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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Commercial real estate properties, at cost:    
Land and land interests $ 1,893,047 $ 2,357,051
Building and improvements 5,225,431 6,351,012
Building leasehold and improvements 1,423,994 1,450,614
Properties under capital lease 47,445 47,445
Total commercial real estate properties, at cost 8,589,917 10,206,122
Less: accumulated depreciation (1,994,696) (2,300,116)
Total commercial real estate properties, net 6,595,221 7,906,006
Assets held for sale 593,995 338,354
Cash and cash equivalents 287,240 127,888
Restricted cash 92,740 122,138
Investments in marketable securities 28,570 28,579
Tenant and other receivables, net of allowance of $16,558 and $18,637 in 2018 and 2017, respectively 47,482 57,644
Related party receivables 27,854 23,039
Deferred rents receivable, net of allowance of $15,776 and $17,207 in 2018 and 2017, respectively 322,656 365,337
Debt and preferred equity investments, net of discounts and deferred origination fees of $23,216 and $25,507 in 2018 and 2017, respectively 2,168,515 2,114,041
Investments in unconsolidated joint ventures 3,059,985 2,362,989
Deferred costs, net 198,941 226,201
Other assets 290,729 310,688
Total assets [1] 13,713,928 13,982,904
Liabilities    
Mortgages and other loans payable, net 2,517,097 2,837,282
Revolving credit facility, net 351,272 30,336
Unsecured term loan, net 1,492,320 1,491,575
Unsecured notes, net 1,396,722 1,395,939
Accrued interest payable 26,104 38,142
Other liabilities 108,151 188,005
Accounts payable and accrued expenses 140,739 137,142
Deferred revenue 95,756 208,119
Capital lease obligations 43,221 42,843
Deferred land leases payable 3,567 3,239
Dividend and distributions payable 79,518 85,138
Security deposits 63,872 67,927
Liabilities related to assets held for sale 265,538 4,074
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities 100,000 100,000
Total liabilities [1] 6,683,877 6,629,761
Commitments and contingencies
Noncontrolling interests in Operating Partnership 486,610 461,954
Preferred units 301,385 301,735
Equity    
Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 issued and outstanding at both June 30, 2018 and December 31, 2017 221,932 221,932
Common stock, $0.01 par value, 160,000 shares authorized and 86,780 and 93,858 issued and outstanding at June 30, 2018 and December 31, 2017, respectively (including 1,055 shares held in treasury at June 30, 2018 and December 31, 2017) 868 939
Additional paid-in-capital 4,601,608 4,968,338
Treasury stock at cost (124,049) (124,049)
Accumulated other comprehensive income 32,622 18,604
Retained earnings 1,457,835 1,139,329
Total SL Green stockholders' equity 6,190,816 6,225,093
Noncontrolling interests in other partnerships 51,240 364,361
Total equity 6,242,056 6,589,454
SL Green stockholders equity:    
Total liabilities and equity/capital 13,713,928 13,982,904
SL Green Operating Partnership    
Commercial real estate properties, at cost:    
Land and land interests 1,893,047 2,357,051
Building and improvements 5,225,431 6,351,012
Building leasehold and improvements 1,423,994 1,450,614
Properties under capital lease 47,445 47,445
Total commercial real estate properties, at cost 8,589,917 10,206,122
Less: accumulated depreciation (1,994,696) (2,300,116)
Total commercial real estate properties, net 6,595,221 7,906,006
Assets held for sale 593,995 338,354
Cash and cash equivalents 287,240 127,888
Restricted cash 92,740 122,138
Investments in marketable securities 28,570 28,579
Tenant and other receivables, net of allowance of $16,558 and $18,637 in 2018 and 2017, respectively 47,482 57,644
Related party receivables 27,854 23,039
Deferred rents receivable, net of allowance of $15,776 and $17,207 in 2018 and 2017, respectively 322,656 365,337
Debt and preferred equity investments, net of discounts and deferred origination fees of $23,216 and $25,507 in 2018 and 2017, respectively 2,168,515 2,114,041
Investments in unconsolidated joint ventures 3,059,985 2,362,989
Deferred costs, net 198,941 226,201
Other assets 290,729 310,688
Total assets [2] 13,713,928 13,982,904
Liabilities    
Mortgages and other loans payable, net 2,517,097 2,837,282
Revolving credit facility, net 351,272 30,336
Unsecured term loan, net 1,492,320 1,491,575
Unsecured notes, net 1,396,722 1,395,939
Accrued interest payable 26,104 38,142
Other liabilities 108,151 188,005
Accounts payable and accrued expenses 140,739 137,142
Deferred revenue 95,756 208,119
Capital lease obligations 43,221 42,843
Deferred land leases payable 3,567 3,239
Dividend and distributions payable 79,518 85,138
Security deposits 63,872 67,927
Liabilities related to assets held for sale 265,538 4,074
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities 100,000 100,000
Total liabilities [2] 6,683,877 6,629,761
Commitments and contingencies
Noncontrolling interests in Operating Partnership 486,610 461,954
Limited partner interests in SLGOP (4,700 and 4,453 limited partner common units outstanding at June 30, 2018 and December 31, 2017, respectively) 486,610 461,954
Preferred units 301,385 301,735
Equity    
Accumulated other comprehensive income 32,622 18,604
SL Green stockholders equity:    
Series I Preferred Units, $25.00 liquidation preference, 9,200 issued and outstanding at both June 30, 2018 and December 31, 2017 221,932 221,932
SL Green partners' capital (904 and 973 general partner common units and 84,821 and 91,831 limited partner common units outstanding at June 30, 2018 and December 31, 2017, respectively) 5,936,262 5,984,557
Total SLGOP partners' capital 6,190,816 6,225,093
Noncontrolling interests in other partnerships 51,240 364,361
Total capital 6,242,056 6,589,454
Total liabilities and equity/capital $ 13,713,928 $ 13,982,904
[1] The Company's consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs"). See Note 2. The consolidated balance sheets include the following amounts related to our consolidated VIEs, excluding the Operating Partnership: $175.0 million and $398.0 million of land, $0.3 billion and $1.4 billion of building and improvements, $2.0 million and $2.0 million of building and leasehold improvements, $47.4 million and $47.4 million of properties under capital lease, $32.2 million and $330.9 million of accumulated depreciation, $860.2 million and $221.0 million of other assets included in other line items, $136.2 million and $628.9 million of real estate debt, net, $0.4 million and $2.5 million of accrued interest payable, $43.2 million and $42.8 million of capital lease obligations, and $155.6 million and $56.8 million of other liabilities included in other line items as of June 30, 2018 and December 31, 2017, respectively.
[2] The Operating Partnership's consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs"). See Note 2. The consolidated balance sheets include the following amounts related to our consolidated VIEs, excluding the Operating Partnership: $175.0 million and $398.0 million of land, $0.3 billion and $1.4 billion of building and improvements, $2.0 million and $2.0 million of building and leasehold improvements, $47.4 million and $47.4 million of properties under capital lease, $32.2 million and $330.9 million of accumulated depreciation, $860.2 million and $221.0 million of other assets included in other line items, $136.2 million and $628.9 million of real estate debt, net, $0.4 million and $2.5 million of accrued interest payable, $43.2 million and $42.8 million of capital lease obligations, and $155.6 million and $56.8 million of other liabilities included in other line items as of June 30, 2018 and December 31, 2017, respectively.