2023 Q1 Form 10-K Financial Statement

#000095017023002906 Filed on February 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $188.5M $184.0M $740.4M
YoY Change 1472.19% -0.1% 2500.28%
Cost Of Revenue $70.31M $70.10M $277.4M
YoY Change 5.47% 3.68% 4.51%
Gross Profit $118.2M $113.9M $463.0M
YoY Change 0.98% -2.3% 0.35%
Gross Profit Margin 62.7% 61.91% 62.53%
Selling, General & Admin $14.62M $13.99M $59.49M
YoY Change -6.53% 6.82% 0.6%
% of Gross Profit 12.38% 12.28% 12.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.89M $61.21M $232.5M
YoY Change 5.87% 7.89% 0.01%
% of Gross Profit 49.84% 53.73% 50.22%
Operating Expenses $143.9M $75.20M $569.9M
YoY Change 101.98% 7.69% 2.14%
Operating Profit -$25.78M $38.73M -$106.9M
YoY Change -156.35% -17.2% 10.68%
Interest Expense -$35.75M -$72.42M -$191.9M
YoY Change -8.72% 81.02% 15.82%
% of Operating Profit -186.99%
Other Income/Expense, Net -$306.0K -$1.709M
YoY Change -677.36% 1175.37%
Pretax Income $8.602M -$37.88M -$24.93M
YoY Change 29.37% -651.63% -537.25%
Income Tax $288.0K $1.706M $3.265M
% Of Pretax Income 3.35%
Net Earnings $1.729M -$37.90M -$36.40M
YoY Change -48.71% -3201.31% 78.85%
Net Earnings / Revenue 0.92% -20.59% -4.92%
Basic Earnings Per Share $0.01 -$0.16
Diluted Earnings Per Share $0.01 -$0.17 -$0.16
COMMON SHARES
Basic Shares Outstanding 217.0M 219.8M 221.3M
Diluted Shares Outstanding 216.6M 221.3M

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $451.8M $408.9M $408.9M
YoY Change -2.21% -22.1% -22.1%
Cash & Equivalents $451.8M $408.9M $408.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $19.41M $23.87M $23.87M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $471.2M $432.8M $432.8M
YoY Change -9.9% -19.93% -19.93%
LONG-TERM ASSETS
Property, Plant & Equipment $6.922B $6.952B $6.952B
YoY Change 0.4% 0.53% 0.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $388.2M $396.9M $396.9M
YoY Change -10.71% -5.39% -5.39%
Other Assets $533.9M $507.9M $507.9M
YoY Change 16.61% 10.5% 10.5%
Total Long-Term Assets $8.009B $8.020B $8.020B
YoY Change 0.42% 0.83% 0.83%
TOTAL ASSETS
Total Short-Term Assets $471.2M $432.8M $432.8M
Total Long-Term Assets $8.009B $8.020B $8.020B
Total Assets $8.480B $8.453B $8.453B
YoY Change -0.22% -0.49% -0.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $118.9M $123.2M $123.2M
YoY Change 6.98% 6.01% 6.01%
Accrued Expenses
YoY Change
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 $137.0M $141.2M $141.2M
YoY Change 5.46% 6.1% 6.1%
LONG-TERM LIABILITIES
Long-Term Debt $3.841B $3.840B $3.840B
YoY Change 0.12% 0.12% 0.12%
Other Long-Term Liabilities $64.47M $60.97M $60.97M
YoY Change -6.31% -13.91% -13.91%
Total Long-Term Liabilities $3.906B $3.901B $3.901B
YoY Change 0.01% -0.13% -0.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $137.0M $141.2M $141.2M
Total Long-Term Liabilities $3.906B $3.901B $3.901B
Total Liabilities $4.043B $4.042B $4.861B
YoY Change -17.5% 0.07% -0.93%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $4.184B $4.188B
YoY Change 1.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.563B $3.592B $3.592B
YoY Change
Total Liabilities & Shareholders Equity $8.480B $8.453B $8.453B
YoY Change -0.22% -0.49% -0.49%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $1.729M -$37.90M -$36.40M
YoY Change -48.71% -3201.31% 78.85%
Depreciation, Depletion And Amortization $58.89M $61.21M $232.5M
YoY Change 5.87% 7.89% 0.01%
Cash From Operating Activities $57.97M $72.22M $246.6M
YoY Change -1.2% 28.4% 0.95%
INVESTING ACTIVITIES
Capital Expenditures $18.88M $61.97M $133.3M
YoY Change -165.06% -263.66% -218.98%
Acquisitions
YoY Change
Other Investing Activities -$4.936M -$19.32M
YoY Change -121.68% -326.86%
Cash From Investing Activities -$18.88M -$66.91M -$152.6M
YoY Change -78.58% 343.03% 47.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $63.15M
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities 22.07M -65.35M -173.9M
YoY Change -169.29% 92.06% 127.38%
NET CHANGE
Cash From Operating Activities 57.97M 72.22M 246.6M
Cash From Investing Activities -18.88M -66.91M -152.6M
Cash From Financing Activities 22.07M -65.35M -173.9M
Net Change In Cash 61.16M -60.04M -79.85M
YoY Change -199.7% -943.22% -224.1%
FREE CASH FLOW
Cash From Operating Activities $57.97M $72.22M $246.6M
Capital Expenditures $18.88M $61.97M $133.3M
Free Cash Flow $39.09M $10.25M $113.4M
YoY Change -55.43% -89.11% -68.18%

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-2299000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-36403000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-20354000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-24704000
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.16
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.09
CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.09
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
221309938
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
218701249
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
222436170
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.16
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.09
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.09
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
221309938
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
218701249
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
222436170
CY2022 us-gaap Profit Loss
ProfitLoss
-28197000
CY2021 us-gaap Profit Loss
ProfitLoss
2059000
CY2020 us-gaap Profit Loss
ProfitLoss
-19196000
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
31839000
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
6857000
CY2022 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
18485000
CY2021 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
9565000
CY2020 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
-13894000
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
22127000
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
18481000
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-33090000
CY2022 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Joint Ventures
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInJointVentures
13981000
CY2021 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Joint Ventures
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInJointVentures
21538000
CY2020 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Joint Ventures
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInJointVentures
9257000
CY2022 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Consolidated Real Estate Fund
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInConsolidatedRealEstateFund
