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Real Estate (Tables)
 12 Months Ended
Dec. 31, 2015
Real Estate [Abstract]  
Summary of Real Estate Investments
A summary of the properties owned by us is as follows:
Retail
Carmel Country Plaza
Del Monte Center
 
Carmel Mountain Plaza
Geary Marketplace
 
South Bay Marketplace
The Shops at Kalakaua
 
Lomas Santa Fe Plaza
Waikele Center
 
Solana Beach Towne Centre
Alamo Quarry Market
 
Office
Torrey Reserve Campus
Lloyd District Portfolio
 
Solana Beach Corporate Centre
City Center Bellevue
 
The Landmark at One Market
 
 
One Beach Street
 
 
First & Main
 
 
Multifamily
Loma Palisades
 
 
Imperial Beach Gardens
 
 
Mariner's Point
 
 
Santa Fe Park RV Resort
 
 
Hassalo on Eighth
 
 
Mixed-Use
 
 
Waikiki Beach Walk Retail and Embassy Suites™ Hotel
 
 
 
 
Held for Development and Construction in Progress
Solana Beach Corporate Centre – Land
 
 
Solana Beach – Highway 101 – Land
 
 
Torrey Point (formerly Sorrento Pointe) – Construction in Progress
Torrey Reserve – Construction in Progress
 
 
Lloyd District Portfolio – Construction in Progress
 
 
A summary of our real estate investments is as follows (in thousands):
 
Retail
 
Office
 
Multifamily
 
Mixed-Use
 
Total
 
December 31, 2015
 
 
 
 
 
 
 
 

 
Land
$
245,588

 
$
143,575

 
$
24,696

 
$
76,635

 
$
490,494

 
Buildings
500,075

 
665,431

 
210,093

 
125,860

 
1,501,459

 
Land improvements
40,203

 
8,273

 
3,280

 
2,363

 
54,119

 
Tenant improvements
54,993

 
63,880

 
—

 
1,846

 
120,719

 
Furniture, fixtures, and equipment
491

 
1,265

 
7,638

 
5,671

 
15,065

 
Construction in progress
20,817

 
41,669

 
1,649

 
37

 
64,172

(1) 
 
862,167

 
924,093

 
247,356

 
212,412

 
2,246,028

 
Accumulated depreciation
(223,274
)
 
(127,320
)
 
(38,626
)
 
(21,946
)
 
(411,166
)
 
Net real estate
$
638,893

 
$
796,773

 
$
208,730

 
$
190,466

 
$
1,834,862

 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
Land
$
248,386

 
$
143,575

 
$
25,507

 
$
76,635

 
$
494,103

 
Buildings
500,088

 
621,343

 
42,270

 
125,798

 
1,289,499

 
Land improvements
39,999

 
8,273

 
3,085

 
2,363

 
53,720

 
Tenant improvements
50,504

 
56,127

 
—

 
1,679

 
108,310

 
Furniture, fixtures, and equipment
491

 
750

 
5,832

 
5,383

 
12,456

 
Construction in progress
5,327

 
31,878

 
141,205

 
326

 
178,736

(1) 
 
844,795

 
861,946

 
217,899

 
212,184

 
2,136,824

 
Accumulated depreciation
(205,339
)
 
(104,092
)
 
(35,431
)
 
(16,562
)
 
(361,424
)
 
Net real estate
$
639,456

 
$
757,854

 
$
182,468

 
$
195,622

 
$
1,775,400

 


(1) Land related to held for development and construction in progress is included in the Held for Development and Construction in Progress classifications on the consolidated balance sheets.