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v3.10.0.1

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2018 | Dec. 31, 2017
--- | --- | ---
Commercial real estate properties, at cost: |  |
Land | $ 201,196 | $ 201,196
Development costs | 7,987 | 7,986
Building and improvements | 2,616,772 | 2,458,473
Commercial real estate properties, at cost | 2,825,955 | 2,667,655
Less: accumulated depreciation | (718,959) | (656,900)
Commercial real estate properties, net | 2,106,996 | 2,010,755
Cash and cash equivalents | 229,745 | 464,344
Restricted cash | 54,356 | 65,853
Short-term investments | 400,000 | 0
Tenant and other receivables, net of allowance of $1,616 and $1,422 in 2018 and 2017, respectively | 31,342 | 28,329
Deferred rent receivables, net of allowance of $22 and $185 in 2018 and 2017, respectively | 195,455 | 178,629
Prepaid expenses and other assets | 50,663 | 61,028
Deferred costs, net | 244,441 | 262,701
Acquired below-market ground leases, net | 362,355 | 368,229
Goodwill | 491,479 | 491,479
Total assets | 4,166,832 | 3,931,347
Liabilities: |  |
Mortgage notes payable, net | 609,299 | 717,164
Senior unsecured notes, net | 1,045,362 | 707,895
Unsecured term loan facility, net | 264,023 | 263,662
Unsecured revolving credit facility | 0 | 0
Accounts payable and accrued expenses | 128,340 | 110,849
Acquired below-market leases, net | 55,662 | 66,047
Deferred revenue and other liabilities | 32,175 | 40,907
Tenants’ security deposits | 42,520 | 47,086
Total liabilities | 2,177,381 | 1,953,610
Commitments and contingencies |  |
Capital: |  |
Private perpetual preferred units, $16.62 per unit liquidation preference, 1,560,360 issued and outstanding in 2018 and 2017 | 8,004 | 8,004
Total capital | 1,989,451 | 1,977,737
Total liabilities and capital | 4,166,832 | 3,931,347
Series PR operating partnership units |  |
Capital: |  |
ESRT partner's capital (3,033,336 and 3,004,095 general partner operating partnership units and 166,187,567 and 158,472,949 limited partner operating partnership units outstanding in 2018 and 2017, respectively) | 1,201,546 | 1,168,282
Limited partner operating partnership units | 759,168 | 778,279
Series ES operating partnership units |  |
Capital: |  |
Limited partner operating partnership units | 15,275 | 17,132
Series 60 operating partnership units |  |
Capital: |  |
Limited partner operating partnership units | 3,541 | 3,992
Series 250 operating partnership units |  |
Capital: |  |
Limited partner operating partnership units | $ 1,917 | $ 2,048

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