2021 Q3 Form 10-Q Financial Statement
#000156459021052336 Filed on October 27, 2021
Income Statement
Concept | 2021 Q3 | 2020 Q3 |
---|---|---|
Revenue | $6.561M | $176.8M |
YoY Change | -96.29% | -7.57% |
Cost Of Revenue | $67.13M | $67.90M |
YoY Change | -1.13% | -1.31% |
Gross Profit | $112.0M | $108.9M |
YoY Change | 2.85% | -11.03% |
Gross Profit Margin | 1707.06% | 61.6% |
Selling, General & Admin | $13.26M | $16.80M |
YoY Change | -21.09% | 3.07% |
% of Gross Profit | 11.84% | 15.43% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $57.52M | $58.90M |
YoY Change | -2.34% | -6.66% |
% of Gross Profit | 51.36% | 54.09% |
Operating Expenses | $70.78M | $75.60M |
YoY Change | -6.38% | -1.82% |
Operating Profit | $41.22M | $33.30M |
YoY Change | 23.79% | -26.65% |
Interest Expense | -$35.82M | -$39.70M |
YoY Change | -9.77% | -215.07% |
% of Operating Profit | -86.9% | -119.22% |
Other Income/Expense, Net | $189.0K | -$137.0K |
YoY Change | -237.96% | -76.38% |
Pretax Income | $5.505M | -$5.877M |
YoY Change | -193.67% | -179.67% |
Income Tax | $873.0K | $393.0K |
% Of Pretax Income | 15.86% | |
Net Earnings | -$2.055M | -$6.958M |
YoY Change | -70.47% | -198.25% |
Net Earnings / Revenue | -31.32% | -3.94% |
Basic Earnings Per Share | -$0.01 | -$0.03 |
Diluted Earnings Per Share | -$9.396K | -$0.03 |
COMMON SHARES | ||
Basic Shares Outstanding | 218.7M | 221.5M |
Diluted Shares Outstanding | 218.7M | 221.5M |
Balance Sheet
Concept | 2021 Q3 | 2020 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $544.3M | $530.9M |
YoY Change | 2.52% | 66.24% |
Cash & Equivalents | $522.5M | $515.9M |
Short-Term Investments | $21.71M | $14.93M |
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $11.39M | $15.30M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $506.0M | $531.2M |
YoY Change | -4.75% | 66.78% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $6.928B | $7.016B |
YoY Change | -1.24% | -3.09% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $417.6M | $430.5M |
YoY Change | -2.99% | 76.72% |
Other Assets | $481.8M | $581.0M |
YoY Change | -17.07% | 29.6% |
Total Long-Term Assets | $8.040B | $8.275B |
YoY Change | -2.85% | 0.17% |
TOTAL ASSETS | ||
Total Short-Term Assets | $506.0M | $531.2M |
Total Long-Term Assets | $8.040B | $8.275B |
Total Assets | $8.546B | $8.806B |
YoY Change | -2.96% | 2.64% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $117.8M | $109.2M |
YoY Change | 7.84% | -8.54% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $134.7M | $133.4M |
YoY Change | 0.94% | -7.81% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.834B | $3.999B |
YoY Change | -4.11% | 11.8% |
Other Long-Term Liabilities | $113.3M | $121.0M |
YoY Change | -6.39% | -22.24% |
Total Long-Term Liabilities | $3.948B | $4.120B |
YoY Change | -4.18% | 10.39% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $134.7M | $133.4M |
Total Long-Term Liabilities | $3.948B | $4.120B |
Total Liabilities | $4.957B | $5.116B |
YoY Change | -3.11% | 31.96% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $3.589B | $3.690B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $8.546B | $8.807B |
YoY Change | -2.96% | 2.64% |
Cashflow Statement
Concept | 2021 Q3 | 2020 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$2.055M | -$6.958M |
YoY Change | -70.47% | -198.25% |
Depreciation, Depletion And Amortization | $57.52M | $58.90M |
YoY Change | -2.34% | -6.66% |
Cash From Operating Activities | $53.60M | $36.50M |
YoY Change | 46.85% | -63.43% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$22.02M | -$13.70M |
YoY Change | 60.73% | -29.02% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$4.315M | -$3.000M |
YoY Change | 43.83% | -101.38% |
Cash From Investing Activities | -$26.33M | -$16.70M |
YoY Change | 57.69% | -108.41% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | $850.0M | |
YoY Change | ||
Cash From Financing Activities | -12.56M | -29.30M |
YoY Change | -57.13% | -89.58% |
NET CHANGE | ||
Cash From Operating Activities | 53.60M | 36.50M |
Cash From Investing Activities | -26.33M | -16.70M |
Cash From Financing Activities | -12.56M | -29.30M |
Net Change In Cash | 14.71M | -9.500M |
YoY Change | -254.79% | -155.56% |
FREE CASH FLOW | ||
Cash From Operating Activities | $53.60M | $36.50M |
Capital Expenditures | -$22.02M | -$13.70M |
Free Cash Flow | $75.62M | $50.20M |
YoY Change | 50.64% | -57.85% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
995000 | |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
995000 | ||
pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
|
5677000 | ||
pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
|
-15453000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3060000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-22034000 | ||
pgre |
Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Joint Ventures
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInJointVentures
|
16924000 | ||
pgre |
Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Joint Ventures
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInJointVentures
|
5485000 | ||
pgre |
Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Consolidated Real Estate Fund
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInConsolidatedRealEstateFund
|
3191000 | ||
pgre |
Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Consolidated Real Estate Fund
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInConsolidatedRealEstateFund
|
-1283000 | ||
pgre |
Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInOperatingPartnership
|
-1541000 | ||
pgre |
Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interests In Operating Partnership
ComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterestsInOperatingPartnership
|
-2319000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-15514000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-23917000 | ||
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4480123000 | |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
4632000 | |
CY2021Q3 | pgre |
Stock Issued Cancelled During Period Value Share Based Compensation
StockIssuedCancelledDuringPeriodValueShareBasedCompensation
|
-14000 | |
CY2021Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.07 | |
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4553133000 | |
CY2021Q3 | pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
|
928000 | |
CY2021Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4233000 | |
CY2021Q3 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-271000 | |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4463217000 | |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4123000 | |
CY2020Q3 | pgre |
Stock Issued Cancelled During Period Value Share Based Compensation
StockIssuedCancelledDuringPeriodValueShareBasedCompensation
|
-2000 | |
CY2020Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
8520000 | |
CY2020Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.10 | |
CY2020Q3 | us-gaap |
Dividends
Dividends
|
24173000 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4515734000 | |
pgre |
Stock Issued Cancelled During Period Value Share Based Compensation
StockIssuedCancelledDuringPeriodValueShareBasedCompensation
|
-214000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.21 | ||
us-gaap |
Dividends
Dividends
|
50683000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
995000 | ||
pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
|
5677000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
14544000 | ||
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-271000 | ||
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4463217000 | |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4630962000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-6581000 | ||
pgre |
Stock Issued Cancelled During Period Value Share Based Compensation
StockIssuedCancelledDuringPeriodValueShareBasedCompensation
|
-318000 | ||
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
108520000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.30 | ||
us-gaap |
Dividends
Dividends
|
72807000 | ||
pgre |
Minority Interest Increase From Contributions By Noncontrolling Interest Holders
MinorityInterestIncreaseFromContributionsByNoncontrollingInterestHolders
|
11555000 | ||
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
9530000 | ||
pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVentures
|
-15453000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
14252000 | ||
us-gaap |
Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
109573000 | ||
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4553133000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-3612000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-6581000 | ||
pgre |
Depreciation And Amortization Includes Discontinued Operations
DepreciationAndAmortizationIncludesDiscontinuedOperations
|
175752000 | ||
pgre |
Depreciation And Amortization Includes Discontinued Operations
DepreciationAndAmortizationIncludesDiscontinuedOperations
|
176722000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-20810000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14421000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14141000 | ||
pgre |
Straight Line Rent Including Discontinued Operations
StraightLineRentIncludingDiscontinuedOperations
|
7925000 | ||
pgre |
Straight Line Rent Including Discontinued Operations
StraightLineRentIncludingDiscontinuedOperations
|
24170000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
7306000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
6957000 | ||
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
3950000 | ||
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
1688000 | ||
pgre |
Amortization Of Above And Below Market Leases Including Discontinued Operations
AmortizationOfAboveAndBelowMarketLeasesIncludingDiscontinuedOperations
|
-2335000 | ||
pgre |
Amortization Of Above And Below Market Leases Including Discontinued Operations
AmortizationOfAboveAndBelowMarketLeasesIncludingDiscontinuedOperations
|
-4653000 | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
1271000 | ||
us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
129000 | ||
pgre |
Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
|
604000 | ||
pgre |
Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
|
85000 | ||
pgre |
Unconsolidated Real Estate Funds Dividends Or Distributions
UnconsolidatedRealEstateFundsDividendsOrDistributions
|
535000 | ||
pgre |
Unconsolidated Real Estate Funds Dividends Or Distributions
UnconsolidatedRealEstateFundsDividendsOrDistributions
|
480000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2330000 | ||
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-231000 | ||
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-6118000 | ||
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-3942000 | ||
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
12664000 | ||
us-gaap |
Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
|
10116000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
30014000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
36068000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
