Douglas Emmett (DEI) 10-Q 4 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 28, 2017
Document And Entity Information [Abstract]
Entity Registrant Name	Douglas Emmett Inc
Entity Central Index Key	1,364,250
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		162,875,254

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Investment in real estate:
Land	$ 1,050,037	$ 1,022,340
Buildings and improvements	7,555,950	7,221,124
Tenant improvements and lease intangibles	726,118	696,197
Property under development	85,269	58,459
Investment in real estate, gross	9,417,374	8,998,120
Less: accumulated depreciation and amortization	(1,903,764)	(1,789,678)
Investment in real estate, net	7,513,610	7,208,442
Cash and cash equivalents	173,151	112,927
Tenant receivables, net	2,529	2,165
Deferred rent receivables, net	99,195	93,165
Acquired lease intangible assets, net	4,673	5,147
Interest rate contract assets	37,092	35,656
Investment in unconsolidated real estate funds	107,140	144,289
Other assets	18,003	11,914
Total assets	7,955,393	7,613,705
Liabilities
Secured notes payable and revolving credit facility, net	4,314,137	4,369,537
Interest payable, accounts payable and deferred revenue	92,364	75,229
Security deposits	48,382	45,990
Acquired lease intangible liabilities, net	69,646	67,191
Interest rate contract liabilities	3,353	6,830
Dividends payable	36,976	34,857
Total liabilities	4,564,858	4,599,634
Douglas Emmett, Inc. stockholders' equity:
Common Stock, $0.01 par value, 750,000,000 authorized, 160,743,013 and 151,530,210 outstanding at June 30, 2017 and December 31, 2016, respectively	1,607	1,515
Additional paid-in capital	2,958,178	2,725,157
Accumulated other comprehensive income	20,871	15,156
Accumulated deficit	(853,586)	(820,685)
Total Douglas Emmett, Inc. stockholders' equity	2,127,070	1,921,143
Noncontrolling interests	1,263,465	1,092,928
Total equity	3,390,535	3,014,071
Total liabilities and equity	$ 7,955,393	$ 7,613,705

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares outstanding (in shares)	160,743,013	151,530,210

Consolidated Statements Of Oper

Consolidated Statements Of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Office rental
Rental revenues	$ 135,665	$ 126,650	$ 268,681	$ 237,656
Tenant recoveries	12,801	10,986	23,851	21,197
Parking and other income	27,076	25,460	53,358	48,622
Total office revenues	175,542	163,096	345,890	307,475
Multifamily rental
Rental revenues	22,237	22,406	44,478	44,833
Parking and other income	1,853	1,713	3,745	3,479
Total multifamily revenues	24,090	24,119	48,223	48,312
Total revenues	199,632	187,215	394,113	355,787
Operating Expenses
Office expenses	57,887	53,381	112,772	101,264
Multifamily expenses	5,878	5,341	11,825	11,372
General and administrative	8,592	9,403	18,748	17,474
Depreciation and amortization	68,793	62,568	136,167	118,120
Total operating expenses	141,150	130,693	279,512	248,230
Operating income	58,482	56,522	114,601	107,557
Other income	2,331	2,143	4,493	4,232
Other expenses	(1,773)	(1,908)	(3,497)	(4,912)
Income, including depreciation, from unconsolidated real estate funds	1,113	1,644	3,290	3,230
Interest expense	(38,000)	(37,703)	(74,954)	(73,363)
Income before gains	22,153	20,698	43,933	36,744
Gains on sales of investments in real estate	0	1,082	0	1,082
Net income	22,153	21,780	43,933	37,826
Less: Net income attributable to noncontrolling interests	(1,909)	(3,298)	(4,640)	(3,978)
Net income attributable to common stockholders	$ 20,244	$ 18,482	$ 39,293	$ 33,848
Net income attributable to common stockholders per share – basic (usd per share)	$ 0.129	$ 0.124	$ 0.254	$ 0.228
Net income attributable to common stockholders per share – diluted (usd per share)	0.129	0.120	0.253	0.221
Dividends declared per common share (usd per share)	$ 0.23	$ 0.22	$ 0.46	$ 0.44

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 22,153	$ 21,780	$ 43,933	$ 37,826
Other comprehensive income (loss): cash flow hedges	(4,193)	(14,890)	5,636	(35,498)
Comprehensive income	17,960	6,890	49,569	2,328
Less: Comprehensive (income) loss attributable to noncontrolling interests	297	1,913	(4,561)	3,813
Comprehensive income attributable to common stockholders	$ 18,257	$ 8,803	$ 45,008	$ 6,141

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating Activities
Net income	$ 43,933	$ 37,826
Adjustments to reconcile net income to net cash provided by operating activities:
Income, including depreciation, from unconsolidated real estate funds	(3,290)	(3,230)
Gains on sales of investments in real estate	0	(1,082)
Depreciation and amortization	136,167	118,120
Net accretion of acquired lease intangibles	(8,476)	(8,314)
Straight-line rent	(6,030)	(7,636)
Bad debt expense	504	1,116
Amortization of deferred loan costs	4,522	3,235
Non-cash market value adjustments on interest rate contracts	25	0
Amortization of stock-based compensation	5,311	4,739
Operating distributions from unconsolidated real estate funds	3,290	893
Change in working capital components:
Tenant receivables	(868)	(1,487)
Interest payable, accounts payable and deferred revenue	16,718	12,455
Security deposits	2,392	5,072
Other assets	4,404	5,064
Net cash provided by operating activities	198,602	166,771
Investing Activities
Capital expenditures for improvements to real estate	(51,370)	(35,183)
Capital expenditures for developments	(23,646)	(5,967)
Property acquisitions	(354,023)	(1,257,513)
Deposits for property acquisitions	(10,000)	(5,000)
Proceeds from sale of investments in real estate, net	0	241,053
Loan payments received from related parties	0	763
Acquisitions of additional interests in unconsolidated real estate funds	(2,571)	0
Capital distributions from unconsolidated real estate funds	39,962	18,839
Net cash used in investing activities	(401,648)	(1,043,008)
Financing Activities
Proceeds from borrowings	933,000	1,374,500
Repayment of borrowings	(986,069)	(693,511)
Loan cost payments	(6,889)	(14,575)
Contributions from noncontrolling interests in consolidated JVs	188,248	320,000
Distributions paid to noncontrolling interests	(19,202)	(16,787)
Dividends paid to common stockholders	(70,075)	(64,747)
Taxes paid on exercise of stock options	(52,704)	(52,449)
Repurchase of OP Units	0	(826)
Proceeds from issuance of common stock, net	276,961	0
Net cash provided by financing activities	263,270	851,605
Increase (decrease) in cash and cash equivalents	60,224	(24,632)
Cash and cash equivalents at the beginning of the year	112,927	101,798
Cash and cash equivalents at quarter end	173,151	77,166
SUPPLEMENTAL CASH FLOWS INFORMATION
Cash paid for interest, net of capitalized interest	69,001	70,353
Capitalized interest paid	1,150	503
NON-CASH INVESTING TRANSACTIONS
Accrual increase for capital expenditures for improvements to real estate	417	181
Capitalized stock-based compensation for improvements to real estate and developments	475	448
Removal of fully depreciated and amortized tenant improvements and lease intangibles	22,077	9,401
Removal of fully amortized acquired lease intangible assets	71	598
Removal of fully accreted acquired lease intangible liabilities	2,935	8,100
Application of deposit to purchase price of property	0	75,000
NON-CASH FINANCING TRANSACTIONS
Gain (loss) from market value adjustments	(4,016)	(50,142)
Dividends declared	72,194	65,252
Common stock issued in exchange for OP Units	8,856	11,458
Unconsolidated Funds [Member]
NON-CASH FINANCING TRANSACTIONS
Gain (loss) from market value adjustments	$ 867	$ (1,149)

Overview

Overview	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview	Overview Organization and Business Description Douglas Emmett, Inc. is a fully integrated, self-administered and self-managed REIT. We are one of the largest owners and operators of high-quality office and multifamily properties in Los Angeles County, California and Honolulu, Hawaii. We focus on owning, acquiring, developing and managing a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities. Through our interest in our Operating Partnership and its subsidiaries, our consolidated JVs and our unconsolidated Funds, we own or partially own, acquire, develop and manage real estate, consisting primarily of office and multifamily properties in Los Angeles, California and Honolulu, Hawaii. The terms "us," "we" and "our" as used in the financial statements refer to Douglas Emmett, Inc. and its subsidiaries on a consolidated basis. As of June 30, 2017 , our portfolio of properties consisted of the following properties (not including two parcels of land from which we receive rent under ground leases): Consolidated Portfolio Total Portfolio Office (includes ancillary retail space) Wholly-owned properties 52 52 Consolidated JV properties 9 9 Unconsolidated Fund properties — 8 61 69 Multifamily Wholly-owned properties 10 10 Total 71 79 Basis of Presentation The accompanying financial statements are the consolidated financial statements of Douglas Emmett, Inc. and its subsidiaries, including our Operating Partnership and our consolidated JVs. All significant intercompany balances and transactions have been eliminated in our consolidated financial statements. Our Operating Partnership and consolidated JVs are VIEs and we are the primary beneficiary. As of June 30, 2017 , the total consolidated assets, liabilities and equity of the VIEs was $7.96 billion (of which $7.51 billion related to investment in real estate), $4.56 billion and $3.39 billion (of which $1.26 billion related to noncontrolling interests), respectively. The accompanying unaudited interim financial statements have been prepared pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with GAAP may have been condensed or omitted pursuant to SEC rules and regulations, although we believe that the disclosures are adequate to make their presentation not misleading. The accompanying unaudited interim financial statements include, in our opinion, all adjustments, consisting of normal recurring adjustments, necessary to present fairly the financial information set forth therein. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the year ending December 31, 2017 . The interim financial statements should be read in conjunction with the consolidated financial statements in our 2016 Annual Report on Form 10-K and the notes thereto. References in this Report to the number of properties, square footage, per square footage amounts, apartment units and geography, are outside the scope of our independent registered public accounting firm’s review of our financial statements in accordance with the standards of the PCAOB.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	Summary of Significant Accounting Policies We adopted ASU No. 2017-01, "Clarifying the Definition of a Business" in the first quarter of 2017. The ASU changed our accounting policy "Investment in Real Estate" disclosed in our 2016 Annual Report on Form 10-K. The ASU generally requires that our property acquisitions be accounted for as asset purchases, and the related acquisition expenses be capitalized as part of the respective asset. We historically accounted for our property acquisitions as business combinations and expensed the related acquisition expenses as incurred. We have not made any other changes during the period covered by this Report to our significant accounting policies disclosed in our 2016 Annual Report on Form 10-K. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make certain estimates that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates. Income Taxes We have elected to be taxed as a REIT under the Code. Provided that we qualify for taxation as a REIT, we are generally not subject to corporate-level income tax on the earnings distributed currently to our stockholders that we derive from our REIT qualifying activities. We are subject to corporate-level tax on the earnings that we derive through our TRS. New Accounting Pronouncements Changes to GAAP are established by the FASB in the form of ASUs. We consider the applicability and impact of all ASUs. Recently Issued Accounting Pronouncements In May 2017, the FASB issued ASU No. 2017-09, "Scope of Modification Accounting" which amends "Compensation-Stock Compensation" (Topic 718). The ASU provides guidance regarding the application of modification accounting in Topic 718 when there are changes to the terms or conditions of a share-based payment award. The ASU is effective for annual and interim periods beginning after December 15, 2017, which for us would be the first quarter of 2018, and early adoption is permitted. The ASU amendments are required to be applied on a prospective basis. We do not expect the ASU to have a material impact on our financial statements. In February 2016, the FASB issued ASU No. 2016-02, "Leases" (Topic 842). The primary difference between Topic 842 and current GAAP is the recognition of lease assets and liabilities by lessees for leases classified as operating leases under current GAAP. The accounting applied by lessors is largely unchanged from current GAAP, for example, the vast majority of operating leases will remain classified as operating leases, and lessors will continue to recognize lease income for those leases on a straight-line basis over the lease term. Topic 842 requires an entity to separate the lease components from the non-lease components (for example, maintenance services or other activities that transfer a good or service to the customer) in a contract. Only the lease components must be accounted for in accordance with Topic 842. The consideration in the contract is allocated to the lease and non-lease components on a relative standalone price basis for lessees, or in accordance with the allocation guidance in Topic 606 for lessors. Topic 842 defines initial direct costs of a lease (which may be capitalized) as costs that would not have been incurred had the lease not been executed. Costs to negotiate a lease that would have been incurred regardless of whether the lease was executed, such as fixed employee salaries, are not considered to be initial direct costs, and may not be capitalized. The ASU is effective for annual and interim periods beginning after December 15, 2018, which for us would be the first quarter of 2019, and early adoption is permitted. We are currently evaluating the impact of this ASU. In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" (Topic 606), which provides guidance for the accounting of revenue from contracts with customers. The guidance supersedes the revenue recognition requirements in Topic 605, "Revenue Recognition", and most industry-specific guidance throughout the Industry Topics of the Codification. In August 2015, the FASB issued ASU No. 2015-14, which defers the effective date of ASU No. 2014-09 by one year. In March 2016, the FASB issued ASU No. 2016-08, "Principal versus Agent Considerations (Reporting Revenue Gross versus Net)" which amends Topic 606 and clarifies the guidance for principal versus agent considerations. In April 2016, the FASB issued ASU No. 2016-10, "Identifying Performance Obligations and Licensing" which amends Topic 606 and provides guidance for identifying performance obligations and licensing. In May 2016, the FASB issued ASU No. 2016-12, "Narrow-Scope Improvements and Practical Expedients" which amends Topic 606 and provides guidance for a variety of revenue recognition related topics. In February 2017, the FASB issued ASU No. 2017-05 "Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets" (Subtopic 610-20), which provides guidance for recognizing gains and losses from the transfer of nonfinancial assets in contracts with noncustomers. The various ASU's are effective for annual and interim periods beginning after December 15, 2017, which for us is the first quarter of 2018. Earlier application is permitted for annual and interim periods beginning after December 15, 2016, which for us was the first quarter of 2017. The amendments in these ASU's should be applied retrospectively. We are not planning on early adopting the ASU's and we expect to use the modified retrospective method of adoption. We are currently evaluating the impact to our accounting, particularly with respect to our tenant recovery revenues, and whether such changes will be material to our future results of operations and financial position. As noted above, ASU No. 2016-02 "Leases" requires that non-lease components such as tenant recovery revenues be accounted for in accordance with ASU No. 2014-09, which means that the classification and timing of our tenant recovery revenues could be impacted. The FASB has not issued any other ASUs during 2017 that we expect to be applicable and have a material impact on our financial statements.

