2023 Q3 Form 10-Q Financial Statement

#000104097123000031 Filed on August 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $173.2M $221.1M
YoY Change -18.47% 9.74%
Cost Of Revenue $88.00M $93.50M
YoY Change 0.56% 21.66%
Gross Profit $85.20M $127.6M
YoY Change -31.81% 2.39%
Gross Profit Margin 49.19% 57.71%
Selling, General & Admin $22.90M $23.01M
YoY Change 7.51% -2.1%
% of Gross Profit 26.88% 18.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $52.40M $71.24M
YoY Change 3.75% 45.89%
% of Gross Profit 61.5% 55.84%
Operating Expenses $22.90M $92.09M
YoY Change 7.51% 291.88%
Operating Profit $62.30M $35.48M
YoY Change -39.89% -64.9%
Interest Expense $52.88M -$82.12M
YoY Change 30.39% -352.19%
% of Operating Profit 84.87% -231.43%
Other Income/Expense, Net $400.0K -$305.9M
YoY Change
Pretax Income -$21.70M -$379.2M
YoY Change -277.71% 899.31%
Income Tax $2.500M $2.000M
% Of Pretax Income
Net Earnings -$20.23M -$360.6M
YoY Change -282.0% 798.38%
Net Earnings / Revenue -11.68% -163.12%
Basic Earnings Per Share -$0.38 -$5.63
Diluted Earnings Per Share -$0.38 -$5.63
COMMON SHARES
Basic Shares Outstanding 64.39M shares 64.38M shares
Diluted Shares Outstanding 68.30M shares 68.34M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $199.4M $192.0M
YoY Change -8.46% -10.96%
Cash & Equivalents $189.8M $192.0M
Short-Term Investments $9.616M $9.797M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $310.0M $326.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $500.0M $518.2M
YoY Change -4.3% 2.1%
LONG-TERM ASSETS
Property, Plant & Equipment $4.994B $4.967B
YoY Change -33.02% -9.34%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.153B $3.875B
YoY Change -1.04% 26.05%
Other Assets $228.0M $231.4M
YoY Change -23.94% 12.05%
Total Long-Term Assets $9.191B $9.523B
YoY Change -24.63% -6.61%
TOTAL ASSETS
Total Short-Term Assets $500.0M $518.2M
Total Long-Term Assets $9.191B $9.523B
Total Assets $9.691B $10.04B
YoY Change -23.79% -6.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.0M $116.7M
YoY Change -16.67% -19.65%
Accrued Expenses $905.0M $906.0M
YoY Change -2.74% 4.81%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.123B $1.094B
YoY Change -4.91% 0.5%
LONG-TERM LIABILITIES
Long-Term Debt $3.456B $3.910B
YoY Change -39.56% -1.89%
Other Long-Term Liabilities $589.0M $456.4M
YoY Change -0.64% 23.63%
Total Long-Term Liabilities $4.045B $4.366B
YoY Change -35.91% 0.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.123B $1.094B
Total Long-Term Liabilities $4.045B $4.366B
Total Liabilities $5.169B $5.782B
YoY Change -31.01% 6.22%
SHAREHOLDERS EQUITY
Retained Earnings $62.41M $135.5M
YoY Change -91.74% -82.63%
Common Stock $656.0K $656.0K
YoY Change 0.15% 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.040B $4.259B
YoY Change
Total Liabilities & Shareholders Equity $9.691B $10.04B
YoY Change -23.79% -6.2%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$20.23M -$360.6M
YoY Change -282.0% 798.38%
Depreciation, Depletion And Amortization $52.40M $71.24M
YoY Change 3.75% 45.89%
Cash From Operating Activities $77.30M $61.64M
YoY Change 15.04% -38.99%
INVESTING ACTIVITIES
Capital Expenditures $59.80M $72.27M
YoY Change -145.12% -210.72%
Acquisitions
YoY Change
Other Investing Activities $370.4M $99.77M
YoY Change 36.92% -46.68%
Cash From Investing Activities $310.6M $27.50M
YoY Change 125.09% -77.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -389.7M -135.3M
YoY Change 301.07% -46.53%
NET CHANGE
Cash From Operating Activities 77.30M 61.64M
Cash From Investing Activities 310.6M 27.50M
Cash From Financing Activities -389.7M -135.3M
Net Change In Cash -1.800M -46.20M
YoY Change -101.67% 52.7%
FREE CASH FLOW
Cash From Operating Activities $77.30M $61.64M
Capital Expenditures $59.80M $72.27M
Free Cash Flow $17.50M -$10.63M
YoY Change -91.24% -106.39%

Facts In Submission

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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4186000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
2505000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
1013000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
654000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
3290000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-318116000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-24283000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-384285000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
26703000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4529174000 usd
CY2023Q2 slg Profit Loss Less Minority Interest In Net Income Loss Operating Partnerships
ProfitLossLessMinorityInterestInNetIncomeLossOperatingPartnerships
-357497000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
38341000 usd
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
3737000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
158000 usd
CY2023Q2 slg Reallocationof Noncontrolling Interest In Operating Partnership Increase Decrease
ReallocationofNoncontrollingInterestInOperatingPartnershipIncreaseDecrease
-1051000 usd
CY2023Q2 slg Deferred Compensation Plan And Stock Award Net
DeferredCompensationPlanAndStockAwardNet
7445000 usd
CY2023Q2 slg Consolidation Of Joint Venture Interest
ConsolidationOfJointVentureInterest
-112000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.812
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
52261000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4159833000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4739115000 usd
CY2022Q2 slg Profit Loss Less Minority Interest In Net Income Loss Operating Partnerships
ProfitLossLessMinorityInterestInNetIncomeLossOperatingPartnerships
