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Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated The following table shows the revenues for each of the reportable segments, as well as a reconciliation to consolidated revenues (in thousands): 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
Revenues
 
 
 
 
 
 
 
 
Rental Operations:
 
 
 
 
 
 
 
 
Industrial
 
$
190,629

 
$
162,559

 
$
379,944

 
$
319,441

Non-reportable Rental Operations
 
1,366

 
3,182

 
4,819

 
17,598

Service Operations
 
18,465

 
23,576

 
59,566

 
32,975

Total segment revenues
 
210,460

 
189,317

 
444,329

 
370,014

Other revenue
 
98

 
95

 
786

 
473

Consolidated revenue from continuing operations
 
210,558

 
189,412

 
445,115

 
370,487

Discontinued operations
 
27

 
35,165

 
32

 
81,404

Consolidated revenue
 
$
210,585

 
$
224,577

 
$
445,147

 
$
451,891
Summary of Net Operation Income The following table shows a reconciliation of our segment-level measures of profitability to consolidated income from continuing operations before income taxes (in thousands and excluding discontinued operations): 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2018
 
2017
 
2018
 
2017
PNOI
 
 
 
 
 
 
 
 
Industrial
 
$
137,394

 
$
116,466

 
$
266,627

 
$
226,937

Non-reportable Rental Operations
 
844

 
685

 
1,765

 
2,493

PNOI, excluding all sold properties
 
138,238

 
117,151

 
268,392

 
229,430

PNOI from sold properties included in continuing operations
 
2,164

 
5,439

 
7,925

 
12,629

PNOI, continuing operations
 
$
140,402

 
$
122,590

 
$
276,317

 
$
242,059

 
 
 
 
 
 
 
 
 
Earnings from Service Operations
 
3,212

 
1,202

 
3,904

 
2,977

 
 

 

 

 

Rental Operations revenues and expenses excluded from PNOI:
 
 
 
 
 
 
 
 
Straight-line rental income and expense, net
 
4,642

 
3,628

 
10,931

 
5,205

Revenues related to lease buyouts
 
—

 
72

 
23

 
9,857

Amortization of lease concessions and above and below market rents
 
461

 
(566
)
 
1,006

 
(1,450
)
Intercompany rents and other adjusting items
 
(20
)
 
(310
)
 
(6
)
 
(745
)
Non-Segment Items:
 
 
 
 
 
 
 
 
Equity in earnings of unconsolidated joint ventures
 
1,682

 
51,933

 
9,969

 
56,682

Promote income
 
—

 
20,007

 
—

 
20,007

Interest expense
 
(20,675
)
 
(21,680
)
 
(40,675
)
 
(44,566
)
Depreciation and amortization expense
 
(75,832
)
 
(67,013
)
 
(153,361
)
 
(129,036
)
Gain on sale of properties
 
149,962

 
34,341

 
194,848

 
71,387

Impairment charges
 
—

 
—

 
—

 
(859
)
Interest and other income, net
 
4,727

 
2,260

 
9,190

 
2,792

General and administrative expenses
 
(13,459
)
 
(11,858
)
 
(34,482
)
 
(31,090
)
Gain on land sales
 
357

 
1,279

 
3,306

 
2,784

Other operating expenses
 
(1,137
)
 
(718
)
 
(1,923
)
 
(1,457
)
Loss on extinguishment of debt
 
(151
)
 
(9,561
)
 
(151
)
 
(9,536
)
Other non-segment revenues and expenses, net
 
(1,357
)
 
(986
)
 
(2,229
)
 
(1,569
)
Income from continuing operations before income taxes
 
$
192,814

 
$
124,620

 
$
276,667

 
$
193,442