XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.20.2

Intangible Assets and Liabilities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Summary of Intangible Assets and Liabilities | The following tables summarize our intangible assets (acquired above-market leases and acquired in-place leases) and intangible liabilities (acquired below-market leases) and the related amortization as of the dates thereof and for the periods set forth below.
| As of |
(Amounts in thousands) | June 30, 2020 |  |  | December 31, 2019 |
Intangible assets: |  |  |  |  |  |  |
Gross amount | $ | 438,402 |  |  | $ | 466,099 |
Accumulated amortization |  | (259,158 | ) |  |  | (262,930 | )
| $ | 179,244 |  |  | $ | 203,169 |
Intangible liabilities: |  |  |  |  |  |  |
Gross amount | $ | 163,977 |  |  | $ | 174,670 |
Accumulated amortization |  | (98,208 | ) |  |  | (100,881 | )
| $ | 65,769 |  |  | $ | 73,789 |
| For the Three Months Ended |  |  | For the Six Months Ended |
| June 30, |  |  | June 30, |
(Amounts in thousands) | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Amortization of above and below-market leases, net (component of "rental revenue") | $ | 1,235 |  |  | $ | 2,747 |  |  | $ | 2,778 |  |  | $ | 6,043 |
Amortization of acquired in-place leases (component of "depreciation and amortization") |  | 9,190 |  |  |  | 11,777 |  |  |  | 18,682 |  |  |  | 24,530 |
Schedule of Estimated Annual Amortization of Acquired Below-Market Leases, Net of Acquired Above-Market Leases and In Place Leases | The following table sets forth annual amortization of acquired above and below-market leases, net and amortization of acquired in-place leases for each of the five succeeding years commencing from January 1, 2021.
(Amounts in thousands) For the Year Ending December 31, |  | Above and Below-Market Leases, Net |  |  | In-Place Leases |
2021 |  | $ | 3,647 |  |  | $ | 26,420 |
2022 |  |  | 1,177 |  |  |  | 21,923 |
2023 |  |  | 4,604 |  |  |  | 17,856 |
2024 |  |  | 5,540 |  |  |  | 14,387 |
2025 |  |  | 4,179 |  |  |  | 10,480 |

X
- Definition Below market lease future and in place leases amortization income. + References No definition available. + Details
Name: | pgre_BelowMarketLeaseFutureAndInPlaceLeasesAmortizationIncomeTableTextBlock
Namespace Prefix: | pgre_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of identifiable intangible assets and liabilities. + References No definition available. + Details
Name: | pgre_ScheduleOfIntangibleAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | pgre_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration