CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Sep. 30, 2016	Dec. 31, 2015
Rental property, at cost
Land		$ 2,042,071	$ 2,042,071
Buildings and improvements		5,691,354	5,610,046
Rental property, at cost		7,733,425	7,652,117
Accumulated depreciation and amortization		(363,104)	(243,089)
Rental property, net		7,370,321	7,409,028
Cash and cash equivalents		83,281	143,884
Restricted cash		30,304	41,823
Real estate fund investments			416,438
Investments in unconsolidated real estate funds		25,521
Investments in unconsolidated joint ventures		6,550	7,102
Preferred equity investments		54,807	53,941
Marketable securities		22,011	21,521
Deferred rent receivable		150,539	77,792
Accounts and other receivables, net of allowance of $202 and $365		12,185	10,844
Deferred charges, net of accumulated amortization of $19,518 and $14,204		81,672	74,991
Intangible assets, net of accumulated amortization of $160,956 and $143,987		406,186	511,207
Other assets		96,671	6,658
Total assets	[1]	8,340,048	8,775,229
LIABILITIES AND EQUITY
Notes and mortgages payable, net of deferred financing costs of $22,552 and $18,914		3,016,597	2,922,610
Revolving credit facility		50,000	20,000
Due to affiliates		27,299	27,299
Loans payable to noncontrolling interests			45,662
Accounts payable and accrued expenses		85,947	102,730
Dividends and distributions payable		25,151	25,067
Deferred income taxes		246	2,533
Interest rate swap liabilities		82,046	93,936
Intangible liabilities, net of accumulated amortization of $55,219 and $41,931		144,197	179,741
Other liabilities		46,275	45,101
Total liabilities	[1]	3,477,758	3,464,679
Commitments and contingencies
Paramount Group, Inc. equity:
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 219,611,535 and 212,112,137 shares in 2016 and 2015, respectively		2,196	2,122
Additional paid-in-capital		3,930,549	3,802,858
Earnings less than distributions		(101,327)	(36,120)
Accumulated other comprehensive loss		(35,092)	(7,843)
Paramount Group, Inc. equity		3,796,326	3,761,017
Noncontrolling interests in:
Consolidated real estate funds		62,790	414,637
Consolidated joint ventures		244,234	236,849
Operating Partnership (44,916,828 and 51,660,088 units outstanding)		758,940	898,047
Total equity		4,862,290	5,310,550
Total liabilities and equity		$ 8,340,048	$ 8,775,229

[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 83.0%. As of September 30, 2016, the assets and liabilities of the Operating Partnership include $1,499,909 and $976,505 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 12, Variable Interest Entities.