CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Rental property, at cost
Land		$ 2,091,535	$ 2,091,535
Buildings and improvements		5,765,748	5,757,558
Rental property, at cost		7,857,283	7,849,093
Accumulated depreciation and amortization		(359,583)	(318,161)
Rental property, net		7,497,700	7,530,932
Cash and cash equivalents		125,734	162,965
Restricted cash		75,198	29,374
Investments in unconsolidated joint ventures		35,959	6,411
Investments in unconsolidated real estate funds		23,913	28,173
Preferred equity investments		55,294	55,051
Marketable securities		25,617	22,393
Accounts and other receivables, net of allowance of $202 and $202		12,564	15,251
Deferred rent receivable		184,571	163,695
Deferred charges, net of accumulated amortization of $11,900 and $9,832		72,796	71,184
Intangible assets, net of accumulated amortization of $171,221 and $166,841		389,588	412,225
Assets held for sale		346,685	346,685
Other assets		39,895	22,829
Total assets	[1]	8,885,514	8,867,168
LIABILITIES AND EQUITY
Notes and mortgages payable, net of deferred financing costs of $48,481 and $43,281		3,477,798	3,364,898
Revolving credit facility		200,000	230,000
Due to affiliates		27,299	27,299
Accounts payable and accrued expenses		88,250	103,896
Dividends and distributions payable		25,207	25,151
Deferred income taxes		1,276	1,467
Interest rate swap liabilities		0	22,446
Intangible liabilities, net of accumulated amortization of $58,536 and $55,349		145,138	153,018
Other liabilities		75,188	53,046
Total liabilities	[1]	4,040,156	3,981,221
Commitments and contingencies
Paramount Group, Inc. equity:
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 231,379,820 and 230,015,356 shares in 2017 and 2016, respectively		2,313	2,300
Additional paid-in-capital		4,139,423	4,116,987
Earnings less than distributions		(151,417)	(129,654)
Accumulated other comprehensive income		3,696	372
Paramount Group, Inc. equity		3,994,015	3,990,005
Noncontrolling interests in:
Consolidated real estate fund		67,205	64,793
Consolidated joint ventures		228,039	253,788
Operating Partnership (33,631,382 and 34,511,214 units outstanding)		556,099	577,361
Total equity		4,845,358	4,885,947
Total liabilities and equity		$ 8,885,514	$ 8,867,168

[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 87.3%. As of March 31, 2017, the assets and liabilities of the Operating Partnership include $1,541,463 and $1,043,902 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 12, Variable Interest Entities.