Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 137

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 137
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 of operating cash flow.

The combined aggregate principal maturities of mortgages and other loans payable, the 2021 credit facility, senior unsecured notes (net of discount), trust preferred securities, our share of joint venture debt, including as-of-right extension options, estimated interest expense, and our obligations under our financing and operating leases, as of June 30, 2025 are as follows (in thousands):

Remaining 20252026202720282029ThereafterTotalProperty mortgages and other loans$370,000 $190,148 $926,153 $284,775 $— $272,326 $2,043,402 Revolving credit facility— — 360,000 — — — 360,000 Unsecured term loans— 100,000 1,050,000 — — — 1,150,000 Senior unsecured notes100,000 — — — — — 100,000 Trust preferred securities— — — — — 100,000 100,000 Financing leases1,616 3,276 3,325 3,375 3,426 193,368 208,386 Operating leases27,137 54,634 54,796 55,311 55,543 1,172,846 1,420,267 Estimated interest expense90,400 165,230 85,856 31,339 27,761 275,893 676,479 Joint venture debt1,120,691 1,009,242 1,730,905 382,294 — 1,800,300 6,043,432 Total$1,709,844 $1,522,530 $4,211,035 $757,094 $86,730 $3,814,733 $12,101,966 

We estimate that for the remainder of the year ending December 31, 2025, we expect to incur $67.1 million of leasing capital expenditures and $26.0 million of recurring capital expenditures on existing consolidated properties, of which $17.7 million will be funded by loan reserves. In addition, we expect to incur $19.1 million of development or redevelopment expenditures on existing consolidated properties, none of which will be funded by construction financing facilities or loan reserves. We expect our