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Consolidated balance sheets

In millions of USD, except per-share amounts
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Q1 FY2021
As of Mar 31, 2021
Q4 FY2020
As of Dec 31, 2020
Assets
Real estate, at cost:
Land
Buildings and improvements
Rental property, at cost
Accumulated depreciation and amortization
Real estate, net
Cash and cash equivalents
Restricted cash
Accounts and other receivables
Real estate related fund investments
Investments in unconsolidated real estate related funds
Investments in unconsolidated joint ventures
Deferred rent receivable
Deferred charges, net of accumulated amortization of $90,418 and $91,818
Intangible assets, net of accumulated amortization of $114,133 and $147,133
Other assets
Total assets
Liabilities and Equity
Notes and mortgages payable, net of unamortized deferred financing costs of $20,546 and $15,420
Revolving credit facility
Accounts payable and accrued expenses
Dividends and distributions payable
Intangible liabilities, net of accumulated amortization of $78,074 and $93,748
Other liabilities
Total liabilities
Paramount Group, Inc. equity:
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 221,897,427 and 217,527,797 shares in 2025 and 2024, respectively
Additional paid-in-capital
Earnings less than distributions
Accumulated other comprehensive income
Paramount Group, Inc. equity
Noncontrolling interests in:
Consolidated joint ventures
Consolidated real estate related funds
Operating Partnership (16,298,625 and 20,057,699 units outstanding)
Total equity
Total liabilities and equity

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