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Consolidated Statements of Cash Flows (Partnership) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities      
Net (loss) income $ (599,337) $ (76,303) $ 480,632
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 255,647 223,984 228,393
Equity in net loss from unconsolidated joint ventures 76,509 57,958 55,402
Distributions of cumulative earnings from unconsolidated joint ventures 9,897 780 824
Equity in net loss on sale of interest in unconsolidated joint venture interest/real estate 13,368 131 32,757
Purchase price and other fair value adjustments 17,260 8,118 (210,070)
Depreciable real estate reserves and impairments 382,374 6,313 23,794
Loss (gain) on sale of real estate, net 32,370 84,485 (287,417)
Loan loss and other investment reserves, net of recoveries 6,890 0 2,931
Loss on early extinguishment of debt 870 0 1,551
Deferred rents receivable (17,903) (5,749) (6,701)
Non-cash lease expense 20,435 22,403 17,234
Other non-cash adjustments 28,174 (5,676) 37,164
Changes in operating assets and liabilities:      
Tenant and other receivables (1,725) 14,370 (20,561)
Related party receivables 15,788 6,666 (8,727)
Deferred lease costs (17,427) (21,792) (10,117)
Other assets (1,922) (28,204) 20,245
Accounts payable, accrued expenses, other liabilities and security deposits 11,974 (30,839) (66,387)
Deferred revenue 8,057 18,332 (1,727)
Change in lease liability - operating leases (11,796) 1,111 (33,241)
Net cash provided by operating activities 229,503 276,088 255,979
Investing Activities      
Acquisitions of real estate property 0 (64,491) (152,791)
Additions to land, buildings and improvements (259,663) (300,770) (302,486)
Investments in unconsolidated joint ventures (184,481) (184,518) (88,872)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 140,569 141,742 770,604
Net proceeds from disposition of real estate/joint venture interest 557,611 626,364 651,594
Cash and restricted cash assumed from acquisition of real estate investment 0 60,494 0
Cash assumed from consolidation of real estate investment 0 0 9,475
Proceeds from sale or redemption of marketable securities 0 15,626 4,528
Purchases of marketable securities 0 0 (10,000)
Other investments (17,334) 1,432 40,200
Origination of debt and preferred equity investments (65,357) (51,367) (95,695)
Repayments or redemption of debt and preferred equity investments 0 181,293 167,024
Net cash provided by investing activities 171,345 425,805 993,581
Financing Activities      
Proceeds from mortgages and other loans payable 0 381,980 39,689
Repayments of mortgages and other loans payable (25,826) (292,364) (375,044)
Proceeds from revolving credit facility, term loans and senior unsecured notes 538,000 1,524,000 1,488,000
Repayments of revolving credit facility, term loans and senior unsecured notes (828,000) (1,864,000) (1,808,000)
Proceeds from stock options exercised and DRSPP issuance 525 525 1,556
Repurchase of common units 0 (151,197) (341,403)
Redemption of preferred units (11,700) (17,967) (6,040)
Redemption of OP units (9,076) (40,901) (25,703)
Distributions to noncontrolling interests in other partnerships (2,777) (4,699) (6,631)
Contributions from noncontrolling interests in other partnerships 6,932 52,164 336
Acquisition of subsidiary interest from noncontrolling interest 0 (29,817) 0
Distributions paid on common and preferred units (230,931) (262,136) (271,075)
Other obligation related to secured borrowing 129,656 77,874 51,862
Tax withholdings related to restricted share awards 0 (3,915) (2,990)
Deferred loan costs (1,407) (8,098) (13,745)
Principal payments on financing lease liabilities 0 0 (434)
Net cash used in financing activities (449,383) (654,823) (1,285,371)
Net (decrease) increase in cash, cash equivalents, and restricted cash (48,535) 47,070 (35,811)
Cash, cash equivalents, and restricted cash at beginning of year 384,054 336,984 372,795
Cash, cash equivalents, and restricted cash at end of period 335,519 384,054 336,984
Supplemental cash flow disclosures:      
Interest paid 229,119 169,519 152,773
Income taxes paid 7,815 5,358 4,405
Supplemental Disclosure of Non-Cash Investing and Financing Activities:      
Redemption of units in the Operating Partnership for a joint venture sale 0 0 27,586
Exchange of preferred equity investment for real estate or equity in joint venture 0 190,652 0
Exchange of debt investment for real estate or equity in joint venture 349,946 193,995 9,468
Assumption of mortgage and mezzanine loans 0 1,712,750 60,000
Tenant improvements and capital expenditures payable 0 18,518 7,580
Fair value adjustment to noncontrolling interest in the Operating Partnership 15,486 39,974 9,851
Investment in joint venture 0 47,135 0
Deconsolidation of a subsidiary 101,351 0 66,837
Deconsolidation of subsidiary debt 1,712,750 0 510,000
Debt and preferred equity investments 0 302 8,372
Transfer of assets related to assets held for sale 0 0 140,855
Transfer of liabilities related to assets held for sale 0 0 64,120
Extinguishment of debt in connection with property dispositions 0 0 53,548
Consolidation of real estate investment 0 0 119,444
Removal of fully depreciated commercial real estate properties 16,313 30,359 19,831
Sale of interest in partially owned entity 0 0 4,476
Contribution to consolidated joint venture by noncontrolling interest 8,134 0 0
Distributions to noncontrolling interests 0 0 358
Share repurchase or redemption payable 9,513 0 0
Recognition of right of use assets and related lease liabilities 0 57,938 537,344
Cash and cash equivalents 221,823 203,273 251,417
Restricted cash 113,696 180,781 85,567
Total cash, cash equivalents, and restricted cash 335,519 384,054 336,984
