$PGRE
Paramount Group Inc Stock $pgre

$pgre Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000095017024051313 Filed on May 01, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$187.4M	$188.9M	$188.5M
YoY Change	8.54%	0.21%	1472.19%
Cost Of Revenue	$74.19M	$71.74M	$70.31M
YoY Change	4.38%	2.04%	5.47%
Gross Profit	$113.2M	$117.1M	$118.2M
YoY Change	11.45%	-0.87%	0.98%
Gross Profit Margin	60.41%	62.02%	62.7%
Selling, General & Admin	$16.63M	$16.63M	$14.62M
YoY Change	2.51%	13.75%	-6.53%
% of Gross Profit	14.69%	14.2%	12.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$61.74M	$61.11M	$58.89M
YoY Change	-1.42%	3.78%	5.87%
% of Gross Profit	54.53%	52.17%	49.84%
Operating Expenses	$153.0M	$149.7M	$143.9M
YoY Change	94.01%	3.97%	101.98%
Operating Profit	-$39.77M	-$32.53M	-$25.78M
YoY Change	-274.93%	26.16%	-156.35%
Interest Expense	-$36.91M	-$22.24M	-$35.75M
YoY Change	-64.83%	-37.79%	-8.72%
% of Operating Profit
Other Income/Expense, Net	-$438.0K	-$73.00K	-$306.0K
YoY Change	1312.9%	-76.14%	-677.36%
Pretax Income	-$2.498M	$17.08M	$8.602M
YoY Change	-96.96%	98.54%	29.37%
Income Tax	$362.0K	$347.0K	$288.0K
% Of Pretax Income		2.03%	3.35%
Net Earnings	-$7.819M	$9.865M	$1.729M
YoY Change	-83.56%	470.56%	-48.71%
Net Earnings / Revenue	-4.17%	5.22%	0.92%
Basic Earnings Per Share	-$0.04	$0.05	$0.01
Diluted Earnings Per Share	-$0.04	$0.05	$0.01
COMMON SHARES
Basic Shares Outstanding	217.3M	217.4M	217.0M
Diluted Shares Outstanding	217.2M	217.2M	216.6M

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$307.5M	$276.2M	$451.8M
YoY Change	-29.28%	-38.86%	-2.21%
Cash & Equivalents	$307.5M	$276.2M	$451.8M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$13.92M	$16.05M	$19.41M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$321.4M	$292.3M	$471.2M
YoY Change	-28.33%	-37.97%	-9.9%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.692B	$6.721B	$6.922B
YoY Change	-2.36%	-2.91%	0.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$134.6M	$137.4M	$388.2M
YoY Change	-66.67%	-64.61%	-10.71%
Other Assets	$624.2M	$633.0M	$533.9M
YoY Change	17.22%	18.57%	16.61%
Total Long-Term Assets	$7.580B	$7.637B	$8.009B
YoY Change	-4.28%	-4.64%	0.42%
TOTAL ASSETS
Total Short-Term Assets	$321.4M	$292.3M	$471.2M
Total Long-Term Assets	$7.580B	$7.637B	$8.009B
Total Assets	$7.902B	$7.930B	$8.480B
YoY Change	-5.57%	-6.49%	-0.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$110.8M	$115.0M	$118.9M
YoY Change	-2.34%	-3.27%	6.98%
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	$119.2M	$123.4M	$137.0M
YoY Change	-2.03%	-9.94%	5.46%
LONG-TERM LIABILITIES
Long-Term Debt	$3.672B	$3.670B	$3.841B
YoY Change	-4.44%	-4.47%	0.12%
Other Long-Term Liabilities	$54.93M	$57.80M	$64.47M
YoY Change	-1.32%	-10.35%	-6.31%
Total Long-Term Liabilities	$3.727B	$3.728B	$3.906B
YoY Change	-4.39%	-4.57%	0.01%
TOTAL LIABILITIES
Total Short-Term Liabilities	$119.2M	$123.4M	$137.0M
Total Long-Term Liabilities	$3.727B	$3.728B	$3.906B
Total Liabilities	$3.846B	$3.851B	$4.043B
YoY Change	-20.87%	-4.75%	-17.5%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$4.138B	$4.134B	$4.184B
YoY Change	-1.15%	-1.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.182B	$3.199B	$3.563B
YoY Change
Total Liabilities & Shareholders Equity	$7.902B	$7.930B	$8.480B
YoY Change	-5.57%	-6.49%	-0.22%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	-$7.819M	$9.865M	$1.729M
YoY Change	-83.56%	470.56%	-48.71%
Depreciation, Depletion And Amortization	$61.74M	$61.11M	$58.89M
YoY Change	-1.42%	3.78%	5.87%
Cash From Operating Activities	$66.96M	$69.89M	$57.97M
YoY Change	-16.39%	20.57%	-1.2%
INVESTING ACTIVITIES
Capital Expenditures	$25.50M	$39.34M	$18.88M
YoY Change	0.27%	108.36%	-165.06%
Acquisitions
YoY Change
Other Investing Activities	$1.792M	-$1.904M
YoY Change	-104.53%
Cash From Investing Activities	-$23.70M	-$41.25M	-$18.88M
YoY Change	-63.53%	118.44%	-78.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$975.0M	$0.00
YoY Change
Cash From Financing Activities	-19.17M	-90.23M	22.07M
YoY Change	2.89%	-508.78%	-169.29%
NET CHANGE
Cash From Operating Activities	66.96M	69.89M	57.97M
Cash From Investing Activities	-23.70M	-41.25M	-18.88M
Cash From Financing Activities	-19.17M	-90.23M	22.07M
Net Change In Cash	24.09M	-61.59M	61.16M
YoY Change	-779.71%	-200.7%	-199.7%
FREE CASH FLOW
Cash From Operating Activities	$66.96M	$69.89M	$57.97M
Capital Expenditures	$25.50M	$39.34M	$18.88M
Free Cash Flow	$41.47M	$30.55M	$39.09M
YoY Change	-24.13%	-21.85%	-55.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001605607
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	001-36746
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	PARAMOUNT GROUP, INC.
CY2023Q4	pgre	Deferred Charges Net DeferredChargesNet	108751000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	197756000
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	194536000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	62609000
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	32-0439307
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1633 Broadway
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	New York
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	NY
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	10019
CY2024Q1	dei	City Area Code CityAreaCode	212
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	237-3100
CY2024Q1	dei	Security12b Title Security12bTitle	Common stock of Paramount Group, Inc.,$0.01 par value per share
