Douglas Emmett Inc
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
View on SEC.govAbout 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.
FY2025 · Filed Feb 20, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Schedule III - Consolidated Real Estate and Accumulated Depreciation
| 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 |
| Office Properties | ||||||||||
| 100 Wilshire | $252,034 | $12,769 | $78,447 | $161,587 | $27,111 | $225,692 | $252,803 | $105,982 | 1968/2002/2019 | 1999 |
| 150 S Rodeo | 32,555 | 2,344 | 52,121 | 3,220 | 2,343 | 55,342 | 57,685 | 1,961 | 1991/2012 | 2011 |
| 233 Wilshire | 50,331 | 9,263 | 130,426 | 3,857 | 9,263 | 134,283 | 143,546 | 34,162 | 1975/2008-2009 | 2016 |
| 401 Wilshire | — | 9,989 | 29,187 | 131,504 | 21,787 | 148,893 | 170,680 | 70,005 | 1981/2000/2020 | 1996 |
| 429 Santa Monica | 25,662 | 4,949 | 72,534 | 3,813 | 4,949 | 76,347 | 81,296 | 19,669 | 1982/2016 | 2017 |
| 1132 Bishop Place | — | 8,317 | 105,651 | (57,107) | 8,833 | 48,028 | 56,861 | 26,853 | 1992 | 2004 |
| 1299 Ocean | 113,135 | 22,748 | 265,198 | 27,616 | 22,748 | 292,814 | 315,562 | 72,474 | 1980/2006/2020 | 2017 |
| 1901 Avenue of the Stars | 193,502 | 18,514 | 131,752 | 123,944 | 26,163 | 248,047 | 274,210 | 119,403 | 1968/2001 | 2001 |
| 2001 Wilshire | 31,592 | 5,711 | 81,622 | 7,794 | 5,711 | 89,416 | 95,127 | 15,822 | 1980/2013 | 2008 |
| 8383 Wilshire | 148,043 | 18,004 | 328,118 | 9,425 | 18,005 | 337,542 | 355,547 | 63,468 | 1971/2009 | 2008 |
| 8484 Wilshire | — | 8,846 | 77,780 | 21,548 | 8,846 | 99,328 | 108,174 | 34,936 | 1972/2013 | 2013 |
| 9100 Wilshire | 120,134 | 13,455 | 258,329 | 12,878 | 13,455 | 271,207 | 284,662 | 51,168 | 1971/2016 | 2008 |
| 9401 Wilshire | 25,795 | 6,740 | 152,310 | 21,148 | 6,740 | 173,458 | 180,198 | 41,089 | 1971/2020 | 2017 |
| 9601 Wilshire | — | 16,597 | 54,774 | 128,797 | 17,658 | 182,510 | 200,168 | 84,862 | 1962/2004 | 2001 |
| 9665 Wilshire | 81,126 | 5,568 | 177,072 | 20,679 | 5,568 | 197,751 | 203,319 | 45,959 | 1971/2020 | 2017 |
| 10880 Wilshire | 187,772 | 29,995 | 437,514 | 54,144 | 29,988 | 491,665 | 521,653 | 129,683 | 1970/2009/2020 | 2016 |
| 10900 Wilshire | 61,750 | 9,029 | 84,900 | (175) | 9,029 | 84,725 | 93,754 | 3,018 | 1981/2016 | 2025 |
| 10960 Wilshire | 189,456 | 45,844 | 429,769 | 19,304 | 45,852 | 449,065 | 494,917 | 124,928 | 1971/2006 | 2016 |
| 11777 San Vicente | 44,412 | 5,032 | 15,768 | 31,144 | 6,714 | 45,230 | 51,944 | 21,197 | 1974/1998 | 1999 |
| 12100 Wilshire | 54,746 | 20,164 | 208,755 | 9,602 | 20,164 | 218,357 | 238,521 | 58,535 | 1985 | 2016 |
| 12400 Wilshire | — | 5,013 | 34,283 | 77,087 | 8,828 | 107,555 | 116,383 | 52,284 | 1985 | 1996 |
| 15250 Ventura | 18,889 | 2,130 | 48,908 | 3,744 | 2,130 | 52,652 | 54,782 | 10,319 | 1970/2012 | 2008 |
| 16000 Ventura | 32,064 | 1,936 | 89,531 | 4,003 | 1,936 | 93,534 | 95,470 | 18,155 | 1980/2011 | 2008 |
| 16501 Ventura | 42,944 | 6,759 | 53,112 | 14,914 | 6,759 | 68,026 | 74,785 | 24,298 | 1986/2012 | 2013 |
| Beverly Hills Medical Center | 46,180 | 4,955 | 27,766 | 31,892 | 6,435 | 58,178 | 64,613 | 29,570 | 1964/2004 | 2004 |
