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Capital (Tables)
 9 Months Ended
Sep. 30, 2019
Stockholders' Equity Note Disclosure, Disclosure of Compensation Related Costs, Share-based Payments and Earnings Per Share [Abstract]  
Summary of ERST Restricted Stock and LTIP Unit
The following is a summary of ESRT restricted stock and LTIP unit activity for the nine months ended September 30, 2019:
 
Restricted Stock
 
LTIP Units
 
Weighted Average Grant Fair Value
Unvested balance at December 31, 2018
91,158

 
5,702,821

 
$
9.68

Vested
(35,724
)
 
(598,402
)
 
15.98

Granted
69,358

 
2,848,726

 
9.55

Forfeited or unearned
(5,762
)
 
(1,972,548
)
 
7.34

Unvested balance at September 30, 2019
119,030

 
5,980,597

 
$
9.72
Earnings Per Unit
Earnings per unit for the three and nine months ended September 30, 2019 and 2018 is computed as follows (amounts in thousands, except per share amounts):
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2019
 
September 30, 2018
 
September 30, 2019
 
September 30, 2018
Numerator:
 
 
 
 
 
 
 
Net income
$
26,784

 
$
29,230

 
$
55,570

 
$
77,472

Private perpetual preferred unit distributions
(234
)
 
(234
)
 
(702
)
 
(702
)
Earnings allocated to unvested units
(243
)
 
(212
)
 
(646
)
 
(586
)
Net income attributable to common unitholders - basic and diluted
$
26,307

 
$
28,784

 
$
54,222

 
$
76,184

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average units outstanding - basic
298,151

 
297,478

 
298,117

 
297,180

Effect of dilutive securities:
 
 
 
 
 
 
 
  Stock-based compensation plans

—

 
—

 
—

 
1

Weighted average units outstanding - diluted
298,151

 
297,478

 
298,117

 
297,181

 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
Basic
$
0.09

 
$
0.10

 
$
0.18

 
$
0.26

Diluted
$
0.09

 
$
0.10

 
$
0.18

 
$
0.26