12830000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2827000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2433000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-61000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
188060000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
139569000 | ||
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
74134000 | ||
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
60348000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
21562000 | ||
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
12207000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
18305000 | ||
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
19049000 | ||
pgre |
Investments In And Contributions Of Capital To Unconsolidated Joint Ventures
InvestmentsInAndContributionsOfCapitalToUnconsolidatedJointVentures
|
11750000 | ||
pgre |
Proceeds From Unconsolidated Real Estate Funds Capital Distributions
ProceedsFromUnconsolidatedRealEstateFundsCapitalDistributions
|
3959000 | ||
pgre |
Payments For Contributions To Unconsolidated Real Estate Funds
PaymentsForContributionsToUnconsolidatedRealEstateFunds
|
3198000 | ||
pgre |
Payments For Contributions To Unconsolidated Real Estate Funds
PaymentsForContributionsToUnconsolidatedRealEstateFunds
|
2945000 | ||
us-gaap |
Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
|
36918000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-88380000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-19533000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
888566000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
9791000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
850000000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
45970000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
67165000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
10593000 | ||
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
4612000 | ||
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
6724000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
214000 | ||
pgre |
Payments For Purchase Of Interest Rate Caps
PaymentsForPurchaseOfInterestRateCaps
|
140000 | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
121000 | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
11555000 | ||
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
163082000 | ||
us-gaap |
Proceeds From Sale Of Interest In Corporate Unit
ProceedsFromSaleOfInterestInCorporateUnit
|
111984000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
108520000 | ||
pgre |
Repayment Of Note Payable Issued In Connection With Acquisition Of Noncontrolling Interest In Consolidated Real Estate Fund
RepaymentOfNotePayableIssuedInConnectionWithAcquisitionOfNoncontrollingInterestInConsolidatedRealEstateFund
|
8771000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-42458000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
95384000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
57222000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
215420000 | ||
pgre |
Dividends And Distributions Declared But Not Paid
DividendsAndDistributionsDeclaredButNotPaid
|
16897000 | ||
CY2020Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
30794000 | |
pgre |
Common Shares Issued Upon Redemption Of Common Units
CommonSharesIssuedUponRedemptionOfCommonUnits
|
85710000 | ||
CY2021Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
27977000 | |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
522546000 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
98917000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
102379000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
970000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1440000 | ||
pgre |
Dividends And Distributions Declared But Not Paid
DividendsAndDistributionsDeclaredButNotPaid
|
24173000 | ||
pgre |
Assets Written Off
AssetsWrittenOff
|
43232000 | ||
pgre |
Assets Written Off
AssetsWrittenOff
|
8677000 | ||
pgre |
Common Shares Issued Upon Redemption Of Common Units
CommonSharesIssuedUponRedemptionOfCommonUnits
|
165000 | ||
pgre |
Change In Fair Value Of Interest Rate Swaps And Interest Rate Caps
ChangeInFairValueOfInterestRateSwapsAndInterestRateCaps
|
995000 | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.33%;white-space:nowrap" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1.</span></p></td> <td valign="top"> <p id="NOTES_TO_CONSOL_FIN_STAT" style="margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;">Organization and Business</p></td></tr></table></div> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:3.33%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:3.33%;font-family:Times New Roman;font-size:10pt;"> </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 “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 (the “Operating Partnership”), a Delaware limited 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. As of September 30, 2021, our portfolio consisted of 13 Class A properties aggregating 12.9 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 90.9% of, the Operating Partnership as of September 30, 2021.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:3.33%;font-family:Times New Roman;font-size:10pt;"> </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;">In March 2020, the World Health Organization declared coronavirus 2019 (“COVID-19”) a global pandemic. The outbreak of COVID-19 caused severe disruptions in the global economy. These disruptions have adversely impacted businesses and financial markets, including that of New York and San Francisco, the markets in which we operate and where all of our assets are located. As a result, several of our tenants sought deferrals and/or short-term relief of their rental obligations and we provided relief to select tenants.