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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Rental revenue, net $ 983,557 $ 978,574 $ 1,273,932
Investment income 195,590 201,492 193,871
Other income 59,848 47,326 43,670
Total revenues 1,238,995 1,227,392 1,511,473
Expenses      
Operating expenses, including $18,106 in 2019, $17,823 in 2018, $21,400 in 2017 of related party expenses 234,676 229,347 293,364
Real estate taxes 190,764 186,351 244,323
Operating lease rent 33,188 32,965 33,231
Interest expense, net of interest income 190,521 208,669 257,045
Amortization of deferred financing costs 11,653 12,408 16,498
Depreciation and amortization 272,358 279,507 403,320
Loan loss and other investment reserves, net of recoveries 0 6,839 0
Transaction related costs 729 1,099 (1,834)
Marketing, general and administrative 100,875 92,631 100,498
Total expenses 1,034,764 1,049,816 1,346,445
Equity in net (loss) income from unconsolidated joint ventures (34,518) 7,311 21,892
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 76,181 303,967 16,166
Purchase price and other fair value adjustment 69,389 57,385 0
(Loss) gain on sale of real estate, net (16,749) (30,757) 73,241
Depreciable real estate reserves and impairment (7,047) (227,543) (178,520)
Gain on sale of investment in marketable securities 0 0 3,262
Loss on early extinguishment of debt 0 (17,083) 0
Net income 291,487 270,856 101,069
Net (income) loss attributable to noncontrolling interests:      
Noncontrolling interests in the Operating Partnership (13,301) (12,216) (3,995)
Net loss attributable to noncontrolling interests in other partnerships 3,159 6 15,701
Preferred unit distributions (10,911) (11,384) (11,401)
Net income (loss) attributable to SL Green/SLGOP 270,434 247,262 101,374
Perpetual preferred stock dividends (14,950) (14,950) (14,950)
Net income attributable to SL Green common stockholders $ 255,484 $ 232,312 $ 86,424
Basic weighted average common shares outstanding (in shares) 81,733 86,753 98,571
Diluted weighted average common shares and common share equivalents outstanding (in shares) 86,562 91,530 103,403
SL Green Operating Partnership      
Revenues      
Rental revenue, net $ 983,557 $ 978,574 $ 1,273,932
Investment income 195,590 201,492 193,871
Other income 59,848 47,326 43,670
Total revenues 1,238,995 1,227,392 1,511,473
Expenses      
Operating expenses, including $18,106 in 2019, $17,823 in 2018, $21,400 in 2017 of related party expenses 234,676 229,347 293,364
Real estate taxes 190,764 186,351 244,323
Operating lease rent 33,188 32,965 33,231
Interest expense, net of interest income 190,521 208,669 257,045
Amortization of deferred financing costs 11,653 12,408 16,498
Depreciation and amortization 272,358 279,507 403,320
Loan loss and other investment reserves, net of recoveries 0 6,839 0
Transaction related costs 729 1,099 (1,834)
Marketing, general and administrative 100,875 92,631 100,498
Total expenses 1,034,764 1,049,816 1,346,445
Equity in net (loss) income from unconsolidated joint ventures (34,518) 7,311 21,892
Equity in net gain on sale of interest in unconsolidated joint venture/real estate 76,181 303,967 16,166
Purchase price and other fair value adjustment 69,389 57,385 0
(Loss) gain on sale of real estate, net (16,749) (30,757) 73,241
Depreciable real estate reserves and impairment (7,047) (227,543) (178,520)
Gain on sale of investment in marketable securities 0 0 3,262
Loss on early extinguishment of debt 0 (17,083) 0
Net income 291,487 270,856 101,069
Net (income) loss attributable to noncontrolling interests:      
Net loss attributable to noncontrolling interests in other partnerships 3,159 6 15,701
Preferred unit distributions (10,911) (11,384) (11,401)
Net income (loss) attributable to SL Green/SLGOP 283,735 259,478 105,369
Perpetual preferred stock dividends (14,950) (14,950) (14,950)
Net income attributable to SLGOP common unitholders $ 268,785 $ 244,528 $ 90,419
Basic earnings per unit (in dollars per share) $ 3.10 $ 2.67 $ 0.87
Diluted earnings per unit (in dollars per share) $ 3.10 $ 2.67 $ 0.87
Basic weighted average common shares outstanding (in shares) 86,008 91,315 103,127
Basic weighted average common units outstanding (in shares) 86,008 91,315 103,127
Diluted weighted average common shares and common share equivalents outstanding (in shares) 86,562 91,530 103,403
Diluted weighted average common units and common unit equivalents outstanding (in shares) 86,562 91,530 103,403