Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment

The tables below provide additional information related to each of the Company’s segments, geographic location and a reconciliation to the Company’s net loss, as applicable. “Corporate-Level Accounts” includes amounts incurred by the corporate-level entities which are not allocated to any of the reportable segments (all amounts other than percentages are in thousands).

	Three Months Ended March 31,
	2018		2017
Total Revenue
Domestic office investments	$	32,662	$	44,095
Domestic other investments	20,104		24,796
International office investments	21,509		24,343
International other investments	10,224		13,132
Total Revenue	$	84,499	$	106,366

For the three months ended March 31, 2018 and 2017 the Company’s total revenue was attributable to the following countries:

	Three Months Ended March 31,
	2018		2017
Total Revenue
United States	63	%	65	%
United Kingdom	10	%	12	%
Australia	9	%	8	%
Germany	6	%	6	%
Poland	7	%	5	%
Russia	3	%	3	%
France	2	%	1	%

For the three months ended March 31, 2018 and 2017, the Company’s property revenues in excess of expenses by segment was as follows (in thousands):

	Three Months Ended March 31,
	2018		2017
Property revenues in excess of expenses (1)
Domestic office investments	$	20,902	$	27,934
Domestic other investments	11,439		15,645
International office investments	11,232		17,967
International other investments	7,272		9,516
Property revenues in excess of expenses	$	50,845	$	71,062

(1) Revenues less property operating expenses, real property taxes and property management fees.

As of March 31, 2018 and December 31, 2017, the Company’s total assets by segment was as follows (in thousands):

	March 31, 2018		December 31, 2017
Total Assets
Domestic office investments	$	1,141,163	$	1,146,312
Domestic other investments	778,785		794,558
International office investments	1,063,283		1,053,971
International other investments	437,901		429,827
Corporate-level accounts	36,403		301,529
Total Assets	$	3,457,535	$	3,726,197

As of March 31, 2018 and December 31, 2017, the Company’s total assets were attributable to the following countries:

	March 31, 2018		December 31, 2017
Total Assets
United States	58	%	59	%
United Kingdom	12	%	11	%
Australia	9	%	9	%
Germany	7	%	7	%
Poland	8	%	8	%
France	4	%	4	%
Russia	2	%	2	%

Reconciliation Of Net Income (Loss) From Segments To Consolidated

For the three months ended March 31, 2018 and 2017, the reconciliation of the Company’s total property revenues in excess of expenses to the Company’s net income (loss) is as follows (in thousands):

	Three Months Ended March 31,
	2018			2017
Reconciliation to property revenues in excess of expenses
Net income (loss)	$	(10,183	)	$	98,942
Depreciation and amortization	33,998			37,609
Acquisition related expenses	—			60
Asset management and acquisition fees	8,859			9,366
General and administrative expenses	2,902			3,146
(Gain) loss on derivatives	(351		)	12
Gain on sale of real estate investments	(19		)	(85,188		)
Foreign currency (gains) losses	1,220			(6,619		)
Interest expense	14,999			14,684
Other (income) expenses	(263		)	(102		)
(Benefit) provision for income taxes	(317		)	(848		)
Total property revenues in excess of expenses	$	50,845		$	71,062