Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Information

Below is a reconciliation of net income, the most directly comparable GAAP financial measure, to NOI at share and NOI at share - cash basis for the three months ended March 31, 2019 and 2018.

(Amounts in thousands)	For the Three Months Ended March 31,
	2019			2018
Net income	$	213,044		$	282
Deduct:
(Income) loss from partially owned entities	(7,320		)	9,904
Interest and other investment (income) loss, net	(5,045		)	24,384
Net gains on disposition of wholly owned and partially owned assets	(220,294		)	—
NOI attributable to noncontrolling interests in consolidated subsidiaries	(17,403		)	(17,312		)
Add:
Loss from real estate fund investments	167			8,807
Depreciation and amortization expense	116,709			108,686
General and administrative expense	58,020			42,533
Transaction related costs and other	149			13,156
NOI from partially owned entities	67,402			67,513
Interest and debt expense	102,463			88,166
Loss from discontinued operations	137			363
Income tax expense	29,743			2,554
NOI at share	337,772			349,036
Non-cash adjustments for straight-line rents, amortization of acquired below-market leases, net, and other	(5,181		)	(17,948		)
NOI at share - cash basis	$	332,591		$	331,088

22. Segment Information - continued

Below is a summary of NOI at share and NOI at share - cash basis by segment for the three months ended March 31, 2019 and 2018.

(Amounts in thousands)	For the Three Months Ended March 31, 2019
	Total			New York			Other
Total revenues	$	534,668		$	443,285		$	91,383
Operating expenses	246,895			198,095			48,800
NOI - consolidated	287,773			245,190			42,583
Deduct: NOI attributable to noncontrolling interests in consolidated subsidiaries	(17,403		)	(11,407		)	(5,996		)
Add: NOI from partially owned entities	67,402			49,575			17,827
NOI at share	337,772			283,358			54,414
Non-cash adjustments for straight-line rents, amortization of acquired below-market leases, net, and other	(5,181		)	(6,618		)	1,437
NOI at share - cash basis	$	332,591		$	276,740		$	55,851

(Amounts in thousands)	For the Three Months Ended March 31, 2018
	Total			New York			Other
Total revenues	$	536,437		$	448,484		$	87,953
Operating expenses	237,602			197,916			39,686
NOI - consolidated	298,835			250,568			48,267
Deduct: NOI attributable to noncontrolling interests in consolidated subsidiaries	(17,312		)	(11,745		)	(5,567		)
Add: NOI from partially owned entities	67,513			49,773			17,740
NOI at share	349,036			288,596			60,440
Non-cash adjustments for straight-line rents, amortization of acquired below-market leases, net, and other	(17,948		)	(17,323		)	(625		)
NOI at share - cash basis	$	331,088		$	271,273		$	59,815