-36735000 usd
slg Profit Loss Less Minority Interest In Net Income Loss Operating Partnerships
ProfitLossLessMinorityInterestInNetIncomeLossOperatingPartnerships
-395115000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
8165000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
7475000 usd
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
342000 usd
slg Reallocationof Noncontrolling Interest In Operating Partnership Increase Decrease
ReallocationofNoncontrollingInterestInOperatingPartnershipIncreaseDecrease
-11198000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4778253000 usd
slg Profit Loss Less Minority Interest In Net Income Loss Operating Partnerships
ProfitLossLessMinorityInterestInNetIncomeLossOperatingPartnerships
-25389000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
55353000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
7475000 usd
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
199000 usd
slg Reallocationof Noncontrolling Interest In Operating Partnership Increase Decrease
ReallocationofNoncontrollingInterestInOperatingPartnershipIncreaseDecrease
-5085000 usd
slg Deferred Compensation Plan And Stock Award Net
DeferredCompensationPlanAndStockAwardNet
13531000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
151197000 usd
slg Consolidation Of Joint Venture Interest
ConsolidationOfJointVentureInterest
51348000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3020000 usd
us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
160620000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.865
us-gaap Dividends Common Stock
DividendsCommonStock
118374000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4748764000 usd
us-gaap Profit Loss
ProfitLoss
-417585000 usd
us-gaap Profit Loss
ProfitLoss
-24464000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
151807000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
97762000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-29344000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9265000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
409000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
343000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-79000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-131000 usd
slg Purchase Price Fair Value Adjustment Gain Loss
PurchasePriceFairValueAdjustmentGainLoss
-17170000 usd
slg Purchase Price Fair Value Adjustment Gain Loss
PurchasePriceFairValueAdjustmentGainLoss
-6231000 usd
slg Depreciable Real Estate Reserves Cash Flow Effect
DepreciableRealEstateReservesCashFlowEffect
-305916000 usd
slg Depreciable Real Estate Reserves Cash Flow Effect
DepreciableRealEstateReservesCashFlowEffect
0 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-28329000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-65380000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
6890000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
0 usd
us-gaap Straight Line Rent
StraightLineRent
14357000 usd
us-gaap Straight Line Rent
StraightLineRent
-1075000 usd
slg Non Cash Lease Expense
NonCashLeaseExpense
10550000 usd
slg Non Cash Lease Expense
NonCashLeaseExpense
12080000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2523000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
10406000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3805000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-14767000 usd
us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
893000 usd
us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-1458000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
5891000 usd
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
6922000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1235000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2651000 usd
slg Increase Decrease In Accrued Liabilities And Other
IncreaseDecreaseInAccruedLiabilitiesAndOther
2697000 usd
slg Increase Decrease In Accrued Liabilities And Other
IncreaseDecreaseInAccruedLiabilitiesAndOther
19767000 usd
us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-585000 usd
us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-2672000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-4795000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
1291000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
103992000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
182435000 usd
slg Payments To Acquire Land Buildings And Improvements
PaymentsToAcquireLandBuildingsAndImprovements
134190000 usd
slg Payments To Acquire Land Buildings And Improvements
PaymentsToAcquireLandBuildingsAndImprovements
126957000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
46977000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
135365000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
72823000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
64976000 usd
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
97563000 usd
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
353853000 usd
slg Payments For Proceeds From Other Investments
PaymentsForProceedsFromOtherInvestments
17779000 usd
slg Payments For Proceeds From Other Investments
PaymentsForProceedsFromOtherInvestments
-1507000 usd
slg Origination Of Debt And Preferred Equity Investments
OriginationOfDebtAndPreferredEquityInvestments
10308000 usd
slg Origination Of Debt And Preferred Equity Investments
OriginationOfDebtAndPreferredEquityInvestments
29095000 usd
slg Repayments Or Redemption Of Debt And Preferred Equity Investments
RepaymentsOrRedemptionOfDebtAndPreferredEquityInvestments
0 usd
slg Repayments Or Redemption Of Debt And Preferred Equity Investments
