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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Commercial real estate properties, at cost:    
Land and land interests $ 1,625,483 $ 1,751,544
Building and improvements 5,363,464 5,154,990
Building leasehold and improvements 1,443,855 1,433,793
Right of use asset - financing leases 176,152 47,445
Right of use asset - operating leases 381,255 396,795
Total commercial real estate properties, at cost 8,990,209 8,784,567
Less: accumulated depreciation (2,186,157) (2,060,560)
Total commercial real estate properties, net 6,804,052 6,724,007
Assets held for sale 49,687 391,664
Cash and cash equivalents 1,015,348 166,070
Restricted cash 85,935 75,360
Investments in marketable securities 27,345 29,887
Tenant and other receivables, net of allowance of $19,926 and $12,369 in 2020 and 2019, respectively 90,305 43,968
Related party receivables 16,984 21,121
Deferred rents receivable, net of allowance of $17,500 and $12,477 in 2020 and 2019, respectively 302,729 283,011
Debt and preferred equity investments, net of discounts and deferred origination fees of $13,915 and $14,562 and allowances of $15,109 and $1,750 in 2020 and 2019, respectively 1,221,936 1,580,306
Investments in unconsolidated joint ventures 2,952,681 2,912,842
Deferred costs, net 217,812 205,283
Other assets 286,750 332,801
Total assets [1] 13,071,564 12,766,320
Liabilities    
Mortgages and other loans payable, net 2,316,404 2,183,253
Revolving credit facility, net 944,319 234,013
Unsecured term loans, net 1,494,293 1,494,024
Unsecured notes, net 1,247,489 1,496,847
Accrued interest payable 14,903 22,148
Other liabilities 240,702 177,080
Accounts payable and accrued expenses 165,565 166,905
Deferred revenue 99,655 114,052
Lease liability - financing leases 174,732 44,448
Lease liability - operating leases 361,221 381,671
Dividend and distributions payable 25,611 79,282
Security deposits 58,486 62,252
Liabilities related to assets held for sale 38,272 0
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities 100,000 100,000
Total liabilities [1] 7,281,652 6,555,975
Commitments and contingencies
Noncontrolling interests in Operating Partnership 358,702 409,862
Preferred units 225,448 283,285
Equity    
Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 issued and outstanding at both June 30, 2020 and December 31, 2019 221,932 221,932
Common stock, $0.01 par value, 160,000 shares authorized and 74,730 and 80,257 issued and outstanding at June 30, 2020 and December 31, 2019, respectively (including 1,055 and 1,055 shares held in treasury at June 30, 2020 and December 31, 2019, respectively) 748 803
Additional paid-in-capital 4,021,891 4,286,395
Treasury stock at cost (124,049) (124,049)
Accumulated other comprehensive loss (82,371) (28,485)
Retained earnings 1,081,821 1,084,719
Total SL Green stockholders' equity 5,119,972 5,441,315
Noncontrolling interests in other partnerships 85,790 75,883
Total equity 5,205,762 5,517,198
SL Green stockholders equity:    
Total liabilities and equity/capital 13,071,564 12,766,320
SL Green Operating Partnership    
Commercial real estate properties, at cost:    
Land and land interests 1,625,483 1,751,544
Building and improvements 5,363,464 5,154,990
Building leasehold and improvements 1,443,855 1,433,793
Right of use asset - financing leases 176,152 47,445
Right of use asset - operating leases 381,255 396,795
Total commercial real estate properties, at cost 8,990,209 8,784,567
Less: accumulated depreciation (2,186,157) (2,060,560)
Total commercial real estate properties, net 6,804,052 6,724,007
Assets held for sale 49,687 391,664
Cash and cash equivalents 1,015,348 166,070
Restricted cash 85,935 75,360
Investments in marketable securities 27,345 29,887
Tenant and other receivables, net of allowance of $19,926 and $12,369 in 2020 and 2019, respectively 90,305 43,968
Related party receivables 16,984 21,121
Deferred rents receivable, net of allowance of $17,500 and $12,477 in 2020 and 2019, respectively 302,729 283,011
Debt and preferred equity investments, net of discounts and deferred origination fees of $13,915 and $14,562 and allowances of $15,109 and $1,750 in 2020 and 2019, respectively 1,221,936 1,580,306
Investments in unconsolidated joint ventures 2,952,681 2,912,842
Deferred costs, net 217,812 205,283
Other assets 286,750 332,801
Total assets [2] 13,071,564 12,766,320
Liabilities    
Mortgages and other loans payable, net 2,316,404 2,183,253
Revolving credit facility, net 944,319 234,013
Unsecured term loans, net 1,494,293 1,494,024
Unsecured notes, net 1,247,489 1,496,847
Accrued interest payable 14,903 22,148
Other liabilities 240,702 177,080
Accounts payable and accrued expenses 165,565 166,905
Deferred revenue 99,655 114,052
Lease liability - financing leases 174,732 44,448
Lease liability - operating leases 361,221 381,671
Dividend and distributions payable 25,611 79,282
Security deposits 58,486 62,252
Liabilities related to assets held for sale 38,272 0
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities 100,000 100,000
Total liabilities [2] 7,281,652 6,555,975
Commitments and contingencies
Limited partner interests in SLGOP (4,045 and 4,196 limited partner common units outstanding at June 30, 2020 and December 31, 2019, respectively) 358,702 409,862
Preferred units 225,448 283,285
Equity    
Accumulated other comprehensive loss (82,371) (28,485)
SL Green stockholders equity:    
Series I Preferred Units, $25.00 liquidation preference, 9,200 issued and outstanding at both June 30, 2020 and December 31, 2019 221,932 221,932
SL Green partners' capital (777 and 834 general partner common units and 72,898 and 78,368 limited partner common units outstanding at June 30, 2020 and December 31, 2019, respectively) 4,980,411 5,247,868
Total SLGOP partners' capital 5,119,972 5,441,315
Noncontrolling interests in other partnerships 85,790 75,883
Total capital 5,205,762 5,517,198
Total liabilities and equity/capital $ 13,071,564 $ 12,766,320
[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: $355.0 million and $205.2 million of land, $1.2 billion and $481.9 million of building and improvements, $2.0 million and $2.0 million of building and leasehold improvements, $61.7 million and $61.7 million of right of use assets, $263.1 million and $17.6 million of accumulated depreciation, $371.5 million and $169.5 million of other assets included in other line items, $444.5 million and $457.1 million of real estate debt, net, $1.0 million and $1.2 million of accrued interest payable, $58.2 million and $57.7 million of lease liabilities, and $84.9 million and $43.7 million of other liabilities included in other line items as of June 30, 2020 and December 31, 2019, respectively.
[2] The Operating Partnership's