-3342000
CY2021 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Consolidated Real Estate Fund
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInConsolidatedRealEstateFund
2908000
CY2020 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Consolidated Real Estate Fund
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInConsolidatedRealEstateFund
-1434000
CY2022 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInOperatingPartnership
1733000
CY2021 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInOperatingPartnership
-540000
CY2020 pgre Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInOperatingPartnership
-3589000
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9755000
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5425000
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-37324000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4630962000
CY2020 us-gaap Profit Loss
ProfitLoss
-19196000
CY2020 pgre Stock Issued Cancelled During Period Value Share Based Compensation
StockIssuedCancelledDuringPeriodValueShareBasedCompensation
-332000
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
120000000
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.37
CY2020 us-gaap Dividends
Dividends
89603000
CY2020 pgre Minority Interest Increase From Contributions By Noncontrolling Interest Holders
MinorityInterestIncreaseFromContributionsByNoncontrollingInterestHolders
11555000
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
12717000
CY2020 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
-13894000
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19386000
CY2020 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
109573000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4515734000
CY2021 us-gaap Profit Loss
ProfitLoss
2059000
CY2021 pgre Stock Issued Cancelled During Period Value Share Based Compensation
StockIssuedCancelledDuringPeriodValueShareBasedCompensation
-235000
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.28
CY2021 us-gaap Dividends
Dividends
67578000
CY2021 pgre Minority Interest Increase From Contributions By Noncontrolling Interest Holders
MinorityInterestIncreaseFromContributionsByNoncontrollingInterestHolders
121000
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
30539000
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6857000
CY2021 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
9565000
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
18777000
CY2021 us-gaap Stockholders Equity Other
StockholdersEquityOther
-271000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4455032000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4455032000
CY2022 us-gaap Profit Loss
ProfitLoss
-28197000
CY2022 pgre Stock Issued Cancelled During Period Value Share Based Compensation
StockIssuedCancelledDuringPeriodValueShareBasedCompensation
-284000
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
65000000
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.31
CY2022 us-gaap Dividends
Dividends
74155000
CY2022 pgre Minority Interest Increase From Contributions By Noncontrolling Interest Holders
MinorityInterestIncreaseFromContributionsByNoncontrollingInterestHolders
3257000
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
40699000
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
31839000
CY2022 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
18485000
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19189000
CY2022 pgre Consolidation Of Real Estate Related Fund Investments That Were Previously Unconsolidated
ConsolidationOfRealEstateRelatedFundInvestmentsThatWerePreviouslyUnconsolidated
91535000
CY2022 us-gaap Stockholders Equity Other
StockholdersEquityOther
236000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4410766000
CY2022 us-gaap Profit Loss
ProfitLoss
-28197000
CY2021 us-gaap Profit Loss
ProfitLoss
2059000
CY2020 us-gaap Profit Loss
ProfitLoss
-19196000
CY2022 pgre Depreciation And Amortization Includes Discontinued Operations
DepreciationAndAmortizationIncludesDiscontinuedOperations
232517000
CY2021 pgre Depreciation And Amortization Includes Discontinued Operations
DepreciationAndAmortizationIncludesDiscontinuedOperations
232487000
CY2020 pgre Depreciation And Amortization Includes Discontinued Operations
DepreciationAndAmortizationIncludesDiscontinuedOperations
235890000
CY2022 pgre Straight Line Rent Including Discontinued Operations
StraightLineRentIncludingDiscontinuedOperations
13602000
CY2021 pgre Straight Line Rent Including Discontinued Operations
StraightLineRentIncludingDiscontinuedOperations
2495000
CY2020 pgre Straight Line Rent Including Discontinued Operations
StraightLineRentIncludingDiscontinuedOperations
28216000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
19003000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
18612000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
19239000
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6156000
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9127000
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9277000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-53251000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-24896000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18619000
CY2022 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1324000
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7278000
CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3999000
CY2022 pgre Income Loss Recognized Upon Consolidation Of Real Estate Related Funds
IncomeLossRecognizedUponConsolidationOfRealEstateRelatedFunds
-2627000
CY2022 pgre Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
-1239000
CY2021 pgre Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
782000
CY2020 pgre Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
272000
CY2022 pgre Unconsolidated Real Estate Funds Dividends Or Distributions
UnconsolidatedRealEstateFundsDividendsOrDistributions
1318000
CY2021 pgre Unconsolidated Real Estate Funds Dividends Or Distributions
UnconsolidatedRealEstateFundsDividendsOrDistributions
676000
CY2020 pgre Unconsolidated Real Estate Funds Dividends Or Distributions
UnconsolidatedRealEstateFundsDividendsOrDistributions
616000
CY2022 pgre Amortization Of Above And Below Market Leases Including Discontinued Operations
AmortizationOfAboveAndBelowMarketLeasesIncludingDiscontinuedOperations
-1748000
CY2021 pgre Amortization Of Above And Below Market Leases Including Discontinued Operations
AmortizationOfAboveAndBelowMarketLeasesIncludingDiscontinuedOperations
-3070000
CY2020 pgre Amortization Of Above And Below Market Leases Including Discontinued Operations
