2018 Q4 Form 10-K Financial Statement

#000162828020002550 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2017 Q3
Revenue $199.3M $182.3M $186.5M
YoY Change 9.33% 1.95% 6.17%
Cost Of Revenue $78.10M $75.20M $76.80M
YoY Change 3.86% 5.92% 8.94%
Gross Profit $121.2M $107.1M $109.7M
YoY Change 13.17% -0.46% 4.18%
Gross Profit Margin 60.81% 58.75% 58.81%
Selling, General & Admin $16.00M $16.10M $12.90M
YoY Change -0.62% 1.9% 9.33%
% of Gross Profit 13.2% 15.03% 11.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $46.70M $40.80M $38.50M
YoY Change 14.46% 2.51% 2.39%
% of Gross Profit 38.53% 38.1% 35.1%
Operating Expenses $62.70M $56.90M $130.5M
YoY Change 10.19% 2.34% 6.77%
Operating Profit $58.49M $50.19M $56.01M
YoY Change 16.53% -3.84% 4.8%
Interest Expense -$17.40M -$15.60M $16.89M
YoY Change 11.54% -6.02% -5.85%
% of Operating Profit -29.75% -31.08% 30.16%
Other Income/Expense, Net
YoY Change
Pretax Income $41.10M $34.60M $37.73M
YoY Change 18.79% -0.57% 5.85%
Income Tax $1.300M $1.900M $2.245M
% Of Pretax Income 3.16% 5.49% 5.95%
Net Earnings $22.84M $17.27M $18.81M
YoY Change 32.25% 1.8% 17.74%
Net Earnings / Revenue 11.46% 9.47% 10.08%
Basic Earnings Per Share $0.12
Diluted Earnings Per Share $77.65K $58.74K $0.12
COMMON SHARES
Basic Shares Outstanding 158.1M shares
Diluted Shares Outstanding 297.9M shares

Balance Sheet

Concept 2018 Q4 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $205.0M $464.3M $432.1M
YoY Change -55.85% -16.25% -27.29%
Cash & Equivalents $205.0M $464.3M $432.1M
Short-Term Investments
Other Short-Term Assets $64.30M $61.00M $39.50M
YoY Change 5.41% 13.59% 17.21%
Inventory
Prepaid Expenses
Receivables $29.40M $28.30M $34.70M
Other Receivables $0.00 $178.7M $0.00
Total Short-Term Assets $298.7M $732.3M $506.3M
YoY Change -59.21% 16.13% -36.0%
LONG-TERM ASSETS
Property, Plant & Equipment $2.137B $2.011B $1.976B
YoY Change 6.29% 5.71% 5.48%
Goodwill $491.5M $491.5M $491.5M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $400.0M
YoY Change
Other Assets $508.0M $328.6M $504.8M
YoY Change 54.6% -33.03% 44.93%
Total Long-Term Assets $3.897B $3.199B $3.343B
YoY Change 21.82% -1.88% 8.12%
TOTAL ASSETS
Total Short-Term Assets $298.7M $732.3M $506.3M
Total Long-Term Assets $3.897B $3.199B $3.343B
Total Assets $4.196B $3.931B $3.849B
YoY Change 6.73% 1.04% -0.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $600.0K $400.0K $600.0K
YoY Change 50.0% -60.0% -40.0%
Accrued Expenses $90.20M $77.50M $3.900M
YoY Change 16.39% 1150.0% -11.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $182.6M $157.1M $51.90M
YoY Change 16.23% 188.79% -1.7%
LONG-TERM LIABILITIES
Long-Term Debt $1.919B $1.689B $1.577B
YoY Change 13.63% 4.74% -2.38%
Other Long-Term Liabilities $102.5M $107.4M $124.7M
YoY Change -4.56% -10.57% -12.86%
Total Long-Term Liabilities $2.021B $1.796B $1.702B
YoY Change 12.54% 3.68% -3.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $182.6M $157.1M $51.90M
Total Long-Term Liabilities $2.021B $1.796B $1.702B
Total Liabilities $2.205B $1.954B $1.879B
YoY Change 12.85% 2.39% -2.64%
SHAREHOLDERS EQUITY
Retained Earnings $41.51M $46.76M $46.44M
YoY Change -11.23% -8.14% -7.61%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.238B $1.168B $1.154B
YoY Change
Total Liabilities & Shareholders Equity $4.196B $3.931B $3.849B
YoY Change 6.73% 1.04% -0.87%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $22.84M $17.27M $18.81M
YoY Change 32.25% 1.8% 17.74%
Depreciation, Depletion And Amortization $46.70M $40.80M $38.50M
YoY Change 14.46% 2.51% 2.39%
Cash From Operating Activities $91.60M $19.40M $82.50M
YoY Change 372.16% -63.19% 17.86%
INVESTING ACTIVITIES
Capital Expenditures -$73.40M -$65.40M -$54.00M
YoY Change 12.23% 6.34% 29.5%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$73.40M -$65.40M -$54.00M
YoY Change 12.23% 5.31% 16.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.50M 80.10M -41.40M
YoY Change -139.33% -329.51% -107.74%
NET CHANGE
Cash From Operating Activities 91.60M 19.40M 82.50M
Cash From Investing Activities -73.40M -65.40M -54.00M
Cash From Financing Activities -31.50M 80.10M -41.40M
Net Change In Cash -13.30M 34.10M -12.90M
YoY Change -139.0% -176.98% -102.31%
FREE CASH FLOW
Cash From Operating Activities $91.60M $19.40M $82.50M
Capital Expenditures -$73.40M -$65.40M -$54.00M
Free Cash Flow $165.0M $84.80M $136.5M
YoY Change 94.58% -25.74% 22.2%

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0.28
CY2018 us-gaap Earnings Per Share Basic
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0.39
CY2017 us-gaap Earnings Per Share Basic
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0.40
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2019 us-gaap Profit Loss
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84290000 USD
CY2018 us-gaap Profit Loss
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CY2017 us-gaap Profit Loss
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118253000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-21813000 USD
CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-2721000 USD
CY2017 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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-11658000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
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-876000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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63708000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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116377000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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107737000 USD
CY2019 esrt Net Income Loss Attributableto Noncontrolling Interestsand Private Perpetual Preferred Unitholders
NetIncomeLossAttributabletoNoncontrollingInterestsandPrivatePerpetualPreferredUnitholders
34845000 USD
CY2018 esrt Net Income Loss Attributableto Noncontrolling Interestsand Private Perpetual Preferred Unitholders
