7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-10-31 
      
    		                                                                           
      operating activities
    		                                                                           
      net income
    		-21,195,000 -15,063,000 44,579,000 -7,514,000 -260,000 9,231,000 6,131,000 -55,908,000 -21,025,000 -15,069,000 16,162,000 25,231,000 21,213,000 23,837,000 26,259,000 18,815,000 15,746,000 13,982,000 7,588,000 16,170,000 -1,859,000 -5,472,000 29,714,000 322,629,000 23,421,000 39,860,000 32,788,000 23,532,000 35,416,000 37,033,000 32,631,000 31,986,000 28,508,000 22,153,000 21,780,000 22,466,000 35,798,000 21,780,000 16,046,000 16,606,000 14,159,000 15,894,000 22,096,000 12,798,000 8,681,000 15,917,000 15,458,000 10,504,000 12,743,000 14,978,000 14,612,000 6,228,000 8,075,000 6,702,000 4,408,000 4,404,000 -6,209,000 -345,000  -4,743,000 -11,305,000 -10,469,000 -11,277,000 -11,112,000 -9,518,000 -2,250,000 21,596,007 -9,696,000 -9,428,000 -2,500,000 -5,690,000 -2,785,000 -1,260,000 -3,273,000 -12,706,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                           
      income from unconsolidated fund
    		    -664,000    -290,000 -598,000 -289,000 -303,000 -356,000 -318,000 -247,000  -260,000 -286,000 -167,000                                                         
      gain from consolidation of jv
    		0 0 -47,212,000                                                                         
      depreciation and amortization
    		101,203,000 101,719,000 97,840,000 95,607,000 97,180,000 95,492,000 95,769,000 123,178,000 122,022,000 121,573,000 93,176,000 93,210,000 96,276,000 93,947,000 89,365,000 91,488,000 93,104,000 93,900,000 92,797,000 93,754,000 94,952,000 98,765,000 97,777,000 108,867,000 90,279,000 78,724,000 79,873,000 89,920,000 74,067,000 73,379,000 72,498,000 70,620,000 69,974,000 68,793,000 67,374,000 66,967,000 63,827,000 62,568,000 55,552,000 52,024,000 52,229,000 51,246,000 49,834,000 51,263,000 50,111,000 50,939,000 50,199,000 49,823,000 47,413,000 48,091,000 46,024,000 46,546,000 46,728,000 45,797,000 45,557,000 45,872,000 57,114,000 57,153,000 57,156,000 57,621,000 54,921,000 55,332,000 54,288,000 55,529,000 55,729,000 61,074,000 -183,969,989 63,611,000 63,858,000 56,749,000 57,349,000 50,629,000 50,494,000 51,121,000  
      net accretion of acquired lease intangibles
    		-1,060,000 -1,159,000 -1,463,000 -1,761,000 -1,936,000 -1,983,000 -2,343,000 -2,805,000 -2,461,000 -2,658,000 -3,037,000 -3,205,000 -3,343,000 -2,910,000 -1,797,000 -1,873,000 -2,163,000 -2,391,000 -3,114,000 -3,342,000 -3,965,000 -4,315,000 -4,256,000 -3,745,000 -4,003,000 -4,396,000 -4,120,000 -4,782,000 -4,948,000 -6,143,000 -6,152,000 -4,716,000 -4,814,000 -4,284,000 -4,192,000 -4,783,000 -5,101,000 -5,010,000 -3,304,000 -3,294,000 -2,866,000 -3,140,000 -9,800,000 -5,578,000 -3,412,000 -3,543,000 -3,551,000 -3,723,000 -3,948,000 -3,968,000 -4,054,000 -4,627,000   -4,729,000 -5,056,000 -5,319,000 -5,362,000 -5,829,000 -6,504,000 -6,637,000 -7,290,000 -6,998,000 -7,530,000 -7,839,000 -10,101,000 32,287,095 -10,640,000 -11,492,000 -10,198,000 -10,630,000 -9,996,000 -10,074,000 -9,863,000  
      straight-line rent
    		-1,774,000 -956,000 -1,835,000 -707,000 -598,000 -1,145,000 202,000 1,665,000 -1,200,000 -933,000 126,000 1,049,000 -79,000 -912,000 111,000 1,268,000 677,000 -259,000 -635,000 672,000 1,303,000 15,352,000 1,406,000 -836,000 -2,614,000 -2,315,000 -4,369,000 -6,098,000 -3,524,000 -4,019,000 -5,172,000 -3,843,000 -2,982,000 -2,442,000 -3,588,000 -2,684,000 -3,279,000 -4,717,000 -2,919,000 -373,000                                    
      loan premium/discount amortized/accreted and written off
    		85,000 83,000 83,000                                                                         
      deferred loan costs amortized and written off
    		3,396,000 2,567,000 2,457,000 2,524,000 2,396,000 2,206,000 2,209,000 2,235,000 2,261,000 2,228,000 2,134,000 2,035,000 1,928,000 1,968,000 2,012,000 2,771,000 3,939,000 2,171,000 2,021,000 2,019,000 2,022,000 1,915,000 1,876,000 3,711,000 6,223,000 2,463,000 1,917,000 2,007,000 2,006,000 1,970,000 2,309,000                                             
      amortization of stock-based compensation
    		2,386,000 2,409,000 2,730,000 13,470,000 2,276,000 2,429,000 2,863,000 12,281,000 2,327,000 2,432,000 2,794,000 13,869,000 2,266,000 2,309,000 2,581,000 13,529,000 2,317,000 2,347,000 2,694,000 13,001,000 2,611,000 2,812,000 2,941,000 10,964,000 2,382,000 2,383,000 2,630,000 13,420,000 2,915,000 2,913,000 3,051,000 10,568,000 2,599,000 2,603,000 2,708,000 10,371,000 2,338,000 2,360,000 2,379,000                                     
      operating distributions from unconsolidated fund
    		   325,000 326,000 325,000 248,000 331,000 343,000 325,000 289,000 303,000 363,000 314,000 244,000  259,000 286,000 164,000                                                         
      change in working capital components:
    		                                                                           