| Bishop Square | 172,291 | 16,273 | 213,793 | 68,673 | 16,273 | 282,466 | 298,739 | 111,415 | 1972/1983 | 2010 |
| Brentwood Court | — | 2,564 | 8,872 | 992 | 2,563 | 9,865 | 12,428 | 5,228 | 1984 | 2006 |
| Brentwood Executive Plaza | — | 3,255 | 9,654 | 36,133 | 5,921 | 43,121 | 49,042 | 21,521 | 1983/1996 | 1995 |
| Brentwood Medical Plaza | — | 5,934 | 27,836 | 3,105 | 5,933 | 30,942 | 36,875 | 15,488 | 1975 | 2006 |
| Brentwood San Vicente Medical | — | 5,557 | 16,457 | 3,458 | 5,557 | 19,915 | 25,472 | 9,486 | 1957/1985 | 2006 |
| Brentwood/Saltair | — | 4,468 | 11,615 | 11,786 | 4,775 | 23,094 | 27,869 | 11,368 | 1986 | 2000 |
| Bundy/Olympic | — | 4,201 | 11,860 | 30,300 | 6,030 | 40,331 | 46,361 | 19,608 | 1991/1998 | 1994 |
| Camden Medical Arts | 38,682 | 3,102 | 12,221 | 30,569 | 5,298 | 40,594 | 45,892 | 20,045 | 1972/1992 | 1995 |
| Carthay Campus | — | 6,595 | 70,454 | 10,295 | 6,594 | 80,750 | 87,344 | 26,071 | 1965/2008 | 2014 |
| Century Park Plaza | 173,000 | 10,275 | 70,761 | 145,040 | 16,153 | 209,923 | 226,076 | 96,195 | 1972/1987/2020 | 1999 |
| Century Park West | — | 3,717 | 29,099 | 3,892 | 3,667 | 33,041 | 36,708 | 14,710 | 1971 | 2007 |
| Columbus Center | — | 2,096 | 10,396 | 11,189 | 2,333 | 21,348 | 23,681 | 10,778 | 1987 | 2001 |
| Coral Plaza | — | 4,028 | 15,019 | 19,652 | 5,366 | 33,333 | 38,699 | 16,486 | 1981 | 1998 |
| Cornerstone Plaza | — | 8,245 | 80,633 | 7,973 | 8,263 | 88,588 | 96,851 | 41,762 | 1986 | 2007 |
| Encino Gateway | — | 8,475 | 48,525 | 57,670 | 15,653 | 99,017 | 114,670 | 47,941 | 1974/1998 | 2000 |
| Encino Plaza | — | 5,293 | 23,125 | 48,938 | 6,165 | 71,191 | 77,356 | 36,077 | 1971/1992 | 2000 |
| Encino Terrace | 96,592 | 12,535 | 59,554 | 101,134 | 15,533 | 157,690 | 173,223 | 79,340 | 1986 | 1999 |
F- 40
| 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 |
| Office Properties (continued) | ||||||||||
| Executive Tower | — | 6,660 | 32,045 | 58,240 | 9,471 | 87,474 | 96,945 | 44,376 | 1989 | 1995 |
| First Financial Plaza | 54,077 | 12,092 | 81,104 | 7,147 | 12,092 | 88,251 | 100,343 | 28,584 | 1986 | 2015 |
| Gateway Los Angeles | — | 2,376 | 15,302 | 63,355 | 5,119 | 75,914 | 81,033 | 32,564 | 1987/2022 | 1994 |
| Harbor Court | 27,709 | 51 | 41,001 | 55,486 | 12,060 | 84,478 | 96,538 | 38,948 | 1994 | 2004 |
| Landmark II | — | 6,086 | 109,259 | 73,459 | 13,070 | 175,734 | 188,804 | 82,022 | 1989 | 1997 |
| Lincoln/Wilshire | — | 3,833 | 12,484 | 26,583 | 7,475 | 35,425 | 42,900 | 15,549 | 1996 | 2000 |
| MB Plaza | — | 4,533 | 22,024 | 33,745 | 7,503 | 52,799 | 60,302 | 27,006 | 1971/1996 | 1998 |
| Olympic Center | 52,000 | 5,473 | 22,850 | 34,872 | 8,247 | 54,948 | 63,195 | 27,649 | 1985/1996 | 1997 |
| One Westwood | — | 10,350 | 29,784 | 64,416 | 9,194 | 95,356 | 104,550 | 47,355 | 1987/2004 | 1999 |
| Palisades Promenade | 60,318 | 5,253 | 15,547 | 52,987 | 9,664 | 64,123 | 73,787 | 32,915 | 1990 | 1995 |
| Saltair/San Vicente | 21,533 | 5,075 | 6,946 | 17,741 | 7,557 | 22,205 | 29,762 | 11,478 | 1964/1992 | 1997 |
| San Vicente Plaza | — | 7,055 | 12,035 | 796 | 7,055 | 12,831 | 19,886 | 6,692 | 1985 | 2006 |
