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Impairment Charges at other companies

Cousins Properties logo
Cousins PropertiesCUZ
$258.5K
Net Lease Office Properties logo
Net Lease Office PropertiesNLOP
$0
Gladstone Commercial Corporation logo
Gladstone Commercial CorporationGOOD
$0-100%

Segments

By segment

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Observatory$166.1M+300%

Other financials

Income statement

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Revenue$196.9M+3.0%
Operating income-$138.7M-495%
Net income-$39.6M-447%
EPS (diluted)-$0.15-475%

Balance sheet

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Cash & equivalents$128.2M-6.2%
Total debt$2.4B+3.1%
Total equity$1.0B+0.1%
Total assets$4.3B+4.8%

Cash flow

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Operating cash flow$19.5M-26.9%
CapEx$31.0M-62.1%
Free cash flow$50.7M+23.5%

Valuation

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Market cap$836.15M-31.6%
Enterprise value$3.11B-9.0%
P/E90.3×+72.5×
P/S1.1×-0.5×

Profitability

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Operating margin-4.4%-23.8pp
Net margin1.2%-7.8pp
FCF margin10.4%

Returns & leverage

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Return on equity0.9%-5.8pp
Debt / equity2.3×+0.1×

Where this comes from

Reported directly by Empire State Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

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, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative expenses25,12318,68543,21635,625
Observatory expenses11,7959,82219,66317,940
Real estate taxes32,91232,60767,52565,657
Goodwill impairment charge166,113166,113
Depreciation and amortization50,38947,802100,60896,581
Total operating expenses335,612156,128496,480310,406
Total operating income (loss)(138,713)35,122(109,256)60,910
Other income (expense):

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Empire State Realty Trust's impairment charges?
Empire State Realty Trust (ESRT) reported impairment charges of $166.11M in Q2 2026.
What is the long-term trend for Empire State Realty Trust's impairment charges?
Over 2 years (2021 to 2023), Empire State Realty Trust's impairment charges has grown at a -100.0% compound annual growth rate (CAGR), from $7.72M to $0.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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