Empire State Realty Trust, Inc. (ESRT) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5272346054645544746
Cash and cash equivalents5272342054645544746
Short-term investments  400    
Total current assets:5272346054645544746
Noncurrent Assets
Operating lease, right-of-use asset2929
Property, plant and equipment201201201201201201201
Intangible assets, net (including goodwill)491491491491491491782
Goodwill491491491491491491491
Intangible assets, net (excluding goodwill)      290
Deferred costs202224235254273311 
Total noncurrent assets:9249469289479651,003983
Other undisclosed assets2,7002,7522,6632,5202,3712,2512,268
TOTAL ASSETS:4,1513,9324,1963,9313,8913,3013,296
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities2,4191,9842,2051,9541,9081,9281,915
Total liabilities:2,4191,9842,2051,9541,9081,9281,915
Stockholders' equity
Stockholders' equity attributable to parent, including:1,0551,2291,2381,1681,154525469
Additional paid in capital1,1481,2321,2041,1281,104469407
Accumulated other comprehensive loss(28)(21)(9)(9)(3)(1) 
Retained earnings (accumulated deficit)(66)164247515561
Other undisclosed stockholders' equity attributable to parent2222211
Stockholders' equity attributable to noncontrolling interest646690745801821840904
Other undisclosed stockholders' equity302988888
Total stockholders' equity:1,7311,9481,9911,9781,9831,3731,381
TOTAL LIABILITIES AND EQUITY:4,1513,9324,1963,9313,8913,3013,296

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues609731732712678658635
Revenue, net585553545524
Operating lease, lease income563586
Operating leases, income statement, lease revenue493
Cost of revenue
(Cost of Goods and Services Sold)
     (3)(39)
Gross profit:609731732712678654597
Operating expenses(551)(577)(541)(517)(493)(506)(494)
Other undisclosed operating income     339
Operating income:59155191196185151141
Nonoperating income (expense)
(Investment Income, Nonoperating)
31111(0)   
Interest and debt expense(90)(79)(80)(71)(71)(67)(66)
Income (loss) from continuing operations before equity method investments, income taxes:(29)871221251138475
Other undisclosed loss from continuing operations before income taxes(1)      
Income (loss) from continuing operations before income taxes:(30)871221251138475
Income tax expense (benefit)7(2)(5)(7)(6)(4)(5)
Net income (loss):(23)841171181078070
Net loss attributable to noncontrolling interest (33)(51)(55)(55)(45)(43)
Net income (loss) attributable to parent:(23)516764523527
Preferred stock dividends and other adjustments(4)(2)(1)(1)(1)(1)(0)
Other undisclosed net income available to common stockholders, basic10      
Net income (loss) available to common stockholders, diluted:(17)496663513427

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(23)841171181078070
Other comprehensive loss(10)(21)(1)(11)(3)(2) 
Comprehensive income (loss):(33)641161081047870
Comprehensive income, net of tax, attributable to noncontrolling interest48052143
Other undisclosed comprehensive income (loss), net of tax, attributable to parent6(35)(52)(56)(56)(46) 
Comprehensive income (loss), net of tax, attributable to parent:(23)3765575033113

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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