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 |
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Net income (loss) | - | 70 | 80 | 107 | 118 | 117 | 84 | -23 | -13 | 63 | 84 |
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Depreciation and amortization | - | 145 | 171 | 155 | 161 | 169 | 182 | 191 | 202 | 217 | 190 |
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Gain on sale/disposition of properties | - | - | - | - | - | - | - | - | - | 34 | 27 |
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Impairment charges | - | - | - | - | - | - | - | 6 | 8 | - | - |
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Amortization of Debt Issuance Costs and Discounts | - | - | - | - | 1 | 7 | 7 | 9 | 11 | 10 | 9 |
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Amortization of above and below Market Leases | 2 | -14 | -19 | -9 | -6 | -6 | -7 | -4 | -6 | -5 | -2 |
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Amortization of below Market Ground Lease | - | - | - | - | - | - | 8 | 8 | 8 | 8 | 8 |
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Straight-lining of rental revenue | - | 40 | 21 | 30 | 27 | 22 | 20 | 5 | 21 | 25 | 20 |
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Equity based compensation | - | 4 | 5 | 10 | 14 | 19 | 21 | 25 | 20 | 21 | 20 |
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Settlement of derivative contract | - | - | - | - | - | - | 12 | 20 | - | - | - |
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Loss on early extinguishment of debt | - | - | - | - | -2 | - | - | -0 | -0 | - | - |
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Loss on early extinguishment of debt | - | - | - | - | -2 | - | - | -0 | -0 | - | - |
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Security deposits | - | - | - | - | - | 11 | -27 | -0 | -1 | -1 | 10 |
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Tenant and other receivables | - | -3 | -5 | 4 | 6 | 1 | -4 | -4 | -3 | 5 | 16 |
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Deferred leasing costs | - | 12 | 31 | 23 | 32 | 27 | 31 | 14 | 16 | 37 | 18 |
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Prepaid expenses and other assets | - | 13 | 2 | 3 | 8 | 1 | 4 | 12 | -6 | 2 | 5 |
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Accounts payable and accrued expenses | - | - | - | - | - | - | 0 | -3 | -0 | 5 | 1 |
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Deferred revenue and other liabilities | - | - | - | - | - | - | 27 | 20 | 12 | -4 | -3 |
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Security deposits | - | - | - | - | - | 11 | -27 | -0 | -1 | -1 | 10 |
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Tenant and other receivables | - | -3 | -5 | 4 | 6 | 1 | -4 | -4 | -3 | 5 | 16 |
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Deferred leasing costs | - | 12 | 31 | 23 | 32 | 27 | 31 | 14 | 16 | 37 | 18 |
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Prepaid expenses and other assets | - | 13 | 2 | 3 | 8 | 1 | 4 | 12 | -6 | 2 | 5 |
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Accounts payable and accrued expenses | - | - | - | - | - | - | 0 | -3 | -0 | 5 | 1 |
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Deferred revenue and other liabilities | - | - | - | - | - | - | 27 | 20 | 12 | -4 | -3 |
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Net cash provided by operating activities | - | 139 | 203 | 219 | 191 | 279 | 233 | 182 | 212 | 211 | 232 |
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Proceeds from Sale of Other Real Estate | - | - | - | - | - | - | - | - | - | 11 | 89 |
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Acquisition of real estate property | - | - | - | - | - | - | - | - | 118 | 116 | 27 |
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Additions to building and improvements | - | 121 | 142 | 182 | 223 | 243 | 250 | 143 | 95 | 126 | 139 |
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Proceeds from Sale of Other Real Estate | - | - | - | - | - | - | - | - | - | 11 | 89 |
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Development costs | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
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Additions to building and improvements | - | 121 | 142 | 182 | 223 | 243 | 250 | 143 | 95 | 126 | 139 |
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Acquisition of real estate property | - | - | - | - | - | - | - | - | 118 | 116 | 27 |
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Development costs | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
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Net cash used in investing activities | - | -299 | -142 | -182 | -225 | -643 | 150 | -143 | -213 | -231 | -77 |
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Proceeds from Notes Payable | - | - | - | - | - | - | - | 180 | - | - | - |
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Repayment of mortgage notes payable | - | - | - | - | - | - | 4 | 4 | 4 | 8 | 9 |
