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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Commercial real estate properties, at cost:    
Land $ 336,278 $ 336,278
Development costs 8,162 8,131
Building and improvements 3,190,927 3,156,508
Commercial real estate properties, at cost 3,535,367 3,500,917
Less: accumulated depreciation (1,124,090) (1,072,938)
Commercial real estate properties, net 2,411,277 2,427,979
Cash and cash equivalents 429,716 423,695
Restricted cash 52,951 50,943
Tenant and other receivables 17,800 18,647
Deferred rent receivables 226,565 224,922
Prepaid expenses and other assets 52,152 76,549
Deferred costs, net 197,602 202,437
Acquired below-market ground leases, net 334,946 336,904
Right of use assets 28,842 28,892
Goodwill 491,479 491,479
Total assets 4,243,330 4,282,447
Liabilities:    
Mortgage notes payable, net 947,479 948,769
Senior unsecured notes, net 973,426 973,373
Unsecured term loan facilities, net 388,365 388,223
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 108,077 120,810
Acquired below-market leases, net 22,459 24,941
Ground lease liabilities 28,842 28,892
Deferred revenue and other liabilities 84,380 84,358
Tenants’ security deposits 28,270 28,749
Total liabilities 2,581,298 2,598,115
Commitments and contingencies
Capital:    
Total Empire State Realty OP, L.P.'s capital 1,648,619 1,671,080
Non-controlling interest in other partnerships 13,413 13,252
Total capital 1,662,032 1,684,332
Total liabilities and capital 4,243,330 4,282,447
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 (2,815 and 2,812 general partner operating partnership units and 166,911 and 167,405 limited partner operating partnership units outstanding in 2022 and 2021, respectively) 978,421 998,128
Limited partner operating partnership units 648,004 649,157
Series ES operating partnership units    
Capital:    
Limited partner operating partnership units (5,206) (4,058)
Series 60 operating partnership units    
Capital:    
Limited partner operating partnership units (1,695) (1,395)
Series 250 Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units $ (845) $ (692)