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Consolidated Statements of Cash Flows (Partnership) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities    
Net income (loss) $ 11,084 $ (439,279)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 158,892 205,086
Equity in net (income) loss from unconsolidated joint ventures (100,057) 44,470
Distributions of cumulative earnings from unconsolidated joint ventures 306 514
Equity in net (gain) loss on sale of interest in unconsolidated joint venture interest/real estate (19,006) 79
Purchase price and other fair value adjustments 36,321 6,987
Depreciable real estate reserves and impairment 65,839 305,527
(Gain) loss on sale of real estate, net (4,730) 27,813
Loan loss reserves and other investment reserves, net of recoveries 0 6,890
Gain on early extinguishment of debt (17,777) 0
Deferred rents receivable (2,166) (16,195)
Non-cash lease expense 15,147 15,477
Other non-cash adjustments 31,460 6,645
Changes in operating assets and liabilities:    
Tenant and other receivables (12,693) (2,852)
Related party receivables 181 16,466
Deferred lease costs (11,920) (8,066)
Other assets (11,332) (14,169)
Accounts payable, accrued expenses, other liabilities and security deposits (57,291) 23,655
Deferred revenue 1,616 9,978
Lease liability - operating leases (12,454) (7,688)
Net Cash Provided by (Used in) Operating Activities 71,420 181,338
Investing Activities    
Additions to land, buildings and improvements (162,691) (194,035)
Acquisition deposits and deferred purchase price (12,817) 0
Investments in unconsolidated joint ventures (371,948) (119,522)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 99,307 108,884
Net proceeds from disposition of real estate/joint venture interest 478,151 547,605
Investments in marketable securities (5,604) 0
Investments in real estate loans held by consolidated securitization vehicles (108,893)
Other investments (7,350) (17,545)
Origination of debt and preferred equity investments (9,126) (53,703)
Repayments or redemption of debt and preferred equity investments 63,496 0
Net Cash Provided by (Used in) Investing Activities (37,475) 271,684
Financing Activities    
Proceeds from mortgages and other loans payable 900 0
Repayments of mortgages and other loans payable (36,488) (4,340)
Proceeds from revolving credit facility, term loans and unsecured notes 920,000 358,000
Repayments of revolving credit facility, term loans and unsecured notes (745,000) (808,000)
Proceeds from stock options exercised and DRSPP issuance 14,291 439
Redemption of preferred units 0 (11,700)
Redemption of OP units (31,491) (8,900)
Distributions to noncontrolling interests in other partnerships (4,567) (1,614)
Contributions from noncontrolling interests in other partnerships 1,823 3,580
Distributions paid on common and preferred units (162,787) (172,920)
Other obligations related to secured borrowing 0 129,656
Deferred loan costs (475) (729)
Net cash used in financing activities (54,339) (527,753)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (20,394) (74,731)
Cash, cash equivalents, and restricted cash at beginning of year 335,519 384,054
Cash, cash equivalents, and restricted cash at end of period 315,125 309,323
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Exchange of debt investment for real estate or equity in joint venture 0 349,946
Fair value adjustment to noncontrolling interest in the Operating Partnership 77,400 8,072
Investment in joint venture 10,639 0
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
Extinguishment of debt 18,000 0
Debt and preferred equity investments 1,133 0
Removal of fully depreciated commercial real estate properties 4,774 7,747
Share repurchase or redemption payable 9,514 0
Consolidation of securitization vehicle assets 600,521 0
Consolidation of securitization vehicle liabilities 600,521 0
Restricted cash 126,909 119,573
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 315,125 309,323
Cash and cash equivalents 188,216 189,750
SL Green Operating Partnership    
Operating Activities    
Net income (loss) 11,084 (439,279)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 158,892 205,086
Equity in net (income) loss from unconsolidated joint ventures (100,057) 44,470
Distributions of cumulative earnings from unconsolidated joint ventures 306 514
Equity in net (gain) loss on sale of interest in unconsolidated joint venture interest/real estate (19,006) 79
Purchase price and other fair value adjustments 36,321 6,987
Depreciable real estate reserves and impairment 65,839 305,527
(Gain) loss on sale of real estate, net (4,730) 27,813
Loan loss reserves and other investment reserves, net of recoveries 0 6,890
Gain on early extinguishment of debt (17,777) 0
Deferred rents receivable (2,166) (16,195)
Non-cash lease expense 15,147 15,477
Other non-cash adjustments 31,460 6,645
Changes in operating assets and liabilities:    
Tenant and other receivables (12,693) (2,852)
Related party receivables 181 16,466
Deferred lease costs (11,920) (8,066)
Other assets (11,332) (14,169)
Accounts payable, accrued expenses, other liabilities and security deposits (57,291) 23,655
Deferred revenue 1,616 9,978
Lease liability - operating leases (12,454) (7,688)
Net Cash Provided by (Used in) Operating Activities 71,420 181,338
Investing Activities    
Additions to land, buildings and improvements (162,691) (194,035)
Acquisition deposits and deferred purchase price (12,817) 0
Investments in unconsolidated joint ventures (371,948) (119,522)
Distributions in excess of cumulative earnings from unconsolidated joint ventures 99,307 108,884
Net proceeds from disposition of real estate/joint venture interest 478,151 547,605
Investments in marketable securities (5,604) 0
Investments in real estate loans held by consolidated securitization vehicles (108,893) 0
Other investments (7,350) (17,545)
Origination of debt and preferred equity investments (9,126) (53,703)
Repayments or redemption of debt and preferred equity investments 63,496 0
Net Cash Provided by (Used in) Investing Activities (37,475) 271,684
Financing Activities    
Proceeds from mortgages and other loans payable 900 0
Repayments of mortgages and other loans payable (36,488) (4,340)
Proceeds from revolving credit facility, term loans and unsecured notes 920,000 358,000
Repayments of revolving credit facility, term loans and unsecured notes (745,000) (808,000)
Proceeds from stock options exercised and DRSPP issuance 14,291 439
Redemption of preferred units 0 (11,700)
Redemption of OP units (31,491) (8,900)
Distributions to noncontrolling interests in other partnerships (4,567) (1,614)
Contributions from noncontrolling interests in other partnerships 1,823 3,580
Distributions paid on common and preferred units (173,332) (184,145)
Other obligations related to secured borrowing 0 129,656
Deferred loan costs (475) (729)
Net cash used in financing activities (54,339) (527,753)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (20,394) (74,731)
Cash, cash equivalents, and restricted cash at end of period 315,125 309,323
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Exchange of debt investment for real estate or equity in joint venture 0 349,946
Fair value adjustment to noncontrolling interest in the Operating Partnership 77,400 8,072
Investment in joint venture 10,639 0
Deconsolidation of a subsidiary 0 101,351
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
Extinguishment of debt 18,000 0
Debt and preferred equity investments 1,133 0
Removal of fully depreciated commercial real estate properties 4,774 7,747
Share repurchase or redemption payable 9,514 0
Consolidation of securitization vehicle assets 600,521 0
Consolidation of securitization vehicle liabilities 600,521 0
Restricted cash 126,909 119,573
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 315,125 309,323
Cash and cash equivalents $ 188,216 $ 189,750