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Empire State Realty Trust ESRT Real Estate — Property 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 us-gaap:OperatingCostsAndExpenses.
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 |
|---|---|---|---|---|
| Intercompany rental revenue | 14,771 | — | (14,771) | — |
| 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 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Empire State Realty Trust's real estate — property operating expenses?
- Empire State Realty Trust (ESRT) reported real estate — property operating expenses of $47.77M in Q2 2026.
- How has Empire State Realty Trust's real estate — property operating expenses changed year-over-year?
- Empire State Realty Trust's real estate — property operating expenses increased by 6.4% year-over-year, from $44.88M to $47.77M.
- What is the long-term trend for Empire State Realty Trust's real estate — property operating expenses?
- Over 4 years (2021 to 2025), Empire State Realty Trust's real estate — property operating expenses has grown at a 9.8% compound annual growth rate (CAGR), from $126.99M to $184.71M.
- What does real estate — property operating expenses mean?
- Includes all direct costs associated with the maintenance, management, and operation of real estate assets, such as utilities, repairs, and onsite staffing. Monitoring this metric is essential for evaluating the operational efficiency and cost control of the property portfolio.
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