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Segments - Schedule of Reconciliation of NOI to Net (Loss) Income Attributable to Common Stockholders (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting [Abstract]        
NOI [1] $ 120,710 $ 117,066 $ 360,294 $ 357,823
Fee income 5,132 6,561 23,094 19,432
Depreciation and amortization expense (58,284) (57,522) (171,306) (175,752)
General and administrative expenses (13,150) (13,257) (45,501) (46,039)
NOI from unconsolidated joint ventures (excluding One Steuart Lane) (11,540) (11,627) (34,359) (32,510)
(Loss) income from unconsolidated joint ventures (5,797) 223 (15,326) (20,810)
Interest and other income, net 1,580 138 2,607 2,510
Interest and debt expense (36,949) (36,266) (106,804) (105,919)
Other, net 195 189 244 101
Income (loss) before income taxes 1,897 5,505 12,943 (1,164)
Income tax expense (673) (873) (1,559) (2,448)
Net income (loss) 1,224 4,632 11,384 (3,612)
Consolidated joint ventures (4,179) (3,768) (12,383) (16,924)
Consolidated real estate fund 1,309 (3,123) 2,677 (3,179)
Operating Partnership 109 204 (204) 2,139
Net (loss) income attributable to common stockholders $ (1,537) $ (2,055) $ 1,474 $ (21,576)
[1] NOI is used to measure the operating performance of our properties. NOI consists of rental revenue (which includes property rentals, tenant reimbursements and lease termination income) and certain other property-related revenue less operating expenses (which includes property-related expenses such as cleaning, security, repairs and maintenance, utilities, property administration and real estate taxes). We use NOI internally as a performance measure and believe it provides useful information to investors regarding our financial condition and results of operations because it reflects only those income and expense items that are incurred at the property level. Other real estate companies may use different methodologies for calculating NOI and, accordingly, our presentation of NOI may not be comparable to other real estate companies.