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Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Commercial real estate properties, at cost:    
Land and land interests $ 1,315,832 $ 1,751,544
Building and improvements 4,168,193 5,154,990
Building leasehold and improvements 1,448,134 1,433,793
Right of use asset - financing leases 55,711 47,445
Right of use asset - operating leases 367,209 396,795
Total commercial real estate properties, at cost 7,355,079 8,784,567
Less: accumulated depreciation (1,956,077) (2,060,560)
Total commercial real estate properties, net 5,399,002 6,724,007
Assets held for sale 0 391,664
Cash and cash equivalents 266,059 166,070
Restricted cash 106,736 75,360
Investments in marketable securities 28,570 29,887
Tenant and other receivables 44,507 43,968
Related party receivables 34,657 21,121
Deferred rents receivable 302,791 283,011
Debt and preferred equity investments, net of discounts and deferred origination fees of $11,232 and $14,562 and allowances of $13,213 and $1,750 in 2020 and 2019, respectively 1,076,542 1,580,306
Investments in unconsolidated joint ventures 3,823,322 2,912,842
Deferred costs, net 177,168 205,283
Other assets 448,213 332,801
Total assets [1] 11,707,567 12,766,320
Liabilities    
Mortgages and other loans payable, net 1,979,972 2,183,253
Revolving credit facility, net 105,262 234,013
Unsecured term loans, net 1,495,275 1,494,024
Unsecured notes, net 1,248,219 1,496,847
Accrued interest payable 14,825 22,148
Other liabilities 302,798 177,080
Accounts payable and accrued expenses 151,309 166,905
Deferred revenue 118,572 114,052
Lease liability - financing leases 152,521 44,448
Lease liability - operating leases 339,458 381,671
Dividend and distributions payable 149,294 79,282
Security deposits 53,836 62,252
Liabilities related to assets held for sale 0 0
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities 100,000 100,000
Total liabilities [1] 6,211,341 6,555,975
Commitments and contingencies
Noncontrolling interests in Operating Partnership 358,262 409,862
Preferred units 202,169 283,285
Equity    
Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 issued and outstanding at both December 31, 2020 and 2019 221,932 221,932
Common stock, $0.01 par value, 160,000 shares authorized and 69,534 and 77,981 issued and outstanding at December 31, 2020 and 2019, respectively (including 1,026 and 1,026 shares held in treasury at December 31, 2020 and 2019, respectively) 716 803
Additional paid-in-capital 3,862,949 4,286,395
Treasury stock at cost (124,049) (124,049)
Accumulated other comprehensive loss (67,247) (28,485)
Retained earnings 1,015,462 1,084,719
Total SL Green stockholders' equity 4,909,763 5,441,315
Noncontrolling interests in other partnerships 26,032 75,883
Total equity 4,935,795 5,517,198
SL Green stockholders equity:    
Total liabilities and equity/capital $ 11,707,567 $ 12,766,320
Preferred stock, par (in dollars per share) $ 0.01  
Series I Preferred Stock    
SL Green stockholders equity:    
Preferred stock, par (in dollars per share) 0.01 $ 0.01
Preferred stock, liquidation preference (in dollars per share) $ 25.00 $ 25.00
SL Green Operating Partnership    
Commercial real estate properties, at cost:    
Land and land interests $ 1,315,832 $ 1,751,544
Building and improvements 4,168,193 5,154,990
Building leasehold and improvements 1,448,134 1,433,793
Right of use asset - financing leases 55,711 47,445
Right of use asset - operating leases 367,209 396,795
Total commercial real estate properties, at cost 7,355,079 8,784,567
Less: accumulated depreciation (1,956,077) (2,060,560)
Total commercial real estate properties, net 5,399,002 6,724,007
Assets held for sale 0 391,664
Cash and cash equivalents 266,059 166,070
Restricted cash 106,736 75,360
Investments in marketable securities 28,570 29,887
Tenant and other receivables 44,507 43,968
Related party receivables 34,657 21,121
Deferred rents receivable 302,791 283,011