CY2024Q1	dei	Trading Symbol TradingSymbol	PGRE
CY2024Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	217329254
CY2024Q1	us-gaap	Land Land	1966237000
CY2023Q4	us-gaap	Land Land	1966237000
CY2024Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	6278863000
CY2023Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	6250379000
CY2024Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	8245100000
CY2023Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	8216616000
CY2024Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1524078000
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1471819000
CY2024Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	6721022000
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	6744797000
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	276235000
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	428208000
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	171776000
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	81391000
CY2024Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	16048000
CY2023Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	18053000
CY2024Q1	pgre	Real Estate Fundinvestments At Fair Value RealEstateFundinvestmentsAtFairValue	0
CY2023Q4	pgre	Real Estate Fundinvestments At Fair Value RealEstateFundinvestmentsAtFairValue	775000
CY2024Q1	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	4603000
CY2023Q4	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	4549000
CY2024Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	132788000
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	132239000
CY2024Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	353826000
CY2023Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	351209000
CY2024Q1	pgre	Accumulated Amortization Deferred Cost AccumulatedAmortizationDeferredCost	86845000
CY2023Q4	pgre	Accumulated Amortization Deferred Cost AccumulatedAmortizationDeferredCost	82265000
CY2024Q1	pgre	Deferred Charges Net DeferredChargesNet	107407000
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	68005000
CY2024Q1	us-gaap	Other Assets OtherAssets	83411000
CY2023Q4	us-gaap	Other Assets OtherAssets	68238000
CY2024Q1	us-gaap	Assets Assets	7929725000
CY2023Q4	us-gaap	Assets Assets	8006215000
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	22200000
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	13566000
CY2024Q1	pgre	Notes And Loans Payable Net NotesAndLoansPayableNet	3669850000
CY2023Q4	pgre	Notes And Loans Payable Net NotesAndLoansPayableNet	3803484000
CY2024Q1	us-gaap	Line Of Credit LineOfCredit	0
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	0
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	115038000
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	114463000
CY2024Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	8376000
CY2023Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	8360000
CY2024Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	108708000
CY2023Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	108817000
CY2024Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	26026000
CY2023Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	28003000
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	31774000
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	37017000
CY2024Q1	us-gaap	Liabilities Liabilities	3851064000
CY2023Q4	us-gaap	Liabilities Liabilities	3991327000
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	217329254
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	217329254
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	217366089
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	217366089
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	2173000
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	2173000
CY2024Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	4131652000
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	4133801000
CY2024Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	941855000
CY2023Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	943935000
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	7080000
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	11246000
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	3199050000
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	3203285000
CY2024Q1	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	480542000
CY2023Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	413925000
CY2024Q1	pgre	Minority Interest In Real Estate Funds MinorityInterestInRealEstateFunds	103886000
CY2023Q4	pgre	Minority Interest In Real Estate Funds MinorityInterestInRealEstateFunds	110589000
CY2024Q1	us-gaap	Other Ownership Interests Units Outstanding OtherOwnershipInterestsUnitsOutstanding	20035314
CY2023Q4	us-gaap	Other Ownership Interests Units Outstanding OtherOwnershipInterestsUnitsOutstanding	19468095
CY2024Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	295183000
CY2023Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	287089000
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4078661000
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4014888000
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	217186409
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	216617020
CY2024Q1	us-gaap	Profit Loss ProfitLoss	16731000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	8314000
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-4687000
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7929725000
