Real Estate Investments (Tables)

3 Months Ended

Mar. 31, 2014

The following table presents the allocation of the assets acquired and liabilities assumed during the three months ended March 31, 2013. There were no assets acquired and liabilities assumed during the three months ended March 31, 2014.



	Three Months Ended
(Dollar amounts in thousands)	March 31, 2013
Real estate investments, at cost:
Land	$	17,500
Buildings, fixtures and improvements	90,869
Total tangible assets	108,369
Acquired intangibles:
In-place leases	8,214
Above-market lease assets	1,593
Below-market lease liabilities	(6,176		)
Total acquired intangibles	3,631
Total assets acquired, net	112,000
Mortgage notes payable used to acquire investments in real estate	(60,000		)
Other liabilities assumed	(843		)
Cash paid for acquired real estate investments and other assets	$	51,157
Number of properties and other investments purchased	1

Schedule of Future Minimum Rental Payments for Operating Leases

The following table presents future minimum base cash rental payments due to the Company, excluding future minimum base cash rental payments related to unconsolidated joint ventures, subsequent to March 31, 2014. These amounts exclude contingent rental payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indexes among other items.



(In thousands)	Future Minimum Base Rent Payments
April 1, 2014 - December 31, 2014	$	66,675
2015	87,673
2016	73,919
2017	71,276
2018	68,627
Thereafter	447,121
	$	815,291

Schedule of Annualized Rental Income by Major Tenants

The following table lists the tenants whose annualized rental income on a straight-line basis represented greater than 10% of total annualized rental income for all portfolio properties on a straight-line basis as of March 31, 2014 and 2013:



		March 31,
Property Portfolio	Tenant	2014	2013
Worldwide Plaza	Cravath, Swaine & Moore, LLP	18.2%	*
Worldwide Plaza	Nomura Holding America, Inc.	12.4%	*
229 West 36th Street	American Language Communication Center, Inc.	*	10.5%

_____________________

* Tenant's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.