</p> <p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:3.33%;font-family:Times New Roman;font-size:10pt;"> </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;">The U.S. Food and Drug Administration has approved the use of one COVID-19 vaccine and has issued emergency use authorizations of two additional vaccines for the prevention of COVID-19. The availability of these vaccines has resulted in a significant portion of the population in New York and San Francisco being vaccinated and enabled New York and San Francisco to lift most COVID-19 restrictions. Notwithstanding the vaccination success, multiple variants of the virus that cause COVID-19 continue to persist globally and in the United States. While we continue to navigate the crisis and monitor the impact of the pandemic on our business, the fluidity of the situation precludes us at this time from making any predictions as to the ultimate impact COVID-19 may have on our future financial condition, results of operations and cash flows.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;"> </p> | ||
CY2021Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
13 | |
CY2021Q3 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
12900000 | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<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-family:Times New Roman;font-size:10pt;"> </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;">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, 2021, are not necessarily indicative of the operating results for the full year.</p> | ||
CY2021Q3 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
405391000 | |
CY2021Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
223000 | |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4268000 | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-20810000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-14444000 | ||
CY2021Q3 | us-gaap |
Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
|
12225000 | |
CY2020Q4 | us-gaap |
Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
|
12917000 | |
CY2021Q3 | pgre |
Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
|
276000 | |
CY2020Q3 | pgre |
Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
|
-56000 | |
pgre |
Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
|
604000 | ||
pgre |
Income Loss From Unconsolidated Real Estate Fund
IncomeLossFromUnconsolidatedRealEstateFund
|
85000 | ||
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
377109000 | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
436851000 | |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
249580000 | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
283332000 | |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
127529000 | |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
153519000 | |
CY2021Q3 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
156104000 | |
CY2020Q4 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
163977000 | |
CY2021Q3 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
108249000 | |
CY2020Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
107981000 | |
CY2021Q3 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
47855000 | |
CY2020Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
55996000 | |
CY2021Q3 | pgre |
Amortization Of Above And Below Market Leases Next Twelve Months
AmortizationOfAboveAndBelowMarketLeasesNextTwelveMonths
|
-1345000 | |
CY2021Q3 | pgre |
Amortization Of Above And Below Market Leases Year Two
AmortizationOfAboveAndBelowMarketLeasesYearTwo
|
-5080000 | |
CY2021Q3 | pgre |
Amortization Of Above And Below Market Leases Year Three
AmortizationOfAboveAndBelowMarketLeasesYearThree
|
-6020000 | |
CY2021Q3 | pgre |
Amortization Of Above And Below Market Leases Year Four
AmortizationOfAboveAndBelowMarketLeasesYearFour
|
-4674000 | |
CY2021Q3 | pgre |
Amortization Of Above And Below Market Leases Year Five
AmortizationOfAboveAndBelowMarketLeasesYearFive
|
-2801000 | |
CY2021Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
850000000 | |
CY2021Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0340 | |
CY2021Q3 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
3858000000 | |
CY2020Q4 | us-gaap |
Notes And Loans Payable
NotesAndLoansPayable
|
3819434000 | |
CY2021Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
23555000 | |
CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
18695000 | |
CY2021Q3 | pgre |
Notes And Loans Payable Net
NotesAndLoansPayableNet
|
3834445000 | |
CY2020Q4 | pgre |
Notes And Loans Payable Net
NotesAndLoansPayableNet
|
3800739000 | |
CY2021Q3 | us-gaap |
Interest Rate Derivatives At Fair Value Net
InterestRateDerivativesAtFairValueNet
|
1053000 | |
CY2019Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
200000000 | |
CY2020 | pgre |
Shares Repurchased During Period Price Per Share
SharesRepurchasedDuringPeriodPricePerShare
|
8.69 | |
CY2020 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
120000000 | |
pgre |
Shares Repurchased During Period Price Per Share
SharesRepurchasedDuringPeriodPricePerShare
|
8.98 | ||
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
108520000 | ||
CY2021Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
80000000 | |
CY2020Q3 | pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1
|
-62000 | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
324000 | ||
CY2021Q3 | pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1
