Company: SLG-PI
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047886
Chunk: 114

Company: SL GREEN REALTY CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 114
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938 11,498 $(21,190)$(7,808)$20,528 $41,244 The following table summarizes the notional value at inception and fair value of our joint ventures' derivative financial instruments as of September 30, 2025 based on Level 2 information. The notional value is an indication of the extent of our involvement in these instruments at that time, but does not represent exposure to credit, interest rate or market risks (dollars in thousands).NotionalValueStrikeRateEffectiveDateExpirationDateClassificationFairValueInterest Rate Cap$685,455 4.000 %May 2025November 2025 Asset $87 Interest Rate Swap250,000 3.608 %April 2023February 2026 Asset 245 Interest Rate Swap250,000 3.608 %April 2023February 2026 Asset 245 Interest Rate Swap177,000 1.555 %December 2022February 2026 Asset 1,562 Interest Rate Cap289,257 4.000 %July 2025June 2026 Asset 75 Interest Rate Swap268,750 4.039 %July 2024September 2028 Liability (5,579)Interest Rate Swap268,750 4.058 %July 2024September 2028 Liability (5,722)Interest Rate Swap537,500 4.065 %July 2024September 2028 Liability (11,681)$(20,768)

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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)

18. Lease Income

The Operating Partnership is the lessor and the sublessor to tenants under operating and sales-type leases. The minimum rental amounts due under the leases are generally subject to scheduled fixed increases or adjustments. The leases generally also require that the tenants reimburse us for increases in certain operating costs and real estate taxes above their base year costs.The components of lease income from operating leases in our consolidated statements of operations during the three and nine months ended September 30, 2025 and 2024 were as follows (in thousands):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Fixed lease payments$151,178 $140,450 $446