Debt and preferred equity investments, net of discounts and deferred origination fees of $11,232 and $14,562 and allowances of $13,213 and $1,750 in 2020 and 2019, respectively 1,076,542 1,580,306
Investments in unconsolidated joint ventures   2,912,842
Deferred costs, net 177,168 205,283
Other assets 448,213 332,801
Total assets [2] 11,707,567 12,766,320
Liabilities    
Mortgages and other loans payable, net 1,979,972 2,183,253
Revolving credit facility, net 105,262 234,013
Unsecured term loans, net 1,495,275 1,494,024
Unsecured notes, net 1,248,219 1,496,847
Accrued interest payable 14,825 22,148
Other liabilities 302,798 177,080
Accounts payable and accrued expenses 151,309 166,905
Deferred revenue 118,572 114,052
Lease liability - financing leases 152,521 44,448
Lease liability - operating leases 339,458 381,671
Dividend and distributions payable 149,294 79,282
Security deposits 53,836 62,252
Liabilities related to assets held for sale 0 0
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities 100,000 100,000
Total liabilities [2] 6,211,341 6,555,975
Commitments and contingencies
Limited partner interests in SLGOP (3,939 and 4,196 limited partner common units outstanding at December 31, 2020 and 2019, respectively) 358,262 409,862
Preferred units 202,169 283,285
Equity    
Accumulated other comprehensive loss (67,247) (28,485)
SL Green stockholders equity:    
Series I Preferred Units, $25.00 liquidation preference, 9,200 issued and outstanding at both December 31, 2020 and 2019 221,932 221,932
SL Green partners' capital (724 and 812 general partner common units, and 67,784 and 76,145 limited partner common units outstanding at December 31, 2020 and 2019, respectively) 4,755,078 5,247,868
Total SLGOP partners' capital 4,909,763 5,441,315
Noncontrolling interests in other partnerships 26,032 75,883
Total capital 4,935,795 5,517,198
Total liabilities and equity/capital $ 11,707,567 $ 12,766,320
SL Green Operating Partnership | Series I Preferred Stock    
SL Green stockholders equity:    
Preferred units, shares issued (in shares) 9,200 9,200
Service Corporation    
Commercial real estate properties, at cost:    
Land and land interests $ 41,200 $ 205,200
Building and improvements 57,900 481,900
Building leasehold and improvements 2,000 2,000
Right of use asset - financing leases 37,800 61,700
Less: accumulated depreciation (10,300) (17,600)
Other assets 289,500 169,500
Liabilities    
Mortgages and other loans payable, net 94,000 457,100
Accrued interest payable 700 1,200
Other liabilities 56,600 43,700
Lease liability - financing leases $ 29,900 $ 57,700
[1] (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: $41.2 million and $205.2 million of land, $57.9 million and $481.9 million of building and improvements, $2.0 million and $2.0 million of building and leasehold improvements, $37.8 million and $61.7 million of right of use assets, $10.3 million and $17.6 million of accumulated depreciation, $289.5 million and $169.5 million of other assets included in other line items, $94.0 million and $457.1 million of real estate debt, net, $0.7 million and $1.2 million of accrued interest payable, $29.9 million and $57.7 million of lease liabilities, and $56.6 million and $43.7 million of other liabilities included in other line items as of December 31, 2020 and December 31, 2019, respectively.
[2] (1) 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: $41.2 million and $205.2 million of land, $57.9 million and $481.9 million of building and improvements, $2.0 million and $2.0 million of building and leasehold improvements, $37.8 million and $61.7 million of right of use assets, $10.3 million and $17.6 million of accumulated depreciation, $289.5 million and $169.5 million of other assets included in other line items, $94.0 million and $457.1 million of real estate debt, net, $0.7 million and $1.2 million of accrued interest payable, $29.9 million and $57.7 million of lease liabilities, and $56.6 million and $43.7 million of other liabilities included in other line items as of December 31, 2020 and December 31, 2019, respectively.