CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
Real estate, at cost
Land		$ 2,002,425	$ 2,065,206
Buildings and improvements		5,981,711	6,036,445
Rental property, at cost		7,984,136	8,101,651
Accumulated depreciation and amortization		(790,216)	(644,639)
Real estate, net		7,193,920	7,457,012
Cash and cash equivalents		306,215	339,653
Restricted cash		25,272	25,756
Investments in unconsolidated joint ventures		449,180	78,863
Investments in unconsolidated real estate funds		10,317	10,352
Preferred equity investments			36,042
Accounts and other receivables, net of allowance of $593 in 2018		19,231	20,076
Due from affiliates		36,918
Deferred rent receivable		305,794	267,456
Deferred charges, net of accumulated amortization of $42,670 and $30,129		127,171	117,858
Intangible assets, net of accumulated amortization of $270,913 and $245,444		208,744	270,445
Other assets		51,373	132,465
Total assets	[1]	8,734,135	8,755,978
Liabilities and Equity
Notes and mortgages payable, net of deferred financing costs of $25,792 and $32,883		3,783,851	3,566,917
Revolving credit facility		36,918	0
Accounts payable and accrued expenses		117,356	124,334
Dividends and distributions payable		25,255	25,902
Intangible liabilities, net of accumulated amortization of $100,881 and $89,200		73,789	95,991
Other liabilities		66,004	51,170
Total liabilities	[1]	4,103,173	3,864,314
Commitments and contingencies
Paramount Group, Inc. equity:
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 227,432,030 and 233,135,704 shares in 2019 and 2018, respectively		2,274	2,329
Additional paid-in-capital		4,133,184	4,201,756
Earnings less than distributions		(349,557)	(219,906)
Accumulated other comprehensive (loss) income		(171)	16,621
Paramount Group, Inc. equity		3,785,730	4,000,800
Noncontrolling interests in:
Consolidated joint ventures		360,778	394,995
Consolidated real estate fund		72,396	66,887
Operating Partnership (24,758,472 and 25,127,003 units outstanding)		412,058	428,982
Total equity		4,630,962	4,891,664
Total liabilities and equity		$ 8,734,135	$ 8,755,978

[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 90.2% as of December 31, 2019. The assets and liabilities of the Operating Partnership, as of December 31, 2019, include $1,959,266 and $1,273,464 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 13, Variable Interest Entities (“VIEs”).}