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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Rental revenue, net $ 188,089 $ 222,631
Investment income 19,273 38,533
Other income 18,740 53,139
Total revenues 226,102 314,303
Expenses    
Operating expenses, including related party expenses of $2,225 in 2021 and $3,749 in 2020 42,284 53,866
Real estate taxes 45,411 46,622
Operating lease rent 6,739 7,367
Interest expense, net of interest income 23,388 37,494
Amortization of deferred financing costs 3,774 2,500
Depreciation and amortization 62,996 68,279
Loan loss and other investment reserves, net of recoveries 0 11,248
Transaction related costs 22 65
Marketing, general and administrative 22,885 19,570
Total expenses 207,499 247,011
Equity in net loss from unconsolidated joint ventures (2,864) (12,814)
Equity in net loss on sale of interest in unconsolidated joint venture/real estate (12,629) 0
Purchase price and other fair value adjustments 2,664 0
(Loss) gain on sale of real estate, net (1,388) 72,636
Depreciable real estate reserves and impairment (8,241) 0
Net (loss) income (3,855) 127,114
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interests in the Operating Partnership 476 (6,202)
Noncontrolling interests in other partnerships 1,499 293
Preferred units distributions (1,846) (2,666)
Net income (loss) attributable to SL Green/SLGOP (3,726) 118,539
Perpetual preferred stock dividends (3,738) (3,738)
Net income attributable to SL Green common stockholders $ (7,464) $ 114,801
Basic earnings per share (usd per share) $ (0.11) $ 1.51
Diluted earnings per share (usd per share) $ (0.11) $ 1.51
Basic weighted average common shares outstanding (in shares) 69,010 75,656
Diluted weighted average common shares and common share equivalents outstanding (in shares) 74,070 80,352
SL Green Operating Partnership    
Revenues    
Rental revenue, net $ 188,089 $ 222,631
Investment income 19,273 38,533
Other income 18,740 53,139
Total revenues 226,102 314,303
Expenses    
Operating expenses, including related party expenses of $2,225 in 2021 and $3,749 in 2020 42,284 53,866
Real estate taxes 45,411 46,622
Operating lease rent 6,739 7,367
Interest expense, net of interest income 23,388 37,494
Amortization of deferred financing costs 3,774 2,500
Depreciation and amortization 62,996 68,279
Loan loss and other investment reserves, net of recoveries 0 11,248
Transaction related costs 22 65
Marketing, general and administrative 22,885 19,570
Total expenses 207,499 247,011
Equity in net loss from unconsolidated joint ventures (2,864) (12,814)
Equity in net loss on sale of interest in unconsolidated joint venture/real estate (12,629) 0
Purchase price and other fair value adjustments 2,664 0
(Loss) gain on sale of real estate, net (1,388) 72,636
Depreciable real estate reserves and impairment (8,241) 0
Net (loss) income (3,855) 127,114
Net loss (income) attributable to noncontrolling interests:    
Noncontrolling interests in other partnerships 1,499 293
Preferred units distributions (1,846) (2,666)
Net income (loss) attributable to SL Green/SLGOP (4,202) 124,741
Perpetual preferred unit distributions (3,738) (3,738)
Net (loss) income attributable to SLGOP common unitholders $ (7,940) $ 121,003
Basic earnings per unit (usd per share) $ (0.11) $ 1.51
Diluted earnings per unit (usd per share) $ (0.11) $ 1.51
Basic weighted average common units outstanding (in shares) 73,158 79,876
Diluted weighted average common units and common unit equivalents outstanding (in shares) 74,070 80,352