Sl green realty corp (SLG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues
Rental revenue, net

983,557

978,574

1,273,932

1,323,767

1,245,981

1,121,066

996,782

984,079

947,479

782,530

746,579

762,229

Escalation and reimbursement

-

-

-

196,858

178,512

164,376

155,965

151,187

143,544

118,212

119,029

120,404

Investment income

195,590

201,492

193,871

213,008

181,128

178,815

193,843

119,155

120,418

147,926

65,608

110,919

Other income

59,848

47,326

43,670

130,348

57,208

55,721

24,475

35,631

35,418

35,718

47,145

71,463

Total revenues

1,238,995

1,227,392

1,511,473

1,863,981

1,662,829

1,519,978

1,371,065

1,290,052

1,246,859

1,084,386

978,361

1,065,015

Expenses
Operating expenses, including related party expenses of $3,749 in 2020 and $2,793 in 2019

234,676

229,347

293,364

312,859

301,624

282,283

276,589

275,872

257,938

224,693

209,272

224,434

Real estate taxes

190,764

186,351

244,323

248,388

232,702

217,843

203,076

194,371

173,154

145,830

136,636

124,479

Operating lease rent

33,200

32,965

33,231

33,261

32,834

32,307

31,951

31,504

32,919

31,191

31,826

31,494

Interest expense, net of interest income

190,521

208,669

257,045

321,199

323,870

317,400

310,894

309,681

285,248

230,648

232,655

291,536

Amortization of deferred financing costs

11,653

12,408

16,498

24,564

27,348

22,377

15,855

18,558

14,108

9,046

7,065

6,433

Depreciation and amortization

272,358

279,507

403,320

821,041

560,887

371,610

324,461

311,860

271,306

225,193

220,396

214,201

Loan loss and other investment reserves, net of recoveries

0

6,839

0

0

-

-

-

564

6,722

17,751

150,510

115,882

Transaction related costs

729

1,099

-1,834

7,528

11,430

8,707

3,985

5,402

5,561

11,849

-

-

Marketing, general and administrative

100,900

92,600

100,500

99,759

94,873

92,488

86,192

82,840

80,103

75,946

73,992

104,583

Total expenses

1,034,764

1,049,816

1,346,445

1,868,599

1,585,568

1,345,015

1,253,003

1,230,652

1,127,059

972,147

1,062,352

1,113,042

Net income before equity in net income from unconsolidated joint ventures, equity in net gain on sale of interest in unconsolidated joint venture/real estate, purchase price and other fair value adjustments, (loss) gain on sale of real estate net, depreciable real estate reserves, and gain on sale of marketable securities

-

-

-

-

77,261

174,963

118,062

59,400

119,800

112,239

-83,991

-48,027

Income (Loss) from Equity Method Investments

-34,518

7,311

21,892

11,874

13,028

26,537

9,921

76,418

1,583

39,607

62,878

59,961

Equity Method Investment, Realized Gain (Loss) on Disposal

76,181

303,967

16,166

44,009

15,844

123,253

3,601

37,053

2,918

128,921

6,691

103,056

Purchase price and other fair value adjustments

69,389

57,385

0

0

40,078

67,446

-2,305

0

498,195

-

-

-

Gains (Losses) on Sales of Investment Real Estate

-16,749

-30,757

73,241

238,116

175,974

0

0

-

-

-

-

-

Depreciable real estate reserves and impairment

-7,047

-227,543

-178,520

-10,387

-19,226

0

0

-

-5,789

-2,750

-

-

Gain on sale of investment in marketable securities

0

0

3,262

-83

0

3,895

-65

4,940

4,866

490

-396

-147,489

Gain (Loss) on Extinguishment of Debt

0

-17,083

0

0

-49

-32,365

-18,518

-6,978

904

-1,900

86,006

77,465

Income from continuing operations

-

-

-

-

302,910

363,729

110,696

170,833

622,477

276,607

71,188

44,966

Net income from discontinued operations

-

-

-

-

427

19,075

25,687

32,240

8,560

7,064

7,318

10,509

Gain on sale of discontinued operations

-

-

-

-

14,122

163,059

14,900

6,627

46,085

35,485

-6,841

348,573

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

291,487

270,856

101,069

278,911

317,459

545,863

151,283

209,700

677,122

319,156

71,665

404,048

Net (income) loss attributable to noncontrolling interests:
Noncontrolling interests in the Operating Partnership

