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Basis of Presentation and Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Summary of Reconciliation Net Loss Attributable to Estimated Taxable Income | The following table reconciles net loss attributable to Paramount Group, Inc. to estimated taxable income for the years ended December 31, 2024, 2023 and 2022.
| For the Year Ended December 31, |
(Amounts in thousands) | 2024 |  |  | 2023 |  |  | 2022 |
Net loss attributable to Paramount Group, Inc. | $ | (46,288 | ) |  | $ | (259,744 | ) |  | $ | (36,403 | )
Book to tax differences: |  |  |  |  |  |  |  |
Straight-lining of rents and amortization of above and below-market leases, net |  | (18,266 | ) |  |  | 6,832 |  |  |  | (5,780 | )
Depreciation and amortization |  | 39,091 |  |  |  | 39,037 |  |  |  | 54,892 |
Stock-based compensation |  | 18,460 |  |  |  | 19,052 |  |  |  | 17,607 |
Our share of real estate impairment losses of unconsolidated joint ventures |  | 33,733 |  |  |  | 226,230 |  |  |  | 31,685 |
Other, net |  | (13,941 | ) |  |  | 3,014 |  |  |  | 20,352 |
Estimated taxable income | $ | 12,789 |  |  | $ | 34,421 |  |  | $ | 82,353 |
Summary of Characterization of Dividend Distributions for Federal Income Tax Purposes | The following table sets forth the characterization of dividend distributions for federal income tax purposes for the years ended December 31, 2024, 2023 and 2022.
|  | For the Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | Amount |  |  | % |  |  | Amount |  |  | % |  |  | Amount |  |  | % |
Ordinary income |  | $ | 0.059 |  | (1) |  | 56.2 | % |  | $ | 0.158 |  | (1) |  | 89.3 | % |  | $ | 0.373 |  | (1) |  | 100.0 | %
Long-term capital gain |  |  | - |  |  |  | 0.0 | % |  |  | - |  |  |  | 0.0 | % |  |  | - |  |  |  | 0.0 | %
Return of capital |  |  | 0.046 |  |  |  | 43.8 | % |  |  | 0.019 |  |  |  | 10.7 | % |  |  | - |  |  |  | 0.0 | %
Total |  | $ | 0.105 |  | (2) |  | 100.0 | % |  | $ | 0.177 |  | (2)(3) |  | 100.0 | % |  | $ | 0.373 |  | (3) |  | 100.0 | %
(1) Represents amounts treated as “qualified REIT dividends” for purposes of Internal Revenue Code Section 199A. (2) Dividends declared in the fourth quarter of the year ended December 31, 2023 of $0.035 per share, that were paid in January 2024, were attributable to the year ended December 31, 2024 for federal income tax purposes. (3) Dividends declared in the fourth quarter of the year ended December 31, 2022 of $0.0775 per share, that were paid in January 2023, were a split-year dividend with $0.070425 per share attributable to the year ended December 31, 2022 for federal income tax purposes and the remaining $0.007075 per share attributable to the year ended December 31, 2023.

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