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Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Rental revenue, net $ 864,978,000 $ 1,100,993,000 $ 1,323,767,000
Escalation and reimbursement 113,596,000 172,939,000 196,858,000
Investment income 201,492,000 193,871,000 213,008,000
Other income 47,326,000 43,670,000 130,348,000
Total revenues 1,227,392,000 1,511,473,000 1,863,981,000
Expenses      
Operating expenses, including $17,823 in 2018, $21,400 in 2017, $21,890 in 2016 of related party expenses 229,347,000 293,364,000 312,859,000
Real estate taxes 186,351,000 244,323,000 248,388,000
Ground rent 32,965,000 33,231,000 33,261,000
Interest expense, net of interest income 208,669,000 257,045,000 321,199,000
Amortization of deferred financing costs 12,408,000 16,498,000 24,564,000
Depreciation and amortization 279,507,000 403,320,000 821,041,000
Loan loss and other investment reserves, net of recoveries 6,839,000 0 0
Transaction related costs 1,099,000 (1,834,000) 7,528,000
Marketing, general and administrative 92,631,000 100,498,000 99,759,000
Total expenses 1,049,816,000 1,346,445,000 1,868,599,000
Equity in net income from unconsolidated joint ventures 7,311,000 21,892,000 11,874,000
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 303,967,000 16,166,000 44,009,000
Purchase price and other fair value adjustment 57,385,000 0 0
(Loss) gain on sale of real estate, net (30,757,000) 73,241,000 238,116,000
Depreciable real estate reserves and impairment (227,543,000) (178,520,000) (10,387,000)
Gain (loss) on sale of investment in marketable securities 0 3,262,000 (83,000)
Loss on early extinguishment of debt (17,083,000) 0 0
Net income 270,856,000 101,069,000 278,911,000
Net (income) loss attributable to noncontrolling interests:      
Noncontrolling interests in the Operating Partnership (12,216,000) (3,995,000) (10,136,000)
Net (income) loss attributable to noncontrolling interests in other partnerships 6,000 15,701,000 (7,644,000)
Preferred unit distributions (11,384,000) (11,401,000) (11,235,000)
Net income (loss) attributable to SL Green/SLGOP 247,262,000 101,374,000 249,896,000
Preferred stock/unit redemption costs 0 0 0
Perpetual preferred stock dividends (14,950,000) (14,950,000) (14,950,000)
Net income attributable to SL Green common stockholders $ 232,312,000 $ 86,424,000 $ 234,946,000
Basic weighted average common shares outstanding (in shares) 86,753 98,571 100,185
Diluted weighted average common shares and common share equivalents outstanding (in shares) 91,530 103,403 104,881
SL Green Operating Partnership      
Revenues      
Rental revenue, net $ 864,978,000 $ 1,100,993,000 $ 1,323,767,000
Escalation and reimbursement 113,596,000 172,939,000 196,858,000
Investment income 201,492,000 193,871,000 213,008,000
Other income 47,326,000 43,670,000 130,348,000
Total revenues 1,227,392,000 1,511,473,000 1,863,981,000
Expenses      
Operating expenses, including $17,823 in 2018, $21,400 in 2017, $21,890 in 2016 of related party expenses 229,347,000 293,364,000 312,859,000
Real estate taxes 186,351,000 244,323,000 248,388,000
Ground rent 32,965,000 33,231,000 33,261,000
Interest expense, net of interest income 208,669,000 257,045,000 321,199,000
Amortization of deferred financing costs 12,408,000 16,498,000 24,564,000
Depreciation and amortization 279,507,000 403,320,000 821,041,000
Loan loss and other investment reserves, net of recoveries 6,839,000 0 0
Transaction related costs 1,099,000 (1,834,000) 7,528,000
Marketing, general and administrative 92,631,000 100,498,000 99,759,000
Total expenses 1,049,816,000 1,346,445,000 1,868,599,000
Equity in net income from unconsolidated joint ventures 7,311,000 21,892,000 11,874,000
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 303,967,000 16,166,000 44,009,000
Purchase price and other fair value adjustment 57,385,000 0 0
(Loss) gain on sale of real estate, net (30,757,000) 73,241,000 238,116,000
Depreciable real estate reserves and impairment (227,543,000) (178,520,000) (10,387,000)
Gain (loss) on sale of investment in marketable securities 0 3,262,000 (83,000)
Loss on early extinguishment of debt (17,083,000) 0 0
Net income 270,856,000 101,069,000 278,911,000
Net (income) loss attributable to noncontrolling interests:      
Net (income) loss attributable to noncontrolling interests in other partnerships 6,000 15,701,000 (7,644,000)
Preferred unit distributions (11,384,000) (11,401,000) (11,235,000)
Net income (loss) attributable to SL Green/SLGOP 259,478,000 105,369,000 260,032,000
Preferred stock/unit redemption costs 0 0 0
Perpetual preferred stock dividends (14,950,000) (14,950,000) (14,950,000)
Net income attributable to SLGOP common unitholders $ 244,528,000 $ 90,419,000 $ 245,082,000
Basic earnings per unit (in dollars per share) $ 2.67 $ 0.87 $ 2.34
Diluted earnings per unit (in dollars per share) $ 2.67 $ 0.87 $ 2.34
Basic weighted average common shares outstanding (in shares) 91,315 103,127 104,508
Basic weighted average common units outstanding (in shares) 91,315 103,127 104,508
Diluted weighted average common shares and common share equivalents outstanding (in shares) 91,530 103,403 104,881
Diluted weighted average common units and common unit equivalents outstanding (in shares) 91,530 103,403 104,881