Investment in Real Estate

Investment in Real Estate	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Investment in Real Estate	Investment in Real Estate We generally account for our property acquisitions as asset purchases. Prior to January 1, 2017 we accounted for our acquisitions as business combinations. The results of operations from our acquisitions are included in our consolidated statements of operations after the respective acquisition dates. The purchase accounting for our 2016 acquisitions is subject to adjustment within twelve months of the acquisition date because they were accounted for as business combinations. Acquisitions during the six months ended June 30, 2017 On April 25, 2017 , a consolidated JV that we manage and in which we own an equity interest acquired two Class A office properties located in downtown Santa Monica, California for a total contract price of $352.8 million . The properties are located at 1299 Ocean Avenue and 429 Santa Monica Boulevard. The table below (in thousands) summarizes our purchase price allocations for the acquisitions. The difference between the total contract price and respective purchase prices below relates to prorations and similar matters: 1299 Ocean 429 Santa Monica Building square footage 206 87 Investment in real estate: Land $ 22,748 $ 4,949 Buildings and improvements 260,188 69,286 Tenant improvements and lease intangibles 5,010 3,248 Acquired above and below-market leases, net (10,683 ) (723 ) Net assets and liabilities acquired $ 277,263 $ 76,760 See Note 17 for information on the purchase of a Class A office property in July 2017. Acquisitions during the six months ended June 30, 2016 Westwood Portfolio Acquisition On February 29, 2016 (Acquisition Date), a consolidated JV which we manage and in which we own an equity interest acquired four Class A office properties located in Westwood, California (Westwood Portfolio) for a contract price of $1.34 billion . As of the Acquisition Date, we had contributed sixty -percent of the equity to the JV, which was subsequently reduced to thirty -percent on May 31, 2016 (Sell Down Date) when we sold half of our equity interest to a third party investor. The table below (in thousands) summarizes our purchase accounting and funding sources for the acquisition: Sources and Uses of Funds Actual at Closing (1) Pro Forma Sell Down Adjustments (2) Pro Forma Building square footage 1,725 1,725 Uses of funds - Investment in real estate: Land $ 94,996 $ 94,996 Buildings and improvements 1,236,786 1,236,786 Tenant improvements and lease intangibles 50,439 50,439 Acquired above and below-market leases, net (3) (49,708 ) (49,708 ) Net assets and liabilities acquired (4) $ 1,332,513 $ 1,332,513 Source of funds: Cash on hand (5) $ 153,745 $ — $ 153,745 Credit facility (6) 290,000 (240,000 ) 50,000 Non-recourse term loan, net (7) 568,768 — 568,768 Noncontrolling interests 320,000 240,000 560,000 Total source of funds $ 1,332,513 $ — $ 1,332,513 ________________________________________________ (1) Reflects the purchase of the Westwood Portfolio on the Acquisition Date when we contributed sixty -percent of the equity to the consolidated JV. (2) Reflects our sale of thirty -percent of the equity in the JV on the Sell Down Date, presented as of the Acquisition Date, treated as in-substance real estate, which reduced our ownership interest in the JV to thirty -percent. We sold the interest for the $240.0 million we contributed plus an additional $1.1 million to compensate us for our costs of holding the investment. We recognized a gain on the sale of $1.1 million . We used the proceeds from the sale to pay down the balance owed on our revolving credit facility. (3) As of the Acquisition Date, the weighted average remaining life of the acquired above-and below-market leases was approximately 4.4 years . (4) The difference between the contract and purchase price related to credits received for prorations and similar matters. (5) Cash paid included a $75.0 million deposit, $67.5 million paid at closing and $11.2 million spent on loan costs in connection with securing the $580.0 million term loan. (6) Reflects borrowings using the Company's credit facility, which bears interest at LIBOR + 1.40% . (7) Reflects 100% (not the Company's pro rata share) of a $580.0 million interest-only non-recourse loan, net of deferred loan costs of $11.2 million incurred to secure the loan. The loan has a seven -year term and is secured by the Westwood Portfolio. Interest on the loan is floating at LIBOR + 1.40% , which has been effectively fixed at 2.37% per annum for five years through interest rate swaps. See Note 7 for information regarding our consolidated debt. The table below (in thousands) presents the revenues and net income attributable to common stockholders from the Westwood Portfolio included in the consolidated statement of operations after the Acquisition Date: Six Months Ended June 30, 2017 2016 Total office revenues $ 47,805 $ 32,198 Net income attributable to common stockholders (1) $ 3,026 $ 154 ______________________________________________________ (1) Excluding transaction costs, net income attributable to common stockholders was $3.0 million and $2.1 million for the six months ended June 30, 2017 and 2016 , respectively. The table below (in thousands, except per share information) presents the historical results of Douglas Emmett, Inc. and the Westwood Portfolio on a combined basis as if the acquisition was completed on January 1, 2016, based on our thirty -percent ownership interest and includes adjustments that give effect to events that are (i) directly attributable to the acquisition, (ii) expected to have a continuing impact on us, and (iii) are factually supportable. The pro forma reflects the hypothetical impact of the acquisition on us and does not purport to represent what our results of operations would have been had the acquisition occurred on January 1, 2016, or project the results of operations for any future period. The information does not reflect cost savings or operating synergies that may result from the acquisition or the costs to achieve any such potential cost savings or operating synergies. Transaction costs related to the acquisition have been excluded. Six months ended June 30, 2016 Pro forma revenues $ 369,114 Pro forma net income attributable to common stockholders $ 32,698 Pro forma net income attributable to common stockholders per share – basic $ 0.221 Pro forma net income attributable to common stockholders per share – diluted $ 0.214

Acquired Lease Intangibles

Acquired Lease Intangibles	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Acquired Lease Intangibles	Acquired Lease Intangibles Summary of our Acquired Lease Intangibles The table below (in thousands) summarizes our above/below-market leases: June 30, 2017 December 31, 2016 Above-market tenant leases $ 5,196 $ 5,110 Accumulated amortization - above-market tenant leases (2,900 ) (2,379 ) Below-market ground leases 3,198 3,198 Accumulated amortization - below-market ground leases (821 ) (782 ) Acquired lease intangible assets, net $ 4,673 $ 5,147 Below-market tenant leases $ 113,550 $ 104,925 Accumulated accretion - below-market tenant leases (47,386 ) (41,241 ) Above-market ground leases 4,017 16,200 Accumulated accretion - above-market ground leases (535 ) (12,693 ) Acquired lease intangible liabilities, net $ 69,646 $ 67,191 Impact on the Consolidated Statements of Operations The table below (in thousands) summarizes the net amortization/accretion related to our above/below-market leases: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net accretion of above/below-market tenant leases (1) $ 4,275 $ 5,001 $ 8,458 $ 8,296 Amortization of above-market ground lease (2) (4 ) (4 ) (8 ) (8 ) Accretion of above-market ground lease (3) 13 13 26 26 Total $ 4,284 $ 5,010 $ 8,476 $ 8,314 _______________________________________________ (1) Recorded as a net increase to office and multifamily rental revenues. (2) The amortization of the above-market rent we receive under this ground lease is recorded as a decrease to office parking and other income. (3) The accretion of the above-market rent we pay under this ground lease is recorded as a decrease to office expense.

Investments In Unconsolidated R

Investments In Unconsolidated Real Estate Funds	6 Months Ended
	Jun. 30, 2017
Real Estate Investments, Net [Abstract]
Investments In Unconsolidated Real Estate Funds	Investments in Unconsolidated Real Estate Funds Description of our Funds We manage and own equity interests in three unconsolidated Funds, the Opportunity Fund, Fund X and Partnership X, through which we and investors own eight office properties totaling 1.8 million square feet. We purchased a 3.7% interest in the Opportunity Fund during the second quarter of 2017. The Opportunity Fund's only investment is a 13.1% equity interest in Fund X. At June 30, 2017 , we held direct and indirect equity interests of 3.7% of the Opportunity Fund, 69.1% of Fund X and 24.3% of Partnership X. Our Funds pay us fees and reimburse us for certain expenses related to property management and other services we provide. We also receive distributions based on invested capital and on any profits that exceed certain specified cash returns to the investors. The table below presents (in thousands) cash distributions received from our Funds: Six Months Ended June 30, 2017 2016 Operating distributions received $ 3,290 $ 893 Capital distributions received 39,962 18,839 Total distributions received $ 43,252 $ 19,732 Summarized Financial Information for our Funds The accounting policies of the Funds are consistent with ours. The tables below present (in thousands) selected financial information for the Funds on a combined basis. The amounts presented represent 100% (not our pro-rata share) of amounts related to the Funds, and are based upon historical acquired book value: June 30, 2017 December 31, 2016 Total assets $ 707,282 $ 690,028 Total liabilities $ 524,736 $ 448,544 Total equity $ 182,546 $ 241,484 Six Months Ended June 30, 2017 2016 Total revenues $ 37,071 $ 35,237 Operating income $ 9,723 $ 8,774 Net income $ 2,853 $ 3,163

Other Assets

Other Assets	6 Months Ended
	Jun. 30, 2017
Other Assets [Abstract]
Other Assets	Other Assets Other assets consisted of the following (in thousands): June 30, 2017 December 31, 2016 Restricted cash $ 121 $ 121 Prepaid expenses 2,641 6,779 Other indefinite-lived intangible 1,988 1,988 Deposits in escrow 10,000 — Furniture, fixtures and equipment, net 1,144 1,093 Other 2,109 1,933 Total other assets $ 18,003 $ 11,914

Secured Notes Payable and Revol

Secured Notes Payable and Revolving Credit Facility, Net	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Secured Notes Payable and Revolving Credit Facility, net	Secured Notes Payable and Revolving Credit Facility, Net The following table summarizes (in thousands) our secured notes payable and revolving credit facility: Description Maturity Date (1) Principal Balance as of June 30, 2017 Principal Balance as of December 31, 2016 Variable Interest Rate Fixed Interest Rate (2) Swap Maturity Date Wholly Owned Subsidiaries Term Loan (3) — $ — $ 1,000 — — — Term Loan (3) — — 349,933 — — — Fannie Mae Loans (3) — — 388,080 — — — Term Loan (4) 2/1/2019 148,457 149,911 N/A 4.00% — Term Loan (4) 6/5/2019 283,305 285,000 N/A 3.85% — Fannie Mae Loan 10/1/2019 145,000 145,000 LIBOR + 1.25% N/A — Term Loan (4)(5) 3/1/2020 342,852 345,759 N/A 4.46% — Term Loan (6) 4/15/2022 340,000 340,000 LIBOR + 1.40% 2.77% 4/1/2020 Term Loan (6) 7/27/2022 180,000 180,000 LIBOR + 1.45% 3.06% 7/1/2020 Term Loan (6) 11/1/2022 400,000 400,000 LIBOR + 1.35% 2.64% 11/1/2020 Term Loan (6) 6/23/2023 360,000 360,000 LIBOR + 1.55% 2.57% 7/1/2021 Term Loan (6) 12/23/2023 220,000 220,000 LIBOR + 1.70% 3.62% 12/23/2021 Term Loan (6) 1/1/2024 300,000 300,000 LIBOR + 1.55% 3.46% 1/1/2022 Fannie Mae Loan (6) 4/1/2025 102,400 102,400 LIBOR + 1.25% 2.84% 3/1/2020 Fannie Mae Loans (6) 12/1/2025 115,000 115,000 LIBOR + 1.25% 2.76% 12/1/2020 Fannie Mae Loans (6)(7) 6/1/2027 550,000 — LIBOR + 1.37% 3.51% 6/1/2022 Revolving credit facility (8) 8/21/2020 — — LIBOR + 1.40% N/A — Total Wholly Owned Debt 3,487,014 3,682,083 Consolidated JVs Term Loan 7/21/2019 288,000 146,000 LIBOR + 1.55% N/A — Term Loan (6) 2/28/2023 580,000 580,000 LIBOR + 1.40% 2.37% 3/1/2021 Total Consolidated Debt (9) 4,355,014 4,408,083 Deferred loan costs, net (40,877 ) (38,546 ) Total Consolidated Debt, net $ 4,314,137 $ 4,369,537 ___________________________________________________ Except as otherwise noted below, each loan (including our revolving credit facility) is non-recourse and secured by one or more separate collateral pools consisting of one or more properties, and requires monthly payments of interest only with the outstanding principal due upon maturity. (1) Maturity dates include the effect of extension options. (2) Includes the effect of interest rate swaps and excludes the effect of prepaid loan fees. See Note 9 for details of our interest rate swaps. (3) At June 30, 2017 , this loan had been paid off. (4) Requires monthly payments of principal and interest. Principal amortization is based upon a 30 -year amortization schedule. (5) Interest is fixed until March 2018 . (6) Loan agreement includes a zero-percent LIBOR floor. The corresponding swaps do not include such a floor. (7) Effective rate decreases to 3.16% on November 1, 2017 . (8) $400.0 million revolving credit facility. Unused commitment fees range from 0.15% to 0.20% . (9) See Note 12 for our fair value disclosures. Debt Statistics At June 30, 2017 , the weighted average remaining life, including extension options, of our total consolidated term debt (excluding our revolving credit facility) was 5.4 years . For the $3.92 billion of term debt on which the interest rate was fixed under the terms of the loan or a swap, the weighted average (i) remaining life was 5.7 years , (ii) remaining period during which interest was fixed was 3.3 years , (iii) annual interest rate was 3.20% and (iv) effective interest rate was 3.36% (including the non-cash amortization of deferred loan costs). The following table summarizes (in thousands) our fixed and floating rate debt: Principal Balance as of June 30, 2017 Principal Balance as of December 31, 2016 Aggregate swapped to fixed rate loans $ 3,147,400 $ 2,985,480 Aggregate fixed rate loans 774,614 1,131,603 Aggregate floating rate loans 433,000 291,000 Total Debt $ 4,355,014 $ 4,408,083 Future Principal Payments At June 30, 2017 , the minimum future principal payments due on our secured notes payable and revolving credit facility, excluding any maturity extension options, were as follows (in thousands): Twelve months ending June 30: 2018 $ 351,066 2019 423,548 2020 432,999 2021 295,000 2022 640,000 Thereafter 2,212,401 Total future principal payments $ 4,355,014 Deferred Loan Costs Deferred loan costs are net of accumulated amortization of $15.2 million and $15.4 million at June 30, 2017 and December 31, 2016 respectively. The table below (in thousands) sets forth amortization of deferred loan costs, which is included in Interest Expense in our consolidated statements of operations: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Loan costs expensed $ 376 $ 808 $ 376 $ 827 Deferred loan cost amortization 2,424 1,916 4,522 3,235 Total $ 2,800 $ 2,724 $ 4,898 $ 4,062

Interest Payable, Accounts Paya

Interest Payable, Accounts Payable and Deferred Revenue	6 Months Ended
	Jun. 30, 2017
Accounts Payable and Accrued Liabilities [Abstract]
Interest Payable, Accounts Payable and Deferred Revenue	Interest Payable, Accounts Payable and Deferred Revenue Interest payable, accounts payable and deferred revenue consisted of the following (in thousands): June 30, 2017 December 31, 2016 Interest payable $ 10,966 $ 9,561 Accounts payable and accrued liabilities 51,579 36,880 Deferred revenue 29,819 28,788 Total interest payable, accounts payable and deferred revenue $ 92,364 $ 75,229

Derivative Contracts

Derivative Contracts	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Contracts	Derivative Contracts Derivative Summary As of June 30, 2017 , all of our interest rate swaps, which include the interest rate swaps of our consolidated JVs and our unconsolidated Funds, were designated as cash flow hedges: Number of Interest Rate Swaps Notional (in thousands) Consolidated derivatives (1) 26 $ 3,147,400 Unconsolidated Funds' derivatives (2) 4 $ 510,000 ___________________________________________________ (1) The notional amount includes 100% , not our pro-rata share, of our consolidated JVs' derivatives. (2) The notional amount includes 100% , not our pro-rata share, of our unconsolidated Funds' derivatives. Credit-risk-related Contingent Features We have agreements with each of our interest rate swap counterparties that contain a provision under which we could also be declared in default on our derivative obligations if we default on the underlying indebtedness that we are hedging. As of June 30, 2017 , there have been no events of default with respect to our interest rate swaps or our unconsolidated Funds' interest rate swaps. We do not post collateral for our swaps in a liability position. The fair value of our interest rate swaps in a liability position were as follows (in thousands): Fair value of derivatives in a liability position (1) June 30, 2017 December 31, 2016 Consolidated derivatives (2) $ 4,165 $ 7,689 Unconsolidated Funds' derivatives (3) $ — $ — __________________________________________________________________________________ (1) Includes accrued interest and excludes adjustments for credit risk. (2) Includes 100% , not our pro-rata share, of our consolidated JVs' derivatives. (3) Our unconsolidated Funds did not have any derivatives in a liability position. Counterparty Credit Risk We are also subject to credit risk from the counterparties on our interest rate swap and interest rate cap contracts. We seek to minimize our credit risk by entering into agreements with a variety of high quality counterparties with investment grade ratings. We do not receive collateral for our swaps in an asset position. The fair value of our interest rate swaps in an asset position were as follows (in thousands): Fair value of derivatives in an asset position (1) June 30, 2017 December 31, 2016 Consolidated derivatives (2) $ 36,764 $ 35,144 Unconsolidated Funds' derivatives (3) $ 4,506 $ 3,724 ___________________________________________________ (1) Includes accrued interest and excludes adjustments for credit risk. (2) Includes 100% , not our pro-rata share, of our consolidated JVs' derivatives. (3) Includes 100% , not our pro-rata share, of our unconsolidated Funds' derivatives. Impact of Hedges on AOCI and Consolidated Statements of Operations The table below presents (in thousands) the effect of derivative instruments on our AOCI and statements of operations: Six Months Ended June 30, 2017 2016 Derivatives Designated as Cash Flow Hedges: Loss recorded in AOCI - Consolidated derivatives (1)(5) $ (4,016 ) $ (50,142 ) Gain (loss) recorded in AOCI - unconsolidated Funds' derivatives (2)(5) $ 867 $ (1,149 ) Loss reclassified from AOCI - Consolidated derivatives (3)(5) $ (8,955 ) $ (15,569 ) Gain (loss) reclassified from AOCI - unconsolidated Funds' derivatives (4)(5) $ 170 $ (224 ) Gain recorded - Consolidated derivatives (6) $ 25 $ — Derivatives Not Designated as Cash Flow Hedges: Gain (loss) recorded as interest expense (7) $ — $ — ___________________________________________________ (1) Represents the effective portion of the change in fair value of interest rate swaps. (2) Represents our share of the effective portion of the change in fair value of our unconsolidated Funds' interest rate swaps. (3) Reclassified from AOCI as an increase to Interest expense. (4) Reclassified from AOCI as a increase (decrease) to Income, including depreciation, from unconsolidated real estate funds (our share). (5) See the reconciliation of our AOCI in Note 10 . (6) Represents the ineffective portion of the change in fair value of interest rate swaps, which is recorded as a reduction (increase) to interest expense. Our unconsolidated Funds did not have any ineffectiveness related to their interest rate swaps. (7) We and our unconsolidated Funds do not have any derivatives that are not designated as cash flow hedges. Future Reclassifications from AOCI At June 30, 2017 , our estimate of the AOCI related to derivatives, designated as cash flow hedges, that will be reclassified to earnings during the next twelve months as swap interest payments are made, is presented in the table below (in thousands): Consolidated derivatives (1) $ 2,501 Unconsolidated Funds' derivatives (2) $ 1,043 ________________________________________ (1) Reclassified as an increase to Interest expense. (2) Reclassified as a decrease to Income, including depreciation, from unconsolidated real estate funds.

