| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $135.0M-9.9% | $149.8M+7.1% | $139.9M-19.4% | $173.5M+71.0% | $101.5M+47.0% | $69.0M-18.2% | $84.4M+11.3% | $75.9M+24.4% | $61.0M+31.5% | $46.4M |
| General and administrative | $73.0M-8.2% | $79.5M+6.0% | $75.0M-5.7% | $79.5M+11.4% | $71.3M-8.4% | $77.9M+8.2% | $71.9M+17.9% | $61.0M+12.1% | $54.5M+3.9% | $52.4M |
| Depreciation and amortization | $375.0M+5.8% | $354.4M-10.9% | $397.8M+6.6% | $373.2M+8.6% | $343.6M+14.7% | $299.7M+6.2% | $282.1M+12.4% | $251.0M-11.5% | $283.6M+5.4% | $269.1M |
| Total operating expenses | $875.7M-1.4% | $888.0M-3.8% | $923.3M+6.5% | $866.5M+15.4% | $750.8M+10.8% | $677.3M+3.3% | $655.6M+13.1% | $579.7M+1573.9% | $34.6M-93.7% | $550.2M |
| Loss from unconsolidated real estate entities | -$67K+99.1% | -$7.3M-87.3% | -$3.9M-513.8% | $943K-48.2% | $1.8M+147.6% | $736K+198.5% | -$747K | $0 | $0 | — |
| Fee income | $5.4M+2.5% | $5.3M-14.8% | $6.2M-22.5% | $8.0M+147.5% | $3.2M+14.4% | $2.8M+92.9% | $1.5M | $0 | $0 | — |
| Interest expense | -$172.2M+2.9% | -$177.4M+17.3% | -$214.4M-43.0% | -$149.9M-22.9% | -$121.9M-7.1% | -$113.8M-8.3% | -$105.1M-26.4% | -$83.2M+7.6% | -$90.0M-218.4% | $76.0M |
| Interest income | $6.2M+152.9% | $2.5M+13.1% | $2.2M-6.8% | $2.3M-38.3% | $3.8M-7.2% | $4.1M+1.1% | $4.0M+135.4% | $1.7M+1671.1% | $97K+137.3% | -$260K |
| Management services reimbursement income—unconsolidated real estate entities | $4.2M+2.1% | $4.1M-0.1% | $4.1M-0.9% | $4.2M+267.8% | $1.1M | $0 | $0 | — | — | — |
| Management services expense—unconsolidated real estate entities | -$4.2M-2.1% | -$4.1M+0.1% | -$4.1M+0.9% | -$4.2M-267.8% | -$1.1M | $0 | $0 | — | — | — |
| Transaction-related expenses | -$590K+76.4% | -$2.5M-317.3% | $1.1M+108.0% | -$14.4M-61.1% | -$8.9M-1925.2% | -$440K+34.0% | -$667K-24.7% | -$535K+10.5% | -$598K-259.0% | $376K |
| Unrealized loss on non-real estate investments | -$3.0M+24.3% | -$4.0M-26.9% | -$3.1M-116.7% | -$1.4M-108.7% | $16.6M+772.8% | -$2.5M | $0-100.0% | $928K | $0 | $0 |
| Gain (loss) on sale of real estate, net | $5.7M+332.9% | -$2.5M-102.4% | $103.2M+4869.0% | -$2.2M | $0 | — | — | — | — | — |
| Impairment loss | -$299.3M-100.0% | -$149.7M-148.8% | -$60.2M-110.7% | -$28.5M-933.6% | -$2.8M | $0+100.0% | -$52.2M | $0 | $0 | — |
| Loss on deconsolidation of real estate entity | -$77.9M | $0 | $0 | — | — | — | — | — | — | — |
| (Loss) gain on extinguishment of debt | -$10.5M | $0-100.0% | $10.0M | $0+100.0% | -$6.3M-135.8% | -$2.7M-256.7% | -$744K | — | — | — |
| Other (expense) income | -$1.8M-210.0% | $1.6M+27550.0% | -$6K-100.1% | $9.0M+450.6% | -$2.6M-565.9% | $548K+602.6% | $78K-90.5% | $822K-72.5% | $3.0M+292.0% | -$1.6M |
| Loss on sale of bonds | $0 | $0+100.0% | -$34.0M | $0 | $0 | — | — | — | — | — |
| Total other expenses | -$548.0M-64.1% | -$333.9M-73.1% | -$192.9M-9.5% | -$176.2M-50.6% | -$117.0M-5.2% | -$111.2M-4.1% | -$106.8M-189.4% | -$36.9M+12.2% | -$42.0M-192.1% | $45.6M |
| Loss before income tax benefit (provision) | -$592.6M-56.0% | -$379.8M-131.7% | -$163.9M-892.3% | -$16.5M-156.9% | $29.0M | — | — | — | — | — |