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	8006215000
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	179723000
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	181713000
CY2024Q1	pgre	Fee And Other Real Estate Revenue FeeAndOtherRealEstateRevenue	9154000
CY2023Q1	pgre	Fee And Other Real Estate Revenue FeeAndOtherRealEstateRevenue	6761000
CY2024Q1	us-gaap	Revenues Revenues	188877000
CY2023Q1	us-gaap	Revenues Revenues	188474000
CY2024Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	71740000
CY2023Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	70309000
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	61114000
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	58888000
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	16634000
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14623000
CY2024Q1	pgre	Transaction Related Costs TransactionRelatedCosts	178000
CY2023Q1	pgre	Transaction Related Costs TransactionRelatedCosts	128000
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	149666000
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	143948000
CY2024Q1	pgre	Income Loss From Real Estate Fund Investments IncomeLossFromRealEstateFundInvestments	-43000
CY2023Q1	pgre	Income Loss From Real Estate Fund Investments IncomeLossFromRealEstateFundInvestments	3550000
CY2024Q1	pgre	Income Loss From Unconsolidated Real Estate Fund IncomeLossFromUnconsolidatedRealEstateFund	105000
CY2023Q1	pgre	Income Loss From Unconsolidated Real Estate Fund IncomeLossFromUnconsolidatedRealEstateFund	-178000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1346000
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-5762000
CY2024Q1	pgre	Interest And Other Income Loss Net InterestAndOtherIncomeLossNet	19420000
CY2023Q1	pgre	Interest And Other Income Loss Net InterestAndOtherIncomeLossNet	2925000
CY2024Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	40269000
CY2023Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	36459000
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	17078000
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	8602000
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	347000
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	288000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	16731000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	8314000
CY2024Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	5206000
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	5641000
CY2024Q1	pgre	Noncontrolling Interest In Net Income Loss Real Estate Funds NoncontrollingInterestInNetIncomeLossRealEstateFunds	762000
CY2023Q1	pgre	Noncontrolling Interest In Net Income Loss Real Estate Funds NoncontrollingInterestInNetIncomeLossRealEstateFunds	823000
CY2024Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	898000
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	121000
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	9865000
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1729000
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	217105686
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	216563108
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-8390000
CY2024Q1	pgre	Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures	143000
CY2023Q1	pgre	Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures	-2563000
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	12187000
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-2639000
CY2024Q1	pgre	Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Joint Ventures ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInJointVentures	5206000
CY2023Q1	pgre	Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Joint Ventures ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInJointVentures	5641000
CY2024Q1	pgre	Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Consolidated Real Estate Fund ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInConsolidatedRealEstateFund	762000
CY2023Q1	pgre	Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Consolidated Real Estate Fund ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInConsolidatedRealEstateFund	823000
CY2024Q1	pgre	Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Operating Partnership ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInOperatingPartnership	520000
CY2023Q1	pgre	Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Operating Partnership ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInOperatingPartnership	-594000
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5699000
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-8509000
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4014888000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	16731000
CY2024Q1	pgre	Stock Issued Cancelled During Period Value Share Based Compensation StockIssuedCancelledDuringPeriodValueShareBasedCompensation	-178000
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.035
CY2024Q1	us-gaap	Dividends Dividends	8376000
CY2024Q1	pgre	Minority Interest Increase From Contributions By Noncontrolling Interest Holders MinorityInterestIncreaseFromContributionsByNoncontrollingInterestHolders	63109000
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	9163000
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-4687000
CY2024Q1	pgre	Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures	143000
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6194000
