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Segment Reporting
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
    We have identified two reportable segments: (1) Real Estate and (2) observatory. Our real estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of our real estate assets. Our observatory segment operates the 86th and 102nd floor observatories at the Empire State Building. These two lines of businesses are managed separately because each business requires different support infrastructures, provides different services and has dissimilar economic characteristics such as investments needed, stream of revenues and different marketing strategies. We account for intersegment sales and rents as if the sales or rents were to third parties, that is, at current market prices. Asset information by segment is not reported because we do not use this measure to assess performance or make decisions to allocate resources.

    The following tables provide components of segment profit for each segment for the years ended December 31, 2021, 2020 and 2019 (amounts in thousands):
2021
Real EstateObservatoryIntersegment EliminationTotal
Revenues:
Rental revenue$559,690 $— $— $559,690 
Intercompany rental revenue23,413 — (23,413)— 
Observatory revenue— 41,474 — 41,474 
Lease termination fees16,230 — — 16,230 
Third-party management and other fees1,219 — — 1,219 
Other revenue and fees5,343 138 — 5,481 
Total revenues605,895 41,612 (23,413)624,094 
Operating expenses:
Property operating expenses126,986 — — 126,986 
Intercompany rent expense— 23,413 (23,413)— 
Ground rent expense9,326 — — 9,326 
General and administrative expenses55,947 — — 55,947 
Observatory expenses— 23,206 — 23,206 
Real estate taxes119,967 — — 119,967 
Impairment charges7,723 — — 7,723 
Depreciation and amortization201,676 130 — 201,806 
Total operating expenses521,625 46,749 (23,413)544,961 
Total operating income (loss)84,270 (5,137)— 79,133 
Other income (expense):
Interest income701 3 — 704 
Interest expense(94,292)(102)— (94,394)
Loss on early extinguishment of debt(214)— — (214)
Loss before income taxes(9,535)(5,236)— (14,771)
Income tax (expense) benefit(613)2,347 — 1,734 
Net loss$(10,148)$(2,889)$— $(13,037)
Segment assets$4,037,122 $245,325 $— $4,282,447 
Expenditures for segment assets$398,368 $4 $— $398,372 
2020
Real EstateObservatoryIntersegment EliminationTotal
Revenues:
Rental revenue$563,071 $— $— $563,071 
Intercompany rental revenue17,827 — (17,827)— 
Observatory revenue— 29,057 — 29,057 
Lease termination fees9,416 — — 9,416 
Third-party management and other fees1,225 — — 1,225 
Other revenue and fees6,459 — — 6,459 
Total revenues597,998 29,057 (17,827)609,228 
Operating expenses:
Property operating expenses136,141 — — 136,141 
Intercompany rent expense— 17,827 (17,827)— 
Ground rent expense9,326 — — 9,326 
General and administrative expenses62,244 — — 62,244 
Observatory expenses— 23,723 — 23,723 
Real estate taxes121,923 — — 121,923 
Impairment charges6,204 — — 6,204 
Depreciation and amortization190,863 143 — 191,006 
Total operating expenses526,701 41,693 (17,827)550,567 
Total operating income
71,297 (12,636)— 58,661 
Other income (expense):
Interest income2,542 95 — 2,637 
Interest expense(89,907)— — (89,907)
Loss on early extinguishment of debt(86)— — (86)
IPO litigation expense(1,165)— — (1,165)
Income before income taxes(17,319)(12,541)— (29,860)
Income tax expense(843)7,814 — 6,971 
Net income$(18,162)$(4,727)$— $(22,889)
Segment assets$3,903,884 $246,811 $— $4,150,695 
Expenditures for segment assets$101,306 $2,754 $— $104,060 
2019
Real EstateObservatoryIntersegment EliminationTotal
Revenues:
Rental revenue$586,414 $— $— $586,414 
Intercompany rental revenue82,469 — (82,469)— 
Observatory revenue— 128,769 — 128,769 
Lease termination fees4,352 — — 4,352 
Third-party management and other fees1,254 — — 1,254 
Other revenue and fees10,554 — — 10,554 
Total revenues685,043 128,769 (82,469)731,343 
Operating expenses:
Property operating expenses174,977 — — 174,977 
Intercompany rent expense— 82,469 (82,469)— 
Ground rent expense9,326 — — 9,326 
General and administrative expenses61,063 — — 61,063 
Observatory expenses— 33,767 — 33,767 
Real estate taxes115,916 — — 115,916 
Depreciation and amortization181,558 30 — 181,588 
Total operating expenses542,840 116,266 (82,469)576,637 
Total operating income
142,203 12,503 — 154,706 
Other income (expense):
Interest income11,259 — — 11,259 
Interest expense(79,246)— — (79,246)
Income before income taxes74,216 12,503 — 86,719 
Income tax expense(896)(1,533)— (2,429)
Net income 73,320 10,970 — 84,290 
Segment assets3,671,211 260,623 — 3,931,834 
Expenditures for segment assets$191,630 $64,294 $— $255,924 

During the fourth quarter 2021, we incurred a $7.7 million impairment charge relating to our property in Norwalk, Connecticut. Our methodology to calculate the fair value of the property involved a combination of the discounted cash flow method, utilizing Level 3 unobservable inputs such as market capitalization rates obtained from external sources, and the market based approach utilizing recent sales comparables.

During the second quarter 2020, we wrote-off $4.1 million of prior expenditures on a Combined Heat Power/Redundancy onsite power generation project in our real estate segment that is rendered economically unviable due to New York City's Local Law 97 and from its measurement of carbon from natural gas combustion generates fines. During the third quarter 2020, we also wrote off $2.1 million of prior expenditures on a build-to-suit development project in our real estate segment that was halted due to reconsideration by the user driven by the COVID-19 pandemic. The $7.7 million and $6.2 million write-offs are shown as impairment charges in the consolidated statement of operations for the years ended December 31, 2021 and 2020, respectively.