XML 84 R69.htm IDEA: XBRL DOCUMENT v3.20.2
Investments in Unconsolidated Joint Ventures - Additional Information (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Oct. 31, 2016
Jun. 30, 2020
USD ($)
ft²
unit
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
ft²
unit
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
General information on each joint venture            
Equity method investments | $   $ 2,952,681   $ 2,952,681   $ 2,912,842
Net equity investment in VIEs in which the entity is not primary beneficiary | $   $ 138,100   $ 138,100   145,900
Unaudited Approximate Square Feet (sqft)   29,843,409   29,843,409    
Purchase price and other fair value adjustments | $   $ 0 $ 67,631 $ 0 $ 65,590  
1552-1560 Broadway            
General information on each joint venture            
Unaudited Approximate Square Feet (sqft)   13,045   13,045    
Stonehenge Portfolio            
General information on each joint venture            
Ownership Interest 90.00%          
East 400 Street 57            
General information on each joint venture            
Ownership Interest 51.00%          
885 Third Avenue            
General information on each joint venture            
Mortgage amount | $   $ 272,000   $ 272,000    
Interest rate, fixed rate debt (as a percent)   3.35%   3.35%    
East 400 Street 57            
General information on each joint venture            
Ownership percentage in disposed asset 49.00%          
21 East 66th Street | Three Retail and Two Residential Units            
General information on each joint venture            
Ownership Interest   3228.00%   3228.00%    
Number of stores | unit   3   3    
Number of residential units | unit   1   1    
21 East 66th Street | Three Residential Units            
General information on each joint venture            
Ownership Interest   1614.00%   1614.00%    
Number of residential units | unit   3   3    
Joint venture            
General information on each joint venture            
Equity method investments | $   $ 2,952,681   $ 2,952,681   $ 2,912,842
Equity method investments with negative book value | $   $ 83,600   $ 83,600    
Joint venture | 100 Park Avenue            
General information on each joint venture            
Ownership Interest   49.90%   49.90%    
Economic Interest (as a percent)   49.90%   49.90%    
Unaudited Approximate Square Feet (sqft)   834,000   834,000    
Joint venture | 717 Fifth Avenue            
General information on each joint venture            
Ownership Interest   10.92%   10.92%    
Economic Interest (as a percent)   10.92%   10.92%    
Unaudited Approximate Square Feet (sqft)   119,500   119,500    
Joint venture | 800 Third Avenue            
General information on each joint venture            
Ownership Interest   60.52%   60.52%    
Economic Interest (as a percent)   60.52%   60.52%    
Unaudited Approximate Square Feet (sqft)   526,000   526,000    
Interest rate, fixed rate debt (as a percent)   3.37%   3.37%    
Joint venture | 919 Third Avenue            
General information on each joint venture            
Ownership Interest   51.00%   51.00%    
Economic Interest (as a percent)   51.00%   51.00%    
Unaudited Approximate Square Feet (sqft)   1,454,000   1,454,000    
Interest rate, fixed rate debt (as a percent)   5.12%   5.12%    
Joint venture | 11 West 34th Street            
General information on each joint venture            
Ownership Interest   30.00%   30.00%    
Economic Interest (as a percent)   30.00%   30.00%    
Unaudited Approximate Square Feet (sqft)   17,150   17,150    
Joint venture | 280 Park Avenue            
General information on each joint venture            
Ownership Interest   50.00%   50.00%    
Economic Interest (as a percent)   50.00%   50.00%    
Unaudited Approximate Square Feet (sqft)   1,219,158   1,219,158    
Joint venture | 1552-1560 Broadway            
General information on each joint venture            
Ownership Interest   50.00%   50.00%    
Economic Interest (as a percent)   50.00%   50.00%    
Unaudited Approximate Square Feet (sqft)   57,718   57,718    
Joint venture | 10 East 53rd Street            