AmortizationOfAboveAndBelowMarketLeasesIncludingDiscontinuedOperations
-4734000
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1535000
CY2020 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1918000
CY2020 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
-12766000
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1188000
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3146000
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-413000
CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
8284000
CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-1920000
CY2020 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-1729000
CY2022 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
15083000
CY2021 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
18438000
CY2020 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
10761000
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7545000
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8283000
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2193000
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3658000
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
16246000
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1299000
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1185000
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-37538000
CY2020 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3313000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
246637000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
244306000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
237272000
CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
125805000
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
112001000
CY2020 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
89463000
CY2022 pgre Receivable From Affiliate
ReceivableFromAffiliate
59000000
CY2022 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
59000000
CY2020 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
36918000
CY2022 pgre Investment In Real Estate Related Funds
InvestmentInRealEstateRelatedFunds
7454000
CY2022 pgre Payments For Contributions To Unconsolidated Real Estate Funds
PaymentsForContributionsToUnconsolidatedRealEstateFunds
5018000
CY2021 pgre Payments For Contributions To Unconsolidated Real Estate Funds
PaymentsForContributionsToUnconsolidatedRealEstateFunds
3324000
CY2020 pgre Payments For Contributions To Unconsolidated Real Estate Funds
PaymentsForContributionsToUnconsolidatedRealEstateFunds
2945000
CY2022 pgre Proceeds From Unconsolidated Real Estate Funds Capital Distributions
ProceedsFromUnconsolidatedRealEstateFundsCapitalDistributions
1506000
CY2021 pgre Proceeds From Unconsolidated Real Estate Funds Capital Distributions
ProceedsFromUnconsolidatedRealEstateFundsCapitalDistributions
4926000
CY2022 pgre Investments In And Contributions Of Capital To Unconsolidated Joint Ventures
InvestmentsInAndContributionsOfCapitalToUnconsolidatedJointVentures
15812000
CY2021 pgre Investments In And Contributions Of Capital To Unconsolidated Joint Ventures
InvestmentsInAndContributionsOfCapitalToUnconsolidatedJointVentures
11750000
CY2020 pgre Investments In And Contributions Of Capital To Unconsolidated Joint Ventures
InvestmentsInAndContributionsOfCapitalToUnconsolidatedJointVentures
60000
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
40228000
CY2020 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
22188000
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
21562000
CY2020 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
15809000
CY2020 pgre Proceeds From Sale Of Real Estate Related To Discontinued Operations
ProceedsFromSaleOfRealEstateRelatedToDiscontinuedOperations
89206000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-152583000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-103483000
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
40035000
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
67062000
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61297000
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
89225000
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5962000
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
6182000
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
8837000
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
63153000
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
120000000
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
40699000
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
30539000
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
12717000
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
121000
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
11555000
CY2022 pgre Proceeds From Minority Shareholders In Consolidated Real Estate Funds
ProceedsFromMinorityShareholdersInConsolidatedRealEstateFunds
3257000
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
284000
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
235000
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
332000
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
888566000
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
9791000
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
850000000
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
16775000
CY2021 pgre Payment For Purchase Of Interest Rate Caps
PaymentForPurchaseOfInterestRateCaps
140000
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
200000000
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
163082000
CY2020 pgre Proceeds From The Sale Of Noncontrolling Interest In Real Estate
ProceedsFromTheSaleOfNoncontrollingInterestInRealEstate
111984000
CY2020 pgre Repayment Of Note Payable Issued In Connection With Acquisition Of Noncontrolling Interest In Consolidated Real Estate Fund
RepaymentOfNotePayableIssuedInConnectionWithAcquisitionOfNoncontrollingInterestInConsolidatedRealEstateFund
8771000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-173903000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-76481000
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-143470000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-79849000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
64342000
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
133837000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
529666000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
465324000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
331487000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
449817000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
