Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Summary of Operating Activity of Reportable Segments

The table below presents the operating activity of our reportable segments:

(In thousands)	Three Months Ended March 31,
	2020			2019
Office Segment
Total office revenues	$	219,889		$	197,290
Office expenses	(69,664		)	(63,449		)
Office segment profit	150,225			133,841
Multifamily Segment
Total multifamily revenues	31,461			26,896
Multifamily expenses	(9,356		)	(7,555		)
Multifamily segment profit	22,105			19,341
Total profit from all segments	$	172,330		$	153,182

Reconciliation of Segment Profit to Net Income Attributable to Common Stockholders

The table below presents a reconciliation of the total profit from all segments to net income attributable to common stockholders:

(In thousands)	Three Months Ended March 31,
	2020			2019
Total profit from all segments	$	172,330		$	153,182
General and administrative expenses	(10,335		)	(9,832		)
Depreciation and amortization	(97,777		)	(79,873		)
Other income	1,989			2,898
Other expenses	(1,396		)	(1,845		)
Income from unconsolidated Funds	323			1,551
Interest expense	(35,420		)	(33,293		)
Net income	29,714			32,788
Less: Net income attributable to noncontrolling interests	(2,791		)	(4,087		)
Net income attributable to common stockholders	$	26,923		$	28,701