CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Real estate, at cost
Land		$ 2,065,206	$ 2,209,506
Buildings and improvements		6,036,445	6,119,969
Rental property, at cost		8,101,651	8,329,475
Accumulated depreciation and amortization		(644,639)	(487,945)
Real estate, net		7,457,012	7,841,530
Cash and cash equivalents		339,653	219,381
Restricted cash		25,756	31,044
Investments in unconsolidated joint ventures		78,863	44,762
Investments in unconsolidated real estate funds		10,352	7,253
Preferred equity investments, net of allowance of $0 and $19,588		36,042	35,817
Marketable securities		22,660	29,039
Accounts and other receivables, net of allowance of $593 and $277		20,076	17,082
Deferred rent receivable		267,456	220,826
Deferred charges, net of accumulated amortization of $30,129 and $19,412		117,858	98,645
Intangible assets, net of accumulated amortization of $245,444 and $200,857		270,445	352,206
Other assets		109,805	20,076
Total assets	[1]	8,755,978	8,917,661
LIABILITIES AND EQUITY
Notes and mortgages payable, net of deferred financing costs of $32,883 and $41,800		3,566,917	3,541,300
Revolving credit facility		0	0
Due to affiliates			27,299
Accounts payable and accrued expenses		124,334	117,630
Dividends and distributions payable		25,902	25,211
Intangible liabilities, net of accumulated amortization of $89,200 and $75,073		95,991	130,028
Other liabilities		51,170	54,109
Total liabilities	[1]	3,864,314	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 233,135,704 and 240,427,022 shares in 2018 and 2017, respectively		2,329	2,403
Additional paid-in-capital		4,201,756	4,297,948
Earnings less than distributions		(219,906)	(133,693)
Accumulated other comprehensive income		16,621	10,083
Paramount Group, Inc. equity		4,000,800	4,176,741
Noncontrolling interests in:
Consolidated joint ventures		394,995	404,997
Consolidated real estate fund		66,887	14,549
Operating Partnership (25,127,003 and 24,620,279 units outstanding)		428,982	425,797
Total equity		4,891,664	5,022,084
Total liabilities and equity		$ 8,755,978	$ 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 90.3% as of December 31, 2018. The assets and liabilities of the Operating Partnership, as of December 31, 2018, include $1,982,679 and $1,253,414 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 14, Variable Interest Entities (“VIEs”).