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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Rental revenue, net $ 680,105 $ 605,999 $ 683,335
SUMMIT Operator revenue 122,344 133,214 118,260
Investment income 29,377 24,353 34,705
Interest income from real estate loans held by consolidated securitization vehicles 62,734 18,980 0
Other income 108,486 103,726 77,410
Total revenues 1,003,046 886,272 913,710
Expenses      
Operating expenses, including related party expenses of $9 in 2025, $7 in 2024 and $5 in 2023 226,099 189,598 196,696
Real estate taxes 155,023 128,187 143,757
Operating lease rent 24,423 24,423 27,292
SUMMIT Operator expenses 116,364 111,739 101,211
Interest expense, net of interest income 187,656 147,220 137,114
Amortization of deferred financing costs 7,054 6,619 7,837
SUMMIT Operator tax expense 3,259 730 9,201
Interest expense on senior obligations of consolidated securitization vehicles 60,693 14,634 0
Depreciation and amortization 255,713 207,443 247,810
Loan loss and other investment reserves, net of recoveries (71,326) 0 6,890
Transaction related costs 13,942 401 1,099
Marketing, general and administrative 89,310 85,187 111,389
Total expenses 1,068,210 916,181 990,296
Equity in net loss from unconsolidated joint ventures (56,143) (179,695) (76,509)
Loss from debt fund investments, net (1,446) 0 0
Equity in net gain (loss) on sale of interest in unconsolidated joint venture/real estate 86,068 208,144 (13,368)
Purchase price and other fair value adjustments (36,233) 88,966 (17,260)
(Loss) gain on sale of real estate, net (2,143) 3,025 (32,370)
Depreciable real estate reserves and impairments (32,092) (104,071) (382,374)
Gain on sale of marketable securities 10,232 0 0
Gain (loss) on early extinguishment of debt 0 43,762 (870)
Net (loss) income (96,921) 30,222 (599,337)
Perpetual preferred stock dividends (14,950) (14,950) (14,950)
Net (loss) income attributable to SL Green common stockholders (111,860) 7,060 (579,509)
Net loss attributable to noncontrolling interests:      
Noncontrolling interests in the Operating Partnership 7,673 (497) 37,465
Noncontrolling interests in other partnerships (971) (928) (4,568)
Preferred units distributions (8,633) (8,643) (7,255)
Net (loss) income attributable to SL Green $ (96,910) $ 22,010 $ (564,559)
Basic earnings (loss) per share (in dollars per share) $ (1.61) $ 0.08 $ (9.12)
Diluted earnings (loss) per share (in dollars per share) $ (1.61) $ 0.08 $ (9.12)
Basic weighted average common shares outstanding (in shares) 70,443 65,062 63,809
Diluted weighted average common shares and common share equivalents outstanding (in shares) 70,443 65,688 67,972