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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Commercial real estate properties, at cost:    
Land $ 397,666 $ 386,423
Development costs 8,187 8,187
Building and improvements 3,534,902 3,392,043
Commercial real estate properties, at cost 3,940,755 3,786,653
Less: accumulated depreciation (1,381,726) (1,274,193)
Commercial real estate properties, net 2,559,029 2,512,460
Contract asset 0 170,419
Cash and cash equivalents 154,113 385,465
Restricted cash 43,642 43,837
Tenant and other receivables 27,416 31,427
Deferred rent receivables 259,070 247,754
Prepaid expenses and other assets 58,679 101,852
Deferred costs, net 177,307 183,987
Acquired below-market ground leases, net 307,537 313,410
Right of use assets 28,007 28,197
Goodwill 491,479 491,479
Total assets 4,106,279 4,510,287
Liabilities:    
Mortgage notes payable, net 691,046 692,176
Senior unsecured notes, net 1,097,498 1,197,061
Unsecured term loan facilities, net 268,959 268,731
Unsecured revolving credit facility 0 120,000
Debt associated with property in receivership 0 177,667
Accrued interest associated with property in receivership 0 5,433
Accounts payable and accrued expenses 111,732 132,016
Acquired below-market leases, net 15,875 19,497
Ground lease liabilities 28,007 28,197
Deferred revenue and other liabilities 64,191 62,639
Tenants’ security deposits 30,751 24,908
Total liabilities 2,308,059 2,728,325
Commitments and contingencies
Capital:    
Total Empire State Realty OP, L.P.'s capital 1,798,220 1,781,962
Total liabilities and capital 4,106,279 4,510,287
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 (2,786 and 2,742 general partner operating partnership units and 167,156 and 164,641 limited partner operating partnership units outstanding in 2025 and 2024, respectively) 1,043,515 1,030,696
Limited partner operating partnership units 715,594 711,904
Series ES Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units 6,902 7,126
Series 60 Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units 1,427 1,436
Series 250 Operating Partnership Units Limited Partners    
Capital:    
Limited partner operating partnership units $ 842 $ 860