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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2025
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Summary of Cash Non-Cash Flow Data Related to Discontinued Operations

The following table summarizes non-cash flow data related to discontinued operations (in millions):

 

Six Months Ended June 30, 2024

 

 

Accounts payable related to construction in progress

$

1.0

 

 

Assumption of buildings due to ground lease terminations

 

2.7

 

 

Recognition of below-market ground leases

 

13.7

 

 

Curbline [Member]  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Summary of Cash Non-Cash Flow Data Related to Discontinued Operations The operating results related to the Curbline properties were as follows (in thousands):

 

 

Three Months Ended June 30, 2024

 

 

Six Months Ended June 30, 2024

 

 

Revenue from Operations:

 

 

 

 

 

 

 

Rental income

 

$

27,944

 

 

$

55,810

 

 

Other income

 

 

212

 

 

 

385

 

 

 

 

 

28,156

 

 

 

56,195

 

 

 

 

 

 

 

 

 

 

Rental operation expenses:

 

 

 

 

 

 

 

Operating and maintenance

 

 

3,059

 

 

 

5,991

 

 

Real estate taxes

 

 

2,975

 

 

 

5,996

 

 

General and administrative

 

 

66

 

 

 

169

 

 

Depreciation and amortization

 

 

9,333

 

 

 

18,533

 

 

 

 

 

15,433

 

 

 

30,689

 

 

Other income (expense):

 

 

 

 

 

 

 

Interest expense

 

 

(166

)

 

 

(416

)

 

Transaction costs and other expense

 

 

(4,142

)

 

 

(7,244

)

 

 

 

 

(4,308

)

 

 

(7,660

)

 

Net income attributable to discontinued operations

 

$

8,415

 

 

$

17,846