Investments in Properties (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024		As of December 31, 2023
Land	$	1,098,238	$	1,087,278
Acquired ground lease		89		91
Buildings and improvements		25,179,025		25,388,788
Tenant improvements		845,444		830,211
		27,122,796		27,306,368
Accumulated depreciation and amortization		(7,976,093)		(7,823,685)
Investments in operating properties, net		19,146,703		19,482,683
Construction in progress and space held for development		4,496,840		4,635,215
Land held for future development		114,240		118,190
Investments in properties, net	$	23,757,783	$	24,236,088