NetIncomeLossAttributabletoNoncontrollingInterestsandPrivatePerpetualPreferredUnitholders
51650000 USD
CY2017 esrt Net Income Loss Attributableto Noncontrolling Interestsand Private Perpetual Preferred Unitholders
NetIncomeLossAttributabletoNoncontrollingInterestsandPrivatePerpetualPreferredUnitholders
55606000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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-8254000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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-382000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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-4901000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
37117000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
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65109000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
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57032000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1982863000 USD
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CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
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13632000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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468000 USD
CY2017 us-gaap Dividends
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126963000 USD
CY2017 us-gaap Profit Loss
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118253000 USD
CY2017 esrt Payments For Derivative Instrument Operating Activities
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15695000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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4749000 USD
CY2018 us-gaap Stock Issued During Period Value Conversion Of Units
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0 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
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18368000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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417000 USD
CY2018 us-gaap Dividends
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126539000 USD
CY2018 us-gaap Profit Loss
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117253000 USD
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CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Stock Issued During Period Value Conversion Of Units
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CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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20239000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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618000 USD
CY2019 us-gaap Dividends
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127761000 USD
CY2019 us-gaap Profit Loss
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84290000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1947913000 USD
CY2019 us-gaap Profit Loss
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84290000 USD
CY2018 us-gaap Profit Loss
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117253000 USD
CY2017 us-gaap Profit Loss
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118253000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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181588000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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168508000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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160710000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
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7328000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
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7215000 USD
CY2017 us-gaap Amortization Of Financing Costs And Discounts
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1039000 USD
CY2019 us-gaap Amortization Of Above And Below Market Leases
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-7311000 USD
CY2018 us-gaap Amortization Of Above And Below Market Leases
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-6120000 USD
CY2017 us-gaap Amortization Of Above And Below Market Leases
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-5721000 USD
CY2019 esrt Amortizationofbelow Market Ground Lease
AmortizationofbelowMarketGroundLease
7831000 USD
CY2018 esrt Amortizationofbelow Market Ground Lease
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7831000 USD
CY2017 esrt Amortizationofbelow Market Ground Lease
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7831000 USD
CY2019 us-gaap Straight Line Rent
StraightLineRent
20057000 USD
CY2018 us-gaap Straight Line Rent
StraightLineRent
22107000 USD
CY2017 us-gaap Straight Line Rent
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26544000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
20857000 USD
CY2018 us-gaap Share Based Compensation
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18785000 USD
CY2017 us-gaap Share Based Compensation
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14100000 USD
CY2019 esrt Payments For Derivative Instrument Operating Activities
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11802000 USD
CY2018 esrt Payments For Derivative Instrument Operating Activities
PaymentsForDerivativeInstrumentOperatingActivities
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018 esrt Increase Decreasein Accounts Payableand Accrued Expenses
IncreaseDecreaseinAccountsPayableandAccruedExpenses
1993000 USD
CY2017 esrt Increase Decreasein Accounts Payableand Accrued Expenses
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-25103000 USD
CY2019 esrt Increase Decreasein Deferred Revenueand Other Liabilities
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27206000 USD