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4078661000
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4410766000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	8314000
CY2023Q1	pgre	Stock Issued Cancelled During Period Value Share Based Compensation StockIssuedCancelledDuringPeriodValueShareBasedCompensation	-205000
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.0775
CY2023Q1	us-gaap	Dividends Dividends	18110000
CY2023Q1	pgre	Minority Interest Increase From Contributions By Noncontrolling Interest Holders MinorityInterestIncreaseFromContributionsByNoncontrollingInterestHolders	50031000
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	7880000
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-8390000
CY2023Q1	pgre	Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures	-2563000
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	5117000
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	4437080000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	16731000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	8314000
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	61114000
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	58888000
CY2024Q1	us-gaap	Straight Line Rent StraightLineRent	2854000
CY2023Q1	us-gaap	Straight Line Rent StraightLineRent	7756000
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	6194000
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5117000
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2368000
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1538000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1346000
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-5762000
CY2024Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	150000
CY2023Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	144000
CY2024Q1	pgre	Unrealized Gains Losses On Real Estate Related Fund Investments UnrealizedGainsLossesOnRealEstateRelatedFundInvestments	-775000
CY2023Q1	pgre	Unrealized Gains Losses On Real Estate Related Fund Investments UnrealizedGainsLossesOnRealEstateRelatedFundInvestments	-1111000
CY2024Q1	pgre	Income Loss From Unconsolidated Real Estate Fund IncomeLossFromUnconsolidatedRealEstateFund	105000
CY2023Q1	pgre	Income Loss From Unconsolidated Real Estate Fund IncomeLossFromUnconsolidatedRealEstateFund	-178000
CY2024Q1	pgre	Unconsolidated Real Estate Funds Dividends Or Distributions UnconsolidatedRealEstateFundsDividendsOrDistributions	51000
CY2023Q1	pgre	Unconsolidated Real Estate Funds Dividends Or Distributions UnconsolidatedRealEstateFundsDividendsOrDistributions	51000
CY2024Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1340000
CY2023Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1036000
CY2024Q1	pgre	Non Cash Gain On Extinguishment Of Initial Public Offering Related Tax Liability NonCashGainOnExtinguishmentOfInitialPublicOfferingRelatedTaxLiability	15437000
CY2023Q1	pgre	Non Cash Gain On Extinguishment Of Initial Public Offering Related Tax Liability NonCashGainOnExtinguishmentOfInitialPublicOfferingRelatedTaxLiability	0
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	57000
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	42000
CY2024Q1	pgre	Increase Decrease In Real Estate Related Fund Investments IncreaseDecreaseInRealEstateRelatedFundInvestments	0
CY2023Q1	pgre	Increase Decrease In Real Estate Related Fund Investments IncreaseDecreaseInRealEstateRelatedFundInvestments	3918000
CY2024Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-2005000
CY2023Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-4457000
CY2024Q1	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	728000
CY2023Q1	us-gaap	Increase Decrease In Deferred Charges IncreaseDecreaseInDeferredCharges	1689000
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	19648000
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	8469000
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	8963000
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-3797000
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	10362000
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-885000
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	69890000
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	57968000
CY2024Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	39344000
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	18883000
CY2024Q1	pgre	Payments For Contributions Of Capital To Unconsolidated Joint Ventures PaymentsForContributionsOfCapitalToUnconsolidatedJointVentures	1904000
CY2023Q1	pgre	Payments For Contributions Of Capital To Unconsolidated Joint Ventures PaymentsForContributionsOfCapitalToUnconsolidatedJointVentures	0
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-41248000
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-18883000
CY2024Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	975000000
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0
CY2024Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	850000000
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	10638000
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0
CY2024Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	62220000
CY2023Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	283000
CY2024Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	809000
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	4140000
CY2024Q1	pgre	Proceeds From Minority Shareholders In Consolidated Real Estate Funds ProceedsFromMinorityShareholdersInConsolidatedRealEstateFunds	889000
