Debt (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Summary of Outstanding Debt

The following is a summary of our outstanding debt.

	Maturity	Fixed/Variable	Interest Rate at			As of
(Amounts in thousands)	Date	Rate	March 31, 2016			March 31, 2016			December 31, 2015
Notes and mortgages payable
1633 Broadway
	Dec-2022	Fixed (1)		3.54	%	$	1,000,000		$	1,000,000
	Dec-2022	Variable		2.19	%		13,544			13,544
				3.52	%		1,013,544			1,013,544
900 Third Avenue
	Nov-2017	Fixed (1)		5.98	%		162,000			162,000
	Nov-2017	Variable		1.70	%		112,337			112,337
				4.23	%		274,337			274,337
31 West 52nd Street
	Dec-2017	Fixed (1)		6.04	%		237,600			237,600
	Dec-2017	Variable		1.78	%		175,890			175,890
				4.23	%		413,490			413,490
One Market Plaza (49.0% interest)	Dec-2019	Fixed (1)		6.14	%		857,893			857,037
Waterview	June-2017	Fixed		5.76	%		210,000			210,000
1899 Pennsylvania Avenue	Nov-2020	Fixed		4.88	%		88,762			89,116
Liberty Place	June-2018	Fixed		4.50	%		84,000			84,000
Total notes and mortgages payable				4.68	%	$	2,942,026		$	2,941,524
Less: deferred financing costs							(18,192	)		(18,914	)
Total notes and mortgages      payable, net						$	2,923,834		$	2,922,610
$1.0 Billion Revolving Credit Facility
($200,000 reserved for
outstanding letters of credit)	Nov-2018	Variable		1.69	%	$	40,000		$	20,000

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⁽¹⁾ Represents loans with variable interest rates that have been fixed by interest rate swaps. See Note 8, Derivative Instruments and Hedging Activities.