Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2020

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Schedule III - Real Estate and Accumulated Depreciation

COLUMN A	COLUMN B		COLUMN C				COLUMN D				COLUMN E						COLUMN F			COLUMN G	COLUMN H	COLUMN I
(Amounts in thousands)																						Life on
																						which
							Costs capitalized															depreciation
							subsequent				Gross amount at which						Accumulated					in latest
			Initial cost to company				to acquisition				carried at close of period						depreciation					income
Description	Encumbrances		Land		Building and improvements		Land		Building and improvements		Land		Building and improvements		Total (1)		and amortization			Date of construction	Date acquired	statement is computed
1633 Broadway	$	1,250,000	$	502,846	$	1,398,341	$	-	$	151,358	$	502,846	$	1,549,699	$	2,052,545	$	(258,683	)	1971	11/2014	5 to 40 Years
1301 Avenue of the Americas		850,000		406,039		1,051,697		-		101,642		406,039		1,153,339		1,559,378		(199,657	)	1963	11/2014	5 to 40 Years
31 West 52nd Street		500,000		221,318		604,994		-		62,997		221,318		667,991		889,309		(107,164	)	1987	11/2014	5 to 40 Years
1325 Avenue of the Americas		-		174,688		370,553		-		61,785		174,688		432,338		607,026		(68,822	)	1989	11/2014	5 to 40 Years
900 Third Avenue		-		103,741		296,031		-		28,335		103,741		324,366		428,107		(56,831	)	1983	11/2014	5 to 40 Years
Total New York		2,600,000		1,408,632		3,721,616		-		406,117		1,408,632		4,127,733		5,536,365		(691,157	)
One Market Plaza		975,000		288,743		988,014		-		95,035		288,743		1,083,049		1,371,792		(187,570	)	1976	11/2014	5 to 40 Years
300 Mission Street		244,434		141,097		343,819		-		40,887		141,097		384,706		525,803		(36,360	)	1968	07/2017	5 to 40 Years
One Front Street		-		127,765		376,919		-		15,046		127,765		391,965		519,730		(47,411	)	1979	12/2016	5 to 40 Years
Total San Francisco		1,219,434		557,605		1,708,752		-		150,968		557,605		1,859,720		2,417,325		(271,341	)
Other		-		-		-		-		9,625		-		9,625		9,625		(4,199	)		11/2014	5 to 40 Years
Total	$	3,819,434	$	1,966,237	$	5,430,368	$	-	$	566,710	$	1,966,237	$	5,997,078	$	7,963,315	$	(966,697	)

⁽¹⁾ The basis of the Company’s assets for tax purposes is approximately $2.4 billion lower than the amount reported for financial statement purposes.

	For the Year Ended December 31,
(Amounts in thousands)	2020			2019			2018
Real Estate:
Beginning balance	$	7,889,885		$	7,793,784		$	7,653,276
Acquisitions		-			-			-
Additions during the year:
Land		-			-			-
Buildings and improvements		82,571			104,408			144,666
Assets sold and written-off		(9,141	)		(8,307	)		(4,158	)
Ending balance	$	7,963,315		$	7,889,885		$	7,793,784
Accumulated Depreciation:
Beginning balance	$	790,216		$	617,974		$	445,328
Additions charged to expense		185,622			180,549			176,804
Accumulated depreciation related    to assets sold and written-off		(9,141	)		(8,307	)		(4,158	)
Ending balance	$	966,697		$	790,216		$	617,974