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Consolidated Real Estate Related Funds (Tables)
9 Months Ended
Sep. 30, 2023
Real Estate Fund [Abstract]  
Summary of Income from Real Estate Related Fund Investments

The following table sets forth the details of income or loss from real estate related fund investments for the three and nine months ended September 30, 2023.

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

(Amounts in thousands)

September 30, 2023

 

 

September 30, 2023

 

 

Net investment income

$

2,032

 

 

$

9,741

 

 

Net realized losses

 

-

 

 

 

(1,224

)

 

Net unrealized gains (losses)

 

28

 

 

 

(45,551

)

(1)

Income (loss) from real estate related fund
   investments

 

2,060

 

 

 

(37,034

)

 

Less: noncontrolling interests in consolidated
   real estate related funds

 

(1,517

)

 

 

33,056

 

 

Income (loss) from real estate related fund
   investments attributable to Paramount
   Group, Inc.

$

543

 

 

$

(3,978

)

 

 

 

(1)
Primarily represents an unrealized loss on a mezzanine loan investment based on a negotiated transaction price.