Company: SLG-PI
Filing Date: 2025-04-17
Form Type: 10-K/A
Source: 0001040971-25-000019
Chunk: 53

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-17
Form: 10-K/A
Chunk 53
---
 $ 214.7million preferred equity investment that is included in Investment in unconsolidated joint ventures in our consolidated balance sheet. See Note 6, "Investments in Unconsolidated Joint Ventures."

The following table is a roll forward of our total allowance for loan losses for the years ended December 31, 2024, 2023 and 2022 (in thousands):

|                                        |     | Year Ended December 31, |   2024 |     |    |     |   |   2023 |     |    |     |   |  2022 |
|:---------------------------------------|:----|:------------------------|-------:|:----|---:|:----|:--|-------:|:----|---:|:----|:--|------:|
| Balance at beginning of year           |     | $                       | 13,520 |     |    |     | $ |  6,630 |     |    |     | $ | 6,630 |
| Current period provision for loan loss |     |                         |      — |     |    |     |   |  6,890 |     |    |     |   |     — |
| Balance at end of period               |     | $                       | 13,520 |     | -1 |     | $ | 13,520 |     | -1 |     | $ | 6,630 |

(1) As of December 31, 2024, all financing receivables on non-accrual had an allowance for loan loss except for onedebt investment with a carrying value of $ 53.5million, which is included in the Company's alternative strategy portfolio.

As of December 31, 2024, oneinvestment, which is fully reserved, was not performing in accordance with its respective terms. As of December 31, 2023, twoinvestments with a carrying value, net of reserves, of $ 49.8million were not performing in accordance with their respective terms. This is further discussed in the Debt Investments and Preferred Equity Investments tables below.

Noother financing receivables were 90 days past due as of December 31, 2024 and December 31, 2023.

The following table sets forth the carrying value of our debt and preferred equity investment portfolio by risk rating as of December 31, 2024 and 2023 (dollars in thousands):

|                                                      |