XML 51 R36.htm IDEA: XBRL DOCUMENT v3.21.1
Properties Held for Sale and Property Dispositions (Tables)
3 Months Ended
Mar. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Properties Sold
The following table summarizes the properties disposed of during the three months ended March 31, 2021:
PropertyDisposition DateProperty TypeApproximate Square Feet
Gross Asset Valuation
(in millions)
(Loss) Gain (in millions)
712 Madison Avenue (1)
January 2021Fee Interest6,600 $43.0 $(1.4)
133 Greene Street (2)
February 2021Fee Interest6,425 15.8 0.2 
106 Spring Street (2)
March 2021Fee Interest5,928 35.0 (2.8)
(1)Disposition resulted from the buyer exercising its purchase option under a ground lease arrangement.
(2)In the first quarter of 2021, the property was foreclosed on by the lender in conjunction with the related debt extinguishment.