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v3.26.1

Consolidated Statements of Capital (unaudited) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2026 | Mar. 31, 2025
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | $ 1,822,192 | $ 1,781,962
Conversion of operating partnership units to ESRT Partner's Capital | $ 0 | 0
Repurchases of common units (in shares) | 0 |
Repurchases of common units | $ 0 | 0
Equity compensation | 5,162 | 4,083
Distributions | (10,692) | (10,783)
Net income | 2,995 | 15,778
Other comprehensive income (loss) | 4,481 | (5,165)
Ending balance | $ 1,824,138 | $ 1,785,875
General Partner | Series PR Operating Partnership Units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance (in shares) | 170,495,000 | 167,383,000
Beginning balance | $ 1,060,002 | $ 1,030,696
Conversion of operating partnership units to ESRT Partner's Capital (in shares) | 1,060,000 | 533,000
Conversion of operating partnership units to ESRT Partner's Capital | $ 5,989 | $ 1,585
Repurchases of common units (in shares) | 0 | 0
Repurchases of common units | $ 0 | $ 0
Equity compensation (in shares) | 504,000 | 154,000
Equity compensation | $ 146 | $ (327)
Distributions | (6,022) | (5,880)
Net income | 1,235 | 9,220
Other comprehensive income (loss) | $ 2,845 | $ (3,234)
Ending balance (in shares) | 172,059,000 | 168,070,000
Ending balance | $ 1,064,195 | $ 1,032,060
Limited Partners | Series PR Operating Partnership Units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance (in shares) | 83,927,000 | 81,605,000
Beginning balance | $ 721,183 | $ 711,904
Conversion of operating partnership units to ESRT Partner's Capital (in shares) | (675,000) | (166,000)
Conversion of operating partnership units to ESRT Partner's Capital | $ (5,804) | $ (1,445)
Equity compensation (in shares) | 4,806,000 | 4,427,000
Equity compensation | $ 5,016 | $ 4,410
Distributions | (2,818) | (2,982)
Net income | 543 | 4,139
Other comprehensive income (loss) | $ 1,250 | $ (1,451)
Ending balance (in shares) | 88,058,000 | 85,866,000
Ending balance | $ 719,370 | $ 714,575
Limited Partners | Series ES Operating Partnership Units Limited Partners |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance (in shares) | 16,786,000 | 18,181,000
Beginning balance | $ 8,234 | $ 7,126
Conversion of operating partnership units to ESRT Partner's Capital (in shares) | (317,000) | (312,000)
Conversion of operating partnership units to ESRT Partner's Capital | $ (156) | $ (122)
Distributions | (577) | (628)
Net income | 121 | 987
Other comprehensive income (loss) | $ 278 | $ (346)
Ending balance (in shares) | 16,469,000 | 17,869,000
Ending balance | $ 7,900 | $ 7,017
Limited Partners | Series 60 Operating Partnership Units Limited Partners |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance (in shares) | 4,296,000 | 4,589,000
Beginning balance | $ 1,790 | $ 1,436
Conversion of operating partnership units to ESRT Partner's Capital (in shares) | (58,000) | (27,000)
Conversion of operating partnership units to ESRT Partner's Capital | $ (24) | $ (8)
Distributions | (148) | (160)
Net income | 31 | 250
Other comprehensive income (loss) | $ 72 | $ (88)
Ending balance (in shares) | 4,238,000 | 4,562,000
Ending balance | $ 1,721 | $ 1,430
Limited Partners | Series 250 Operating Partnership Units Limited Partners |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance (in shares) | 2,216,000 | 2,393,000
Beginning balance | $ 1,043 | $ 860
Conversion of operating partnership units to ESRT Partner's Capital (in shares) | (10,000) | (28,000)
Conversion of operating partnership units to ESRT Partner's Capital | $ (5) | $ (10)
Distributions | (77) | (83)
Net income | 15 | 132
Other comprehensive income (loss) | $ 36 | $ (46)
Ending balance (in shares) | 2,206,000 | 2,365,000
Ending balance | $ 1,012 | $ 853
Private Perpetual Preferred Units |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance (in shares) | 6,224,000 | 6,224,000
Beginning balance | $ 29,940 | $ 29,940
Distributions | (1,050) | (1,050)
Net income | $ 1,050 | $ 1,050
Ending balance (in shares) | 6,224,000 | 6,224,000
Ending balance | $ 29,940 | $ 29,940
Non-controlling Interest in Other Partnerships |  |
Increase (Decrease) in Partners' Capital [Roll Forward] |  |
Beginning balance | 0 | 0
Ending balance | $ 0 | $ 0

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