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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Commercial real estate properties, at cost:    
Land $ 201,196 $ 201,196
Development costs 7,946 7,498
Building and improvements 2,147,050 2,067,636
Commercial real estate properties, at cost 2,356,192 2,276,330
Less: accumulated depreciation (509,736) (465,584)
Commercial real estate properties, net 1,846,456 1,810,746
Cash and cash equivalents 35,454 46,685
Restricted cash 59,141 65,880
Tenant and other receivables, net of allowance of $4,701 and $2,792 in 2016 and 2015, respectively 14,521 18,782
Deferred rent receivables, net of allowance of $481 and $245 in 2016 and 2015, respectively 133,955 122,048
Prepaid expenses and other assets 47,895 50,460
Deferred costs, net 292,777 310,679
Acquired below-market ground leases, net 379,976 383,891
Goodwill 491,479 491,479
Total assets 3,301,654 3,300,650
Liabilities:    
Mortgage notes payable, net 767,717 747,661
Senior unsecured notes, net 588,703 587,018
Unsecured term loan facility, net 262,735 262,545
Unsecured revolving credit facility, net 40,000 35,192
Accounts payable and accrued expenses 143,296 111,099
Acquired below-market leases, net 91,850 104,171
Deferred revenue and other liabilities 23,019 31,388
Tenants’ security deposits 47,565 48,890
Total liabilities 1,964,885 1,927,964
Commitments and contingencies
Capital:    
Private perpetual preferred units, $16.62 per unit liquidation preference, 1,560,360 issued and outstanding in 2016 and 2015 8,004 8,004
Total capital 1,336,769 1,372,686
Total liabilities and capital 3,301,654 3,300,650
Series PR operating partnership units    
Capital:    
ESRT partner's capital (2,694,887 and 2,675,740 general partner operating partnership units and 121,186,336 and 117,347,639 limited partner operating partnership units outstanding in 2016 and 2015, respectively) 521,596 524,729
Limited partner operating partnership units 786,003 809,901
Series ES operating partnership units    
Capital:    
Limited partner operating partnership units 15,685 22,074
Series 60 operating partnership units    
Capital:    
Limited partner operating partnership units 3,693 5,366
Series 250 operating partnership units    
Capital:    
Limited partner operating partnership units $ 1,788 $ 2,612