      tenant receivables
    		-1,464,000 2,006,000 472,000 129,000 971,000 441,000 313,000 2,459,000 1,662,000 -5,399,000 2,061,000 2,092,000 1,016,000 229,000 2,911,000 -141,000 2,636,000 2,416,000 188,000 535,000 15,506,000 -25,491,000 -2,195,000   1,761,000 -2,598,000 80,000 -2,009,000 -34,000 -1,582,000 -391,000 38,000 352,000 -1,220,000 771,000 36,000 953,000 -2,440,000 61,000 428,000 -934,000 458,000 42,000 -194,000 231,000 -1,000 -166,000 -42,000 -214,000 -7,000 628,000 -489,000 227,000 -164,000 -268,000 653,000 -352,000 330,000 -665,000 -287,000 1,388,000 -311,000 -315,000 204,000 864,000 -268,242 -135,000 -301,000 703,000 -137,000 63,000 3,058,000 245,000  
      interest payable, accounts payable and deferred revenue
    		31,235,000 -21,744,000 31,574,000 -31,623,000 26,837,000 -22,163,000 26,945,000 -35,029,000 28,757,000 -15,656,000 28,176,000 -33,224,000 29,388,000 -12,497,000 14,934,000 -26,652,000 21,371,000 -21,759,000 24,198,000 -31,803,000 27,549,000 -14,976,000 24,787,000 -27,128,000 22,506,000 -27,591,000 25,369,000 -20,973,000 17,375,000 -11,970,000 16,944,000 -15,168,000 23,392,000 -5,923,000 22,641,000 -26,677,000 24,934,000 -5,989,000 18,444,000 -10,032,000 11,456,000 -6,586,000 9,719,000 -18,562,000 20,344,000                               
      security deposits
    		1,769,000 143,000 267,000 -318,000 -20,000 359,000 470,000 -445,000 72,000 604,000 298,000 324,000 1,889,000 1,558,000 1,061,000 1,458,000 573,000 -215,000 -2,778,000 -1,121,000 -1,051,000 -1,937,000 -567,000 1,614,000 -196,000 432,000 69,000 -40,000 264,000 566,000 -471,000 1,615,000 417,000 2,229,000 163,000 -154,000 2,389,000 741,000 4,331,000 620,000 654,000 968,000 -1,009,000 1,209,000 150,000 519,000 102,000 60,000 -75,000 915,000 286,000 149,000 -127,000 246,000 290,000 669,000 666,000 479,000 -469,000 -19,000                
      other assets
    		-4,812,000 11,286,000 3,144,000 4,830,000 -22,753,000 7,933,000 6,306,000 11,089,000 -40,244,000 9,515,000 3,697,000 13,954,000 -24,266,000 8,610,000 2,149,000 6,821,000 -20,339,000 6,717,000 2,201,000 -6,680,000 -896,000 4,038,000 475,000 2,558,000 -7,250,000 6,105,000 -707,000 3,536,000 -5,778,000 4,975,000 1,921,000 -905,000 -9,043,000 4,623,000 -219,000 5,952,000 -9,243,000 4,099,000 965,000 2,908,000 -7,868,000 3,359,000 1,425,000 9,870,000 -8,711,000 112,000 -1,212,000                 -3,698,000            
      net cash from operating activities
    		109,769,000 81,291,000 132,636,000 74,103,000 103,702,000 91,864,000 139,024,000 94,755,000 90,486,000 96,249,000 145,474,000 115,219,000 126,179,000 116,020,000 139,470,000 107,369,000 117,744,000 96,794,000 125,044,000 63,489,000 119,920,000 83,299,000 153,510,000 110,618,000 130,792,000 95,687,000 132,489,000 101,139,000 115,963,000 98,263,000 117,617,000 94,015,000 110,080,000 91,050,000 107,552,000 73,786,000 98,892,000 76,930,000 89,841,000 65,776,000 69,456,000 63,269,000 72,926,000 52,006,000 67,907,000 53,367,000 73,435,000 53,249,000 67,703,000 51,126,000 71,895,000 56,007,000 49,614,000 60,021,000 45,263,000 53,477,000 47,925,000 61,173,000 52,278,000 53,002,000 34,877,000 48,718,000 35,687,000 48,992,000 40,752,000 54,912,000 -136,635,169 46,039,000 36,736,000 54,043,000 30,533,000 45,059,000 36,624,000 42,589,000 -87,043,000 
      investing activities
    		                                                                           