Equity

Equity	6 Months Ended
	Jun. 30, 2017
Stockholders' Equity Note [Abstract]
Equity	Equity Equity Transactions During the six months ended June 30, 2017 , we (i) acquired 659 thousand OP Units in exchange for issuing an equal number of shares of our common stock to the holders of the OP Units, (ii) issued 1.3 million shares of our common stock for the exercise of 3.9 million stock options on a net settlement basis (net of the exercise price and related taxes) and (iii) issued 9.1 million shares of our common stock under our ATM program for net proceeds of $346.0 million (of which $69.0 million was received shortly after June 30, 2017 ). For information concerning additional sales made under our ATM program which settled subsequent to quarter end, please see Note 17. During the six months ended June 30, 2016 , we (i) formed a JV which acquired the Westwood Portfolio, and an investor contributed $320.0 million directly to the JV for a forty -percent interest, we then sold half of our sixty -percent interest to an investor for $241.1 million , which reduced our interest in the joint venture to thirty -percent, see Note 3 , (ii) acquired 869 thousand OP Units in exchange for issuing an equal number of shares of our common stock to the holders of the OP Units, (iii) acquired 25 thousand OP Units for $826 thousand in cash and (iv) issued 1.4 million shares of our common stock for the exercise of 7.5 million stock options on a net settlement basis (net of the exercise price and related taxes). Condensed Consolidated Statements of Equity The tables below present (in thousands) our condensed consolidated statements of equity: DEI Stockholders' Equity Noncontrolling Interests Total Equity Balance as of January 1, 2017 $ 1,921,143 $ 1,092,928 $ 3,014,071 Net income 39,293 4,640 43,933 Cash flow hedge fair value adjustments 5,715 (79 ) 5,636 Contributions to consolidated JVs — 188,248 188,248 Dividends and distributions (72,194 ) (19,202 ) (91,396 ) Exchange of OP units for common stock 8,856 (8,856 ) — Exercise of stock options (1) (52,704 ) — (52,704 ) Stock-based compensation — 5,786 5,786 Sale of common stock, net of offering costs 276,961 — 276,961 Balance as of June 30, 2017 $ 2,127,070 $ 1,263,465 $ 3,390,535 DEI Stockholders' Equity Noncontrolling Interests Total Equity Balance as of January 1, 2016 $ 1,926,211 $ 355,337 $ 2,281,548 Net income 33,848 3,978 37,826 Cash flow hedge fair value adjustments (27,707 ) (7,791 ) (35,498 ) Contributions to consolidated JV — 320,000 320,000 Sale of equity interest in consolidated JV — 239,971 239,971 Dividends and distributions (65,251 ) (16,787 ) (82,038 ) Exchange of OP units for common stock 11,458 (11,458 ) — Repurchase of OP units (498 ) (328 ) (826 ) Exercise of stock options (1) (52,449 ) — (52,449 ) Stock-based compensation — 5,187 5,187 Balance as of June 30, 2016 $ 1,825,612 $ 888,109 $ 2,713,721 __________________________________________________ (1) Reflects withholding taxes. We issued shares of our common stock for the exercise of stock options on a net settlement basis (net of the exercise price and related taxes). Noncontrolling Interests Our noncontrolling interests consist of interests in our Operating Partnership and consolidated JVs which are not owned by us. Noncontrolling interests in our Operating Partnership consist of OP Units and fully-vested LTIP Units, and represented approximately 13% of our Operating Partnership's total interests as of June 30, 2017 when we and our Operating Partnership had 160.7 million shares of common stock and 25.0 million OP Units and fully-vested LTIP Units outstanding. A share of our common stock, an OP Unit and an LTIP Unit (once vested and booked up) have essentially the same economic characteristics, sharing equally in the distributions from our Operating Partnership. Investors who own OP Units have the right to cause our Operating Partnership to redeem their OP Units for an amount of cash per unit equal to the market value of one share of our common stock at the date of redemption, or, at our election, exchange their OP Units for shares of our common stock on a one-for-one b asis. LTIP Units have been granted to our key employees and non-employee directors as part of their compensation. These awards generally vest over the service period and once vested can generally be converted to OP Units. Changes in our Ownership Interest in our Operating Partnership The table below presents (in thousands) the effect on our equity from net income attributable to common stockholders and changes in our ownership interest in our Operating Partnership: Six Months Ended June 30, 2017 2016 Net income attributable to common stockholders $ 39,293 $ 33,848 Transfers from noncontrolling interests: Exchange of OP Units with noncontrolling interests 8,856 11,458 Repurchase of OP Units from noncontrolling interests — (498 ) Net transfers from noncontrolling interests 8,856 10,960 Change from net income attributable to common stockholders and transfers from noncontrolling interests $ 48,149 $ 44,808 AOCI Reconciliation (1) The table below presents (in thousands) a reconciliation of our AOCI, which consists solely of adjustments related to derivatives designated as cash flow hedges for the six months ended June 30 : 2017 2016 Beginning balance $ 15,156 $ (9,285 ) Other comprehensive loss before reclassifications - our derivatives (4,016 ) (50,142 ) Other comprehensive income (loss) before reclassifications - our Fund's derivatives 867 (1,149 ) Reclassifications from AOCI - our derivatives (2) 8,955 15,569 Reclassifications from AOCI - our Fund's derivatives (3) (170 ) 224 Net current period OCI 5,636 (35,498 ) Add OCI attributable to noncontrolling interests 79 7,791 OCI attributable to common stockholders 5,715 (27,707 ) Ending balance $ 20,871 $ (36,992 ) ___________________________________________________ (1) See Note 9 for the details of our derivatives and Note 12 for our derivative fair value disclosures. (2) Reclassification as an increase to Interest expense. (3) Reclassification as an (increase) decrease to Income, including depreciation, from unconsolidated real estate funds. Equity Compensation On June 2, 2016, the Douglas Emmett 2016 Omnibus Stock Incentive Plan ("2016 Plan") became effective after receiving stockholder approval, superseding our prior plan, the Douglas Emmett 2006 Omnibus Stock Incentive Plan ("2006 Plan"), both of which allow for awards to our directors, officers, employees and consultants. The key terms of the two plans are substantially identical, except for the date of expiration, the number of shares authorized for grants and various technical provisions. Grants after June 2, 2016 were awarded under the 2016 Plan, while grants prior to that date were awarded under the 2006 Plan (grants under the 2006 Plan remain outstanding according to their terms). Both plans are administered by the compensation committee of our board of directors. Total net stock-based compensation expense was $2.6 million and $2.4 million for the three months ended June 30, 2017 and 2016 , and $5.3 million and $4.7 million for the six months ended June 30, 2017 and 2016 respectively. These amounts are net of capitalized stock-based compensation of $247 thousand and $231 thousand for the three months ended June 30, 2017 and 2016 , and $475 thousand and $448 thousand for the six months ended June 30, 2017 and 2016 respectively. The total intrinsic value of options exercised during the three months ended June 30, 2016 was $100.8 million , and $102.1 million and $101.9 million during the six months ended June 30, 2017 and 2016 , respectively.

EPS

EPS	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
EPS	EPS We calculate basic EPS by dividing the net income attributable to common stockholders for the period by the weighted average number of common shares outstanding during the period. We calculate diluted EPS by dividing the net income attributable to common stockholders for the period by the weighted average number of common shares and dilutive instruments outstanding during the period using the treasury stock method. We account for unvested LTIP awards that contain nonforfeitable rights to dividends as participating securities and include these securities in the computation of basic and diluted EPS using the two-class method. The table below presents the calculation of basic and diluted EPS: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Numerator (in thousands): Net income attributable to common stockholders $ 20,244 $ 18,482 $ 39,293 $ 33,848 Allocation to participating securities: Unvested LTIP Units (97 ) (101 ) (196 ) (184 ) Numerator for basic and diluted net income attributable to common stock holders $ 20,147 $ 18,381 $ 39,097 $ 33,664 Denominator (in thousands): Weighted average shares of common stock outstanding - basic 155,898 147,722 154,203 147,479 Effect of dilutive securities: Stock options (1) 54 5,083 607 4,687 Weighted average shares of common stock and common stock equivalents outstanding - diluted 155,952 152,805 154,810 152,166 Basic EPS: Net income attributable to common stockholders per share $ 0.129 $ 0.124 $ 0.254 $ 0.228 Diluted EPS: Net income attributable to common stockholders per share $ 0.129 $ 0.120 $ 0.253 $ 0.221 ____________________________________________________ (1) The following securities (in thousands) were excluded from the computation of the weighted average shares of common stock and common stock equivalents outstanding - diluted because the effect of including them would be anti-dilutive to the calculation of diluted EPS: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 OP Units 24,797 25,114 24,730 25,331 Vested LTIP Units 313 807 536 811

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Our estimates of the fair value of financial instruments were determined using available market information and widely used valuation methods. Considerable judgment is necessary to interpret market data and determine an estimated fair value. The use of different market assumptions or valuation methods may have a material effect on the estimated fair values. The FASB fair value framework hierarchy distinguishes between assumptions based on market data obtained from sources independent of the reporting entity, and the reporting entity’s own assumptions about market-based inputs. The hierarchy is as follows: Level 1 - inputs utilize unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 - inputs are observable either directly or indirectly for similar assets and liabilities in active markets. Level 3 - inputs are unobservable assumptions generated by the reporting entity As of June 30, 2017 , we did not have any fair value estimates of financial instruments using Level 3 inputs. Financial instruments disclosed at fair value Short term financial instruments: The carrying amounts for cash and cash equivalents, tenant receivables, revolving credit line, interest payable, accounts payable, security deposits and dividends payable approximate fair value because of the short-term nature of these instruments. Secured notes payable: See Note 7 for the details of our secured notes payable. We estimate the fair value of our secured notes payable, which includes the secured notes payable of our consolidated JVs, by calculating the credit-adjusted present value of the principal and interest payments for each secured note payable. The calculation incorporates observable market interest rates which we consider to be Level 2 inputs, assumes that the loans will be outstanding through maturity, and excludes any maturity extension options. The table below presents (in thousands) the estimated fair value of our secured notes payable: Secured Notes Payable: June 30, 2017 December 31, 2016 Fair value $ 4,355,289 $ 4,429,224 Carrying value $ 4,355,014 $ 4,408,083 Financial instruments measured at fair value Derivative instruments: See Note 9 for the details of our derivatives. We present our derivatives on the balance sheet at fair value, on a gross basis, excluding accrued interest. We estimate the fair value of our derivative instruments by calculating the credit-adjusted present value of the expected future cash flows of each derivative. The calculation incorporates the contractual terms of the derivatives, observable market interest rates which we consider to be Level 2 inputs, and credit risk adjustments to reflect the counterparty's as well as our own nonperformance risk. Our derivatives are not subject to master netting arrangements. The table below presents (in thousands) the estimated fair value of our derivatives: June 30, 2017 December 31, 2016 Derivative Assets: Fair value - consolidated derivatives (1) $ 37,092 $ 35,656 Fair value - unconsolidated Funds' derivatives (2) $ 4,526 $ 3,605 Derivative Liabilities: Fair value - consolidated derivatives (1) $ 3,353 $ 6,830 Fair value - unconsolidated Funds' derivatives (2) $ — $ — ____________________________________________________ (1) Consolidated derivatives, which include 100% , not our pro-rata share, of our consolidated JVs' derivatives, are included in interest rate contracts in our consolidated balance sheet. The fair value excludes accrued interest which is included in interest payable in the consolidated balance sheet. (2) Represents 100% , not our pro-rata share, of our unconsolidated Funds' derivatives. Our pro-rata share of the amounts related to the unconsolidated Funds' derivatives is included in our Investment in unconsolidated real estate funds in our consolidated balance sheet. See Note 5 for more information regarding our unconsolidated Funds.

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting Segment information is prepared on the same basis that our management reviews information for operational decision-making purposes. We operate in two business segments: (i) the acquisition, development, ownership and management of office real estate and (ii) the acquisition, development, ownership and management of multifamily real estate. The services for our office segment primarily include rental of office space and other tenant services, including parking and storage space rental. The services for our multifamily segment include rental of apartments and other tenant services, including parking and storage space rental. Asset information by segment is not reported because we do not use this measure to assess performance or make decisions to allocate resources. Therefore, depreciation and amortization expense is not allocated among segments. General and administrative expenses and interest expense are not included in segment profit as our internal reporting addresses these items on a corporate level. Segment profit is not a measure of operating income or cash flows from operating activities as measured by GAAP, it is not indicative of cash available to fund cash needs, and it should not be considered as an alternative to cash flows as a measure of liquidity. Not all companies may calculate segment profit in the same manner. We consider segment profit to be an appropriate supplemental measure to net income because it can assist both investors and management in understanding the core operations of our properties. The table below presents (in thousands) the operating activity of our reportable segments: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Office Segment Total office revenues $ 175,542 $ 163,096 $ 345,890 $ 307,475 Office expenses (57,887 ) (53,381 ) (112,772 ) (101,264 ) Office Segment profit 117,655 109,715 233,118 206,211 Multifamily Segment Total multifamily revenues 24,090 24,119 48,223 48,312 Multifamily expenses (5,878 ) (5,341 ) (11,825 ) (11,372 ) Multifamily Segment profit 18,212 18,778 36,398 36,940 Total profit from all segments $ 135,867 $ 128,493 $ 269,516 $ 243,151 The table below (in thousands) is a reconciliation of the total profit from all segments to net income attributable to common stockholders: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Total profit from all segments $ 135,867 $ 128,493 $ 269,516 $ 243,151 General and administrative (8,592 ) (9,403 ) (18,748 ) (17,474 ) Depreciation and amortization (68,793 ) (62,568 ) (136,167 ) (118,120 ) Other income 2,331 2,143 4,493 4,232 Other expenses (1,773 ) (1,908 ) (3,497 ) (4,912 ) Income, including depreciation, from unconsolidated real estate funds 1,113 1,644 3,290 3,230 Interest expense (38,000 ) (37,703 ) (74,954 ) (73,363 ) Income before gains 22,153 20,698 43,933 36,744 Gains on sales of investments in real estate — 1,082 — 1,082 Net income 22,153 21,780 43,933 37,826 Less: Net income attributable to noncontrolling interests (1,909 ) (3,298 ) (4,640 ) (3,978 ) Net income attributable to common stockholders $ 20,244 $ 18,482 $ 39,293 $ 33,848

Future Minimum Lease Rental Rec

Future Minimum Lease Rental Receipts	6 Months Ended
	Jun. 30, 2017
Operating Leases, Future Minimum Payments Receivable [Abstract]
Future Minimum Lease Rental Receipts	Future Minimum Lease Rental Receipts We lease space to tenants primarily under non-cancelable operating leases that generally contain provisions for a base rent plus reimbursement of certain operating expenses, and we own fee interests in two parcels of land subject to ground leases from which we earn ground rent income. The table below presents (in thousands) the future minimum base rentals on our non-cancelable office tenant and ground leases at June 30, 2017 : Twelve months ending June 30: 2018 $ 511,514 2019 455,813 2020 400,478 2021 325,631 2022 244,806 Thereafter 633,145 Total future minimum base rentals (1) $ 2,571,387 _____________________________________________________ (1) Does not include (i) residential leases, which typically have a term of one year or less, (ii) holdover rent, (iii) other types of rent such as storage rent and antenna rent, (iv) tenant reimbursements, (v) straight line rent, (vi) amortization/accretion of acquired above/below-market lease intangibles and (vii) percentage rents. The amounts assume that early termination options held by tenants are not exercised.

