XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Commercial real estate properties, at cost:    
Land $ 201,196 $ 201,196
Development costs 7,966 7,989
Building and improvements 2,924,804 2,900,248
Commercial real estate properties, at cost, gross 3,133,966 3,109,433
Less: accumulated depreciation (941,612) (862,534)
Commercial real estate properties, net 2,192,354 2,246,899
Cash and cash equivalents 526,714 233,946
Restricted cash 41,225 37,651
Tenant and other receivables 21,541 25,423
Deferred rent receivables 222,508 220,960
Prepaid expenses and other assets 77,182 65,453
Deferred costs, net 203,853 228,150
Acquired below market ground leases, net 344,735 352,566
Right of use assets 29,104 29,307
Goodwill 491,479 491,479
Total assets 4,150,695 3,931,834
Liabilities:    
Mortgage notes payable, net 775,929 605,542
Senior unsecured notes, net 973,159 798,392
Unsecured term loan facilities, net 387,561 264,640
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 103,203 143,786
Acquired below market leases, net 31,705 39,679
Ground lease liabilities 29,104 29,307
Deferred revenue and other liabilities 88,319 72,015
Tenants’ security deposits 30,408 30,560
Total liabilities 2,419,388 1,983,921
Commitments and contingencies
Empire State Realty Trust, Inc. stockholders' equity:    
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized, none issued or outstanding 0 0
Additional paid-in capital 1,147,527 1,232,433
Accumulated other comprehensive loss (28,320) (21,496)
Retained earnings (deficit) (65,673) 15,764
Total Empire State Realty Trust, Inc.'s stockholders' equity 1,055,249 1,228,520
Non-controlling interests in operating partnership 646,118 690,242
Total equity 1,731,307 1,947,913
Total liabilities and equity 4,150,695 3,931,834
Class A Common Stock    
Empire State Realty Trust, Inc. stockholders' equity:    
Common stock 1,705 1,809
Class B Common Stock    
Empire State Realty Trust, Inc. stockholders' equity:    
Common stock 10 10
Private Perpetual Preferred Units, Series 2019    
Empire State Realty Trust, Inc. stockholders' equity:    
Private perpetual preferred units 21,936 21,147
Private Perpetual Preferred Units, Series 2014    
Empire State Realty Trust, Inc. stockholders' equity:    
Private perpetual preferred units $ 8,004 $ 8,004