XML 60 R72.htm IDEA: XBRL DOCUMENT v3.3.0.814
Mortgages and Other Loans Payable (Details) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2015
Feb. 28, 2015
Jan. 31, 2015
Dec. 31, 2014
Oct. 31, 2014
Debt Instrument [Line Items]            
Total fixed rate debt $ 5,824,875,000 $ 5,824,875,000     $ 4,736,709,000  
Total floating rate debt 1,040,508,000 1,040,508,000     1,103,942,000  
Total fixed rate and floating rate debt 6,865,383,000 6,865,383,000     5,840,651,000  
Mortgages reclassed to liabilities related to assets held for sale 0 0     (253,942,000)  
Total mortgages and other loans payable 6,865,383,000 6,865,383,000     5,586,709,000  
Federal Home Loan Bank Advances outstanding $ 6,000,000 $ 6,000,000        
Federal Home Loan Bank, advances, weighted-average borrowing rate (as a percent) 0.52% 0.52%        
Book value of collateral $ 10,500,000,000 $ 10,500,000,000     8,200,000,000  
Series J Preferred Stock            
Debt Instrument [Line Items]            
Total fixed rate debt 4,000,000 4,000,000     4,000,000  
Temporary Equity, Carrying Amount, Attributable to Noncontrolling Interest $ 4,000,000 $ 4,000,000        
Preferred units, shares outstanding 4,000 4,000        
Preferred Units (as a percent)   3.75%        
Preferred Units, liquidation preference (in dollars per unit) $ 1,000.00 $ 1,000.00        
FHLB Facility            
Debt Instrument [Line Items]            
Total fixed rate debt $ 1,000,000 $ 1,000,000     0  
Total floating rate debt 5,000,000 5,000,000     0  
Master Repurchase Agreement            
Debt Instrument [Line Items]            
Total floating rate debt 285,508,000 285,508,000     100,000,000  
Maximum facility capacity $ 300,000,000.0 300,000,000.0        
Basis Point Fee (as a percent) 0.25%          
Threshold amount for basis point fee to be applicable (less than) $ 150,000,000.0          
500 West Putnam Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 22,527,000 22,527,000     22,968,000  
Landmark Square            
Debt Instrument [Line Items]            
Total fixed rate debt 79,995,000 79,995,000     81,269,000  
485 Lexington Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 450,000,000 450,000,000     450,000,000  
762 Madison Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 7,916,000 7,916,000     8,045,000  
885 Third Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 267,650,000 267,650,000     267,650,000  
1745 Broadway            
Debt Instrument [Line Items]            
Total fixed rate debt 16,000,000 16,000,000     16,000,000  
388-390 Greenwich Street            
Debt Instrument [Line Items]            
Total fixed rate debt 1,004,000,000 1,004,000,000     1,004,000,000  
Total floating rate debt 446,000,000 446,000,000     446,000,000  
388-390 Greenwich Street | Swap One            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent)           3.80%
Total fixed rate debt           $ 504,000,000
388-390 Greenwich Street | Swap Two            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent)           2.69%
Total fixed rate debt           $ 500,000,000
One Madison Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 548,699,000 548,699,000     565,742,000  
100 Church Street            
Debt Instrument [Line Items]            
Total fixed rate debt 226,000,000 226,000,000     228,612,000  
919 Third Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt $ 500,000,000 $ 500,000,000     500,000,000  
Interest in property (as a percent) 51.00% 51.00%        
400 East 57th Street            
Debt Instrument [Line Items]            
Total fixed rate debt $ 67,962,000 $ 67,962,000     68,896,000  
400 East 58th Street            
Debt Instrument [Line Items]            
Total fixed rate debt 29,126,000 29,126,000     29,527,000  
420 Lexington Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 300,000,000 300,000,000     300,000,000  
1515 Broadway            
Debt Instrument [Line Items]            
Total fixed rate debt 900,000,000 900,000,000     900,000,000  
11 Madison Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 1,400,000,000 1,400,000,000     0  
711 Third Avenue            
Debt Instrument [Line Items]            
Total fixed rate debt 0 0     120,000,000  
120 West 45th Street            
Debt Instrument [Line Items]            
Total fixed rate debt 0 0     170,000,000  
248-252 Bedford Avenue            
Debt Instrument [Line Items]            
Total floating rate debt 29,000,000 29,000,000     29,000,000  
220 East 42nd Street            
Debt Instrument [Line Items]            
Total floating rate debt 275,000,000 275,000,000     275,000,000  
180 Maiden Lane            
Debt Instrument [Line Items]            
Total floating rate debt $ 0 $ 0     $ 253,942,000  
Weighted Average | Series J Preferred Stock            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 3.75% 3.75%        
Weighted Average | FHLB Facility            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 0.46% 0.46%        
Interest rate, floating rate debt (as a percent) 0.53% 0.53%        
Weighted Average | Master Repurchase Agreement            
Debt Instrument [Line Items]            
Interest rate, floating rate debt (as a percent) 3.35% 3.35%        
Weighted Average | 500 West Putnam Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 5.52% 5.52%        
Weighted Average | Landmark Square            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 4.00% 4.00%        
Weighted Average | 485 Lexington Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 5.61% 5.61%        
Weighted Average | 762 Madison Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 3.86% 3.86% 3.86% 3.75%    
Weighted Average | 885 Third Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 6.26% 6.26%        
Weighted Average | 1745 Broadway            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 4.81% 4.81%        
Weighted Average | 388-390 Greenwich Street            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 3.25% 3.25%        
Interest rate, floating rate debt (as a percent) 1.94% 1.94%        
Weighted Average | One Madison Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 5.91% 5.91%        
Weighted Average | 100 Church Street            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 4.68% 4.68%        
Weighted Average | 919 Third Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 5.12% 5.12%        
Weighted Average | 400 East 57th Street            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 4.13% 4.13%        
Weighted Average | 400 East 58th Street            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 4.13% 4.13%        
Weighted Average | 420 Lexington Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 3.99% 3.99%        
Weighted Average | 1515 Broadway            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 3.93% 3.93%        
Weighted Average | 11 Madison Avenue            
Debt Instrument [Line Items]            
Interest rate, fixed rate debt (as a percent) 3.84% 3.84%        
Weighted Average | 248-252 Bedford Avenue            
Debt Instrument [Line Items]            
Interest rate, floating rate debt (as a percent) 1.70% 1.70%        
Weighted Average | 220 East 42nd Street            
Debt Instrument [Line Items]            
Interest rate, floating rate debt (as a percent) 1.80% 1.80%        
LIBOR | Minimum | Master Repurchase Agreement            
Debt Instrument [Line Items]            
Credit facility, interest rate (as a percent)   2.50%        
LIBOR | Maximum | Master Repurchase Agreement            
Debt Instrument [Line Items]            
Credit facility, interest rate (as a percent)   3.25%