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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Commercial real estate properties, at cost:    
Land $ 201,196 $ 201,196
Development costs 8,007 7,966
Building and improvements 2,978,531 2,924,804
Commercial real estate properties, at cost 3,187,734 3,133,966
Less: accumulated depreciation (1,055,731) (941,612)
Commercial real estate properties, net 2,132,003 2,192,354
Cash and cash equivalents 582,188 526,714
Restricted cash 38,779 41,225
Tenant and other receivables 21,664 21,541
Deferred rent receivables 228,394 222,508
Prepaid expenses and other assets 60,522 77,182
Deferred costs, net 189,327 203,853
Acquired below-market ground leases, net 338,862 344,735
Right of use assets 28,945 29,104
Goodwill 491,479 491,479
Total assets 4,112,163 4,150,695
Liabilities:    
Mortgage notes payable, net 773,925 775,929
Senior unsecured notes, net 973,320 973,159
Unsecured term loan facilities, net 388,095 387,561
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 94,216 103,203
Acquired below-market leases, net 23,512 31,705
Ground lease liabilities 28,945 29,104
Deferred revenue and other liabilities 90,427 88,319
Tenants’ security deposits 26,042 30,408
Total liabilities 2,398,482 2,419,388
Commitments and contingencies
Capital:    
Total capital 1,713,681 1,731,307
Total liabilities and capital 4,112,163 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 (2,851 and 2,853 general partner operating partnership units and 170,441 and 168,713 limited partner operating partnership units outstanding in 2021 and 2020, respectively) 1,038,978 1,055,249
Limited partner operating partnership units 649,690 648,543
Series ES operating partnership units    
Capital:    
Limited partner operating partnership units (3,172) (1,348)
Series 60 operating partnership units    
Capital:    
Limited partner operating partnership units (1,176) (721)
Series 250 operating partnership units    
Capital:    
Limited partner operating partnership units $ (579) $ (356)