Future Minimum Lease Rental Pay

Future Minimum Lease Rental Payments	6 Months Ended
	Jun. 30, 2017
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Future Minimum Lease Rental Payments	Future Minimum Lease Rental Payments We incurred ground rent expense for a ground lease of $183 thousand for the three months ended June 30, 2017 and 2016 and $366 thousand for the six months ended June 30, 2017 and 2016 . The table below (in thousands) presents the future minimum ground lease payments as of June 30, 2017 : Twelve months ending June 30: 2018 $ 733 2019 733 2020 733 2021 733 2022 733 Thereafter 47,277 Total future minimum lease payments (1) $ 50,942 ___________________________________________________ (1) Lease term ends on December 31, 2086 . Ground rent is fixed at $733 thousand per year until February 28, 2019 , and will then reset to the greater of the existing ground rent or market. The table above assumes that the rental payments will continue to be $733 thousand per year after February 28, 2019 .

Commitments, Contingencies and

Commitments, Contingencies and Guarantees	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Guarantees	Commitments, Contingencies and Guarantees Legal Proceedings From time to time, we are party to various lawsuits, claims and other legal proceedings that arise in the ordinary course of our business. Excluding ordinary, routine litigation incidental to our business, we are not currently a party to any legal proceedings that we believe would reasonably be expected to have a materially adverse effect on our business, financial condition or results of operations. Concentration of Risk We are subject to credit risk with respect to our tenant receivables and deferred rent receivables related to our tenant leases. Our tenants' ability to honor the terms of their respective leases remains dependent upon economic, regulatory and social factors. We seek to minimize our credit risk from our tenant leases by (i) targeting smaller, more affluent tenants, from a diverse mix of industries, (ii) performing credit evaluations of prospective tenants and (iii) obtaining security deposits or letters of credit from our tenants. For the six months ended June 30, 2017 and 2016 , no tenant accounted for more than 10% of our total revenues. All of our properties, including the properties of our consolidated JVs and unconsolidated Funds, are located in Los Angeles County, California and Honolulu, Hawaii, and we are therefore susceptible to adverse economic and regulatory developments, as well as natural disasters, in those markets. We are also subject to credit risk with respect to our interest rate swap counterparties that we use to manage the risk associated with our floating rate debt. We do not post or receive collateral with respect to our swap transactions. See Note 9 for the details of our interest rate contracts. We seek to minimize our credit risk by entering into agreements with a variety of high quality counterparties with investment grade ratings. We have significant cash balances invested in a variety of short-term money market funds that are intended to preserve principal value and maintain a high degree of liquidity while providing current income. These investments are not insured against loss of principal and there is no guarantee that our investments in these funds will be redeemable at par value. We also have significant cash balances in bank accounts with high quality financial institutions with investment grade ratings. Interest bearing bank accounts at each U.S. banking institution are insured by the FDIC up to $250 thousand . Asset Retirement Obligations Conditional asset retirement obligations represent a legal obligation to perform an asset retirement activity in which the timing and/or method of settlement is conditional on a future event that may or may not be within our control. A liability for a conditional asset retirement obligation must be recorded if the fair value of the obligation can be reasonably estimated. Environmental site assessments have identified twenty-six buildings in our Consolidated Portfolio and four buildings owned by our unconsolidated Funds which contain asbestos, and would have to be removed in compliance with applicable environmental regulations if these properties are demolished or undergo major renovations. As of June 30, 2017 , the obligations to remove the asbestos from these properties have indeterminable settlement dates, and we are unable to reasonably estimate the fair value of the associated conditional asset retirement obligation. Development Contracts During the first quarter of 2016, we commenced building an additional 475 apartments (net of existing apartments removed) at our Moanalua Hillside Apartments in Honolulu, Hawaii. The $120.0 million estimated cost of the new apartments does not include the cost of the land which we already owned before beginning the project. We also plan to invest additional capital to upgrade the existing apartments, improve the parking and landscaping, build a new leasing and management office, and construct a new recreation and fitness facility with a new pool. In West Los Angeles, we plan to build a high-rise apartment building with 376 apartments. We expect the cost of the development to be approximately $120.0 million to $140.0 million , which does not include the cost of the land or the existing underground parking garage, both of which we owned before beginning the project. As of June 30, 2017 , we had an aggregate remaining contractual commitment for these development projects of approximately $84.7 million . Other Contracts As of June 30, 2017 , we had an aggregate remaining contractual commitment for capital expenditure projects and repositionings of approximately $9.6 million . Guarantees We made certain environmental and other limited indemnities and guarantees covering customary non-recourse carve- outs for our unconsolidated Funds' debt. We also guaranteed the related swaps. Our Funds have agreed to indemnify us for any amounts that we would be required to pay under these agreements. As of June 30, 2017 , all of the obligations under the related debt and swap agreements have been performed in accordance with the terms of those agreements. The table below summarizes our Funds' debt as of June 30, 2017 . The amounts represent 100% (not our pro-rata share) of amounts related to our Funds: Fund (1) Loan Maturity Date Principal Balance (in millions) Variable Interest Rate Swap Fixed Interest Rate Swap Maturity Date Partnership X (2)(4) 3/1/2023 $ 110.0 LIBOR + 1.40% 2.30% 3/1/2021 Fund X (3)(4)(5) 7/1/2024 400.0 LIBOR + 1.65% 3.44% 7/1/2022 $ 510.0 ___________________________________________________ (1) See Note 5 for more information regarding our unconsolidated Funds. (2) Floating rate term loan, swapped to fixed, which is secured by two properties and requires monthly payments of interest only, with the outstanding principal due upon maturity. As of June 30, 2017 , assuming a zero-percent LIBOR interest rate during the remaining life of the swap, the maximum future payments under the swap agreement were $3.7 million . (3) Floating rate term loan, swapped to fixed, which is secured by six properties and requires monthly payments of interest only, with the outstanding principal due upon maturity. As of June 30, 2017 , assuming a zero-percent LIBOR interest rate during the remaining life of the swap, the maximum future payments under the swap agreement were $36.3 million . (4) Loan agreement includes a zero-percent LIBOR floor. The corresponding swaps do not include such a floor. (5) Loan agreement includes the requirement to purchase an interest rate cap if one month LIBOR equals or exceeds 3.56% for fourteen consecutive days after the related swap matures.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On July 20, 2017, a consolidated JV that we manage and in which we own a twenty -percent interest acquired a 171,000 square foot Class A office property located at 9665 Wilshire Boulevard in Beverly Hills, California for a purchase price of $177.0 million . The JV financed a portion of the purchase price with a $77.5 million secured, non–recourse, interest only loan that matures in July 2019 and bears interest at LIBOR + 1.55% . During July 2017, we settled the sale of 1.8 million shares of our common stock under our ATM program for net proceeds of $69.0 million , completing that program.

Summary Of Significant Accoun24

Summary Of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying financial statements are the consolidated financial statements of Douglas Emmett, Inc. and its subsidiaries, including our Operating Partnership and our consolidated JVs. All significant intercompany balances and transactions have been eliminated in our consolidated financial statements.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make certain estimates that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates.
Income Taxes	Income Taxes We have elected to be taxed as a REIT under the Code. Provided that we qualify for taxation as a REIT, we are generally not subject to corporate-level income tax on the earnings distributed currently to our stockholders that we derive from our REIT qualifying activities. We are subject to corporate-level tax on the earnings that we derive through our TRS.
New Accounting Pronouncements	New Accounting Pronouncements Changes to GAAP are established by the FASB in the form of ASUs. We consider the applicability and impact of all ASUs. Recently Issued Accounting Pronouncements In May 2017, the FASB issued ASU No. 2017-09, "Scope of Modification Accounting" which amends "Compensation-Stock Compensation" (Topic 718). The ASU provides guidance regarding the application of modification accounting in Topic 718 when there are changes to the terms or conditions of a share-based payment award. The ASU is effective for annual and interim periods beginning after December 15, 2017, which for us would be the first quarter of 2018, and early adoption is permitted. The ASU amendments are required to be applied on a prospective basis. We do not expect the ASU to have a material impact on our financial statements. In February 2016, the FASB issued ASU No. 2016-02, "Leases" (Topic 842). The primary difference between Topic 842 and current GAAP is the recognition of lease assets and liabilities by lessees for leases classified as operating leases under current GAAP. The accounting applied by lessors is largely unchanged from current GAAP, for example, the vast majority of operating leases will remain classified as operating leases, and lessors will continue to recognize lease income for those leases on a straight-line basis over the lease term. Topic 842 requires an entity to separate the lease components from the non-lease components (for example, maintenance services or other activities that transfer a good or service to the customer) in a contract. Only the lease components must be accounted for in accordance with Topic 842. The consideration in the contract is allocated to the lease and non-lease components on a relative standalone price basis for lessees, or in accordance with the allocation guidance in Topic 606 for lessors. Topic 842 defines initial direct costs of a lease (which may be capitalized) as costs that would not have been incurred had the lease not been executed. Costs to negotiate a lease that would have been incurred regardless of whether the lease was executed, such as fixed employee salaries, are not considered to be initial direct costs, and may not be capitalized. The ASU is effective for annual and interim periods beginning after December 15, 2018, which for us would be the first quarter of 2019, and early adoption is permitted. We are currently evaluating the impact of this ASU. In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" (Topic 606), which provides guidance for the accounting of revenue from contracts with customers. The guidance supersedes the revenue recognition requirements in Topic 605, "Revenue Recognition", and most industry-specific guidance throughout the Industry Topics of the Codification. In August 2015, the FASB issued ASU No. 2015-14, which defers the effective date of ASU No. 2014-09 by one year. In March 2016, the FASB issued ASU No. 2016-08, "Principal versus Agent Considerations (Reporting Revenue Gross versus Net)" which amends Topic 606 and clarifies the guidance for principal versus agent considerations. In April 2016, the FASB issued ASU No. 2016-10, "Identifying Performance Obligations and Licensing" which amends Topic 606 and provides guidance for identifying performance obligations and licensing. In May 2016, the FASB issued ASU No. 2016-12, "Narrow-Scope Improvements and Practical Expedients" which amends Topic 606 and provides guidance for a variety of revenue recognition related topics. In February 2017, the FASB issued ASU No. 2017-05 "Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets" (Subtopic 610-20), which provides guidance for recognizing gains and losses from the transfer of nonfinancial assets in contracts with noncustomers. The various ASU's are effective for annual and interim periods beginning after December 15, 2017, which for us is the first quarter of 2018. Earlier application is permitted for annual and interim periods beginning after December 15, 2016, which for us was the first quarter of 2017. The amendments in these ASU's should be applied retrospectively. We are not planning on early adopting the ASU's and we expect to use the modified retrospective method of adoption. We are currently evaluating the impact to our accounting, particularly with respect to our tenant recovery revenues, and whether such changes will be material to our future results of operations and financial position. As noted above, ASU No. 2016-02 "Leases" requires that non-lease components such as tenant recovery revenues be accounted for in accordance with ASU No. 2014-09, which means that the classification and timing of our tenant recovery revenues could be impacted. The FASB has not issued any other ASUs during 2017 that we expect to be applicable and have a material impact on our financial statements.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Our estimates of the fair value of financial instruments were determined using available market information and widely used valuation methods. Considerable judgment is necessary to interpret market data and determine an estimated fair value. The use of different market assumptions or valuation methods may have a material effect on the estimated fair values. The FASB fair value framework hierarchy distinguishes between assumptions based on market data obtained from sources independent of the reporting entity, and the reporting entity’s own assumptions about market-based inputs. The hierarchy is as follows: Level 1 - inputs utilize unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 - inputs are observable either directly or indirectly for similar assets and liabilities in active markets. Level 3 - inputs are unobservable assumptions generated by the reporting entity

Overview (Tables)

Overview (Tables)	6 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Real Estate Properties	As of June 30, 2017 , our portfolio of properties consisted of the following properties (not including two parcels of land from which we receive rent under ground leases): Consolidated Portfolio Total Portfolio Office (includes ancillary retail space) Wholly-owned properties 52 52 Consolidated JV properties 9 9 Unconsolidated Fund properties — 8 61 69 Multifamily Wholly-owned properties 10 10 Total 71 79

Investment in Real Estate (Tabl

Investment in Real Estate (Tables)	6 Months Ended
	Jun. 30, 2017
Santa Monica Properties [Member]
Real Estate Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The table below (in thousands) summarizes our purchase price allocations for the acquisitions. The difference between the total contract price and respective purchase prices below relates to prorations and similar matters: 1299 Ocean 429 Santa Monica Building square footage 206 87 Investment in real estate: Land $ 22,748 $ 4,949 Buildings and improvements 260,188 69,286 Tenant improvements and lease intangibles 5,010 3,248 Acquired above and below-market leases, net (10,683 ) (723 ) Net assets and liabilities acquired $ 277,263 $ 76,760
Westwood Portfolio [Member]
Real Estate Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The table below (in thousands) summarizes our purchase accounting and funding sources for the acquisition: Sources and Uses of Funds Actual at Closing (1) Pro Forma Sell Down Adjustments (2) Pro Forma Building square footage 1,725 1,725 Uses of funds - Investment in real estate: Land $ 94,996 $ 94,996 Buildings and improvements 1,236,786 1,236,786 Tenant improvements and lease intangibles 50,439 50,439 Acquired above and below-market leases, net (3) (49,708 ) (49,708 ) Net assets and liabilities acquired (4) $ 1,332,513 $ 1,332,513 Source of funds: Cash on hand (5) $ 153,745 $ — $ 153,745 Credit facility (6) 290,000 (240,000 ) 50,000 Non-recourse term loan, net (7) 568,768 — 568,768 Noncontrolling interests 320,000 240,000 560,000 Total source of funds $ 1,332,513 $ — $ 1,332,513 ________________________________________________ (1) Reflects the purchase of the Westwood Portfolio on the Acquisition Date when we contributed sixty -percent of the equity to the consolidated JV. (2) Reflects our sale of thirty -percent of the equity in the JV on the Sell Down Date, presented as of the Acquisition Date, treated as in-substance real estate, which reduced our ownership interest in the JV to thirty -percent. We sold the interest for the $240.0 million we contributed plus an additional $1.1 million to compensate us for our costs of holding the investment. We recognized a gain on the sale of $1.1 million . We used the proceeds from the sale to pay down the balance owed on our revolving credit facility. (3) As of the Acquisition Date, the weighted average remaining life of the acquired above-and below-market leases was approximately 4.4 years . (4) The difference between the contract and purchase price related to credits received for prorations and similar matters. (5) Cash paid included a $75.0 million deposit, $67.5 million paid at closing and $11.2 million spent on loan costs in connection with securing the $580.0 million term loan. (6) Reflects borrowings using the Company's credit facility, which bears interest at LIBOR + 1.40% . (7) Reflects 100% (not the Company's pro rata share) of a $580.0 million interest-only non-recourse loan, net of deferred loan costs of $11.2 million incurred to secure the loan. The loan has a seven -year term and is secured by the Westwood Portfolio. Interest on the loan is floating at LIBOR + 1.40% , which has been effectively fixed at 2.37% per annum for five years through interest rate swaps. See Note 7 for information regarding our consolidated debt.
Revenue and Net Income Attributable to Common Stockholders from the Westwood Portfolio	The table below (in thousands) presents the revenues and net income attributable to common stockholders from the Westwood Portfolio included in the consolidated statement of operations after the Acquisition Date: Six Months Ended June 30, 2017 2016 Total office revenues $ 47,805 $ 32,198 Net income attributable to common stockholders (1) $ 3,026 $ 154 ______________________________________________________ (1) Excluding transaction costs, net income attributable to common stockholders was $3.0 million and $2.1 million for the six months ended June 30, 2017 and 2016 , respectively.
Business Acquisition, Pro Forma Information	The table below (in thousands, except per share information) presents the historical results of Douglas Emmett, Inc. and the Westwood Portfolio on a combined basis as if the acquisition was completed on January 1, 2016, based on our thirty -percent ownership interest and includes adjustments that give effect to events that are (i) directly attributable to the acquisition, (ii) expected to have a continuing impact on us, and (iii) are factually supportable. The pro forma reflects the hypothetical impact of the acquisition on us and does not purport to represent what our results of operations would have been had the acquisition occurred on January 1, 2016, or project the results of operations for any future period. The information does not reflect cost savings or operating synergies that may result from the acquisition or the costs to achieve any such potential cost savings or operating synergies. Transaction costs related to the acquisition have been excluded. Six months ended June 30, 2016 Pro forma revenues $ 369,114 Pro forma net income attributable to common stockholders $ 32,698 Pro forma net income attributable to common stockholders per share – basic $ 0.221 Pro forma net income attributable to common stockholders per share – diluted $ 0.214

Acquired Lease Intangibles (Tab

Acquired Lease Intangibles (Tables)	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Summary Of Acquired Lease Intangibles	The table below (in thousands) summarizes our above/below-market leases: June 30, 2017 December 31, 2016 Above-market tenant leases $ 5,196 $ 5,110 Accumulated amortization - above-market tenant leases (2,900 ) (2,379 ) Below-market ground leases 3,198 3,198 Accumulated amortization - below-market ground leases (821 ) (782 ) Acquired lease intangible assets, net $ 4,673 $ 5,147 Below-market tenant leases $ 113,550 $ 104,925 Accumulated accretion - below-market tenant leases (47,386 ) (41,241 ) Above-market ground leases 4,017 16,200 Accumulated accretion - above-market ground leases (535 ) (12,693 ) Acquired lease intangible liabilities, net $ 69,646 $ 67,191
Schedule Of Net Amortization Or Accretion Of Above/Below-Market Leases	The table below (in thousands) summarizes the net amortization/accretion related to our above/below-market leases: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net accretion of above/below-market tenant leases (1) $ 4,275 $ 5,001 $ 8,458 $ 8,296 Amortization of above-market ground lease (2) (4 ) (4 ) (8 ) (8 ) Accretion of above-market ground lease (3) 13 13 26 26 Total $ 4,284 $ 5,010 $ 8,476 $ 8,314 _______________________________________________ (1) Recorded as a net increase to office and multifamily rental revenues. (2) The amortization of the above-market rent we receive under this ground lease is recorded as a decrease to office parking and other income. (3) The accretion of the above-market rent we pay under this ground lease is recorded as a decrease to office expense.

