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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Commercial real estate properties, at cost:    
Land $ 366,364 $ 365,540
Development costs 8,178 8,166
Building and improvements 3,245,555 3,177,743
Commercial real estate properties, at cost 3,620,097 3,551,449
Less: accumulated depreciation (1,217,967) (1,137,267)
Commercial real estate properties, net 2,402,130 2,414,182
Assets held for sale 0 35,538
Cash and cash equivalents 353,999 264,434
Restricted cash 66,954 50,244
Tenant and other receivables 37,651 24,102
Deferred rent receivables 254,233 240,188
Prepaid expenses and other assets 82,918 98,114
Deferred costs, net 175,488 187,570
Acquired below-market ground leases, net 323,199 329,073
Right of use assets 28,496 28,670
Goodwill 491,479 491,479
Total assets 4,216,547 4,163,594
Liabilities:    
Mortgage notes payable, net 878,757 883,705
Senior unsecured notes, net 973,819 973,659
Unsecured term loan facilities, net 389,158 388,773
Unsecured revolving credit facility 0 0
Accounts payable and accrued expenses 83,299 80,729
Acquired below-market leases, net 14,703 17,849
Ground lease liabilities 28,496 28,670
Deferred revenue and other liabilities 75,688 76,091
Tenants’ security deposits 39,307 25,084
Liabilities related to assets held for sale 0 5,943
Total liabilities 2,483,227 2,480,503
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 1,058,537 1,055,184
Accumulated other comprehensive income 13,438 7,048
Retained deficit (86,515) (109,468)
Total Empire State Realty Trust, Inc. stockholders' equity 987,083 954,375
Non-controlling interests in the Operating Partnership 700,191 683,310
Non-controlling interests in other partnerships 16,106 15,466
Private perpetual preferred units:    
Total equity 1,733,320 1,683,091
Total liabilities and equity 4,216,547 4,163,594
Class A Common Stock    
Empire State Realty Trust, Inc. stockholders' equity:    
Common stock 1,613 1,601
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