XML 46 R36.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Real Estate Related Funds (Tables)
12 Months Ended
Dec. 31, 2023
Real Estate Fund [Abstract]  
Summary of Loss 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 year ended December 31, 2023 and the period from December 12, 2022 to December 31, 2022.

 

 

 

 

 

Period from

 

 

 

For the Year Ended

 

 

December 12, 2022 to

 

 

(Amounts in thousands)

December 31, 2023

 

 

December 31, 2022

 

 

Net investment income

$

11,347

 

 

$

394

 

 

Net realized losses

 

(46,894

)

 

 

-

 

 

Net unrealized losses

 

(60,828

)

 

 

-

 

 

Loss recognized upon consolidation of real estate related
   fund investments that were previously unconsolidated

 

-

 

 

 

(2,627

)

 

Loss from real estate related fund investments

 

(96,375

)

 

 

(2,233

)

 

Less: noncontrolling interests in consolidated real estate related fund

 

84,784

 

 

 

(420

)

 

Loss from real estate related fund investments attributable
   to Paramount Group, Inc.

$

(11,591

)

 

$

(2,653

)