CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Mar. 31, 2021	Dec. 31, 2020
Real estate, at cost:
Land		$ 1,966,237	$ 1,966,237
Buildings and improvements		6,013,345	5,997,078
Rental property, at cost		7,979,582	7,963,315
Accumulated depreciation and amortization		(1,012,213)	(966,697)
Real estate, net		6,967,369	6,996,618
Cash and cash equivalents		464,652	434,530
Restricted cash		23,588	30,794
Investments in unconsolidated joint ventures		411,790	412,724
Investments in unconsolidated real estate funds		12,961	12,917
Accounts and other receivables		12,653	17,502
Deferred rent receivable		337,523	330,239
Deferred charges, net of accumulated amortization of $58,818 and $56,612		111,730	116,278
Intangible assets, net of accumulated amortization of $251,569 and $283,332		144,161	153,519
Other assets		85,521	48,976
Total assets	[1]	8,571,948	8,554,097
Liabilities and Equity
Notes and mortgages payable, net of unamortized deferred financing costs of $16,902 and $18,695		3,814,962	3,800,739
Revolving credit facility		0	0
Accounts payable and accrued expenses		117,260	101,901
Dividends and distributions payable		16,889	16,796
Intangible liabilities, net of accumulated amortization of $109,233 and $107,981		53,004	55,996
Other liabilities		63,898	62,931
Total liabilities	[1]	4,066,013	4,038,363
Commitments and contingencies
Paramount Group, Inc. equity:
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 218,950,596 and 218,817,337 shares in 2021 and 2020, respectively		2,189	2,188
Additional paid-in-capital		4,111,144	4,120,173
Earnings less than distributions		(476,051)	(456,393)
Accumulated other comprehensive loss		(8,809)	(12,791)
Paramount Group, Inc. equity		3,628,473	3,653,177
Noncontrolling interests in:
Consolidated joint ventures		438,937	437,161
Consolidated real estate fund		79,114	79,017
Operating Partnership (21,694,009 and 20,756,618 units outstanding)		359,411	346,379
Total equity		4,505,935	4,515,734
Total liabilities and equity		$ 8,571,948	$ 8,554,097

[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 91.0% as of March 31, 2021. As of March 31, 2021, the Operating Partnership includes $4,058,855 and $2,574,276 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 11, Variable Interest Entities (“VIEs”).