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Capital (Tables)
 3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Schedule of Equity Securities Repurchased The following table summarizes ESRT's purchases of equity securities in each of the three months ended March 31, 2021:
PeriodTotal Number of Shares PurchasedWeighted Average Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced PlanMaximum Approximate Dollar Value Available for Future Purchase (in thousands)
January 2021337,339 $9.17 337,339 $496,908 
February 202145,732 $9.65 45,732 $496,467 
March 2021— $— — $496,467 
Summary of ERST Restricted Stock and LTIP Unit Activity The following is a summary of ESRT restricted stock and LTIP unit activity for the three months ended March 31, 2021:
Restricted StockLTIP UnitsWeighted Average Grant Fair Value
Unvested balance at December 31, 2020217,700 7,750,284 $6.94 
Vested(70,338)(847,406)11.94 
Granted120,895 2,059,840 8.38 
Forfeited or unearned(9,495)(1,417,107)5.47 
Unvested balance at March 31, 2021258,762 7,545,611 $7.02 
Earnings Per Unit Earnings per unit for the three months ended March 31, 2021 and 2020 is computed as follows (amounts in thousands, except per share amounts):
Three Months Ended
March 31, 2021March 31, 2020
Numerator:
Net income (loss)$(3,191)$8,288 
Private perpetual preferred unit distributions(1,050)(1,050)
Earnings allocated to unvested units— (257)
Net income (loss) attributable to common unitholders – basic and diluted$(4,241)$6,981 
Denominator:
Weighted average units outstanding – basic277,881 292,645 
Effect of dilutive securities:
  Stock-based compensation plans
— — 
Weighted average units outstanding –- diluted277,881 292,645 
Earnings (loss) per share:
Basic$(0.02)$0.02 
Diluted$(0.02)$0.02