Empire State Realty OP, L.P.ESBA

Market cap

$291.37M

P/E ratio

3.5x

	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
Rental revenue	-	-	-	-	-	586	563	560	591	597
Observatory revenue	-	-	-	-	-	129	29	41	106	129
Lease termination fees	-	-	-	-	-	4	9	16	20	-
Property Management Fee Revenue	-	-	-	-	1	1	1	1	1	1
Other revenue and fees	-	-	-	-	12	11	6	5	9	12
Total revenues	-	658	678	712	732	731	609	624	727	740
Property operating expenses	-	161	154	164	167	175	136	127	158	167
Ground Rent Expense	-	-	-	-	-	9	9	9	9	9
General and administrative expenses	-	38	49	50	53	61	62	56	62	64
Observatory Expense	-	-	-	-	-	34	24	23	31	35
Real estate taxes	-	93	96	102	110	116	122	120	123	127
Impairment charges	-	-	-	-	-	-	6	8	-	-
Depreciation and amortization	145	171	155	161	169	182	191	202	217	190
Total operating expenses	-	506	493	517	541	577	551	545	600	593
Total operating income	-	151	185	196	191	155	59	79	127	147
Interest income	-	-	-	-	11	11	3	1	5	15
Interest expense	-	67	71	68	80	79	90	94	101	101
Gain on sale/disposition of properties	-	-	-	-	-	-	-	-	34	27
Loss on early extinguishment of debt	-	-	-	-2	-	-	-0	-0	-	-
IPO litigation expense	-	-	-	-	-	-	1	-	-	-
Income (loss) before income taxes	-	84	113	125	122	87	-30	-15	65	87
Income tax (expense) benefit	-	4	6	7	5	2	-7	-2	2	3
Net income (loss)	70	80	107	118	117	84	-23	-13	63	84
Private perpetual preferred unit distributions	-	1	1	1	1	2	4	4	4	4
Net (income) loss attributable to non-controlling interest in other partnerships	-	-	-	-	-	-	-	-0	-0	0
Net income (loss) attributable to common unitholders	-	-	-	-	-	83	-27	-17	59	80
Earnings Per Share, Basic	-	0.29	0.38	0.39	0.39	0.27	-0.1	-0.06	0.22	0.3
Earnings Per Share, Diluted	-	0.29	0.38	0.39	0.39	0.27	-0.1	-0.06	0.22	0.3