CY2023Q1	pgre	Proceeds From Minority Shareholders In Consolidated Real Estate Funds ProceedsFromMinorityShareholdersInConsolidatedRealEstateFunds	49748000
CY2024Q1	pgre	Payments To Minority Shareholders In Consolidated Real Estate Funds PaymentsToMinorityShareholdersInConsolidatedRealEstateFunds	8354000
CY2023Q1	pgre	Payments To Minority Shareholders In Consolidated Real Estate Funds PaymentsToMinorityShareholdersInConsolidatedRealEstateFunds	3740000
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	7608000
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	16827000
CY2024Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	752000
CY2023Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	1199000
CY2024Q1	pgre	Settlement Of Accounts Payable In Connection With Repurchases Of Common Shares SettlementOfAccountsPayableInConnectionWithRepurchasesOfCommonShares	0
CY2023Q1	pgre	Settlement Of Accounts Payable In Connection With Repurchases Of Common Shares SettlementOfAccountsPayableInConnectionWithRepurchasesOfCommonShares	1847000
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	178000
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	205000
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-90230000
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	22073000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-61588000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	61158000
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	509599000
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	449817000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	448011000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	510975000
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	428208000
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	408905000
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	81391000
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	40912000
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	509599000
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	449817000
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	276235000
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	451796000
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	171776000
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	59179000
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	448011000
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	510975000
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	38228000
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	33338000
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	216000
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	317000
CY2024Q1	pgre	Dividends And Distributions Declared But Not Paid DividendsAndDistributionsDeclaredButNotPaid	8376000
CY2023Q1	pgre	Dividends And Distributions Declared But Not Paid DividendsAndDistributionsDeclaredButNotPaid	18110000
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-4687000
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-8390000
CY2024Q1	pgre	Assets Written Off AssetsWrittenOff	1659000
CY2023Q1	pgre	Assets Written Off AssetsWrittenOff	10170000
CY2024Q1	pgre	Additions To Real Estate Included In Accounts Payable And Accrued Expenses AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses	5099000
CY2023Q1	pgre	Additions To Real Estate Included In Accounts Payable And Accrued Expenses AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses	8306000
CY2024Q1	pgre	Common Shares Issued Upon Redemption Of Common Units CommonSharesIssuedUponRedemptionOfCommonUnits	0
CY2023Q1	pgre	Common Shares Issued Upon Redemption Of Common Units CommonSharesIssuedUponRedemptionOfCommonUnits	10228000
CY2024Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="display:flex;margin-top:0;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:3.333%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:3.333%;display:inline-flex;justify-content:flex-start;">1.</span><div style="width:100%;display:inline;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Organization and Business</span></div></div><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;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:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">91.6</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of, the Operating Partnership as of </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">March 31, 2024.</span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">As of March 31, 2024</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, we owned and/or managed a portfolio of </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">18</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> properties aggregating </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">13.8</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet comprised of:</span></p><div style="margin-left:3.333%;display:flex;margin-top:12pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:3.333%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.447919145106397%;display:inline-flex;justify-content:flex-start;">•</span><div style="width:100%;display:inline;"><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">Eight</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> wholly and partially owned Class A properties aggregating </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">8.7</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet in New York, comprised of </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">8.2</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet of office space and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">0.5</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet of retail and theater space;</span></div></div><div style="margin-left:3.333%;display:flex;margin-top:12pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:3.333%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.447919145106397%;display:inline-flex;justify-content:flex-start;">•</span><div style="width:100%;display:inline;"><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">Six</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> wholly and partially owned Class A properties aggregating </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">4.3</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet in San Francisco, comprised of </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">4.1</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet of office space and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">0.2</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet of retail space; and</span></div></div><div style="margin-left:3.333%;display:flex;margin-top:12pt;justify-content:flex-start;align-items:baseline;margin-bottom:0;min-width:3.333%;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:3.447919145106397%;display:inline-flex;justify-content:flex-start;">•</span><div style="width:100%;display:inline;"><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">Four</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> managed properties aggregating </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">0.8</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> million square feet in New York and Washington, D.C.</span></div></div><p style="text-indent:3.333%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;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>
CY2024Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	18
CY2024Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	13800000
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">We have made 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. The results of operations for the three months ended March 31, 2024</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> are not necessarily indicative of the operating results for the full year. Certain prior year balances have been reclassified to conform to current year presentation.</span></p>
CY2024Q1	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	4603000
CY2023Q4	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	4549000
CY2024Q1	pgre	Income Loss From Unconsolidated Real Estate Fund IncomeLossFromUnconsolidatedRealEstateFund	105000
CY2023Q1	pgre	Income Loss From Unconsolidated Real Estate Fund IncomeLossFromUnconsolidatedRealEstateFund	-178000
CY2024Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	132788000
CY2023Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	132239000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1346000
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-5762000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	260365000
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	262541000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	197756000
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	194536000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	62609000
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	68005000
CY2024Q1	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	134734000
CY2023Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	136820000
CY2024Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	108708000
CY2023Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	108817000
CY2024Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	26026000
CY2023Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	28003000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	3867000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	4447000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	2926000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	2613000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	2533000
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	2095000
CY2024Q1	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.0388
CY2024Q1	us-gaap	Notes And Loans Payable NotesAndLoansPayable	3692050000
CY2023Q4	us-gaap	Notes And Loans Payable NotesAndLoansPayable	3817050000
CY2024Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	22200000
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	13566000
CY2024Q1	pgre	Notes And Loans Payable Net NotesAndLoansPayableNet	3669850000
CY2023Q4	pgre	Notes And Loans Payable Net NotesAndLoansPayableNet	3803484000
CY2019Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	200000000
	pgre	Shares Repurchased During Period Price Per Share SharesRepurchasedDuringPeriodPricePerShare	7.65
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	185000000
CY2024Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	2378000
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-1039000
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-7065000
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-7351000