Investments In Unconsolidated28

Investments In Unconsolidated Real Estate Funds (Tables)	6 Months Ended
	Jun. 30, 2017
Real Estate Investments, Net [Abstract]
Summary Of Statement Of Operations For Investments In Unconsolidated Real Estate Funds and Cash Received From Funds	The table below presents (in thousands) cash distributions received from our Funds: Six Months Ended June 30, 2017 2016 Operating distributions received $ 3,290 $ 893 Capital distributions received 39,962 18,839 Total distributions received $ 43,252 $ 19,732 The tables below present (in thousands) selected financial information for the Funds on a combined basis. The amounts presented represent 100% (not our pro-rata share) of amounts related to the Funds, and are based upon historical acquired book value: June 30, 2017 December 31, 2016 Total assets $ 707,282 $ 690,028 Total liabilities $ 524,736 $ 448,544 Total equity $ 182,546 $ 241,484 Six Months Ended June 30, 2017 2016 Total revenues $ 37,071 $ 35,237 Operating income $ 9,723 $ 8,774 Net income $ 2,853 $ 3,163

Other Assets (Tables)

Other Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Other Assets [Abstract]
Schedule Of Other Assets	Other assets consisted of the following (in thousands): June 30, 2017 December 31, 2016 Restricted cash $ 121 $ 121 Prepaid expenses 2,641 6,779 Other indefinite-lived intangible 1,988 1,988 Deposits in escrow 10,000 — Furniture, fixtures and equipment, net 1,144 1,093 Other 2,109 1,933 Total other assets $ 18,003 $ 11,914

Secured Notes Payable and Rev30

Secured Notes Payable and Revolving Credit Facility, Net (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule Of Secured Notes Payable and Revolving Credit Facility	The following table summarizes (in thousands) our secured notes payable and revolving credit facility: Description Maturity Date (1) Principal Balance as of June 30, 2017 Principal Balance as of December 31, 2016 Variable Interest Rate Fixed Interest Rate (2) Swap Maturity Date Wholly Owned Subsidiaries Term Loan (3) — $ — $ 1,000 — — — Term Loan (3) — — 349,933 — — — Fannie Mae Loans (3) — — 388,080 — — — Term Loan (4) 2/1/2019 148,457 149,911 N/A 4.00% — Term Loan (4) 6/5/2019 283,305 285,000 N/A 3.85% — Fannie Mae Loan 10/1/2019 145,000 145,000 LIBOR + 1.25% N/A — Term Loan (4)(5) 3/1/2020 342,852 345,759 N/A 4.46% — Term Loan (6) 4/15/2022 340,000 340,000 LIBOR + 1.40% 2.77% 4/1/2020 Term Loan (6) 7/27/2022 180,000 180,000 LIBOR + 1.45% 3.06% 7/1/2020 Term Loan (6) 11/1/2022 400,000 400,000 LIBOR + 1.35% 2.64% 11/1/2020 Term Loan (6) 6/23/2023 360,000 360,000 LIBOR + 1.55% 2.57% 7/1/2021 Term Loan (6) 12/23/2023 220,000 220,000 LIBOR + 1.70% 3.62% 12/23/2021 Term Loan (6) 1/1/2024 300,000 300,000 LIBOR + 1.55% 3.46% 1/1/2022 Fannie Mae Loan (6) 4/1/2025 102,400 102,400 LIBOR + 1.25% 2.84% 3/1/2020 Fannie Mae Loans (6) 12/1/2025 115,000 115,000 LIBOR + 1.25% 2.76% 12/1/2020 Fannie Mae Loans (6)(7) 6/1/2027 550,000 — LIBOR + 1.37% 3.51% 6/1/2022 Revolving credit facility (8) 8/21/2020 — — LIBOR + 1.40% N/A — Total Wholly Owned Debt 3,487,014 3,682,083 Consolidated JVs Term Loan 7/21/2019 288,000 146,000 LIBOR + 1.55% N/A — Term Loan (6) 2/28/2023 580,000 580,000 LIBOR + 1.40% 2.37% 3/1/2021 Total Consolidated Debt (9) 4,355,014 4,408,083 Deferred loan costs, net (40,877 ) (38,546 ) Total Consolidated Debt, net $ 4,314,137 $ 4,369,537 ___________________________________________________ Except as otherwise noted below, each loan (including our revolving credit facility) is non-recourse and secured by one or more separate collateral pools consisting of one or more properties, and requires monthly payments of interest only with the outstanding principal due upon maturity. (1) Maturity dates include the effect of extension options. (2) Includes the effect of interest rate swaps and excludes the effect of prepaid loan fees. See Note 9 for details of our interest rate swaps. (3) At June 30, 2017 , this loan had been paid off. (4) Requires monthly payments of principal and interest. Principal amortization is based upon a 30 -year amortization schedule. (5) Interest is fixed until March 2018 . (6) Loan agreement includes a zero-percent LIBOR floor. The corresponding swaps do not include such a floor. (7) Effective rate decreases to 3.16% on November 1, 2017 . (8) $400.0 million revolving credit facility. Unused commitment fees range from 0.15% to 0.20% . (9) See Note 12 for our fair value disclosures. Debt Statistics At June 30, 2017 , the weighted average remaining life, including extension options, of our total consolidated term debt (excluding our revolving credit facility) was 5.4 years . For the $3.92 billion of term debt on which the interest rate was fixed under the terms of the loan or a swap, the weighted average (i) remaining life was 5.7 years , (ii) remaining period during which interest was fixed was 3.3 years , (iii) annual interest rate was 3.20% and (iv) effective interest rate was 3.36% (including the non-cash amortization of deferred loan costs). The following table summarizes (in thousands) our fixed and floating rate debt: Principal Balance as of June 30, 2017 Principal Balance as of December 31, 2016 Aggregate swapped to fixed rate loans $ 3,147,400 $ 2,985,480 Aggregate fixed rate loans 774,614 1,131,603 Aggregate floating rate loans 433,000 291,000 Total Debt $ 4,355,014 $ 4,408,083 Future Principal Payments At June 30, 2017 , the minimum future principal payments due on our secured notes payable and revolving credit facility, excluding any maturity extension options, were as follows (in thousands): Twelve months ending June 30: 2018 $ 351,066 2019 423,548 2020 432,999 2021 295,000 2022 640,000 Thereafter 2,212,401 Total future principal payments $ 4,355,014 Deferred Loan Costs Deferred loan costs are net of accumulated amortization of $15.2 million and $15.4 million at June 30, 2017 and December 31, 2016 respectively. The table below (in thousands) sets forth amortization of deferred loan costs, which is included in Interest Expense in our consolidated statements of operations: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Loan costs expensed $ 376 $ 808 $ 376 $ 827 Deferred loan cost amortization 2,424 1,916 4,522 3,235 Total $ 2,800 $ 2,724 $ 4,898 $ 4,062

Interest Payable, Accounts Pa31

Interest Payable, Accounts Payable and Deferred Revenue (Tables)	6 Months Ended
	Jun. 30, 2017
Accounts Payable and Accrued Liabilities [Abstract]
Schedule Of Accounts Payable And Accrued Liabilities	Interest payable, accounts payable and deferred revenue consisted of the following (in thousands): June 30, 2017 December 31, 2016 Interest payable $ 10,966 $ 9,561 Accounts payable and accrued liabilities 51,579 36,880 Deferred revenue 29,819 28,788 Total interest payable, accounts payable and deferred revenue $ 92,364 $ 75,229

Derivative Contracts (Tables)

Derivative Contracts (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Other Derivatives	As of June 30, 2017 , all of our interest rate swaps, which include the interest rate swaps of our consolidated JVs and our unconsolidated Funds, were designated as cash flow hedges: Number of Interest Rate Swaps Notional (in thousands) Consolidated derivatives (1) 26 $ 3,147,400 Unconsolidated Funds' derivatives (2) 4 $ 510,000 ___________________________________________________ (1) The notional amount includes 100% , not our pro-rata share, of our consolidated JVs' derivatives. (2) The notional amount includes 100% , not our pro-rata share, of our unconsolidated Funds' derivatives.
Schedule of Derivative Liabilities at Fair Value	The fair value of our interest rate swaps in a liability position were as follows (in thousands): Fair value of derivatives in a liability position (1) June 30, 2017 December 31, 2016 Consolidated derivatives (2) $ 4,165 $ 7,689 Unconsolidated Funds' derivatives (3) $ — $ — __________________________________________________________________________________ (1) Includes accrued interest and excludes adjustments for credit risk. (2) Includes 100% , not our pro-rata share, of our consolidated JVs' derivatives. (3) Our unconsolidated Funds did not have any derivatives in a liability position.
Schedule of Derivative Assets at Fair Value	The fair value of our interest rate swaps in an asset position were as follows (in thousands): Fair value of derivatives in an asset position (1) June 30, 2017 December 31, 2016 Consolidated derivatives (2) $ 36,764 $ 35,144 Unconsolidated Funds' derivatives (3) $ 4,506 $ 3,724 ___________________________________________________ (1) Includes accrued interest and excludes adjustments for credit risk. (2) Includes 100% , not our pro-rata share, of our consolidated JVs' derivatives. (3) Includes 100% , not our pro-rata share, of our unconsolidated Funds' derivatives.
Effect Of Derivative Instruments On Consolidated Statements Of Operations	The table below presents (in thousands) the effect of derivative instruments on our AOCI and statements of operations: Six Months Ended June 30, 2017 2016 Derivatives Designated as Cash Flow Hedges: Loss recorded in AOCI - Consolidated derivatives (1)(5) $ (4,016 ) $ (50,142 ) Gain (loss) recorded in AOCI - unconsolidated Funds' derivatives (2)(5) $ 867 $ (1,149 ) Loss reclassified from AOCI - Consolidated derivatives (3)(5) $ (8,955 ) $ (15,569 ) Gain (loss) reclassified from AOCI - unconsolidated Funds' derivatives (4)(5) $ 170 $ (224 ) Gain recorded - Consolidated derivatives (6) $ 25 $ — Derivatives Not Designated as Cash Flow Hedges: Gain (loss) recorded as interest expense (7) $ — $ — ___________________________________________________ (1) Represents the effective portion of the change in fair value of interest rate swaps. (2) Represents our share of the effective portion of the change in fair value of our unconsolidated Funds' interest rate swaps. (3) Reclassified from AOCI as an increase to Interest expense. (4) Reclassified from AOCI as a increase (decrease) to Income, including depreciation, from unconsolidated real estate funds (our share). (5) See the reconciliation of our AOCI in Note 10 . (6) Represents the ineffective portion of the change in fair value of interest rate swaps, which is recorded as a reduction (increase) to interest expense. Our unconsolidated Funds did not have any ineffectiveness related to their interest rate swaps. (7) We and our unconsolidated Funds do not have any derivatives that are not designated as cash flow hedges.
Schedule of Future Reclassifications from AOCI	At June 30, 2017 , our estimate of the AOCI related to derivatives, designated as cash flow hedges, that will be reclassified to earnings during the next twelve months as swap interest payments are made, is presented in the table below (in thousands): Consolidated derivatives (1) $ 2,501 Unconsolidated Funds' derivatives (2) $ 1,043 ________________________________________ (1) Reclassified as an increase to Interest expense. (2) Reclassified as a decrease to Income, including depreciation, from unconsolidated real estate funds.

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2017
Stockholders' Equity Note [Abstract]
Condensed Consolidated Statements Of Equity	The tables below present (in thousands) our condensed consolidated statements of equity: DEI Stockholders' Equity Noncontrolling Interests Total Equity Balance as of January 1, 2017 $ 1,921,143 $ 1,092,928 $ 3,014,071 Net income 39,293 4,640 43,933 Cash flow hedge fair value adjustments 5,715 (79 ) 5,636 Contributions to consolidated JVs — 188,248 188,248 Dividends and distributions (72,194 ) (19,202 ) (91,396 ) Exchange of OP units for common stock 8,856 (8,856 ) — Exercise of stock options (1) (52,704 ) — (52,704 ) Stock-based compensation — 5,786 5,786 Sale of common stock, net of offering costs 276,961 — 276,961 Balance as of June 30, 2017 $ 2,127,070 $ 1,263,465 $ 3,390,535 DEI Stockholders' Equity Noncontrolling Interests Total Equity Balance as of January 1, 2016 $ 1,926,211 $ 355,337 $ 2,281,548 Net income 33,848 3,978 37,826 Cash flow hedge fair value adjustments (27,707 ) (7,791 ) (35,498 ) Contributions to consolidated JV — 320,000 320,000 Sale of equity interest in consolidated JV — 239,971 239,971 Dividends and distributions (65,251 ) (16,787 ) (82,038 ) Exchange of OP units for common stock 11,458 (11,458 ) — Repurchase of OP units (498 ) (328 ) (826 ) Exercise of stock options (1) (52,449 ) — (52,449 ) Stock-based compensation — 5,187 5,187 Balance as of June 30, 2016 $ 1,825,612 $ 888,109 $ 2,713,721 __________________________________________________ (1) Reflects withholding taxes. We issued shares of our common stock for the exercise of stock options on a net settlement basis (net of the exercise price and related taxes).
Net Income Attributable To Common Stockholders And Transfers (To) From Noncontrolling Interests	The table below presents (in thousands) the effect on our equity from net income attributable to common stockholders and changes in our ownership interest in our Operating Partnership: Six Months Ended June 30, 2017 2016 Net income attributable to common stockholders $ 39,293 $ 33,848 Transfers from noncontrolling interests: Exchange of OP Units with noncontrolling interests 8,856 11,458 Repurchase of OP Units from noncontrolling interests — (498 ) Net transfers from noncontrolling interests 8,856 10,960 Change from net income attributable to common stockholders and transfers from noncontrolling interests $ 48,149 $ 44,808
Schedule of Accumulated Other Comprehensive Income (Loss)	The table below presents (in thousands) a reconciliation of our AOCI, which consists solely of adjustments related to derivatives designated as cash flow hedges for the six months ended June 30 : 2017 2016 Beginning balance $ 15,156 $ (9,285 ) Other comprehensive loss before reclassifications - our derivatives (4,016 ) (50,142 ) Other comprehensive income (loss) before reclassifications - our Fund's derivatives 867 (1,149 ) Reclassifications from AOCI - our derivatives (2) 8,955 15,569 Reclassifications from AOCI - our Fund's derivatives (3) (170 ) 224 Net current period OCI 5,636 (35,498 ) Add OCI attributable to noncontrolling interests 79 7,791 OCI attributable to common stockholders 5,715 (27,707 ) Ending balance $ 20,871 $ (36,992 ) ___________________________________________________ (1) See Note 9 for the details of our derivatives and Note 12 for our derivative fair value disclosures. (2) Reclassification as an increase to Interest expense. (3) Reclassification as an (increase) decrease to Income, including depreciation, from unconsolidated real estate funds.