|
-88000 | |
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
671000 | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
671000 | ||
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
324000 | |
pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1
|
2693000 | ||
pgre |
Pro Rata Share Of Other Comprehensive Income Loss Of Unconsolidated Joint Ventures Before Reclassification After Tax1
ProRataShareOfOtherComprehensiveIncomeLossOfUnconsolidatedJointVenturesBeforeReclassificationAfterTax1
|
-16734000 | ||
CY2021Q3 | pgre |
Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures
ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures
|
1016000 | |
CY2020Q3 | pgre |
Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures
ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures
|
966000 | |
pgre |
Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures
ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures
|
2984000 | ||
pgre |
Pro Rata Share Of Reclassification From Accumulated Other Comprehensive Income Related To Unconsolidated Joint Ventures
ProRataShareOfReclassificationFromAccumulatedOtherComprehensiveIncomeRelatedToUnconsolidatedJointVentures
|
1281000 | ||
CY2021Q3 | us-gaap |
Minority Interest In Joint Ventures
MinorityInterestInJointVentures
|
435142000 | |
CY2020Q4 | us-gaap |
Minority Interest In Joint Ventures
MinorityInterestInJointVentures
|
437161000 | |
CY2021Q3 | pgre |
Minority Interest In Real Estate Funds
MinorityInterestInRealEstateFunds
|
82209000 | |
CY2020Q4 | pgre |
Minority Interest In Real Estate Funds
MinorityInterestInRealEstateFunds
|
79017000 | |
CY2021Q3 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
357185000 | |
CY2020Q4 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
346379000 | |
CY2021Q3 | us-gaap |
Marketable Securities
MarketableSecurities
|
21706000 | |
CY2021Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
22841000 | |
CY2020Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
17178000 | |
CY2020Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
17178000 | |
CY2021Q3 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
158400000 | |
CY2020Q3 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
153065000 | |
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
478670000 | ||
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
467609000 | ||
CY2021Q3 | us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
12451000 | |
CY2020Q3 | us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
12355000 | |
us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
39955000 | ||
us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
37225000 | ||
CY2021Q3 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
170851000 | |
CY2020Q3 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
165420000 | |
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
518625000 | ||
us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
504834000 | ||
CY2020Q3 | pgre |
Writeoff Of Straight Line Rent Receivable
WriteoffOfStraightLineRentReceivable
|
14863000 | |
pgre |
Writeoff Of Straight Line Rent Receivable
WriteoffOfStraightLineRentReceivable
|
26172000 | ||
pgre |
Accounts Receivable Reserve Expense
AccountsReceivableReserveExpense
|
2051000 | ||
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
161526000 | |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
634446000 | |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
620383000 | |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
596696000 | |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
541026000 | |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
445087000 | |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
2168408000 | |
CY2021Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
5167572000 | |
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6561000 | |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9153000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
19432000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
21692000 | ||
CY2021Q3 | us-gaap |
Other Income
OtherIncome
|
1719000 | |
CY2020Q3 | us-gaap |
Other Income
OtherIncome
|
2202000 | |
us-gaap |
Other Income
OtherIncome
|
4509000 | ||
us-gaap |
Other Income
OtherIncome
|
5353000 | ||
CY2021Q3 | pgre |
Fee And Other Real Estate Revenue
FeeAndOtherRealEstateRevenue
|
8280000 | |
CY2020Q3 | pgre |
Fee And Other Real Estate Revenue
FeeAndOtherRealEstateRevenue
|
11355000 | |
pgre |
Fee And Other Real Estate Revenue
FeeAndOtherRealEstateRevenue
|
23941000 | ||
pgre |
Fee And Other Real Estate Revenue
FeeAndOtherRealEstateRevenue
|
27045000 | ||
CY2021Q3 | pgre |
Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
|
138000 | |
CY2020Q3 | pgre |
Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
|
1104000 | |
pgre |
Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
|
2510000 | ||
CY2021Q3 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
33600000 | |
CY2020Q3 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
33472000 | |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
98613000 | ||
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
101463000 | ||
CY2021Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2666000 | |
CY2020Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2320000 | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
7306000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
6957000 | ||
CY2021Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
36266000 | |
CY2020Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
35792000 | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
