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CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2024 | Dec. 31, 2023
Deferred charges, accumulated amortization |  | $ 91,818 | $ 82,265
Intangible assets, accumulated amortization |  | 147,133 | 194,536
Notes and mortgages payable, deferred financing costs |  | 15,420 | 13,566
Intangible liabilities, accumulated amortization |  | $ 93,748 | $ 108,817
Common stock, par value |  | $ 0.01 | $ 0.01
Common stock, shares authorized |  | 900,000,000 | 900,000,000
Common stock, shares issued |  | 217,527,797 | 217,366,089
Common stock, shares outstanding |  | 217,527,797 | 217,366,089
Operating partnership, units outstanding |  | 20,057,699 | 19,468,095
Total assets | [1] | $ 7,871,503 | $ 8,006,215
Total liabilities | [1] | 3,862,006 | 3,991,327
Variable Interest Entities [Member] |  |  |
Total assets |  | 3,834,072 | 3,860,326
Total liabilities |  | $ 2,393,672 | $ 2,522,385
Variable Interest Entities [Member] | Paramount Group Operating Partnership [Member] |  |  |
Percentage of ownership in operating partnership |  | 91.60% |
[1] | Represents the consolidated assets and liabilities of Paramount Group Operating Partnership LP, a Delaware limited partnership (the “Operating Partnership”). The Operating Partnership is a consolidated variable interest entity (“VIE”), of which we are the sole general partner and own approximately 91.6% as of December 31, 2024. As of December 31, 2024, the assets and liabilities of the Operating Partnership include $3,834,072 and $2,393,672 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 12, Variable Interest Entities (“VIEs”).

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