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Real Estate (Tables)
12 Months Ended
Dec. 31, 2016
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
Hassalo on Eighth - Retail
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 - Multifamily
 
 
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
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, 2016
 
 
 
 
 
 
 
 

 
Land
$
245,553

 
$
143,575

 
$
24,696

 
$
76,635

 
$
490,459

 
Buildings
522,032

 
697,558

 
210,873

 
125,860

 
1,556,323

 
Land improvements
40,736

 
8,777

 
3,304

 
2,482

 
55,299

 
Tenant improvements
61,323

 
74,747

 

 
1,846

 
137,916

 
Furniture, fixtures, and equipment
702

 
1,764

 
8,421

 
5,769

 
16,656

 
Construction in progress
2,805

 
40,123

 
851

 
574

 
44,353

(1) 
 
873,151

 
966,544

 
248,145

 
213,166

 
2,301,006

 
Accumulated depreciation
(243,890
)
 
(153,130
)
 
(45,131
)
 
(27,309
)
 
(469,460
)
 
Net real estate
$
629,261

 
$
813,414

 
$
203,014

 
$
185,857

 
$
1,831,546

 
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

 


(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.