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IncreaseDecreaseinDeferredRevenueandOtherLiabilities
3902000 USD
CY2017 esrt Increase Decreasein Deferred Revenueand Other Liabilities
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8695000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
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CY2019 us-gaap Increase Decrease In Security Deposits
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-27243000 USD
CY2018 us-gaap Increase Decrease In Security Deposits
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10717000 USD
CY2017 us-gaap Increase Decrease In Security Deposits
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-97000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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-4015000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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1275000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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5787000 USD
CY2019 us-gaap Increase Decrease In Deferred Leasing Fees
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30895000 USD
CY2018 us-gaap Increase Decrease In Deferred Leasing Fees
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26899000 USD
CY2017 us-gaap Increase Decrease In Deferred Leasing Fees
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31743000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3643000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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781000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7893000 USD
CY2019 esrt Increase Decreasein Accounts Payableand Accrued Expenses
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427000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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232591000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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279022000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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194202000 USD
CY2019 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
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400000000 USD
CY2018 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
400000000 USD
CY2017 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
250254000 USD
CY2018 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
243022000 USD
CY2017 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
222979000 USD
CY2019 esrt Development Costs Investing Activity
DevelopmentCostsInvestingActivity
2000 USD
CY2018 esrt Development Costs Investing Activity
DevelopmentCostsInvestingActivity
1000 USD
CY2017 esrt Development Costs Investing Activity
DevelopmentCostsInvestingActivity
34000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
149744000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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-643023000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-223013000 USD
CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2018 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
160000000 USD
CY2017 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
315000000 USD
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3790000 USD
CY2018 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
266613000 USD
CY2017 us-gaap Repayments Of Notes Payable
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346615000 USD
CY2019 esrt Paymentsof Private Perpetual Preferred Units Distributions
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1743000 USD
CY2017 us-gaap Payments Of Financing Costs
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13299000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
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4749000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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335000000 USD
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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115000000 USD
CY2019 us-gaap Repayments Of Unsecured Debt
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250000000 USD
CY2018 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
CY2017 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
CY2019 esrt Repayments From Unsecured Debt Term Loan
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0 USD
CY2018 esrt Repayments From Unsecured Debt Term Loan
RepaymentsFromUnsecuredDebtTermLoan
0 USD
CY2017 esrt Repayments From Unsecured Debt Term Loan
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265000000 USD
CY2019 esrt Proceeds From Unsecured Debt Revolving Credit Facility And Term Loan
ProceedsFromUnsecuredDebtRevolvingCreditFacilityAndTermLoan
0 USD
CY2018 esrt Proceeds From Unsecured Debt Revolving Credit Facility And Term Loan
ProceedsFromUnsecuredDebtRevolvingCreditFacilityAndTermLoan
0 USD
CY2017 esrt Proceeds From Unsecured Debt Revolving Credit Facility And Term Loan
ProceedsFromUnsecuredDebtRevolvingCreditFacilityAndTermLoan
265000000 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1980000 USD
CY2018 esrt Paymentsof Private Perpetual Preferred Units Distributions
PaymentsofPrivatePerpetualPreferredUnitsDistributions
936000 USD
CY2017 esrt Paymentsof Private Perpetual Preferred Units Distributions
PaymentsofPrivatePerpetualPreferredUnitsDistributions
936000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
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75192000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
70854000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
66789000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
50826000 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
54749000 USD
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
59238000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-381551000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
