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Capital (Tables) | 12 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
Schedule of Equity Securities Repurchased | The following table summarizes our purchases of equity securities for the year ended December 31, 2022:
Period | Total Number of Shares Purchased |  | Average Price Paid Per Share |  | Total Number of Shares Purchased as Part of Publicly Announced Plan |  | Maximum Approximate Dollar Value Available for Future Purchase (in thousands)
Year ended December 31, 2022 | 11,571,133 |  |  | $ | 7.79 |  |  | 11,571,133 |  |  | $ | 409,824 |
Schedule of Dividends Declared | The following table summarizes the distributions paid on our operating partnership units for the years ended December 31, 2022, 2021 and 2020:
Record Date |  | Payment Date |  | Amount per Operating Partnership Unit
December 19, 2022 |  | December 31, 2022 |  | $0.035
September 15, 2022 |  | September 30, 2022 |  | $0.035
June 15, 2022 |  | June 30, 2022 |  | $0.035
March 15, 2022 |  | March 31, 2022 |  | $0.035
December 20, 2021 |  | December 31, 2021 |  | $0.035
September 15, 2021 |  | September 30, 2021 |  | $0.035
June 15, 2021 |  | June 30, 2021 |  | $0.035
June 19, 2020 |  | June 30, 2020 |  | $0.105
March 16, 2020 |  | March 31, 2020 |  | $0.105
Schedule of Restricted Stock and Long-Term Incentive Plan Activity | The following is a summary of ESRT restricted stock and LTIP unit activity for the year ended December 31, 2022:
| ESRT Restricted Stock |  | Time-based LTIPs |  | Market-based LTIPs |  | Performance-based LTIPs |  | Weighted Average Grant Fair Value
Unvested balance at December 31, 2021 | 214,408 |  |  | 2,499,592 |  |  | 5,039,134 |  |  | — |  |  | $ | 7.02 |
Vested | (69,545) |  |  | (1,300,504) |  |  | (113,576) |  |  | (35,695) |  |  | 9.28 |
Granted | 232,448 |  |  | 1,514,434 |  |  | 780,155 |  |  | 578,943 |  |  | 7.21 |
Forfeited or unearned | (18,018) |  |  | — |  |  | (1,635,176) |  |  | (32,259) |  |  | 6.84 |
Unvested balance at December 31, 2022 | 359,293 |  |  | 2,713,522 |  |  | 4,070,537 |  |  | 510,989 |  |  | $ | 6.69 |
Schedule of Earnings Per Unit, Basic and Diluted | Earnings per unit for the years ended December 31, 2022, 2021 and 2020 is computed as follows (amounts in thousands, except per share amounts):
| For the Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Numerator: |  |  |  |  |
Net income (loss) | $ | 63,212 |  |  | $ | (13,037) |  |  | $ | (22,889) |
Private perpetual preferred unit distributions | (4,201) |  |  | (4,201) |  |  | (4,197) |
Net income attributable to non-controlling interests in other partnerships | 243 |  |  | — |  |  | — |
Earnings allocated to unvested shares | — |  |  | (340) |  |  | (985) |
Net income (loss) attributable to common unitholders - basic and diluted | $ | 59,254 |  |  | $ | (17,578) |  |  | $ | (28,071) |
Denominator: |  |  |  |  |
Weighted average units outstanding - basic | 268,337 |  |  | 277,420 |  |  | 283,826 |
Effect of dilutive securities: |  |  |  |  |
Stock-based compensation plans | 1,611 |  |  | — |  |  | 11 |
Weighted average shares outstanding - diluted | 269,948 |  |  | 277,420 |  |  | 283,837 |
Earnings per unit - basic and diluted | $ | 0.22 |  |  | $ | (0.06) |  |  | $ | (0.10) |

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- Definition Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 25 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=6405686&loc=d3e22802-112653 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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