v3.25.2
Condensed Consolidated Statements of Capital - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2025
Apr. 30, 2025
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance   $ 1,785,875 $ 1,785,875 $ 1,724,734 $ 1,781,962 $ 1,731,045
Conversion of operating partnership units to ESRT Partner's Capital     0 0 0 0
Repurchases of common units (in shares) 0 (310,415)        
Repurchases of common units     (2,148) 0 (2,148) 0
Acquisition of non-controlling interests in other partnerships           (15,297)
Equity compensation     6,898 6,388 10,981 9,837
Distributions     (10,806) (10,647) (21,589) (21,199)
Net income     11,385 28,555 27,163 38,770
Other comprehensive income (loss)     (1,956) 2,186 (7,121) 8,060
Ending balance $ 1,789,248   $ 1,789,248 $ 1,751,216 $ 1,789,248 $ 1,751,216
General Partner | Series PR Operating Partnership Units            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance (in shares)   168,070,000 168,070,000 164,798,000 167,383,000 163,046,000
Beginning balance   $ 1,032,060 $ 1,032,060 $ 996,122 $ 1,030,696 $ 985,518
Conversion of operating partnership units to ESRT Partner's Capital (in shares)     1,539,000 697,000 2,072,000 2,263,000
Conversion of operating partnership units to ESRT Partner's Capital     $ 8,401 $ 1,966 $ 9,986 $ 9,098
Repurchases of common units (in shares)     (310,000) 0 (310,000) 0
Repurchases of common units     $ (2,148) $ 0 $ (2,148) $ 0
Acquisition of non-controlling interests in other partnerships           $ 114
Equity compensation (in shares)     (23,000) (30,000) 131,000 156,000
Equity compensation     $ 534 $ 541 $ 207 $ 281
Distributions     (5,919) (5,787) (11,799) (11,552)
Net income     6,519 17,071 15,739 22,732
Other comprehensive income (loss)     $ (1,238) $ 1,366 $ (4,472) $ 5,088
Ending balance (in shares) 169,276,000   169,276,000 165,465,000 169,276,000 165,465,000
Ending balance $ 1,038,209   $ 1,038,209 $ 1,011,279 $ 1,038,209 $ 1,011,279
Limited Partners | Series PR Operating Partnership Units            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance (in shares)   85,866,000 85,866,000 82,266,000 81,605,000 80,189,000
Beginning balance   $ 714,575 $ 714,575 $ 692,575 $ 711,904 $ 694,512
Conversion of operating partnership units to ESRT Partner's Capital (in shares)     (984,000) (220,000) (1,150,000) (1,027,000)
Conversion of operating partnership units to ESRT Partner's Capital     $ (8,192) $ (1,849) $ (9,637) $ (8,830)
Equity compensation (in shares)     185,000 192,000 4,612,000 3,076,000
Equity compensation     $ 6,364 $ 5,847 $ 10,774 $ 9,556
Distributions     (2,985) (2,878) (5,967) (5,671)
Net income     2,853 7,636 6,992 10,192
Other comprehensive income (loss)     $ (536) $ 602 $ (1,987) $ 2,174
Ending balance (in shares) 85,067,000   85,067,000 82,238,000 85,067,000 82,238,000
Ending balance $ 712,079   $ 712,079 $ 701,933 $ 712,079 $ 701,933
Limited Partners | Series ES Operating Partnership Units Limited Partners            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance (in shares)   17,869,000 17,869,000 19,387,000 18,181,000 19,947,000
Beginning balance   $ 7,017 $ 7,017 $ 4,722 $ 7,126 $ 4,427
Conversion of operating partnership units to ESRT Partner's Capital (in shares)     (386,000) (339,000) (698,000) (899,000)
Conversion of operating partnership units to ESRT Partner's Capital     $ (152) $ (89) $ (274) $ (210)
Distributions     (614) (670) (1,242) (1,349)
Net income     692 1,999 1,679 2,677
Other comprehensive income (loss)     $ (131) $ 154 $ (477) $ 571
Ending balance (in shares) 17,483,000   17,483,000 19,048,000 17,483,000 19,048,000
Ending balance $ 6,812   $ 6,812 $ 6,116 $ 6,812 $ 6,116
Limited Partners | Series 60 Operating Partnership Units Limited Partners            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance (in shares)   4,562,000 4,562,000 4,991,000 4,589,000 5,144,000
Beginning balance   $ 1,430 $ 1,430 $ 863 $ 1,436 $ 779
Conversion of operating partnership units to ESRT Partner's Capital (in shares)     (102,000) (102,000) (129,000) (255,000)
Conversion of operating partnership units to ESRT Partner's Capital     $ (33) $ (20) $ (41) $ (42)
Distributions     (157) (172) (317) (347)
Net income     176 523 426 697
Other comprehensive income (loss)     $ (33) $ 42 $ (121) $ 149
Ending balance (in shares) 4,460,000   4,460,000 4,889,000 4,460,000 4,889,000
Ending balance $ 1,383   $ 1,383 $ 1,236 $ 1,383 $ 1,236
Limited Partners | Series 250 Operating Partnership Units Limited Partners            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance (in shares)   2,365,000 2,365,000 2,573,000 2,393,000 2,619,000
Beginning balance   $ 853 $ 853 $ 512 $ 860 $ 462
Conversion of operating partnership units to ESRT Partner's Capital (in shares)     (67,000) (36,000) (95,000) (82,000)
Conversion of operating partnership units to ESRT Partner's Capital     $ (24) $ (8) $ (34) $ (16)
Distributions     (80) (89) (163) (179)
Net income     94 275 226 367
Other comprehensive income (loss)     $ (18) $ 22 $ (64) $ 78
Ending balance (in shares) 2,298,000   2,298,000 2,537,000 2,298,000 2,537,000
Ending balance $ 825   $ 825 $ 712 $ 825 $ 712
Private Perpetual Preferred Units            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance (in shares)   6,224,000 6,224,000 6,224,000 6,224,000 6,224,000
Beginning balance   $ 29,940 $ 29,940 $ 29,940 $ 29,940 $ 29,940
Distributions     (1,051) (1,051) (2,101) (2,101)
Net income     $ 1,051 $ 1,051 $ 2,101 $ 2,101
Ending balance (in shares) 6,224,000   6,224,000 6,224,000 6,224,000 6,224,000
Ending balance $ 29,940   $ 29,940 $ 29,940 $ 29,940 $ 29,940
Non-controlling Interest in Other Partnerships            
Increase (Decrease) in Partners' Capital [Roll Forward]            
Beginning balance   $ 0 0 0 0 15,407
Acquisition of non-controlling interests in other partnerships           (15,411)
Net income     0 0 0 4
Other comprehensive income (loss)     0 0 0 0
Ending balance $ 0   $ 0 $ 0 $ 0 $ 0