| Income tax benefit (provision) | $273K+116.6% | -$1.6M+75.9% | -$6.8M | $0 | $0 | — | — | — | — | — |
| Net loss | -$592.3M-55.3% | -$381.4M-123.4% | -$170.7M-933.5% | -$16.5M-156.9% | $29.0M+76.6% | $16.4M-70.6% | $55.8M-50.0% | $111.8M+18.2% | $94.6M+116.1% | $43.8M |
| Net income attributable to participating securities | $0+100.0% | -$409K+51.9% | -$850K+28.8% | -$1.2M-9.5% | -$1.1M-4.7% | -$1.0M-12.9% | -$922K-39.1% | -$663K+33.9% | -$1.0M-30.9% | -$766K |
| Net loss attributable to non-controlling interest in consolidated real estate entities | $27.4M+9.2% | $25.1M+168.5% | $9.3M+139.8% | -$23.4M-7.4% | -$21.8M-15.0% | -$19.0M | — | — | — | — |
| Net loss (income) attributable to redeemable non-controlling interest in consolidated real estate entities | $3.2M-20.0% | $4.1M+132.4% | -$12.5M-352.2% | $5.0M+71.1% | $2.9M-36.5% | $4.6M+129.2% | $2.0M+1279.9% | -$169K | $0 | $0 |
| Net loss attributable to common units in the operating partnership | $10.0M+6.9% | $9.4M+178.6% | $3.4M+373.6% | $709K+1262.3% | -$61K-510.0% | -$10K+97.8% | -$459K-28.2% | -$358K+4.5% | -$375K+93.6% | -$5.8M |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS | -$572.2M-57.1% | -$364.1M-89.5% | -$192.2M-240.1% | -$56.5M-1031.7% | $6.1M+1483.3% | $383K-99.1% | $42.7M-56.4% | $98.1M+45.1% | $67.6M+148.3% | $27.2M |
| Net loss attributable to common stockholders—basic (in dollars per share) | -$12810.00+29.0% | -$18050.00-89.2% | -$9540.00-2346.2% | -$390.00-1075.0% | $40.00 | — | — | — | — | $260.00 |
| Net loss attributable to common stockholders—diluted (in dollars per share) | -$12810.00+29.0% | -$18050.00-89.2% | -$9540.00-2346.2% | -$390.00-1075.0% | $40.00 | — | — | — | — | $250.00 |
| Weighted average shares of common stock outstanding—basic (in shares) | 44.68B+121.5% | 20.17B+0.2% | 20.14B-86.0% | 143.73B-5.2% | 151.62B-1.0% | 153.13B+99072.0% | 154.4M-0.7% | 155.4M+1.3% | 153.5M-99.9% | 145.60B |
| Weighted average shares of common stock outstanding—diluted (in shares) | 44.68B+121.5% | 20.17B+0.2% | 20.14B-86.0% | 143.73B-5.4% | 151.94B-0.8% | 153.17B+97707.6% | 156.6M+0.6% | 155.7M+1.2% | 153.9M-99.9% | 146.74B |
| Series A preferred units | ||||||||||
| Net income attributable to preferred units/share | -$20.2M+0.0% | -$20.2M+0.0% | -$20.2M+1.2% | -$20.4M-795.7% | -$2.3M-272.7% | -$612K+0.0% | -$612K+1.0% | -$618K+2.8% | -$636K | — |
| Series C preferred stock | ||||||||||
| Office | ||||||||||
| Rental revenues | $54.9M+1.8% | $53.9M-9.1% | $59.3M-0.7% | $59.7M-92.4% | $782.7M+8.5% | $721.3M+1.8% | $708.6M+32.9% | $533.2M-2.2% | $545.5M | — |
| Service and other revenues | $80.2M-16.4% | $95.9M+18.9% | $80.6M-29.2% | $113.9M+121.2% | $51.5M+153.7% | $20.3M-38.7% | $33.1M+13.6% | $29.2M+25.9% | $23.2M+33.3% | $17.4M |
| Operating expenses | $143.7M-3.2% | $148.4M+7.2% | $138.4M+31.7% | $105.2M+89.4% | $55.5M+47.7% | $37.6M-17.1% | $45.3M+10.8% | $40.9M+18.1% | $34.6M+34.2% | $25.8M |
| Studio | ||||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.