Empire State Realty Trust, Inc. (ESRT) financial statements (2020 and earlier)

Company profile

Business Address 111 WEST 33RD STREET, 12TH FL
NEW YORK, NY 10120
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments234605464554474661
Cash and cash equivalents234205464554474661
Short-term investments 400     
Total current assets:234605464554474661
Noncurrent Assets
Operating lease, right-of-use asset29
Property, plant and equipment201201201201201201188
Intangible assets, net (including goodwill)491491491491491782741
Goodwill491491491491491491491
Intangible assets, net (excluding goodwill)     290250
Deferred costs224235254273311  
Total noncurrent assets:9469289479651,003983929
Other undisclosed assets2,7522,6632,5202,3712,2512,2681,486
TOTAL ASSETS:3,9324,1963,9313,8913,3013,2962,476
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,9842,2051,9541,9081,9281,9151,473
Total liabilities:1,9842,2051,9541,9081,9281,9151,473
Stockholders' equity
Stockholders' equity attributable to parent, including:1,2291,2381,1681,154525469385
Additional paid in capital1,2321,2041,1281,104469407317
Accumulated other comprehensive loss(21)(9)(9)(3)(1)  
Retained earnings16424751556168
Other undisclosed stockholders' equity attributable to parent2222111
Stockholders' equity attributable to noncontrolling interest690745801821840904618
Other undisclosed stockholders' equity2988888 
Total stockholders' equity:1,9481,9911,9781,9831,3731,3811,003
TOTAL LIABILITIES AND EQUITY:3,9324,1963,9313,8913,3013,2962,476

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues731732712678658635206
Revenue, net585553545524 
Operating lease, lease income586
Operating leases, income statement, lease revenue493
Cost of revenue
(Cost of Goods and Services Sold)
    (3)(39) 
Gross profit:731732712678654597206
Operating expenses(577)(541)(517)(493)(506)(494)(28)
Other undisclosed operating income    339 
Operating income:155191196185151141179
Nonoperating income (expense)
(Investment Income, Nonoperating)
1111(0)    
Interest and debt expense(79)(80)(71)(71)(67)(66) 
Income from continuing operations before equity method investments, income taxes:871221251138475179
Income from equity method investments      15
Income from continuing operations before income taxes:871221251138475193
Income tax expense(2)(5)(7)(6)(4)(5) 
Income before gain (loss) on sale of properties:841171181078070193
Other undisclosed net loss      (231)
Net income (loss):841171181078070(37)
Net loss attributable to noncontrolling interest(33)(51)(55)(55)(45)(43) 
Net income (loss) attributable to parent:516764523527(37)
Preferred stock dividends and other adjustments(2)(1)(1)(1)(1)(0) 
Net income (loss) available to common stockholders, diluted:496663513427(37)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):841171181078070(37)
Other comprehensive loss(21)(1)(11)(3)(2)  
Comprehensive income (loss):641161081047870(37)
Comprehensive income, net of tax, attributable to noncontrolling interest8052143 
Other undisclosed comprehensive loss, net of tax, attributable to parent(35)(52)(56)(56)(46)  
Comprehensive income (loss), net of tax, attributable to parent:3765575033113(37)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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