General information on each joint venture            
Ownership Interest   55.00%   55.00%    
Economic Interest (as a percent)   55.00%   55.00%    
Unaudited Approximate Square Feet (sqft)   354,300   354,300    
Joint venture | 21 East 66th Street            
General information on each joint venture            
Ownership Interest   32.28%   32.28%    
Economic Interest (as a percent)   32.28%   32.28%    
Unaudited Approximate Square Feet (sqft)   13,069   13,069    
Interest rate, fixed rate debt (as a percent)   3.60%   3.60%    
Joint venture | 650 Fifth Avenue            
General information on each joint venture            
Ownership Interest   50.00%   50.00%    
Economic Interest (as a percent)   50.00%   50.00%    
Unaudited Approximate Square Feet (sqft)   69,214   69,214    
Joint venture | 121 Greene Street            
General information on each joint venture            
Ownership Interest   50.00%   50.00%    
Economic Interest (as a percent)   50.00%   50.00%    
Unaudited Approximate Square Feet (sqft)   7,131   7,131    
Joint venture | 55 West 46th Street            
General information on each joint venture            
Ownership Interest   25.00%   25.00%    
Economic Interest (as a percent)   25.00%   25.00%    
Unaudited Approximate Square Feet (sqft)   347,000   347,000    
Joint venture | Stonehenge Portfolio            
General information on each joint venture            
Ownership Interest 10.00%          
Unaudited Approximate Square Feet (sqft)   1,439,016   1,439,016    
Interest rate, fixed rate debt (as a percent)   3.50%   3.50%    
Joint venture | 605 West 42nd Street            
General information on each joint venture            
Ownership Interest   20.00%   20.00%    
Economic Interest (as a percent)   20.00%   20.00%    
Unaudited Approximate Square Feet (sqft)   927,358   927,358    
Joint venture | 11 Madison Avenue            
General information on each joint venture            
Ownership Interest   60.00%   60.00%    
Economic Interest (as a percent)   60.00%   60.00%    
Unaudited Approximate Square Feet (sqft)   2,314,000   2,314,000    
Interest rate, fixed rate debt (as a percent)   3.84%   3.84%    
Joint venture | 333 East 22nd St            
General information on each joint venture            
Ownership Interest   33.33%   33.33%    
Economic Interest (as a percent)   33.33%   33.33%    
Unaudited Approximate Square Feet (sqft)   26,926   26,926    
Joint venture | East 400 Street 57            
General information on each joint venture            
Ownership Interest   51.00%   51.00%    
Economic Interest (as a percent)   41.00%   41.00%    
Unaudited Approximate Square Feet (sqft)   290,482   290,482    
Interest rate, fixed rate debt (as a percent)   3.00%   3.00%    
Joint venture | One Vanderbilt            
General information on each joint venture            
Ownership Interest   71.01%   71.01%    
Economic Interest (as a percent)   71.01%   71.01%    
Unaudited Approximate Square Feet (sqft)   0   0    
Joint venture | Worldwide Plaza            
General information on each joint venture            
Ownership Interest   24.35%   24.35%    
Economic Interest (as a percent)   24.35%   24.35%    
Unaudited Approximate Square Feet (sqft)   2,048,725   2,048,725    
Interest rate, fixed rate debt (as a percent)   3.98%   3.98%    
Joint venture | 1515 Broadway            
General information on each joint venture            
Ownership Interest   56.87%   56.87%    
Economic Interest (as a percent)   56.87%   56.87%    
Unaudited Approximate Square Feet (sqft)   1,750,000   1,750,000    
Interest rate, fixed rate debt (as a percent)   3.93%   3.93%    
Joint venture | 2 Herald Square            
General information on each joint venture            
Ownership Interest   51.00%   51.00%    
Economic Interest (as a percent)   51.00%   51.00%    
Unaudited Approximate Square Feet (sqft)   369,000   369,000    
Joint venture | 115 Spring Street            
General information on each joint venture            
Ownership Interest   51.00%   51.00%    
Economic Interest (as a percent)   51.00%   51.00%    
Unaudited Approximate Square Feet (sqft)   5,218   5,218