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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Commercial real estate properties, at cost:    
Land $ 365,540 $ 336,278
Development costs 8,166 8,131
Building and improvements 3,177,743 3,156,508
Commercial real estate properties, at cost, gross 3,551,449 3,500,917
Less: accumulated depreciation (1,137,267) (1,072,938)
Commercial real estate properties, net 2,414,182 2,427,979
Assets held for sale 35,538 0
Cash and cash equivalents 264,434 423,695
Restricted cash 50,244 50,943
Tenant and other receivables 24,102 18,647
Deferred rent receivables 240,188 224,922
Prepaid expenses and other assets 98,114 76,549
Deferred costs, net 187,570 202,437
Acquired below market ground leases, net 329,073 336,904
Right of use assets 28,670 28,892
Goodwill 491,479 491,479
Total assets 4,163,594 4,282,447
Liabilities:    
Mortgage notes payable, net 883,705 948,769
Senior unsecured notes, net 973,659 973,373
Unsecured term loan facilities, net 388,773 388,223
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 80,729 120,810
Acquired below market leases, net 17,849 24,941
Ground lease liabilities 28,670 28,892
Deferred revenue and other liabilities 76,091 84,358
Tenants’ security deposits 25,084 28,749
Liabilities related to assets held for sale 5,943 0
Total liabilities 2,480,503 2,598,115
Commitments and contingencies
Capital:    
Total Empire State Realty OP, L.P.'s capital 1,667,625 1,671,080
Non-controlling interest in other partnerships 15,466 13,252
Total capital 1,683,091 1,684,332
Total liabilities and capital 4,163,594 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 partners' capital (2,710 and 2,812 general partner operating partnership units and 158,420 and 167,405 limited partner operating partnership units outstanding at December 31, 2022 and 2021, respectively) 954,375 998,128
Limited partner operating partnership units 681,827 649,157
Series ES Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units 1,391 (4,058)
Series 60 Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units 16 (1,395)
Series 250 Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units $ 76 $ (692)