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Mortgage Notes Payable (Schedule of Mortgage Notes Payable) (Details)
3 Months Ended
Mar. 31, 2016
USD ($)
mortgage
property
Dec. 31, 2015
USD ($)
Debt Instrument [Line Items]    
Outstanding Loan Amount $ 369,395,000  
Mortgage notes payable, net of deferred financing costs 363,085,000 $ 381,443,000
1440 Broadway    
Debt Instrument [Line Items]    
Maximum borrowing capacity $ 325,000,000  
Mortgages    
Debt Instrument [Line Items]    
Encumbered Properties | property 4  
Outstanding Loan Amount $ 369,395,000 388,436,000
Effective Interest Rate [1] 4.00%  
Less: deferred financing costs, net $ (6,310,000) (6,993,000)
Mortgages | Design Center    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 19,695,000 19,798,000
Effective Interest Rate 4.40%  
Mortgages | 1100 Kings Highway    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 20,200,000 20,200,000
Effective Interest Rate 3.40%  
Mortgages | 256 West 38th Street    
Debt Instrument [Line Items]    
Encumbered Properties | property 1  
Outstanding Loan Amount $ 24,500,000 24,500,000
Effective Interest Rate 3.10%  
Mortgages | 1440 Broadway    
Debt Instrument [Line Items]    
Encumbered Properties | property [2] 1  
Outstanding Loan Amount [2] $ 305,000,000 305,000,000
Effective Interest Rate [2] 4.00%  
Additional available borrowing capacity $ 20,000,000  
Mortgages | Foot Locker    
Debt Instrument [Line Items]    
Encumbered Properties | property [3]  
Outstanding Loan Amount [3] $ 0 3,250,000
Effective Interest Rate [3]  
Mortgages | Duane Reade    
Debt Instrument [Line Items]    
Encumbered Properties | property [3]  
Outstanding Loan Amount [3] $ 0 8,400,000
Effective Interest Rate [3]  
Mortgages | 1623 Kings Highway    
Debt Instrument [Line Items]    
Encumbered Properties | property [3]  
Outstanding Loan Amount [3] $ 0 $ 7,288,000
Effective Interest Rate [3]  
Held-for-sale Property    
Debt Instrument [Line Items]    
Number of mortgages repaid | mortgage 3  
[1] Calculated on a weighted average basis for all mortgages outstanding as of March 31, 2016.
[2] Total commitments of $325.0 million; additional $20.0 million available, subject to lender approval, to fund certain tenant allowances, capital expenditures and leasing costs.
[3] During the three months ended March 31, 2016, the Company repaid three mortgage notes payable as a result of the sales of Duane Reade, 1623 Kings Highway and Foot Locker.