529666000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
465324000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
524900000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
434530000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
306215000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4766000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
30794000
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
25272000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
529666000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
465324000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
331487000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
408905000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
524900000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
434530000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
40912000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4766000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
30794000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
449817000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
529666000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
465324000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
139332000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
132476000
CY2020 us-gaap Interest Paid Net
InterestPaidNet
135607000
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2711000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1762000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1366000
CY2022 pgre Common Shares Issued Upon Redemption Of Common Units
CommonSharesIssuedUponRedemptionOfCommonUnits
128743000
CY2021 pgre Common Shares Issued Upon Redemption Of Common Units
CommonSharesIssuedUponRedemptionOfCommonUnits
961000
CY2020 pgre Common Shares Issued Upon Redemption Of Common Units
CommonSharesIssuedUponRedemptionOfCommonUnits
85710000
CY2022 pgre Non Cash Increase In Real Estate Related Fund Investments
NonCashIncreaseInRealEstateRelatedFundInvestments
100500000
CY2022 pgre Non Cash Decrease In Unconsolidated Real Estate Related Funds
NonCashDecreaseInUnconsolidatedRealEstateRelatedFunds
-8965000
CY2022 pgre Non Cash Increase In Noncontrolling Interests In Consolidated Real Estate Related Funds
NonCashIncreaseInNoncontrollingInterestsInConsolidatedRealEstateRelatedFunds
91535000
CY2022 pgre Change In Fair Value Of Interest Rate Swaps And Interest Rate Caps
ChangeInFairValueOfInterestRateSwapsAndInterestRateCaps
31839000
CY2021 pgre Change In Fair Value Of Interest Rate Swaps And Interest Rate Caps
ChangeInFairValueOfInterestRateSwapsAndInterestRateCaps
6857000
CY2022 pgre Dividends And Distributions Declared But Not Paid
DividendsAndDistributionsDeclaredButNotPaid
18026000
CY2021 pgre Dividends And Distributions Declared But Not Paid
DividendsAndDistributionsDeclaredButNotPaid
16895000
CY2020 pgre Dividends And Distributions Declared But Not Paid
DividendsAndDistributionsDeclaredButNotPaid
16796000
CY2022 pgre Assets Written Off
AssetsWrittenOff
11386000
CY2021 pgre Assets Written Off
AssetsWrittenOff
46594000
CY2020 pgre Assets Written Off
AssetsWrittenOff
9141000
CY2022 pgre Additions To Real Estate Included In Accounts Payable And Accrued Expenses
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses
14595000
CY2021 pgre Additions To Real Estate Included In Accounts Payable And Accrued Expenses
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses
12177000
CY2020 pgre Additions To Real Estate Included In Accounts Payable And Accrued Expenses
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses
8640000
CY2022 pgre Transfer Of Deposit To Investment In Unconsolidated Joint Ventures
TransferOfDepositToInvestmentInUnconsolidatedJointVentures
6230000
CY2021 pgre Transfer Of Deposit To Investment In Unconsolidated Joint Ventures
TransferOfDepositToInvestmentInUnconsolidatedJointVentures
6230000
CY2022 pgre Repurchase Of Common Shares Included In Accounts Payable And Accrued Expenses
RepurchaseOfCommonSharesIncludedInAccountsPayableAndAccruedExpenses
1847000
CY2022 us-gaap Nature Of Operations
NatureOfOperations
<div style="text-indent:0.0%;display:flex;margin-top:0.0pt;justify-content:flex-start;align-items:baseline;margin-bottom:0.0pt;min-width:3.333%;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10.0pt;font-family:Times New Roman;justify-content:flex-start;min-width:3.333%;">1.</span><div id="notes_to_consolidated_financial_statemen" style="display:inline;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">O</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">rganization and Business</span></div></div><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:9.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">As used in these consolidated financial statements, unless otherwise indicated, all references to “we,” “us,” “our,” the “Company,” and “Paramount” refer to Paramount Group, Inc., a Maryland corporation, and its consolidated subsidiaries, including Paramount Group Operating Partnership LP, a Delaware limited partnership (the “Operating Partnership”). We are a fully-integrated real estate investment trust (“REIT”) focused on owning, operating, managing, acquiring and redeveloping high-quality, Class A office properties in select central business district submarkets of New York City and San Francisco. We conduct our business through, and substantially all of our interests in properties and investments are held by, the Operating Partnership. We are the sole general partner of, and owned approximately </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">93.7</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">% of, the Operating Partnership as of December 31, 2022.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:10.