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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Commercial real estate properties, at cost:    
Land $ 201,196 $ 201,196
Development costs 8,064 7,966
Building and improvements 2,959,259 2,924,804
Commercial real estate properties, at cost 3,168,519 3,133,966
Less: accumulated depreciation (1,007,429) (941,612)
Commercial real estate properties, net 2,161,090 2,192,354
Cash and cash equivalents 540,604 526,714
Restricted cash 37,966 41,225
Tenant and other receivables 19,238 21,541
Deferred rent receivables 231,143 222,508
Prepaid expenses and other assets 71,399 77,182
Deferred costs, net 200,735 203,853
Acquired below-market ground leases, net 340,820 344,735
Right of use assets 28,998 29,104
Goodwill 491,479 491,479
Total assets 4,123,472 4,150,695
Liabilities:    
Mortgage notes payable, net 774,612 775,929
Senior unsecured notes, net 973,267 973,159
Unsecured term loan facilities, net 387,954 387,561
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 89,254 103,203
Acquired below-market leases, net 28,532 31,705
Ground lease liabilities 28,998 29,104
Deferred revenue and other liabilities 81,762 88,319
Tenants’ security deposits 25,885 30,408
Total liabilities 2,390,264 2,419,388
Commitments and contingencies
Capital:    
Total capital 1,733,208 1,731,307
Total liabilities and capital 4,123,472 4,150,695
Private perpetual preferred units, series 2019    
Capital:    
Private perpetual preferred units 21,936 21,936
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 (2,857 and 2,853 general partner operating partnership units and 170,543 and 168,713 limited partner operating partnership units outstanding in 2021 and 2020, respectively) 1,055,659 1,055,249
Limited partner operating partnership units 650,473 648,543
Series ES operating partnership units    
Capital:    
Limited partner operating partnership units (1,692) (1,348)
Series 60 operating partnership units    
Capital:    
Limited partner operating partnership units (789) (721)
Series 250 operating partnership units    
Capital:    
Limited partner operating partnership units $ (383) $ (356)