      capital expenditures for improvements to real estate
    		-47,839,000 -51,135,000 -42,311,000 -39,093,000 -40,466,000 -39,651,000 -48,127,000 -44,315,000 -53,539,000 -51,272,000 -40,031,000 -50,869,000 -40,884,000 -42,067,000 -28,544,000 -24,636,000 -30,001,000 -29,557,000 -24,305,000 -37,862,000 -31,432,000 -41,621,000 -32,530,000 -48,273,000 -44,231,000 -37,446,000 -46,498,000 -63,099,000 -42,836,000 -47,868,000 -25,259,000 -28,224,000 -28,732,000 -26,090,000 -25,280,000 -34,055,000 -22,588,000 -19,627,000 -15,556,000 -22,708,000 -15,243,000 -17,064,000 -20,526,000 -21,166,000 -19,598,000 -22,708,000 -20,972,000 -17,548,000 -14,187,000                           
      capital expenditures for developments
    		-36,238,000 -21,970,000 -17,510,000  -6,840,000 -10,049,000 -9,678,000 -4,183,000 -7,458,000 -17,886,000 -11,953,000 -14,992,000 -14,902,000 -25,144,000 -20,716,000 -32,388,000 -46,352,000 -50,646,000 -55,206,000 -60,134,000 -40,239,000 -27,897,000 -25,883,000 -16,904,000 -14,429,000 -12,762,000 -17,565,000 -19,952,000 -22,033,000 -15,456,000 -11,018,000 -20,875,000 -18,497,000 -13,741,000 -9,905,000 -9,085,000 -12,668,000 -4,555,000 -1,412,000 -1,084,000 -562,000 -1,407,000 -667,000 -1,160,000                                
      insurance recoveries for damage to real estate
    		293,000 1,878,000 284,000 315,000 916,000 1,867,000 475,000 495,000 547,000 610,000 529,000 1,442,000 3,168,000 321,000 785,000 146,000 1,598,000   13,105,000 0                   0    2,270,000 0 3,536,000 700,000                             
      cash and cash equivalents assumed from consolidation of jv
    		0 0 25,589,000                                                                         
      acquisition of additional interest in unconsolidated fund
    		   0 0 0 -5,214,000                                                                     
      capital distributions from unconsolidated fund
    		   72,000 50,000 51,000 96,000 0 11,000 17,000 52,000 465,000 432,000 491,000 531,000  523,000 62,000 194,000                                                         
      net cash from investing activities
    		-83,784,000 -71,227,000 -33,948,000 -84,191,000 -46,340,000 -47,782,000 -62,448,000 -53,217,000 -60,439,000 -68,531,000 -51,403,000 -63,954,000 -52,186,000 -371,869,000 -72,944,000 -56,315,000 -74,232,000 -78,844,000 -79,317,000 -63,881,000 -71,335,000 -65,174,000 -64,785,000 -110,601,000 -56,623,000 -420,606,000 -61,838,000 -81,568,000 -72,156,000 -61,503,000 -34,324,000 -54,420,000 -213,527,000 -343,870,000 -57,778,000 -40,942,000 -282,219,000 214,937,000 -1,257,945,000 -93,889,000 -13,777,000 -16,191,000 -107,732,000 -236,870,000 -22,152,000 -16,214,000 -44,729,000 -14,572,000 -72,640,000 -128,410,000 -31,394,000 -13,253,000   -14,821,000 -12,556,000 -21,521,000 -11,058,000 -28,805,000 -17,899,000 -246,731,000 -11,176,000 -10,885,000 -9,927,000 -10,238,000 -17,726,000 656,073,377 -14,008,000 -15,647,000 -627,103,000 -100,226,000 -14,029,000 -45,078,000 -13,471,000  
      financing activities
    		                                                                           
