2018 Q4 Form 10-Q Financial Statement

#000156459018026642 Filed on November 05, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $190.7M $192.6M $180.3M
YoY Change 5.78% 7.13% 8.07%
Cost Of Revenue $67.60M $69.80M $68.40M
YoY Change -1.17% 2.2% 8.4%
Gross Profit $123.0M $122.8M $111.8M
YoY Change 10.02% 10.13% 7.81%
Gross Profit Margin 64.51% 63.76% 62.02%
Selling, General & Admin $13.30M $14.50M $17.00M
YoY Change -21.76% 0.0% 19.72%
% of Gross Profit 10.81% 11.81% 15.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $63.70M $64.60M $67.90M
YoY Change -6.19% -2.86% 11.31%
% of Gross Profit 51.79% 52.61% 60.73%
Operating Expenses $77.00M $79.00M $84.90M
YoY Change -9.31% -47.17% 13.05%
Operating Profit $46.00M $43.80M $26.90M
YoY Change 71.0% 44.81% -5.94%
Interest Expense -$33.70M $34.35M -$33.80M
YoY Change -0.3% 4.37% 11.18%
% of Operating Profit -73.26% 78.43% -125.65%
Other Income/Expense, Net -$2.200M $166.0K $1.600M
YoY Change -237.5% -79.25% 700.0%
Pretax Income $9.600M $46.08M -$6.300M
YoY Change -252.38% -274.44% 3050.0%
Income Tax $1.000M $1.814M $900.0K
% Of Pretax Income 10.42% 3.94%
Net Earnings $5.318M $37.53M -$6.793M
YoY Change -178.29% -467.45% 4.68%
Net Earnings / Revenue 2.79% 19.49% -3.77%
Basic Earnings Per Share $0.02 $0.16 -$0.03
Diluted Earnings Per Share $0.02 $0.16 -$0.03
COMMON SHARES
Basic Shares Outstanding 237.3M 240.4M
Diluted Shares Outstanding 240.5M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $362.3M $538.7M $248.4M
YoY Change 45.85% 191.19% 34.02%
Cash & Equivalents $339.7M $538.7M $219.4M
Short-Term Investments $22.66M $29.04M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $20.10M $16.20M $17.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $359.8M $554.9M $236.5M
YoY Change 52.14% 179.12% 32.64%
LONG-TERM ASSETS
Property, Plant & Equipment $7.457B $7.465B $7.842B
YoY Change -4.9% -5.06% 4.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $147.9M $146.9M $116.9M
YoY Change 26.52% 24.7% 4.38%
Other Assets $411.1M $396.8M $350.5M
YoY Change 17.29% 20.1% -42.63%
Total Long-Term Assets $8.396B $8.386B $8.681B
YoY Change -3.28% -3.88% -0.09%
TOTAL ASSETS
Total Short-Term Assets $359.8M $554.9M $236.5M
Total Long-Term Assets $8.396B $8.386B $8.681B
Total Assets $8.756B $8.941B $8.918B
YoY Change -1.81% 0.19% 0.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $124.3M $134.0M $117.6M
YoY Change 5.7% 37.15% 13.19%
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 $150.2M $160.6M $142.8M
YoY Change 5.18% 30.68% 10.61%
LONG-TERM LIABILITIES
Long-Term Debt $3.567B $3.592B $3.569B
YoY Change -0.05% 0.72% -1.48%
Other Long-Term Liabilities $147.2M $159.2M $184.1M
YoY Change -20.04% -17.34% -19.43%
Total Long-Term Liabilities $3.714B $3.751B $3.753B
YoY Change -1.03% -0.21% -2.54%
TOTAL LIABILITIES
Total Short-Term Liabilities $150.2M $160.6M $142.8M
Total Long-Term Liabilities $3.714B $3.751B $3.753B
Total Liabilities $3.864B $4.808B $4.741B
YoY Change -18.49% 23.85% 19.08%
SHAREHOLDERS EQUITY
Retained Earnings -$219.9M
YoY Change
Common Stock $4.204B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.001B $4.133B $4.177B
YoY Change
Total Liabilities & Shareholders Equity $8.756B $8.941B $8.918B
YoY Change -1.81% 0.19% 0.57%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income $5.318M $37.53M -$6.793M
YoY Change -178.29% -467.45% 4.68%
Depreciation, Depletion And Amortization $63.70M $64.60M $67.90M
YoY Change -6.19% -2.86% 11.31%
Cash From Operating Activities $22.30M $27.70M $88.00M
YoY Change -74.66% 19.91% 17.49%
INVESTING ACTIVITIES
Capital Expenditures -$52.30M -$34.00M -$27.20M
YoY Change 92.28% -81.85% -94.99%
Acquisitions
YoY Change
Other Investing Activities -$14.20M $338.1M $1.100M
YoY Change -1390.91% 1888.82% -97.93%
Cash From Investing Activities -$66.50M $304.1M -$26.10M
YoY Change 154.79% -278.57% -94.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -160.0M -28.40M -28.90M
YoY Change 453.63% -142.14% -105.84%
NET CHANGE
Cash From Operating Activities 22.30M 27.70M 88.00M
Cash From Investing Activities -66.50M 304.1M -26.10M
Cash From Financing Activities -160.0M -28.40M -28.90M
Net Change In Cash -204.2M 303.4M 33.00M
YoY Change -718.79% -480.2% -58.54%
FREE CASH FLOW
Cash From Operating Activities $22.30M $27.70M $88.00M
Capital Expenditures -$52.30M -$34.00M -$27.20M
Free Cash Flow $74.60M $61.70M $115.2M
YoY Change -35.24% -70.67% -81.36%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Nature Of Operations
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<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1.&nbsp;&nbsp;&nbsp;&nbsp; Organization and Business</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:3.33%;font-size:9pt;">&nbsp;</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:3.33%;font-size:9pt;">&nbsp;</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:3.33%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As used in these consolidated financial statements, unless otherwise indicated, all references to &#8220;we,&#8221; &#8220;us,&#8221; &#8220;our,&#8221; the &#8220;Company,&#8221;&#160; and &#8220;Paramount&#8221; refer to Paramount Group, Inc., a Maryland corporation, and its consolidated subsidiaries, including Paramount Group Operating Partnership LP (the &#8220;Operating Partnership&#8221;), a Delaware limited partnership. We are a fully-integrated real estate investment trust (&#8220;REIT&#8221;) focused on owning, operating, managing, acquiring and redeveloping high-quality, Class A office properties in select central business district submarkets of New York City, Washington, D.C. and San Francisco. As of September 30, 2018, our portfolio consisted of 12 Class A office properties aggregating approximately 11.9 million square feet. 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 90.5% of, the Operating Partnership as of September 30, 2018.</p></div>