EPS (Tables)

EPS (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The table below presents the calculation of basic and diluted EPS: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Numerator (in thousands): Net income attributable to common stockholders $ 20,244 $ 18,482 $ 39,293 $ 33,848 Allocation to participating securities: Unvested LTIP Units (97 ) (101 ) (196 ) (184 ) Numerator for basic and diluted net income attributable to common stock holders $ 20,147 $ 18,381 $ 39,097 $ 33,664 Denominator (in thousands): Weighted average shares of common stock outstanding - basic 155,898 147,722 154,203 147,479 Effect of dilutive securities: Stock options (1) 54 5,083 607 4,687 Weighted average shares of common stock and common stock equivalents outstanding - diluted 155,952 152,805 154,810 152,166 Basic EPS: Net income attributable to common stockholders per share $ 0.129 $ 0.124 $ 0.254 $ 0.228 Diluted EPS: Net income attributable to common stockholders per share $ 0.129 $ 0.120 $ 0.253 $ 0.221 ____________________________________________________ (1) The following securities (in thousands) were excluded from the computation of the weighted average shares of common stock and common stock equivalents outstanding - diluted because the effect of including them would be anti-dilutive to the calculation of diluted EPS: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 OP Units 24,797 25,114 24,730 25,331 Vested LTIP Units 313 807 536 811

Fair Value of Financial Instr35

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of Estimated Fair Value of Secured Notes Payable	The table below presents (in thousands) the estimated fair value of our secured notes payable: Secured Notes Payable: June 30, 2017 December 31, 2016 Fair value $ 4,355,289 $ 4,429,224 Carrying value $ 4,355,014 $ 4,408,083
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The table below presents (in thousands) the estimated fair value of our derivatives: June 30, 2017 December 31, 2016 Derivative Assets: Fair value - consolidated derivatives (1) $ 37,092 $ 35,656 Fair value - unconsolidated Funds' derivatives (2) $ 4,526 $ 3,605 Derivative Liabilities: Fair value - consolidated derivatives (1) $ 3,353 $ 6,830 Fair value - unconsolidated Funds' derivatives (2) $ — $ — ____________________________________________________ (1) Consolidated derivatives, which include 100% , not our pro-rata share, of our consolidated JVs' derivatives, are included in interest rate contracts in our consolidated balance sheet. The fair value excludes accrued interest which is included in interest payable in the consolidated balance sheet. (2) Represents 100% , not our pro-rata share, of our unconsolidated Funds' derivatives. Our pro-rata share of the amounts related to the unconsolidated Funds' derivatives is included in our Investment in unconsolidated real estate funds in our consolidated balance sheet. See Note 5 for more information regarding our unconsolidated Funds.

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Operating Activity Within Reportable Segments	The table below presents (in thousands) the operating activity of our reportable segments: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Office Segment Total office revenues $ 175,542 $ 163,096 $ 345,890 $ 307,475 Office expenses (57,887 ) (53,381 ) (112,772 ) (101,264 ) Office Segment profit 117,655 109,715 233,118 206,211 Multifamily Segment Total multifamily revenues 24,090 24,119 48,223 48,312 Multifamily expenses (5,878 ) (5,341 ) (11,825 ) (11,372 ) Multifamily Segment profit 18,212 18,778 36,398 36,940 Total profit from all segments $ 135,867 $ 128,493 $ 269,516 $ 243,151
Reconciliation Of Segment Profit To Net Income Attributable To Common Stockholders	The table below (in thousands) is a reconciliation of the total profit from all segments to net income attributable to common stockholders: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Total profit from all segments $ 135,867 $ 128,493 $ 269,516 $ 243,151 General and administrative (8,592 ) (9,403 ) (18,748 ) (17,474 ) Depreciation and amortization (68,793 ) (62,568 ) (136,167 ) (118,120 ) Other income 2,331 2,143 4,493 4,232 Other expenses (1,773 ) (1,908 ) (3,497 ) (4,912 ) Income, including depreciation, from unconsolidated real estate funds 1,113 1,644 3,290 3,230 Interest expense (38,000 ) (37,703 ) (74,954 ) (73,363 ) Income before gains 22,153 20,698 43,933 36,744 Gains on sales of investments in real estate — 1,082 — 1,082 Net income 22,153 21,780 43,933 37,826 Less: Net income attributable to noncontrolling interests (1,909 ) (3,298 ) (4,640 ) (3,978 ) Net income attributable to common stockholders $ 20,244 $ 18,482 $ 39,293 $ 33,848

Future Minimum Lease Rental R37

Future Minimum Lease Rental Receipts (Tables)	6 Months Ended
	Jun. 30, 2017
Operating Leases, Future Minimum Payments Receivable [Abstract]
Schedule Of Future Minimum Base Rentals On Non-Cancelable Office And Ground Operating Leases	The table below presents (in thousands) the future minimum base rentals on our non-cancelable office tenant and ground leases at June 30, 2017 : Twelve months ending June 30: 2018 $ 511,514 2019 455,813 2020 400,478 2021 325,631 2022 244,806 Thereafter 633,145 Total future minimum base rentals (1) $ 2,571,387 _____________________________________________________ (1) Does not include (i) residential leases, which typically have a term of one year or less, (ii) holdover rent, (iii) other types of rent such as storage rent and antenna rent, (iv) tenant reimbursements, (v) straight line rent, (vi) amortization/accretion of acquired above/below-market lease intangibles and (vii) percentage rents. The amounts assume that early termination options held by tenants are not exercised.

Future Minimum Lease Rental P38

Future Minimum Lease Rental Payments (Tables)	6 Months Ended
	Jun. 30, 2017
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Future Minimum Ground Lease Payments	The table below (in thousands) presents the future minimum ground lease payments as of June 30, 2017 : Twelve months ending June 30: 2018 $ 733 2019 733 2020 733 2021 733 2022 733 Thereafter 47,277 Total future minimum lease payments (1) $ 50,942 ___________________________________________________ (1) Lease term ends on December 31, 2086 . Ground rent is fixed at $733 thousand per year until February 28, 2019 , and will then reset to the greater of the existing ground rent or market. The table above assumes that the rental payments will continue to be $733 thousand per year after February 28, 2019 .

Commitments, Contingencies an39

Commitments, Contingencies and Guarantees Commitments, Contingencies and Guarantees (Tables)	6 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Schedule of Debt Related to Unconsolidated Funds	The table below summarizes our Funds' debt as of June 30, 2017 . The amounts represent 100% (not our pro-rata share) of amounts related to our Funds: Fund (1) Loan Maturity Date Principal Balance (in millions) Variable Interest Rate Swap Fixed Interest Rate Swap Maturity Date Partnership X (2)(4) 3/1/2023 $ 110.0 LIBOR + 1.40% 2.30% 3/1/2021 Fund X (3)(4)(5) 7/1/2024 400.0 LIBOR + 1.65% 3.44% 7/1/2022 $ 510.0 ___________________________________________________ (1) See Note 5 for more information regarding our unconsolidated Funds. (2) Floating rate term loan, swapped to fixed, which is secured by two properties and requires monthly payments of interest only, with the outstanding principal due upon maturity. As of June 30, 2017 , assuming a zero-percent LIBOR interest rate during the remaining life of the swap, the maximum future payments under the swap agreement were $3.7 million . (3) Floating rate term loan, swapped to fixed, which is secured by six properties and requires monthly payments of interest only, with the outstanding principal due upon maturity. As of June 30, 2017 , assuming a zero-percent LIBOR interest rate during the remaining life of the swap, the maximum future payments under the swap agreement were $36.3 million . (4) Loan agreement includes a zero-percent LIBOR floor. The corresponding swaps do not include such a floor. (5) Loan agreement includes the requirement to purchase an interest rate cap if one month LIBOR equals or exceeds 3.56% for fourteen consecutive days after the related swap matures.

Overview - Narrative (Details)

Overview - Narrative (Details) $ in Millions	Jun. 30, 2017USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable interest entity, assets	$ 7,960
Variable interest entity, assets related to real estate held for investment	7,510
Variable interest entity, liabilities	4,560
Variable interest entity, equity	3,390
Variable interest entity, equity, portion attributable to noncontrolling interest	$ 1,260

Overview - Schedule of Properti

Overview - Schedule of Properties (Details)	Jun. 30, 2017land_parceloffice_property
Real Estate Properties [Line Items]
Number of office properties owned	69
Total properties	79
Wholly Owned Properties [Member]
Real Estate Properties [Line Items]
Number of office properties owned	52
Number of multifamily properties owned	10
Number of land parcels not included in portfolio | land_parcel	2
Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of office properties owned	9
Partially Owned Properties [Member]
Real Estate Properties [Line Items]
Number of office properties owned	8
Reportable Legal Entities [Member]
Real Estate Properties [Line Items]
Number of office properties owned	61
Total properties	71
Reportable Legal Entities [Member] | Wholly Owned Properties [Member]
Real Estate Properties [Line Items]
Number of office properties owned	52
Number of multifamily properties owned	10
Reportable Legal Entities [Member] | Consolidated Properties [Member]
Real Estate Properties [Line Items]
Number of office properties owned	9
Reportable Legal Entities [Member] | Partially Owned Properties [Member]
Real Estate Properties [Line Items]
Number of office properties owned	0

Investment in Real Estate - Nar

Investment in Real Estate - Narrative (Details) $ in Millions	Apr. 25, 2017USD ($)property	Feb. 29, 2016USD ($)property	Jun. 30, 2017office_property	May 31, 2016
Real Estate Acquisition [Line Items]
Number of office properties | office_property			79
Consolidated JV [Member] | Santa Monica Properties [Member]
Real Estate Acquisition [Line Items]
Consideration transferred, excluding credits received | $	$ 352.8
Consolidated JV [Member] | Santa Monica Properties [Member] | Office Building [Member]
Real Estate Acquisition [Line Items]
Number of office properties | property	2
Consolidated JV [Member] | Westwood Portfolio [Member]
Real Estate Acquisition [Line Items]
Consideration transferred, excluding credits received | $		$ 1,340
Percentage of equity contributed in joint venture		60.00%		30.00%
Consolidated JV [Member] | Westwood Portfolio [Member] | Office Building [Member]
Real Estate Acquisition [Line Items]
Number of office properties | property		4

Investment in Real Estate - Sum

Investment in Real Estate - Summary of Preliminary Purchase Accounting and Funding Sources for the Acquisition (Details) ft² in Thousands, $ in Thousands	May 31, 2016USD ($)	Feb. 29, 2016USD ($)ft²	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)ft²	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)ft²	Apr. 25, 2017USD ($)ft²	Dec. 31, 2016USD ($)
Source of funds:
Credit facility			$ 4,355,014		$ 4,355,014			$ 4,408,083
Long-term debt			4,314,137		4,314,137			4,369,537
Gain on sale of investment in real estate			0	$ 1,082	0	$ 1,082
Deposits in escrow			10,000		10,000			0
Subsidiaries [Member]
Source of funds:
Credit facility			3,487,014		3,487,014			3,682,083
Line of Credit [Member] | Subsidiaries [Member] | Revolving Credit Facility With Maturity Date August 21, 2020 [Member]
Source of funds:
Credit facility			0		$ 0			0
Line of Credit [Member] | Subsidiaries [Member] | Revolving Credit Facility With Maturity Date August 21, 2020 [Member] | LIBOR [Member]
Source of funds:
Basis spread		1.40%			1.40%
Secured Debt [Member] | Term Loan With Maturity Date of February 28, 2023 [Member]
Source of funds:
Credit facility		$ 580,000
Loan costs		$ 11,200
Percentage of loan		100.00%
Debt instrument, term		7 years
Fixed interest rate		2.37%
Fixed interest rate, term		5 years
Secured Debt [Member] | Consolidated JV [Member] | Term Loan With Maturity Date of February 28, 2023 [Member]
Source of funds:
Credit facility			$ 580,000		$ 580,000			$ 580,000
Fixed interest rate			2.37%		2.37%
Secured Debt [Member] | Consolidated JV [Member] | Term Loan With Maturity Date of February 28, 2023 [Member] | LIBOR [Member]
Source of funds:
Basis spread					1.40%
1299 Ocean [Member] | Consolidated JV [Member]
Real Estate Acquisition [Line Items]
Building square footage | ft²							206
Uses of funds - Investment in real estate:
Land							$ 22,748
Buildings and improvements							260,188
Tenant improvements and lease intangibles							5,010
Acquired above and below-market leases, net(3)							(10,683)
Net assets and liabilities acquired							$ 277,263
429 Santa Monica [Member] | Consolidated JV [Member]
Real Estate Acquisition [Line Items]
Building square footage | ft²							87
Uses of funds - Investment in real estate:
Land							$ 4,949
Buildings and improvements							69,286
Tenant improvements and lease intangibles							3,248
Acquired above and below-market leases, net(3)							(723)
Net assets and liabilities acquired							$ 76,760
Westwood Portfolio [Member]
Source of funds:
Proceeds from sale of interest in joint venture	$ 240,000
Additional proceeds for compensation of costs	1,100
Gain on sale of investment in real estate	$ 1,100
Weighted average useful live of above and below market leases		4 years 5 months
Deposits in escrow		$ 75,000
Cash paid at closing		$ 67,500
Westwood Portfolio [Member] | Consolidated JV [Member]
Real Estate Acquisition [Line Items]
Building square footage | ft²		1,725
Uses of funds - Investment in real estate:
Land		$ 94,996
Buildings and improvements		1,236,786
Tenant improvements and lease intangibles		50,439
Acquired above and below-market leases, net(3)		(49,708)
Net assets and liabilities acquired		1,332,513
Source of funds:
Cash on hand		153,745
Noncontrolling interests		320,000
Total source of funds		$ 1,332,513
Percentage of equity contributed in joint venture	30.00%	60.00%
Westwood Portfolio [Member] | Line of Credit [Member] | Consolidated JV [Member]
Source of funds:
Credit facility		$ 290,000
Westwood Portfolio [Member] | Secured Debt [Member] | Consolidated JV [Member]
Source of funds:
Long-term debt		$ 568,768
Westwood Portfolio [Member] | Pro Forma [Member] | Consolidated JV [Member]
Real Estate Acquisition [Line Items]
Building square footage | ft²				1,725		1,725
Uses of funds - Investment in real estate:
Land				$ 94,996		$ 94,996
Buildings and improvements				1,236,786		1,236,786
Tenant improvements and lease intangibles				50,439		50,439
Acquired above and below-market leases, net(3)				(49,708)		(49,708)
Net assets and liabilities acquired				1,332,513		1,332,513
Source of funds:
Cash on hand						153,745
Noncontrolling interests						560,000
Total source of funds						1,332,513
Westwood Portfolio [Member] | Pro Forma [Member] | Line of Credit [Member] | Consolidated JV [Member]
Source of funds:
Credit facility				50,000		50,000
Westwood Portfolio [Member] | Pro Forma [Member] | Secured Debt [Member] | Consolidated JV [Member]
Source of funds:
Long-term debt				$ 568,768		$ 568,768
Westwood Portfolio [Member] | Scenario, Adjustment [Member] | Consolidated JV [Member]
Source of funds:
Noncontrolling interests	$ 240,000
Westwood Portfolio [Member] | Scenario, Adjustment [Member] | Line of Credit [Member] | Consolidated JV [Member]
Source of funds:
Credit facility	$ (240,000)

Investment in Real Estate - Rev

Investment in Real Estate - Revenue and Net Income Attributable to Common Stockholders from Westwood Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Real Estate Acquisition [Line Items]
Total office revenues	$ 175,542	$ 163,096	$ 345,890	$ 307,475
Net income attributable to common stockholders(1)	$ 20,244	$ 18,482	39,293	33,848
Westwood Portfolio [Member]
Real Estate Acquisition [Line Items]
Total office revenues			47,805	32,198
Net income attributable to common stockholders(1)			3,026	154
Net income attributable to common stockholders excluding transaction costs			$ 3,000	$ 2,100

