$DEI
Douglas Emmett Inc

2024 Q3 Form 10-Q Financial Statement

#000136425024000040 Filed on August 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $250.8M $245.8M
YoY Change -1.82% -3.01%
Cost Of Revenue $94.58M $82.93M
YoY Change 3.14% -6.83%
Gross Profit $156.0M $162.7M
YoY Change -4.61% -0.94%
Gross Profit Margin 62.21% 66.19%
Selling, General & Admin $10.29M $11.67M
YoY Change -20.89% 5.0%
% of Gross Profit 6.6% 7.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $97.18M $95.49M
YoY Change -20.36% -21.45%
% of Gross Profit 62.3% 58.7%
Operating Expenses $107.5M $107.2M
YoY Change -20.41% -19.24%
Operating Profit $48.52M $55.51M
YoY Change 70.28% 76.04%
Interest Expense -$56.16M -$53.81M
YoY Change -200.21% -206.96%
% of Operating Profit -115.76% -96.94%
Other Income/Expense, Net $7.298M $7.430M
YoY Change 17.16% 143.69%
Pretax Income -$260.0K $9.231M
YoY Change -98.76% -161.26%
Income Tax
% Of Pretax Income
Net Earnings $4.618M $10.88M
YoY Change -134.56% -249.79%
Net Earnings / Revenue 1.84% 4.43%
Basic Earnings Per Share $0.03 $0.06
Diluted Earnings Per Share $0.03 $0.06
COMMON SHARES
Basic Shares Outstanding 167.4M shares 167.4M shares
Diluted Shares Outstanding 167.4M shares 167.4M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $544.2M $561.1M
YoY Change 3.42% 113.18%
Cash & Equivalents $544.2M $561.1M
Short-Term Investments
Other Short-Term Assets $28.85M $5.340M
YoY Change -6.38% -1.24%
Inventory
Prepaid Expenses
Receivables $4.371M $5.342M
Other Receivables $116.9M $116.3M
Total Short-Term Assets $694.3M $688.0M
YoY Change 1.72% 74.36%
LONG-TERM ASSETS
Property, Plant & Equipment $6.814M $6.877M
YoY Change -3.24% -2.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $23.08M $25.20M
YoY Change -51.91% -47.52%
Other Assets $29.00K $101.0K
YoY Change -71.29% 0.0%
Total Long-Term Assets $8.757B $8.876B
YoY Change -4.43% -3.74%
TOTAL ASSETS
Total Short-Term Assets $694.3M $688.0M
Total Long-Term Assets $8.757B $8.876B
Total Assets $9.452B $9.564B
YoY Change -4.0% -0.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $99.20M $70.12M
YoY Change -0.6% -5.54%
Accrued Expenses $29.99M $28.77M
YoY Change 3.9% 6.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $223.8M $193.5M
YoY Change 0.46% -0.87%
LONG-TERM LIABILITIES
Long-Term Debt $5.513B $5.546B
YoY Change -0.52% 5.35%
Other Long-Term Liabilities $57.38M $60.79M
YoY Change -22.47% -24.67%
Total Long-Term Liabilities $5.570B $5.607B
YoY Change -0.81% 4.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $223.8M $193.5M
Total Long-Term Liabilities $5.570B $5.607B
Total Liabilities $5.794B $5.801B
YoY Change -0.76% 4.69%
SHAREHOLDERS EQUITY
Retained Earnings -$1.362B -$1.335B
YoY Change 11.76% 13.73%
Common Stock $3.398B $3.398B
YoY Change 0.35% 0.34%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.090B $2.164B
YoY Change
Total Liabilities & Shareholders Equity $9.452B $9.564B
YoY Change -4.0% -0.53%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $4.618M $10.88M
YoY Change -134.56% -249.79%
Depreciation, Depletion And Amortization $97.18M $95.49M
YoY Change -20.36% -21.45%
Cash From Operating Activities $103.7M $91.86M
YoY Change 14.61% -4.56%
INVESTING ACTIVITIES
Capital Expenditures $47.31M $49.70M
YoY Change -22.45% -28.14%
Acquisitions
YoY Change
Other Investing Activities $966.0K $1.918M
YoY Change 73.12% 205.9%
Cash From Investing Activities -$46.34M -$47.78M
YoY Change -23.33% -30.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -74.27M -39.69M
YoY Change -131.88% -40.32%
NET CHANGE
Cash From Operating Activities 103.7M 91.86M
Cash From Investing Activities -46.34M -47.78M
Cash From Financing Activities -74.27M -39.69M
Net Change In Cash -16.91M 4.389M
YoY Change -106.43% -111.31%
FREE CASH FLOW
Cash From Operating Activities $103.7M $91.86M
Capital Expenditures $47.31M $49.70M
Free Cash Flow $56.40M $42.16M
YoY Change 91.24% 55.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4183806000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3845397000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4275783000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-15069000 usd
us-gaap Profit Loss
ProfitLoss
15362000 usd
us-gaap Profit Loss
ProfitLoss
1093000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
37185000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-22630000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-14712000 usd
CY2023Q2 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
232000 usd
us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
16000 usd
us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
321000 usd
CY2023Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
92719000 usd
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
31806000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
31681000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
63606000 usd
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
64812000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10148000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
18102000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
20288000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3085000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3176000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6590000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6683000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3762995000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4074318000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3762995000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4074318000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.19
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.38
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.38
us-gaap Profit Loss
ProfitLoss
15362000 usd
us-gaap Profit Loss
ProfitLoss
1093000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1121000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
887000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
191261000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
214749000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-4326000 usd
us-gaap Straight Line Rent
StraightLineRent
943000 usd
us-gaap Straight Line Rent
StraightLineRent
807000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-229000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-228000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4415000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4362000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5292000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5226000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
573000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
614000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
