XML 103 R84.htm IDEA: XBRL DOCUMENT v3.3.1.900
Mortgages and Other Loans Payable (Details)
12 Months Ended
Dec. 06, 2015
USD ($)
Dec. 31, 2015
USD ($)
advance
$ / shares
Feb. 28, 2015
Jan. 31, 2015
Dec. 31, 2014
USD ($)
Oct. 31, 2014
USD ($)
May. 31, 2014
USD ($)
Debt Instrument [Line Items]              
Total fixed rate debt   $ 5,816,010,000     $ 4,736,709,000    
Total floating rate debt   1,205,494,000     1,103,942,000    
Total fixed rate and floating rate debt   7,021,504,000     5,840,651,000    
Mortgages reclassed to liabilities related to assets held for sale   (29,000,000)     (253,942,000)    
Total mortgages and other loans payable   6,992,504,000     5,586,709,000    
Federal Home Loan Bank Advances outstanding   $ 45,800,000          
Federal Home Loan Bank, advances, weighted-average borrowing rate (as a percent)   0.55%          
Book value of collateral   $ 10,800,000,000     8,200,000,000    
Series J Preferred Units              
Debt Instrument [Line Items]              
Total fixed rate debt   4,000,000     4,000,000    
Temporary Equity, Carrying Amount, Attributable to Noncontrolling Interest   $ 4,000,000          
Preferred Units (as a percent)   3.75%          
Preferred Units, liquidation preference (in dollars per unit) | $ / shares   $ 1,000.00          
Series J Preferred Units | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   3.75%          
Master Repurchase Agreement              
Debt Instrument [Line Items]              
Total floating rate debt   $ 253,424,000     100,000,000    
Maximum facility capacity   $ 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            
Master Repurchase Agreement | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, floating rate debt (as a percent)   3.36%          
Master Repurchase Agreement | Minimum | LIBOR              
Debt Instrument [Line Items]              
Credit facility, interest rate (as a percent)   2.50%          
Master Repurchase Agreement | Maximum | LIBOR              
Debt Instrument [Line Items]              
Credit facility, interest rate (as a percent)   3.25%          
FHLB Facility              
Debt Instrument [Line Items]              
Total floating rate debt   $ 45,750,000     0    
Number of Federal Home Loan Bank Advances | advance   4          
FHLB Facility | Minimum              
Debt Instrument [Line Items]              
Federal Home Loan Bank, advances, weighted-average borrowing rate (as a percent)   0.50%          
FHLB Facility | Maximum              
Debt Instrument [Line Items]              
Federal Home Loan Bank, advances, weighted-average borrowing rate (as a percent)   0.58%          
FHLB Advance Maturing in April 2016              
Debt Instrument [Line Items]              
Federal Home Loan Bank Advances outstanding   $ 1,000,000          
FHLB Advance Maturing in April 2016, 2              
Debt Instrument [Line Items]              
Federal Home Loan Bank Advances outstanding   15,800,000          
FHLB Advance Maturing in June 2016              
Debt Instrument [Line Items]              
Federal Home Loan Bank Advances outstanding   5,000,000          
FHLB Advance Maturing in December 2016              
Debt Instrument [Line Items]              
Federal Home Loan Bank Advances outstanding   24,000,000          
500 West Putnam Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 22,376,000     22,968,000    
500 West Putnam Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   5.52%          
Landmark Square              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 79,562,000     81,269,000    
Landmark Square | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   4.00%          
485 Lexington Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 450,000,000     450,000,000    
485 Lexington Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   5.61%          
762 Madison Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 7,872,000     8,045,000    
762 Madison Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   3.84% 3.86% 3.75%      
885 Third Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 267,650,000     267,650,000    
885 Third Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   6.26%          
1745 Broadway              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 16,000,000     16,000,000    
1745 Broadway | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   4.81%          
388-390 Greenwich Street              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 1,004,000,000     1,004,000,000    
Total floating rate debt   $ 446,000,000     446,000,000    
388-390 Greenwich Street | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   3.25%          
Interest rate, floating rate debt (as a percent)   1.94%          
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   $ 542,817,000     565,742,000    
One Madison Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   5.91%          
100 Church Street              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 225,099,000     228,612,000    
100 Church Street | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   4.68%          
919 Third Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 500,000,000     500,000,000    
Interest in property (as a percent)   51.00%          
919 Third Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   5.12%          
400 East 57th Street              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 67,644,000     68,896,000    
400 East 57th Street | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   4.13%          
400 East 58th Street              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 28,990,000     29,527,000    
400 East 58th Street | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   4.13%          
420 Lexington Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 300,000,000     300,000,000    
420 Lexington Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   3.99%          
1515 Broadway              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 900,000,000     900,000,000    
1515 Broadway | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   3.93%          
11 Madison Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 1,400,000,000     0    
11 Madison Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, fixed rate debt (as a percent)   3.84%          
711 Third Avenue              
Debt Instrument [Line Items]              
Total fixed rate debt   $ 0     120,000,000    
120 West 45th Street              
Debt Instrument [Line Items]              
Total fixed rate debt   0     170,000,000    
600 Lexington Avenue              
Debt Instrument [Line Items]              
Total floating rate debt   $ 112,795,000     0    
600 Lexington Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, floating rate debt (as a percent)   2.30%          
187 Broadway & 5-7 Dey Street              
Debt Instrument [Line Items]              
Total floating rate debt   $ 40,000,000     0    
187 Broadway & 5-7 Dey Street | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, floating rate debt (as a percent)   2.85%          
1080 Amsterdam              
Debt Instrument [Line Items]              
Total floating rate debt   $ 3,525,000     0    
1080 Amsterdam | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, floating rate debt (as a percent)   3.96%          
248-252 Bedford Avenue              
Debt Instrument [Line Items]              
Total floating rate debt   $ 29,000,000     29,000,000    
248-252 Bedford Avenue | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, floating rate debt (as a percent)   1.69%          
220 East 42nd Street              
Debt Instrument [Line Items]              
Total floating rate debt   $ 275,000,000     275,000,000    
220 East 42nd Street | Weighted Average              
Debt Instrument [Line Items]              
Interest rate, floating rate debt (as a percent)   1.80%          
180 Maiden Lane              
Debt Instrument [Line Items]              
Total floating rate debt   $ 0     $ 253,942,000