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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Segment Information
Below is a summary of NOI at share and NOI at share - cash basis by segment for the years ended December 31, 2023, 2022 and 2021.
(Amounts in thousands)For the Year Ended December 31, 2023
TotalNew YorkOther
Total revenues$1,811,163 $1,452,158 $359,005 
Operating expenses(905,158)(733,478)(171,680)
NOI - consolidated906,005 718,680 187,325 
Deduct: NOI attributable to noncontrolling interests in consolidated subsidiaries(48,553)(15,547)(33,006)
Add: NOI from partially owned entities 285,761 274,436 11,325 
NOI at share1,143,213 977,569 165,644 
Non-cash adjustments for straight-line rents, amortization of acquired below-market leases, net, and other(3,377)(7,700)4,323 
NOI at share - cash basis$1,139,836 $969,869 $169,967 
(Amounts in thousands)For the Year Ended December 31, 2022
TotalNew YorkOther
Total revenues$1,799,995 $1,449,442 $350,553 
Operating expenses(873,911)(716,148)(157,763)
NOI - consolidated926,084 733,294 192,790 
Deduct: NOI attributable to noncontrolling interests in consolidated subsidiaries(70,029)(45,566)(24,463)
Add: NOI from partially owned entities 305,993 293,780 12,213 
NOI at share1,162,048 981,508 180,540 
Non-cash adjustments for straight-line rents, amortization of acquired below-market leases, net, and other(10,980)(18,509)7,529 
NOI at share - cash basis$1,151,068 $962,999 $188,069 
(Amounts in thousands)For the Year Ended December 31, 2021
TotalNew YorkOther
Total revenues$1,589,210 $1,257,599 $331,611 
Operating expenses(797,315)(626,386)(170,929)
NOI - consolidated791,895 631,213 160,682 
Deduct: NOI attributable to noncontrolling interests in consolidated subsidiaries(69,385)(38,980)(30,405)
Add: NOI from partially owned entities 310,858 300,721 10,137 
NOI at share1,033,368 892,954 140,414 
Non-cash adjustments for straight-line rents, amortization of acquired below-market leases, net, and other1,318 (1,188)2,506 
NOI at share - cash basis$1,034,686 $891,766 $142,920 
23. Segment Information - continued
Below is a reconciliation of net income (loss) to NOI at share and NOI at share - cash basis for the years ended December 31, 2023, 2022 and 2021.
(Amounts in thousands)For the Year Ended December 31,
202320222021
Net income (loss)$32,888 $(382,612)$207,553 
Depreciation and amortization expense434,273 504,502 412,347 
General and administrative expense162,883 133,731 134,545 
Impairment losses, transaction related costs and other50,691 31,722 13,815 
(Income) loss from partially owned entities(38,689)461,351 (130,517)
Income from real estate fund investments(1,590)(3,541)(11,066)
Interest and other investment income, net(41,697)(19,869)(4,612)
Interest and debt expense349,223 279,765 231,096 
Net gains on disposition of wholly owned and partially owned assets(71,199)(100,625)(50,770)
Income tax expense (benefit)29,222 21,660 (10,496)
NOI from partially owned entities285,761 305,993 310,858 
NOI attributable to noncontrolling interests in consolidated subsidiaries(48,553)(70,029)(69,385)
NOI at share1,143,213 1,162,048 1,033,368 
Non-cash adjustments for straight-line rents, amortization of acquired below-market leases, net, and other(3,377)(10,980)1,318 
NOI at share - cash basis$1,139,836 $1,151,068 $1,034,686