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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Commercial real estate properties, at cost:    
Land $ 201,196 $ 201,196
Development costs 7,951 7,498
Building and improvements 2,249,482 2,067,636
Commercial real estate properties, at cost, gross 2,458,629 2,276,330
Less: accumulated depreciation (556,546) (465,584)
Commercial real estate properties, net 1,902,083 1,810,746
Cash and cash equivalents 554,371 46,685
Restricted cash 61,514 65,880
Tenant and other receivables, net of allowance of $3,333 and $2,792 in 2016 and 2015, respectively 22,542 18,782
Deferred rent receivables, net of allowance of $390 and $245 in 2016 and 2015, respectively 152,074 122,048
Prepaid expenses and other assets 53,749 50,460
Deferred costs, net 277,081 310,679
Acquired below market ground leases, net 376,060 383,891
Goodwill 491,479 491,479
Total assets 3,890,953 3,300,650
Liabilities:    
Mortgage notes payable 759,016 747,661
Senior unsecured notes 590,388 587,018
Unsecured term loan facility 262,927 262,545
Unsecured revolving credit facility 0 35,192
Accounts payable and accrued expenses 134,064 111,099
Acquired below market leases, net 82,300 104,171
Deferred revenue and other liabilities 32,212 31,388
Tenants’ security deposits 47,183 48,890
Total liabilities 1,908,090 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, respectively 8,004 8,004
Total capital 1,982,863 1,372,686
Total liabilities and capital 3,890,953 3,300,650
Series PR Operating Partnership Units [Member]    
Capital:    
ESRT partners' capital (2,990,931 and 2,675,740 general partner operating partnership units and 152,849,546 and 117,347,639 limited partner operating partnership units outstanding at December 31, 2016 and 2015, respectively) 1,154,136 524,729
Limited partner operating partnership units 793,360 809,901
Series ES Operating Partnership Units [Member]    
Capital:    
Limited partner operating partnership units 20,091 22,074
Series 60 Operating Partnership Units [Member]    
Capital:    
Limited partner operating partnership units 4,880 5,366
Series 250 Operating Partnership Units [Member]    
Capital:    
Limited partner operating partnership units $ 2,392 $ 2,612