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Douglas Emmett Inc

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

DEI$10.00-3.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Schedule III - Consolidated Real Estate and Accumulated Depreciation

Initial Cost · Cost Capitalized Subsequent to Acquisition · Gross Carrying Amount
Property NameEncumb-rancesLandBuilding & Improve-ments(1)Improve-ments(1)(2)LandBuilding & Improve-ments(1)(2)Total(3)Accumulated Depreciation & Amortization(2) (4)Year Built / RenovatedYear Acquired
Office Properties
100 Wilshire$252,034$12,769$78,447$159,391$27,111$223,496$250,607$100,3361968/2002/20191999
233 Wilshire50,3319,263130,4264,4419,263134,867144,13030,9531975/2008-20092016
401 Wilshire—9,98929,187131,87121,787149,260171,04766,9611981/2000/20201996
429 Santa Monica25,6624,94972,5343,9324,94976,46681,41517,6231982/20162017
1132 Bishop Place—8,317105,651(53,122)8,83352,01360,84629,66719922004
1299 Ocean113,13522,748265,19826,68422,748291,882314,63063,0381980/2006/20202017
1901 Avenue of the Stars193,50218,514131,752119,72726,163243,830269,993112,2671968/20012001
2001 Wilshire37,4115,71181,6225,1885,71186,81092,52113,7121980/20132008
8383 Wilshire175,31418,004328,1187,84618,005335,963353,96854,4141971/20092008
8484 Wilshire—8,84677,78017,8208,84695,600104,44632,5351972/20132013
9100 Wilshire142,26413,455258,32912,28013,455270,609284,06444,8701971/20162008
9401 Wilshire26,7396,740152,31020,6606,740172,970179,71036,0291971/20202017
9601 Wilshire—16,59754,774111,85317,658165,566183,22479,8931962/20042001
9665 Wilshire81,1265,568177,07222,2945,568199,366204,93442,2721971/20202017
10880 Wilshire207,71229,995437,51448,09029,988485,611515,599115,5751970/2009/20202016
10960 Wilshire209,57545,844429,76934,05445,852463,815509,667126,1251971/20062016
11777 San Vicente44,4125,03215,76829,9746,71444,06050,77419,9201974/19981999
12100 Wilshire54,74620,164208,7559,94920,164218,704238,86853,35919852016
12400 Wilshire—5,01334,28375,7978,828106,265115,09349,20019851996
15250 Ventura22,3692,13048,9083,4282,13052,33654,4668,7631970/20122008
16000 Ventura37,9711,93689,5314,3231,93693,85495,79016,1441980/20112008
16501 Ventura42,9446,75953,11213,3716,75966,48373,24222,5931986/20122013
Beverly Hills Medical Center46,1804,95527,76630,8016,43557,08763,52227,6661964/20042004
Bishop Square200,00016,273213,79367,60316,273281,396297,669104,7051972/19832010
Brentwood Court—2,5648,8721,3132,56310,18612,7495,05719842006
Brentwood Executive Plaza—3,2559,65435,5325,92142,52048,44119,9951983/19961995
Brentwood Medical Plaza—5,93427,8362,2635,93330,10036,03314,50919752006
Brentwood San Vicente Medical—5,55716,4573,6515,55720,10825,6659,1491957/19852006
Brentwood/Saltair—4,46811,61511,6254,77522,93327,70810,63119862000
Bundy/Olympic—4,20111,86030,0256,03040,05646,08618,9841991/19981994
Camden Medical Arts38,6823,10212,22129,7915,29839,81645,11418,8971972/19921995
Carthay Campus—6,59570,4547,6346,59478,08984,68324,0691965/20082014
Century Park Plaza173,00010,27570,761139,66216,153204,545220,69889,4921972/1987/20201999
Century Park West—3,71729,0993,0873,66732,23635,90313,42719712007
Columbus Center—2,09610,39611,0632,33321,22223,55510,01019872001
Coral Plaza—4,02815,01919,6985,36633,37938,74515,95919811998
Cornerstone Plaza—8,24580,6337,3028,26387,91796,18039,01319862007
Encino Gateway—8,47548,52553,08615,65394,433110,08645,0911974/19982000
Encino Plaza—5,29323,12551,2186,16573,47179,63636,1021971/19922000
Encino Terrace96,59212,53559,554100,70615,533157,262172,79575,79619861999
Executive Tower—6,66032,04557,9429,47187,17696,64742,05119891995

