XML 13 R48.htm IDEA: XBRL DOCUMENT v2.4.1.9
Equity - Incentive and Share-based Compensation (Details) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 1 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Feb. 28, 2015
Mar. 31, 2014
Jan. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Expected volatility rate look-back period (in years) 6 years        
Forfeiture rate, percent 0.05esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentotherthanOptionsForfeituresRate        
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Beginning balance, Unvested, Weighted Average Grant Price, per share $ 13.78us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue       $ 13.78us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value $ 14.76us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue        
Granted, Weighted Average Grant Price, per share $ 18.14us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue        
Forfeited, Weighted Average Grant Price, per share $ 13.77us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue        
Ending balance, Unvested, Weighted Average Grant Price, per share $ 14.92us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue        
Age of grantee at which LTIP unit and restricted stock awards immediately vest 60 years        
Period of service, upon completion of which, grantee's LTIP unit and restricted stock awards will immediately vest 10 years        
2013 Plan [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of shares authorized under the plan 12,200,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
/ us-gaap_PlanNameAxis
= esrt_A2013PlanMember
       
Number of shares that remain available for future issuance 10,200,000us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
/ us-gaap_PlanNameAxis
= esrt_A2013PlanMember
       
Long-Term Incentive Plan Unit and Restricted Stock [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period   $ 5.9esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitandRestrictedStockMember
     
Dividend rate 1.90%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitandRestrictedStockMember
       
Risk-free interest rate 0.80%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitandRestrictedStockMember
       
Expected price volatility 24.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitandRestrictedStockMember
       
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted, Weighted Average Grant Price, per share   $ 13.08us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitandRestrictedStockMember
     
Long-Term Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Expected term 3 years        
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Beginning balance, Unvested (in shares) 1,194,660us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitMember
      1,194,660us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitMember
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (50,932)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitMember
       
Granted (in shares) 426,098us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitMember
       
Forfeited (in shares) 0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitMember
       
Ending balance, Unvested (in shares) 1,569,826us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= esrt_LongTermIncentivePlanUnitMember
       
Time Based Long-Tern Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period     0.8esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
   
Award vesting period (in years)     4 years    
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     33,398us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
   
Performance Based Long-Term Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period     0.4esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
   
Award vesting period (in years)     3 years    
Number of Vesting Installments     2esrt_NumberofVestingInstallments
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
   
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     33,398us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
   
Restricted Stock [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Expected term 2 years 10 months 24 days        
Risk-free interest rate 1.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
       
Expected price volatility 29.00%us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
       
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Beginning balance, Unvested (in shares) 102,296us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
      102,296us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period (6,261)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
       
Granted (in shares) 28,630us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
       
Forfeited (in shares) (3,255)us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
       
Ending balance, Unvested (in shares) 121,410us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
       
Performance Restricted Shares [Member]          
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     14,315us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_PerformanceRestrictedSharesMember
   
Time Restricted Shares [Member]          
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     14,315us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_TimeRestrictedSharesMember
   
Awards that Meet Age and Service Requirements for Vesting [Member]          
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Noncash share-based compensation expense recognized 0.5us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_VestingAxis
= esrt_AwardsthatMeetAgeandServiceRequirementsforVestingMember
    0.2us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_VestingAxis
= esrt_AwardsthatMeetAgeandServiceRequirementsforVestingMember
 
Unrecognized compensation expense 0.3us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_VestingAxis
= esrt_AwardsthatMeetAgeandServiceRequirementsforVestingMember
       
Unrecognized compensation expense, period for recognition (in years) 1 year 10 months 24 days        
Awards that Do Not Meet Age and Service Requirements for Vesting [Member]          
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Noncash share-based compensation expense recognized 1.2us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_VestingAxis
= esrt_AwardsthatDoNotMeetAgeandServiceRequirementsforVestingMember
    0.9us-gaap_AllocatedShareBasedCompensationExpense
/ us-gaap_VestingAxis
= esrt_AwardsthatDoNotMeetAgeandServiceRequirementsforVestingMember
 
Unrecognized compensation expense 13.6us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
/ us-gaap_VestingAxis
= esrt_AwardsthatDoNotMeetAgeandServiceRequirementsforVestingMember
       
Unrecognized compensation expense, period for recognition (in years) 3 years        
Director [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Forfeiture rate, percent 0.00esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentotherthanOptionsForfeituresRate
/ us-gaap_TitleOfIndividualAxis
= us-gaap_DirectorMember
       
Director [Member] | Time Based Long-Tern Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period         0.2esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_DirectorMember
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)         9,531us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_DirectorMember
Executive Officer [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Forfeiture rate, percent 0.00esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentotherthanOptionsForfeituresRate
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
       
Executive Officer [Member] | 2013 Plan Units Vesting January 2015 [Member] | Time Based Long-Tern Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period     2.9esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingJanuary2018Member
   
Award vesting period (in years)     4 years    
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     168,033us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingJanuary2018Member
   
Executive Officer [Member] | 2013 Plan Units Vesting January 2015 [Member] | Performance Based Long-Term Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period     1.3esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingJanuary2018Member
   
Award vesting period (in years)     3 years    
Number of Vesting Installments     2esrt_NumberofVestingInstallments
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingJanuary2018Member
   
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     154,266us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingJanuary2018Member
   
Executive Officer [Member] | 2013 Plan Units Vesting February 2015 [Member] | Time Based Long-Tern Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period     0.2esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingFebruary2018Member
   
Award vesting period (in years)     4 years    
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     13,736us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_TimeBasedLongTernIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingFebruary2018Member
   
Executive Officer [Member] | 2013 Plan Units Vesting February 2015 [Member] | Performance Based Long-Term Incentive Plan Unit [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of share-based awards granted in period     $ 0.1esrt_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsGrantedinPeriodFairValue
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingFebruary2018Member
   
Award vesting period (in years)     3 years    
Number of Vesting Installments     2esrt_NumberofVestingInstallments
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingFebruary2018Member
   
Restricted Stock and LTIP Unit Activity [Roll Forward]          
Granted (in shares)     13,736us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= esrt_PerformanceBasedLongTermIncentivePlanUnitMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ExecutiveOfficerMember
/ us-gaap_VestingAxis
= esrt_A2013PlanUnitsVestingFebruary2018Member