Company: SLG-PI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001040971-25-000010
Chunk: 116

Company: SL GREEN REALTY CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 116
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 gain (loss) on derivative instruments (1)SL Green's share of joint venture net unrealized (loss) gain on derivative instruments (2)Net unrealized (loss) gain on marketable securitiesTotalBalance at December 31, 2021$(25,881)$(21,994)$1,117 $(46,758)Other comprehensive income (loss) before reclassifications78,300 23,405 (1,359)100,346 Amounts reclassified from accumulated other comprehensive income (4,619)635 — (3,984)Balance at December 31, 202247,800 2,046 (242)49,604 Other comprehensive (loss) income before reclassifications17,269 6,950 (1,549)22,670 Amounts reclassified from accumulated other comprehensive income(39,717)(15,080)— (54,797)Balance at December 31, 202325,352 (6,084)(1,791)17,477 Other comprehensive income before reclassifications39,049 6,515 525 46,089 Amounts reclassified from accumulated other comprehensive income(35,071)(10,299)— (45,370)Balance at December 31, 2024$29,330 $(9,868)$(1,266)$18,196 (1)Amount reclassified from accumulated other comprehensive income is included in interest expense in the respective consolidated statements of operations. As of December 31, 2024 and 2023, the deferred net gains from these terminated hedges, which is included in accumulated other comprehensive income relating to net unrealized gain (loss) on derivative instruments, was ($0.2 million) and ($0.4 million), respectively. (2)Amount reclassified from accumulated other comprehensive income is included in equity in net loss from unconsolidated joint ventures in the respective consolidated statements of operations.

16. Fair Value Measurements

We are required to disclose fair value information with regard to certain of our financial instruments, whether or not recognized in the consolidated balance sheets, for which it is practical to estimate fair value. The FASB guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. We measure and/or disclose the estimated fair value of certain financial assets and liabilities based on a hierarchy that distinguishes