105919000 | ||
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
108420000 | ||
CY2021Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4192000 | |
CY2020Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4503000 | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14421000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14141000 | ||
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-2055000 | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-8921000 | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-21576000 | ||
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-15187000 | ||
CY2021Q3 | pgre |
Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Continuing Operation
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDilutedOnContinuingOperation
|
17000 | |
CY2020Q3 | pgre |
Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Continuing Operation
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDilutedOnContinuingOperation
|
14000 | |
pgre |
Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Continuing Operation
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDilutedOnContinuingOperation
|
54000 | ||
pgre |
Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Continuing Operation
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDilutedOnContinuingOperation
|
40000 | ||
CY2021Q3 | pgre |
Numerator For Income From Continuing Operations Per Common Share Basic And Diluted
NumeratorForIncomeFromContinuingOperationsPerCommonShareBasicAndDiluted
|
-2072000 | |
CY2020Q3 | pgre |
Numerator For Income From Continuing Operations Per Common Share Basic And Diluted
NumeratorForIncomeFromContinuingOperationsPerCommonShareBasicAndDiluted
|
-8935000 | |
pgre |
Numerator For Income From Continuing Operations Per Common Share Basic And Diluted
NumeratorForIncomeFromContinuingOperationsPerCommonShareBasicAndDiluted
|
-21630000 | ||
pgre |
Numerator For Income From Continuing Operations Per Common Share Basic And Diluted
NumeratorForIncomeFromContinuingOperationsPerCommonShareBasicAndDiluted
|
-15227000 | ||
CY2020Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
1963000 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
5307000 | ||
CY2020Q3 | pgre |
Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Discontinued Operation
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDilutedOnDiscontinuedOperation
|
4000 | |
pgre |
Earnings Loss Allocated To Unvested Participating Securities Basic And Diluted On Discontinued Operation
EarningsLossAllocatedToUnvestedParticipatingSecuritiesBasicAndDilutedOnDiscontinuedOperation
|
14000 | ||
CY2020Q3 | pgre |
Numerator For Income Loss Per Common Share Basic And Diluted On Discontinued Operation
NumeratorForIncomeLossPerCommonShareBasicAndDilutedOnDiscontinuedOperation
|
1959000 | |
pgre |
Numerator For Income Loss Per Common Share Basic And Diluted On Discontinued Operation
NumeratorForIncomeLossPerCommonShareBasicAndDilutedOnDiscontinuedOperation
|
5293000 | ||
CY2021Q3 | pgre |
Numerator For Income Loss Per Common Share Basic And Diluted
NumeratorForIncomeLossPerCommonShareBasicAndDiluted
|
-2072000 | |
CY2020Q3 | pgre |
Numerator For Income Loss Per Common Share Basic And Diluted
NumeratorForIncomeLossPerCommonShareBasicAndDiluted
|
-6976000 | |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
218706000 | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
221461000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
218690000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
223593000 | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
218706000 | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
221461000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
218690000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
223593000 | ||
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.01 | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.04 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.10 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.07 | ||
CY2020Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
|
0.01 | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
|
0.03 | ||
CY2021Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.03 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.10 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.04 | ||
CY2021Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
23862000 | |
CY2020Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
22941000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
23785000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
23795000 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | ||
CY2021Q3 | pgre |
Property Related Revenues Including Discontinued Operations
PropertyRelatedRevenuesIncludingDiscontinuedOperations
|
172570000 | |
CY2021Q3 | pgre |
Operating Costs And Expenses Including Discontinued Operations
OperatingCostsAndExpensesIncludingDiscontinuedOperations
|
67131000 | |
CY2021Q3 | pgre |
Net Operating Income
NetOperatingIncome
|
117066000 | |
CY2020Q3 | pgre |
Property Related Revenues Including Discontinued Operations
PropertyRelatedRevenuesIncludingDiscontinuedOperations
|
171263000 | |
CY2020Q3 | pgre |
Operating Costs And Expenses Including Discontinued Operations
OperatingCostsAndExpensesIncludingDiscontinuedOperations
|
69349000 | |
pgre |
Property Related Revenues Including Discontinued Operations
PropertyRelatedRevenuesIncludingDiscontinuedOperations
|
523134000 | ||
pgre |
Operating Costs And Expenses Including Discontinued Operations
OperatingCostsAndExpensesIncludingDiscontinuedOperations
|