104617000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
784000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-259384000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-85688000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
270813000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
530197000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
615885000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271597000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
270813000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
530197000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
204981000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
464344000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
554371000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
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65832000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
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65853000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
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61514000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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270813000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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530197000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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615885000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
233946000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
204981000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
464344000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
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37651000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
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65832000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
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65853000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
271597000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
270813000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
530197000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
76333000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
74160000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
66911000 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1433000 USD
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1596000 USD
CY2017 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
459000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
1766000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
4847000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
5783000 USD
CY2019 esrt Commercial Real Estate Incurredbut Notyet Paid
CommercialRealEstateIncurredbutNotyetPaid
90910000 USD
CY2018 esrt Commercial Real Estate Incurredbut Notyet Paid
CommercialRealEstateIncurredbutNotyetPaid
85242000 USD
CY2017 esrt Commercial Real Estate Incurredbut Notyet Paid
CommercialRealEstateIncurredbutNotyetPaid
71769000 USD
CY2019 esrt Property Plant And Equipment And Intangible Assets Write Off
PropertyPlantAndEquipmentAndIntangibleAssetsWriteOff
30977000 USD
CY2018 esrt Property Plant And Equipment And Intangible Assets Write Off
PropertyPlantAndEquipmentAndIntangibleAssetsWriteOff
39665000 USD
CY2017 esrt Property Plant And Equipment And Intangible Assets Write Off
PropertyPlantAndEquipmentAndIntangibleAssetsWriteOff
19136000 USD
CY2019Q4 esrt Derivative Financial Instruments Includedin Prepaid Expensesand Other Assets
DerivativeFinancialInstrumentsIncludedinPrepaidExpensesandOtherAssets
0 USD
CY2018Q4 esrt Derivative Financial Instruments Includedin Prepaid Expensesand Other Assets
DerivativeFinancialInstrumentsIncludedinPrepaidExpensesandOtherAssets
2536000 USD
CY2017Q4 esrt Derivative Financial Instruments Includedin Prepaid Expensesand Other Assets
DerivativeFinancialInstrumentsIncludedinPrepaidExpensesandOtherAssets
0 USD
CY2019Q4 esrt Derivative Financial Instruments Includedin Accounts Payableand Accrued Expense
DerivativeFinancialInstrumentsIncludedinAccountsPayableandAccruedExpense
13330000 USD
CY2018Q4 esrt Derivative Financial Instruments Includedin Accounts Payableand Accrued Expense
DerivativeFinancialInstrumentsIncludedinAccountsPayableandAccruedExpense
5243000 USD
CY2017Q4 esrt Derivative Financial Instruments Includedin Accounts Payableand Accrued Expense
DerivativeFinancialInstrumentsIncludedinAccountsPayableandAccruedExpense
436000 USD
CY2019 us-gaap Conversion Of Stock Amount Converted1
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27495000 USD
CY2018 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
70779000 USD
CY2017 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
23435000 USD
CY2019Q4 esrt Deferred Costs Leasing Internal Costs Gross
DeferredCostsLeasingInternalCostsGross
5100000 USD
CY2019 esrt Issuance Of Private Perpetual Preferred Units In Exchange For Operating Partnership Units
IssuanceOfPrivatePerpetualPreferredUnitsInExchangeForOperatingPartnershipUnits
21147000 USD
CY2018 esrt Issuance Of Private Perpetual Preferred Units In Exchange For Operating Partnership Units
IssuanceOfPrivatePerpetualPreferredUnitsInExchangeForOperatingPartnershipUnits
0 USD
CY2017 esrt Issuance Of Private Perpetual Preferred Units In Exchange For Operating Partnership Units
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0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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29452000 USD
CY2019 esrt Noncash Change In Operating Lease Liability
NoncashChangeInOperatingLeaseLiability
29452000 USD
CY2019Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
10100000 sqft
CY2019 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.607
CY2019Q4 esrt Numberof Entitiestobe Treatedas Taxable Reit Subsidiary
NumberofEntitiestobeTreatedasTaxableREITSubsidiary