SL Green Operating Partnership      
Operating Activities      
Net (loss) income (599,337) (76,303) 480,632
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 255,647 223,984 228,393
Equity in net loss from unconsolidated joint ventures 76,509 57,958 55,402
Distributions of cumulative earnings from unconsolidated joint ventures 9,897 780 824
Equity in net loss on sale of interest in unconsolidated joint venture interest/real estate 13,368 131 32,757
Purchase price and other fair value adjustments 17,260 8,118 (210,070)
Depreciable real estate reserves and impairments 382,374 6,313 23,794
Loss (gain) on sale of real estate, net 32,370 84,485 (287,417)
Loan loss and other investment reserves, net of recoveries 6,890 0 2,931
Loss on early extinguishment of debt 870 0 1,551
Deferred rents receivable (17,903) (5,749) (6,701)
Non-cash lease expense 20,435 22,403 17,234
Other non-cash adjustments 28,174 (5,676) 37,164
Changes in operating assets and liabilities:      
Tenant and other receivables (1,725) 14,370 (20,561)
Related party receivables 15,788 6,666 (8,727)
Deferred lease costs (17,427) (21,792) (10,117)
Other assets (1,922) (28,204) 20,245
Accounts payable, accrued expenses, other liabilities and security deposits 11,974 (30,839) (66,387)
Deferred revenue 8,057 18,332 (1,727)
Change in lease liability - operating leases (11,796) 1,111 (33,241)
Net cash provided by operating activities 229,503 276,088 255,979
Investing Activities      
Acquisitions of real estate property 0 (64,491) (152,791)
Additions to land, buildings and improvements (259,663) (300,770) (302,486)
Investments in unconsolidated joint ventures (184,481) (184,518) (88,872)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 140,569 141,742 770,604
Net proceeds from disposition of real estate/joint venture interest 557,611 626,364 651,594
Cash and restricted cash assumed from acquisition of real estate investment 0 60,494 0
Cash assumed from consolidation of real estate investment 0 0 9,475
Proceeds from sale or redemption of marketable securities 0 15,626 4,528
Purchases of marketable securities 0 0 (10,000)
Other investments (17,334) 1,432 40,200
Origination of debt and preferred equity investments (65,357) (51,367) (95,695)
Repayments or redemption of debt and preferred equity investments 0 181,293 167,024
Net cash provided by investing activities 171,345 425,805 993,581
Financing Activities      
Proceeds from mortgages and other loans payable 0 381,980 39,689
Repayments of mortgages and other loans payable (25,826) (292,364) (375,044)
Proceeds from revolving credit facility, term loans and senior unsecured notes 538,000 1,524,000 1,488,000
Repayments of revolving credit facility, term loans and senior unsecured notes (828,000) (1,864,000) (1,808,000)
Proceeds from stock options exercised and DRSPP issuance 525 525 1,556
Repurchase of common units 0 (151,197) (341,403)
Redemption of preferred units (11,700) (17,967) (6,040)
Redemption of OP units (9,076) (40,901) (25,703)
Distributions to noncontrolling interests in other partnerships (2,777) (4,699) (6,631)
Contributions from noncontrolling interests in other partnerships 6,932 52,164 336
Acquisition of subsidiary interest from noncontrolling interest 0 (29,817) 0
Distributions paid on common and preferred units (245,710) (278,408) (286,824)
Other obligation related to secured borrowing 129,656 77,874 51,862
Tax withholdings related to restricted share awards 0 (3,915) (2,990)
Deferred loan costs (1,407) (8,098) (13,745)
Principal payments on financing lease liabilities 0 0 (434)
Net cash used in financing activities (449,383) (654,823) (1,285,371)
Net (decrease) increase in cash, cash equivalents, and restricted cash (48,535) 47,070 (35,811)
Cash, cash equivalents, and restricted cash at beginning of year 384,054 336,984 372,795
Cash, cash equivalents, and restricted cash at end of period 335,519 384,054 336,984
Supplemental cash flow disclosures:      
Interest paid 229,119 169,519 152,773
Income taxes paid 7,815 5,358 4,405
Supplemental Disclosure of Non-Cash Investing and Financing Activities:      
Redemption of units in the Operating Partnership for a joint venture sale 0 0 27,586
Exchange of preferred equity investment for real estate or equity in joint venture 0 190,652 0
Exchange of debt investment for real estate or equity in joint venture 349,946 193,995 9,468
Assumption of mortgage and mezzanine loans 0 1,712,750 60,000
Issuance of special distribution paid in units 0 160,620 121,418
Tenant improvements and capital expenditures payable 0 18,518 7,580
Fair value adjustment to noncontrolling interest in the Operating Partnership 15,486 39,974 9,851
Investment in joint venture 0 47,135 0
Deconsolidation of a subsidiary 101,351 0 66,837
Deconsolidation of subsidiary debt 1,712,750 0 510,000
Debt and preferred equity investments 0 302 8,372
Transfer of assets related to assets held for sale 0 0 140,855
Transfer of liabilities related to assets held for sale 0 0 64,120
Extinguishment of debt in connection with property dispositions 0 0 53,548
Consolidation of real estate investment 0 0 119,444
Removal of fully depreciated commercial real estate properties 16,313 30,359 19,831
Sale of interest in partially owned entity 0 0 4,476
Contribution to consolidated joint venture by noncontrolling interest 8,134 0 0
Distributions to noncontrolling interests 0 0 358
Share repurchase or redemption payable 9,513 0 0
Recognition of right of use assets and related lease liabilities 0 57,938 537,344
Cash and cash equivalents 221,823 203,273 251,417
Restricted cash 113,696 180,781 85,567
Total cash, cash equivalents, and restricted cash $ 335,519 $ 384,054 $ 336,984