CY2018Q3 us-gaap Number Of Real Estate Properties
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us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:4.54%;font-size:9pt;">&nbsp;</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:3.33%;">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 and nine months ended September 30, 2018, are not necessarily indicative of the operating results for the full year.</p></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Reclassification </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:3.33%;">Certain prior year balances have been reclassified to conform to current year presentation.</p></div>
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.905
CY2018Q3 pgre Capitalized Internal Leasing Costs
CapitalizedInternalLeasingCosts
1169000
CY2017Q4 pgre Preferred Equity Investment Gross
PreferredEquityInvestmentGross
55405000
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
518207000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
553063000
CY2018Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
186550000
CY2017Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
205101000
CY2018Q3 pgre Below Market Lease Amortization Income Net Of Above Market Lease Amortization Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeNetOfAboveMarketLeaseAmortizationRemainderOfFiscalYear
11851000
CY2018Q3 pgre Below Market Lease Amortization Income Net Of Above Market Lease Amortization Year Two
BelowMarketLeaseAmortizationIncomeNetOfAboveMarketLeaseAmortizationYearTwo
6654000
CY2018Q3 pgre Below Market Lease Amortization Income Net Of Above Market Lease Amortization Year Three
BelowMarketLeaseAmortizationIncomeNetOfAboveMarketLeaseAmortizationYearThree
3361000
CY2018Q3 pgre Below Market Lease Amortization Income Net Of Above Market Lease Amortization Year Four
BelowMarketLeaseAmortizationIncomeNetOfAboveMarketLeaseAmortizationYearFour
892000
CY2018Q3 pgre Below Market Lease Amortization Income Net Of Above Market Lease Amortization Year Five
BelowMarketLeaseAmortizationIncomeNetOfAboveMarketLeaseAmortizationYearFive
4407000
CY2018Q3 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0369
CY2018Q3 us-gaap Notes And Loans Payable
NotesAndLoansPayable
3599800000
pgre Capitalized Internal Leasing Costs
CapitalizedInternalLeasingCosts
4276000
CY2017Q3 pgre Capitalized Internal Leasing Costs
CapitalizedInternalLeasingCosts
1491000
pgre Capitalized Internal Leasing Costs
CapitalizedInternalLeasingCosts
4488000
pgre Distributions Made In Excess Of Share Of Earnings Recognized Negative Basis
DistributionsMadeInExcessOfShareOfEarningsRecognizedNegativeBasis
20256
CY2017Q3 pgre Equity Method Investment Summarized Financial Information Realized Gain Losses Net
EquityMethodInvestmentSummarizedFinancialInformationRealizedGainLossesNet
-839000
pgre Equity Method Investment Summarized Financial Information Realized Gain Losses Net
EquityMethodInvestmentSummarizedFinancialInformationRealizedGainLossesNet
-665000
CY2018Q3 pgre Equity Method Investment Summarized Financial Information Unrealized Gain Losses Net
EquityMethodInvestmentSummarizedFinancialInformationUnrealizedGainLossesNet
-270000
CY2017Q3 pgre Equity Method Investment Summarized Financial Information Unrealized Gain Losses Net
EquityMethodInvestmentSummarizedFinancialInformationUnrealizedGainLossesNet
202000
pgre Equity Method Investment Summarized Financial Information Unrealized Gain Losses Net
EquityMethodInvestmentSummarizedFinancialInformationUnrealizedGainLossesNet
-475000
pgre Equity Method Investment Summarized Financial Information Unrealized Gain Losses Net
EquityMethodInvestmentSummarizedFinancialInformationUnrealizedGainLossesNet
-26000
CY2018Q3 pgre Preferred Equity Ownership Percentage
PreferredEquityOwnershipPercentage
0.244
CY2018Q3 pgre Preferred Equity Investment Gross
PreferredEquityInvestmentGross
35983000
CY2017Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
3583100000
CY2018Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
0
CY2018Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
236674
CY2018Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3569000
CY2018Q3 pgre Shares Repurchased During Period Weighted Average Price Per Share
SharesRepurchasedDuringPeriodWeightedAveragePricePerShare
15.08
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4161000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-697000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