Investment in Real Estate - Pro

Investment in Real Estate - Pro Forma Results (Details) - Westwood Portfolio [Member] $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)$ / shares
Real Estate Acquisition [Line Items]
Pro forma revenues | $	$ 369,114
Pro forma net income attributable to common stockholders | $	$ 32,698
Pro forma net income attributable to common stockholders per share – basic (in dollars per share) | $ / shares	$ 0.221
Pro forma net income attributable to common stockholders per share – diluted (in dollars per share) | $ / shares	$ 0.214

Acquired Lease Intangibles - Su

Acquired Lease Intangibles - Summary Of Acquired Lease Intangibles (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Acquired Finite-Lived Intangible Assets [Line Items]
Acquired lease intangible assets, net	$ 4,673		$ 4,673		$ 5,147
Acquired lease intangible liabilities, net	69,646		69,646		67,191
Amortization/accretion of above/below-market leases	4,284	$ 5,010	8,476	$ 8,314
Above Market Tenant Leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Off-market lease, assets	5,196		5,196		5,110
Accumulated amortization	(2,900)		(2,900)		(2,379)
Below Market Ground Leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Off-market lease, assets	3,198		3,198		3,198
Accumulated amortization	(821)		(821)		(782)
Below Market Tenant Leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Off-market lease, liabilities	113,550		113,550		104,925
Accumulated accretion	(47,386)		(47,386)		(41,241)
Tenant Lease [Member] | Operating Lease Revenue [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization/accretion of above/below-market leases	4,275	5,001	8,458	8,296
Above Market Ground Leases [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Off-market lease, liabilities	4,017		4,017		16,200
Accumulated accretion	(535)		(535)		$ (12,693)
Above Market Ground Leases [Member] | Office Parking and Other Income [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization/accretion of above/below-market leases	(4)	(4)	(8)	(8)
Above Market Ground Leases [Member] | Office Expense [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization/accretion of above/below-market leases	$ 13	$ 13	$ 26	$ 26

Investments In Unconsolidated47

Investments In Unconsolidated Real Estate Funds - Narrative (Details) ft² in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2017ft²office_property	Jun. 30, 2017ft²office_propertyNumber_of_funds_managed
Schedule of Equity Method Investments [Line Items]
Number of office properties	79	79
Percentage of amounts related to the Fund	100.00%	100.00%
Opportunity Fund [Member]
Schedule of Equity Method Investments [Line Items]
Purchase of equity interest, percent	3.70%
Equity interest of the Fund, percent	3.70%	3.70%
Fund X [Member]
Schedule of Equity Method Investments [Line Items]
Equity interest of the Fund, percent	69.10%	69.10%
Fund X Indirect [Member]
Schedule of Equity Method Investments [Line Items]
Equity interest of the Fund, percent	13.10%	13.10%
Partnership X [Member]
Schedule of Equity Method Investments [Line Items]
Equity interest of the Fund, percent	24.30%	24.30%
Unconsolidated Properties [Member]
Schedule of Equity Method Investments [Line Items]
Number of real estate funds owned and managed | Number_of_funds_managed		3
Number of office properties	8	8
Building square footage | ft²	1.8	1.8

Investments In Unconsolidated48

Investments In Unconsolidated Real Estate Funds - Summary of Cash Distributions Received from Funds (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Real Estate Investments, Net [Abstract]
Operating distributions received	$ 3,290	$ 893
Capital distributions received	39,962	18,839
Total distributions received	$ 43,252	$ 19,732

Investments In Unconsolidated49

Investments In Unconsolidated Real Estate Funds - Summary Of Statement Of Financial Position For Investments In Unconsolidated Real Estate Funds (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Real Estate Investments, Net [Abstract]
Total assets	$ 707,282	$ 690,028
Total liabilities	524,736	448,544
Total equity	$ 182,546	$ 241,484

Investments In Unconsolidated50

Investments In Unconsolidated Real Estate Funds - Summary Of Statement Of Operations For Investments In Unconsolidated Real Estate Funds (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Real Estate Investments, Net [Abstract]
Total revenues	$ 37,071	$ 35,237
Operating income	9,723	8,774
Net income	$ 2,853	$ 3,163

Other Assets (Details)

Other Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Other Assets [Abstract]
Restricted cash	$ 121	$ 121
Prepaid expenses	2,641	6,779
Other indefinite-lived intangible	1,988	1,988
Deposits in escrow	10,000	0
Furniture, fixtures and equipment, net	1,144	1,093
Other	2,109	1,933
Total other assets	$ 18,003	$ 11,914

Secured Notes Payable and Rev52

Secured Notes Payable and Revolving Credit Facility, Net - Schedule of Secured Notes Payable and Revolving Credit Facility (Details) - USD ($)	Feb. 29, 2016	Jun. 30, 2017	Nov. 01, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total Debt		$ 4,355,014,000		$ 4,408,083,000
Deferred loan costs, net		(40,877,000)		(38,546,000)
Total Debt, Net		$ 4,314,137,000		4,369,537,000
Fixed rate debt amortization period		30 years
Revolving Credit Facility With Maturity Date August 21, 2020 [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 400,000,000
Revolving Credit Facility With Maturity Date August 21, 2020 [Member] | Minimum [Member]
Debt Instrument [Line Items]
Unused commitment fees (as a percent)		0.15%
Revolving Credit Facility With Maturity Date August 21, 2020 [Member] | Maximum [Member]
Debt Instrument [Line Items]
Unused commitment fees (as a percent)		0.20%
Secured Debt [Member] | LIBOR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Basis spread		0.00%
Secured Debt [Member] | Term Loan With Maturity Date of February 28, 2023 [Member]
Debt Instrument [Line Items]
Total Debt	$ 580,000,000
Fixed interest rate	2.37%
Subsidiaries [Member]
Debt Instrument [Line Items]
Total Debt		$ 3,487,014,000		3,682,083,000
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.00% [Member]
Debt Instrument [Line Items]
Total Debt		0		1,000,000
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 4.14% [Member]
Debt Instrument [Line Items]
Total Debt		0		349,933,000
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loan With Maturity Date of November 1, 2020 [Member]
Debt Instrument [Line Items]
Total Debt		$ 0		388,080,000
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 4.00% [Member]
Debt Instrument [Line Items]
Maturity Date		Feb. 1, 2019
Total Debt		$ 148,457,000		149,911,000
Fixed interest rate		4.00%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate at 3.85% [Member]
Debt Instrument [Line Items]
Maturity Date		Jun. 5, 2019
Total Debt		$ 283,305,000		285,000,000
Fixed interest rate		3.85%
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans With Maturity Date of October 1, 2019 [Member]
Debt Instrument [Line Items]
Maturity Date		Oct. 1, 2019
Total Debt		$ 145,000,000		145,000,000
Variable Interest Rate		LIBOR + 1.25%
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans With Maturity Date of October 1, 2019 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.25%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 4.46% [Member]
Debt Instrument [Line Items]
Maturity Date		Mar. 1, 2020
Total Debt		$ 342,852,000		345,759,000
Fixed interest rate		4.46%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.77% [Member]
Debt Instrument [Line Items]
Maturity Date		Apr. 15, 2022
Total Debt		$ 340,000,000		340,000,000
Variable Interest Rate		LIBOR + 1.40%
Fixed interest rate		2.77%
Swap Maturity Date		Apr. 1, 2020
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.77% [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.40%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.06% [Member]
Debt Instrument [Line Items]
Maturity Date		Jul. 27, 2022
Total Debt		$ 180,000,000		180,000,000
Variable Interest Rate		LIBOR + 1.45%
Fixed interest rate		3.06%
Swap Maturity Date		Jul. 1, 2020
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.06% [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.45%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.64% [Member]
Debt Instrument [Line Items]
Maturity Date		Nov. 1, 2022
Total Debt		$ 400,000,000		400,000,000
Variable Interest Rate		LIBOR + 1.35%
Fixed interest rate		2.64%
Swap Maturity Date		Nov. 1, 2020
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.64% [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.35%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.57% [Member]
Debt Instrument [Line Items]
Maturity Date		Jun. 23, 2023
Total Debt		$ 360,000,000		360,000,000
Variable Interest Rate		LIBOR + 1.55%
Fixed interest rate		2.57%
Swap Maturity Date		Jul. 1, 2021
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 2.57% [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.55%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.62% [Member]
Debt Instrument [Line Items]
Maturity Date		Dec. 23, 2023
Total Debt		$ 220,000,000		220,000,000
Variable Interest Rate		LIBOR + 1.70%
Fixed interest rate		3.62%
Swap Maturity Date		Dec. 23, 2021
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.62% [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.70%
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.46% [Member]
Debt Instrument [Line Items]
Maturity Date		Jan. 1, 2024
Total Debt		$ 300,000,000		300,000,000
Variable Interest Rate		LIBOR + 1.55%
Fixed interest rate		3.46%
Swap Maturity Date		Jan. 1, 2022
Subsidiaries [Member] | Secured Debt [Member] | Term Loan With Effective Annual Fixed Interest Rate At 3.46% [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.55%
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loan With Maturity Date of April 1, 2025 [Member]
Debt Instrument [Line Items]
Maturity Date		Apr. 1, 2025
Total Debt		$ 102,400,000		102,400,000
Variable Interest Rate		LIBOR + 1.25%
Fixed interest rate		2.84%
Swap Maturity Date		Mar. 1, 2020
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loan With Maturity Date of April 1, 2025 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.25%
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans With Maturity Date of December 1, 2025 [Member]
Debt Instrument [Line Items]
Maturity Date		Dec. 1, 2025
Total Debt		$ 115,000,000		115,000,000
Variable Interest Rate		LIBOR + 1.25%
Fixed interest rate		2.76%
Swap Maturity Date		Dec. 1, 2020
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans With Maturity Date of December 1, 2025 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.25%
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans With Maturity Date of June 1, 2027 [Member]
Debt Instrument [Line Items]
Maturity Date		Jun. 1, 2027
Total Debt		$ 550,000,000		0
Variable Interest Rate		LIBOR + 1.37%
Fixed interest rate		3.51%
Swap Maturity Date		Jun. 1, 2022
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans With Maturity Date of June 1, 2027 [Member] | Forecast [Member]
Debt Instrument [Line Items]
Fixed interest rate			3.16%
Subsidiaries [Member] | Secured Debt [Member] | Fannie Mae Loans With Maturity Date of June 1, 2027 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.37%
Subsidiaries [Member] | Line of Credit [Member] | Revolving Credit Facility With Maturity Date August 21, 2020 [Member]
Debt Instrument [Line Items]
Maturity Date		Aug. 21, 2020
Total Debt		$ 0		0
Variable Interest Rate		LIBOR + 1.40%
Subsidiaries [Member] | Line of Credit [Member] | Revolving Credit Facility With Maturity Date August 21, 2020 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread	1.40%	1.40%
Consolidated JV [Member] | Secured Debt [Member] | Term Loan With Maturity Date July 21, 2019 [Member]
Debt Instrument [Line Items]
Maturity Date		Jul. 21, 2019
Total Debt		$ 288,000,000		146,000,000
Variable Interest Rate		LIBOR + 1.55%
Consolidated JV [Member] | Secured Debt [Member] | Term Loan With Maturity Date July 21, 2019 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.55%
Consolidated JV [Member] | Secured Debt [Member] | Term Loan With Maturity Date of February 28, 2023 [Member]
Debt Instrument [Line Items]
Maturity Date		Feb. 28, 2023
Total Debt		$ 580,000,000		$ 580,000,000
Variable Interest Rate		LIBOR + 1.40%
Fixed interest rate		2.37%
Swap Maturity Date		Mar. 1, 2021
Consolidated JV [Member] | Secured Debt [Member] | Term Loan With Maturity Date of February 28, 2023 [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Basis spread		1.40%

Secured Notes Payable and Rev53

Secured Notes Payable and Revolving Credit Facility, Net - Schedule of Debt Statistics (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Weighted average remaining life of outstanding term debt (in years)	5 years 5 months
Debt at fixed interest rate	$ 3,920,000
Weighted average remaining life of interest rate swaps and fixed rate debt (in years)	5 years 8 months
Weighted average remaining period during which interest was fixed (in years)	3 years 4 months
Weighted average annual interest rate (as a percent)	3.20%
Weighted average effective interest rate, including non-cash amortization of deferred loan costs (as a percent)	3.36%
Debt Instrument [Line Items]
Total Debt	$ 4,355,014	$ 4,408,083
Aggregate Swapped to Fixed Rate Loans [Member]
Debt Instrument [Line Items]
Total Debt	3,147,400	2,985,480
Aggregate Fixed Rate Loans [Member]
Debt Instrument [Line Items]
Total Debt	774,614	1,131,603
Aggregate Floating Rate Loans [Member]
Debt Instrument [Line Items]
Total Debt	$ 433,000	$ 291,000

Secured Notes Payable and Rev54

Secured Notes Payable and Revolving Credit Facility, Net - Schedule of Minimum Future Principal Payments Due On Secured Notes Payable (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
2,018	$ 351,066
2,019	423,548
2,020	432,999
2,021	295,000
2,022	640,000
Thereafter	2,212,401
Total future principal payments	$ 4,355,014	$ 4,408,083

Secured Notes Payable and Rev55

Secured Notes Payable and Revolving Credit Facility, Net - Schedule of Deferred Loan Costs and Accumulated Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Debt Instrument [Line Items]
Deferred loan cost amortization			$ 4,522	$ 3,235
Accumulated amortization on deferred loan costs	$ 15,200		15,200		$ 15,400
Interest Expense [Member]
Debt Instrument [Line Items]
Loan costs expensed	376	$ 808	376	827
Deferred loan cost amortization	2,424	1,916	4,522	3,235
Total	$ 2,800	$ 2,724	$ 4,898	$ 4,062

Interest Payable, Accounts Pa56

Interest Payable, Accounts Payable and Deferred Revenue (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts Payable and Accrued Liabilities [Abstract]
Interest payable	$ 10,966	$ 9,561
Accounts payable and accrued liabilities	51,579	36,880
Deferred revenue	29,819	28,788
Total interest payable, accounts payable and deferred revenue	$ 92,364	$ 75,229

Derivative Contracts - Summary

Derivative Contracts - Summary of Derivatives (Details) - Interest Rate Swap [Member] - Derivatives Designated as Cash Flow Hedges [Member] - Cash Flow Hedging [Member] $ in Thousands	Jun. 30, 2017USD ($)instrument
Derivative [Line Items]
Number of Instruments | instrument	26
Notional | $	$ 3,147,400
Percent of notional amount related to the Fund	100.00%
Unconsolidated Funds [Member]
Derivative [Line Items]
Number of Instruments | instrument	4
Notional | $	$ 510,000
Percent of notional amount related to the Fund	100.00%

Derivative Contracts - Credit-r

Derivative Contracts - Credit-risk-related Contingent Features (Details) - Interest Rate Swap [Member] - Cash Flow Hedging [Member] - Derivatives Designated as Cash Flow Hedges [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Fair value derivatives in a liability position	$ 4,165	$ 7,689
Percent of notional amount related to the Fund	100.00%
Unconsolidated Funds [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fair value derivatives in a liability position	$ 0	$ 0
Percent of notional amount related to the Fund	100.00%

Derivative Contracts - Counterp

Derivative Contracts - Counterparty Credit Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of derivatives in an asset position	$ 37,092	$ 35,656
Interest Rate Swap [Member] | Derivatives Designated as Cash Flow Hedges [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of derivatives in an asset position	$ 36,764	35,144
Percent of notional amount related to the Fund	100.00%
Interest Rate Swap [Member] | Derivatives Designated as Cash Flow Hedges [Member] | Cash Flow Hedging [Member] | Unconsolidated Funds [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of derivatives in an asset position	$ 4,506	$ 3,724
Percent of notional amount related to the Fund	100.00%

Derivative Contracts - Impact o

Derivative Contracts - Impact of Hedges on AOCI and Statements of Operations (Details) - Cash Flow Hedging [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Derivatives Designated as Cash Flow Hedges [Member]
Derivative [Line Items]
Gain (loss) recorded in AOCI	$ (4,016)	$ (50,142)
Gain (loss) reclassified from AOCI	(8,955)	(15,569)
Derivatives Designated as Cash Flow Hedges [Member] | Interest Expense [Member]
Derivative [Line Items]
Gain recorded	25	0
Derivatives Designated as Cash Flow Hedges [Member] | Unconsolidated Funds [Member]
Derivative [Line Items]
Gain (loss) recorded in AOCI	867	(1,149)
Gain (loss) reclassified from AOCI	170	(224)
Derivatives Not Designated as Cash Flow Hedges [Member] | Interest Expense [Member]
Derivative [Line Items]
Gain (loss) recorded as interest expense	$ 0	$ 0

