XML 40 R27.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Deferred Costs, Acquired Lease Intangibles and Goodwill (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Deferred Costs, Net | Deferred costs, net, consisted of the following at December 31, 2016 and 2015 (amounts in thousands):
| 2016 |  | 2015
Leasing costs | $ | 140,325 |  |  | $ | 121,864 |
Acquired in-place lease value and deferred leasing costs | 253,113 |  |  | 285,902 |
Acquired above-market leases | 74,770 |  |  | 81,680 |
| 468,208 |  |  | 489,446 |
Less: accumulated amortization | (195,617 | ) |  | (178,767 | )
Total deferred costs, net, excluding net deferred financing costs | $ | 272,591 |  |  | $ | 310,679 |
Deferred financing costs, net, consisted of the following at December 31, 2016 and 2015 (amounts in thousands):
| 2016 |  | 2015
Financing costs | $ | 23,145 |  |  | $ | 20,882 |
Less: accumulated amortization | (12,241 | ) |  | (7,972 | )
Total deferred financing costs, net | $ | 10,904 |  |  | $ | 12,910 |
Schedule of Amortizing Acquired Intangible Assets and Liabilities | Amortizing acquired intangible assets and liabilities consisted of the following at December 31, 2016 and 2015 (amounts in thousands):
| 2016 |  | 2015
Acquired below-market ground leases | $ | 396,916 |  |  | $ | 396,916 |
Less: accumulated amortization | (20,856 | ) |  | (13,025 | )
Acquired below-market ground leases, net | $ | 376,060 |  |  | $ | 383,891 |
| 2016 |  | 2015
Acquired below-market leases | $ | (135,026 | ) |  | $ | (163,290 | )
Less: accumulated amortization | 52,726 |  |  | 59,119 |
Acquired below-market leases, net | $ | (82,300 | ) |  | $ | (104,171 | )
Schedule of Future Amortization Expense and Rental Revenue from Acquired Intangible Assets | We expect to recognize amortization expense and rental revenue from the acquired intangible assets and liabilities as follows (amounts in thousands):
For the year ending: | Future Ground Rent Amortization |  | Future Amortization Expense |  | Future Rental Revenue
2017 | $ | 7,831 |  |  | $ | 24,359 |  |  | $ | 6,092 |
2018 | 7,831 |  |  | 19,021 |  |  | 6,378 |
2019 | 7,831 |  |  | 16,338 |  |  | 6,557 |
2020 | 7,831 |  |  | 13,284 |  |  | 3,453 |
2021 | 7,831 |  |  | 11,420 |  |  | 2,825 |
Thereafter | 336,905 |  |  | 52,169 |  |  | 15,829 |
| $ | 376,060 |  |  | $ | 136,591 |  |  | $ | 41,134 |

X
- Definition Schedule of Amortizing Acquired Intangible Assets and Liabilities [Table Text Block] + References No definition available. + Details
Name: | esrt_ScheduleofAmortizingAcquiredIntangibleAssetsandLiabilitiesTableTextBlock
Namespace Prefix: | esrt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Future Amortization Expense and Rental Revenue from Acquired Intangible Assets [Table Text Block] + References No definition available. + Details
Name: | esrt_ScheduleofFutureAmortizationExpenseandRentalRevenuefromAcquiredIntangibleAssetsTableTextBlock
Namespace Prefix: | esrt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration