Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2017

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate and Accumulated Depreciation

Column A	Column B		Column C Initial Cost				Column D Cost Capitalized Subsequent To Acquisition						Column E Gross Amount at Which Carried at Close of Period						Column F		Column G	Column H	Column I
Description	Encumbrances		Land		Building & Improvements		Land			Building & Improvements			Land		Building & Improvements		Total		Accumulated Depreciation		Date of Construction	Date Acquired	Life on  Which Depreciation is Computed
420 Lexington Ave(1)	$	300,000	$	—	$	107,832	$	—		$	253,314		$	—	$	361,146	$	361,146	$	157,502	1927	3/1998	Various
711 Third Avenue(1)(2)	—		19,844		42,499		—			66,553			19,844		109,052		128,896		39,396		1955	5/1998	Various
555 W. 57th Street(1)	—		18,846		78,704		—			61,424			18,846		140,128		158,974		64,281		1971	1/1999	Various
220 East 42nd Street(1)	275,000		50,373		203,727		635			143,059			51,008		346,786		397,794		97,895		1929	2/2003	Various
461 Fifth Avenue(1)	—		—		62,695		—			16,185			—		78,880		78,880		28,378		1988	10/2003	Various
750 Third Avenue(1)	—		51,093		205,972		—			42,543			51,093		248,515		299,608		93,469		1958	7/2004	Various
625 Madison Ave(1)	—		—		246,673		—			43,175			—		289,848		289,848		107,791		1956	10/2004	Various
485 Lexington Avenue(1)	450,000		77,517		326,825		765			110,648			78,282		437,473		515,755		168,921		1956	12/2004	Various
609 Fifth Avenue(1)	—		36,677		145,954		—			10,435			36,677		156,389		193,066		46,059		1925	6/2006	Various
810 Seventh Avenue(1)	—		114,077		476,386		—			71,735			114,077		548,121		662,198		162,606		1970	1/2007	Various
919 Third Avenue(1)(3)	500,000		223,529		1,033,198		35,410			68,413			258,939		1,101,611		1,360,550		303,424		1970	1/2007	Various
1185 Avenue of the Americas(1)	—		—		728,213		—			47,793			—		776,006		776,006		242,681		1969	1/2007	Various
1350 Avenue of the Americas(1)	—		91,038		380,744		(97		)	41,911			90,941		422,655		513,596		124,638		1966	1/2007	Various
100 Summit Lake Drive(4)	—		10,526		43,109		—			11,215			10,526		54,324		64,850		16,963		1988	1/2007	Various
200 Summit Lake Drive(4)	—		11,183		47,906		—			11,177			11,183		59,083		70,266		18,818		1990	1/2007	Various
500 Summit Lake Drive(4)	—		9,777		39,048		—			6,358			9,777		45,406		55,183		13,074		1986	1/2007	Various
360 Hamilton Avenue(4)	—		29,497		118,250		—			15,392			29,497		133,642		163,139		39,811		2000	1/2007	Various
1-6 Landmark Square(5)	100,000		50,947		195,167		—			51,515			50,947		246,682		297,629		70,120		1973-1984	1/2007	Various
7 Landmark Square(5)	—		2,088		7,748		(367		)	670			1,721		8,418		10,139		1,286		2007	1/2007	Various
1010 Washington Boulevard(5)	—		7,747		30,423		—			7,378			7,747		37,801		45,548		11,044		1988	1/2007	Various
400 Summit Lake Drive(4)	—		38,889		1		285			2			39,174		3		39,177		—		---	1/2007	N/A
1055 Washington Boulevard(5)	—		13,516		53,228		—			8,390			13,516		61,618		75,134		18,075		1987	6/2007	Various
1 Madison Avenue(1)	486,153		172,641		654,394		905			15,801			173,546		670,195		843,741		175,971		1960	8/2007	Various
100 Church Street(1)	217,273		32,494		79,996		2,500			96,027			34,994		176,023		211,017		46,825		1959	1/2010	Various
125 Park Avenue(1)	—		120,900		189,714		—			74,660			120,900		264,374		385,274		65,529		1923	10/2010	Various
Williamsburg(6)	—		3,677		14,708		2,523			(4,550		)	6,200		10,158		16,358		1,865		2010	12/2010	Various
110 East 42nd Street(1)	—		34,000		46,411		2,196			27,253			36,196		73,664		109,860		17,603		1921	5/2011	Various
400 East 58th Street(1)(7)	40,000		17,549		30,916		—			7,590			17,549		38,506		56,055		5,154		1929	1/2012	Various
752 Madison Avenue(1)	—		282,415		7,131		1,871			58			284,286		7,189		291,475		1,180		1996/2012	1/2012	Various
762 Madison Avenue(1)(7)	771		6,153		10,461		—			131			6,153		10,592		16,745		1,627		1910	1/2012	Various
19-21 East 65th Street(1)(7)	—		—		7,389		—			364			—		7,753		7,753		1,141		1928-1940	1/2012	Various
304 Park Avenue(1)	—		54,189		75,619		300			14,550			54,489		90,169		144,658		16,445		1930	6/2012	Various
635 Sixth Avenue(1)	—		24,180		37,158		163			51,805			24,343		88,963		113,306		7,854		1902	9/2012	Various
641 Sixth Avenue(1)	—		45,668		67,316		308			6,029			45,976		73,345		119,321		12,097		1902	9/2012	Various
1080 Amsterdam(1)(8)	36,363		—		27,445		—			20,489			—		47,934		47,934		4,216		1932	10/2012	Various

Column A	Column B		Column C Initial Cost				Column D Cost Capitalized Subsequent To Acquisition						Column E Gross Amount at Which Carried at Close of Period								Column F		Column G	Column H	Column I
Description	Encumbrances		Land		Building & Improvements		Land			Building & Improvements			Land		Building & Improvements			Total			Accumulated Depreciation		Date of Construction	Date Acquired	Life on  Which Depreciation is Computed
315 West 33rd Street (1)	250,000		195,834		164,429		—			11,583			195,834		176,012			371,846			19,966		2000-2001	11/2013	Various
562 Fifth Avenue(1)	—		57,052		10,487		—			1,213			57,052		11,700			68,752			3,596		1909/1920/1921	11/2013	Various
719 Seventh Avenue(1)(9)	41,622		41,850		—		2,336			34,055			44,186		34,055			78,241			215		1927	7/2014	Various
115 Spring Street(1)	—		11,078		44,799		—			1,759			11,078		46,558			57,636			4,083		1900	7/2014	Various
635 Madison(1)	—		205,632		15,805		—			—			205,632		15,805			221,437			1,306			9/2014	N/A
1640 Flatbush Avenue(6)	—		6,226		501		—			231			6,226		732			6,958			35		1966	3/2015	Various
One Vanderbilt (1)(10)	—		80,069		116,557		(80,069		)	(116,558		)	—		(1		)	(1		)	—		N/A	6/2001 - 11/2011	Various
Upper East Side Residential (1)(11)	—		48,152		—		13,323			—			61,475		—			61,475			—		1930	6/2015	Various
110 Greene Street (1)(7)	—		45,120		215,470		—			9,611			45,120		225,081			270,201			15,693		1910	7/2015	Various
187 Broadway (1)	—		7,600		9,412		(7,600		)	(154		)	—		9,258			9,258			9,258		1969	8/2015	Various
5-7 Dey Street (1)	58,000		13,400		34,175		13,050			10,481			26,450		44,656			71,106			34,136		1921	8/2015	Various
30 East 40th Street (1)	—		4,650		20,000		2			4,197			4,652		24,197			28,849			534		1927	8/2015	Various
183 Broadway(1)	—		5,799		23,431		(5,799		)	923			—		24,354			24,354			24,354		1920	3/2016	Various
Other(12)	—		922		14,210		(3		)	2			919		14,212			15,131			3,201				Various
Total	$	2,755,182	$	2,374,414	$	6,492,236	$	(17,363	)	$	1,356,835		$	2,357,051	$	7,849,071		$	10,206,122		$	2,300,116

(1) Property located in New York, New York.

(2) We own a 50.0% interest in this property.

(3) We own a 51.0% interest in this property.

(4) Property located in Westchester County, New York.

(5) Property located in Connecticut.

(6) Property located in Brooklyn, New York.

(7) We own a 90.0% interest in this property.

(8) We own a 92.5% interest in this property.

(9) We own a 75.0% interest in this property.

(10) Properties at 317 Madison Avenue, 331 Madison Avenue and 51 East 42nd Street were demolished in preparation of the development site for the One Vanderbilt project.

(11) We own a 95.1% interest in this property.

(12) Other includes tenant improvements of eEmerge, capitalized interest and corporate improvements.

The changes in real estate for the years ended December 31, 2017, 2016 and 2015 are as follows (in thousands):

	2017			2016			2015
Balance at beginning of year	$	12,743,332		$	16,681,602		$	14,069,141
Property acquisitions	13,323			29,230			3,064,137
Improvements	342,014			426,060			396,555
Retirements/disposals/deconsolidation	(2,892,547		)	(4,393,560		)	(848,231		)
Balance at end of year	$	10,206,122		$	12,743,332		$	16,681,602

The aggregate cost of land, buildings and improvements, before depreciation, for Federal income tax purposes at December 31, 2017 was $9.2 billion (unaudited).

The changes in accumulated depreciation, exclusive of amounts relating to equipment, autos, and furniture and fixtures, for the years ended December 31, 2017, 2016 and 2015 are as follows (in thousands):

	2017			2016			2015
Balance at beginning of year	$	2,264,694		$	2,060,706		$	1,905,165
Depreciation for year	347,015			353,502			480,523
Retirements/disposals/deconsolidation	(311,593		)	(149,514		)	(324,982		)
Balance at end of year	$	2,300,116		$	2,264,694		$	2,060,706