Company: SLG-PI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001040971-25-000010
Chunk: 48

Company: SL GREEN REALTY CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 48
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,452 59,452 Cash distributions to noncontrolling interests(11,053)(11,053)Cash distributions declared ($3.0075 per common unit, none of which represented a return of capital for federal income tax purposes)(196,979)(196,979)Balance at December 31, 2024$221,932 71,097 $3,711,172 $18,196 $118,651 $4,069,951 

The accompanying notes are an integral part of these consolidated financial statements.

74

Table of ContentsSL Green Operating Partnership, L.P.Consolidated Statements of Cash Flows(in thousands)

 Year Ended December 31, 202420232022Operating Activities  Net income (loss)$30,222 $(599,337)$(76,303)Adjustments to reconcile net income (loss) to net cash provided by operating activities:Depreciation and amortization214,062 255,647 223,984 Equity in net loss from unconsolidated joint ventures179,695 76,509 57,958 Distributions of cumulative earnings from unconsolidated joint ventures12,992 9,897 780 Equity in net (gain) loss on sale of interest in unconsolidated joint venture/real estate(208,144)13,368 131 Purchase price and other fair value adjustments(88,966)17,260 8,118 Depreciable real estate reserves and impairments104,071 382,374 6,313 (Gain) loss on sale of real estate, net(3,025)32,370 84,485 Loan loss reserves and other investment reserves, net of recoveries— 6,890 — (Gain) loss on early extinguishment of debt(43,762)870 — Deferred rents receivable(1,535)(17,903)(5,749)Non-cash lease expense20,290 20,435 22,403 Other non-cash adjustments46,219 28,174 (5,676)Changes in operating assets and liabilities:Tenant and other receivables(11,804)(1,725)14,370 Related party receivables(11,414)15,788 6,666 Deferred lease costs(29,271)(17,427)(21,792)Other assets15,968 (1,922