RepaymentsOrRedemptionOfDebtAndPreferredEquityInvestments
6405000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-38868000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
135324000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
184196000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2899000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
91770000 usd
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
332000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
11700000 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
17968000 usd
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
5250000 usd
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
18334000 usd
slg Distributions To Noncontrolling Interests Other Partnerships
DistributionsToNoncontrollingInterestsOtherPartnerships
763000 usd
slg Distributions To Noncontrolling Interests Other Partnerships
DistributionsToNoncontrollingInterestsOtherPartnerships
3020000 usd
slg Proceeds From Noncontrolling Interests In Other Partnerships
ProceedsFromNoncontrollingInterestsInOtherPartnerships
314000 usd
slg Proceeds From Noncontrolling Interests In Other Partnerships
ProceedsFromNoncontrollingInterestsInOtherPartnerships
51348000 usd
slg Distribution To Noncontrolling Interest Operating Partnership
DistributionToNoncontrollingInterestOperatingPartnership
7550000 usd
slg Distribution To Noncontrolling Interest Operating Partnership
DistributionToNoncontrollingInterestOperatingPartnership
8572000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
114983000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
131556000 usd
slg Proceeds From Other Obligation Related To Secured Borrowing
ProceedsFromOtherObligationRelatedToSecuredBorrowing
0 usd
slg Proceeds From Other Obligation Related To Secured Borrowing
ProceedsFromOtherObligationRelatedToSecuredBorrowing
77874000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3891000 usd
slg Proceeds From Payments Of Financing Costs
ProceedsFromPaymentsOfFinancingCosts
630000 usd
slg Proceeds From Payments Of Financing Costs
ProceedsFromPaymentsOfFinancingCosts
4991000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-138119000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-377682000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-72995000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-59923000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
384054000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
336984000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
311059000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
277061000 usd
slg Issuance Of Special Dividend Stock Dividend
IssuanceOfSpecialDividendStockDividend
0 usd
slg Issuance Of Special Dividend Stock Dividend
IssuanceOfSpecialDividendStockDividend
160620000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10295000 usd
slg Operating Partnership Noncontrolling Interest Fair Value Adjustment
OperatingPartnershipNoncontrollingInterestFairValueAdjustment
11198000 usd
slg Operating Partnership Noncontrolling Interest Fair Value Adjustment
OperatingPartnershipNoncontrollingInterestFairValueAdjustment
5085000 usd
slg Deconsolidation Real Estate Investments
DeconsolidationRealEstateInvestments
101351000 usd
slg Deconsolidation Real Estate Investments
DeconsolidationRealEstateInvestments
0 usd
slg Contribution To Consolidated Joint Venture Interest
ContributionToConsolidatedJointVentureInterest
8134000 usd
slg Contribution To Consolidated Joint Venture Interest
ContributionToConsolidatedJointVentureInterest
0 usd
slg Removalof Fully Depreciated Real Estate Assets
RemovalofFullyDepreciatedRealEstateAssets
7747000 usd
slg Removalof Fully Depreciated Real Estate Assets
RemovalofFullyDepreciatedRealEstateAssets
3597000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
191979000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
189360000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
119080000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
87701000 usd
CY2023Q2 slg Numberof Real Estate Buildings
NumberofRealEstateBuildings
51 building
CY2023Q2 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
29708910 sqft
CY2023Q2 slg Mortgage Loanson Real Estate Commercialand Consumer Net Including Debt Investments Other
MortgageLoansonRealEstateCommercialandConsumerNetIncludingDebtInvestmentsOther
636500000 usd
CY2023Q2 slg Debt Investments Other
DebtInvestmentsOther
8500000 usd
slg Number Of Shares On Redemption Of One Unit Of Partnership Interest
NumberOfSharesOnRedemptionOfOneUnitOfPartnershipInterest
1 shares
CY2023Q2 slg Rental Revenue Increase Decrease Acquired Lease Amortization
RentalRevenueIncreaseDecreaseAcquiredLeaseAmortization
-6200000 usd
slg Rental Revenue Increase Decrease Acquired Lease Amortization
RentalRevenueIncreaseDecreaseAcquiredLeaseAmortization
-14500000 usd
CY2022Q2 slg Rental Revenue Increase Decrease Acquired Lease Amortization
RentalRevenueIncreaseDecreaseAcquiredLeaseAmortization
-200000 usd
slg Rental Revenue Increase Decrease Acquired Lease Amortization
RentalRevenueIncreaseDecreaseAcquiredLeaseAmortization
-300000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
189680000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
403552000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
183769000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
190066000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5911000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
213486000 usd
CY2023Q2 slg Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
205394000 usd
CY2022Q4 slg Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
