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Investments in Unconsolidated Joint Ventures - Summary of Financial Information of Unconsolidated Joint Ventures (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Schedule Of Equity Method Investments [Line Items]      
Total assets $ 8,453,254 [1] $ 8,494,562 [1] $ 8,554,097
Total liabilities [1] 4,042,488 4,039,530  
Equity 3,592,291 3,588,163  
Total liabilities and equity 8,453,254 8,494,562  
Rental revenue 702,819 690,418 679,015
Other income 9,137 7,895 7,152
Total revenues 740,377 726,786 714,237
Operating 277,422 265,438 267,587
Depreciation and amortization 232,517 232,487 235,200
Total expenses 569,896 557,973 568,800
Interest and other income, net 5,174 3,017 4,490
Interest and debt expense (143,864) (142,014) (144,208)
Loss before income taxes (24,932) 5,702 (12,628)
Income tax expense (3,265) (3,643) (1,493)
Net loss attributable to common stockholders (36,403) (20,354) (24,704)
Unconsolidated Joint Ventures [Member]      
Schedule Of Equity Method Investments [Line Items]      
Real estate, net 2,377,084 2,246,152  
Cash and cash equivalents and restricted cash 252,540 216,910  
Intangible assets, net 69,599 58,590  
For-sale residential condominium units [2] 322,232 359,638  
Other assets 87,054 46,646  
Total assets 3,108,509 2,927,936  
Notes and mortgages payable, net 1,834,916 1,791,404  
Intangible liabilities, net 10,972 18,397  
Other liabilities 50,783 61,097  
Total liabilities 1,896,671 1,870,898  
Equity 1,211,838 1,057,038  
Total liabilities and equity 3,108,509 2,927,936  
Rental revenue 194,031 229,420 243,713
Other income 65,850 [3] 139,705 [3] 2,828
Total revenues 259,881 369,125 246,541
Operating 152,313 [3] 220,396 [3] 109,114
Depreciation and amortization 85,949 107,079 117,640
Total expenses 238,262 327,475 226,754
Interest and other income, net 991 (111) (36)
Interest and debt expense (62,173) (63,493) (58,239)
Real estate impairment loss [4] (64,663)    
Loss before income taxes (104,226) (21,954) (38,488)
Income tax expense (60) (32) (47)
Net loss attributable to common stockholders $ (104,286) $ (21,986) $ (38,535)
[1] Represents the consolidated assets and liabilities of Paramount Group Operating Partnership LP, a Delaware limited partnership (the “Operating Partnership”). The Operating Partnership is a consolidated variable interest entity (“VIE”), of which we are the sole general partner and own approximately 93.7% as of December 31, 2022. As of December 31, 2022, the assets and liabilities of the Operating Partnership include $4,013,461 and $2,579,381 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 13, Variable Interest Entities (“VIEs”).
[2] Represents the cost of residential condominium units at One Steuart Lane that are available for sale
[3] Includes proceeds and cost of sales from the sale of residential condominium units at One Steuart Lane.
[4] Represents a real estate impairment loss on 111 Sutter Street, of which our share is $31,685.