Acquisitions

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Acquisitions

3. Acquisitions

31 West 52nd Street

On October 1, 2015, we acquired the remaining 35.8% equity interest that we did not previously own in 31 West 52nd Street from our joint venture partner for approximately $230,000,000 in cash and the assumption of $148,000,000 of existing debt.  Since we previously consolidated the results of operations of 31 West 52nd Street into our consolidated financial statements, the acquisition of the remaining 35.8% was accounted for as an equity transaction in accordance with ASC Topic 810, Consolidations.