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Empire State Realty Trust ESRT Observatory — Segment Operating Expenses
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Where this comes from
Reported directly by Empire State Realty Trust in its filing.
Tagged under the XBRL concept esrt:SegmentOperatingExpenses.
The source filing: Empire State Realty Trust’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:52 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001541401-26-000033
| (amounts in thousands) | Real Estate | Observatory | Intersegment Elimination | Total |
|---|---|---|---|---|
| Total revenues, excluding third-party management and other fees | 187,177 | 24,225 | (14,771) | 196,631 |
| Segment operating expenses: | ||||
| Property operating expenses | 47,774 | — | — | 47,774 |
| Observatory expenses | — | 11,795 | — | 11,795 |
| Other segment expenses(1) | 34,418 | 14,771 | (14,771) | 34,418 |
| Total segment operating expenses | 82,192 | 26,566 | (14,771) | 93,987 |
| Net operating income (loss) | $104,985 | $(2,341) | — | $102,644 |
| Segment assets | $4,177,101 | $95,997 | — | $4,273,098 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Empire State Realty Trust's observatory — segment operating expenses?
- Empire State Realty Trust (ESRT) reported observatory — segment operating expenses of $26.57M in Q2 2026.
- How has Empire State Realty Trust's observatory — segment operating expenses changed year-over-year?
- Empire State Realty Trust's observatory — segment operating expenses decreased by 12.9% year-over-year, from $30.49M to $26.57M.
- What is the long-term trend for Empire State Realty Trust's observatory — segment operating expenses?
- Over 3 years (2022 to 2025), Empire State Realty Trust's observatory — segment operating expenses has grown at a 6.0% compound annual growth rate (CAGR), from $96.04M to $114.54M.
- What does observatory — segment operating expenses mean?
- The aggregate of all costs incurred to operate the Observatory segment, including property-level expenses, direct attraction costs, and allocated overheads. This metric is essential for calculating the segment's operating margin and overall cost efficiency.
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