CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
Real estate, at cost
Land		$ 2,209,506	$ 2,209,506
Buildings and improvements		6,150,115	6,119,969
Rental property, at cost		8,359,621	8,329,475
Accumulated depreciation and amortization		(534,934)	(487,945)
Real estate, net		7,824,687	7,841,530
Cash and cash equivalents		212,547	219,381
Restricted cash		33,032	31,044
Investments in unconsolidated joint ventures		67,355	44,762
Investments in unconsolidated real estate funds		7,276	7,253
Preferred equity investments, net of allowance of $19,588 and $19,588		35,870	35,817
Marketable securities		24,984	29,039
Accounts and other receivables, net of allowance of $277 and $277		17,036	17,082
Deferred rent receivable		234,758	220,826
Deferred charges, net of accumulated amortization of $22,513 and $19,412		106,415	98,645
Intangible assets, net of accumulated amortization of $216,533 and $200,857		333,983	352,206
Other assets		75,925	20,076
Total assets	[1]	8,973,868	8,917,661
LIABILITIES AND EQUITY
Notes and mortgages payable, net of deferred financing costs of $39,570 and $41,800		3,560,230	3,541,300
Revolving credit facility		0	0
Due to affiliates		27,299	27,299
Accounts payable and accrued expenses		128,625	117,630
Dividends and distributions payable		26,627	25,211
Intangible liabilities, net of accumulated amortization of $79,952 and $75,073		122,673	130,028
Other liabilities		54,344	54,109
Total liabilities	[1]	3,919,798	3,895,577
Commitments and contingencies
Paramount Group, Inc. equity:
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 240,505,886 and 240,427,022 shares in 2018 and 2017, respectively		2,403	2,403
Additional paid-in-capital		4,293,209	4,297,948
Earnings less than distributions		(156,485)	(133,693)
Accumulated other comprehensive income		23,312	10,083
Paramount Group, Inc. equity		4,162,439	4,176,741
Noncontrolling interests in:
Consolidated joint ventures		404,137	404,997
Consolidated real estate fund		51,456	14,549
Operating Partnership (25,307,251 and 24,620,279 units outstanding)		436,038	425,797
Total equity		5,054,070	5,022,084
Total liabilities and equity		$ 8,973,868	$ 8,917,661

[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 90.5% as of March 31, 2018. The assets and liabilities of the Operating Partnership, as of March 31, 2018, include $1,999,929 and $1,269,963 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 11, Variable Interest Entities.