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">As of December 31, 2022, we owned and/or managed a portfolio of </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">18</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> properties aggregating </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">13.8</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet comprised of:</span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><div style="margin-left:3.333%;text-indent:0.0%;display:flex;margin-top:0.0pt;justify-content:flex-start;align-items:baseline;margin-bottom:0.0pt;min-width:3.333%;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10.0pt;font-family:Times New Roman;justify-content:flex-start;min-width:3.447919145106397%;">•</span><div style="display:inline;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Eight</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> wholly and partially owned Class A properties aggregating </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">8.7</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet in New York, comprised of </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">8.2</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet of office space and </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">0.5</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet of retail, theater and amenity space;</span></div></div><p style="margin-left:6.667%;text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><div style="margin-left:3.333%;text-indent:0.0%;display:flex;margin-top:0.0pt;justify-content:flex-start;align-items:baseline;margin-bottom:0.0pt;min-width:3.333%;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10.0pt;font-family:Times New Roman;justify-content:flex-start;min-width:3.447919145106397%;">•</span><div style="display:inline;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Six</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> wholly and partially owned Class A properties aggregating </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">4.3</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet in San Francisco, comprised of </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">4.1</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet of office space and </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">0.2</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet of retail space; and</span></div></div><p style="margin-left:9.0%;text-indent:-3.802%;padding-left:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><div style="margin-left:3.333%;text-indent:0.0%;display:flex;margin-top:0.0pt;justify-content:flex-start;align-items:baseline;margin-bottom:0.0pt;min-width:3.333%;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;text-indent:0;display:inline-flex;font-size:10.0pt;font-family:Times New Roman;justify-content:flex-start;min-width:3.447919145106397%;">•</span><div style="display:inline;"><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Four</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> managed properties aggregating </span><span style="font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">0.8</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> million square feet in New York and Washington, D.C.</span></div></div><p style="margin-left:9.0%;text-indent:-3.802%;padding-left:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="white-space:pre-wrap;font-size:8.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Additionally, we have an investment management business, where we serve as the general partner of several real estate related funds for institutional investors and high net-worth individuals.</span></p>
CY2022Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
18
CY2022Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
13800000
CY2022 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Derivative Instruments and Hedging Activities</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">We record all derivatives on our consolidated balance sheets at fair value in accordance with Accounting Standards Codification (“ASC”) Topic 815, </span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Derivatives and Hedging</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether we have designated a derivative as a hedge and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. We use derivative financial instruments in the normal course of business to selectively manage or hedge a portion of the risk associated with our indebtedness and interest payments. Our objectives in using interest rate derivatives are to add stability to interest expense and to manage our exposure to interest rate movements. To accomplish these objectives, we primarily use interest rate swaps and interest rate caps. Interest rate swaps and interest rate caps that are designated as hedges are so designated at the inception of the contract. We require that hedging derivative instruments be highly effective in reducing the risk exposure that they are designated to hedge. The changes in the fair value of interest rate swaps and interest rate caps that are designated as hedges are recognized in “other comprehensive income (loss)” (outside of earnings) and subsequently reclassified to earnings over the term that the hedged transaction affects earnings.</span></p>
CY2022 pgre Minimum Percentage Of Taxable Income Distributed To Shareholders
MinimumPercentageOfTaxableIncomeDistributedToShareholders
0.90
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-36403000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-20354000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-24704000
CY2022 pgre Income Tax Reconciliation Straight Lining Of Rents And Amortization Of Above And Below Market Leases Net Adjustments
IncomeTaxReconciliationStraightLiningOfRentsAndAmortizationOfAboveAndBelowMarketLeasesNetAdjustments
5780000
CY2021 pgre Income Tax Reconciliation Straight Lining Of Rents And Amortization Of Above And Below Market Leases Net Adjustments
IncomeTaxReconciliationStraightLiningOfRentsAndAmortizationOfAboveAndBelowMarketLeasesNetAdjustments
-3082000
CY2020 pgre Income Tax Reconciliation Straight Lining Of Rents And Amortization Of Above And Below Market Leases Net Adjustments
IncomeTaxReconciliationStraightLiningOfRentsAndAmortizationOfAboveAndBelowMarketLeasesNetAdjustments
10462000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-54892000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-62218000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-62002000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-17607000
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-16933000
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-17766000
CY2021 pgre Income Tax Reconciliation Nondeductible Expense Deferred Compensation Plan
IncomeTaxReconciliationNondeductibleExpenseDeferredCompensationPlan
-28793000
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
31685000
CY2020 pgre Income Tax Reconciliation Nondeductible Expense Sale Of Real Estate
IncomeTaxReconciliationNondeductibleExpenseSaleOfRealEstate
55640000
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-20352000
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-27476000
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
11095000
CY2022 pgre Taxable Income Loss
TaxableIncomeLoss
82353000
CY2021 pgre Taxable Income Loss
TaxableIncomeLoss
60562000
