XML 49 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Summary of identified intangible assets (acquired above-market leases and in-place leases) and intangible liabilities (acquired below-market leases)
The following summarizes our identified intangible assets (acquired above-market leases and in-place leases) and intangible liabilities (acquired below-market leases) as of March 31, 2021 and December 31, 2020 (in thousands):
March 31, 2021December 31, 2020
Identified intangible assets (included in other assets):
Gross amount$239,562 $215,673 
Accumulated amortization(204,386)(190,523)
Net(1)
$35,176 $25,150 
Identified intangible liabilities (included in deferred revenue):
Gross amount$242,334 $241,409 
Accumulated amortization(233,766)(230,479)
Net(1)
$8,568 $10,930 
(1) As of March 31, 2021 and December 31, 2020, no net intangible assets and no net intangible liabilities were reclassified to assets held for sale or liabilities related to assets held for sale.
Schedule of marketable securities
At March 31, 2021 and December 31, 2020, we held the following marketable securities (in thousands):
March 31, 2021December 31, 2020
Commercial mortgage-backed securities$23,784 $28,570 
Total marketable securities available-for-sale$23,784 $28,570 
Schedules of Concentration of Risk, by Risk Factor
For the three months ended March 31, 2021, the following properties contributed more than 5.0% of our annualized cash rent from office properties, including our share of annualized cash rent from joint venture office properties:
PropertyThree months ended March 31, 2021
11 Madison Avenue9.2%
420 Lexington Avenue (Graybar)7.2%
1185 Avenue of the Americas7.1%
1515 Broadway6.9%
220 East 42nd Street6.2%
280 Park Avenue5.8%
485 Lexington Avenue5.1%