XML 42 R42.htm IDEA: XBRL DOCUMENT v2.4.1.9
Acquisitions Schedule of allocation of the purchase price for assets and liabilities acquired (Details) (USD $)
In Thousands, unless otherwise specified
0 Months Ended
Jul. 15, 2014
Oct. 06, 2013
Dec. 31, 2014
Dec. 31, 2013
Net assets acquired:        
Building and improvements $ 354,429esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsandImprovements      
Acquired below-market ground leases 334,178esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredBelowMarketGroundLeases      
Acquired above-market leases 13,088esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredAboveMarketLeases      
Acquired in place lease value and deferred leasing costs 88,374esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredinPlaceLeaseValueandDeferredLeasingCosts      
Goodwill     491,479us-gaap_Goodwill 491,479us-gaap_Goodwill
Mortgage notes payable (182,851)esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLongtermDebt      
Acquired below-market leases (36,553)esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredBelowMarketLeases      
Other liabilities, net of other assets (4,749)esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherLiabilitiesNetofOtherAssets      
Total Acquisitions [Member]        
Consideration paid:        
Cash and issuance of Class A Common Stock, Class B Common Stock, and OP units 565,916esrt_BusinessCombinationConsiderationTransferredCashandEquityInterestsIssuedandIssuable
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
1,047,487esrt_BusinessCombinationConsiderationTransferredCashandEquityInterestsIssuedandIssuable
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Debt assumed 167,684us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
124,354us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Total consideration paid 733,600us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
1,171,841us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Net assets acquired:        
Land   91,435us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Building and improvements   516,344esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsandImprovements
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Acquired below-market ground leases   62,738esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredBelowMarketGroundLeases
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Acquired above-market leases   72,123esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredAboveMarketLeases
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Acquired in place lease value and deferred leasing costs   186,415esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredinPlaceLeaseValueandDeferredLeasingCosts
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Goodwill   491,479us-gaap_Goodwill
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Other assets, net of other liabilities   6,061esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssetsNetofOtherLiabilities
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Mortgage notes payable   (136,226)esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLongtermDebt
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Acquired below-market leases   (134,651)esrt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAcquiredBelowMarketLeases
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Total net assets acquired 565,916us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
1,155,718us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Business Combination, Bargain Purchase [Abstract]        
Total   108,231us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_BusinessAcquisitionAxis
= esrt_TotalAcquisitionsMember
   
Leasehold Positions [Member]        
Business Combination, Bargain Purchase [Abstract]        
Total   35,147us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_BusinessAcquisitionAxis
= esrt_LeaseholdPositionsMember
   
1333 Broadway Associates [Member]        
Business Combination, Bargain Purchase [Abstract]        
Total   40,962us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_BusinessAcquisitionAxis
= esrt_Location1333BroadwayAssociatesMember
   
1350 Broadway Associates [Member]        
Business Combination, Bargain Purchase [Abstract]        
Total   $ 32,122us-gaap_BusinessCombinationBargainPurchaseGainRecognizedAmount
/ us-gaap_BusinessAcquisitionAxis
= esrt_Location1350BroadwayAssociatesMember