Real Estate Investments

6 Months Ended

Jun. 30, 2015

There were no real estate assets acquired or related liabilities assumed during the three and six months ended June 30, 2015 or 2014.

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 June 30, 2015. 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 Cash Rental Payments
July1, 2015 - December 31, 2015	$	54,519
2016	97,681
2017	97,864
2018	95,800
2019	94,466
Thereafter	647,264
	$	1,087,594

The following table lists the tenants whose annualized cash rent represented greater than 10% of total annualized cash rent as of June 30, 2015 and 2014, including annualized cash rent related to the Company's unconsolidated joint venture:



		June 30,
Property Portfolio	Tenant	2015	2014
Worldwide Plaza	Cravath, Swaine & Moore, LLP	16%	18%
Worldwide Plaza	Nomura Holdings America, Inc.	10%	12%

The termination, delinquency or non-renewal of any of the above tenants may have a material adverse effect on net income (loss). No other tenant represents more than 10% of annualized cash rent as of June 30, 2015 and 2014.