CY2020 pgre Taxable Income Loss
TaxableIncomeLoss
89147000
CY2022 pgre Percentage Of Ordinary Income
PercentageOfOrdinaryIncome
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CY2021 pgre Percentage Of Ordinary Income
PercentageOfOrdinaryIncome
0.904
CY2020 pgre Percentage Of Ordinary Income
PercentageOfOrdinaryIncome
0.525
CY2022 pgre Percentage Of Long Term Capital Gain
PercentageOfLongTermCapitalGain
0.000
CY2021 pgre Percentage Of Long Term Capital Gain
PercentageOfLongTermCapitalGain
0.082
CY2020 pgre Percentage Of Long Term Capital Gain
PercentageOfLongTermCapitalGain
0.475
CY2022 pgre Percentage Of Return Of Capital
PercentageOfReturnOfCapital
0.000
CY2021 pgre Percentage Of Return Of Capital
PercentageOfReturnOfCapital
0.014
CY2020 pgre Percentage Of Return Of Capital
PercentageOfReturnOfCapital
0.000
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.373
CY2022 pgre Percentage Of Dividend Distribution
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CY2021 us-gaap Common Stock Dividends Per Share Cash Paid
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0.280
CY2021 pgre Percentage Of Dividend Distribution
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1.000
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.400
CY2020 pgre Percentage Of Dividend Distribution
PercentageOfDividendDistribution
1.000
CY2022Q4 pgre Dividend Per Share Attributable To Current Period
DividendPerShareAttributableToCurrentPeriod
0.0775
CY2022 pgre Split Year Dividend Per Share Attributable To Current Period
SplitYearDividendPerShareAttributableToCurrentPeriod
0.070425
CY2020Q4 pgre Dividend Per Share Attributable To Current Period
DividendPerShareAttributableToCurrentPeriod
0.07
CY2021Q4 pgre Dividend Per Share Attributable To Current Period
DividendPerShareAttributableToCurrentPeriod
0.07
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10.0pt;margin-top:0.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ materially from those estimates.</span></p>
CY2022Q4 us-gaap Change In Accounting Principle Accounting Standards Update Adopted
ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted
true
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CY2022Q4 us-gaap Change In Accounting Principle Accounting Standards Update Adoption Date
ChangeInAccountingPrincipleAccountingStandardsUpdateAdoptionDate
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CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
246723000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
252142000
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CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
119413000
CY2022Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
138726000
CY2021Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
151118000
CY2021Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
11421000
CY2022 pgre Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
-1239000
CY2021 pgre Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
782000
CY2020 pgre Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
272000
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
393503000
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
408096000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-53251000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-24896000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18619000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
337104000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
371555000
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
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102533000
CY2021Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
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BelowMarketLeaseNet
36193000
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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39865000
CY2021Q4 us-gaap Below Market Lease Net
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45328000
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5002000
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CY2022Q4 pgre Amortization Of Above And Below Market Leases Year Three
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4596000
CY2022Q4 pgre Amortization Of Above And Below Market Leases Year Four
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2723000
CY2022Q4 pgre Amortization Of Above And Below Market Leases Year Five
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2410000
CY2022Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
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0.0358
CY2022Q4 us-gaap Notes And Loans Payable
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CY2021Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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17682000
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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22380000
CY2022Q4 pgre Notes And Loans Payable Net
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CY2021Q4 pgre Notes And Loans Payable Net
NotesAndLoansPayableNet
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1250000000
CY2019Q4 us-gaap Stock Repurchase Program Authorized Amount1
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CY2022 pgre Shares Repurchased During Period Price Per Share
SharesRepurchasedDuringPeriodPricePerShare
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CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2020 pgre Shares Repurchased During Period Price Per Share
SharesRepurchasedDuringPeriodPricePerShare
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CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2022Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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15000000
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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788000
CY2022 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1
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18859000
CY2021 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1
5562000
CY2020 pgre Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1
16141000
CY2022 pgre Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures
ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures
-374000
CY2021 pgre Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures
ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures
4003000
CY2020 pgre Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures
ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures
2247000
CY2022Q4 us-gaap Minority Interest In Joint Ventures
