v3.25.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Deferred charges, accumulated amortization $ 95,811 $ 91,818
Intangible assets, accumulated amortization 150,642 147,133
Notes and mortgages payable, deferred financing costs 13,157 15,420
Intangible liabilities, accumulated amortization $ 95,317 $ 93,748
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 900,000,000 900,000,000
Common stock, shares issued 219,225,083 217,527,797
Common stock, shares outstanding 219,225,083 217,527,797
Operating partnership, units outstanding 18,784,741 20,057,699
Total assets [1] $ 7,947,478 $ 7,871,503
Total liabilities [1] 3,846,547 3,862,006
Variable Interest Entities [Member]    
Total assets 4,208,677 3,834,072
Total liabilities $ 2,397,164 $ 2,393,672
Variable Interest Entities [Member] | Paramount Group Operating Partnership [Member]    
Percentage of ownership in operating partnership 92.10%  
[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 92.1% as of March 31, 2025. As of March 31, 2025, the assets and liabilities of the Operating Partnership include $4,208,677 and $2,397,164 of assets and liabilities, respectively, of certain VIEs that are consolidated by the Operating Partnership. See Note 13, Variable Interest Entities (VIEs).