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Repayment of mortgage notes payable | - | - | - | - | - | - | 4 | 4 | 4 | 8 | 9 |
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Proceeds from Contributions from Affiliates | - | - | - | - | - | - | - | - | - | 0 | 0 |
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Proceeds from unsecured senior notes | - | 250 | 350 | - | 115 | 335 | - | 175 | - | - | - |
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Deferred financing costs | - | 4 | 6 | 3 | 13 | 2 | - | 10 | 9 | - | - |
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Proceeds from unsecured term loan | - | - | - | - | - | - | - | 175 | - | - | - |
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Repurchases of common units | - | - | - | - | - | - | - | 144 | 47 | 90 | 13 |
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Repayment of unsecured term loan | - | - | - | - | - | - | - | 50 | - | - | - |
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Private perpetual preferred unit distributions | - | - | - | - | - | - | 2 | 4 | 4 | 4 | 4 |
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Proceeds from Long-Term Lines of Credit | - | - | - | - | - | - | - | 550 | - | - | - |
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Distributions | - | 87 | 91 | 114 | 126 | 126 | 126 | 61 | 29 | 39 | 37 |
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Repayment of unsecured revolving credit facility | - | - | - | - | - | - | - | 550 | - | - | - |
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Net cash used in financing activities | - | 145 | -60 | 471 | -57 | 105 | -382 | 257 | -93 | -140 | -63 |
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Proceeds from Contributions from Affiliates | - | - | - | - | - | - | - | - | - | 0 | 0 |
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Deferred financing costs | - | 4 | 6 | 3 | 13 | 2 | - | 10 | 9 | - | - |
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Repurchases of common units | - | - | - | - | - | - | - | 144 | 47 | 90 | 13 |
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Private perpetual preferred unit distributions | - | - | - | - | - | - | 2 | 4 | 4 | 4 | 4 |
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Distributions | - | 87 | 91 | 114 | 126 | 126 | 126 | 61 | 29 | 39 | 37 |
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Net cash used in financing activities | - | 145 | -60 | 471 | -57 | 105 | -382 | 257 | -93 | -140 | -63 |
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Net increase (decrease) in cash and cash equivalents and restricted cash | - | - | - | - | - | -259 | 1 | 296 | -93 | -160 | 92 |
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Cash paid for interest | - | - | - | - | 67 | 74 | 76 | 75 | 78 | 91 | 92 |
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Income Taxes Paid | - | 4 | 4 | 6 | 6 | 5 | 2 | 1 | 1 | 0 | 1 |
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Commercial Real Estate Incurred but Not yet Paid | - | - | - | - | - | - | 91 | 58 | 49 | 44 | 52 |
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Write-off of fully depreciated assets | - | - | - | - | - | - | 31 | 80 | 31 | 35 | 33 |
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Derivative instruments at fair values included in prepaid expenses and other assets | - | - | - | - | - | - | - | - | - | - | 12 |
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Derivative instruments at fair values included in accounts payable and accrued expenses | - | - | - | - | - | - | - | - | - | - | 0 |
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Conversion of Stock, Amount Converted | - | 41 | 62 | 24 | 23 | 71 | 27 | 30 | 10 | 4 | 18 |
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Transfer of assets related to assets held for sale | - | - | - | - | - | - | - | - | - | 36 | - |
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Transfer of liabilities related to assets held for sale | - | - | - | - | - | - | - | - | - | 6 | - |
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Loans Assumed | - | - | - | - | - | - | - | - | - | 30 | - |
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Issuance Of Private Perpetual Preferred Units In Exchange For Operating Partnership Units | - | - | - | - | - | - | 21 | 1 | - | - | - |
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Noncash or Part Noncash Acquisition, Debt Assumed | - | 183 | - | - | - | - | - | - | 177 | - | - |
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Noncash or Part Noncash Acquisition, Debt Assumed | - | 183 | - | - | - | - | - | - | 177 | - | - |
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Contribution from other partnerships | - | - | - | - | - | - | - | - | 13 | - | - |
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Contribution from other partnerships | - | - | - | - | - | - | - | - | 13 | - | - |
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