MinorityInterestInJointVentures
402118000
CY2021Q4 us-gaap Minority Interest In Joint Ventures
MinorityInterestInJointVentures
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CY2022Q4 pgre Minority Interest In Real Estate Funds
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173375000
CY2021Q4 pgre Minority Interest In Real Estate Funds
MinorityInterestInRealEstateFunds
81925000
CY2022 us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
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CY2022Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
242982000
CY2021Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
356111000
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CY2021Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
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181315000
CY2022Q4 pgre Real Estate Fundinvestments At Fair Value
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105369000
CY2022Q4 us-gaap Assets Fair Value Disclosure
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144173000
CY2021Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
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OtherIncome
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CY2020 us-gaap Other Income
OtherIncome
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CY2022 pgre Fee And Other Real Estate Revenue
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CY2021 pgre Fee And Other Real Estate Revenue
FeeAndOtherRealEstateRevenue
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CY2020 pgre Fee And Other Real Estate Revenue
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CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
56869000
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
54905000
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
51663000
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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CY2020 pgre Writeoff Of Straight Line Rent Receivable
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33205000
CY2020 pgre Accounts Receivable Reserve Expense
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020 pgre Investment Income Loss On Investments In Deferred Compensation Plan
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CY2021 pgre Interest And Other Income Loss Net
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CY2020 pgre Interest And Other Income Loss Net
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CY2021 us-gaap Interest Expense Debt Excluding Amortization
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CY2021 us-gaap Amortization Of Financing Costs
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CY2020 us-gaap Amortization Of Financing Costs
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InterestExpenseDebt
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InterestExpenseDebt
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.030
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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IncomeLossFromContinuingOperations
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CY2021 pgre Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Continuing Operation
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CY2020 pgre Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Continuing Operation
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CY2021 pgre Numerator For Income Loss From Continuing Operations Per Common Share Basic And Diluted
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CY2020 pgre Numerator For Income Loss From Continuing Operations Per Common Share Basic And Diluted
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CY2020 pgre Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Discontinued Operation
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CY2020 pgre Numerator For Income Loss Per Common Share Basic And Diluted On Discontinued Operation
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CY2022 pgre Numerator For Income Loss Per Common Share Basic And Diluted
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CY2021 pgre Numerator For Income Loss Per Common Share Basic And Diluted
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CY2020 pgre Numerator For Income Loss Per Common Share Basic And Diluted
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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221310000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2020 us-gaap Earnings Per Share Basic
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CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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23775000
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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23540000
CY2022 us-gaap Number Of Reportable Segments
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CY2022 pgre Property Related Revenues Including Discontinued Operations
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CY2022 pgre Operating Costs And Expenses Including Discontinued Operations
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CY2022 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
45141000
CY2022 pgre Net Operating Income
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CY2021 pgre Property Related Revenues Including Discontinued Operations
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CY2021 pgre Operating Costs And Expenses Including Discontinued Operations
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CY2021 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
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CY2021 pgre Net Operating Income
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CY2020 pgre Property Related Revenues Including Discontinued Operations
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CY2020 pgre Operating Costs And Expenses Including Discontinued Operations
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CY2020 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
48631000
CY2020 pgre Net Operating Income
NetOperatingIncome
475601000
CY2022 pgre Net Operating Income
NetOperatingIncome
479675000
CY2021 pgre Net Operating Income
NetOperatingIncome
476472000
CY2020 pgre Net Operating Income
NetOperatingIncome
475601000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28421000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28473000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28070000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
232517000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
