XML 19 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Capital - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance $ 1,731,307 $ 1,947,913 $ (1,991,109)
Issuance of private perpetual preferred in exchange for OP units 0 0 0
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital $ 0 0 0
Repurchase of common units (in shares) (4,886,932)    
Repurchases of common units $ (46,704) (143,713)  
Contributions to consolidated joint venture interests 13,269    
Equity compensation 20,260 25,495 20,857
Distributions (32,764) (65,047) (127,761)
Net income (loss) (13,037) (22,889) 84,290
Other comprehensive income (loss) 12,001 (10,452) (20,582)
Ending balance $ 1,684,332 $ 1,731,307 $ 1,947,913
General Partner | Series PR Operating Partnership Units      
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance (in shares) 171,565,000 181,894,000 174,912,000
Beginning balance $ 1,055,249 $ 1,228,520 $ 1,238,482
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital (in shares) 3,498,000 6,807,000 6,929,000
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital $ 10,426 $ 29,863 $ 27,495
Repurchase of common units (in shares) (4,887,000) (17,279,000)  
Repurchases of common units $ (46,704) $ (143,713)  
Equity compensation (in shares) 41,000 143,000 53,000
Equity compensation $ 513 $ 921 $ 618
Distributions (18,110) (37,181) (75,192)
Net income (loss) (10,711) (16,712) 49,445
Other comprehensive income (loss) $ 7,465 $ (6,449) $ (12,328)
Ending balance (in shares) 170,217,000 171,565,000 181,894,000
Ending balance $ 998,128 $ 1,055,249 $ 1,228,520
Limited Partners | Series PR Operating Partnership Units      
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance (in shares) 80,355,000 81,388,000 86,202,000
Beginning balance $ 648,543 $ 680,580 $ 725,108
Issuance of private perpetual preferred in exchange for OP units (in shares) 0 (97,000) (2,488,000)
Issuance of private perpetual preferred in exchange for OP units $ 0 $ (800) $ (20,613)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital (in shares) (1,317,000) (3,751,000) (3,208,000)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital $ (10,643) $ (29,803) $ (26,323)
Equity compensation (in shares) 782,000 2,815,000 882,000
Equity compensation $ 19,747 $ 24,574 $ 20,239
Distributions (7,121) (16,247) (34,314)
Net income (loss) (4,513) (7,043) 21,958
Other comprehensive income (loss) $ 3,144 $ (2,718) $ (5,475)
Ending balance (in shares) 79,820,000 80,355,000 81,388,000
Ending balance $ 649,157 $ 648,543 $ 680,580
Limited Partners | Series ES Operating Partnership Units Limited Partners      
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance (in shares) 23,678,000 25,810,000 30,129,000
Beginning balance $ (1,348) $ 7,262 $ 14,399
Issuance of private perpetual preferred in exchange for OP units (in shares) 0 43,000 (1,632,000)
Issuance of private perpetual preferred in exchange for OP units $ 0 $ 11 $ (432)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital (in shares) (1,357,000) (2,175,000) (2,687,000)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital $ 105 $ (92) $ (918)
Distributions (2,382) (5,264) (11,736)
Net income (loss) (1,429) (2,356) 7,925
Other comprehensive income (loss) $ 996 $ (909) $ (1,976)
Ending balance (in shares) 22,321,000 23,678,000 25,810,000
Ending balance $ (4,058) $ (1,348) $ 7,262
Limited Partners | Series 60 Operating Partnership Units Limited Partners      
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance (in shares) 6,424,000 7,025,000 8,020,000
Beginning balance $ (721) $ 1,593 $ 3,385
Issuance of private perpetual preferred in exchange for OP units (in shares) 0 0 (303,000)
Issuance of private perpetual preferred in exchange for OP units $ 0 $ 0 $ (63)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital (in shares) (540,000) (601,000) (692,000)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital $ 73 $ 22 $ (171)
Distributions (632) (1,435) (3,169)
Net income (loss) (379) (650) 2,146
Other comprehensive income (loss) $ 264 $ (251) $ (535)
Ending balance (in shares) 5,884,000 6,424,000 7,025,000
Ending balance $ (1,395) $ (721) $ 1,593
Limited Partners | Series 250 Operating Partnership Units Limited Partners      
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance (in shares) 3,255,000 3,535,000 4,064,000
Beginning balance $ (356) $ 807 $ 1,731
Issuance of private perpetual preferred in exchange for OP units (in shares) 0 0 (187,000)
Issuance of private perpetual preferred in exchange for OP units $ 0 $ 0 $ (39)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital (in shares) (285,000) (280,000) (342,000)
Conversion of operating partnership units and Class B shares to ESRT Partner's Capital $ 39 $ 10 $ (83)
Distributions (318) (723) (1,607)
Net income (loss) (189) (325) 1,073
Other comprehensive income (loss) $ 132 $ (125) $ (268)
Ending balance (in shares) 2,970,000 3,255,000 3,535,000
Ending balance $ (692) $ (356) $ 807
Private Perpetual Preferred Units      
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance (in shares) 6,224,000 6,170,000 1,560,000
Beginning balance $ 29,940 $ 29,151 $ 8,004
Issuance of private perpetual preferred in exchange for OP units (in shares) 0 54,000 4,610,000
Issuance of private perpetual preferred in exchange for OP units $ 0 $ 789 $ 21,147
Distributions (4,201) (4,197) (1,743)
Net income (loss) $ 4,201 $ 4,197 $ 1,743
Ending balance (in shares) 6,224,000 6,224,000 6,170,000
Ending balance $ 29,940 $ 29,940 $ 29,151
Non-controlling Interest in Other Partnerships      
Increase (Decrease) in Partners' Capital [Roll Forward]      
Beginning balance 0 0 0
Contributions to consolidated joint venture interests 13,269    
Net income (loss) (17)    
Ending balance $ (13,252) $ 0 $ 0