Company: SLG-PI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001040971-25-000010
Chunk: 60

Company: SL GREEN REALTY CORP
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 60
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Identified intangible assets (included in other assets):Gross amount$378,277 $189,680 Accumulated amortization(197,211)(184,902)Net$181,066 $4,778 Identified intangible liabilities (included in deferred revenue):Gross amount$243,703 $205,394 Accumulated amortization(204,092)(202,089)Net$39,611 $3,305 The estimated annual amortization of acquired above-market leases, net of acquired (below-market) leases (a component of rental revenue), for each of the five succeeding years is as follows (in thousands):    2025$5,828 20265,265 20274,754 20284,058 20293,719 The estimated annual amortization of all other identifiable assets (a component of depreciation and amortization expense) including tenant improvements for each of the five succeeding years is as follows (in thousands):2025$30,485 202626,943 202721,648 202816,492 202915,008 Cash and Cash EquivalentsWe consider all highly liquid investments with maturity of three months or less when purchased to be cash equivalents.Restricted CashRestricted cash primarily consists of security deposits held on behalf of our tenants, interest reserves, as well as capital improvement and real estate tax escrows required under certain loan agreements.Fair Value MeasurementsSee Note 16, "Fair Value Measurements."

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Notes to Consolidated Financial Statements (cont.)December 31, 2024    

Investment in Marketable SecuritiesAt acquisition, we designate a debt security as held-to-maturity, available-for-sale, or trading. As of December 31, 2024, we did not have any debt securities designated as trading. We account for our available-for-sale securities at fair value pursuant to ASC 820-10, with the net unrealized gains or losses reported as a component of accumulated other comprehensive income or loss. The cost of marketable securities sold and the amount reclassified out of accumulated other comprehensive income into earnings is determined using the specific identification method. We account for our held-to-maturity securities at amortized cost basis. Credit losses for our debt securities are recognized in accordance with ASC 326. No allowance for loan losses were recognized for the years ended December 31, 2024, 2023 and 202