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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Commercial real estate properties, at cost:    
Land $ 336,278 $ 336,278
Development costs 8,162 8,131
Building and improvements 3,190,927 3,156,508
Commercial real estate properties, at cost 3,535,367 3,500,917
Less: accumulated depreciation (1,124,090) (1,072,938)
Commercial real estate properties, net 2,411,277 2,427,979
Cash and cash equivalents 429,716 423,695
Restricted cash 52,951 50,943
Tenant and other receivables 17,800 18,647
Deferred rent receivables 226,565 224,922
Prepaid expenses and other assets 52,152 76,549
Deferred costs, net 197,602 202,437
Acquired below-market ground leases, net 334,946 336,904
Right of use assets 28,842 28,892
Goodwill 491,479 491,479
Total assets 4,243,330 4,282,447
Liabilities:    
Mortgage notes payable, net 947,479 948,769
Senior unsecured notes, net 973,426 973,373
Unsecured term loan facilities, net 388,365 388,223
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 108,077 120,810
Acquired below-market leases, net 22,459 24,941
Ground lease liabilities 28,842 28,892
Deferred revenue and other liabilities 84,380 84,358
Tenants’ security deposits 28,270 28,749
Total liabilities 2,581,298 2,598,115
Commitments and contingencies
Empire State Realty Trust, Inc. stockholders' equity:    
Preferred stock, $0.01 par value, 50,000 shares authorized, none issued or outstanding 0 0
Additional paid-in capital 1,119,201 1,150,884
Accumulated other comprehensive loss (12,730) (20,848)
Retained deficit (129,747) (133,610)
Total Empire State Realty Trust, Inc. stockholders' equity 978,421 998,128
Non-controlling interests in the Operating Partnership 640,258 643,012
Non-controlling interests in other partnerships 13,413 13,252
Private perpetual preferred units:    
Total equity 1,662,032 1,684,332
Total liabilities and equity 4,243,330 4,282,447
Class A Common Stock    
Empire State Realty Trust, Inc. stockholders' equity:    
Common stock 1,687 1,692
Class B Common Stock    
Empire State Realty Trust, Inc. stockholders' equity:    
Common stock 10 10
Private Perpetual Preferred Units, Series 2019    
Private perpetual preferred units:    
Private perpetual preferred units 21,936 21,936
Private Perpetual Preferred Units, Series 2014    
Private perpetual preferred units:    
Private perpetual preferred units $ 8,004 $ 8,004