2022 Q1 Form 10-Q Financial Statement

#000104097122000026 Filed on May 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $188.0M $194.6M $226.1M
YoY Change -16.87% -17.16% -28.06%
Cost Of Revenue $79.89M $78.37M $94.40M
YoY Change -15.37% -16.54% -12.51%
Gross Profit $108.1M $116.2M $131.7M
YoY Change -17.94% -17.58% -36.19%
Gross Profit Margin 57.5% 59.72% 58.25%
Selling, General & Admin $24.80M $30.04M $22.90M
YoY Change 8.3% 19.22% 16.84%
% of Gross Profit 22.95% 25.85% 17.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $48.93M $49.25M $66.77M
YoY Change -26.72% -18.59% -5.66%
% of Gross Profit 45.28% 42.38% 50.7%
Operating Expenses $24.80M $80.31M $22.90M
YoY Change 8.3% -11.16% 16.84%
Operating Profit $83.27M $35.90M $108.8M
YoY Change -23.47% -29.05% -41.76%
Interest Expense $32.05M -$66.51M $39.87M
YoY Change -19.6% -143.84% -29.83%
% of Operating Profit 38.49% -185.27% 36.64%
Other Income/Expense, Net $0.00 -$18.10M -$8.200M
YoY Change -100.0% -66.36%
Pretax Income $13.49M -$48.18M -$3.900M
YoY Change -445.77% -124.05% -103.07%
Income Tax $900.0K $700.0K
% Of Pretax Income 6.67%
Net Earnings $11.49M -$45.72M -$3.726M
YoY Change -408.35% -125.89% -103.14%
Net Earnings / Revenue 6.11% -23.5% -1.65%
Basic Earnings Per Share $0.12 -$0.12
Diluted Earnings Per Share $0.11 -$810.5K -$0.12
COMMON SHARES
Basic Shares Outstanding 64.35M shares 66.73M shares 66.96M shares
Diluted Shares Outstanding 70.23M shares 72.00M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $256.6M $286.2M $328.8M
YoY Change -21.97% -2.87% -43.27%
Cash & Equivalents $223.7M $251.4M $305.0M
Short-Term Investments $32.89M $34.75M $23.78M
Other Short-Term Assets
YoY Change
Inventory $49.76M $140.9M
Prepaid Expenses
Receivables $323.0M $325.3M $381.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $596.4M $717.6M $686.0M
YoY Change -13.06% 10.74% -29.93%
LONG-TERM ASSETS
Property, Plant & Equipment $5.762B $5.755B $5.826B
YoY Change -1.1% 6.59% -15.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.001B $2.998B $3.699B
YoY Change -18.86% -21.59% 29.85%
Other Assets $205.9M $210.1M $267.0M
YoY Change -22.87% -26.03% -10.7%
Total Long-Term Assets $10.42B $10.35B $11.36B
YoY Change -8.27% -6.42% -7.22%
TOTAL ASSETS
Total Short-Term Assets $596.4M $717.6M $686.0M
Total Long-Term Assets $10.42B $10.35B $11.36B
Total Assets $11.01B $11.07B $12.04B
YoY Change -8.54% -5.47% -8.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $139.5M $157.6M $120.0M
YoY Change 16.22% 4.35% -24.53%
Accrued Expenses $873.7M $864.1M $478.0M
YoY Change 82.79% 144.09% 22.56%
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 $1.091B $1.261B $677.0M
YoY Change 61.15% 78.15% 6.61%
LONG-TERM LIABILITIES
Long-Term Debt $4.182B $4.120B $5.471B
YoY Change -23.56% -18.91% -12.97%
Other Long-Term Liabilities $450.9M $366.8M $387.0M
YoY Change 16.52% -12.88% 16.92%
Total Long-Term Liabilities $4.633B $4.487B $5.858B
YoY Change -20.91% -18.45% -11.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.091B $1.261B $677.0M
Total Long-Term Liabilities $4.633B $4.487B $5.858B
Total Liabilities $5.724B $5.748B $6.536B
YoY Change -12.42% -7.46% -9.87%
SHAREHOLDERS EQUITY
Retained Earnings $846.6M $975.8M $918.1M
YoY Change -7.78% -3.91% -16.49%
Common Stock $653.0K $672.0K $705.0K
YoY Change -7.38% -6.15% -9.15%
Preferred Stock
YoY Change
Treasury Stock (at cost) $128.7M $126.2M $124.0M
YoY Change 3.71% 1.7% 0.0%
Treasury Stock Shares 1.060M shares 1.027M shares 1.026M shares
Shareholders Equity $4.726B $4.765B $4.911B
YoY Change
Total Liabilities & Shareholders Equity $11.01B $11.07B $12.04B
YoY Change -8.54% -5.47% -8.9%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income $11.49M -$45.72M -$3.726M
YoY Change -408.35% -125.89% -103.14%
Depreciation, Depletion And Amortization $48.93M $49.25M $66.77M
YoY Change -26.72% -18.59% -5.66%
Cash From Operating Activities $81.40M $64.97M $18.60M
YoY Change 337.6% -71.29% -55.74%
INVESTING ACTIVITIES
Capital Expenditures -$61.68M -$94.11M -$49.30M
YoY Change 25.11% -46.68% -73.86%
Acquisitions
YoY Change
Other Investing Activities $75.18M $200.8M $69.50M
YoY Change 8.17% -76.59% 17.4%
Cash From Investing Activities $13.50M $106.7M $20.18M
YoY Change -33.13% -84.34% -115.59%
FINANCING ACTIVITIES
Cash Dividend Paid $66.34M $69.77M
YoY Change -4.92% -12.41%
Common Stock Issuance & Retirement, Net $151.2M $84.09M
