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EMPIRE STATE REALTY OP, L.P. SERIES ES 10-Q Filings

ESBA NYSE

Every 10-Q that EMPIRE STATE REALTY OP, L.P. SERIES ES (ESBA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow ESBA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ESBA filings page.

Rhea-AI Summary

Empire State Realty OP, L.P., the operating partnership of Empire State Realty Trust, reported Q2 2026 revenues of $196.9 million, compared with $191.3 million a year earlier, but a net loss attributable to common unitholders of $40.6 million, or $(0.15) per unit, driven mainly by a non‑cash $166.1 million goodwill impairment in its Observatory reporting unit and $5.5 million of one‑time severance costs.

The partnership also recorded a $124.6 million gain on the $275.0 million sale of 250 West 57th Street, while cash from operations for the first half of 2026 was $88.5 million. It acquired land under 111 West 33rd Street and 1400 Broadway for $110.0 million and a Williamsburg retail asset for $46.0 million, and ended June 30 with $2.24 billion of debt principal outstanding and full compliance with debt covenants.

Rhea-AI Summary

Empire State Realty OP, L.P. reported net income of $2.995 million for the quarter ended March 31, 2026, down from $15.778 million a year earlier, as prior-year results included a gain on disposition of property and higher interest income.

Total revenues rose to $190.325 million from $180.066 million, driven by a $11.563 million increase in rental revenue and $1.356 million of lease termination fees, partly offset by a $4.651 million decline in Observatory revenue. Net operating income increased to $97.492 million, while basic earnings per unit fell to $0.01 from $0.06. The company generated $68.910 million of cash from operating activities, invested $46.479 million in a new Williamsburg retail acquisition, and ended the quarter with $4.4057 billion in total assets and $2.3366 billion of principal debt outstanding.

Rhea-AI Summary

Empire State Realty OP, L.P. reported third‑quarter results for the period ended September 30, 2025. Total revenues were $197.7 million, compared with $199.6 million a year ago. Rental revenue increased to $158.4 million, while Observatory revenue was $36.0 million. Net income was $13.6 million and earnings per unit were $0.05, versus $22.8 million and $0.08 in the prior year period.

Operating income was $39.3 million as operating expenses rose modestly. For the nine months, revenues were $569.0 million and net income totaled $40.8 million. Cash provided by operating activities was strong at $215.2 million year‑to‑date, while cash and cash equivalents declined to $154.1 million after repayments on the unsecured revolving credit facility and the $100.0 million maturity of Series A senior notes.

Debt balances improved: the unsecured revolver had no borrowings at quarter‑end (from $120.0 million), and total senior unsecured notes declined to $1.10 billion. Subsequent to quarter‑end, the company agreed to privately place $175.0 million of 5.47% Series L Senior Notes due January 7, 2031, subject to customary closing conditions. The company remained in compliance with all debt covenants.