CY2024Q1	pgre	Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1 ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1	143000
CY2023Q1	pgre	Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1 ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1	-573000
CY2024Q1	pgre	Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures	0
CY2023Q1	pgre	Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures	-1990000
CY2024Q1	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	480542000
CY2023Q4	us-gaap	Minority Interest In Joint Ventures MinorityInterestInJointVentures	413925000
CY2024Q1	pgre	Minority Interest In Real Estate Funds MinorityInterestInRealEstateFunds	103886000
CY2023Q4	pgre	Minority Interest In Real Estate Funds MinorityInterestInRealEstateFunds	110589000
CY2024Q1	us-gaap	Common Stock Conversion Basis CommonStockConversionBasis	one-for-one
CY2024Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	295183000
CY2023Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	287089000
CY2024Q1	us-gaap	Redeemable Noncontrolling Interest Equity Redemption Value RedeemableNoncontrollingInterestEquityRedemptionValue	93966000
CY2023Q4	us-gaap	Redeemable Noncontrolling Interest Equity Redemption Value RedeemableNoncontrollingInterestEquityRedemptionValue	100650000
CY2024Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	9499000
CY2023Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	14989000
CY2024Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	160824000
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	165863000
CY2024Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	18899000
CY2023Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	15850000
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	179723000
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	181713000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	462694000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	580050000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	502994000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	442749000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	440662000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	421583000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	1630911000
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	4481643000
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	6248000
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4557000
CY2024Q1	us-gaap	Other Income OtherIncome	2906000
CY2023Q1	us-gaap	Other Income OtherIncome	2204000
CY2024Q1	pgre	Fee And Other Real Estate Revenue FeeAndOtherRealEstateRevenue	9154000
CY2023Q1	pgre	Fee And Other Real Estate Revenue FeeAndOtherRealEstateRevenue	6761000
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5117000
CY2024Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	9865000
CY2024Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	3983000
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	2925000
CY2024Q1	pgre	Non Cash Gain On Extinguishment Of Initial Public Offering Related Tax Liability NonCashGainOnExtinguishmentOfInitialPublicOfferingRelatedTaxLiability	15437000
CY2023Q1	pgre	Non Cash Gain On Extinguishment Of Initial Public Offering Related Tax Liability NonCashGainOnExtinguishmentOfInitialPublicOfferingRelatedTaxLiability	0
CY2024Q1	pgre	Interest And Other Income Loss Net InterestAndOtherIncomeLossNet	19420000
CY2023Q1	pgre	Interest And Other Income Loss Net InterestAndOtherIncomeLossNet	2925000
CY2024Q1	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	37901000
CY2023Q1	us-gaap	Interest Expense Debt Excluding Amortization InterestExpenseDebtExcludingAmortization	34921000
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2368000
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1538000
CY2024Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	40269000
CY2023Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	36459000
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	6194000
CY2023Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	1729000
CY2024Q1	us-gaap	Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Diluted UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesDiluted	9000
CY2024Q1	us-gaap	Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesBasic	9000
CY2023Q1	us-gaap	Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Diluted UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesDiluted	20000
CY2023Q1	us-gaap	Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Basic UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesBasic	20000
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	9856000
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	9856000
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	1709000
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1709000
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	217106000
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	216563000
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	80
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	54
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	217186000
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	216617000
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21928000
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	17335000
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2
CY2024Q1	pgre	Property Related Revenues Including Discontinued Operations PropertyRelatedRevenuesIncludingDiscontinuedOperations	182629000