YoY Change 79.81% -61.7%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$124.6M -180.6M -$9.971M
YoY Change 1149.26% -78.48% -102.14%
NET CHANGE
Cash From Operating Activities $81.40M 64.97M $18.60M
Cash From Investing Activities $13.50M 106.7M $20.18M
Cash From Financing Activities -$124.6M -180.6M -$9.971M
Net Change In Cash -$29.67M -8.949M $28.81M
YoY Change -202.96% -113.1% -92.41%
FREE CASH FLOW
Cash From Operating Activities $81.40M $64.97M $18.60M
Capital Expenditures -$61.68M -$94.11M -$49.30M
Free Cash Flow $143.1M $159.1M $67.90M
YoY Change 110.72% -60.51% -70.56%

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CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2021Q1 us-gaap Equity Method Investment Realized Gain Loss On Disposal
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CY2022Q1 us-gaap Increase Decrease In Deferred Liabilities
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CY2022Q1 slg Removalof Fully Depreciated Real Estate Assets
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CY2021Q1 slg Removalof Fully Depreciated Real Estate Assets
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1120000 USD
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CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q1 slg Volume Weighted Average Share Price
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1100000000 USD
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CY2021Q1 slg Rental Revenue Increase Decrease Acquired Lease Amortization
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CY2022Q1 us-gaap Finite Lived Intangible Assets Gross
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CY2022Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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FiniteLivedIntangibleAssetsNet
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CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17079000 USD
CY2022Q1 slg Net Intangible Liabilities Transferredto Liabilities Relatedto Assets Heldfor Sale
NetIntangibleLiabilitiesTransferredtoLiabilitiesRelatedtoAssetsHeldforSale
0 USD
CY2022Q1 slg Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
212767000 USD
CY2021Q4 slg Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
212767000 USD
CY2022Q1 slg Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
210454000 USD
CY2021Q4 slg Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
210262000 USD
CY2022Q1 slg Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
2313000 USD
CY2021Q4 slg Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
2505000 USD
CY2022Q1 slg Net Intangible Assets Transferredto Assets Heldfor Sale
NetIntangibleAssetsTransferredtoAssetsHeldforSale
0 USD
CY2021Q4 slg Net Intangible Assets Transferredto Assets Heldfor Sale
NetIntangibleAssetsTransferredtoAssetsHeldforSale
1800000 USD
CY2021Q4 slg Net Intangible Liabilities Transferredto Liabilities Relatedto Assets Heldfor Sale
NetIntangibleLiabilitiesTransferredtoLiabilitiesRelatedtoAssetsHeldforSale
0 USD
CY2022Q1 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-100000 USD
CY2022Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
5000000 USD
CY2022Q1 slg Debt Securities Available For Sale Number Of Securities Sold
DebtSecuritiesAvailableForSaleNumberOfSecuritiesSold
1 security
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
900000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 USD
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</span></div>
CY2022Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to concentrations of credit risk consist primarily of cash investments, debt and preferred equity investments and accounts receivable. We place our cash investments with high quality financial institutions. The collateral securing our debt and preferred equity investments is located in New York City. See Note 5, "Debt and Preferred Equity Investments." </span></div>We perform initial and ongoing evaluations of the credit quality of our tenants and require most tenants to provide security deposits or letters of credit. Though these security deposits and letters of credit are insufficient to meet the total value of a tenant's lease obligation, they are a measure of good faith and a potential source of funds to offset the economic costs associated with lost revenue from that tenant and the costs associated with re-tenanting a space.
