CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
Rental property, at cost
Land		$ 2,091,535	$ 2,042,071
Buildings and improvements		5,757,558	5,610,046
Rental property, at cost		7,849,093	7,652,117
Accumulated depreciation and amortization		(318,161)	(243,089)
Rental property, net		7,530,932	7,409,028
Cash and cash equivalents		162,965	143,884
Restricted cash		29,374	41,823
Real estate fund investments			416,438
Investments in unconsolidated real estate funds		28,173
Investments in unconsolidated joint ventures		6,411	7,102
Preferred equity investments		55,051	53,941
Marketable securities		22,393	21,521
Deferred rent receivable		163,695	77,792
Accounts and other receivables, net of allowance of $202 and $365		15,251	10,844
Deferred charges, net of accumulated amortization of $9,832 and $14,204		71,184	74,991
Intangible assets, net of accumulated amortization of $166,841 and $143,987		412,225	511,207
Assets held for sale		346,685
Other assets		22,829	6,658
Total assets	[1]	8,867,168	8,775,229
LIABILITIES AND EQUITY
Notes and mortgages payable, net of deferred financing costs of $43,281 and $18,914		3,364,898	2,922,610
Revolving credit facility		230,000	20,000
Due to affiliates		27,299	27,299
Loans payable to noncontrolling interests			45,662
Accounts payable and accrued expenses		103,896	102,730
Dividends and distributions payable		25,151	25,067
Deferred income taxes		1,467	2,533
Interest rate swap liabilities		22,446	93,936
Intangible liabilities, net of accumulated amortization of $55,349 and $41,931		153,018	179,741
Other liabilities		53,046	45,101
Total liabilities	[1]	3,981,221	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 230,015,356 and 212,112,137 shares in 2016 and 2015, respectively		2,300	2,122
Additional paid-in-capital		4,116,987	3,802,858
Earnings less than distributions		(129,654)	(36,120)
Accumulated other comprehensive income (loss)		372	(7,843)
Paramount Group, Inc. equity		3,990,005	3,761,017
Noncontrolling interests in:
Consolidated real estate funds		64,793	414,637
Consolidated joint ventures		253,788	236,849
Operating Partnership (34,511,214 and 51,660,088 units outstanding)		577,361	898,047
Total equity		4,885,947	5,310,550
Total liabilities and equity		$ 8,867,168	$ 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 87.0%. As of December 31, 2016, the assets and liabilities of the Operating Partnership include $1,514,292 and $970,473, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 13, Variable Interest Entities.