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Debt
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Debt

6.

Debt

 

The following is a summary of our outstanding debt.

  

 

 

 

 

 

 

 

 

 

 

Balance at

 

(Amounts in thousands)

 

Maturity

Date

 

Fixed/Variable Rate

 

Interest Rate at

March 31, 2015

 

 

March 31, 2015

 

 

December 31, 2014

 

Mortgages and notes payable

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1633 Broadway

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dec-2016

 

Fixed

 

 

6.11

%

 

$

772,100

 

 

$

772,100

 

 

 

Dec-2016

 

Variable

 

 

1.56

%

 

 

154,160

 

 

 

154,160

 

 

 

 

 

 

 

 

5.35

%

 

 

926,260

 

 

 

926,260

 

900 Third Avenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nov-2017

 

Fixed

 

 

5.35

%

 

 

255,000

 

 

 

255,000

 

 

 

Nov-2017

 

Variable

 

 

1.76

%

 

 

19,337

 

 

 

19,337

 

 

 

 

 

 

 

 

5.09

%

 

 

274,337

 

 

 

274,337

 

31 West 52nd Street (64.2% interest)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dec-2017

 

Fixed

 

 

5.74

%

 

 

337,500

 

 

 

337,500

 

 

 

Dec-2017

 

Variable

 

 

1.66

%

 

 

75,990

 

 

 

75,990

 

 

 

 

 

 

 

 

4.99

%

 

 

413,490

 

 

 

413,490

 

One Market Plaza (49.0% interest)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dec-2019

 

Fixed

 

 

6.16

%

 

 

840,000

 

 

 

840,000

 

 

 

Dec-2019

 

Variable

 

 

5.00

%

 

 

14,515

 

 

 

13,711

 

 

 

 

 

 

 

 

6.14

%

 

 

854,515

 

 

 

853,711

 

Waterview

 

June-2017

 

Fixed

 

 

5.76

%

 

 

210,000

 

 

 

210,000

 

1899 Pennsylvania Avenue

 

Nov-2020

 

Fixed

 

 

4.88

%

 

 

90,152

 

 

 

90,489

 

Liberty Place

 

June-2018

 

Fixed

 

 

4.50

%

 

 

84,000

 

 

 

84,000

 

Total mortgages and notes payable

 

 

 

 

 

 

5.50

%

 

$

2,852,754

 

 

$

2,852,287

 

 

     Revolving Credit Facility

As of March 31, 2015, there were no amounts outstanding under our senior unsecured revolving credit facility and $200,000,000 was reserved under a letter of credit.