      proceeds from borrowings
    		1,141,477,000 2,050,000 127,200,000     0 390,000,000 105,000,000 10,000,000 15,000,000 10,000,000   300,000,000 625,000,000 370,000,000 50,000,000 85,000,000 45,000,000 514,000,000 30,000,000 402,443,000 950,239,000 760,000,000 72,318,000 70,000,000 62,000,000 50,000,000 485,000,000 400,000,000 77,500,000 845,000,000 88,000,000 520,000,000 215,000,000 474,500,000 900,000,000 515,000,000 437,000,000 560,000,000 102,400,000                        -1,508,861,725 457,725,000 218,850,000 833,850,000 155,050,000 -35,700,000 254,000,000 31,500,000 514,000,000 
      repayment of borrowings
    		-1,131,371,000 -71,150,000 -102,632,000 -400,230,000 -34,226,000 -224,000 -222,000 -220,000 -110,216,000 -35,214,000 -10,212,000 -15,209,000 -10,207,000 -45,205,000 -202,000 -300,200,000 -580,198,000 -175,196,000 -20,193,000 -50,191,000 -5,189,000 -464,187,000 -30,185,000 -362,626,000 -1,075,419,000 -580,178,000 -77,495,000 -60,175,000 -48,172,000 -44,171,000 -502,808,000 -367,599,000 -344,876,000 -917,924,000 -68,145,000 -549,424,000 -92,645,000 -662,317,000 -31,194,000 -354,949,000 -517,303,000 -509,052,000 -34,224,000 -81,920,000 -10,000,000 -430,000 -20,500,000 -150,000,000 0 0 -90,000,000 -100,000,000   0 -926,644,000 0 -853,260,000     0 0 0 -106,665,000 857,453,600 -474,800,000 -178,600,000 -205,000,000 -51,700,000 72,500,000 -104,000,000 -41,500,000  
      loan cost payments
    		-15,518,000 -6,058,000 -3,219,000 -3,717,000 -1,391,000 -14,000 -526,000 -591,000 -4,914,000 -68,000 -696,000 -412,000 54,000 -1,573,000 -101,000 -2,569,000 -5,924,000 -3,218,000 -686,000 -7,000 -15,000 -3,577,000 -247,000 -4,793,000 -9,930,000 -5,176,000 -1,449,000 -28,000 -40,000 -139,000 -2,785,000 -4,269,000 -284,000 -6,804,000 -85,000 -6,347,000                                        
      contributions from noncontrolling interests in consolidated jvs
    		0       0 0 0 125,000 0 0           0 0       0 96,000,000 187,998,000 250,000                                         
      distributions paid to noncontrolling interests
    		-7,085,000 -7,112,000 -7,103,000 -6,742,000 -6,746,000 -7,645,000 -10,457,000 -10,156,000 -10,145,000 -10,148,000 -10,140,000 -13,593,000 -14,649,000 -15,334,000 -15,393,000 -13,731,000 -13,719,000 -13,745,000 -13,724,000 -15,148,000 -13,430,000 -13,448,000 -18,366,000 -17,278,000 -15,726,000 -15,770,000 -15,760,000 -13,020,000 -13,008,000 -13,029,000 -13,085,000 -9,419,000 -9,480,000 -9,570,000 -9,632,000                                         
      dividends paid to common stockholders
    		-31,815,000 -31,814,000 -31,813,000 -31,810,000 -31,805,000 -31,800,000 -31,770,000 -31,680,000 -31,680,000 -33,132,000 -33,403,000 -49,221,000 -49,220,000 -49,216,000 -49,148,000 -49,136,000 -49,132,000 -49,131,000 -49,130,000 -49,105,000 -49,105,000 -49,216,000 -48,907,000 -45,591,000 -45,558,000 -44,255,000 -44,263,000 -42,483,000 -42,480,000 -42,477,000 -42,391,000 -38,981,000 -36,970,000 -35,223,000 -34,852,000                                         
      repurchases of op units
    		-79,000 -187,000 -48,000 -17,000 -105,000 -10,000 -6,000 -2,039,000 -46,000 -232,000 -89,000                                                                 
      net cash from financing activities
    		-44,391,000 -108,871,000 -17,615,000 -89,516,000 -74,273,000 -39,693,000 -42,981,000 -44,686,000 232,999,000 -66,513,000 -60,929,000 -63,436,000 -64,028,000 189,618,000 -65,157,000 -65,643,000 -23,983,000 128,710,000 -33,838,000 -29,451,000 -22,739,000 -16,428,000 -67,712,000 -27,844,000 -196,621,000 479,159,000 -67,156,000  -41,836,000 -49,925,000 -76,382,000 -30,692,000 98,038,000 340,438,000 -77,168,000 -78,332,000 264,576,000 -286,892,000 1,138,497,000 119,981,000 -120,279,000 10,813,000 32,622,000 191,220,000 -46,073,000 -36,788,000 -60,492,000 -143,282,000 -30,665,000 -30,938,000 -121,069,000 164,245,000   26,928,000 -23,453,000 -2,801,000 -13,998,000 -32,735,000 225,329,000 138,803,000 -15,982,000 -15,896,000 -18,492,000 -17,080,000 -16,014,000 -515,747,396 -32,640,000 -22,818,000 571,710,000 73,487,000 -94,942,000 70,565,000 -29,804,000 1,703,000,000 
      increase in cash and cash equivalents and restricted cash
    		-18,406,000 -98,807,000 81,073,000 -99,604,000 -16,911,000 4,389,000 33,595,000 -3,148,000   33,142,000 -12,171,000 9,965,000 -66,231,000 1,369,000 -14,589,000 19,529,000 146,660,000 11,889,000 -29,843,000 25,846,000 1,697,000 21,013,000 -27,827,000 -122,452,000 154,240,000 3,495,000  1,971,000 -13,165,000 6,911,000                                             
      cash and cash equivalents and restricted cash - beginning balance
    		0 0 444,652,000 0 0 0 523,183,000 0 0 0 268,938,000 0 0 0 336,006,000 0 0 0 172,517,000 0 0 0 153,804,000 0 0 0 146,348,000 0 0 0 176,766,000                                             
      cash and cash equivalents and restricted cash - ending balance
    		-18,406,000 -98,807,000 525,725,000 -99,604,000 -16,911,000 4,389,000 556,778,000 -3,148,000 263,046,000 -38,795,000 302,080,000 -12,171,000 9,965,000 -66,231,000 337,375,000 -14,589,000 19,529,000 146,660,000 184,406,000 -29,843,000 25,846,000 1,697,000 174,817,000 -27,827,000 -122,452,000 154,240,000 149,843,000 -26,135,000 1,971,000 -13,165,000 183,677,000                                             
      statement continues on the next page.
    		                                                                           