2 entity
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounting Estimates </span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in accordance with GAAP requires management to use estimates and assumptions that in certain circumstances affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Significant items subject to such estimates and assumptions include allocation of the purchase price of acquired real estate properties among tangible and intangible assets, determination of the useful life of real estate properties and other long-lived assets, valuation and impairment analysis of commercial real estate properties, goodwill, right-of-use assets and other long-lived assets, estimate of tenant expense reimbursements, valuation of derivative instruments, senior unsecured notes, mortgage notes payable, unsecured notes, unsecured revolving credit and term loan facilities, and equity based compensation. These estimates are prepared using management’s best judgment, after considering past, current, and expected events and economic conditions. Actual results could differ from those estimates. </span></div>
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
2700000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
4100000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1400000 USD
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1600000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
500000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
9700000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
8900000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
7600000 USD
CY2019Q4 esrt Deferred Costs Gross
DeferredCostsGross
448542000 USD
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassification</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior year balances have been reclassified to conform to our current year presentation. The 2017 balance of other revenues and fees has been reclassified to separately present lease termination fees and interest income and conform to our current year presentation.</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
199033000 USD
CY2018Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
178120000 USD
CY2018Q4 esrt Deferred Costs Gross
DeferredCostsGross
444806000 USD
CY2019Q4 esrt Accumulated Amortization Deferred Costs
AccumulatedAmortizationDeferredCosts
224598000 USD
CY2018Q4 esrt Accumulated Amortization Deferred Costs
AccumulatedAmortizationDeferredCosts
209839000 USD
CY2019Q4 us-gaap Deferred Costs
DeferredCosts
223944000 USD
CY2018Q4 us-gaap Deferred Costs
DeferredCosts
234967000 USD
CY2019 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
24500000 USD
CY2018 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
26300000 USD
CY2017 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
24100000 USD
CY2019Q4 us-gaap Ground Leases Gross
GroundLeasesGross
396916000 USD
CY2018Q4 us-gaap Ground Leases Gross
GroundLeasesGross
396916000 USD
CY2019Q4 us-gaap Ground Leases Accumulated Amortization
GroundLeasesAccumulatedAmortization
44350000 USD
CY2018Q4 us-gaap Ground Leases Accumulated Amortization
GroundLeasesAccumulatedAmortization
36518000 USD
CY2019Q4 us-gaap Ground Leases Net
GroundLeasesNet
352566000 USD
CY2018Q4 us-gaap Ground Leases Net
GroundLeasesNet
360398000 USD
CY2019Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
100472000 USD
CY2018Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
118462000 USD
CY2019Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
60793000 USD
CY2018Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
66012000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
39679000 USD
CY2018Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
52450000 USD
CY2019 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-7300000 USD
CY2018 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-6100000 USD
CY2017 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-5700000 USD
CY2019Q4 esrt Aboveand Below Market Lease Net Amortization Income Next Twelve Months
AboveandBelowMarketLeaseNetAmortizationIncomeNextTwelveMonths
1223000 USD
CY2019Q4 esrt Aboveand Below Market Lease Net Amortization Income Year Two
AboveandBelowMarketLeaseNetAmortizationIncomeYearTwo
3116000 USD
CY2019Q4 esrt Aboveand Below Market Lease Net Amortization Income Year Three
AboveandBelowMarketLeaseNetAmortizationIncomeYearThree
3435000 USD
CY2019Q4 esrt Aboveand Below Market Lease Net Amortization Income Year Four
AboveandBelowMarketLeaseNetAmortizationIncomeYearFour
3395000 USD
CY2019Q4 esrt Aboveand Below Market Lease Net Amortization Income Year Five
AboveandBelowMarketLeaseNetAmortizationIncomeYearFive
2832000 USD
CY2019Q4 esrt Aboveand Below Market Lease Net Amortization Incomeafter Year Five
AboveandBelowMarketLeaseNetAmortizationIncomeafterYearFive
7981000 USD
CY2019Q4 esrt Aboveand Below Market Lease Net
AboveandBelowMarketLeaseNet
21982000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
491500000 USD
CY2019Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
25315000 USD
CY2018Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
25315000 USD
CY2019Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
13863000 USD
CY2018Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
10027000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
11452000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
15288000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3800000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4100000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4700000 USD
CY2019Q4 esrt Accrued Liabilities Capital Expenditures
AccruedLiabilitiesCapitalExpenditures
90910000 USD
CY2018Q4 esrt Accrued Liabilities Capital Expenditures
AccruedLiabilitiesCapitalExpenditures
85242000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
35084000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
34585000 USD
