Douglas Emmett Inc
For the period ended Mar 31, 2024. Filed May 10, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
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Investment in Real Estate
- Investment in Real Estate
The table below summarizes our investment in real estate:
| (In thousands) | March 31, 2024 | December 31, 2023 |
|---|---|---|
| Land | $1,185,977 | $1,185,977 |
| Buildings and improvements(1) | 10,156,062 | 10,142,410 |
| Tenant improvements and lease intangibles | 1,029,496 | 1,020,988 |
| Property under development(1) | 60,766 | 56,439 |
| Investment in real estate, gross | $12,432,301 | $12,405,814 |
(1) During the three months ended March 31, 2024, Property under development balances transferred to Building and improvements for real estate placed into service was $3.2 million.
Property to be Removed from Service
During the second quarter of 2023, we removed our Barrington Plaza Apartments property in Los Angeles from the rental market.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.