| Santa Monica Square | 44,377 | 5,366 | 18,025 | 21,711 | 6,863 | 38,239 | 45,102 | 19,631 | 1983/2004 | 2001 |
| Second Street Plaza | — | 4,377 | 15,277 | 35,186 | 7,421 | 47,419 | 54,840 | 23,877 | 1991 | 1997 |
| Sherman Oaks Galleria | 300,000 | 33,213 | 17,820 | 425,879 | 48,328 | 428,584 | 476,912 | 213,428 | 1981/2002 | 1997 |
| Studio Plaza(5) | — | 9,347 | 73,358 | 119,525 | 15,015 | 187,215 | 202,230 | 83,386 | 1988/2004 | 1995 |
| The Tower | 60,626 | 9,643 | 160,602 | 8,164 | 9,643 | 168,766 | 178,409 | 45,526 | 1988/1998 | 2016 |
| The Trillium(6) | — | 20,688 | 143,263 | 96,918 | 21,989 | 238,880 | 260,869 | 112,979 | 1988/2021 | 2005 |
| Valley Executive Tower | 104,000 | 8,446 | 67,672 | 113,019 | 11,737 | 177,400 | 189,137 | 89,982 | 1984 | 1998 |
| Valley Office Plaza | — | 5,731 | 24,329 | 49,868 | 8,957 | 70,971 | 79,928 | 37,540 | 1966/2002 | 1998 |
| Verona | — | 2,574 | 7,111 | 15,813 | 5,111 | 20,387 | 25,498 | 10,237 | 1991 | 1997 |
| Village on Canon | 56,497 | 5,933 | 11,389 | 51,843 | 13,303 | 55,862 | 69,165 | 27,562 | 1989/1995 | 1994 |
| Warner Center Towers | 336,639 | 43,110 | 292,147 | 414,274 | 59,418 | 690,113 | 749,531 | 345,791 | 1982-1993/2004 | 2002 |
| Warner Corporate Center | 29,278 | 11,035 | 65,799 | 4,994 | 11,035 | 70,793 | 81,828 | 13,759 | 1988/2015 | 2008 |
| Westside Towers | 129,852 | 8,506 | 79,532 | 80,859 | 14,568 | 154,329 | 168,897 | 77,539 | 1985 | 1998 |
| Westwood Center | 127,146 | 9,512 | 259,341 | 23,220 | 9,513 | 282,560 | 292,073 | 77,456 | 1965/2000 | 2016 |
| Westwood Place | 71,000 | 8,542 | 44,419 | 70,268 | 11,448 | 111,781 | 123,229 | 48,773 | 1987/2023 | 1999 |
| Wilshire Bundy Plaza | 82,445 | 1,942 | 113,696 | (438) | 1,942 | 113,258 | 115,200 | 4,151 | 1984/1998 | 2010 |
| Multifamily Properties | ||||||||||
| 555 Barrington | 69,022 | 6,461 | 27,639 | 46,071 | 14,903 | 65,268 | 80,171 | 31,352 | 1989 | 1999 |
| 1221 Ocean Avenue | 175,000 | 22,086 | 328,545 | 6,194 | 22,085 | 334,740 | 356,825 | 36,948 | 1971/2000 | 2022 |
| Barrington/Kiowa | 16,358 | 5,720 | 10,052 | 1,559 | 5,720 | 11,611 | 17,331 | 5,914 | 1974 | 2006 |
| Barry | 11,261 | 6,426 | 8,179 | 1,066 | 6,426 | 9,245 | 15,671 | 4,802 | 1973 | 2006 |
| Kiowa | 5,781 | 2,605 | 3,263 | 1,064 | 2,605 | 4,327 | 6,932 | 2,137 | 1972 | 2006 |
| Moanalua Hillside Apartments | 328,264 | 24,791 | 157,353 | 130,749 | 35,365 | 277,528 | 312,893 | 92,468 | 1968/2004/2019 | 2005 |
| The Residences at Bishop Place | 110,000 | — | — | 189,954 | — | 189,954 | 189,954 | 29,703 | 2020-2022 | 2004 |
| Pacific Plaza | 96,460 | 10,091 | 16,159 | 82,351 | 27,816 | 80,785 | 108,601 | 37,417 | 1963/1998 | 1999 |
| The Glendon | 160,000 | 32,773 | 335,925 | 1,558 | 32,773 | 337,483 | 370,256 | 57,508 | 2008 | 2019 |
| The Landmark Los Angeles | 240,000 | — | — | 331,139 | 13,070 | 318,069 | 331,139 | 30,798 | 2018-2022 | N/A |
| The Landmark Residences(7) | 49,506 | 28,568 | 81,485 | 6,244 | 58,208 | 58,089 | 116,297 | 48,183 | 1963/1998 | 1998 |
| The Shores | 270,855 | 20,809 | 74,191 | 219,637 | 60,555 | 254,082 | 314,637 | 118,106 | 1965-67/2002 | 1999 |
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 |