197821000 | ||
pgre |
Property Related Revenues Including Discontinued Operations
PropertyRelatedRevenuesIncludingDiscontinuedOperations
|
521036000 | ||
pgre |
Operating Costs And Expenses Including Discontinued Operations
OperatingCostsAndExpensesIncludingDiscontinuedOperations
|
203526000 | ||
pgre |
Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
|
36703000 | ||
CY2021Q3 | pgre |
Net Operating Income
NetOperatingIncome
|
117066000 | |
CY2020Q3 | pgre |
Net Operating Income
NetOperatingIncome
|
114849000 | |
pgre |
Net Operating Income
NetOperatingIncome
|
357823000 | ||
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6561000 | |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9153000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
19432000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
21692000 | ||
CY2021Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
57522000 | |
CY2020Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
58889000 | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
175752000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
176032000 | ||
CY2021Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13257000 | |
CY2020Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
16805000 | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
46039000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
46955000 | ||
CY2020Q3 | pgre |
Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
|
12935000 | |
pgre |
Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
|
37097000 | ||
pgre |
Net Operating Income From Equity Method Investments
NetOperatingIncomeFromEquityMethodInvestments
|
36703000 | ||
CY2021Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
223000 | |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4268000 | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-20810000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-14444000 | ||
CY2021Q3 | pgre |
Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
|
138000 | |
CY2020Q3 | pgre |
Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
|
1104000 | |
pgre |
Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
|
2510000 | ||
pgre |
Interest And Other Income Loss Net
InterestAndOtherIncomeLossNet
|
2360000 | ||
CY2021Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
36266000 | |
CY2020Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
35792000 | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
105919000 | ||
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
108420000 | ||
CY2020Q3 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-2157000 | |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-6515000 | ||
CY2021Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
189000 | |
CY2020Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-137000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
101000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-457000 | ||
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5505000 | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-5877000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1164000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-11261000 | ||
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
873000 | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
393000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2448000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1135000 | ||
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
4632000 | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-6270000 | |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-3612000 | ||
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-12396000 | ||
CY2020Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
2147000 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
5815000 | ||
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
4632000 | |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-4123000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-3612000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-6581000 | ||
CY2021Q3 | us-gaap |
Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
|
3768000 | |
CY2020Q3 | us-gaap |
Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
|
3566000 | |
us-gaap |
Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
|
16924000 | ||
us-gaap |
Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
|
5485000 | ||
CY2021Q3 | pgre |
Noncontrolling Interest In Net Income Loss Real Estate Funds
NoncontrollingInterestInNetIncomeLossRealEstateFunds
|
3123000 | |
CY2020Q3 | pgre |
Noncontrolling Interest In Net Income Loss Real Estate Funds
NoncontrollingInterestInNetIncomeLossRealEstateFunds
|
-79000 | |
pgre |
Noncontrolling Interest In Net Income Loss Real Estate Funds
NoncontrollingInterestInNetIncomeLossRealEstateFunds
|
3179000 | ||
pgre |
Noncontrolling Interest In Net Income Loss Real Estate Funds
NoncontrollingInterestInNetIncomeLossRealEstateFunds
|
-1291000 | ||
CY2021Q3 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
-204000 | |
CY2020Q3 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
-652000 | |
us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
-2139000 | ||
us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
-895000 | ||
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2055000 | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6958000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-21576000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-9880000 | ||
CY2021Q3 | us-gaap |
Assets
Assets
|
8545585000 | |
CY2020Q4 | us-gaap |
Assets
Assets
|
8554097000 |