Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2021 and December 31, 2020 (in thousands):

	June 30, 2021		December 31, 2020
Identified intangible assets (included in other assets):
Gross amount	$	220,873	$	215,673
Accumulated amortization	(190,828)		(190,523)
Net(1)	$	30,045	$	25,150
Identified intangible liabilities (included in deferred revenue):
Gross amount	$	225,029	$	241,409
Accumulated amortization	(217,907)		(230,479)
Net(1)	$	7,122	$	10,930

(1) As of June 30, 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 June 30, 2021 and December 31, 2020, we held the following marketable securities (in thousands):

	June 30, 2021		December 31, 2020
Commercial mortgage-backed securities	$	24,289	$	28,570
Total marketable securities available-for-sale	$	24,289	$	28,570
Equity marketable securities	$	8,050	$	—
Total investment in marketable securities	$	32,339	$	28,570

Schedules of Concentration of Risk, by Risk Factor

For the three months ended June 30, 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:

Property	Three months ended June 30, 2021
11 Madison Avenue	9.4%
420 Lexington Avenue (Graybar)	7.5%
1515 Broadway	7.4%
1185 Avenue of the Americas	7.3%
220 East 42nd Street	6.5%
280 Park Avenue	5.9%
485 Lexington Avenue	5.1%