| Multifamily Properties (continued) | ||||||||||
| Villas at Royal Kunia | 143,476 | 42,887 | 71,376 | 18,602 | 35,163 | 97,702 | 132,865 | 53,062 | 1990/1995 | 2006 |
| Waena Apartments | 127,200 | 26,864 | 119,273 | 2,138 | 26,864 | 121,411 | 148,275 | 35,247 | 1970/2009-2014 | 2014 |
| Ground Lease | ||||||||||
| Owensmouth/Warner(6) | — | 23,848 | — | 1,978 | 23,848 | 1,978 | 25,826 | 977 | N/A | 2006 |
| Total Operating Properties | $5,593,367 | $912,015 | $7,173,102 | $4,517,395 | $1,199,291 | $11,403,221 | $12,602,512 | $4,054,696 | ||
| Property Under Development | ||||||||||
| Development Projects | — | — | — | 195,535 | — | 195,535 | 195,535 | — | N/A | N/A |
| Total | $5,593,367 | $912,015 | $7,173,102 | $4,712,930 | $1,199,291 | $11,598,756 | $12,798,047 | $4,054,696 | ||
(1)Includes tenant improvements and lease intangibles.
(2)Net of: (i) fully depreciated and amortized buildings, building improvements, tenant improvements and lease intangibles removed from our books and (ii) balances transferred to Property Under Development.
(3)At December 31, 2025, the aggregate federal income tax cost basis for consolidated real estate was $9.23 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 converted the property into a multi-tenant building. The construction of new tenant suites is ongoing. Development balances related to the conversion project are included in "Development Projects" in "Property Under Development" in Schedule III above.
(6)The property includes a parcel of land from which we receive rent under a ground lease.
(7)During 2023, we removed The Landmark Residences (formerly Barrington Plaza) residential property from the rental market. A reconstruction of the property is currently underway. Development balances related to the reconstruction project are included in "Development Projects" in "Property Under Development" in Schedule III above.
The table below presents a reconciliation of our investment in real estate:
| (In thousands) | Year Ended December 31, | ||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Investment in real estate, gross | |||
| Beginning balance | $12,495,252 | $12,405,814 | $12,292,973 |
| Property acquisitions | 93,929 | — | — |
| Consolidation of JV | 170,103 | — | — |
| Improvements and developments | 292,223 | 203,596 | 214,955 |
| Removal of fully depreciated and amortized buildings, building improvements, tenant improvements and lease intangibles | (253,460) | (114,158) | (102,114) |
| Ending balance | $12,798,047 | $12,495,252 | $12,405,814 |
| Accumulated depreciation and amortization | |||
| Beginning balance | $(3,916,625) | $(3,652,630) | $(3,299,365) |
| Depreciation and amortization | (398,932) | (384,048) | (459,949) |
| Other accumulated depreciation and amortization | 7,401 | 5,895 | 4,570 |
| Removal of fully depreciated and amortized buildings, building improvements, tenant improvements and lease intangibles | 253,460 | 114,158 | 102,114 |
| Ending balance | $(4,054,696) | $(3,916,625) | $(3,652,630) |
| Investment in real estate, net | $8,743,351 | $8,578,627 | $8,753,184 |
F- 42
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.