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
13330000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5243000 USD
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3699000 USD
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
4990000 USD
CY2019Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
763000 USD
CY2018Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
616000 USD
CY2019Q4 esrt Accounts Payableand Accrued Expenses
AccountsPayableandAccruedExpenses
143786000 USD
CY2018Q4 esrt Accounts Payableand Accrued Expenses
AccountsPayableandAccruedExpenses
130676000 USD
CY2019 us-gaap Interest Expense
InterestExpense
79246000 USD
CY2018 us-gaap Interest Expense
InterestExpense
79623000 USD
CY2017 us-gaap Interest Expense
InterestExpense
68473000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
510799000 USD
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
75615000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
586414000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
498840000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
485441000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
484956000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
460127000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
462656000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
423365000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
436467000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
391395000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
399587000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
362738000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1865058000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1536461000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
4147564000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
3659527000 USD
CY2019Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
3 property
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
29300000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
29300000 USD
CY2019Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
3 property
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P50Y3M18D
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1518000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1518000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1518000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1518000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1518000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1518000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1518000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1518000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1518000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1518000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
66780000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
68298000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
74370000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
75888000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
45063000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
29307000 USD
CY2019Q4 esrt Unfunded Capital Expenditures
UnfundedCapitalExpenditures
125900000 USD
CY2019 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
14114000 USD
CY2018 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
13514000 USD
CY2017 us-gaap Multiemployer Plan Contributions By Employer
MultiemployerPlanContributionsByEmployer
12442000 USD
CY2019Q4 esrt Percentageof Dividendson Common Stock Received Until Performance Criteria Metfor Ltip Units
PercentageofDividendsonCommonStockReceivedUntilPerformanceCriteriaMetforLTIPUnits
0.10
CY2019Q4 esrt Percentageof Dividendson Common Stock Received After Performance Criteria Metfor Ltip Units
PercentageofDividendsonCommonStockReceivedAfterPerformanceCriteriaMetforLTIPUnits
0.90
CY2019Q4 esrt Percentageof Dividendson Common Stock Received In Periods After Performance Criteria Metfor Ltip Units
PercentageofDividendsonCommonStockReceivedInPeriodsAfterPerformanceCriteriaMetforLTIPUnits
1
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49445000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
65603000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
62647000 USD
CY2019 esrt Net Income Loss Availableto Common Stockholders Adjustedfor Conversionof Convertible Unitsand Transfersfrom Noncontrolling Interest
NetIncomeLossAvailabletoCommonStockholdersAdjustedforConversionofConvertibleUnitsandTransfersfromNoncontrollingInterest
77185000 USD
CY2018 esrt Net Income Loss Availableto Common Stockholders Adjustedfor Conversionof Convertible Unitsand Transfersfrom Noncontrolling Interest
NetIncomeLossAvailabletoCommonStockholdersAdjustedforConversionofConvertibleUnitsandTransfersfromNoncontrollingInterest
136055000 USD
CY2017 esrt Net Income Loss Availableto Common Stockholders Adjustedfor Conversionof Convertible Unitsand Transfersfrom Noncontrolling Interest
NetIncomeLossAvailabletoCommonStockholdersAdjustedforConversionofConvertibleUnitsandTransfersfromNoncontrollingInterest
86176000 USD
CY2019Q4 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
299700000 shares
CY2019Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
181900000 shares
CY2019Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
117800000 shares
CY2019Q4 esrt Private Perpetual Preferred Units Costs Incurred Due To Exchange Offer
PrivatePerpetualPreferredUnitsCostsIncurredDueToExchangeOffer
500000 USD
CY2019Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2019Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2018Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2018Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2018Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2018Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2017Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2017Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2017Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2017Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