24363000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5226000
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-769000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1435000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-625000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
5955000
CY2018Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0
CY2017Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0
CY2018Q3 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
379166000
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
390231000
us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
one-for-one
CY2018Q3 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
33276000
CY2018Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
59944000
CY2017Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
9855000
CY2017Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
38894000
CY2017Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
317000
CY2017Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
317000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4079000
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5834000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12953000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19838000
CY2018Q3 pgre Lease Termination Income
LeaseTerminationIncome
1561000
CY2017Q3 pgre Lease Termination Income
LeaseTerminationIncome
954000
pgre Lease Termination Income
LeaseTerminationIncome
1618000
pgre Lease Termination Income
LeaseTerminationIncome
1915000
CY2018Q3 us-gaap Other Income
OtherIncome
3443000
CY2017Q3 us-gaap Other Income
OtherIncome
2545000
us-gaap Other Income
OtherIncome
9858000
us-gaap Other Income
OtherIncome
8235000
CY2018Q3 pgre Preferred Equity Investment Income
PreferredEquityInvestmentIncome
930000
CY2017Q3 pgre Preferred Equity Investment Income
PreferredEquityInvestmentIncome
961000
pgre Preferred Equity Investment Income
PreferredEquityInvestmentIncome
2746000
pgre Preferred Equity Investment Income
PreferredEquityInvestmentIncome
3327000
CY2018Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
858000
CY2017Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
147000
us-gaap Interest And Other Income
InterestAndOtherIncome
2862000
us-gaap Interest And Other Income
InterestAndOtherIncome
743000
CY2018Q3 pgre Investment Income Loss On Investments In Deferred Compensation Plan
InvestmentIncomeLossOnInvestmentsInDeferredCompensationPlan
990000
CY2017Q3 pgre Investment Income Loss On Investments In Deferred Compensation Plan
InvestmentIncomeLossOnInvestmentsInDeferredCompensationPlan
812000
pgre Investment Income Loss On Investments In Deferred Compensation Plan
InvestmentIncomeLossOnInvestmentsInDeferredCompensationPlan
1280000
pgre Investment Income Loss On Investments In Deferred Compensation Plan
InvestmentIncomeLossOnInvestmentsInDeferredCompensationPlan
3536000
CY2017Q3 pgre Loss Accrual On Preferred Equity Investment
LossAccrualOnPreferredEquityInvestment
19588000
CY2018Q3 us-gaap Interest Expense
InterestExpense
34353000
CY2017Q3 us-gaap Interest Expense
InterestExpense
32914000
us-gaap Interest Expense
InterestExpense
101729000
us-gaap Interest Expense
InterestExpense
99201000
CY2018Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2752000
CY2017Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2819000
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
4330000
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
3825000
us-gaap Share Based Compensation
ShareBasedCompensation
15245000
us-gaap Share Based Compensation
ShareBasedCompensation
11692000
CY2018Q3 pgre Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDiluted
27000
CY2017Q3 pgre Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDiluted
13000
pgre Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDiluted
63000
pgre Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDiluted
86000
CY2018Q3 pgre Numerator For Income Loss Per Common Share Basic And Diluted
NumeratorForIncomeLossPerCommonShareBasicAndDiluted
37504000
CY2017Q3 pgre Numerator For Income Loss Per Common Share Basic And Diluted
NumeratorForIncomeLossPerCommonShareBasicAndDiluted
-10227000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
41000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
25000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2018Q3 pgre Property Related Revenues
PropertyRelatedRevenues
188517000
CY2018Q3 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
4448000
CY2018Q3 pgre Net Operating Income
NetOperatingIncome
123154000
CY2017Q3 pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
4993000
CY2017Q3 pgre Net Operating Income
NetOperatingIncome
110665000
pgre Property Related Revenues
PropertyRelatedRevenues
555333000
pgre Net Operating Income
NetOperatingIncome
362655000
CY2017Q3 pgre Property Related Revenues
PropertyRelatedRevenues
173936000
pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
13757000
pgre Property Related Revenues
PropertyRelatedRevenues
518872000
pgre Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
14774000
pgre Net Operating Income
NetOperatingIncome
335950000

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