Company: SLG-PI
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047886
Chunk: 117

Company: SL GREEN REALTY CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 117
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(67,004)Transaction related costs(13,601)Depreciable real estate reserves(8,546)Depreciable real estate reserves in unconsolidated joint venture(1,780)Loss on sale of real estate, net(1,717)Purchase price and other fair value adjustments(8,090)Equity in net gain on sale of interest in unconsolidated joint venture/real estate84,926 Gain on sale of marketable securities10,232 Depreciation and amortization(185,137)Amortization of deferred financing costs(5,153)Interest expense, net of interest income(118,922)Net Income$6,799 

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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)

September 30, 2024Real Estate SegmentSUMMIT SegmentDPE SegmentTotalTotal revenues$522,041 $94,643 $23,709 $640,393 Expenses:SUMMIT Operator expenses— 82,947 — SUMMIT Operator tax benefit— (1,219)— Operating Expenses139,448 — — Real Estate Taxes94,495 — — Operating lease rent19,136 — — Net operating income from unconsolidated joint ventures$314,663 Real Estate segment Net operating income$583,625 $583,625 Equity in net income from unconsolidated joint ventures— 6,465 Depreciation and amortization(1,713)— Interest expense, net of interest income— (21,399)Interest expense on senior obligations of consolidated securitization vehicles— (3,330)SUMMIT Net income and DPE Net income$11,202 $5,445 $16,647 Non-operating net loss from unconsolidated joint ventures(221,071)Marketing, general and administrative expense(62,360)Transaction related costs(263)Gain on early extinguishment of debt17,777 Depreciable real estate reserves(65,839)Gain on sale of real estate, net4,730 Purchase price and other fair value adjustments(36,321)Equity in net gain on sale of interest in unconsolidated joint venture/real estate19,006 Depreciation and amortization(152,