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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 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Investment in Unconsolidated Joint Ventures                
Management fees, base revenue $ 173,220 $ 212,456 $ 617,865 $ 601,865        
Assets                
Commercial real estate property, net 4,994,297   4,994,297     $ 7,159,245    
Cash and restricted cash 189,750 201,267 189,750 201,267   203,273    
Tenant and other receivables, related party receivables, and deferred rents receivable 37,295   37,295     34,497    
Other assets 472,071   472,071     546,945    
Total assets [1] 9,690,582   9,690,582     12,355,794    
Liabilities and equity                
Mortgages and other loans payable, net 1,512,746   1,512,746     3,227,563    
Lease liability - operating leases 887,412   887,412     895,100    
Other liabilities 453,349   453,349     236,211    
Equity 4,107,243 4,752,221 4,107,243 4,752,221 $ 4,159,833 4,646,922 $ 4,748,764 $ 4,778,253
Total liabilities and equity/capital 9,690,582   9,690,582     12,355,794    
Company's investments in unconsolidated joint ventures 3,152,752   3,152,752     3,190,137    
Investments difference between carrying amount and underlying equity 537,400   537,400          
Combined statements of income for the unconsolidated joint ventures                
Total revenues 173,220 212,456 617,865 601,865        
Operating expenses 49,585 45,011 148,606 127,151        
Real estate taxes 31,195 35,111 112,463 96,677        
Operating lease rent 7,253 7,388 20,209 20,429        
Interest expense, net of interest income 27,440 21,824 109,714 51,854        
Amortization of deferred financing costs 2,152 2,043 6,327 5,908        
Depreciation and amortization 50,212 48,462 197,844 142,359        
Total expenses 190,876 181,407 672,268 514,273        
Net (loss) income (21,694) 12,211 (439,279) (12,253)        
Company's equity in net loss from unconsolidated joint ventures (15,126) (21,997) (44,470) (31,262)        
Joint venture                
Investment in Unconsolidated Joint Ventures                
Management fees, base revenue 407,148 330,705 1,140,889 997,670        
Assets                
Commercial real estate property, net 18,667,334   18,667,334     15,989,642    
Cash and restricted cash 691,274   691,274     709,299    
Tenant and other receivables, related party receivables, and deferred rents receivable 668,137   668,137     601,552    
Other assets 2,656,613   2,656,613     2,551,426    
Total assets 22,683,358   22,683,358     19,851,919    
Liabilities and equity                
Mortgages and other loans payable, net 14,707,926   14,707,926     12,348,954    
Deferred revenue 1,156,816   1,156,816     1,077,901    
Lease liability - operating leases 993,041   993,041     1,000,356    
Other liabilities 444,208   444,208     456,537    
Equity 5,381,367   5,381,367     4,968,171    
Total liabilities and equity/capital 22,683,358   22,683,358     $ 19,851,919    
Company's investments in unconsolidated joint ventures 3,152,752   3,152,752          
Combined statements of income for the unconsolidated joint ventures                
Total revenues 407,148 330,705 1,140,889 997,670        
Operating expenses 63,081 59,841 183,825 173,327        
Real estate taxes 78,564 66,594 210,428 186,710        
Operating lease rent 7,307 6,616 21,746 19,465        
Interest expense, net of interest income 162,897 112,747 421,528 305,977        
Amortization of deferred financing costs 6,897 7,116 21,140 20,568        
Depreciation and amortization 138,199 116,511 380,867 343,183        
Total expenses 456,945 369,425 1,239,534 1,049,230        
Loss on early extinguishment of debt 0 0 0 (467)        
Net (loss) income (49,797) (38,720) (98,645) (52,027)        
Company's equity in net loss from unconsolidated joint ventures (15,126) (21,997) (44,470) (31,262)        
Management Service, Base | Joint venture                
Investment in Unconsolidated Joint Ventures                
Management fees, base revenue 3,500 5,800 16,300 15,000        
Combined statements of income for the unconsolidated joint ventures                
Total revenues $ 3,500 $ 5,800 $ 16,300 $ 15,000        
[1] (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: $41.2 million and $41.2 million of land, $39.8 million and $41.0 million of building and improvements, $— million and $— million of building and leasehold improvements, $— million and $— million of right of use assets, $5.2 million and $4.4 million of accumulated depreciation, $664.1 million and $599.2 million of other assets included in other line items, $50.0 million and $49.8 million of real estate debt, net, $0.0 million and $0.2 million of accrued interest payable, $— million and $— million of lease liabilities, and $304.7 million and $146.4 million of other liabilities included in other line items as of September 30, 2023 and December 31, 2022, respectively.