XML 108 R91.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Summary of net income and EBITDA reconciliation by segment) (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Segment Reporting [Abstract]        
Net income (loss) $ 68,736 $ 363,849 $ (253,119) $ 3,173,586
Depreciation and amortization expense 107,013 96,437 292,611 326,181
General and administrative expense 32,407 33,237 120,255 130,129
Expense from transaction related costs and impairment losses and (gain from lease liability extinguishment), net 584 1,576 (68,566) 103,315
Loss (income) from partially owned entities 80,909 (25,946) 353,679 (56,139)
Loss (income) from real estate fund investments 13,823 (2,190) 225,328 13,780
Interest and other investment (income) loss, net (1,729) (3,045) 7,068 (15,930)
Interest and debt expense 57,371 61,448 174,618 226,940
Net gain on transfer to Fifth Avenue and Times Square JV 0 0 0 (2,571,099)
Net gains on disposition of wholly owned and partially owned assets (214,578) (309,657) (338,862) (641,664)
Income tax expense 23,781 23,885 38,431 80,542
Loss from discontinued operations 0 8 0 85
NOI from partially owned entities 78,175 86,024 229,543 236,400
NOI attributable to noncontrolling interests in consolidated subsidiaries (25,959) (18,096) (56,900) (51,915)
NOI at share 220,533 307,530 724,086 954,211
Non cash adjustments for straight-line rents, amortization of acquired below-market leases, net and other 10,981 (4,037) 48,247 530
NOI at share - cash basis $ 231,514 $ 303,493 $ 772,333 $ 954,741