CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Real estate, at cost
Land		$ 2,186,006	$ 2,209,506
Buildings and improvements		6,132,725	6,119,969
Rental property, at cost		8,318,731	8,329,475
Accumulated depreciation and amortization		(566,164)	(487,945)
Real estate, net		7,752,567	7,841,530
Cash and cash equivalents		233,530	219,381
Restricted cash		32,755	31,044
Investments in unconsolidated joint ventures		67,823	44,762
Investments in unconsolidated real estate funds		9,292	7,253
Preferred equity investments, net of allowance of $0 and $19,588		35,925	35,817
Marketable securities		25,913	29,039
Accounts and other receivables, net of allowance of $451 and $277		15,549	17,082
Deferred rent receivable		252,140	220,826
Deferred charges, net of accumulated amortization of $25,232 and $19,412		116,147	98,645
Intangible assets, net of accumulated amortization of $226,131 and $200,857		316,451	352,206
Other assets		57,821	20,076
Total assets	[1]	8,915,913	8,917,661
LIABILITIES AND EQUITY
Notes and mortgages payable, net of deferred financing costs of $37,341 and $41,800		3,562,459	3,541,300
Revolving credit facility		0	0
Due to affiliates		27,299	27,299
Accounts payable and accrued expenses		123,720	117,630
Dividends and distributions payable		26,621	25,211
Intangible liabilities, net of accumulated amortization of $85,673 and $75,073		115,559	130,028
Other liabilities		54,507	54,109
Total liabilities	[1]	3,910,165	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 240,529,397 and 240,427,022 shares in 2018 and 2017, respectively		2,403	2,403
Additional paid-in-capital		4,297,823	4,297,948
Earnings less than distributions		(215,353)	(133,693)
Accumulated other comprehensive income		28,647	10,083
Paramount Group, Inc. equity		4,113,520	4,176,741
Noncontrolling interests in:
Consolidated joint ventures		403,686	404,997
Consolidated real estate fund		57,816	14,549
Operating Partnership (25,300,324 and 24,620,279 units outstanding)		430,726	425,797
Total equity		5,005,748	5,022,084
Total liabilities and equity		$ 8,915,913	$ 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 June 30, 2018. The assets and liabilities of the Operating Partnership, as of June 30, 2018, include $2,001,880 and $1,265,423 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 12, Variable Interest Entities.