Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2025

The table below presents the operating activity of our reportable segments:


(In thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Office Segment
Total office revenues	$	202,810	$	199,240	$	404,907	$	397,177
Office expenses	(76,559)		(67,141)		(149,612)		(134,361)
Office segment profit	126,251		132,099		255,295		262,816

Multifamily Segment
Total multifamily revenues	49,624		46,537		99,062		93,569
Multifamily expenses	(16,230)		(15,967)		(32,785)		(31,817)
Multifamily segment profit	33,394		30,570		66,277		61,752

Total profit from all segments	$	159,645	$	162,669	$	321,572	$	324,568

The table below presents a reconciliation of the net (loss) income attributable to common stockholders to the total profit from all segments:


(In thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024

Net (loss) income attributable to common stockholders	$	(5,835)	$	10,878	$	33,965	$	19,787
Net loss attributable to noncontrolling interests	(9,228)		(1,647)		(4,449)		(4,425)
Net (loss) income	(15,063)		9,231		29,516		15,362
General and administrative expenses	12,281		11,488		23,741		23,059
Depreciation and amortization	101,719		95,492		199,559		191,261
Other income	(4,788)		(7,430)		(9,711)		(14,474)
Other expenses	161		80		266		194
Income from unconsolidated Fund	—		(1,147)		—		(1,121)
Interest expense	65,335		54,955		125,413		110,287


Gain from consolidation of JV	—		—		(47,212)		—
Total profit from all segments	$	159,645	$	162,669	$	321,572	$	324,568

Douglas Emmett Inc 10-Q