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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Commercial real estate properties, at cost:    
Land $ 201,196 $ 201,196
Development costs 7,938 7,989
Building and improvements 2,925,532 2,900,248
Commercial real estate properties, at cost 3,134,666 3,109,433
Less: accumulated depreciation (927,517) (862,534)
Commercial real estate properties, net 2,207,149 2,246,899
Cash and cash equivalents 373,088 233,946
Restricted cash 54,865 37,651
Tenant and other receivables 25,853 25,423
Deferred rent receivables 223,886 220,960
Prepaid expenses and other assets 50,773 65,453
Deferred costs, net 207,774 228,150
Acquired below-market ground leases, net 346,693 352,566
Right of use assets 29,154 29,307
Goodwill 491,479 491,479
Total assets 4,010,714 3,931,834
Liabilities:    
Mortgage notes payable, net 603,178 605,542
Senior unsecured notes, net 973,106 798,392
Unsecured term loan facilities, net 387,309 264,640
Unsecured revolving credit facility, net 0 0
Accounts payable and accrued expenses 111,918 143,786
Acquired below-market leases, net 33,405 39,679
Ground lease liabilities 29,154 29,307
Deferred revenue and other liabilities 77,572 72,015
Tenants’ security deposits 51,257 30,560
Total liabilities 2,266,899 1,983,921
Commitments and contingencies
Capital:    
Total capital 1,743,815 1,947,913
Total liabilities and capital 4,010,714 3,931,834
Private Perpetual Preferred Units, Series 2019    
Capital:    
Private perpetual preferred units 21,936 21,147
Private Perpetual Preferred Units, Series 2014    
Capital:    
Private perpetual preferred units 8,004 8,004
Series PR Operating Partnership Units    
Capital:    
ESRT partner's capital (2,883,759 and 2,996,520 general partner operating partnership units and 170,108,330 and 178,897,876 limited partner operating partnership units outstanding in 2020 and 2019, respectively) 1,069,269 1,228,520
Limited partner operating partnership units 647,465 680,580
Series ES operating partnership units    
Capital:    
Limited partner operating partnership units (1,637) 7,262
Series 60 operating partnership units    
Capital:    
Limited partner operating partnership units (819) 1,593
Series 250 operating partnership units    
Capital:    
Limited partner operating partnership units $ (403) $ 807