CY2024Q1	pgre	Operating Costs And Expenses Including Discontinued Operations OperatingCostsAndExpensesIncludingDiscontinuedOperations	71740000
CY2024Q1	pgre	Net Operating Income Attributable To Noncontrolling Interests In Consolidated Joint Ventures NetOperatingIncomeAttributableToNoncontrollingInterestsInConsolidatedJointVentures	22908000
CY2024Q1	pgre	Net Operating Income From Equity Method Investments NetOperatingIncomeFromEquityMethodInvestments	5602000
CY2024Q1	pgre	Net Operating Income NetOperatingIncome	93583000
CY2023Q1	pgre	Property Related Revenues Including Discontinued Operations PropertyRelatedRevenuesIncludingDiscontinuedOperations	183917000
CY2023Q1	pgre	Operating Costs And Expenses Including Discontinued Operations OperatingCostsAndExpensesIncludingDiscontinuedOperations	70309000
CY2023Q1	pgre	Net Operating Income Attributable To Noncontrolling Interests In Consolidated Joint Ventures NetOperatingIncomeAttributableToNoncontrollingInterestsInConsolidatedJointVentures	22712000
CY2023Q1	pgre	Net Operating Income From Equity Method Investments NetOperatingIncomeFromEquityMethodInvestments	5305000
CY2023Q1	pgre	Net Operating Income NetOperatingIncome	96201000
CY2024Q1	pgre	Net Operating Income NetOperatingIncome	93583000
CY2023Q1	pgre	Net Operating Income NetOperatingIncome	96201000
CY2024Q1	pgre	Net Operating Income Attributable To Noncontrolling Interests In Consolidated Joint Ventures NetOperatingIncomeAttributableToNoncontrollingInterestsInConsolidatedJointVentures	22908000
CY2023Q1	pgre	Net Operating Income Attributable To Noncontrolling Interests In Consolidated Joint Ventures NetOperatingIncomeAttributableToNoncontrollingInterestsInConsolidatedJointVentures	22712000
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	6248000
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4557000
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	61114000
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	58888000
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	16634000
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14623000
CY2024Q1	pgre	Income Loss From Real Estate Fund Investments IncomeLossFromRealEstateFundInvestments	-43000
CY2023Q1	pgre	Income Loss From Real Estate Fund Investments IncomeLossFromRealEstateFundInvestments	3550000
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1346000
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-5762000
CY2024Q1	pgre	Net Operating Income From Equity Method Investments NetOperatingIncomeFromEquityMethodInvestments	5602000
CY2023Q1	pgre	Net Operating Income From Equity Method Investments NetOperatingIncomeFromEquityMethodInvestments	5305000
CY2024Q1	pgre	Interest And Other Income Loss Net InterestAndOtherIncomeLossNet	19420000
CY2023Q1	pgre	Interest And Other Income Loss Net InterestAndOtherIncomeLossNet	2925000
CY2024Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	40269000
CY2023Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	36459000
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-73000
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-306000
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	17078000
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	8602000
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	347000
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	288000
CY2024Q1	us-gaap	Profit Loss ProfitLoss	16731000
CY2023Q1	us-gaap	Profit Loss ProfitLoss	8314000
CY2024Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	5206000
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable	5641000
CY2024Q1	pgre	Noncontrolling Interest In Net Income Loss Real Estate Funds NoncontrollingInterestInNetIncomeLossRealEstateFunds	762000
CY2023Q1	pgre	Noncontrolling Interest In Net Income Loss Real Estate Funds NoncontrollingInterestInNetIncomeLossRealEstateFunds	823000
CY2024Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	898000
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	121000
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	9865000
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1729000
CY2024Q1	us-gaap	Assets Assets	7929725000
CY2023Q4	us-gaap	Assets Assets	8006215000
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	pgre	Non Rule10 B51 Arr Modified Flag NonRule10B51ArrModifiedFlag	false
CY2024Q1	pgre	Rule10 B51 Arr Modified Flag Rule10B51ArrModifiedFlag	false

Files In Submission

Name	View Source	Status
0000950170-24-051313-index-headers.html	Edgar Link	pending
0000950170-24-051313-index.html	Edgar Link	pending
0000950170-24-051313.txt	Edgar Link	pending
0000950170-24-051313-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
pgre-20240331.htm	Edgar Link	pending
pgre-20240331.xsd	Edgar Link	pending
pgre-ex31_1.htm	Edgar Link	pending
pgre-ex31_2.htm	Edgar Link	pending
pgre-ex32_1.htm	Edgar Link	pending
pgre-ex32_2.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
pgre-20240331_htm.xml	Edgar Link	completed
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R84.htm	Edgar Link	pending
R85.htm	Edgar Link	pending
R86.htm	Edgar Link	pending
R87.htm	Edgar Link	pending
R88.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$PGRE
Paramount Group Inc Stock $pgre

2024 Q2 Form 10-Q Financial Statement

#000095017024051313 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PGRE Paramount Group Inc Stock $pgre

2024 Q2 Form 10-Q Financial Statement

#000095017024051313 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PGRE
Paramount Group Inc Stock $pgre