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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
Rental revenue, net $ 345,607 $ 303,329
Escalation and reimbursement 45,611 40,969
Investment income 54,737 42,069
Other income 9,489 9,932
Total revenues 455,444 396,299
Expenses    
Operating expenses, including $3,462 in 2016 and $3,808 in 2015 of related party expenses 79,520 76,777
Real estate taxes 61,674 55,723
Ground rent 8,308 8,188
Interest expense, net of interest income 94,672 75,807
Amortization of deferred financing costs 7,932 6,615
Depreciation and amortization 179,308 108,337
Transaction related costs 1,279 1,143
Marketing, general and administrative 24,032 25,464
Total expenses 456,725 358,054
(Loss) income from continuing operations before equity in net income from unconsolidated joint ventures, equity in net gain on sale of interest in unconsolidated joint venture/real estate, gain on sale of real estate and loss on early extinguishment of debt (1,281) 38,245
Equity in net income from unconsolidated joint ventures 10,096 4,030
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 9,915 0
Gain on sale of real estate, net 13,773 0
Loss on early extinguishment of debt 0 (49)
Income from continuing operations 32,503 42,226
Net income from discontinued operations 0 427
Gain on sale of discontinued operations 0 12,983
Net income 32,503 55,636
Net income attributable to noncontrolling interests:    
Noncontrolling interests in the Operating Partnership (922) (1,743)
Net income attributable to noncontrolling interests in other partnerships (1,974) (5,927)
Preferred unit distributions (2,648) (951)
Net income (loss) attributable to SL Green/SLGOP 26,959 47,015
Perpetual preferred stock dividends (3,738) (3,738)
Amounts attributable to SL Green common stockholders:    
Income from continuing operations before purchase price fair value adjustment, gains on sale and discontinued operations 438 30,387
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 9,536 0
Net income from discontinued operations 0 410
Gain on sale of discontinued operations 0 12,480
Gain on sale of real estate 13,247 0
Net income attributable to SL Green common stockholders $ 23,221 $ 43,277
Basic earnings per share:    
Income from continuing operations before purchase price fair value adjustment, gains on sale and discontinued operations (usd per share) $ 0.00 $ 0.31
Equity in net gain on sale of interest in unconsolidated joint venture/real estate (usd per share) 0.10 0.00
Net income from discontinued operations (usd per share) 0.00 0.00
Gain on sale of discontinued operations (usd per share) 0.00 0.13
Gain on sale of real estate (in dollars per share) 0.13 0.00
Net income attributable to SL Green common stockholders (usd per share) 0.23 0.44
Diluted earnings per share:    
Income from continuing operations before purchase price fair value adjustment, gains on sale and discontinued operations (usd per share) 0.00 0.31
Equity in net gain on sale of interest in unconsolidated joint venture/real estate (usd per share) 0.10 0.00
Net income from discontinued operations (usd per share) 0.00 0.00
Gain on sale of discontinued operations (usd per share) 0.00 0.13
Gain on sale of real estate (in dollars per share) 0.13 0.00
Net income attributable to SL Green common stockholders (usd per share) 0.23 0.44
Dividends per share/unit (usd per share) $ 0.72 $ 0.60
Basic weighted average common shares outstanding (in shares) 100,051 98,402
Diluted weighted average common shares and common share equivalents outstanding (in shares) 104,259 103,019
SL Green Operating Partnership    
Revenues    
Rental revenue, net $ 345,607 $ 303,329
Escalation and reimbursement 45,611 40,969
Investment income 54,737 42,069
Other income 9,489 9,932
Total revenues 455,444 396,299
Expenses    
Operating expenses, including $3,462 in 2016 and $3,808 in 2015 of related party expenses 79,520 76,777
Real estate taxes 61,674 55,723
Ground rent 8,308 8,188
Interest expense, net of interest income 94,672 75,807
Amortization of deferred financing costs 7,932 6,615
Depreciation and amortization 179,308 108,337
Transaction related costs 1,279 1,143
Marketing, general and administrative 24,032 25,464
Total expenses 456,725 358,054
(Loss) income from continuing operations before equity in net income from unconsolidated joint ventures, equity in net gain on sale of interest in unconsolidated joint venture/real estate, gain on sale of real estate and loss on early extinguishment of debt (1,281) 38,245
Equity in net income from unconsolidated joint ventures 10,096 4,030
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 9,915 0
Gain on sale of real estate, net 13,773 0
Loss on early extinguishment of debt 0 (49)
Income from continuing operations 32,503 42,226
Net income from discontinued operations 0 427
Gain on sale of discontinued operations 0 12,983
Net income 32,503 55,636
Net income attributable to noncontrolling interests:    
Noncontrolling interests in the Operating Partnership (922)  
Net income attributable to noncontrolling interests in other partnerships (1,974) (5,927)
Preferred unit distributions (2,648) (951)
Net income (loss) attributable to SL Green/SLGOP 27,881 48,758
Perpetual preferred unit distributions (3,738) (3,738)
Net income attributable to SLGOP common unitholders 24,143 45,020
Amounts attributable to SL Green common stockholders:    
Income from continuing operations before purchase price fair value adjustment, gains on sale and discontinued operations 455 31,610
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 9,915 0
Net income from discontinued operations 0 427
Gain on sale of discontinued operations 0 12,983
Gain on sale of real estate 13,773 0
Net income attributable to SL Green common stockholders $ 24,143 $ 45,020
Basic earnings per share:    
Income from continuing operations before gains on sale and discontinued operations (usd per share) $ 0.00 $ 0.31
Equity in net gain on sale of interest in unconsolidated joint venture/real estate (usd per share) 0.10 0.00
Net income from discontinued operations (usd per share) 0.00 0.00
Gain on sale of discontinued operations (usd per share) 0.00 0.13
Gain on sale of real estate (in dollars per share) 0.13 0.00
Net income attributable to SLGOP common unitholders (usd per share) 0.23 0.44
Diluted earnings per share:    
Income from continuing operations before gains on sale and discontinued operations (usd per share) 0.00 0.31
Equity in net gain on sale of interest in unconsolidated joint venture/real estate (usd per share) 0.10 0.00
Net income from discontinued operations (usd per share) 0.00 0.00
Gain on sale of discontinued operations (usd per share) 0.00 0.13
Gain on sale of real estate (in dollars per share) 0.13 0.00
Net income attributable to SLGOP common unitholders (usd per share) 0.23 0.44
Dividends per share/unit (usd per share) $ 0.72 $ 0.6
Basic weighted average common shares outstanding (in shares) 104,025 102,366
Basic weighted average common units outstanding (in shares) 104,025 102,366
Diluted weighted average common units and common unit equivalents outstanding (in shares) 104,259 103,019