Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 49

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 49
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64,726 $3,546,906 $17,477 $69,610 $3,855,925 Net income19,204 (3,165)16,039 Net income attributable to partnership units(748)(748)Acquisition of subsidiary interest from noncontrolling interest(5,674)(5,674)Other comprehensive income22,894 22,894 Perpetual preferred unit dividends(7,475)(7,475)DRSPP proceeds2 120 120 Reallocation of noncontrolling interest in the Operating Partnership(42,477)(42,477)Deferred compensation plan and unit awards, net of forfeitures and tax withholdings86 10,179 10,179 Contributions to consolidated joint venture interests1,823 1,823 Consolidation of joint venture interest6,678 6,678 Cash distributions to noncontrolling interests(2,807)(2,807)Cash distributions declared ($1.500 per common unit, none of which represented a return of capital for federal income tax purposes)(96,716)(96,716)Balance at June 30, 2024$221,932 64,814 $3,428,993 $40,371 $66,465 $3,757,761 

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

20

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

Six Months Ended June 30, 20252024Operating Activities   Net (loss) income$(28,362)$20,348 Adjustments to reconcile net (loss) income to net cash provided by operating activities:Depreciation and amortization128,087 104,047 Equity in net loss (income) from unconsolidated joint ventures21,605 (115,485)Distributions of cumulative earnings from unconsolidated joint ventures280 237 Equity in net loss (gain) on sale of interest in unconsolidated joint venture/real estate1,946 (18,635)Purchase price and other fair value adjustments19,228 49,227 Depreciable real estate reserves and impairment8,546 65,839 Loss on sale of real estate, net649 2,741 Loan loss reserves and other investment reserves, net of recoveries(71,326)— Gain