      (income) income from unconsolidated fund
    		                                                                           
      loan premium amortized and written off
    		   -51,000 -53,000 -114,000 -115,000 -116,000 -116,000 -115,000 -113,000 -116,000 -116,000 -115,000 -113,000 -116,000 -116,000 -115,000 -113,000 -116,000 -115,000                                                       
      purchase of interest rate caps
    		       0    0 0                                                               
      capital expenditures for developments and purchase of note receivable secured by real estate
    		                                                                           
      property acquisition
    		           0 0            -1,351,000                0 0 -89,906,000                                 
      proceeds from sale of interest rate cap
    		           0 0                                                               
      repurchases of common stock
    		       0 0 -92,719,000 -16,514,000                                                                 
      reconciliation of ending cash balance
    		                                                                           
      cash and cash equivalents
    		                                                                           
      restricted cash
    		                                                                           
      cash and cash equivalents and restricted cash
    		                                                                           
      loss (income) from unconsolidated fund
    		      26,000                                                                     
      decrease in cash and cash equivalents and restricted cash
    		                                                                           
      deposit for property acquisition
    		              -25,000,000                                                             
      gain from insurance recoveries for damage to real estate
    		                                       0                                    
      gain on sale of investment in real estate
    		                                                                           
      proceeds from sale of investment in real estate
    		                                                                           
      acquisition of additional interests in unconsolidated fund
    		                    0 0 -6,591,000                                                     
      repurchase of op units
    		           -1,000 -6,000 -17,000 -313,000 -7,000 -10,000 0 -105,000 0 0 0 -7,000 0 -227,000 0 -507,000 0 0       0 0                                       
      income from unconsolidated funds
    		                   -102,000 -145,000 140,000 -323,000                                                     
      operating distributions from unconsolidated funds
    		                   0 0 0 394,000 1,231,000                                                    
      cash assumed from consolidation of jv
    		                                                                           
      acquisition of additional interests in unconsolidated funds
    		                       -83,236,000                                                    
      capital distributions from unconsolidated funds
    		                   352,000 336,000 329,000 219,000 2,000                                                    
      proceeds from issuance of common stock
    		                       1,000 0       -103,000 316,311,000   0                                        
      cash and cash equivalents - ending balance
    		                                                                           
      restricted cash - ending balance
    		                                                                           
      taxes paid on exercise of stock options
    		                           0 -136,000 -1,000 -313,000 -217,000 -163,000 0 -52,704,000 -24,000 -1,018,000                                       
      write-off of uncollectible amounts
    		                     14,296,000 1,696,000 4,845,000                                                    
      derivative non-cash adjustments
    		                                                                           
      amortization of loan premium
    		                      -215,000 -108,000 -51,000 -51,000 -51,000 -52,000 -51,000 -51,000 -51,000                     0   -341,000 -3,081,000 -854,000 -4,797,000 -1,361,000 -1,341,000 -1,322,000 -1,302,000 -1,284,000 -1,266,000 -1,247,000 -1,229,000 3,525,258 -1,194,000 -1,176,000 -1,160,000 -1,144,000 -1,126,000 -1,110,000 -1,095,000  
      property acquisitions
    		                               -5,345,000 -178,301,000   1,000 -362,247,000 0 -1,257,513,000         0 -61,000,000                           
      income, including depreciation, from unconsolidated funds
    		                                                                           
      income, including depreciation, from unconsolidated real estate funds
    		                         -2,207,000 -1,551,000 -1,878,000 -1,348,000 -1,668,000 -1,506,000 -1,478,000 -1,137,000 -1,113,000 -2,177,000 -2,248,000 -2,334,000 -1,644,000 -1,586,000 -4,146,000 -898,000 -1,207,000 -1,443,000  -665,000 -947,000 -1,113,000                             
      increase in the allowance for doubtful accounts
    		                         -1,679,000 1,688,000 589,000 230,000 -356,000 1,691,000     -768,000 74,000 437,000 679,000 68,000 -95,000 172,000 78,000                                 
      derivative non-cash market value adjustments
    		                                                                           
      operating distributions from unconsolidated real estate funds
    		                         2,205,000 1,551,000 1,878,000 1,348,000 1,668,000 1,506,000 1,478,000 1,137,000 1,113,000 2,177,000 1,312,000 463,000 518,000 375,000 306,000 227,000 249,000 286,000 249,000 177,000 233,000 250,000    177,000                         
      acquisition of additional interests in unconsolidated real estate funds
    		                           0                                                
      capital distributions from unconsolidated real estate funds
    		                         1,644,000 2,225,000 1,483,000 2,092,000 1,821,000 1,953,000 1,595,000 2,003,000 38,555,000 1,407,000 2,197,000 3,134,000 3,066,000 15,773,000 5,077,000 1,658,000 1,993,000 2,060,000        1,142,000                         
      gains on sales of investments in real estate
    		                                   0                                        
      non-cash market value adjustments on interest rate contracts
    		                               13,000 13,000 12,000 13,000         0 7,000 22,000 21,000 21,000 23,000 20,000 24,000 1,164,000 3,354,000 4,412,000 1,835,000 2,560,000 6,064,000 6,038,000 5,045,000 3,111,000 4,783,000 4,671,000 5,091,000   4,964,000  5,569,000 5,539,000 1,800,000      
      proceeds from sale of investments in real estate
    		                                                                           
      loan payments received from related parties
    		                                   0 0 0 763,000                                     
      net cash from financing activities and restricted cash
    		                                                                           
