Company: SLG-PI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001040971-25-000022
Chunk: 27

Company: SL GREEN REALTY CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 27
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498 48,584 Loan loss and other investment reserves, net of recoveries(25,039)— Transaction related costs295 16 Marketing, general and administrative21,724 21,313 Total expenses243,922 204,807 Equity in net income from unconsolidated joint ventures1,170 111,160 Equity in net gain on sale of interest in unconsolidated joint venture/real estate— 26,764 Purchase price and other fair value adjustments(9,611)(50,492)Loss on sale of real estate, net(482)— Depreciable real estate reserves and impairment(8,546)(52,118)Net (loss) income(21,545)18,389 Net loss attributable to noncontrolling interests:Noncontrolling interests in the Operating Partnership1,465 (901)Noncontrolling interests in other partnerships4,897 1,294 Preferred units distributions(2,154)(1,903)Net (loss) income attributable to SL Green(17,337)16,879 Perpetual preferred stock dividends(3,738)(3,738)Net (loss) income attributable to SL Green common stockholders$(21,075)$13,141 Basic (loss) earnings per share$(0.30)$0.20 Diluted (loss) earnings per share$(0.30)$0.20 Basic weighted average common shares outstanding70,424 64,328 Diluted weighted average common shares and common share equivalents outstanding 70,424 70,095 

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

7

Table of ContentsSL Green Realty Corp.Consolidated Statements of Comprehensive (Loss) Income(unaudited, in thousands)

Three Months Ended March 31, 20252024Net (loss) income$(21,545)$18,389 Other comprehensive (loss) income:(Decrease) increase in unrealized value of derivative instruments, including SL Green's share of joint venture derivative instruments(25,352)23,214 Increase in unrealized value of marketable securities695 1,082 Other comprehensive (loss) income(24,657)24,296 Comprehensive (loss) income(46,202)42,685 Net income (loss) attributable to noncontrolling interests and preferred units distributions4,208 (1,510)Other comprehensive income (loss) attributable