XML 173 R65.htm IDEA: XBRL DOCUMENT v3.8.0.1
Significant Accounting Policies - Investments in Commercial Real Estate Properties (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 30, 2015
Dec. 31, 2015
Sep. 30, 2016
Jun. 30, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Real Estate [Line Items]              
Depreciation expense (including amortization of the capital lease asset)         $ 365,300 $ 783,500 $ 523,800
Impairment Charge       $ 10,400      
Period from cessation of major construction to consider construction project as complete and available for occupancy, maximum (in years)         1 year    
Weighted average amortization period for above-market leases (in years)         6 years    
Weighted average amortization period for below-market leases (in years)         23 years 4 months    
Weighted average amortization for in-place lease costs (in years)         16 years 4 months    
Amortization of above and below Market Leases         $ 20,300 196,200 38,700
Reduction in interest expense from amortization of above-market rate mortgages         800 2,800 $ 2,300
Identified intangible assets (included in other assets):              
Gross amount         325,880 651,099  
Accumulated amortization         (277,038) (410,930)  
Net         48,842 240,169  
Identified intangible liabilities (included in deferred revenue):              
Gross amount         540,283 655,930  
Accumulated amortization         (402,583) (464,749)  
Net         137,700 $ 191,181  
Net intangible assets reclassed to assets held for sale         13,900    
Net intangible liabilities reclassed to liabilities relates to assets held for sale         4,100    
Other Identifiable Assets              
Estimated annual amortization              
2018         9,700    
2019         7,716    
2020         6,783    
2021         3,927    
2022         2,365    
Acquired above-market leases, net of acquired below-market leases              
Below Market Lease, Net, Amortization Income, Fiscal Year Maturity [Abstract]              
2018         (13,853)    
2019         (13,250)    
2020         (12,432)    
2021         (3,950)    
2022         $ (3,647)    
600 Lexington Avenue              
Real Estate [Line Items]              
Purchase price fair value adjustment realized $ 40,078 $ 40,100          
Maximum | Above-market leases              
Real Estate [Line Items]              
Estimated useful life of other intangible assets (in years)         14 years    
Maximum | Below-market leases              
Real Estate [Line Items]              
Estimated useful life of other intangible assets (in years)         14 years    
Maximum | In-place leases              
Real Estate [Line Items]              
Estimated useful life of other intangible assets (in years)         14 years    
Minimum | Above-market leases              
Real Estate [Line Items]              
Estimated useful life of other intangible assets (in years)         1 year    
Minimum | Below-market leases              
Real Estate [Line Items]              
Estimated useful life of other intangible assets (in years)         1 year    
Minimum | In-place leases              
Real Estate [Line Items]              
Estimated useful life of other intangible assets (in years)         1 year    
Building (fee ownership)              
Real Estate [Line Items]              
Estimated useful life (in years)         40 years    
Building (leasehold interest) | Maximum              
Real Estate [Line Items]              
Estimated useful life (in years)         40 years    
Furniture and fixtures | Maximum              
Real Estate [Line Items]              
Estimated useful life (in years)         7 years    
Furniture and fixtures | Minimum              
Real Estate [Line Items]              
Estimated useful life (in years)         4 years    
Building | Maximum              
Real Estate [Line Items]              
Estimated useful life (in years)         40 years    
Building | Minimum              
Real Estate [Line Items]              
Estimated useful life (in years)         3 years    
140-150 Grand Street              
Real Estate [Line Items]              
Impairment Charge     $ 19,200        
388-390 Greenwich Street              
Real Estate [Line Items]              
Amortization of below market leases         $ 172,400