XML 79 R64.htm IDEA: XBRL DOCUMENT v3.20.2
Debt and Preferred Equity Investments - Debt and Preferred Equity Investments (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Carrying Value $ 1,221,936 $ 1,580,306
Senior Financing  
Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 486,999  
Face Value 500,052  
Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 734,937  
Face Value 750,909  
Senior Mortgage Debt    
Debt Instrument [Line Items]    
Carrying Value 118,846  
Senior Financing 0  
Senior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 117,673  
Face Value 118,490  
Senior Mortgage Debt | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 1,173  
Face Value $ 1,250  
Interest rate 3.00%  
Junior Mortgage Debt    
Debt Instrument [Line Items]    
Carrying Value $ 118,394  
Senior Financing 520,147  
Junior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 85,672  
Face Value 92,887  
Junior Mortgage Debt | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 32,722  
Face Value $ 33,000  
Interest rate 6.00%  
Mezzanine Debt    
Debt Instrument [Line Items]    
Carrying Value $ 731,307  
Senior Financing 4,526,784  
Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 283,654  
Face Value 288,675  
Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 447,653  
Face Value 460,015  
Preferred Equity    
Debt Instrument [Line Items]    
Carrying Value 253,389  
Senior Financing 1,962,750  
Preferred Equity | Total floating rate    
Debt Instrument [Line Items]    
Carrying Value 0  
Face Value 0  
Preferred Equity | Total fixed rate    
Debt Instrument [Line Items]    
Carrying Value 253,389  
Face Value $ 256,644  
Minimum | Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Interest rate 2.90%  
Minimum | Preferred Equity | Total fixed rate    
Debt Instrument [Line Items]    
Interest rate 6.50%  
Maximum | Mezzanine Debt | Total fixed rate    
Debt Instrument [Line Items]    
Interest rate 9.50%  
Maximum | Preferred Equity | Total fixed rate    
Debt Instrument [Line Items]    
Interest rate 11.00%  
LIBOR | Minimum | Senior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 2.00%  
LIBOR | Minimum | Junior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 6.00%  
LIBOR | Minimum | Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 4.95%  
LIBOR | Maximum | Senior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 4.00%  
LIBOR | Maximum | Junior Mortgage Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 7.25%  
LIBOR | Maximum | Mezzanine Debt | Total floating rate    
Debt Instrument [Line Items]    
Basis spread on variable rate 15.29%