XML 100 R85.htm IDEA: XBRL DOCUMENT v3.4.0.3
Fair Value Measurements (Details) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Fair Value of Financial Instruments    
Marketable securities $ 43,915 $ 45,138
Interest rate cap and swap agreements (included in other assets) 6 204
Debt and preferred equity investments 1,378,616 1,670,020
Secured Debt, Bearing Fixed Interest, Amount 5,990,813 5,816,010
Secured Debt, Bearing Variable Interest, Amount 1,130,887 1,205,494
Accrued Interest Payable And Other Liabilities    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 2,600 10,776
Liabilities Held for Sale    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 12,077  
388-390 Greenwich Street    
Fair Value of Financial Instruments    
Secured Debt, Bearing Fixed Interest, Amount 1,004,000 1,004,000
Secured Debt, Bearing Variable Interest, Amount 446,000 446,000
388-390 Greenwich Street | Liabilities Held for Sale    
Fair Value of Financial Instruments    
Secured Debt, Bearing Fixed Interest, Amount 1,000,000  
Secured Debt, Bearing Variable Interest, Amount 446,000  
Carrying Value    
Fair Value of Financial Instruments    
Debt and preferred equity investments 1,378,616  
Fixed rate debt 7,154,930 7,232,254
Variable rate debt 2,908,887 3,202,494
Total 10,063,817 10,434,748
Fair Value    
Fair Value of Financial Instruments    
Marketable securities 43,915 45,138
Total 10,412,799 10,770,574
Estimated fair value of debt and preferred equity investments, low end of range 1,400,000 1,700,000
Estimated fair value of debt and preferred equity investments, high end of range 1,500,000 1,800,000
Level 1    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements (included in other assets) 0 0
Level 1 | Accrued Interest Payable And Other Liabilities    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 0 0
Level 1 | Liabilities Held for Sale    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 0  
Level 2    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements (included in other assets) 6 204
Level 2 | Accrued Interest Payable And Other Liabilities    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 2,600 10,776
Level 2 | Liabilities Held for Sale    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 12,077  
Level 3    
Fair Value of Financial Instruments    
Marketable securities 0 0
Interest rate cap and swap agreements (included in other assets) 0 0
Level 3 | Accrued Interest Payable And Other Liabilities    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 0 0
Level 3 | Liabilities Held for Sale    
Fair Value of Financial Instruments    
Interest rate cap and swap agreements 0  
Level 3 | Fair Value    
Fair Value of Financial Instruments    
Fixed rate debt 7,507,340 7,591,388
Variable rate debt 2,905,459 3,179,186
Equity marketable securities    
Fair Value of Financial Instruments    
Marketable securities 4,132 4,704
Equity marketable securities | Level 1    
Fair Value of Financial Instruments    
Marketable securities 4,132 4,704
Commercial mortgage-backed securities    
Fair Value of Financial Instruments    
Marketable securities 39,783 40,434
Commercial mortgage-backed securities | Level 2    
Fair Value of Financial Instruments    
Marketable securities $ 39,783 $ 40,434