Investments in Properties (Tables)

12 Months Ended

Dec. 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 December 31, 2023		As of December 31, 2022
Land	$	1,087,278	$	1,061,408
Acquired ground lease		91		6,006
Buildings and improvements		25,388,788		24,287,103
Tenant improvements		830,211		781,540
		27,306,368		26,136,057
Accumulated depreciation and amortization		(7,823,685)		(7,268,981)
Investments in operating properties, net		19,482,683		18,867,076
Construction in progress and space held for development		4,635,215		4,789,134
Land held for future development		118,190		118,452
Investments in properties, net	$	24,236,088	$	23,774,662