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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Commercial real estate properties, at cost:    
Land $ 361,497 $ 365,540
Development costs 8,178 8,166
Building and improvements 3,183,615 3,177,743
Commercial real estate properties, at cost 3,553,290 3,551,449
Less: accumulated depreciation (1,162,923) (1,137,267)
Commercial real estate properties, net 2,390,367 2,414,182
Assets held for sale 35,980 35,538
Cash and cash equivalents 272,648 264,434
Restricted cash 108,183 50,244
Tenant and other receivables 23,879 24,102
Deferred rent receivables 238,842 240,188
Prepaid expenses and other assets 57,891 98,114
Deferred costs, net 182,367 187,570
Acquired below-market ground leases, net 327,115 329,073
Right of use assets 28,612 28,670
Goodwill 491,479 491,479
Total assets 4,157,363 4,163,594
Liabilities:    
Mortgage notes payable, net 882,142 883,705
Senior unsecured notes, net 973,714 973,659
Unsecured term loan facilities, net 388,901 388,773
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 71,605 80,729
Acquired below-market leases, net 16,581 17,849
Ground lease liabilities 28,612 28,670
Deferred revenue and other liabilities 76,769 76,091
Tenants’ security deposits 35,111 25,084
Liabilities related to assets held for sale 6,862 5,943
Total liabilities 2,480,297 2,480,503
Commitments and contingencies
Capital:    
Total Empire State Realty OP, L.P.'s capital 1,662,006 1,667,625
Non-controlling interest in other partnerships 15,060 15,466
Total capital 1,677,066 1,683,091
Total liabilities and capital 4,157,363 4,163,594
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 (2,719 and 2,710 general partner operating partnership units and 158,609 and 158,420 limited partner operating partnership units outstanding in 2023 and 2022, respectively) 948,251 954,375
Limited partner operating partnership units 682,972 681,827
Series ES Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units 925 1,391
Series 60 Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units (94) 16
Series 250 Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units $ 12 $ 76