Company: SLG-PI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001040971-25-000010
Chunk: 29

Company: SL GREEN REALTY CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 29
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VIEs"). See Note 2. The consolidated balance sheets include the following amounts related to our consolidated VIEs, excluding the Operating Partnership: $236.7 million and $41.2 million of land, $159.1 million and $40.5 million of building and improvements, $— million and $— million of building and leasehold improvements, $— million and $— million of right of use assets, $4.1 million and $5.4 million of accumulated depreciation, 709.1 million and — million of real estate loans held by consolidated securitization vehicles, $830.3 million and $676.9 million of other assets included in other line items, $357.9 million and $50.0 million of real estate debt, net, $1.1 million and $0.9 million of accrued interest payable, $— million and $— million of lease liabilities, 590.1 million and — million of senior obligations of consolidated securitization vehicles and $324.8 million and $306.5 million of other liabilities included in other line items as of December 31, 2024 and December 31, 2023, respectively.

The accompanying notes are an integral part of these consolidated financial statements.

59

Table of ContentsSL Green Realty Corp.Consolidated Statements of Operations(in thousands, except per share data)

Year Ended December 31,202420232022RevenuesRental revenue, net$605,999 $683,335 $671,500 SUMMIT Operator revenue133,214 118,260 89,048 Investment income24,353 34,705 81,113 Interest income from real estate loans held by consolidated securitization vehicles18,980 — — Other income103,726 77,410 77,793 Total revenues886,272 913,710 919,454 ExpensesOperating expenses, including related party expenses of $7 in 2024, $5 in 2023 and $5,701 in 2022189,598 196,696 174,063 Real estate taxes128,187 143,757 138,228 Operating lease rent24,423 27,292 26,943 SUMMIT Operator expenses111,739 101,211 89,207 Interest expense, net of interest income147,220 137,114 89,473 Amortization of deferred financing