XML 44 R33.htm IDEA: XBRL DOCUMENT v3.21.2
Debt - Long-Term Debt (Details) - USD ($)
9 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Debt Instrument [Line Items]    
Outstanding borrowings $ 0 $ 0
Total principal 2,148,831,000  
Deferred financing costs, net (21,322,000) (17,367,000)
Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt 783,831,000 786,884,000
Mortgages, senior notes, and unsecured term loan facilities, not including unsecured revolving credit facility    
Debt Instrument [Line Items]    
Total principal 2,148,831,000 2,151,884,000
Deferred financing costs, net (13,491,000) (15,235,000)
Total 2,135,340,000 2,136,649,000
Metro Center | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 85,627,000 87,382,000
Stated Rate (as a percent) 3.59%  
Effective Rate (as a percent) 3.66%  
10 Union Square | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 50,000,000 50,000,000
Stated Rate (as a percent) 3.70%  
Effective Rate (as a percent) 3.97%  
1542 Third Avenue | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 30,000,000 30,000,000
Stated Rate (as a percent) 4.29%  
Effective Rate (as a percent) 4.53%  
First Stamford Place | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 180,000,000 180,000,000
Stated Rate (as a percent) 4.28%  
Effective Rate (as a percent) 4.74%  
First Stamford Place - First Lien | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Stated Rate (as a percent) 4.09%  
Face amount of debt instrument $ 164,000,000  
First Stamford Place - Second Lien | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Stated Rate (as a percent) 6.25%  
Face amount of debt instrument $ 16,000,000  
1010 Third Avenue and 77 West 55th Street | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 36,875,000 37,477,000
Stated Rate (as a percent) 4.01%  
Effective Rate (as a percent) 4.22%  
250 West 57th Street | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 180,000,000 180,000,000
Stated Rate (as a percent) 2.83%  
Effective Rate (as a percent) 3.23%  
10 Bank Street | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 31,329,000 32,025,000
Stated Rate (as a percent) 4.23%  
Effective Rate (as a percent) 4.37%  
383 Main Avenue | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 30,000,000 30,000,000
Stated Rate (as a percent) 4.44%  
Effective Rate (as a percent) 4.55%  
1333 Broadway | Fixed rate mortgage debt    
Debt Instrument [Line Items]    
Fixed rate mortgage debt $ 160,000,000 160,000,000
Stated Rate (as a percent) 4.21%  
Effective Rate (as a percent) 4.28%  
Senior unsecured notes, Series A | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 100,000,000 100,000,000
Stated Rate (as a percent) 3.93%  
Effective Rate (as a percent) 3.96%  
Senior unsecured notes, Series B | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 125,000,000 125,000,000
Stated Rate (as a percent) 4.09%  
Effective Rate (as a percent) 4.12%  
Senior unsecured notes, Series C | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 125,000,000 125,000,000
Stated Rate (as a percent) 4.18%  
Effective Rate (as a percent) 4.21%  
Senior unsecured notes, Series D | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 115,000,000 115,000,000
Stated Rate (as a percent) 4.08%  
Effective Rate (as a percent) 4.11%  
Senior unsecured notes, Series E | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 160,000,000 160,000,000
Stated Rate (as a percent) 4.26%  
Effective Rate (as a percent) 4.27%  
Senior unsecured notes, Series F | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 175,000,000 175,000,000
Stated Rate (as a percent) 4.44%  
Effective Rate (as a percent) 4.45%  
Senior unsecured notes, Series G | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 100,000,000 100,000,000
Stated Rate (as a percent) 3.61%  
Effective Rate (as a percent) 4.89%  
Senior unsecured notes, Series H | Senior unsecured notes    
Debt Instrument [Line Items]    
Total $ 75,000,000 75,000,000
Stated Rate (as a percent) 3.73%  
Effective Rate (as a percent) 5.00%  
Unsecured term loan facilities | Revolving credit facility    
Debt Instrument [Line Items]    
Outstanding borrowings $ 215,000,000 215,000,000
Effective Rate (as a percent) 3.57%  
Unsecured term loan facilities | Revolving credit facility | LIBOR    
Debt Instrument [Line Items]    
Basis spread on variable rate (as a percent) 1.20%  
Unsecured revolving credit facility | Revolving credit facility    
Debt Instrument [Line Items]    
Outstanding borrowings $ 0 0
Effective Rate (as a percent) 0.00%  
Unsecured revolving credit facility | Revolving credit facility | LIBOR    
Debt Instrument [Line Items]    
Basis spread on variable rate (as a percent) 1.30%  
Unsecured term loan facility | Revolving credit facility    
Debt Instrument [Line Items]    
Outstanding borrowings $ 175,000,000 $ 175,000,000
Effective Rate (as a percent) 3.67%  
Unsecured term loan facility | Revolving credit facility | LIBOR    
Debt Instrument [Line Items]    
Basis spread on variable rate (as a percent) 1.50%