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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Commercial real estate properties, at cost:    
Land $ 201,196 $ 201,196
Development costs 7,946 7,498
Building and improvements 2,196,864 2,067,636
Commercial real estate properties, at cost 2,406,006 2,276,330
Less: accumulated depreciation (532,406) (465,584)
Commercial real estate properties, net 1,873,600 1,810,746
Cash and cash equivalents 594,297 46,685
Restricted cash 60,752 65,880
Tenant and other receivables, net of allowance of $4,242 and $2,792 in 2016 and 2015, respectively 19,569 18,782
Deferred rent receivables, net of allowance of $228 and $245 in 2016 and 2015, respectively 143,578 122,048
Prepaid expenses and other assets 33,685 50,460
Deferred costs, net 287,591 310,679
Acquired below-market ground leases, net 378,018 383,891
Goodwill 491,479 491,479
Total assets 3,882,569 3,300,650
Liabilities:    
Mortgage notes payable, net 763,457 747,661
Senior unsecured notes, net 589,546 587,018
Unsecured term loan facility, net 262,830 262,545
Unsecured revolving credit facility, net 0 35,192
Accounts payable and accrued expenses 154,573 111,099
Acquired below-market leases, net 87,708 104,171
Deferred revenue and other liabilities 24,176 31,388
Tenants’ security deposits 47,440 48,890
Total liabilities 1,929,730 1,927,964
Commitments and contingencies
Capital:    
Private perpetual preferred units, $16.62 per unit liquidation preference, 1,560,360 issued and outstanding in 2016 and 2015 8,004 8,004
Total capital 1,952,839 1,372,686
Total liabilities and capital 3,882,569 3,300,650
Series PR operating partnership units    
Capital:    
ESRT partner's capital (2,990,995 and 2,675,740 general partner operating partnership units and 151,934,649 and 117,347,639 limited partner operating partnership units outstanding in 2016 and 2015, respectively) 1,137,558 524,729
Limited partner operating partnership units 785,294 809,901
Series ES operating partnership units    
Capital:    
Limited partner operating partnership units 16,291 22,074
Series 60 operating partnership units    
Capital:    
Limited partner operating partnership units 3,845 5,366
Series 250 operating partnership units    
Capital:    
Limited partner operating partnership units $ 1,847 $ 2,612