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Consolidated Statements of Operations (Partnership) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Rental revenue, net $ 683,335 $ 671,500 $ 678,176
SUMMIT Operator revenue 118,260 89,048 16,311
Investment income 34,705 81,113 80,340
Other income 77,410 77,793 86,483
Total revenues 913,710 919,454 861,310
Expenses      
Real estate taxes 143,757 138,228 152,835
Operating lease rent 27,292 26,943 26,554
SUMMIT Operator expenses 101,211 89,207 16,219
Interest expense, net of interest income 137,114 89,473 70,891
Amortization of deferred financing costs 7,837 7,817 11,424
SUMMIT Operator tax expense 9,201 2,647 1,000
Depreciation and amortization 247,810 216,167 216,969
Loan loss and other investment reserves, net of recoveries 6,890 0 2,931
Transaction related costs 1,099 409 3,773
Marketing, general and administrative 111,389 93,798 94,912
Total expenses 990,296 838,752 764,661
Equity in net loss from unconsolidated joint ventures (76,509) (57,958) (55,402)
Equity in net loss on sale of interest in unconsolidated joint venture/real estate (13,368) (131) (32,757)
Purchase price and other fair value adjustments (17,260) (8,118) 210,070
(Loss) gain on sale of real estate, net (32,370) (84,485) 287,417
Depreciable real estate reserves and impairments (382,374) (6,313) (23,794)
Loss on early extinguishment of debt (870) 0 (1,551)
Net (loss) income (599,337) (76,303) 480,632
Net loss (income) attributable to noncontrolling interests:      
Net loss (income) attributable to noncontrolling interests in other partnerships 4,568 (1,122) 1,884
Preferred units distributions (7,255) (6,443) (7,305)
Net income (loss) attributable to SL Green/SLGOP (564,559) (78,074) 449,754
Perpetual preferred unit dividends (14,950) (14,950) (14,950)
Related party      
Revenues      
Other income   1,400 1,700
Expenses      
Operating expenses, including related party expenses of $5 in 2023, $5,701 in 2022 and $12,377 in 2021 5 5,701 12,377
SL Green Operating Partnership      
Revenues      
Rental revenue, net 683,335 671,500 678,176
SUMMIT Operator revenue 118,260 89,048 16,311
Investment income 34,705 81,113 80,340
Other income 77,410 77,793 86,483
Total revenues 913,710 919,454 861,310
Expenses      
Operating expenses, including related party expenses of $5 in 2023, $5,701 in 2022 and $12,377 in 2021 196,696 174,063 167,153
Real estate taxes 143,757 138,228 152,835
Operating lease rent 27,292 26,943 26,554
SUMMIT Operator expenses 101,211 89,207 16,219
Interest expense, net of interest income 137,114 89,473 70,891
Amortization of deferred financing costs 7,837 7,817 11,424
SUMMIT Operator tax expense 9,201 2,647 1,000
Depreciation and amortization 247,810 216,167 216,969
Loan loss and other investment reserves, net of recoveries 6,890 0 2,931
Transaction related costs 1,099 409 3,773
Marketing, general and administrative 111,389 93,798 94,912
Total expenses 990,296 838,752 764,661
Equity in net loss from unconsolidated joint ventures (76,509) (57,958) (55,402)
Equity in net loss on sale of interest in unconsolidated joint venture/real estate (13,368) (131) (32,757)
Purchase price and other fair value adjustments (17,260) (8,118) 210,070
(Loss) gain on sale of real estate, net (32,370) (84,485) 287,417
Depreciable real estate reserves and impairments (382,374) (6,313) (23,794)
Loss on early extinguishment of debt (870) 0 (1,551)
Net (loss) income (599,337) (76,303) 480,632
Net loss (income) attributable to noncontrolling interests:      
Net loss (income) attributable to noncontrolling interests in other partnerships 4,568 (1,122) 1,884
Preferred units distributions (7,255) (6,443) (7,305)
Net income (loss) attributable to SL Green/SLGOP (602,024) (83,868) 475,211
Perpetual preferred unit dividends (14,950) (14,950) (14,950)
Net (loss) income attributable to SLGOP common unitholders $ (616,974) $ (98,818) $ 460,261
Basic (loss) earnings per unit (in dollars per share) $ (9.12) $ (1.49) $ 6.57
Diluted (loss) earnings per unit (in dollars per share) $ (9.12) $ (1.49) $ 6.50
Basic weighted average common units outstanding (in shares)   67,929 69,727
Diluted weighted average common units and common unit equivalents outstanding (in shares) 67,972 67,929 70,769
SL Green Operating Partnership | Related party      
Expenses      
Operating expenses, including related party expenses of $5 in 2023, $5,701 in 2022 and $12,377 in 2021 $ 5 $ 5,701 $ 12,377