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Capital (Tables)
6 Months Ended
Jun. 30, 2014
Stockholders' Equity Note Disclosure, Disclosure of Compensation Related Costs, Share-based Payments and Earnings Per Share [Abstract]  
Summary of Restricted Stock and Long-Term Incentive Plan Activity
The following is a summary of ESRT restricted stock and LTIP unit activity for the six months ended June 30, 2014:
 
Restricted Stock
 
LTIP Units
 
Weighted Average Grant Price
Unvested balance at December 31, 2013
144,371

 
913,561

 
$
13.00

Vested
(5,856
)
 

 
(13.58
)
Granted
14,120

 
488,613

 
15.04

Forfeited
(10,691
)
 
(3,413
)
 
(13.21
)
Unvested balance at June 30, 2014
141,944

 
1,398,761

 
$
13.66

Schedule of Earnings Per Unit, Basic and Diluted
Earnings per unit for the three and six months ended June 30, 2014 is computed as follows (amounts in thousands, except per unit amounts):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2014
 
June 30, 2014
Numerator:
 
 
 
Net income - basic and diluted
$
25,281

 
$
36,512

 
 
 
 
Denominator:
 
 
 
Weighted average units outstanding - basic
245,899

 
245,839

Effective of dilutive securities - share-based compensation
42

 
42

Weighted average units outstanding - dilutive
245,941

 
245,881

 
 
 
 
Earnings per unit:
 
 
 
Basic earnings per unit
$
0.10

 
$
0.15

Diluted earnings per unit
$
0.10

 
$
0.15