561167000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
263285000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-82674000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-127442000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5653000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
561167000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
263285000 usd
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
109233000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
125000 usd
CY2024Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7645000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-5695000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-754000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
3338000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4782000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12520000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
829000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
902000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-14239000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-13212000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
230888000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
241723000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
87778000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
91303000 usd
nysedei Payments For Capital Development
PaymentsForCapitalDevelopment
19727000 usd
nysedei Payments For Capital Development
PaymentsForCapitalDevelopment
29839000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
2342000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1139000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5214000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
147000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
69000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-110230000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-119934000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
115000000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
446000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
45426000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
540000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
764000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
125000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
18102000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
20288000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
63570000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
66535000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
16000 usd
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
321000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
109233000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
37984000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
561066000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
263184000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
101000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
101000 usd
us-gaap Interest Paid Net
InterestPaidNet
106803000 usd
us-gaap Interest Paid Net
InterestPaidNet
89106000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3912000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1076000 usd
nysedei Change In Capital Expenditures Incurred But Not Yet Paid Improvements To Real Estate
ChangeInCapitalExpendituresIncurredButNotYetPaidImprovementsToRealEstate
14348000 usd
nysedei Change In Capital Expenditures Incurred But Not Yet Paid Improvements To Real Estate
ChangeInCapitalExpendituresIncurredButNotYetPaidImprovementsToRealEstate
25143000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1298000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1457000 usd
nysedei Tenant Improvements And Leasing Intangibles Fully Depreciated And Amortized Written Off
TenantImprovementsAndLeasingIntangiblesFullyDepreciatedAndAmortizedWrittenOff
49834000 usd
nysedei Tenant Improvements And Leasing Intangibles Fully Depreciated And Amortized Written Off
TenantImprovementsAndLeasingIntangiblesFullyDepreciatedAndAmortizedWrittenOff
43659000 usd
nysedei Finite Lived Intangible Asset Offmarket Lease Favorable Fully Amortized Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFavorableFullyAmortizedWrittenOff
96000 usd
nysedei Finite Lived Intangible Asset Offmarket Lease Favorable Fully Amortized Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFavorableFullyAmortizedWrittenOff
77000 usd
nysedei Finite Lived Intangible Asset Offmarket Lease Fully Accreted Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFullyAccretedWrittenOff
9089000 usd
nysedei Finite Lived Intangible Asset Offmarket Lease Fully Accreted Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFullyAccretedWrittenOff
14234000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
51587000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
51777000 usd
us-gaap Dividends Cash
DividendsCash
63606000 usd
us-gaap Dividends Cash
DividendsCash
64812000 usd
us-gaap Stock Issued1
StockIssued1
2954000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
84 property
CY2024Q2 nysedei Number Of Joint Ventures Consolidated
NumberOfJointVenturesConsolidated
4 venture
CY2024Q2 nysedei Number Of Joint Ventures Consolidated
NumberOfJointVenturesConsolidated
4 venture
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with US 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.</span></div>
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Revenue Recognition</span></div><div><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Rental revenues and tenant recoveries</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We account for our rental revenues, and variable lease payments such as tenant recoveries and parking revenues, in accordance with Topic 842. We adopted a practical expedient which allows us to account for our rental revenues, tenant recoveries and parking revenues on a combined basis. Rental revenues and tenant recoveries from tenant leases are included in Rental revenues and tenant recoveries on our consolidated statements of operations. Tenant recoveries were $11.5 million and $12.6 million for the three months ended June 30, 2024 and 2023, and $20.5 million and $25.7 million </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for th</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">e six months ended June 30, 2024 and 2023, respectively. Parking revenues are included in Parking and other income on our consolidated statements of operations.