13,301

12,216

3,995

10,136

10,565

18,467

3,023

5,597

14,629

4,574

1,221

14,561

Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable

-3,159

-6

-15,701

7,644

15,843

6,590

10,629

5,591

15,083

14,007

12,900

8,677

Preferred units distributions

10,911

11,384

11,401

11,235

6,967

2,750

2,260

2,107

0

-

-

-

Net income (loss) attributable to SL Green/SLGOP

270,434

247,262

101,374

249,896

284,084

518,056

135,371

196,405

647,410

300,575

57,544

380,810

Preferred stock/unit redemption costs

-

-

-

0

0

0

12,160

10,010

0

-

-

-

Perpetual preferred stock dividends

14,950

14,950

14,950

14,950

14,952

14,952

21,881

30,411

30,178

29,749

19,875

19,875

Income before depreciable real estate reserves and gains on sale and fair value adjustments

-

-

-

-

50,502

143,466

60,654

82,696

74,341

102,208

30,724

-83,278

Purchase price and other fair value adjustments

-

-

-

-

38,563

65,059

-2,239

0

486,660

-

-

-

Equity in net gain on sale of interest in unconsolidated joint venture/real estate

-

-

-

-

15,245

118,891

3,497

35,769

2,850

126,778

6,484

99,057

Net income from discontinued operations

-

-

-

-

411

18,400

24,947

31,122

8,363

6,946

7,091

10,101

Purchase price fair value adjustment

-

-

-

-

-

-

-

-

498,195

-

-

-

Gain on sale of discontinued operations

-

-

-

-

13,588

157,288

14,471

6,397

45,018

34,894

-6,630

335,055

(Loss) gain on sale of real estate, net

-

-

-

-

169,322

0

0

-

-

-

-

-

Depreciable real estate reserves

-

-

-

-

-18,499

0

0

-

-

-

-

-

Net Income (Loss) Available to Common Stockholders, Basic

255,484

232,312

86,424

234,946

269,132

503,104

101,330

155,984

617,232

270,826

37,669

360,935

Income (loss) before depreciable real estate reserves and gains (losses) on sale (in dollars per share)

-

-

-

-

0.51

1.50

0.66

0.93

6.70

1.31

0.45

-1.43

Purchase price and other fair value adjustments (in dollars per share)

-

-

-

-

0.39

0.68

-0.02

-

-

-

-

-

Equity in net gain on sale of interest in unconsolidated joint venture/real estate (in dollars per share)

-

-

-

-

0.15

1.24

0.04

0.40

0.03

1.62

0.09

1.71

Net income from discontinued operations (usd per share)

-

-

-

-

0.00

0.19

0.27

0.35

0.10

0.09

0.10

0.17

Gain on sale of discontinued operations (usd per share)

-

-

-

-

0.14

1.64

0.15

0.07

0.54

0.45

-0.10

5.77

Gain on sale of real estate, net (in dollars per share)

-

-

-

-

1.71

0.00

0.00

-

-

-

-

-

Depreciable real estate reserves (in dollars per share)

-

-

-

-

-0.19

0.00

0.00

-

-

-

-

-

Basic earnings per share (usd per share)

-

-

-

-

2.71

5.25

1.10

1.75

7.37

3.47

0.54

6.22

Purchase price and other fair value adjustments (in dollars per share)

-

-

-

-

0.39

0.65

-0.03

-

-

-

-

-

Income (loss) before depreciable real estate reserves and gains (losses) on sale (in dollars per share)

-

-

-

-

0.51

1.52

0.66

0.92

6.67

1.30

0.45

-1.42

Equity in net gain on sale of interest in unconsolidated joint venture/real estate (in dollars per share)

-

-

-

-

0.15

1.24

0.04

0.40

0.03

1.62

0.09

1.70

Net income from discontinued operations (usd per share)

-

-

-

-

0.00

0.19

0.27

0.35

0.10

0.09

0.10

0.17

Gain on sale of discontinued operations (usd per share)

-

-

-

-

0.14

1.63

0.16

0.07

0.53

0.44

-0.10

5.75

Gain on sale of real estate (in dollars per share)

-

-

-

-

1.70

0.00

0.00

-

-

-

-

-

Depreciable real estate reserves (in dollars per share)

-

-

-

-

-0.19

0.00

0.00

-

-

-

-

-

Diluted earnings per share (usd per share)

-

-

-

-

2.70

5.23

1.10

1.74

7.33

3.45

0.54

6.20

Dividends per share/unit (usd per share)

