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Segment Information (Tables)
6 Months Ended
Jun. 30, 2013
Segment Information  
Schedule of selected results of operations and selected asset information

Selected results of operations for the three and six months ended June 30, 2013 and 2012, and selected asset information as of June 30, 2013 and December 31, 2012, regarding our operating segments are as follows (in thousands):

 

 

 

Real
Estate
Segment

 

Debt and
Preferred
Equity
Segment

 

Total
Company

 

Total revenues

 

 

 

 

 

 

 

Three months ended:

 

 

 

 

 

 

 

June 30, 2013

 

$

318,414

 

$

46,731

 

$

365,145

 

June 30, 2012

 

311,087

 

33,448

 

344,535

 

 

 

 

 

 

 

 

 

Six months ended:

 

 

 

 

 

 

 

June 30, 2013

 

$

631,174

 

$

99,439

 

$

730,613

 

June 30, 2012

 

619,334

 

59,786

 

679,120

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations before equity in net gain on sale of unconsolidated joint venture/real estate

 

 

 

 

 

 

 

Three months ended:

 

 

 

 

 

 

 

June 30, 2013

 

$

(233

)

$

38,047

 

$

37,814

 

June 30, 2012

 

81,011

 

27,013

 

108,024

 

 

 

 

 

 

 

 

 

Six months ended:

 

 

 

 

 

 

 

June 30, 2013

 

$

(15,821

)

$

81,861

 

$

66,040

 

June 30, 2012

 

80,334

 

47,928

 

128,262

 

 

 

 

 

 

 

 

 

Total assets

 

 

 

 

 

 

 

As of:

 

 

 

 

 

 

 

June 30, 2013

 

$

13,163,696

 

$

1,238,229

 

$

14,401,925

 

December 31, 2012

 

13,021,095

 

1,357,890

 

14,378,985

 

 

Schedule of reconciliation of income from continuing operations to net income attributable to SL Green common stockholders

The table below reconciles income from continuing operations to net income attributable to SL Green common stockholders for the three and six months ended June 30, 2013 and 2012 (in thousands):

 

 

 

Three Months Ended
June 30,

 

Six Months Ended
June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before equity in net gain on sale of interest in unconsolidated joint venture/real estate

 

$

37,814

 

$

108,024

 

$

66,040

 

$

128,262

 

Purchase price fair value adjustment

 

(2,305

)

 

(2,305

)

 

Equity in net (loss) gain on sale of interest in unconsolidated joint venture/real estate

 

(3,583

)

9,534

 

(3,583

)

16,794

 

Income from continuing operations

 

31,926

 

117,558

 

60,152

 

145,056

 

Net (loss) income from discontinued operations

 

(678

)

899

 

320

 

1,931

 

Gain on sale of discontinued operations

 

 

 

1,113

 

6,627

 

Net income

 

31,248

 

118,457

 

61,585

 

153,614

 

Net income attributable to noncontrolling interests in the Operating Partnership

 

(244

)

(3,421

)

(799

)

(4,309

)

Net income attributable to noncontrolling interests in other partnerships

 

(3,004

)

(3,887

)

(5,905

)

(4,958

)

Preferred unit distributions

 

(565

)

(565

)

(1,130

)

(962

)

Net income attributable to SL Green

 

27,435

 

110,584

 

53,751

 

143,385

 

Preferred redemption costs

 

(12,160

)

 

(12,160

)

 

Perpetual preferred stock dividends

 

(6,999

)

(7,544

)

(14,406

)

(15,089

)

Net income attributable to SL Green common stockholders

 

$

8,276

 

$

103,040

 

$

27,185

 

$

128,296