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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Commercial real estate properties, at cost:    
Land and land interests $ 1,350,701 $ 1,315,832
Building and improvements 3,671,402 4,168,193
Building leasehold and improvements 1,645,081 1,448,134
Right of use asset - financing leases 0 55,711
Right of use asset - operating leases 983,723 367,209
Total commercial real estate properties, at cost 7,650,907 7,355,079
Less: accumulated depreciation (1,896,199) (1,956,077)
Total commercial real estate properties, net 5,754,708 5,399,002
Assets held for sale 140,855 0
Cash and cash equivalents 251,417 266,059
Restricted cash 85,567 106,736
Investments in marketable securities 34,752 28,570
Tenant and other receivables 47,616 44,507
Related party receivables 29,408 34,657
Deferred rents receivable 248,313 302,791
Debt and preferred equity investments, net of discounts and deferred origination fees of $5,057 and $11,232 and allowances of $6,630 and $13,213 in 2021 and 2020, respectively 1,088,723 1,076,542
Investments in unconsolidated joint ventures 2,997,934 3,823,322
Deferred costs, net 124,495 177,168
Other assets 262,841 448,213
Total assets [1] 11,066,629 11,707,567
Liabilities    
Mortgages and other loans payable, net 1,394,386 1,979,972
Revolving credit facility, net 381,334 105,262
Unsecured term loans, net 1,242,002 1,495,275
Unsecured notes, net 899,308 1,248,219
Accrued interest payable 12,698 14,825
Other liabilities 195,390 302,798
Accounts payable and accrued expenses 157,571 151,309
Deferred revenue 107,275 118,572
Lease liability - financing leases 102,914 152,521
Lease liability - operating leases 851,370 339,458
Dividend and distributions payable 187,372 149,294
Security deposits 52,309 53,836
Liabilities related to assets held for sale 64,120 0
Junior subordinated deferrable interest debentures held by trusts that issued trust preferred securities 100,000 100,000
Total liabilities [1] 5,748,049 6,211,341
Commitments and contingencies
Noncontrolling interests in Operating Partnership 344,252 358,262
Preferred units 196,075 202,169
Equity    
Series I Preferred Stock, $0.01 par value, $25.00 liquidation preference, 9,200 issued and outstanding at both December 31, 2021 and 2020 221,932 221,932
Common stock, $0.01 par value, 160,000 shares authorized and 65,132 and 67,470 issued and outstanding at December 31, 2021 and 2020, respectively (including 1,027 and 996 shares held in treasury at December 31, 2021 and 2020, respectively) 672 716
Additional paid-in-capital 3,739,409 3,862,949
Treasury stock at cost (126,160) (124,049)
Accumulated other comprehensive loss (46,758) (67,247)
Retained earnings 975,781 1,015,462
Total SL Green stockholders' equity 4,764,876 4,909,763
Noncontrolling interests in other partnerships 13,377 26,032
Total equity 4,778,253 4,935,795
Total liabilities and equity/capital 11,066,629 11,707,567
Service Corporation    
Commercial real estate properties, at cost:    
Land and land interests 193,400 41,200
Building and improvements 336,900 57,900
Building leasehold and improvements 0 2,000
Right of use asset - financing leases 15,400 37,800
Less: accumulated depreciation (11,700) (10,300)
Other assets 574,400 289,500
Liabilities    
Mortgages and other loans payable, net 418,900 94,000
Accrued interest payable 800 700
Other liabilities 145,200 56,600
Lease liability - financing leases $ 15,300 $ 29,900
[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: $193.4 million and $41.2 million of land, $336.9 million and $57.9 million of building and improvements, $— million and $2.0 million of building and leasehold improvements, $15.4 million and $37.8 million of right of use assets, $11.7 million and $10.3 million of accumulated depreciation, $574.4 million and $289.5 million of other assets included in other line items, $418.9 million and $94.0 million of real estate debt, net, $0.8 million and $0.7 million of accrued interest payable, $15.3 million and $29.9 million of lease liabilities, and $145.2 million and $56.6 million of other liabilities included in other line items as of December 31, 2021 and December 31, 2020, respectively.