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Collectibility</span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In accordance with Topic 842, we perform an assessment as to whether or not substantially all of the amounts due under a tenant’s lease agreement is deemed probable of collection. This assessment involves using a methodology that requires judgment and estimates about matters that are uncertain at the time the estimates are made, including tenant specific factors, specific industry conditions, and general economic trends and conditions.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For leases where we have concluded it is probable that we will collect substantially all the lease payments due under those leases, we continue to record lease income on a straight-line basis over the lease term. For leases where we have concluded that it is not probable that we will collect substantially all the lease payments due under those leases, we limit the lease income to the lesser of the income recognized on a straight-line basis or cash basis. We write-off tenant receivables and deferred rent receivables as a charge against rental revenues and tenant recoveries in the period we conclude that substantially all of the lease payments are not probable of collection. If we subsequently collect amounts that were previously written off then the amounts collected are recorded as an increase to our rental revenues and tenant recoveries in the period they are collected. If our conclusion of collectibility changes, we will record the difference between the lease income that would have been recognized on a straight-line basis and cash basis as a current-period adjustment to rental revenues and tenant recoveries.</span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:174%">Charges for uncollectible office tenant receivables and deferred rent receivables, reduced our office revenues b</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:174%">y:</span></div><div style="padding-left:54pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:174%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:174%;padding-left:14.5pt">$0.5 million and $0.2 million for the three months ended June 30, 2024 and 2023, respectively, and </span></div><div style="margin-bottom:9pt;padding-left:54pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:174%">•</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:174%;padding-left:14.5pt">$0.8 million and $0.3 million for th</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:174%">e six months ended June 30, 2024 and 2023, respectively.</span></div><div style="margin-bottom:6pt;padding-left:18pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We restored accrual basis accounting for certain office tenants that were previously determined to be uncollectible and accounted for on a cash basis of accounting, which increased our office revenues b</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">y:</span></div><div style="margin-bottom:6pt;padding-left:54pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">$0.8 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$1.8 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for the three months ended June 30, 2024 and 2023, respectively, and </span></div><div style="padding-left:54pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">$0.8 million and $2.0 million for th</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">e six months ended June 30, 2024 and 2023, respectively.</span></div>
nysedei Revenues Charge For Uncollectible Amounts
RevenuesChargeForUncollectibleAmounts
800000 usd
nysedei Revenues Charge For Uncollectible Amounts
RevenuesChargeForUncollectibleAmounts
300000 usd
CY2024Q2 us-gaap Land
Land
1185977000 usd
CY2023Q4 us-gaap Land
Land
1185977000 usd
CY2024Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
10174128000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
10142410000 usd
CY2024Q2 nysedei Tenant Improvements And Lease Intangibles
TenantImprovementsAndLeaseIntangibles
1034695000 usd
CY2023Q4 nysedei Tenant Improvements And Lease Intangibles
TenantImprovementsAndLeaseIntangibles
1020988000 usd
CY2024Q2 us-gaap Development In Process
DevelopmentInProcess
63971000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
56439000 usd
CY2024Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
12458771000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
12405814000 usd
CY2023Q2 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
27400000 usd
CY2024Q2 nysedei Lessee Operating Lease Liability Payments Due Per Year
LesseeOperatingLeaseLiabilityPaymentsDuePerYear
733000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7400000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
10800000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
366000 usd
CY2024Q2 nysedei Lessee Operating Lease Liability Payments Due Per Year
LesseeOperatingLeaseLiabilityPaymentsDuePerYear
733000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
733000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
733000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
733000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
733000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
733000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
42147000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
45812000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2971000 usd
CY2023Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
19838000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-5695000 usd
nysedei Proceeds From Equity Method Investment Operating Distributions
ProceedsFromEquityMethodInvestmentOperatingDistributions
614000 usd
nysedei Proceeds From Equity Method Investment Capital Distributions
ProceedsFromEquityMethodInvestmentCapitalDistributions
69000 usd
nysedei Total Equity Method Distributions Received
TotalEquityMethodDistributionsReceived
683000 usd
CY2024Q2 nysedei Percentage Of Amounts Related To Fund
PercentageOfAmountsRelatedToFund
1
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
101000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
20594000 usd
CY2023Q4 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
1988000 usd
CY2023Q4 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
13440000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7014000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
6123000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
49260000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5569595000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5570040000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
2858000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
3087000 usd
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
26082000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
29956000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
5546371000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
5543171000 usd
nysedei Number Of Collateral Pools Used To Secure Loans Minimum
