Equity (Tables)

3 Months Ended

Mar. 31, 2014

Stockholders' Equity Note Disclosure, Disclosure of Compensation Related Costs, Share-based Payments and Earnings Per Share [Abstract]

Summary of Restricted Stock and Long-Term Incentive Plan Activity

The following is a summary of restricted stock and LTIP unit activity the three months ended March 31, 2014:

	Restricted Stock		LTIP Units	Weighted Average Grant Price
Unvested balance at December 31, 2013	156,978		913,561	$	13.00
Granted	14,120		404,804	14.87
Forfeited	(1,609	)	—	(13.00		)
Unvested balance at March 31, 2014	169,489		1,318,365	$	13.53

Schedule of Earnings Per Share, Basic and Diluted

Earnings per share for the three months ended March 31, 2014 is computed as follows (amounts in thousands):

Numerator:
Net income attributable to Empire State Realty Trust, Inc. - basic and diluted	$	4,369
Denominator:
Weighted average shares outstanding - basic	95,575
Effective of dilutive securities - share-based compensation	42
Weighted average shares outstanding - dilutive	95,617