CY2022Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassification</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year balances have been reclassified to conform to our current year presentation.</span></div>
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1088723000 USD
CY2020Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1076542000 USD
CY2022Q1 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
6405000 USD
CY2021 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
201446000 USD
CY2022Q1 slg Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Loan Loss Reserve Period Increase Decrease
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateLoanLossReservePeriodIncreaseDecrease
0 USD
CY2021 slg Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Loan Loss Reserve Period Increase Decrease
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateLoanLossReservePeriodIncreaseDecrease
6583000 USD
CY2022Q1 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1107870000 USD
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1088723000 USD
CY2022Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
1107870000 USD
CY2022Q1 slg Mortgage Loanson Real Estate Senior Financing
MortgageLoansonRealEstateSeniorFinancing
6663176000 USD
CY2021Q4 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
6630000 USD
CY2020Q4 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
13213000 USD
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
0 USD
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
6583000 USD
CY2022Q1 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
6630000 USD
CY2021Q4 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
6630000 USD
CY2022Q1 slg Financing Receivable Nonaccrual No Allowance Number
FinancingReceivableNonaccrualNoAllowanceNumber
1 loan
CY2022Q1 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
225400000 USD
CY2021Q4 slg Number Of Investments Nonperforming
NumberOfInvestmentsNonperforming
2 investment
CY2022Q1 slg Number Of Investments Nonperforming
NumberOfInvestmentsNonperforming
2 investment
CY2022Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
1107870000 USD
CY2021Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1088723000 USD
CY2022Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
0 USD
CY2022Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
142264000 USD
CY2022Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
288212000 USD
CY2022Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
677394000 USD
CY2022Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
1107870000 USD
slg Financing Receivable Portfolio Segments Number
FinancingReceivablePortfolioSegmentsNumber
1 segment
CY2022Q1 slg Financing Receivable Portfolio Segments Number
FinancingReceivablePortfolioSegmentsNumber
1 segment
CY2022Q1 slg Financing Receivable Recorded In Other Assets
FinancingReceivableRecordedInOtherAssets
10400000 USD
CY2021Q4 slg Financing Receivable Recorded In Other Assets
FinancingReceivableRecordedInOtherAssets
10500000 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2022Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 USD
CY2022Q1 srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0665
CY2022Q1 slg Variable Interest Entity Not Primary Beneficiary Investment
VariableInterestEntityNotPrimaryBeneficiaryInvestment
86200000 USD
CY2021Q4 slg Variable Interest Entity Not Primary Beneficiary Investment
VariableInterestEntityNotPrimaryBeneficiaryInvestment
85600000 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2997934000 USD
CY2022Q1 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
550400000 USD
CY2022Q1 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
404778000 USD
CY2021Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
400419000 USD
CY2022Q1 slg Accumulated Amortization Of Deferred Costs
AccumulatedAmortizationOfDeferredCosts
282484000 USD
CY2021Q4 slg Accumulated Amortization Of Deferred Costs
AccumulatedAmortizationOfDeferredCosts
275924000 USD
CY2022Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
122294000 USD
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
124495000 USD
CY2022Q1 slg Secured Debt Bearing Fixed Interest Amount
SecuredDebtBearingFixedInterestAmount
1070571000 USD
CY2021Q4 slg Secured Debt Bearing Fixed Interest Amount
SecuredDebtBearingFixedInterestAmount
1073409000 USD
CY2022Q1 slg Secured Debt Bearing Variable Interest Amount
SecuredDebtBearingVariableInterestAmount
313478000 USD
CY2021Q4 slg Secured Debt Bearing Variable Interest Amount
SecuredDebtBearingVariableInterestAmount
361051000 USD
CY2022Q1 slg Secured Debt And Other Loans Payable
SecuredDebtAndOtherLoansPayable
1384049000 USD
CY2021Q4 slg Secured Debt And Other Loans Payable
SecuredDebtAndOtherLoansPayable
1434460000 USD
CY2022Q1 slg Mortgages Reclassed To Liabilities Related To Assets Held For Sale
MortgagesReclassedToLiabilitiesRelatedToAssetsHeldForSale
34348000 USD
CY2021Q4 slg Mortgages Reclassed To Liabilities Related To Assets Held For Sale
MortgagesReclassedToLiabilitiesRelatedToAssetsHeldForSale
34537000 USD
CY2022Q1 slg Secured Debt Gross
SecuredDebtGross
1349701000 USD
