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Investments in Unconsolidated Joint Ventures - Schedules of Combined Financial Statements for the Unconsolidated Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Assets                
Commercial real estate property, net $ 5,655,976   $ 5,655,976     $ 5,399,002    
Cash and restricted cash 218,337 $ 1,015,348 218,337 $ 1,015,348   266,059    
Tenant and other receivables, related party receivables, and deferred rents receivable 40,147   40,147     44,507    
Other assets 336,807   336,807     448,213    
Total assets [1] 11,166,164   11,166,164     11,707,567    
Liabilities and equity                
Mortgages and other loans payable, net 1,857,829   1,857,829     1,979,972    
Lease liabilities 443,313   443,313     339,458    
Other liabilities 193,321   193,321     302,798    
Equity 4,813,757 5,205,762 4,813,757 5,205,762 $ 4,935,620 4,935,795 $ 5,343,965 $ 5,517,198
Total liabilities and equity/capital 11,166,164   11,166,164     11,707,567    
Company's investments in unconsolidated joint ventures 3,209,151   3,209,151     3,823,322    
Investments difference between carrying amount and underlying equity 186,500   186,500          
Combined statements of income for the unconsolidated joint ventures                
Total revenues 218,107 253,699 444,209 568,002        
Operating expenses 43,883 40,897 86,167 94,763        
Real estate taxes 43,768 41,661 89,179 88,283        
Interest expense before capitalized interest 38,501 44,937 78,369 101,751        
Amortization of deferred financing costs 3,386 2,661 7,160 5,161        
Depreciation and amortization 57,261 95,941 120,257 164,220        
Total expenses 196,032 249,757 403,531 496,768        
Net income 117,134 66,627 113,279 193,741        
Company's equity in net (loss) income from unconsolidated joint ventures (12,970) (2,199) (15,834) (15,013)        
Joint venture                
Assets                
Commercial real estate property, net 14,588,601   14,588,601     16,143,880    
Cash and restricted cash 1,279,021   1,279,021     357,076    
Tenant and other receivables, related party receivables, and deferred rents receivable 425,129   425,129     403,883    
Other assets 1,869,772   1,869,772     2,001,612    
Total assets 18,162,523   18,162,523     18,906,451    
Liabilities and equity                
Mortgages and other loans payable, net 10,581,104   10,581,104     9,749,204    
Deferred revenue 1,250,116   1,250,116     1,341,571    
Lease liabilities 983,985   983,985     1,002,563    
Other liabilities 350,062   350,062     464,107    
Equity 4,997,256   4,997,256     6,349,006    
Total liabilities and equity/capital 18,162,523   18,162,523     $ 18,906,451    
Company's investments in unconsolidated joint ventures 3,209,151   3,209,151          
Combined statements of income for the unconsolidated joint ventures                
Total revenues 289,188 271,518 590,729 554,038        
Operating expenses 42,410 35,338 88,643 86,928        
Real estate taxes 54,015 51,735 108,607 105,107        
Operating lease, rent 5,643 6,201 11,287 12,562        
Interest expense before capitalized interest 79,129 79,638 157,878 165,962        
Amortization of deferred financing costs 7,204 4,808 13,588 9,622        
Depreciation and amortization 116,956 98,854 231,835 197,438        
Total expenses 305,357 276,574 611,838 577,619        
Net income (17,495) (5,056) (22,435) (23,581)        
Company's equity in net (loss) income from unconsolidated joint ventures (12,970) (2,199) (15,834) (15,013)        
Loss on early extinguishment of debt (1,326) 0 (1,326) 0        
Management Service, Base | Joint venture                
Investment in Unconsolidated Joint Ventures                
Management fees, base revenue $ 4,200 $ 1,700 $ 6,800 $ 3,900        
[1] The Company's consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs"). See Note 2. The consolidated balance sheets include the following amounts related to our consolidated VIEs, excluding the Operating Partnership: $179.6 million and $41.2 million of land, $281.0 million and $57.9 million of building and improvements, $2.0 million and $2.0 million of building and leasehold improvements, $53.2 million and $37.8 million of right of use assets, $17.3 million and $10.3 million of accumulated depreciation, $291.4 million and $289.5 million of other assets included in other line items, $377.1 million and $94.0 million of real estate debt, net, $1.1 million and $0.7 million of accrued interest payable, $45.4 million and $29.9 million of lease liabilities, and $23.6 million and $56.6 million of other liabilities included in other line items as of June 30, 2021 and December 31, 2020, respectively.