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Revenue Recognition | 6 Months Ended
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Jun. 30, 2026
Revenue from Contract with Customer [Abstract] |
Revenue Recognition | Revenue Recognition Below is a summary of our revenues by segment. Additional financial information related to these reportable segments for the three and six months ended June 30, 2026 and 2025 is set forth in Note 19 - Segment Information.
(Amounts in thousands) | For the Three Months Ended June 30, 2026 |  | For the Three Months Ended June 30, 2025 |
| Total |  | New York(1) |  | Other(1) |  | Total |  | New York(1) |  | Other(1) |
Property rentals | $ | 380,255 |  |  | $ | 313,900 |  |  | $ | 66,355 |  |  | $ | 360,167 |  |  | $ | 289,746 |  |  | $ | 70,421 |  |
Trade shows | 6,577 |  |  | — |  |  | 6,577 |  |  | 6,415 |  |  | — |  |  | 6,415 |  |
Sales-type lease income | 2,537 |  |  | 2,537 |  |  | — |  |  | 1,594 |  |  | 1,594 |  |  | — |  |
Lease revenues(2) | 389,369 |  |  | 316,437 |  |  | 72,932 |  |  | 368,176 |  |  | 291,340 |  |  | 76,836 |  |
Tenant services | 10,497 |  |  | 7,373 |  |  | 3,124 |  |  | 9,084 |  |  | 6,497 |  |  | 2,587 |  |
Parking revenues | 5,207 |  |  | 4,019 |  |  | 1,188 |  |  | 4,992 |  |  | 3,941 |  |  | 1,051 |  |
Rental revenues | 405,073 |  |  | 327,829 |  |  | 77,244 |  |  | 382,252 |  |  | 301,778 |  |  | 80,474 |  |
BMS cleaning fees | 33,344 |  |  | 35,848 |  |  | (2,504) |  | (3) | 37,431 |  |  | 39,744 |  |  | (2,313) |  | (3)
Management and leasing fees | 2,658 |  |  | 2,701 |  |  | (43) |  |  | 2,926 |  |  | 3,150 |  |  | (224) |  |
Other income | 21,167 |  |  | 13,938 |  |  | 7,229 |  |  | 18,828 |  |  | 11,850 |  |  | 6,978 |  |
Fee and other income | 57,169 |  |  | 52,487 |  |  | 4,682 |  |  | 59,185 |  |  | 54,744 |  |  | 4,441 |  |
Total revenues | $ | 462,242 |  |  | $ | 380,316 |  |  | $ | 81,926 |  |  | $ | 441,437 |  |  | $ | 356,522 |  |  | $ | 84,915 |  |
_________________ See notes below
(Amounts in thousands) | For the Six Months Ended June 30, 2026 |  | For the Six Months Ended June 30, 2025 |
| Total |  | New York(1) |  | Other(1) |  | Total |  | New York(1) |  | Other(1) |
Property rentals | $ | 753,610 |  |  | $ | 619,423 |  |  | $ | 134,187 |  |  | $ | 742,681 |  |  | $ | 600,434 |  |  | $ | 142,247 |  |
Trade shows | 13,179 |  |  | — |  |  | 13,179 |  |  | 12,851 |  |  | — |  |  | 12,851 |  |
Sales-type lease income | 5,067 |  |  | 5,067 |  |  | — |  |  | 1,594 |  |  | 1,594 |  |  | — |  |
Lease revenues(2) | 771,856 |  |  | 624,490 |  |  | 147,366 |  |  | 757,126 |  |  | 602,028 |  |  | 155,098 |  |
Tenant services | 22,029 |  |  | 15,837 |  |  | 6,192 |  |  | 20,019 |  |  | 14,657 |  |  | 5,362 |  |
Parking revenues | 10,372 |  |  | 8,047 |  |  | 2,325 |  |  | 9,862 |  |  | 7,765 |  |  | 2,097 |  |
Rental revenues | 804,257 |  |  | 648,374 |  |  | 155,883 |  |  | 787,007 |  |  | 624,450 |  |  | 162,557 |  |
BMS cleaning fees | 72,687 |  |  | 77,917 |  |  | (5,230) |  | (3) | 73,907 |  |  | 78,241 |  |  | (4,334) |  | (3)
Management and leasing fees | 5,373 |  |  | 5,623 |  |  | (250) |  |  | 5,956 |  |  | 6,355 |  |  | (399) |  |
Other income | 39,030 |  |  | 25,888 |  |  | 13,142 |  |  | 36,146 |  |  | 22,022 |  |  | 14,124 |  |
Fee and other income | 117,090 |  |  | 109,428 |  |  | 7,662 |  |  | 116,009 |  |  | 106,618 |  |  | 9,391 |  |
Total revenues | $ | 921,347 |  |  | $ | 757,802 |  |  | $ | 163,545 |  |  | $ | 903,016 |  |  | $ | 731,068 |  |  | $ | 171,948 |  |
________________ (1)We have recast certain prior period disclosures to reflect changes to the property composition of our reportable segments. See Note 2 - Basis of Presentation for additional information. (2)The components of lease revenues were as follows:
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Fixed billings | $ | 351,283 |  |  | $ | 341,263 |  |  | $ | 691,923 |  |  | $ | 690,139 |
Variable billings | 35,549 |  |  | 25,319 |  |  | 74,866 |  |  | 65,393 |
Total contractual operating lease billings | 386,832 |  |  | 366,582 |  |  | 766,789 |  |  | 755,532 |
Sales-type lease income | 2,537 |  |  | 1,594 |  |  | 5,067 |  |  | 1,594 |
Lease revenues | $ | 389,369 |  |  | $ | 368,176 |  |  | $ | 771,856 |  |  | $ | 757,126 |
(3)Represents the elimination of Building Maintenance Services LLC ("BMS") cleaning fees related to THE MART and 555 California Street which are included as income in the New York segment.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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