-

-

-

-

-

-

1.49

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

81,733

86,753

98,571

100,185

99,345

95,774

92,269

89,319

83,762

78,101

69,735

57,996

Weighted Average Number of Shares Outstanding, Diluted

86,562

91,530

103,403

104,881

103,734

99,696

95,266

92,873

86,244

79,761

72,044

60,598

SL Green Operating Partnership
Rental revenue, net

983,557

978,574

1,273,932

1,323,767

-

-

-

-

-

-

-

-

Escalation and reimbursement

-

-

-

196,858

-

-

-

-

-

-

-

-

Investment income

195,590

201,492

193,871

213,008

-

-

-

-

-

-

-

-

Other income

59,848

47,326

43,670

130,348

-

-

-

-

-

-

-

-

Total revenues

1,238,995

1,227,392

1,511,473

1,863,981

-

-

-

-

-

-

-

-

Operating expenses, including $18,106 in 2019, $17,823 in 2018, $21,400 in 2017 of related party expenses

234,676

229,347

293,364

312,859

-

-

-

-

-

-

-

-

Real estate taxes

190,764

186,351

244,323

248,388

-

-

-

-

-

-

-

-

Operating lease rent

33,188

32,965

33,231

-

-

-

-

-

-

-

-

-

Interest expense, net of interest income

190,521

208,669

257,045

-

-

-

-

-

-

-

-

-

Ground rent

-

-

-

33,261

-

-

-

-

-

-

-

-

Interest expense, net of interest income

-

-

-

321,199

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

11,653

12,408

16,498

24,564

-

-

-

-

-

-

-

-

Depreciation and amortization

272,358

279,507

403,320

821,041

-

-

-

-

-

-

-

-

Loan loss and other investment reserves, net of recoveries

0

6,839

0

0

-

-

-

-

-

-

-

-

Transaction related costs

729

1,099

-1,834

7,528

-

-

-

-

-

-

-

-

Marketing, general and administrative

100,875

92,631

100,498

99,759

-

-

-

-

-

-

-

-

Total expenses

1,034,764

1,049,816

1,346,445

1,868,599

-

-

-

-

-

-

-

-

Income (Loss) from Equity Method Investments

-34,518

7,311

21,892

11,874

-

-

-

-

-

-

-

-

Equity Method Investment, Realized Gain (Loss) on Disposal

76,181

303,967

16,166

44,009

-

-

-

-

-

-

-

-

Purchase price and other fair value adjustments

69,389

57,385

0

0

-

-

-

-

-

-

-

-

Gain (loss) on sale of real estate, net

-16,749

-30,757

73,241

238,116

-

-

-

-

-

-

-

-

Depreciable real estate reserves and impairment

-7,047

-227,543

-178,520

-10,387

-

-

-

-

-

-

-

-

Available-for-sale Securities, Gross Realized Gain (Loss)

0

0

3,262

-83

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

0

-17,083

0

0

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

291,487

270,856

101,069

278,911

-

-

-

-

-

-

-

-

Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable

-3,159

-6

-15,701

7,644

-

-

-

-

-

-

-

-

Preferred units distributions

10,911

11,384

11,401

11,235

-

-

-

-

-

-

-

-

Net income (loss) attributable to SL Green/SLGOP

283,735

259,478

105,369

260,032

-

-

-

-

-

-

-

-

Dividends, Preferred Stock

14,950

14,950

14,950

-

-

-

-

-

-

-

-

-

Preferred stock/unit redemption costs

-

-

-

0

-

-

-

-

-

-

-

-

Perpetual preferred unit distributions

-

-

-

14,950

-

-

-

-

-

-

-

-

Net Income (Loss) Allocated to, Common Unitholders

268,785

244,528

90,419

245,082

-

-

-

-

-

-

-

-

Basic earnings per unit (usd per share)

3.10

2.67

0.87

2.34

-

-

-

-

-

-

-

-

Diluted earnings per unit (usd per share)

3.10

2.67

0.87

2.34

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

86,008

91,315

103,127

104,508

-

-

-

-

-

-

-

-

Basic weighted average common units outstanding (in shares)

86,008

91,315

103,127

104,508

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

86,562

91,530

103,403

104,881

-

-

-

-

-

-

-

-

Diluted weighted average common units and common unit equivalents outstanding (in shares)

86,562

91,530

103,403

104,881

-

-

-

-

-

-

-

-