PARAMOUNT GROUP, INC. PGRE Balance Sheet

Paramount group, inc. (PGRE)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14
Assets
Real estate, at cost:
Land
1,966	1,966	2,018	2,065	2,065	2,065	2,065	2,186	2,209	2,209	2,209	2,068	2,091	2,091	2,042	2,042	2,042	2,042	2,042	2,042	2,042	2,042
Buildings and improvements
5,948	5,923	5,984	6,084	6,064	6,036	5,998	6,132	6,150	6,119	6,097	5,726	5,765	5,757	5,691	5,668	5,630	5,610	5,567	5,534	5,503	5,488
Rental property, at cost
7,914	7,889	8,003	8,149	8,129	8,101	8,064	8,318	8,359	8,329	8,306	7,794	7,857	7,849	7,733	7,710	7,672	7,652	7,609	7,576	7,545	7,530
Accumulated depreciation and amortization
832	790	764	735	689	644	598	566	534	487	443	397	359	318	363	323	283	243	202	162	121	81
Real estate, net
7,082	7,099	7,239	7,414	7,439	7,457	7,465	7,752	7,824	7,841	7,863	7,396	7,497	7,530	7,370	7,387	7,389	7,409	7,407	7,414	7,424	7,449
Cash and cash equivalents
377	306	298	283	342	339	538	233	212	219	185	254	125	162	83	224	178	143	418	438	380	438
Restricted cash
20	25	25	22	18	25	30	32	33	31	32	42	75	29	30	29	42	41	92	45	53	55
Investments in unconsolidated joint ventures
429	449	231	137	136	78	75	67	67	44	46	45	35	6	6	5	7	7	6	6	6	5
Real estate fund investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	416	336	335	324	323
Investments in unconsolidated real estate funds
13	10	11	8	8	10	9	9	7	7	8	22	23	28	25	25	26	-	-	-	-	-
Preferred equity investments
-	-	-	-	-	36	35	35	35	35	35	55	55	55	54	54	54	53	-	-	-	-
Marketable securities
-	-	-	-	-	-	26	25	24	29	27	21	25	22	22	21	21	21	20	21	21	20
Accounts and other receivables
17	19	20	19	20	20	16	15	17	17	13	12	12	15	12	10	12	10	12	10	12	7
Due from affiliates
-	36	-	170	-	-	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27	27
Deferred rent receivable
312	301	295	289	279	267	254	252	234	220	209	196	184	163	150	122	97	77	58	40	24	8
Deferred charges, net of accumulated amortization of $45,645 and $42,096
124	126	127	130	119	117	111	116	106	98	88	80	72	71	81	79	77	74	54	49	43	39
Intangible assets, net of accumulated amortization of $260,351 and $262,930
191	203	222	239	254	270	287	316	333	352	373	363	389	412	406	435	464	511	546	583	629	669
Assets related to discontinued operations
104	104	-	-	-	-	-	-	-	-	-	-	346	346	-	-	-	-	-	-	-	-
Other assets
80	51	107	137	104	132	90	57	75	20	40	26	39	22	96	11	32	6	33	9	31	13
Total assets
8,754	8,734	8,579	8,853	8,721	8,755	8,941	8,915	8,973	8,917	8,924	8,517	8,885	8,867	8,340	8,408	8,404	8,775	8,986	8,954	8,952	9,030
Liabilities and Equity
Notes and mortgages payable, net of deferred financing costs of $24,032 and $25,792
3,788	3,783	3,576	3,571	3,568	3,566	3,564	3,562	3,560	3,541	3,539	3,308	3,477	3,364	3,016	3,012	2,923	2,922	2,853	2,853	2,852	2,852
Revolving credit facility
200	36	0	170	0	0	0	0	0	0	-	-	200	230	50	20	40	20	0	0	0	-
Loans payable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	44	43	43	42
Accounts payable and accrued expenses
109	117	119	124	125	124	133	123	128	117	97	83	88	103	85	147	154	102	97	96	78	93
Dividends and distributions payable
24	25	25	25	25	25	26	26	26	25	25	25	25	25	25	25	25	25	25	25	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	1	1	-	0	0	1	2	2	2	3	2
Interest rate swap liabilities
-	-	-	-	-	-	-	-	-	-	-	1	0	-	82	102	116	93	163	160	182	194
Intangible liabilities, net of accumulated amortization of $95,831 and $100,881
69	73	78	84	89	95	102	115	122	130	138	133	145	153	144	154	167	179	193	201	210	219
Other liabilities
54	66	76	64	56	51	56	54	54	54	54	50	75	76	46	45	45	45	44	45	45	43
Total liabilities
4,247	4,103	3,877	4,040	3,867	3,864	3,911	3,910	3,919	3,895	3,881	3,631	4,040	3,981	3,477	3,535	3,502	3,464	3,451	3,457	3,443	3,475
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0
Paramount Group, Inc. equity:
Common stock $0.01 par value per share; authorized 900,000,000 shares; issued and outstanding 221,750,408 and 227,432,030 shares in 2020 and 2019, respectively
2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Additional paid-in-capital
4,102	4,133	4,134	4,214	4,218	4,201	4,301	4,297	4,293	4,297	4,286	4,254	4,139	4,116	3,930	3,927	3,818	3,802	3,893	3,893	3,808	3,851
Earnings less than distributions
368	349	-276	-260	-239	219	-201	-215	-156	-133	-104	-71	-151	-129	-101	-80	-62	-36	-24	-5	19	57
Accumulated other comprehensive loss
-13	-0	-9	-5	8	16	31	28	23	10	1	0	3	0	-35	-41	-31	-7	-15	-0	-	-
Paramount Group, Inc. equity
3,722	3,785	3,850	3,950	3,988	4,000	4,133	4,113	4,162	4,176	4,185	4,185	3,994	3,990	3,796	3,808	3,725	3,761	3,855	3,889	3,829	3,910
Noncontrolling interests in:
Consolidated joint ventures
359	360	363	365	367	394	399	403	404	404	408	229	228	253	244	240	238	236	781	703	685	685
Consolidated real estate fund
80	72	72	81	81	66	66	57	51	14	14	14	67	64	62	62	62	414	-	-	-	-
Operating Partnership (20,583,820 and 24,758,472 units outstanding)
345	412	416	416	417	428	429	430	436	425	433	456	556	577	758	761	874	898	897	904	994	958
Total equity
4,507	4,630	4,702	4,813	4,854	4,891	5,029	5,005	5,054	5,022	5,042	4,885	4,845	4,885	4,862	4,872	4,901	5,310	5,534	5,497	5,509	5,554
Total liabilities and equity
8,754	8,734	8,579	8,853	8,721	8,755	8,941	8,915	8,973	8,917	8,924	8,517	8,885	8,867	8,340	8,408	8,404	8,775	8,986	8,954	8,952	9,030