      increase in cash and cash equivalents
    		                               8,903,000 -5,409,000   -45,488,000 81,249,000               206,999,000   57,370,000 17,468,000 23,603,000 36,117,000 -9,262,000 260,432,000 -73,051,000 21,560,000 8,906,000 20,573,000 13,434,000 21,172,000      -63,912,000 62,111,000 -686,000  
      deposits for property acquisitions
    		                                 14,000,000 -24,000,000         500,000       -5,000,000                         
      acquisitions of additional interests in unconsolidated real estate funds
    		                               -1,571,000 0               0 -16,000 0 -7,988,000 -6,000                        
      deferred loan cost amortized and written off
    		                                                                           
      proceeds from repayment of note receivable
    		                                       0 0 0 1,000,000                                 
      loans to related parties
    		                                                                           
      contributions to unconsolidated real estate funds
    		                                       13,000 -12,000       0 0 -26,399,000 -6,000 0   0 0                    
      proceeds from exercise of stock options
    		                                                                           
      cash and cash equivalents - beginning balance
    		                                                                           
      bad debt expense
    		                                -365,000                                           
      amortization of deferred loan costs
    		                                2,343,000 2,424,000 2,098,000  2,235,000 1,916,000 1,319,000 1,833,000 1,162,000 2,201,000 1,773,000 1,070,000 1,022,000 1,005,000 1,000,000 1,242,000 913,000 913,000 1,146,000 1,238,000 896,000 1,155,000 957,000 1,250,000 926,000 1,379,000 1,088,000 506,000 409,000 421,000 445,000 483,000 483,000 607,000 -1,414,917 577,000 478,000 362,000 354,000 282,000 251,000 249,000  
      cash and cash equivalents at the beginning of the year
    		                                0 0 112,927,000                                         
      cash and cash equivalents at quarter end
    		                                -5,409,000 87,618,000 85,533,000                                         
      bad debt (recovery) expense
    		                                  -6,000                                         
      decrease in cash and cash equivalents
    		                                  -27,394,000    -29,607,000    -2,184,000 6,356,000 -318,000 365,000 -31,786,000  -35,602,000 -108,222,000 -80,568,000                   -1,350,000      
      note receivable
    		                                           0 0 0 -27,500,000                             
      repurchase of stock options
    		                                           0 0 -1,670,000 -2,854,000                             
      cash and cash equivalents at year end
    		                                                                           
      proceeds from sales of investments in real estate
    		                                                                           
      contributions from noncontrolling interests in consolidated joint ventures
    		                                                                           
      distributions paid to noncontrolling interests in our operating partnership
    		                                                                           
      cash dividends paid to common stockholders
    		                                                                           
      cash and cash equivalents at beginning of period
    		                                    0 0 101,798,000  0 0 18,823,000  0 0 44,206,000  0 0 373,203,000 0 0 406,977,000  0 0 272,419,000  0 0 72,740,000 0 0 0 8,655,000 -5,837,157 0 0 5,843,000 0 0 0 4,536,000  
      cash and cash equivalents at end of period
    		                                    81,249,000 4,975,000 72,191,000  -64,600,000 57,891,000 16,639,000  -318,000 365,000 12,420,000  -35,602,000 -108,222,000 292,635,000 206,999,000 6,497,000 155,528,000  17,468,000 23,603,000 308,536,000  260,432,000 -73,051,000 94,300,000 8,906,000 20,573,000 13,434,000 29,827,000 -2,146,345 -609,000 -1,729,000 4,493,000 3,794,000 -63,912,000 62,111,000 3,850,000  
      loan costs
    		                                     -3,131,000 -11,444,000 -6,068,000                                    
      contributions from noncontrolling interests in consolidated joint venture
    		                                     0 320,000,000                                     
      distributions to noncontrolling interests in our operating partnership
    		                                     -10,689,000 -6,098,000                                     
      cash dividends to common stockholders
    		                                     -32,425,000 -32,322,000 -30,735,000 -30,721,000 -30,632,000 -30,422,000 -28,959,000 -28,825,000 -28,734,000 -28,521,000 -25,668,000 -25,668,000                           
      exercise of stock options
    		                                       2,449,000 0 0 1,823,000                                 
      withholding taxes for exercise of stock options
    		                                      -445,000                                     
      contributions by noncontrolling interests
    		                                           40,000 0 0 250,000 69,000 251,000              0 0 0 450,000          
      distributions to noncontrolling interests
    		                                       -5,716,000 -5,732,000 -5,822,000 -5,995,000 -5,498,000 -5,633,000 -5,724,000 -5,958,000 -5,244,000 -5,246,000 -5,254,000 -5,493,000 -4,700,000   -4,126,000 -4,394,000 -3,308,000 -3,262,000 -3,259,000 -3,330,000 -3,391,000 -3,420,000 -3,316,000 -3,469,000 -3,479,000 -6,478,000          
      cash and cash equivalents at beginning of year
    		                                                                           
      cash and cash equivalents at end of year
    		                                                                           
      non-cash amortization of equity compensation
    		                                        2,038,000 1,988,000 1,947,000 9,673,000 1,347,000 1,338,000 1,364,000                             
      loan payments received from related party
    		                                        300,000 299,000 307,000 305,000 583,000 0 299,000                             
      payment of refundable loan deposit
    		                                                                           