361338000 usd
CY2023Q2 slg Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
201911000 usd
CY2022Q4 slg Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
212191000 usd
CY2023Q2 slg Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
3483000 usd
CY2022Q4 slg Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
149147000 usd
CY2023Q2 us-gaap Marketable Securities
MarketableSecurities
9797000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
11240000 usd
CY2022Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2023Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2023Q2 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
0 usd
CY2022Q4 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
0 usd
CY2022Q2 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-6200000 usd
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-6200000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2700000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1400000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2300000 usd
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>
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.
slg Number Of Real Estate Properties Acquired From Third Party
NumberOfRealEstatePropertiesAcquiredFromThirdParty
0 property
CY2023Q2 slg Equity Method Investment Ownership Percentage Deconsolidated
EquityMethodInvestmentOwnershipPercentageDeconsolidated
0.501
CY2023Q2 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
17000000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
623280000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1088723000 usd
us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
0 usd
CY2022 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
565940000 usd
slg Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Loan Loss Reserve Period Increase Decrease
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateLoanLossReservePeriodIncreaseDecrease
-6890000 usd
CY2022 slg Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Loan Loss Reserve Period Increase Decrease
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateLoanLossReservePeriodIncreaseDecrease
0 usd
CY2023Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
636476000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
623280000 usd
srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.0596
CY2023Q2 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
636476000 usd
CY2023Q2 slg Mortgage Loanson Real Estate Senior Financing
MortgageLoansonRealEstateSeniorFinancing
1974174000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
6630000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
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1980000000 usd
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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10142000 usd
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us-gaap Assets Fair Value Adjustment
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10800000 usd
CY2023Q2 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
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us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
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slg Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Into Equity In Net Income
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56662000 usd
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14622000 usd
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2701000 usd
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37254000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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53307000 usd
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us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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7583000 usd
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159437000 usd
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OperatingLeaseLeaseIncomeLeasePayments
136673000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
325790000 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2023Q2 us-gaap Operating Lease Variable Lease Income
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20294000 usd
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OperatingLeaseVariableLeaseIncome
18738000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
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us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
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CY2023Q2 slg Operating Lease Lease Income Fixed And Variable Lease Payments
OperatingLeaseLeaseIncomeFixedAndVariableLeasePayments
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CY2022Q2 slg Operating Lease Lease Income Fixed And Variable Lease Payments
OperatingLeaseLeaseIncomeFixedAndVariableLeasePayments
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slg Operating Lease Lease Income Fixed And Variable Lease Payments
OperatingLeaseLeaseIncomeFixedAndVariableLeasePayments
366534000 usd
slg Operating Lease Lease Income Fixed And Variable Lease Payments
OperatingLeaseLeaseIncomeFixedAndVariableLeasePayments
311548000 usd
CY2023Q2 us-gaap Amortization Of Above And Below Market Leases
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6214000 usd
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us-gaap Amortization Of Above And Below Market Leases
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14453000 usd
us-gaap Amortization Of Above And Below Market Leases
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CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
