Company: SLG-PI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001040971-25-000022
Chunk: 38

Company: SL GREEN REALTY CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 38
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 cumulative earnings from unconsolidated joint ventures9,460 71,545 Net proceeds from disposition of real estate/joint venture interest93,520 26,420 Proceeds from sale or redemption of marketable securities10,973 — Investments in real estate loans held by consolidated securitization vehicles(49,296)— Other investments(5,679)(2,770)Origination of debt and preferred equity investments(11,786)(6,945)Net cash used in investing activities(176,273)(3,713)

17

Table of ContentsSL Green Operating Partnership, L.P.Consolidated Statements of Cash Flows(unaudited, in thousands)

Three Months Ended March 31, 20252024Financing Activities  Proceeds from mortgages and other loans payable89,253 493 Repayments of mortgages and other loans payable(3,550)(1,501)Proceeds from revolving credit facility, term loans and unsecured notes420,000 130,000 Repayments of revolving credit facility, term loans and unsecured notes(250,000)(40,000)Proceeds from stock options exercised and DRSPP issuance75 77 Proceeds from issuance of common stock(871)— Redemption of OP units(11,267)(18,608)Distributions to noncontrolling interests in other partnerships(221)(1,283)Contributions from noncontrolling interests in other partnerships3,386 — Distributions paid on common and preferred units(64,351)(57,751)Tax withholdings related to restricted share awards(6,850)— Deferred loan costs(651)(60)Net cash provided by financing activities174,953 11,367 Net decrease in cash, cash equivalents, and restricted cash5,390 (17,023)Cash, cash equivalents, and restricted cash at beginning of year331,638 335,519 Cash, cash equivalents, and restricted cash at end of period$337,028 $318,496 Supplemental Disclosure of Non-Cash Investing and Financing Activities:Measurement adjustment for redeemable noncontrolling interest$12,940 $42,841 Consolidation of a subsidiary— 6,678 Consolidation of mortgage loan payable— 205,000 Acquisition of subsidiary interest from noncontrolling interest— 5,674 Contribution to consolidated joint venture interest51 — Removal of fully depreciated commercial