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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Rental revenue, net $ 186,876 $ 163,019
SUMMIT Operator revenue 24,142 22,534
Investment income 2,346 16,114
Interest income from real estate loans held by consolidated securitization vehicles 14,649 15,981
Fee income 20,006 12,275
Other income 5,061 9,923
Total revenues 253,080 239,846
Expenses    
Operating expenses, including related party expenses of $2 in 2026 and $3 in 2025 61,457 56,062
Real estate taxes 41,912 37,217
Operating lease rent 6,944 6,106
SUMMIT Operator expenses 24,942 21,764
Interest expense, net of interest income 50,909 45,681
Amortization of deferred financing costs 2,802 1,687
SUMMIT Operator tax expense (benefit) 585 (45)
Interest expense on senior obligations of consolidated securitization vehicles 14,649 13,972
Depreciation and amortization 69,751 64,498
Loan loss and other investment reserves, net of recoveries 0 (25,039)
Transaction related costs 284 295
Marketing, general and administrative 22,786 21,724
Total expenses 297,021 243,922
Equity in net (loss) income from unconsolidated joint ventures (20,780) 1,170
Income from debt fund investments, net 2,478 0
Equity in net loss on sale of interest in unconsolidated joint venture/real estate (814) 0
Purchase price and other fair value adjustments 4,183 (9,611)
Gain (loss) on sale of real estate, net 16,636 (482)
Depreciable real estate reserves and impairments (35,160) (8,546)
Net loss (77,398) (21,545)
Net (income) loss attributable to noncontrolling interests:    
Noncontrolling interests in the Operating Partnership 6,678 1,465
Noncontrolling interests in other partnerships (7,734) 4,897
Preferred units distributions (2,199) (2,154)
Net loss attributable to SL Green (80,653) (17,337)
Perpetual preferred stock dividends (3,738) (3,738)
Net loss attributable to SL Green common stockholders $ (84,391) $ (21,075)
Basic loss per share (in dollars per share) $ (1.20) $ (0.30)
Diluted loss per share (in dollars per share) $ (1.20) $ (0.30)
Basic weighted average common shares outstanding (in shares) 70,687 70,424
Diluted weighted average common shares and common share equivalents outstanding (in shares) 70,687 70,424