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Investments in Unconsolidated Joint Ventures - Summary of Financial Information of Unconsolidated Joint Ventures (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Schedule Of Equity Method Investments [Line Items]      
Rental revenue $ 721,750 $ 711,470 $ 702,819
Other income 13,821 9,721 9,137
Total revenues 757,451 742,788 740,377
Operating 303,278 293,965 277,422
Depreciation and amortization 239,542 250,644 232,517
Total expenses 610,076 607,017 569,896
Interest and other (loss) income, net 30,455 14,837 5,174
Interest and debt expense (166,952) (152,990) (143,864)
Loss before income taxes (36,336) (369,877) (24,932)
Income tax expense (2,058) (1,426) (3,265)
Net loss attributable to common stockholders (46,288) (259,744) (36,403)
Unconsolidated Joint Ventures [Member]      
Schedule Of Equity Method Investments [Line Items]      
Real estate, net 1,567,771 1,528,595  
Cash and cash equivalents and restricted cash 154,669 167,355  
Intangible assets, net 42,672 52,164  
For-sale residential condominium units [1] 195,113 246,824  
Deferred rent receivable 42,128 35,448  
Other assets 26,813 48,731  
Total assets 2,029,166 2,079,117  
Notes and mortgages payable, net 1,783,587 1,744,706  
Accounts payable and accrued expenses 59,860 92,770  
Intangible liabilities, net 2,480 5,026  
Other liabilities 73,129 5,692  
Total liabilities 1,919,056 1,848,194  
Equity 110,110 230,923  
Total liabilities and equity 2,029,166 2,079,117  
Rental revenue 138,390 155,549 194,031
Other income [2] 34,782 11,234 65,850
Total revenues 173,172 166,783 259,881
Operating [2] 138,121 [3] 169,826 [3] 152,313
Depreciation and amortization 46,522 67,727 85,949
Total expenses 184,643 237,553 238,262
Interest and other (loss) income, net 6,187 3,035 991
Interest and debt expense (62,234) (73,485) (62,173)
Gain on settlement of interest rate swap 2,498    
Real estate impairment loss (87,160) [4] (917,044) [5] (64,663) [6]
Loss before income taxes (152,180) (1,058,264) (104,226)
Income tax expense (26) (32) (60)
Net loss attributable to common stockholders $ (152,206) $ (1,058,296) $ (104,286)
[1] Represents residential condominium units at One Steuart Lane that are available for sale
[2] Includes proceeds and cost of sales from the sale of residential condominium units at One Steuart Lane.
[3] Includes impairment losses related to condominium units at One Steuart Lane of $32,366 and $68,407 in the years ended December 31, 2024 and 2023, respectively, of which RDF’s share was $11,328 and $23,942, respectively. See note 8 on page
[4] Represents real estate impairment losses related to 55 Second Street of which our share was $29,818. See note 6 on page 84.
[5] Represents real estate impairment losses related to 60 Wall Street, Market Center and 55 Second Street of which our share was $24,734, $148,906 and $52,590, respectively. See notes 3, 5, and 6 on page 84.
[6] Represents a real estate impairment loss on 111 Sutter Street, of which our share was $31,685. See note 7 on page 84.