      repurchase of operating partnership units
    		                                           1,000 0 0 -2,827,000 0 1,000                           
      deferred rent receivables
    		                                         -941,000 -2,438,000 446,000 -950,000 -1,141,000 -1,286,000 -1,753,000 -2,318,000 -439,000 -1,960,000 -1,438,000   -2,792,000 -1,660,000 -1,871,000 -3,425,000 -1,996,000 -2,134,000 -2,214,000 -2,194,000 -2,287,000 -2,249,000 -2,422,000 -2,003,000 10,873,766 -3,244,000 -3,371,000 -4,271,000 -4,136,000 -4,075,000 -4,502,000 -4,505,000  
      deferred loan cost payments
    		                                         -3,681,000 -960,000 -1,597,000 -65,000   -2,439,000 -3,000                           
      (income) loss, including depreciation, from unconsolidated real estate funds
    		                                               237,000 -811,000 -1,335,000 -1,189,000                         
      decrease in the allowance for doubtful accounts
    		                                                                           
      loan to related party
    		                                               0 0                           
      refund of refundable loan deposit
    		                                                                           
      distributions of capital to noncontrolling interests
    		                                                   0       0 0 0 -400,000              
      issuance of common stock
    		                                                   0 0 128,257,000             -666,332 0        
      capital distributions received from unconsolidated real estate funds
    		                                            2,962,000 2,958,000 2,744,000 2,763,000 2,563,000                           
      accounts payable and accrued expenses
    		                                              12,204,000    14,042,000 10,464,000 -8,715,000 5,158,000 -6,602,000 9,863,000 -8,095,000 6,332,000 -6,829,000 230,000                
      deferred loan cost payment
    		                                              -82,000                             
      non-cash amortization of stock-based compensation
    		                                               5,445,000 1,528,000 1,470,000 1,562,000 1,572,000 1,603,000 1,449,000 2,287,000 1,954,000 1,951,000 1,803,000 4,737,000 1,892,000 1,938,000 1,560,000 1,543,000 1,225,000 -156,000 2,489,000 -5,454,600 1,119,000 1,049,000 3,291,000 294,000 408,000 806,000 670,000  
      operating distributions received from unconsolidated real estate funds
    		                                               225,000 187,000                           
      proceeds from long-term borrowings
    		                                                   285,000,000 0 155,000,000 0 885,000,000 0 860,000,000 388,080,000    0 0 0 82,640,000          
      refund of loan deposit
    		                                                   0 0 1,575,000                      
      termination of interest rate contracts
    		                                                                           
      supplemental disclosure of cash flow information
    		                                                                           
      cash paid during the year for interest
    		                                                                           
      interest payable, accounts payable and accrued liabilities
    		                                                17,103,000                           
      other
    		                                                -5,013,000 1,358,000 1,232,000 -6,580,000 2,419,000 1,886,000  -3,315,000 2,644,000 746,000  3,238,000 3,521,000 -909,000    -3,492,000 -2,738,587 -5,399,000 1,419,000 6,726,000  -4,822,000 -402,000 269,000  
      capital expenditures
    		                                                  -19,542,000 -14,470,000                        
      free cash flows
    		                                                  52,353,000 41,537,000                        
      deferred loan costs
    		                                                  -152,000 -1,365,000     -1,872,000 -5,073,000 -5,485,000 -4,578,000 -103,000 -2,000 -425,000 -3,000   6,738,190 -3,520,000 -1,215,000 -2,010,000 -95,000 -550,000    
      cash dividends
    		                                                  -25,424,000 -20,960,000   -16,616,000 -16,318,000 -12,430,000 -12,413,000 -12,350,000 -12,263,000 -12,203,000 -12,160,000 -12,155,000 -12,141,000 -12,149,000 -22,856,000    -19,221,000 -19,221,000 -19,982,000 -20,126,000 -13,801,000  
      loss, including depreciation, from unconsolidated real estate funds
    		                                                   663,000 1,117,000 984,000 803,000 285,000 255,000 1,524,000 1,457,000                 
      distributions from unconsolidated real estate funds
    		                                                   1,223,000 1,204,000 1,366,000 1,192,000 1,191,000 1,775,000 1,060,000                  
      investment in taxable reit subsidiary
    		                                                       0 0 10,000                  
      gain on disposition of interest in unconsolidated real estate fund
    		                                                              0 0 0 -5,573,000          
      non-cash profit sharing allocation to consolidated real estate fund
    		                                                              0 0            
      capital expenditures and property acquisitions
    		                                                      -16,013,000 -13,747,000 -14,085,000 -12,118,000 -16,323,000 -14,849,000 -241,050,000 -11,176,000 -10,885,000 -9,927,000 -10,238,000 -11,101,000  -14,008,000 -15,647,000 -627,103,000  -14,029,000 -45,078,000 -13,471,000  
      deconsolidation of douglas emmett fund x, llc
    		                                                              0 0 0 -6,625,000          
      net change in short-term borrowings
    		                                                              0 0 0 -25,275,000 20,274,975 17,200,000 -33,500,000 -4,000,000 38,000,000     
      contributions by douglas emmett fund x, llc investors
    		                                                              0 0 0 66,074,000          
      redemption of noncontrolling interests
    		                                                              0             
      repurchase of common stock
    		                                                              0 1,000 -1,437,000 -3,901,000     0 -105,030,000    
      noncash transactions:
    		                                                                           
