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Unconsolidated Affiliates and Noncontrolling Interests -Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
ASSETS:                
Investment in real estate assets [1] $ 1,802,593   $ 1,802,593     $ 1,801,245    
Accumulated depreciation [1] (263,950)   (263,950)     (228,034)    
Net investment in real estate assets [1] 1,547,548   1,547,548     1,582,111    
Developments in progress [1] 8,905   8,905     8,900    
Total assets [1] 2,321,701   2,321,701     2,405,905    
LIABILITIES:                
Mortgage and other indebtedness, net 1,853,341   1,853,341     1,888,803    
Total liabilities [1] 2,022,715   2,022,715     2,075,288    
OWNERS' EQUITY (DEFICIT):                
The Company 308,789   308,789     339,321    
Noncontrolling interests (9,803)   (9,803)     (8,704)    
Total equity 298,986 $ 325,101 298,986 $ 325,101 $ 314,850 330,617 $ 357,605 $ 367,129
Total liabilities, redeemable noncontrolling interests and equity 2,321,701   2,321,701     2,405,905    
Total revenues [2],[3] 129,665 129,867 258,782 266,226        
Net income 4,291 (22,663) 3,817 (22,149)        
BI Development II, LLC                
ASSETS:                
Investment in real estate assets 2,008,116   2,008,116     2,010,269    
Accumulated depreciation (913,330)   (913,330)     (886,712)    
Net investment in real estate assets 1,094,786   1,094,786     1,123,557    
Developments in progress 25,370   25,370     17,261    
Net investment in real estate assets 1,120,156   1,120,156     1,140,818    
Other assets 197,016   197,016     200,289    
Total assets 1,317,172   1,317,172     1,341,107    
LIABILITIES:                
Mortgage and other indebtedness, net 1,321,646   1,321,646     1,368,031    
Other liabilities 43,680   43,680     45,577    
Total liabilities 1,365,326   1,365,326     1,413,608    
OWNERS' EQUITY (DEFICIT):                
The Company 13,759   13,759     12,290    
Noncontrolling interests (61,913)   (61,913)     (84,791)    
Total equity (48,154)   (48,154)     (72,501)    
Total liabilities, redeemable noncontrolling interests and equity 1,317,172   1,317,172     $ 1,341,107    
Total revenues 63,875 62,943 127,872 123,476        
Net income [4] $ 28,328 $ 11,092 $ 34,592 $ 20,273        
[1] As of June 30, 2024, includes $178,452 of assets related to consolidated variable interest entities that can be used only to settle obligations of the consolidated variable interest entities and $208,139 of liabilities of consolidated variable interest entities for which creditors do not have recourse to the general credit of the Company. See Note 7.
[2] Management, development and leasing fees are included in All Other category. See Note 3 for information on the Company’s revenues disaggregated by revenue source for each of the above segments.
[3] Sales taxes are excluded from revenues.
[4] The Company's pro rata share of net income was $7,148 and $812 for the three months ended June 30, 2024 and 2023, respectively. The Company's pro rata share of net income (loss) was $11,742 and $(444) for the six months ended June 30, 2024 and 2023, respectively.