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Consolidated Statements of Cash Flows (Partnership) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Operating Activities      
Net income (loss) $ 18,389 $ (38,357)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 50,123 80,803  
Equity in net (income) loss from unconsolidated joint ventures (111,160) 7,412  
Distributions of cumulative earnings from unconsolidated joint ventures 68 258  
Equity in net (gain) loss on sale of interest in unconsolidated joint venture interest/real estate (26,764) 79  
Purchase price and other fair value adjustments 50,492 (239)  
Depreciable real estate reserves and impairment 52,118 0  
Loss on sale of real estate, net 0 1,651  
Loan loss reserves and other investment reserves, net of recoveries 0 6,890 $ 6,890
Deferred rents receivable (3,721) (7,431)  
Non-cash lease expense 5,003 5,261  
Other non-cash adjustments 11,166 (3,271)  
Changes in operating assets and liabilities:      
Tenant and other receivables (3,174) (969)  
Related party receivables 245 577  
Deferred lease costs (3,735) (3,911)  
Other assets (12,644) (11,394)  
Accounts payable, accrued expenses, other liabilities and security deposits (50,003) 4,656  
Deferred revenue 3,017 2,450  
Lease liability - operating leases (4,097) (2,116)  
Net cash (used in) provided by operating activities (24,677) 42,349  
Investing Activities      
Additions to land, buildings and improvements (55,316) (61,918)  
Acquisition deposits and deferred purchase price (12,817) 0  
Investments in unconsolidated joint ventures (23,830) (22,985)  
Distributions in excess of cumulative earnings from unconsolidated joint ventures 71,545 41,812  
Net proceeds from disposition of real estate/joint venture interest 26,420 0  
Other investments (2,770) (17,700)  
Origination of debt and preferred equity investments (6,945) (5,578)  
Net cash used in investing activities (3,713) (66,369)  
Financing Activities      
Proceeds from mortgages and other loans payable 493 0  
Repayments of mortgages and other loans payable (1,501) (1,473)  
Proceeds from revolving credit facility, term loans and unsecured notes 130,000 143,000  
Repayments of revolving credit facility, term loans and unsecured notes (40,000) (78,000)  
Proceeds from stock options exercised and DRSPP issuance 77 184  
Redemption of OP units (18,608) (5,220)  
Distributions to noncontrolling interests in other partnerships (1,283) (136)  
Contributions from noncontrolling interests in other partnerships 0 426  
Distributions paid on common and preferred units (54,142) (57,373)  
Deferred loan costs (60) (358)  
Net cash provided by (used in) financing activities 11,367 (2,772)  
Net decrease in cash, cash equivalents, and restricted cash (17,023) (26,792)  
Cash, cash equivalents, and restricted cash at beginning of year 335,519 384,054 384,054
Cash, cash equivalents, and restricted cash at end of period 318,496 357,262 335,519
Supplemental Disclosure of Non-Cash Investing and Financing Activities:      
Fair value adjustment to noncontrolling interest in the Operating Partnership 42,841 10,147  
Consolidation of a subsidiary 6,678 0  
Consolidation of mortgage loan payable 205,000 0  
Acquisition of subsidiary interest from noncontrolling interest 5,674 0  
Contribution to consolidated joint venture interest 0 8,134  
Removal of fully depreciated commercial real estate properties 3,354 4,247  
Share repurchase or redemption payable 5,012 0  
Cash and cash equivalents 196,035 158,937 221,823
Restricted cash 122,461 198,325 113,696
Total cash, cash equivalents, and restricted cash 318,496 357,262 335,519
SL Green Operating Partnership      
Operating Activities      
Net income (loss) 18,389 (38,357)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 50,123 80,803  
Equity in net (income) loss from unconsolidated joint ventures (111,160) 7,412  
Distributions of cumulative earnings from unconsolidated joint ventures 68 258  
Equity in net (gain) loss on sale of interest in unconsolidated joint venture interest/real estate (26,764) 79  
Purchase price and other fair value adjustments 50,492 (239)  
Depreciable real estate reserves and impairment 52,118 0  
Loss on sale of real estate, net 0 1,651  
Loan loss reserves and other investment reserves, net of recoveries 0 6,890  
Deferred rents receivable (3,721) (7,431)  
Non-cash lease expense 5,003 5,261  
Other non-cash adjustments 11,166 (3,271)  
Changes in operating assets and liabilities:      
Tenant and other receivables (3,174) (969)  
Related party receivables 245 577  
Deferred lease costs (3,735) (3,911)  
Other assets (12,644) (11,394)  
Accounts payable, accrued expenses, other liabilities and security deposits (50,003) 4,656  
Deferred revenue 3,017 2,450  
Lease liability - operating leases (4,097) (2,116)  
Net cash (used in) provided by operating activities (24,677) 42,349  
Investing Activities      
Additions to land, buildings and improvements (55,316) (61,918)  
Acquisition deposits and deferred purchase price (12,817) 0  
Investments in unconsolidated joint ventures (23,830) (22,985)  
Distributions in excess of cumulative earnings from unconsolidated joint ventures 71,545 41,812  
Net proceeds from disposition of real estate/joint venture interest 26,420 0  
Other investments (2,770) (17,700)  
Origination of debt and preferred equity investments (6,945) (5,578)  
Net cash used in investing activities (3,713) (66,369)  
Financing Activities      
Proceeds from mortgages and other loans payable 493 0  
Repayments of mortgages and other loans payable (1,501) (1,473)  
Proceeds from revolving credit facility, term loans and unsecured notes 130,000 143,000  
Repayments of revolving credit facility, term loans and unsecured notes (40,000) (78,000)  
Proceeds from stock options exercised and DRSPP issuance 77 184  
Redemption of OP units (18,608) (5,220)  
Distributions to noncontrolling interests in other partnerships (1,283) (136)  
Contributions from noncontrolling interests in other partnerships 0 426  
Distributions paid on common and preferred units (57,751) (61,195)  
Deferred loan costs (60) (358)  
Net cash provided by (used in) financing activities 11,367 (2,772)  
Net decrease in cash, cash equivalents, and restricted cash (17,023) (26,792)  
Cash, cash equivalents, and restricted cash at beginning of year 335,519 384,054 384,054
Cash, cash equivalents, and restricted cash at end of period 318,496 357,262 335,519
Supplemental Disclosure of Non-Cash Investing and Financing Activities:      
Fair value adjustment to noncontrolling interest in the Operating Partnership 42,841 10,147  
Consolidation of a subsidiary 6,678 0  
Acquisition of subsidiary interest from noncontrolling interest 5,674 0  
Contribution to consolidated joint venture interest 0 8,134  
Removal of fully depreciated commercial real estate properties 3,354 4,247  
Share repurchase or redemption payable 5,012 0  
Cash and cash equivalents 196,035 158,937 221,823
Restricted cash 122,461 198,325 113,696
Total cash, cash equivalents, and restricted cash $ 318,496 $ 357,262 $ 335,519