NumberOfCollateralPoolsUsedToSecureLoansMinimum
1 property
CY2024Q2 nysedei Accumulated Amortization Loan Premium
AccumulatedAmortizationLoanPremium
4300000 usd
CY2023Q4 nysedei Accumulated Amortization Loan Premium
AccumulatedAmortizationLoanPremium
4100000 usd
CY2024Q2 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
59900000 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
56000000.0 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5569595000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5570040000 usd
CY2024Q2 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
3830000000 usd
nysedei Long Term Debt Weighted Average Remaining Life
LongTermDebtWeightedAverageRemainingLife
P3Y6M
nysedei Long Term Debt Weighted Average Remaining Fixed Interest Period
LongTermDebtWeightedAverageRemainingFixedInterestPeriod
P1Y4M24D
CY2024Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0266
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
838322000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
965000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
2416010000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
301057000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
1641106000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
372135000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5569595000 usd
CY2024Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
17945000 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
18647000 usd
CY2024Q2 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
70118000 usd
CY2023Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
61767000 usd
CY2024Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
45522000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
50823000 usd
CY2024Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
133585000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
131237000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
110287000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
95816000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1121000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
887000 usd
CY2024Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
102929000 usd
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
193000 shares
us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
1164 shares
us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
16000 usd
us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
26000 shares
us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
321000 usd
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
167400000 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
167400000 shares
nysedei Number Of Shares Of Common Stock Issued Upon Redemption Of One Op Unit
NumberOfSharesOfCommonStockIssuedUponRedemptionOfOneOPUnit
1 shares
CY2024Q2 nysedei Operating Partnership Conversion Rate
OperatingPartnershipConversionRate
1
us-gaap Net Income Loss
NetIncomeLoss
19787000 usd
us-gaap Net Income Loss
NetIncomeLoss
11111000 usd
nysedei Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Exchange Of Interest Units By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesExchangeOfInterestUnitsByParent
2954000 usd
nysedei Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Exchange Of Interest Units By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesExchangeOfInterestUnitsByParent
0 usd
nysedei Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Increase Decrease Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIncreaseDecreasePurchaseOfInterestByParent
-2000 usd
nysedei Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Increase Decrease Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesIncreaseDecreasePurchaseOfInterestByParent
-109000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
2956000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
109000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
22743000 usd
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
11220000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
51587000 usd
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
51777000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
77965000 usd
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
66397000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-22630000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14712000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-7340000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-2546000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-15290000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-12166000 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
16600000 shares
us-gaap Share Based Compensation
ShareBasedCompensation
5292000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5226000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1298000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1457000 usd
us-gaap Net Income Loss
NetIncomeLoss
19787000 usd
us-gaap Net Income Loss
NetIncomeLoss
11111000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
692000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
560000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10537000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10537000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7539000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-7539000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10551000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10551000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167355000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
167355000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
172492000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172492000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001364250-24-000040-index-headers.html Edgar Link pending
0001364250-24-000040-index.html Edgar Link pending
0001364250-24-000040.txt Edgar Link pending
0001364250-24-000040-xbrl.zip Edgar Link pending
a2024q2exhibit311-ceo302.htm Edgar Link pending
a2024q2exhibit312-cfo302.htm Edgar Link pending
a2024q2exhibit321-ceo906.htm Edgar Link pending
a2024q2exhibit322-cfo906.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
nysedei-20240630.htm Edgar Link pending
nysedei-20240630.xsd Edgar Link pending
nysedei-20240630_g1.jpg Edgar Link pending
nysedei-20240630_g2.jpg Edgar Link pending
nysedei-20240630_g3.jpg Edgar Link pending
nysedei-20240630_g4.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
nysedei-20240630_cal.xml Edgar Link unprocessable
nysedei-20240630_def.xml Edgar Link unprocessable
nysedei-20240630_lab.xml Edgar Link unprocessable
nysedei-20240630_pre.xml Edgar Link unprocessable
nysedei-20240630_htm.xml Edgar Link completed
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable