Empire State Realty OP, L.P.ESBA
| Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
---|
Land | 188 | 201 | 201 | 201 | 201 | 201 | 201 | 201 | 336 | 366 | 366 |
---|
Development costs | 6 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
---|
Building and improvements | 1,455 | 1,932 | 2,068 | 2,249 | 2,458 | 2,675 | 2,900 | 2,925 | 3,157 | 3,178 | 3,281 |
---|
Commercial real estate properties, at cost, gross | 1,649 | 2,140 | 2,276 | 2,459 | 2,668 | 2,884 | 3,109 | 3,134 | 3,501 | 3,551 | 3,655 |
---|
Less: accumulated depreciation | 295 | 378 | 466 | 557 | 657 | 747 | 863 | 942 | 1,073 | 1,137 | 1,250 |
---|
Commercial real estate properties, net | 1,354 | 1,762 | 1,811 | 1,902 | 2,011 | 2,137 | 2,247 | 2,192 | 2,428 | 2,414 | 2,405 |
---|
Assets held for sale | - | - | - | - | - | - | - | - | - | 36 | - |
---|
Cash and cash equivalents | 61 | 46 | 47 | 554 | 464 | 205 | 234 | 527 | 424 | 264 | 347 |
---|
Restricted cash | 56 | 60 | 66 | 62 | 66 | 66 | 38 | 41 | 51 | 50 | 60 |
---|
Tenant and other receivables | 25 | 24 | 19 | 23 | 28 | 29 | 25 | 22 | 19 | 24 | 40 |
---|
Deferred rent receivables | 63 | 102 | 122 | 152 | 179 | 201 | 221 | 223 | 225 | 240 | 256 |
---|
Prepaid Expense and Other Assets | 35 | 49 | 50 | 54 | 61 | 64 | 65 | 77 | 77 | 98 | 98 |
---|
Deferred Costs | 79 | 80 | 311 | 277 | 263 | 241 | 228 | 204 | 202 | 188 | 172 |
---|
Below Market Ground Lease, Net | - | - | - | - | - | - | - | - | 337 | 329 | 321 |
---|
Right of use assets | - | - | - | - | - | - | 29 | 29 | 29 | 29 | 28 |
---|
Goodwill | 491 | 491 | 491 | 491 | 492 | 491 | 492 | 492 | 492 | 492 | 492 |
---|
Total assets | 2,476 | 3,296 | 3,301 | 3,891 | 3,931 | 4,196 | 3,932 | 4,151 | 4,282 | 4,164 | 4,219 |
---|
Notes Payable | - | - | - | - | - | - | 606 | 776 | 949 | 884 | 877 |
---|
Convertible Debt | - | 238 | 587 | 590 | 708 | 1,046 | 798 | 973 | 973 | 974 | 974 |
---|
Unsecured Debt | - | - | 263 | 263 | 264 | 264 | 265 | 388 | 388 | 389 | 389 |
---|
Long-Term Line of Credit | - | - | 35 | - | - | - | - | - | - | - | - |
---|
Accounts payable and accrued expenses | - | - | - | - | - | - | 144 | 103 | 121 | 81 | - |
---|
Accounts payable and accrued expenses | - | - | - | - | - | - | - | - | - | - | 100 |
---|
Below Market Lease, Net | 130 | 139 | 104 | 82 | 66 | 52 | 40 | 32 | 25 | 18 | 14 |
---|
Ground lease liabilities | - | - | - | - | - | - | 29 | 29 | 29 | 29 | 28 |
---|
Deferred revenue and other liabilities | - | - | - | - | - | - | 72 | 88 | 84 | 76 | - |
---|
Deferred revenue and other liabilities | - | - | - | - | - | - | - | - | - | - | 70 |
---|
Tenants’ security deposits | 31 | 40 | 49 | 47 | 47 | 58 | 31 | 30 | 29 | 25 | 35 |
---|
Liabilities related to assets held for sale | - | - | - | - | - | - | - | - | - | 6 | - |
---|
Total liabilities | 1,473 | 1,915 | 1,928 | 1,908 | 1,954 | 2,205 | 1,984 | 2,419 | 2,598 | 2,481 | 2,488 |
---|
Private Perpetual Preferred Units, Series 2019 | - | - | - | - | - | - | 21 | 22 | 22 | 22 | 22 |
---|
Private Perpetual Preferred Units, Series 2014 | - | - | - | - | - | - | 8 | 8 | 8 | 8 | 8 |
---|
General & Limited Partners Capital Account | - | - | - | - | - | - | 1,229 | 1,055 | 998 | 954 | 986 |
---|
Series PR Common Units | 572 | 868 | 810 | 793 | 778 | 725 | 681 | 649 | 649 | 682 | 695 |
---|
Series ES Operating Partnership Units | 33 | 26 | 22 | 20 | 17 | 14 | 7 | -1 | -4 | 1 | 4 |
---|
Series 60 Operating Partnership Units | 9 | 7 | 5 | 5 | 4 | 3 | 2 | -1 | -1 | 0 | 1 |
---|
Series 250 Operating Partnership Units | 5 | 3 | 3 | 2 | 2 | 2 | 1 | -0 | -1 | 0 | 0 |
---|
Series PR Common Units | 572 | 868 | 810 | 1,154 | 1,168 | 1,238 | 1,229 | 1,055 | - | - | - |
---|
Series ES Operating Partnership Units | 33 | 26 | 22 | 20 | 17 | 14 | 7 | -1 | - | - | - |
---|
Series 60 Operating Partnership Units | 9 | 7 | 5 | 5 | 4 | 3 | 2 | -1 | - | - | - |
---|
Series 250 Operating Partnership Units | 5 | 3 | 3 | 2 | 2 | 2 | 1 | -0 | - | - | - |
---|
Total Empire State Realty OP, L.P.'s capital | 1,003 | 1,381 | 1,373 | 1,983 | 1,978 | 1,991 | 1,948 | 1,731 | 1,671 | 1,668 | 1,716 |
---|
Non-controlling interest in other partnerships | - | - | - | - | - | - | - | - | 13 | 15 | 15 |
---|
Series PR Common Units | - | - | - | - | - | - | - | - | 998 | 954 | 986 |
---|
Series ES Operating Partnership Units | - | - | - | - | - | - | - | - | -4 | 1 | 4 |
---|
Series 60 Operating Partnership Units | - | - | - | - | - | - | - | - | -1 | 0 | 1 |
---|
Series 250 Operating Partnership Units | - | - | - | - | - | - | - | - | -1 | 0 | 0 |
---|
Total capital | - | - | - | - | - | - | - | - | 1,684 | 1,683 | 1,731 |
---|
Total liabilities and capital | 2,476 | 3,296 | 3,301 | 3,891 | 3,931 | 4,196 | 3,932 | 4,151 | 4,282 | 4,164 | 4,219 |
---|