Investments in Unconsolidated Real Estate Funds	12 Months Ended
Dec. 31, 2021
Real Estate Fund [Abstract]
Investments in Unconsolidated Real Estate Funds	5. Investments in Unconsolidated Real Estate Funds We are the general partner and investment manager of Paramount Group Real Estate Fund VIII, LP (“Fund VIII”) and Paramount Group Real Estate Fund X, LP and its parallel fund, Paramount Group Real Estate Fund X-ECI, LP, (collectively “Fund X”), our Alternative Investment Funds, which invest in mortgage and mezzanine loans and preferred equity investments. While Fund VIII’s investment period has ended, Fund X’s investment period ends in December 2025. As of December 31, 2021, Fund X has $192,000,000 of capital committed, of which $80,221,000 has been invested and $32,816,000 has been reserved for future funding. Our ownership interest in Fund VIII and Fund X was approximately 1.3% and 7.8%, respectively, as of December 31, 2021. As of December 31, 2021 and 2020, our share of the investments in the unconsolidated real estate funds aggregated $11,421,000 and $12,917,000, respectively. We recognized income of $782,000 and $272,000 for the years ended December 31, 2021 and 2020, respectively, and loss of $343,000 for the year ended December 31, 2019.

Investments in Unconsolidated Real Estate Funds

12 Months Ended

Dec. 31, 2021

Investments in Unconsolidated Real Estate Funds

5. Investments in Unconsolidated Real Estate Funds

We are the general partner and investment manager of Paramount Group Real Estate Fund VIII, LP (“Fund VIII”) and Paramount Group Real Estate Fund X, LP and its parallel fund, Paramount Group Real Estate Fund X-ECI, LP, (collectively “Fund X”), our Alternative Investment Funds, which invest in mortgage and mezzanine loans and preferred equity investments. While Fund VIII’s investment period has ended, Fund X’s investment period ends in December 2025. As of December 31, 2021, Fund X has $192,000,000 of capital committed, of which $80,221,000 has been invested and $32,816,000 has been reserved for future funding. Our ownership interest in Fund VIII and Fund X was approximately 1.3% and 7.8%, respectively, as of December 31, 2021.

As of December 31, 2021 and 2020, our share of the investments in the unconsolidated real estate funds aggregated $11,421,000 and $12,917,000, respectively. We recognized income of $782,000 and $272,000 for the years ended December 31, 2021 and 2020, respectively, and loss of $343,000 for the year ended December 31, 2019.