CY2021Q4 slg Secured Debt Gross
SecuredDebtGross
1399923000 USD
CY2022Q1 slg Secured Debt Deferred Finance Costs Net
SecuredDebtDeferredFinanceCostsNet
4926000 USD
CY2021Q4 slg Secured Debt Deferred Finance Costs Net
SecuredDebtDeferredFinanceCostsNet
5537000 USD
CY2022Q1 us-gaap Secured Debt
SecuredDebt
1344775000 USD
CY2021Q4 us-gaap Secured Debt
SecuredDebt
1394386000 USD
CY2022Q1 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
1900000000 USD
CY2021Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
2100000000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1207223000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
56640000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
538077000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
100873000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
500904000 USD
CY2022Q1 slg Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1730332000 USD
CY2022Q1 slg Long Term Debt Maturities Repayments Of Principal
LongTermDebtMaturitiesRepaymentsOfPrincipal
4134049000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
32052000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
39868000 USD
CY2022Q1 slg Finance Lease Interest Expense Before Capitalized Interest
FinanceLeaseInterestExpenseBeforeCapitalizedInterest
1237000 USD
CY2021Q1 slg Finance Lease Interest Expense Before Capitalized Interest
FinanceLeaseInterestExpenseBeforeCapitalizedInterest
1492000 USD
CY2022Q1 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
17941000 USD
CY2021Q1 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
17583000 USD
CY2022Q1 us-gaap Interest Income Operating
InterestIncomeOperating
278000 USD
CY2021Q1 us-gaap Interest Income Operating
InterestIncomeOperating
389000 USD
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-15070000 USD
CY2021Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-23388000 USD
CY2022Q1 us-gaap Due From Joint Ventures
DueFromJointVentures
31001000 USD
CY2021Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
28204000 USD
CY2022Q1 us-gaap Due From Other Related Parties
DueFromOtherRelatedParties
710000 USD
CY2021Q4 us-gaap Due From Other Related Parties
DueFromOtherRelatedParties
1204000 USD
CY2022Q1 us-gaap Due From Related Parties
DueFromRelatedParties
31711000 USD
CY2021Q4 us-gaap Due From Related Parties
DueFromRelatedParties
29408000 USD
CY2022Q1 slg Total Shares Authorized
TotalSharesAuthorized
260000000 shares
CY2022Q1 slg Total Par Or Stated Value Per Share
TotalParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
160000000 shares
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Excess Stock Shares Authorized
ExcessStockSharesAuthorized
75000000 shares
CY2022Q1 slg Excess Stock Par Or Stated Value Per Share
ExcessStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q1 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
0 shares
CY2022Q1 slg Volume Weighted Average Share Price
VolumeWeightedAverageSharePrice
79.71
CY2017 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7865206 shares
CY2017 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
107.81
CY2018 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
9187480 shares
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
102.06
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4333260 shares
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
88.69
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
8276032 shares
CY2020 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
64.30
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4474649 shares
CY2021 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
75.44
CY2022Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1971092 shares
CY2022Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
76.69
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7751000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7464000 USD
CY2022Q1 us-gaap Distributed Earnings
DistributedEarnings
335000 USD
CY2021Q1 us-gaap Distributed Earnings
DistributedEarnings
364000 USD
CY2022Q1 slg Net Income Loss Available To Common Stockholders After Distributed And Undistributed Earnings Allocation Basic
NetIncomeLossAvailableToCommonStockholdersAfterDistributedAndUndistributedEarningsAllocationBasic
7416000 USD
CY2021Q1 slg Net Income Loss Available To Common Stockholders After Distributed And Undistributed Earnings Allocation Basic
NetIncomeLossAvailableToCommonStockholdersAfterDistributedAndUndistributedEarningsAllocationBasic
-7828000 USD
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
96000 USD
CY2021Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-7000 USD
CY2022Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
492000 USD
CY2021Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-476000 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7812000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-8297000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64349000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66961000 shares
CY2022Q1 slg Incremental Common Shares Attributable To Redemption Of Units To Common Shares