75200000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
70900000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
66800000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
50800000 USD
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
54700000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
59200000 USD
CY2019 esrt Paymentsof Private Perpetual Preferred Units Distributions
PaymentsofPrivatePerpetualPreferredUnitsDistributions
1700000 USD
CY2018 esrt Paymentsof Private Perpetual Preferred Units Distributions
PaymentsofPrivatePerpetualPreferredUnitsDistributions
900000 USD
CY2017 esrt Paymentsof Private Perpetual Preferred Units Distributions
PaymentsofPrivatePerpetualPreferredUnitsDistributions
900000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2019 esrt Common Stock Dividends Per Share Percent Taxableas Ordinary Dividends
CommonStockDividendsPerSharePercentTaxableasOrdinaryDividends
0.314
CY2019 esrt Common Stock Dividends Per Share Percent Returnon Capital
CommonStockDividendsPerSharePercentReturnonCapital
0.686
CY2018 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2018 esrt Common Stock Dividends Per Share Percent Taxableas Ordinary Dividends
CommonStockDividendsPerSharePercentTaxableasOrdinaryDividends
0.838
CY2018 esrt Common Stock Dividends Per Share Percent Returnon Capital
CommonStockDividendsPerSharePercentReturnonCapital
0.162
CY2017 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2017 esrt Common Stock Dividends Per Share Percent Taxableas Ordinary Dividends
CommonStockDividendsPerSharePercentTaxableasOrdinaryDividends
1.000
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.68
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
15.98
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.56
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
7.34
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.73
CY2019 esrt Sharebased Payment Arrangementby Sharebased Payment Award Equity Otherthan Options Vesting Threshold Ageof Grantee
SharebasedPaymentArrangementbySharebasedPaymentAwardEquityOtherthanOptionsVestingThresholdAgeofGrantee
P60Y
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P10Y
CY2019 us-gaap Profit Loss
ProfitLoss
84290000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
117253000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
118253000 USD
CY2019 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1743000 USD
CY2018 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
936000 USD
CY2017 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
936000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
33102000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
50714000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
54670000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
45000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
38000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
36000 USD
CY2019 esrt Net Income Loss Excluding Portion Attributableto Noncontrolling Interestand Participating Securities Basic
NetIncomeLossExcludingPortionAttributabletoNoncontrollingInterestandParticipatingSecuritiesBasic
49400000 USD
CY2018 esrt Net Income Loss Excluding Portion Attributableto Noncontrolling Interestand Participating Securities Basic
NetIncomeLossExcludingPortionAttributabletoNoncontrollingInterestandParticipatingSecuritiesBasic
65565000 USD
CY2017 esrt Net Income Loss Excluding Portion Attributableto Noncontrolling Interestand Participating Securities Basic
NetIncomeLossExcludingPortionAttributabletoNoncontrollingInterestandParticipatingSecuritiesBasic
62611000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
84290000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
117253000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
118253000 USD
CY2019 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
1743000 USD
CY2018 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
936000 USD
CY2017 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
936000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
45000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
38000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
36000 USD
CY2019 esrt Net Income Loss Excluding Portion Attributableto Noncontrolling Interestand Participating Securities Diluted
NetIncomeLossExcludingPortionAttributabletoNoncontrollingInterestandParticipatingSecuritiesDiluted
82502000 USD
CY2018 esrt Net Income Loss Excluding Portion Attributableto Noncontrolling Interestand Participating Securities Diluted
NetIncomeLossExcludingPortionAttributabletoNoncontrollingInterestandParticipatingSecuritiesDiluted
116279000 USD
CY2017 esrt Net Income Loss Excluding Portion Attributableto Noncontrolling Interestand Participating Securities Diluted
NetIncomeLossExcludingPortionAttributabletoNoncontrollingInterestandParticipatingSecuritiesDiluted
117281000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
178340000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
167571000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
158380000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
119458000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
129687000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
138075000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
775000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2018 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
819000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
297798000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
297259000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
298049000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
416492 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
485865 shares
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