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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Summary of Properties Owned A summary of the properties owned by us is as follows:
Retail
Carmel Country Plaza
Gateway Marketplace
Alamo Quarry Market
Carmel Mountain Plaza
Del Monte Center
Hassalo on Eighth - Retail
South Bay Marketplace
Geary Marketplace
 
Lomas Santa Fe Plaza
The Shops at Kalakaua
 
Solana Beach Towne Centre
Waikele Center
 
Office
La Jolla Commons
One Beach Street
 
Torrey Reserve Campus
First & Main
 
Torrey Point
Lloyd District Portfolio
 
Solana Crossing (formerly Solana Beach Corporate Centre)
City Center Bellevue
 
The Landmark at One Market
 
 
Multifamily
Loma Palisades
Hassalo on Eighth - Multifamily
 
Imperial Beach Gardens
 
 
Mariner's Point
 
 
Santa Fe Park RV Resort
 
 
Pacific Ridge Apartments
 
 
Mixed-Use
 
 
Waikiki Beach Walk Retail and Embassy Suites™ Hotel
 

Held for Development and Construction in Progress
La Jolla Commons - Land
 
 
Solana Crossing – Land
 
 
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, 2019
 
 
 
 
 
 
 
 

 
Land
$
254,016

 
$
225,238

 
$
72,668

 
$
76,635

 
$
628,557

 
Buildings
523,645

 
1,132,990

 
390,379

 
126,726

 
2,173,740

 
Land improvements
46,335

 
11,097

 
7,106

 
2,606

 
67,144

 
Tenant improvements
87,707

 
151,662

 
—

 
2,252

 
241,621

 
Furniture, fixtures, and equipment
911

 
3,065

 
14,995

 
7,187

 
26,158

 
Construction in progress
6,487

 
35,397

 
2,212

 
7,381

 
51,477

(1) 
 
919,101

 
1,559,449

 
487,360

 
222,787

 
3,188,697

 
Accumulated depreciation
(294,189
)
 
(241,595
)
 
(86,208
)
 
(43,230
)
 
(665,222
)
 
Net real estate
$
624,912

 
$
1,317,854

 
$
401,152

 
$
179,557

 
$
2,523,475

 
December 31, 2018
 
 
 
 
 
 
 
 
 
 
Land
$
262,860

 
$
143,467

 
$
72,668

 
$
76,635

 
$
555,630

 
Buildings
516,566

 
743,474

 
389,831

 
125,859

 
1,775,730

 
Land improvements
43,412

 
8,825

 
6,778

 
2,606

 
61,621

 
Tenant improvements
70,210

 
91,612

 
—

 
1,918

 
163,740

 
Furniture, fixtures, and equipment
570

 
2,671

 
13,844

 
6,826

 
23,911

 
Construction in progress
8,598

 
39,511

 
854

 
596

 
49,559

(1) 
 
902,216

 
1,029,560

 
483,975

 
214,440

 
2,630,191

 
Accumulated depreciation
(273,482
)
 
(206,986
)
 
(71,933
)
 
(37,937
)
 
(590,338
)
 
Net real estate
$
628,734

 
$
822,574

 
$
412,042

 
$
176,503

 
$
2,039,853

 


(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.
Consolidated Statements of Cash Flows-Supplemental Disclosures
The following table provides supplemental disclosures related to the Consolidated Statements of Cash Flows (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Supplemental cash flow information
 
 
 
 
 
Total interest costs incurred
$
54,636

 
$
53,736

 
$
55,418

Interest capitalized
$
628

 
$
1,488

 
$
1,570

Interest expense
$
54,008

 
$
52,248

 
$
53,848

Cash paid for interest, net of amounts capitalized
$
51,975

 
$
52,632

 
$
47,473

Cash paid for income taxes
$
971

 
$
462

 
$
461

Supplemental schedule of noncash investing and financing activities
 
 
 
 
 
Accounts payable and accrued liabilities for construction in progress
$
25,413

 
$
14,440

 
$
6,863

Accrued leasing commissions
$
3,345

 
$
5,229

 
$
1,694

Reduction to capital for prepaid equity financing costs
$
—

 
$
241

 
$
—

Building recorded in termination of ground lease
$
4,518

 
$
—

 
$
—