XML 81 R66.htm IDEA: XBRL DOCUMENT v3.7.0.1
Mortgages and Other Loans Payable (Details)
1 Months Ended 3 Months Ended
Dec. 06, 2015
USD ($)
Sep. 30, 2016
USD ($)
extenstion_option
Mar. 31, 2017
USD ($)
$ / shares
Dec. 31, 2016
USD ($)
Debt Instrument [Line Items]        
Total fixed rate debt     $ 3,579,382,000 $ 3,518,127,000
Total floating rate debt     657,163,000 622,585,000
Total fixed rate and floating rate debt     4,236,545,000 4,140,712,000
Mortgages reclassed to liabilities related to assets held for sale     0 0
Total mortgages and other loans payable     4,236,545,000 4,140,712,000
Deferred financing costs, net of amortization     (69,275,000) (66,882,000)
Total mortgages and other loans payable, net     4,167,270,000 4,073,830,000
Book value of collateral     7,100,000,000 6,000,000,000
Series J Preferred Units        
Debt Instrument [Line Items]        
Total fixed rate debt     4,000,000 4,000,000
Limited partnership 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%  
FHLB Advance Maturing in January 2017        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 0 105,000,000
FHLB Advance Maturing in January 2017, 2        
Debt Instrument [Line Items]        
Total fixed rate debt     0 100,000,000
Unsecured Loan        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 16,000,000 16,000,000
Unsecured Loan | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     4.81%  
Master Repurchase Agreement        
Debt Instrument [Line Items]        
Total floating rate debt     $ 184,642,000 184,642,000
Maximum facility capacity     $ 300,000,000.0  
Basis Point Fee (as a percent) 25.00%      
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)     3.28%  
Master Repurchase Agreement | Minimum | LIBOR        
Debt Instrument [Line Items]        
Credit facility, interest rate (as a percent)     225.00%  
Master Repurchase Agreement | Maximum | LIBOR        
Debt Instrument [Line Items]        
Credit facility, interest rate (as a percent)     400.00%  
Landmark Square        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 100,000,000 100,000,000
Landmark Square | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     4.90%  
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)     4.41%  
762 Madison Avenue        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 771,000 7,694,000
762 Madison Avenue | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     3.99%  
One Madison Avenue        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 509,967,000 517,806,000
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     $ 220,161,000 221,446,000
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 58th Street        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 40,000,000 40,000,000
400 East 58th Street | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     3.00%  
Term (in Years)     5 years  
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     $ 884,470,000 888,531,000
1515 Broadway | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     3.93%  
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%  
719 Seventh Avenue        
Debt Instrument [Line Items]        
Total floating rate debt     $ 39,521,000 37,388,000
719 Seventh Avenue | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, floating rate debt (as a percent)     3.84%  
183, 187 Broadway & 5-7 Dey Street        
Debt Instrument [Line Items]        
Total floating rate debt     $ 58,000,000 58,000,000
183, 187 Broadway & 5-7 Dey Street | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, floating rate debt (as a percent)     3.48%  
1080 Amsterdam        
Debt Instrument [Line Items]        
Total floating rate debt     $ 0 3,525,000
1080 Amsterdam | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, floating rate debt (as a percent)      
315 West 33rd Street [Member]        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 250,000,000 0
315 West 33rd Street [Member] | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     4.17%  
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)     2.38%  
One Vanderbilt        
Debt Instrument [Line Items]        
Total floating rate debt     $ 100,000,000 64,030,000
One Vanderbilt | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, floating rate debt (as a percent)     4.29%  
One Vanderbilt | Construction Loans        
Debt Instrument [Line Items]        
Term (in Years)   5 years    
Number of extension options | extenstion_option   2    
Period of extension options   1 year    
Maximum facility capacity   $ 1,500,000,000.0    
One Vanderbilt | Construction Loans | LIBOR        
Debt Instrument [Line Items]        
Credit facility, interest rate (as a percent)   350.00%    
Amsterdam Avenue 1080 [Member]        
Debt Instrument [Line Items]        
Total fixed rate debt     $ 36,363,000 $ 0
Total fixed rate debt     35,500,000  
Secured Debt, Bearing Fixed Interest, Subordinate Loan Amount     $ 900,000  
Amsterdam Avenue 1080 [Member] | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     3.63%  
Term (in Years)     5 years  
Amsterdam Avenue 1080 [Member] | Mortgage loan | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     3.50%  
Amsterdam Avenue 1080 [Member] | Subordinate loan | Weighted Average        
Debt Instrument [Line Items]        
Interest rate, fixed rate debt (as a percent)     7.00%