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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Rental revenue, net $ 605,999 $ 683,335 $ 671,500
SUMMIT Operator revenue 133,214 118,260 89,048
Investment income 24,353 34,705 81,113
Interest income from real estate loans held by consolidated securitization vehicles 18,980 0 0
Other income 103,726 77,410 77,793
Total revenues 886,272 913,710 919,454
Expenses      
Real estate taxes 128,187 143,757 138,228
Operating lease rent 24,423 27,292 26,943
SUMMIT Operator expenses 111,739 101,211 89,207
Interest expense, net of interest income 147,220 137,114 89,473
Amortization of deferred financing costs 6,619 7,837 7,817
SUMMIT Operator tax expense 730 9,201 2,647
Interest expense on senior obligations of consolidated securitization vehicles 14,634 0 0
Depreciation and amortization 207,443 247,810 216,167
Loan loss and other investment reserves, net of recoveries 0 6,890 0
Transaction related costs 401 1,099 409
Marketing, general and administrative 85,187 111,389 93,798
Total expenses 916,181 990,296 838,752
Equity in net loss from unconsolidated joint ventures (179,695) (76,509) (57,958)
Equity in net gain (loss) on sale of interest in unconsolidated joint venture/real estate 208,144 (13,368) (131)
Purchase price and other fair value adjustments 88,966 (17,260) (8,118)
Gain (loss) on sale of real estate, net 3,025 (32,370) (84,485)
Depreciable real estate reserves and impairments (104,071) (382,374) (6,313)
Gain (loss) on early extinguishment of debt 43,762 (870) 0
Net income (loss) 30,222 (599,337) (76,303)
Net loss attributable to noncontrolling interests:      
Noncontrolling interests in the Operating Partnership (497) 37,465 5,794
Noncontrolling interests in other partnerships 928 4,568 (1,122)
Preferred units distributions (8,643) (7,255) (6,443)
Net income (loss) attributable to SL Green 22,010 (564,559) (78,074)
Perpetual preferred stock dividends (14,950) (14,950) (14,950)
Net income (loss) attributable to SL Green common stockholders $ 7,060 $ (579,509) $ (93,024)
Basic earnings (loss) per share (in dollars per share) $ 0.08 $ (9.12) $ (1.49)
Diluted earnings (loss) per share (in dollars per share) $ 0.08 $ (9.12) $ (1.49)
Basic weighted average common shares outstanding (in shares) 65,062 63,809 63,917
Diluted weighted average common shares and common share equivalents outstanding (in shares) 65,688 67,972 67,929
Nonrelated party      
Expenses      
Operating expenses, including related party expenses of $7 in 2024, $5 in 2023 and $5,701 in 2022 $ 189,598 $ 196,696 $ 174,063