XML 94 R79.htm IDEA: XBRL DOCUMENT v3.24.3
Investments in Unconsolidated Joint Ventures - Schedule of Investments in Unconsolidated Joint Ventures Sold (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
May 31, 2024
Jan. 31, 2024
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]                
Loss on Sale     $ 371   $ 0 $ 19,006 $ (79)  
Employee-related liabilities     7,800     7,800    
Carrying Value     293,924     293,924   $ 346,745
Depreciable real estate reserves and impairment     0   $ 389 (65,839) $ (305,527)  
Preferred Equity (4)                
Schedule of Equity Method Investments [Line Items]                
Carrying Value     134,474     134,474    
625 Madison Avenue | Preferred Equity (4)                
Schedule of Equity Method Investments [Line Items]                
Carrying Value     209,900     209,900    
625 Madison Avenue                
Schedule of Equity Method Investments [Line Items]                
Depreciable real estate reserves and impairment       $ 5,900        
625 Madison Avenue | Preferred Equity (4)                
Schedule of Equity Method Investments [Line Items]                
Carrying value of investment in leasehold interest     $ 235,400     $ 235,400    
Average yield (as a percent)           8.91%    
717 Fifth Avenue | Joint venture | Wharton Properties                
Schedule of Equity Method Investments [Line Items]                
Ownership Interest Sold   10.92%            
Gross Asset Valuation   $ 963,000            
Loss on Sale   $ 24,900            
625 Madison Avenue | Joint venture | Wharton Properties                
Schedule of Equity Method Investments [Line Items]                
Ownership Interest Sold 90.43%              
Gross Asset Valuation $ 634,600              
Loss on Sale $ (7,600)