Derivative Contracts - Future R

Derivative Contracts - Future Reclassifications from AOCI (Details) $ in Thousands	Jun. 30, 2017USD ($)
Derivative Instruments, Gain (Loss) [Line Items]
Derivative designated as cash flow hedge to be reclassified	$ 2,501
Unconsolidated Funds [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative designated as cash flow hedge to be reclassified	$ 1,043

Equity - Narrative (Details)

Equity - Narrative (Details) - USD ($) $ in Thousands	May 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Feb. 29, 2016
Schedule of Equity Method Investments [Line Items]
Number of operating partnership units converted to shares of common stock		659,000	869,000
Shares of common stock issued for exercise of stock options (shares)		1,300,000	1,400,000
Number of stock options exercised (shares)		3,900,000	7,500,000
Shares of common stock sold (shares)		9,100,000
Value of common stock issued, net		$ 346,000
Receivable for proceeds from issuance of common stock		$ 69,000
Number of operating partnership units redeemed for cash (shares)			25,000
Aggregate purchase price for redemption of operating partnership units			$ 826
Common stock, shares outstanding (in shares)		160,743,013		151,530,210
Number of OP units and fully-vested LTIP units outstanding		25,000,000
Number of shares of common stock issued upon redemption of one OP unit (shares)		1
Partnership Interest [Member]
Schedule of Equity Method Investments [Line Items]
Investor's ownership in joint venture (percent)		13.00%
Westwood Portfolio [Member] | Corporate Joint Venture [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest in joint venture (percent)	60.00%		30.00%
Proceeds from divestiture of partial interest in joint venture	$ 241,100
Westwood Portfolio [Member] | Partnership Interest [Member] | Investor [Member]
Schedule of Equity Method Investments [Line Items]
Investor contribution to joint venture					$ 320,000
Investor's ownership in joint venture (percent)					40.00%

Equity - Condensed Consolidated

Equity - Condensed Consolidated Statements Of Equity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Douglas Emmett, Inc. Stockholders' Equity, Beginning Balance			$ 1,921,143
Noncontrolling Interests, Beginning Balance			1,092,928
Total Equity, Beginning Balance			3,014,071	$ 2,281,548
Net income attributable to common stockholders	$ 20,244	$ 18,482	39,293	33,848
Noncontrolling Interests, Net Income	(1,909)	(3,298)	(4,640)	(3,978)
Net income	22,153	21,780	43,933	37,826
Cash flow hedge fair value adjustment, total equity	(4,193)	(14,890)	5,636	(35,498)
Contributions to consolidated JVs			188,248	320,000
Sale of equity interest in consolidated JV				239,971
Dividends and distributions, Douglas Emmett, Inc. Stockholders' Equity			(72,194)	(65,252)
Dividends and distributions, total equity			(91,396)	(82,038)
Exchange of OP units for common stock			0	0
Repurchase of OP units				(826)
Exercise of stock options(1)			(52,704)	(52,449)
Stock-based compensation, total equity			5,786	5,187
Sale of common stock, net of offering costs			276,961
Douglas Emmett, Inc. Stockholders' Equity, Ending Balance	2,127,070		2,127,070
Noncontrolling Interests, Ending Balance	1,263,465		1,263,465
Total Equity, Ending Balance	3,390,535	2,713,721	3,390,535	2,713,721
Douglas Emmett Inc Stockholders Equity [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Douglas Emmett, Inc. Stockholders' Equity, Beginning Balance			1,921,143	1,926,211
Net income attributable to common stockholders			39,293	33,848
Cash flow hedge fair value adjustment, Douglas Emmett, Inc. Stockholder's Equity			5,715	(27,707)
Contributions to consolidated JVs			0	0
Sale of equity interest in consolidated JV				0
Dividends and distributions, Douglas Emmett, Inc. Stockholders' Equity			(72,194)	(65,251)
Exchange of OP units for common stock			8,856	11,458
Repurchase of OP units				(498)
Exercise of stock options(1)			(52,704)	(52,449)
Stock-based compensation, Douglas Emmett Stockholders' Equity			0	0
Sale of common stock, net of offering costs			276,961
Douglas Emmett, Inc. Stockholders' Equity, Ending Balance	2,127,070	1,825,612	2,127,070	1,825,612
Noncontrolling Interest [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Noncontrolling Interests, Beginning Balance			1,092,928	355,337
Noncontrolling Interests, Net Income			4,640	3,978
Cash flow hedge fair value adjustment, noncontrolling interest			(79)	(7,791)
Contributions to consolidated JVs			188,248	320,000
Sale of equity interest in consolidated JV				239,971
Dividends and distributions, noncontrolling interest			(19,202)	(16,787)
Exchange of OP units for common stock			(8,856)	(11,458)
Repurchase of OP units				(328)
Exercise of stock options(1)			0	0
Stock-based compensation, noncontrolling interest			5,786	5,187
Sale of common stock, net of offering costs			0
Noncontrolling Interests, Ending Balance	$ 1,263,465	$ 888,109	$ 1,263,465	$ 888,109

Equity - Net Income Attributabl

Equity - Net Income Attributable To Common Stockholders And Transfers (To) From Noncontrolling Interests (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Net income attributable to common stockholders	$ 20,244	$ 18,482	$ 39,293	$ 33,848
Exchange of OP Units with noncontrolling interests			8,856	11,458
Repurchase of OP Units from noncontrolling interests			0	(498)
Net transfers from noncontrolling interests			8,856	10,960
Change from net income attributable to common stockholders and transfers from noncontrolling interests			$ 48,149	$ 44,808

Equity - Accumulated Other Comp

Equity - Accumulated Other Comprehensive Income Schedule (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance			$ 15,156
Net current period OCI	$ (4,193)	$ (14,890)	5,636	$ (35,498)
Ending balance	20,871		20,871
Cash Flow Hedging [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance			15,156	(9,285)
Other comprehensive loss before reclassifications			(4,016)	(50,142)
Reclassifications from AOCI			8,955	15,569
Net current period OCI			5,636	(35,498)
Add OCI attributable to noncontrolling interests			79	7,791
OCI attributable to common stockholders			5,715	(27,707)
Ending balance	$ 20,871	$ (36,992)	20,871	(36,992)
Cash Flow Hedging [Member] | Fund X [Member]
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Other comprehensive loss before reclassifications			867	(1,149)
Reclassifications from AOCI			$ (170)	$ 224

Equity - Equity Compensation (D

Equity - Equity Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
Amortization of stock-based compensation	$ 2,600	$ 2,400	$ 5,311	$ 4,739
Capitalized stock-based compensation for improvements to real estate and developments	247	231	475	448
Intrinsic value of options exercised	$ 0	$ 100,800	$ 102,100	$ 101,900

EPS (Details)

EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income attributable to common stockholders	$ 20,244	$ 18,482	$ 39,293	$ 33,848
Allocation to participating securities: Unvested LTIP Units	(97)	(101)	(196)	(184)
Numerator for basic and diluted net income attributable to common stock holders	$ 20,147	$ 18,381	$ 39,097	$ 33,664
Weighted average shares of common stock outstanding - basic (in shares)	155,898	147,722	154,203	147,479
Effect of dilutive securities: Stock options (in shares)	54	5,083	607	4,687
Weighted average shares of common stock and common stock equivalents outstanding - diluted (in shares)	155,952	152,805	154,810	152,166
Basic EPS:
Net income attributable to common stockholders per share (usd per share)	$ 0.129	$ 0.124	$ 0.254	$ 0.228
Diluted EPS:
Net income attributable to common stockholders per share (usd per share)	$ 0.129	$ 0.120	$ 0.253	$ 0.221
Operating Partnership Units and Vested LTIP Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from the computation of weighted average diluted shares (in shares)	24,797	25,114	24,730	25,331
Vested LTIP Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from the computation of weighted average diluted shares (in shares)	313	807	536	811

Fair Value of Financial Instr68

Fair Value of Financial Instruments - Estimated Fair Value of Secured Notes Payable (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Estimate of Fair Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Secured notes payable	$ 4,355,289	$ 4,429,224
Reported Value Measurement [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Secured notes payable	$ 4,355,014	$ 4,408,083

Fair Value of Financial Instr69

Fair Value of Financial Instruments - Fair Value Table (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Derivative Assets:
Fair value - derivatives	$ 37,092	$ 35,656
Derivative Liabilities:
Fair value - derivatives	$ 3,353	6,830
Fund X [Member] | Interest Rate Swap [Member]
Derivative Liabilities:
Percent of notional amount related to the Fund	100.00%
Level 2
Derivative Assets:
Fair value - derivatives	$ 37,092	35,656
Derivative Liabilities:
Fair value - derivatives	3,353	6,830
Level 2 | Fund X [Member]
Derivative Assets:
Fair value - unconsolidated Funds' derivatives	4,526	3,605
Derivative Liabilities:
Fair value - unconsolidated Funds' derivatives	$ 0	$ 0

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	6 Months Ended
	Jun. 30, 2017segment
Segment Reporting [Abstract]
Number of reportable business segments	2

Segment Reporting - Operating A

Segment Reporting - Operating Activity Within Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Total office revenues	$ 175,542	$ 163,096	$ 345,890	$ 307,475
Office expenses	(57,887)	(53,381)	(112,772)	(101,264)
Total multifamily revenues	24,090	24,119	48,223	48,312
Multifamily expenses	(5,878)	(5,341)	(11,825)	(11,372)
Segment profit	135,867	128,493	269,516	243,151
Office Segment [Member]
Segment Reporting Information [Line Items]
Total office revenues	175,542	163,096	345,890	307,475
Office expenses	(57,887)	(53,381)	(112,772)	(101,264)
Segment profit	117,655	109,715	233,118	206,211
Multifamily Segment [Member]
Segment Reporting Information [Line Items]
Total multifamily revenues	24,090	24,119	48,223	48,312
Multifamily expenses	(5,878)	(5,341)	(11,825)	(11,372)
Segment profit	$ 18,212	$ 18,778	$ 36,398	$ 36,940

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation Of Segment Profit To Net Income Attributable To Common Stockholders (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting [Abstract]
Total profit from all segments	$ 135,867	$ 128,493	$ 269,516	$ 243,151
General and administrative	(8,592)	(9,403)	(18,748)	(17,474)
Depreciation and amortization	(68,793)	(62,568)	(136,167)	(118,120)
Other income	2,331	2,143	4,493	4,232
Other expenses	(1,773)	(1,908)	(3,497)	(4,912)
Income, including depreciation, from unconsolidated real estate funds	1,113	1,644	3,290	3,230
Interest expense	(38,000)	(37,703)	(74,954)	(73,363)
Income before gains	22,153	20,698	43,933	36,744
Gains on sales of investments in real estate	0	1,082	0	1,082
Net income	22,153	21,780	43,933	37,826
Less: Net income attributable to noncontrolling interests	(1,909)	(3,298)	(4,640)	(3,978)
Net income attributable to common stockholders	$ 20,244	$ 18,482	$ 39,293	$ 33,848

Future Minimum Lease Rental R73

Future Minimum Lease Rental Receipts (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)land_parcel
Real Estate Properties [Line Items]
2,018	$ 511,514
2,019	455,813
2,020	400,478
2,021	325,631
2,022	244,806
Thereafter	633,145
Total future minimum base rentals	$ 2,571,387
Term of residential leases	1 year
Wholly Owned Properties [Member]
Real Estate Properties [Line Items]
Number of land parcels | land_parcel	2

Future Minimum Lease Rental P74

Future Minimum Lease Rental Payments - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Ground lease payments	$ 183	$ 183	$ 366	$ 366

Future Minimum Lease Rental P75

Future Minimum Lease Rental Payments - Future Minimum Ground Lease Payments (Details) $ in Thousands	Jun. 30, 2017USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,018	$ 733
2,019	733
2,020	733
2,021	733
2,022	733
Thereafter	47,277
Total future minimum lease payments	50,942
Future ground rent payments per year	$ 733

Commitments, Contingencies an76

Commitments, Contingencies and Guarantees (Details)	3 Months Ended	6 Months Ended
	Mar. 31, 2016USD ($)property	Jun. 30, 2017USD ($)property
Loss Contingencies [Line Items]
Amount accounts are insured for by Federal Deposit Insurance Corporation		$ 250,000
Number of properties containing Asbestos | property		26
Contractual amount for development project		$ 9,600,000
Apartment Building [Member]
Loss Contingencies [Line Items]
Contractual amount for development project		$ 84,700,000
Apartment Building [Member] | HAWAII
Loss Contingencies [Line Items]
Number of apartments under construction | property	475
Estimated construction costs	$ 120,000,000
Apartment Building [Member] | CALIFORNIA
Loss Contingencies [Line Items]
Expected number of apartments to be constructed | property		376
Minimum [Member] | Apartment Building [Member] | CALIFORNIA
Loss Contingencies [Line Items]
Estimated construction costs		$ 120,000,000
Maximum [Member] | Apartment Building [Member] | CALIFORNIA
Loss Contingencies [Line Items]
Estimated construction costs		$ 140,000,000
Unconsolidated Funds [Member]
Loss Contingencies [Line Items]
Number of properties containing Asbestos | property		4

Commitments, Contingencies an77

Commitments, Contingencies and Guarantees - Schedule of Debt Related to Unconsolidated Funds (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)property	Dec. 31, 2016USD ($)
Debt Instrument [Line Items]
Long-term debt	$ 4,314,137	$ 4,369,537
Fund X [Member]
Debt Instrument [Line Items]
Loan Maturity Date	Jul. 1, 2024
Long-term debt	$ 400,000
Collateral, number of properties | property	6
Maximum future payments under the swap agreement	$ 36,300
Loan agreement, one month LIBOR maximum for interest rate cap requirement	3.56%
Loan agreement, number of consecutive days	14 days
Fund X [Member] | Interest Rate Swap [Member]
Debt Instrument [Line Items]
Variable Interest Rate - basis spread	1.65%
Swap Fixed Interest Rate	3.44%
Swap Maturity Date	Jul. 1, 2022
Partnership X [Member]
Debt Instrument [Line Items]
Loan Maturity Date	Mar. 1, 2023
Long-term debt	$ 110,000
Collateral, number of properties | property	2
Maximum future payments under the swap agreement	$ 3,700
Partnership X [Member] | Interest Rate Swap [Member]
Debt Instrument [Line Items]
Variable Interest Rate - basis spread	1.40%
Swap Fixed Interest Rate	2.30%
Swap Maturity Date	Mar. 1, 2021
Unconsolidated Funds [Member]
Debt Instrument [Line Items]
Long-term debt	$ 510,000
LIBOR [Member] | Fund X [Member]
Debt Instrument [Line Items]
Loan agreement LIBOR floor	0.00%
LIBOR [Member] | Partnership X [Member]
Debt Instrument [Line Items]
Loan agreement LIBOR floor	0.00%

Subsequent Events Narrative (De

Subsequent Events Narrative (Details) $ in Thousands, shares in Millions	Jul. 25, 2017	Jul. 20, 2017USD ($)ft²	Jul. 31, 2017USD ($)shares	Jun. 30, 2017USD ($)shares	Jun. 30, 2016USD ($)
Subsequent Event [Line Items]
Shares of common stock sold (shares) | shares				9.1
Proceeds from issuance of common stock, net				$ 276,961	$ 0
Subsequent Event [Member]
Subsequent Event [Line Items]
Shares of common stock sold (shares) | shares			1.8
Proceeds from issuance of common stock, net			$ 69,000
Consolidated JV [Member] | Subsequent Event [Member] | Santa Monica Properties [Member]
Subsequent Event [Line Items]
Percentage of equity contributed in joint venture	20.00%
Building square footage | ft²		171,000
Purchase price		$ 177,000
Consolidated JV [Member] | Secured Debt [Member] | Subsequent Event [Member] | LIBOR [Member]
Subsequent Event [Line Items]
Basis spread	1.55%
Consolidated JV [Member] | Secured Debt [Member] | Subsequent Event [Member] | Santa Monica Properties [Member]
Subsequent Event [Line Items]
Secured, non-recourse, interest only loan		$ 77,500