The following tables provides components of segment profit for each segment for the three and nine months ended September 30, 2013 and 2012, as reviewed by management:



Three months ended September 30, 2013	Real Estate			Construction Contracting			Totals
Revenues from external customers	$	56,374		$	5,869		$	62,243
Intersegment revenues	19			1,923			1,942
Total revenues	56,393			7,792			64,185
All operating expenses, excluding noncash items	(22,173		)	(7,623		)	(29,796		)
Interest expense	(14,906		)	—			(14,906		)
Depreciation and amortization expense	(12,763		)	—			(12,763		)
Equity in net income of non-controlled entities	6,918			—			6,918
Segment profit	$	13,469		$	169		$	13,638
Segment assets	$	1,023,333		$	10,585		$	1,033,918
Investment in non-controlled entities	$	88,304		$	—		$	88,304
Expenditures for segment assets	$	23,118		$	—		$	23,118

Empire State Realty Trust, Inc. Predecessor

Notes to Condensed Combined Financial Statements

(amounts in thousands)

(unaudited)



Three months ended September 30, 2012	Real Estate			Construction Contracting			Totals
Revenues from external customers	$	55,824		$	3,587		$	59,411
Intersegment revenues	19			1,023			1,042
Total revenues	55,843			4,610			60,453
All operating expenses, excluding noncash items	(20,988		)	(4,796		)	(25,784		)
Interest expense	(13,735		)	—			(13,735		)
Depreciation and amortization expense	(10,994		)	(6		)	(11,000		)
Equity in net income of non-controlled entities	5,912			—			5,912
Segment profit (loss)	$	16,038		$	(192	)	$	15,846
Segment assets	$	967,108		$	8,463		$	975,571
Investment in non-controlled entities	$	77,777		$	—		$	77,777
Expenditures for segment assets	$	4,942		$	—		$	4,942

The following table provides a reconciliation of segment data to the combined financial statements:



	For the Three Months Ended September 30,
	2013			2012
Revenue reconciliation
Total revenues for reportable segments	$	64,185		$	60,453
Other revenues	35			4
Elimination for intersegment revenues	(1,942		)	(1,042		)
Total combined revenues	$	62,278		$	59,415
Profit or loss
Total profit or loss for reportable segments	$	13,638		$	15,846
Other profit or loss items	(9,633		)	(5,730		)
Formation transaction expenses	(1,507		)	(917		)
Elimination for intersegment profit or loss	(252		)	(188		)
Unallocated amounts:
Investment income	35			4
Net income	$	2,281		$	9,015

Empire State Realty Trust, Inc. Predecessor

Notes to Condensed Combined Financial Statements

(amounts in thousands)

(unaudited)



Nine months ended September 30, 2013	Real Estate			Construction Contracting			Totals
Revenues from external customers	$	165,852		$	18,269		$	184,121
Intersegment revenues	56			6,730			6,786
Total revenues	165,908			24,999			190,907
All operating expenses, excluding noncash items	(63,918		)	(24,651		)	(88,569		)
Interest expense	(43,817		)	—			(43,817		)
Depreciation and amortization expense	(38,030		)	—			(38,030		)
Equity in net income of non-controlled entities	14,816			—			14,816
Segment profit	$	34,959		$	348		$	35,307
Segment assets	$	1,023,333		$	10,585		$	1,033,918
Investment in non-controlled entities	$	88,304		$	—		$	88,304
Expenditures for segment assets	$	56,129		$	—		$	56,129



Nine months ended September 30, 2012	Real Estate			Construction Contracting			Totals
Revenues from external customers	$	164,915		$	11,731		$	176,646
Intersegment revenues	56			4,074			4,130
Total revenues	164,971			15,805			180,776
All operating expenses, excluding noncash items	(63,722		)	(16,234		)	(79,956		)
Interest expense	(40,223		)	—			(40,223		)
Depreciation and amortization expense	(31,855		)	(22		)	(31,877		)
Equity in net income of non-controlled entities	13,498			—			13,498
Segment profit (loss)	$	42,669		$	(451	)	$	42,218
Segment assets	$	967,108		$	8,463		$	975,571
Investment in non-controlled entities	$	77,777		$	—		$	77,777
Expenditures for segment assets	$	53,273		$	—		$	53,273

The following table provides a reconciliation of segment data to the combined financial statements:



	For the Nine Months Ended September 30,
	2013			2012
Revenue reconciliation
Total revenues for reportable segments	$	190,907		$	180,776
Other revenues	146			15
Elimination for intersegment revenues	(6,786		)	(4,130		)
Total combined revenues	$	184,267		$	176,661
Profit or loss
Total profit or loss for reportable segments	$	35,307		$	42,218
Other profit or loss items	(22,807		)	(13,305		)
Formation transaction expenses	(4,507		)	(1,640		)
Elimination for intersegment profit or loss	(857		)	(688		)
Unallocated amounts:
Investment income	146			15
Net income	$	7,282		$	26,600