232487000
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
235200000
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
59487000
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
59132000
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
64917000
CY2022 pgre Income Loss From Real Estate Fund Investments
IncomeLossFromRealEstateFundInvestments
-2233000
CY2022 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
45141000
CY2021 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
43597000
CY2020 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
48631000
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-53251000
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-24896000
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-18619000
CY2022 pgre Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
5174000
CY2021 pgre Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
3017000
CY2020 pgre Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
4490000
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
143864000
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
142014000
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
144208000
CY2020 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-8390000
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1709000
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-134000
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-824000
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-24932000
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5702000
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12628000
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3265000
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3643000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1493000
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-28197000
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
2059000
CY2020 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-14121000
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-5075000
CY2022 us-gaap Profit Loss
ProfitLoss
-28197000
CY2021 us-gaap Profit Loss
ProfitLoss
2059000
CY2020 us-gaap Profit Loss
ProfitLoss
-19196000
CY2022 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
13981000
CY2021 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
21538000
CY2020 us-gaap Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
9257000
CY2022 pgre Noncontrolling Interest In Net Income Loss Real Estate Funds
NoncontrollingInterestInNetIncomeLossRealEstateFunds
-3342000
CY2021 pgre Noncontrolling Interest In Net Income Loss Real Estate Funds
NoncontrollingInterestInNetIncomeLossRealEstateFunds
2893000
CY2020 pgre Noncontrolling Interest In Net Income Loss Real Estate Funds
NoncontrollingInterestInNetIncomeLossRealEstateFunds
-1450000
CY2022 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
-2433000
CY2021 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
-2018000
CY2020 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
-2299000
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-36403000
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-20354000
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-24704000
CY2022Q4 us-gaap Assets
Assets
8453254000
CY2021Q4 us-gaap Assets
Assets
8494562000
CY2020Q4 us-gaap Assets
Assets
8554097000
CY2022 dei Auditor Firm
AuditorFirmId
34
CY2022Q4 pgre Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements Other
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovementsOther
37891000
CY2022Q4 pgre Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements Other
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovementsOther
37891000
CY2022Q4 pgre Real Estate Gross At Carrying Value Other
RealEstateGrossAtCarryingValueOther
37891000
CY2022 pgre Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense Other
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpenseOther
8093000
CY2022Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
3858000000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1966237000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
5430368000
CY2022Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
747172000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1966237000
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
6177540000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8143777000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1297553000
CY2022Q4 pgre Net Basis Difference Of Assets And Liabilities Between Tax Basis And Gaap Basis
NetBasisDifferenceOfAssetsAndLiabilitiesBetweenTaxBasisAndGaapBasis
2400000000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8028061000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
7963315000
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
7889885000
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
127102000
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
111340000
CY2020 us-gaap Real Estate Improvements
RealEstateImprovements
82571000
CY2022 pgre Real Estate Cost Of Real Estate Sold And Written Off
RealEstateCostOfRealEstateSoldAndWrittenOff
11386000
CY2021 pgre Real Estate Cost Of Real Estate Sold And Written Off
RealEstateCostOfRealEstateSoldAndWrittenOff
46594000
CY2020 pgre Real Estate Cost Of Real Estate Sold And Written Off
RealEstateCostOfRealEstateSoldAndWrittenOff
9141000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8143777000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
8028061000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
7963315000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1112977000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
966697000
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
790216000
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
195962000
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
192874000
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
185622000
CY2022 pgre Real Estate Accumulated Depreciation Real Estate Sold And Written Off
RealEstateAccumulatedDepreciationRealEstateSoldAndWrittenOff
11386000
CY2021 pgre Real Estate Accumulated Depreciation Real Estate Sold And Written Off
RealEstateAccumulatedDepreciationRealEstateSoldAndWrittenOff
46594000
CY2020 pgre Real Estate Accumulated Depreciation Real Estate Sold And Written Off
RealEstateAccumulatedDepreciationRealEstateSoldAndWrittenOff
9141000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1297553000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1112977000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
966697000

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