SL Green Realty Corp. on Jan. 25 reported earnings for the 2016 fourth quarter and full year.

For the fourth quarter, funds from operations totaled $150.8 million, or $1.43 per share, net of transaction-related costs of $1.6 million, or 2 cents per share. FFO for the year-ago quarter, by comparison, came to $167.2 million, or $1.61 per share, net of transaction-related costs of $1.4 million, or 11 cents per share.

For the full year, the company reported FFO of $869.9 million, or $8.29 per share, net of transaction-related costs of $10.6 million, or 10 cents per share. In 2015, FFO totaled $661.8 million, or $6.38 per share, net of transaction-related costs of $11.5 million, or 1 cent per share.

The 2016 FFO results factor in a lease termination fee of $94.0 million, or 90 cents per share, as well as a write-off of accounting related balances of $75.3 million, of 72 cents per share, related to the early lease termination and sale of 388-390 Greenwich St. to Citigroup Inc.

The S&P Capital IQ consensus FFO estimates for the 2016 fourth quarter and full year were $1.43 per share and $8.21 per share, respectively.

Same-store cash NOI on a combined basis increased by 5.5% year over year during the quarter and increased by 6.0% year over year during the full year.