IncrementalCommonSharesAttributableToRedemptionOfUnitsToCommonShares
4121000 shares
CY2021Q1 slg Incremental Common Shares Attributable To Redemption Of Units To Common Shares
IncrementalCommonSharesAttributableToRedemptionOfUnitsToCommonShares
4148000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
984000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
588000 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
774000 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
307000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70228000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72004000 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
351927 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1124920 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1124920 shares
CY2022Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
300000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
500000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
34884000 USD
CY2022Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-4613000 USD
CY2022Q1 slg Other Comprehensive Income Loss Deferred Net Lossfrom Terminated Hedges
OtherComprehensiveIncomeLossDeferredNetLossfromTerminatedHedges
-600000 USD
CY2021Q4 slg Other Comprehensive Income Loss Deferred Net Lossfrom Terminated Hedges
OtherComprehensiveIncomeLossDeferredNetLossfromTerminatedHedges
-600000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1896000 USD
CY2022Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
22353000 USD
CY2022Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
10052000 USD
CY2021Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
24146000 USD
CY2021Q1 slg Accumulated Other Comprehensive Income Loss Gain Lossfrom Changesin Fair Value
AccumulatedOtherComprehensiveIncomeLossGainLossfromChangesinFairValue
0 USD
CY2022Q1 slg Accumulated Other Comprehensive Income Loss Gain Lossfrom Changesin Fair Value
AccumulatedOtherComprehensiveIncomeLossGainLossfromChangesinFairValue
0 USD
CY2022Q1 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
6800000 USD
CY2022Q1 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
7000000 USD
CY2022Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-3700000 USD
CY2022Q1 slg Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Into Equity In Net Income
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsIntoEquityInNetIncome
1300000 USD
CY2022Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
38686000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
45175000 USD
CY2022Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
4881000 USD
CY2021Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
6088000 USD
CY2022Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
136581000 USD
CY2021Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
164679000 USD
CY2022Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
19555000 USD
CY2021Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
25279000 USD
CY2022Q1 slg Operating Lease Lease Income Fixed And Variable Lease Payments
OperatingLeaseLeaseIncomeFixedAndVariableLeasePayments
156136000 USD
CY2021Q1 slg Operating Lease Lease Income Fixed And Variable Lease Payments
OperatingLeaseLeaseIncomeFixedAndVariableLeasePayments
189958000 USD
CY2022Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-105000 USD
CY2021Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1869000 USD
CY2022Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
156031000 USD
CY2021Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
188089000 USD
CY2022Q1 us-gaap Sublease Income
SubleaseIncome
56200000 USD
CY2021Q1 us-gaap Sublease Income
SubleaseIncome
65800000 USD
CY2022Q1 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
1092000 USD
CY2021Q1 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
1101000 USD
CY2022Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q1 us-gaap Revenues
Revenues
187964000 USD
CY2021Q1 us-gaap Revenues
Revenues
226102000 USD
CY2022Q1 slg Income Loss From Continuing Operations Before Realized Gain Loss On Disposal Of Equity Method Investment
IncomeLossFromContinuingOperationsBeforeRealizedGainLossOnDisposalOfEquityMethodInvestment
13485000 USD
CY2021Q1 slg Income Loss From Continuing Operations Before Realized Gain Loss On Disposal Of Equity Method Investment
IncomeLossFromContinuingOperationsBeforeRealizedGainLossOnDisposalOfEquityMethodInvestment
-3855000 USD
CY2022Q1 us-gaap Assets
Assets
11014965000 USD
CY2021Q4 us-gaap Assets
Assets
11066629000 USD
CY2022Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24800000 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22900000 USD

Files In Submission

Name View Source Status
0001040971-22-000026-index-headers.html Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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slg-20220331.htm Edgar Link pending
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slg-20220331_cal.xml Edgar Link unprocessable
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slg-20220331_htm.xml Edgar Link completed
slg-20220331_lab.xml Edgar Link unprocessable
slg-20220331_pre.xml Edgar Link unprocessable