Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 119

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 119
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 and administrative expense(21,579)Transaction related costs(177)Loss on sale of real estate, net(167)Purchase price and other fair value adjustments(9,617)Equity in net loss on sale of interest in unconsolidated joint venture/real estate(1,946)Gain on sale of marketable securities10,232 Depreciation and amortization(59,277)Amortization of deferred financing costs(1,742)Interest expense, net of interest income(38,345)Net Loss$(6,817)

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Notes to Consolidated Financial Statements (cont.)June 30, 2025(unaudited)

June 30, 2024Real Estate SegmentSUMMIT SegmentDPE SegmentTotalTotal revenues$184,027 $32,602 $6,191 $222,820 Expenses:SUMMIT Operator expenses— 23,188 — SUMMIT Operator tax expense— 1,855 — Operating Expenses46,333 — — Real Estate Taxes32,058 — — Operating lease rent6,368 — — Net operating income from unconsolidated joint ventures$77,193 Real Estate segment Net operating income$176,461 $176,461 Equity in net income from unconsolidated joint ventures— 1,720 Depreciation and amortization(448)— Interest expense, net of interest income— (6,917)SUMMIT and DPE Net income$7,111 $994 $8,105 Non-operating net loss from unconsolidated joint ventures(74,588)Marketing, general and administrative expense(20,032)Transaction related costs(76)Gain on early extinguishment of debt17,777 Depreciable real estate reserves(13,721)Loss on sale of real estate, net(2,741)Purchase price and other fair value adjustments1,265 Equity in net loss on sale of interest in unconsolidated joint venture/real estate(8,129)Depreciation and amortization(51,799)Amortization of deferred financing costs(1,677)Interest expense, net of interest income(28,886)Net Income$1,959 For the real estate segment, the primary sources of revenue are tenant rents and escalations and reimbursement revenue.