185945000 usd
CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
155232000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
380987000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
311263000 usd
CY2023Q2 us-gaap Sublease Income
SubleaseIncome
48900000 usd
us-gaap Sublease Income
SubleaseIncome
97800000 usd
CY2022Q2 us-gaap Sublease Income
SubleaseIncome
58000000 usd
us-gaap Sublease Income
SubleaseIncome
114200000 usd
CY2023Q2 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
1109000 usd
CY2022Q2 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
1095000 usd
us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
2215000 usd
us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
2187000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2023Q2 us-gaap Revenues
Revenues
221070000 usd
CY2022Q2 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
389409000 usd
CY2023Q2 slg Income Loss From Continuing Operations Before Realized Gain Loss On Disposal Of Equity Method Investment
IncomeLossFromContinuingOperationsBeforeRealizedGainLossOnDisposalOfEquityMethodInvestment
-379228000 usd
CY2022Q2 slg Income Loss From Continuing Operations Before Realized Gain Loss On Disposal Of Equity Method Investment
IncomeLossFromContinuingOperationsBeforeRealizedGainLossOnDisposalOfEquityMethodInvestment
-37949000 usd
slg Income Loss From Continuing Operations Before Realized Gain Loss On Disposal Of Equity Method Investment
IncomeLossFromContinuingOperationsBeforeRealizedGainLossOnDisposalOfEquityMethodInvestment
-417585000 usd
slg Income Loss From Continuing Operations Before Realized Gain Loss On Disposal Of Equity Method Investment
IncomeLossFromContinuingOperationsBeforeRealizedGainLossOnDisposalOfEquityMethodInvestment
-24464000 usd
CY2023Q2 us-gaap Assets
Assets
10041288000 usd
CY2022Q4 us-gaap Assets
Assets
12355794000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
46300000 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23500000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
48300000 usd
CY2023Q2 us-gaap Other Liabilities
OtherLiabilities
330799000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
236211000 usd
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
254434000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
269993000 usd
CY2023Q2 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
166501000 usd
CY2022Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
177943000 usd
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
221932000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12355794000 usd
CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
155232000 usd
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
82140000 usd
CY2023Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
39885000 usd
CY2022Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
30819000 usd
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
81268000 usd
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
61566000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
6655000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
6477000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
12956000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
13041000 usd
CY2022Q2 us-gaap Interest Expense Other
InterestExpenseOther
14960000 usd
us-gaap Interest Expense Other
InterestExpenseOther
82274000 usd
us-gaap Interest Expense Other
InterestExpenseOther
30030000 usd
CY2023Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2154000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1917000 usd
slg Total Costs And Expenses Including Nonoperating Income Expense
TotalCostsAndExpensesIncludingNonoperatingIncomeExpense
332866000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-21932000 usd
CY2022Q2 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-131000 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-79000 usd
CY2023Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-26678000 usd
CY2022Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-64378000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-28329000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-65380000 usd
CY2023Q2 slg Depreciable Real Estate Reserves Effecton Earnings
DepreciableRealEstateReservesEffectonEarnings
-305916000 usd
CY2022Q2 slg Depreciable Real Estate Reserves Effecton Earnings
DepreciableRealEstateReservesEffectonEarnings
0 usd
slg Depreciable Real Estate Reserves Effecton Earnings
DepreciableRealEstateReservesEffectonEarnings
-305916000 usd
slg Depreciable Real Estate Reserves Effecton Earnings
DepreciableRealEstateReservesEffectonEarnings
0 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-379228000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-37949000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
7475000 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
7475000 usd
us-gaap Profit Loss
ProfitLoss
-24464000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
17323000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2247000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
16869000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8819000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
58643000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-338382000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-22771000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2190000 usd
CY2023Q2 us-gaap Interest Expense Other
InterestExpenseOther
40621000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
40846000 usd

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