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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Commercial real estate properties, at cost:    
Land $ 334,598 $ 336,278
Development costs 8,162 8,131
Building and improvements 3,193,137 3,156,508
Commercial real estate properties, at cost 3,535,897 3,500,917
Less: accumulated depreciation (1,137,231) (1,072,938)
Commercial real estate properties, net 2,398,666 2,427,979
Cash and cash equivalents 359,424 423,695
Restricted cash 53,335 50,943
Tenant and other receivables 43,672 18,647
Deferred rent receivables 233,194 224,922
Prepaid expenses and other assets 82,256 76,549
Deferred costs, net 193,436 202,437
Acquired below-market ground leases, net 332,988 336,904
Right of use assets 28,781 28,892
Goodwill 491,479 491,479
Total assets 4,217,231 4,282,447
Liabilities:    
Mortgage notes payable, net 916,657 948,769
Senior unsecured notes, net 973,555 973,373
Unsecured term loan facilities, net 388,507 388,223
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 113,837 120,810
Acquired below-market leases, net 20,178 24,941
Ground lease liabilities 28,781 28,892
Deferred revenue and other liabilities 80,008 84,358
Tenants’ security deposits 29,615 28,749
Total liabilities 2,551,138 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 1,076,854 1,150,884
Accumulated other comprehensive loss (5,827) (20,848)
Retained deficit (114,860) (133,610)
Total Empire State Realty Trust, Inc. stockholders' equity 957,803 998,128
Non-controlling interests in the Operating Partnership 663,469 643,012
Non-controlling interests in other partnerships 14,881 13,252
Private perpetual preferred units:    
Total equity 1,666,093 1,684,332
Total liabilities and equity 4,217,231 4,282,447
Class A Common Stock    
Empire State Realty Trust, Inc. stockholders' equity:    
Common stock 1,626 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