CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Jun. 30, 2021	Dec. 31, 2020
Real estate, at cost:
Land		$ 1,966,237	$ 1,966,237
Buildings and improvements		6,011,239	5,997,078
Rental property, at cost		7,977,476	7,963,315
Accumulated depreciation and amortization		(1,026,542)	(966,697)
Real estate, net		6,950,934	6,996,618
Cash and cash equivalents		475,289	434,530
Restricted cash		32,552	30,794
Investments in unconsolidated joint ventures		407,564	412,724
Investments in unconsolidated real estate funds		12,979	12,917
Accounts and other receivables		13,366	17,502
Deferred rent receivable		339,874	330,239
Deferred charges, net of accumulated amortization of $62,761 and $56,612		111,275	116,278
Intangible assets, net of accumulated amortization of $245,405 and $283,332		135,764	153,519
Other assets		53,543	48,976
Total assets	[1]	8,533,140	8,554,097
Liabilities and Equity
Notes and mortgages payable, net of unamortized deferred financing costs of $15,105 and $18,695		3,816,759	3,800,739
Revolving credit facility		0	0
Accounts payable and accrued expenses		103,895	101,901
Dividends and distributions payable		16,897	16,796
Intangible liabilities, net of accumulated amortization of $106,086 and $107,981		50,392	55,996
Other liabilities		65,074	62,931
Total liabilities	[1]	4,053,017	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 218,961,870 and 218,817,337 shares in 2021 and 2020, respectively		2,189	2,188
Additional paid-in-capital		4,113,889	4,120,173
Earnings less than distributions		(507,321)	(456,393)
Accumulated other comprehensive loss		(8,478)	(12,791)
Paramount Group, Inc. equity		3,600,279	3,653,177
Noncontrolling interests in:
Consolidated joint ventures		442,428	437,161
Consolidated real estate fund		79,085	79,017
Operating Partnership (21,799,022 and 20,756,618 units outstanding)		358,331	346,379
Total equity		4,480,123	4,515,734
Total liabilities and equity		$ 8,533,140	$ 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 June 30, 2021. As of June 30, 2021, the Operating Partnership includes $4,053,771 and $2,560,820 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 11, Variable Interest Entities (“VIEs”).