      investing activity related to contribution of properties to unconsolidated
    		                                                                           
      real estate fund
    		                                                                           
      financing activity related to contribution of debt and noncontrolling interest
    		                                                                           
      to unconsolidated real estate fund
    		                                                                           
      payment of deferred loan costs
    		                                                                           
      net proceeds from atm common stock issuances
    		                                                       38,045,000                    
      consolidated net income
    		                                                                           
      non-cash profit sharing allocation to consolidated fund
    		                                                                 660,000          
      investment in unconsolidated real estate funds
    		                                                           -3,050,000                
      investing activity related to contribution of properties to douglas emmett
    		                                                                           
      fund x, llc
    		                                                                           
      to douglas emmett fund x, llc
    		                                                                           
      gain, including depreciation, from unconsolidated real estate funds
    		                                                            2,200,000 1,504,000              
      accounts payable, accrued expenses and security deposits
    		                                                             6,006,000 -5,451,000 11,039,000 -4,148,000 8,224,000  8,175,000 -7,054,000 3,282,000 -3,126,000 14,857,000 -2,947,000 6,427,000  
      investing activity related to contribution of properties to douglas emmett fund x, llc
    		                                                                           
      financing activity related to contribution of debt and noncontrolling interest to douglas emmett fund x, llc
    		                                                                           
      loss, including depreciation, from unconsolidated real estate fund
    		                                                              -1,431,000 1,904,000 2,128,000 678,000          
      cash paid during the year for interest, net of amounts capitalized
    		                                                                           
      investing activity related to contribution of properties to unconsolidated real estate fund
    		                                                                           
      financing activity related to contribution of debt and noncontrolling interest to unconsolidated real estate fund
    		                                                                           
      adjustments to reconcile net income to net cash provided by
    		                                                                           
      operating activities:
    		                                                                           
      minority interests
    		                                                                  6,222,080 -2,704,000 -2,785,000 -741,000      
      deficit distributions to minority partners
    		                                                                           
      non-cash profit allocation to consolidated fund
    		                                                                           
      non-cash market value adjustments on interest rate
    		                                                                           
      contracts
    		                                                                           
      change in working capital components
    		                                                                           
      accounts payable, accrued expenses and security
    		                                                                           
      deposits
    		                                                                           
      capital expenditures, property acquisitions and purchases
    		                                                                           
      of predecessor owners' interests in real estate
    		                                                                           
      contributions by minority interests
    		                                                                           
      distributions to minority interests
    		                                                                  21,211,120 -6,486,000 -6,502,000 -8,251,000 -8,547,000 -8,480,000 -8,821,000 -6,003,000  
      redemption of minority interests
    		                                                                  23,734,242 0 0 -23,758,000 -40,000,000 0    
      contributions to stockholders
    		                                                                           
      distributions to stockholders
    		                                                                           
      cash paid during the period for interest, net of amounts capitalized
    		                                                                           
      contribution by minority interest partner to consolidated joint venture
    		                                                                   0        
      cash dividends paid on common stock
    		                                                                   -22,759,000        
      issuance of minority interest in consolidated joint venture
    		                                                                     100,000      
      minority interests in consolidated real estate partnerships
    		                                                                      -2,493,000 -1,222,000 -542,000 -1,424,000  
      capital expenditures, property acquisitions and purchases of predecessor owners’ interests in real estate
    		                                                                           
      proceeds from affiliated borrowing
    		                                                                           
      repayments of affiliated borrowing
    		                                                                           
      proceeds from interest rate swap termination
    		                                                                           
      payment on interest rate swap termination
    		                                                                           
      contributions by stockholders
    		                                                                           
      increase (decerease) in cash and cash equivalents
    		                                                                           
      non-cash market value adjustment on interest rate contracts
    		                                                                       2,846,000    
      supplemental disclosure of non-cash financing information
    		                                                                           
      notes receivable from stockholders
    		                                                                           
      contribution of notes receivable from stockholders
    		                                                                           
      deficit recovery from minority partners
    		                                                                           
      gain on interest rate swap contracts
    		                                                                         3,768,000  
      minority interests in consolidated real estate partnerships including discontinued operations
    		                                                                           
      depreciation and amortization, including discontinued operations
    		                                                                           
      net accretion of above and below market leases
    		                                                                           
      net gain on asset dispositions
    		                                                                           
      amortization of loan costs
    		                                                                           
      proceeds from sale of properties
    		                                                                           
      proceeds from interest rate swap contract termination
    		                                                                           
      payment on interest rate swap contract termination
    		                                                                           
      redemption of preferred minority interests
    		                                                                           
      amortization of loan costs and fees
    		                                                                           
      changes in operating assets and liabilities:
    		                                                                           
      deferred rent
    		                                                                           
      accounts payable, accrued expenses and tenant security deposits
    		                                                                           
      investing activities:
    		                                                                           
      acquisition of and additions to properties
    		                                                                           
      financing activities:
    		                                                                           
      repayments of borrowings
    		                                                                           
      proceeds from affiliate borrowing
    		                                                                           
      repayments of affiliate borrowing
    		                                                                           
      net increase in cash and cash equivalents
    		                                                                           
      cash and cash equivalents at beginning of the period
    		                                                                           
      cash and cash equivalents at end of the period
    		                                                                           
      supplemental disclosure of non-cash financing information:
    		                                                                           
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.