F- 40

Initial Cost · Cost Capitalized Subsequent to Acquisition · Gross Carrying Amount
Property NameEncumb-rancesLandBuilding & Improve-ments(1)Improve-ments(1)(2)LandBuilding & Improve-ments(1)(2)Total(3)Accumulated Depreciation & Amortization(2) (4)Year Built / RenovatedYear Acquired
Office Properties (continued)
First Financial Plaza54,07712,09281,1046,37412,09287,47899,57026,41719862015
Gateway Los Angeles—2,37615,30263,8335,11976,39281,51131,1151987/20221994
Harbor Court—5141,00155,95812,06084,95097,01037,78119942004
Landmark II—6,086109,25969,12913,070171,404184,47481,24919891997
Lincoln/Wilshire—3,83312,48426,5697,47535,41142,88614,35119962000
MB Plaza—4,53322,02433,3627,50352,41659,91925,5311971/19961998
Olympic Center52,0005,47322,85034,4868,24754,56262,80926,2881985/19961997
One Westwood—10,35029,78466,1449,19497,084106,27846,1881987/20041999
Palisades Promenade60,3185,25315,54753,9079,66465,04374,70732,13219901995
Saltair/San Vicente21,5335,0756,94618,0887,55722,55230,10911,2521964/19921997
San Vicente Plaza—7,05512,0356967,05512,73119,7866,31419852006
Santa Monica Square44,3775,36618,02521,6396,86338,16745,03018,4581983/20042001
Second Street Plaza—4,37715,27735,4787,42147,71155,13223,85119911997
Sherman Oaks Galleria300,00033,21317,820431,53148,328434,236482,564207,1351981/20021997
Studio Plaza(5)—9,34773,358115,14315,015182,833197,84889,4261988/20041995
The Tower67,0649,643160,6027,8359,643168,437178,08041,4301988/19982016
The Trillium(6)—20,688143,26395,65821,989237,620259,609105,9861988/20212005
Valley Executive Tower104,0008,44667,672112,70811,737177,089188,82683,85619841998
Valley Office Plaza—5,73124,32949,5768,95770,67979,63635,3001966/20021998
Verona—2,5747,11115,9355,11120,50925,6209,76019911997
Village on Canon56,4975,93311,38951,35313,30355,37268,67525,9421989/19951994
Warner Center Towers335,00043,110292,147411,39959,418687,238746,656328,8631982-1993/20042002
Warner Corporate Center34,67111,03565,7993,10111,03568,90079,93511,9821988/20152008
Westside Towers129,8528,50679,53280,37814,568153,848168,41672,93519851998
Westwood Center140,6489,512259,34122,6029,513281,942291,45570,7001965/20002016
Westwood Place71,0008,54244,41969,28011,448110,793122,24145,1821987/20231999
Multifamily Properties
555 Barrington50,0006,46127,63944,88014,90364,07778,98029,55019891999
1221 Ocean Avenue175,00022,086328,5453,72222,085332,268354,35328,3891971/20002022
Barrington Plaza(7)210,00028,56881,485146,38558,208198,230256,438173,5771963/19981998
Barrington/Kiowa13,9405,72010,0521,4325,72011,48417,2045,52319742006
Barry11,3706,4268,1799476,4269,12615,5524,52919732006
Kiowa5,4702,6053,2631,0332,6054,2966,9011,99419722006
Moanalua Hillside Apartments255,00024,791157,353129,29235,365276,071311,43684,7911968/2004/20192005
The Residences at Bishop Place110,000——185,435—185,435185,43521,7322020-20222004
Pacific Plaza78,00010,09116,15981,19127,81679,625107,44135,2411963/19981999
The Glendon160,00032,773335,92563532,773336,560369,33348,75220082019
The Landmark Los Angeles240,000——330,64413,070317,574330,64421,2652018-2022N/A
The Shores212,00020,80974,191213,97860,555248,423308,978111,7201965-67/20021999
Villas at Royal Kunia94,22042,88771,37618,31735,16397,417132,58050,7351990/19952006
Waena Apartments102,40026,864119,2731,92326,864121,196148,06032,0711970/2009-20142014

F- 41

Initial Cost · Cost Capitalized Subsequent to Acquisition · Gross Carrying Amount
Property Name · Encumb-rances · Land · Building & Improve-ments(1) · Improve-ments(1)(2) · Land · Building & Improve-ments(1)(2) · Total(3) · Accumulated Depreciation & Amortization(2) (4) · Year Built / Renovated · Year Acquired
Ground Lease
Owensmouth/Warner(6)—23,848—1,93823,8481,93825,786480N/A2006
Total Operating Properties$5,460,138$898,700$6,922,385$4,587,767$1,185,977$11,222,875$12,408,852$3,916,625
Property Under Development
Development Projects86,40086,40086,400N/AN/A
Total$5,460,138$898,700$6,922,385$4,674,167$1,185,977$11,309,275$12,495,252$3,916,625

(1)Includes tenant improvements and lease intangibles.

(2)Net of fully depreciated and amortized buildings, building improvements, tenant improvements and lease intangibles removed from our books.

(3)At December 31, 2024, the aggregate federal income tax cost basis for consolidated real estate was $8.88 billion (unaudited).

(4)See our depreciation and amortization policy in Note 2 to our consolidated financial statements.

(5)During 2024, following the move-out of a long-term single tenant, we have begun extensive redevelopment of the property to convert it into a multi-tenant building.

(6)The property includes a parcel of land from which we receive rent under a ground lease.

(7)During 2023, we removed our Barrington Plaza Apartments property in Los Angeles from the rental market. See Note 3, "Barrington Plaza", for more detail.

The table below presents a reconciliation of our investment in real estate:

(In thousands)Year Ended December 31,
202420232022
Investment in real estate, gross
Beginning balance$12,405,814$12,292,973$11,819,077
Property acquisitions——350,631
Improvements and developments203,596214,955223,315
Removal of fully depreciated and amortized buildings, building improvements, tenant improvements and lease intangibles(114,158)(102,114)(100,050)
Ending balance$12,495,252$12,405,814$12,292,973
Accumulated depreciation and amortization
Beginning balance$(3,652,630)$(3,299,365)$(3,028,645)
Depreciation and amortization(384,048)(459,949)(372,798)
Other accumulated depreciation and amortization5,8954,5702,028
Removal of fully depreciated and amortized buildings, building improvements, tenant improvements and lease intangibles114,158102,114100,050
Ending balance$(3,916,625)$(3,652,630)$(3,299,365)
Investment in real estate, net$8,578,627$8,753,184$8,993,608

F- 42

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.