Investments in Properties (Tables)

3 Months Ended

Mar. 31, 2023

Investments in Properties

Schedule of Investments in Properties

A summary of our investments in properties is below (in thousands):

Property Type	As of March 31, 2023		As of December 31, 2022
Land	$	1,096,898	$	1,061,408
Acquired ground lease		6,132		6,006
Buildings and improvements		25,154,186		24,287,103
Tenant improvements		794,806		781,540
		27,052,022		26,136,057
Accumulated depreciation and amortization		(7,600,559)		(7,268,981)
Investments in operating properties, net		19,451,463		18,867,076
Construction in progress and space held for development		4,563,578		4,789,134
Land held for future development		194,564		118,452
Investments in properties, net	$	24,209,605	$	23,774,662