Company: SLG-PI
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047886
Chunk: 93

Company: SL GREEN REALTY CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 93
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 activity relating to the noncontrolling interests in the Operating Partnership for the nine months ended September 30, 2025 and the twelve months ended December 31, 2024 (in thousands):September 30, 2025December 31, 2024Balance at beginning of period$288,941 $238,051 Distributions(11,687)(13,915)Issuance of common units14,083 20,790 Redemption and conversion of common units(21,558)(28,663)Net (loss) income(503)497 Accumulated other comprehensive (loss) income allocation(2,646)151 Fair value adjustment14,243 72,030 Balance at end of period$280,873 $288,941 

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Notes to Consolidated Financial Statements (cont.)September 30, 2025(unaudited)

Preferred Units of Limited Partnership Interest in the Operating PartnershipBelow is a summary of the preferred units of limited partnership interest in the Operating Partnership as of September 30, 2025:IssuanceStated Distribution RateNumber of Units AuthorizedNumber of Units IssuedNumber of Units OutstandingAnnual Dividend Per Unit(1)Liquidation Preference Per Unit(2)Conversion Price Per Unit(3)Date of IssuanceSeries A (4)6.00 %109,161 109,161 109,161 $60.0000 $1,000.00 $— August 2015Series F7.00 %60 60 60 70.0000 1,000.00 29.12 January 2007Series K3.50 %700,000 563,954 341,677 0.8750 25.00 134.67 August 2014Series L4.00 %500,000 378,634 272,783 1.0000 25.00 — August 2014Series R3.50 %400,000 400,000 400,000 0.8750 25.00 154.89 August 2015Series S4.00 %1,077,280 1,077,280 1,077,280 1.0000 25.00 — August 2015Series V (5)