Company: SLG-PI
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047886
Chunk: 106

Company: SL GREEN REALTY CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 106
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 identical assets or liabilities that the reporting entity can access at the measurement date; Level 2 - inputs other than quoted prices included within Level 1, that are observable for the asset or liability, either directly or indirectly; and Level 3 - unobservable inputs for the asset or liability that are used when little or no market data is available. We follow this hierarchy for our assets and liabilities measured at fair value on a recurring and nonrecurring basis. In instances in which the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level of input that is significant to the fair value measurement in its entirety. Our assessment of the significance of the particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. 

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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)

Financial Assets and Liabilities Measured at Fair Value on a Recurring BasisThe following tables set forth the assets and liabilities that we measure at fair value on a recurring basis by their levels in the fair value hierarchy as of September 30, 2025 and December 31, 2024 (in thousands):September 30, 2025TotalLevel 1Level 2Level 3Assets:Marketable securities available-for-sale$16,099 $— $16,099 $— Interest rate cap and swap agreements (included in Other assets)$8,964 $— $8,964 $— Real estate loans held by consolidated securitization vehicles$1,013,273 $— $995,054 $18,219 Debt fund investments(1)$73,402 $— $67,975 $5,427 Liabilities:Interest rate cap and swap agreements (included in Other liabilities)$17,544 $— $17,544 $— Senior obligations of consolidated securitization vehicles$1,013,273 $— $995,054 $18,219 Secured borrowing (included in Other liabilities) (2)$236,886 $— $— $236,886 (1)During the nine months ended September 30, 2025 the Fund purchased $5.