Empire State Realty Trust ESRT Amortization of acquired below-market ground leases
Amortization of acquired below-market ground leases at other companies
Other financials
Where this comes from
Reported directly by Empire State Realty Trust in its filing.
Tagged under the XBRL concept esrt:AmortizationOfBelowMarketGroundLease.
The official record: Empire State Realty Trust’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Empire State Realty Trust's amortization of acquired below-market ground leases?
- Empire State Realty Trust (ESRT) reported amortization of acquired below-market ground leases of $1.96M in Q1 2026.
- How has Empire State Realty Trust's amortization of acquired below-market ground leases changed year-over-year?
- Empire State Realty Trust's amortization of acquired below-market ground leases decreased by 0.0% year-over-year, from $1.96M to $1.96M.
- What is the long-term trend for Empire State Realty Trust's amortization of acquired below-market ground leases?
- Over 3 years (2021 to 2025), Empire State Realty Trust's amortization of acquired below-market ground leases has grown at a 0.0% compound annual growth rate (CAGR), from $7.83M to $7.83M.
- What does amortization of acquired below-market ground leases mean?
- This reflects the non-cash amortization of liabilities associated with ground leases acquired at terms more favorable than current market rates. It serves as an adjustment to reconcile net income to cash flow from operations by accounting for the difference between contractual ground rent and market-based ground rent. This metric helps investors understand the long-term cash impact of ground lease obligations.