Debt

12 Months Ended

Dec. 31, 2020

The following table summarizes our consolidated outstanding debt.

	Maturity	Fixed/	Interest Rate as of			As of December 31,
(Amounts in thousands)	Date	Variable Rate	December 31, 2020			2020			2019
Notes and mortgages payable:
1633 Broadway ⁽¹⁾	Dec-2029	Fixed		2.99	%	$	1,250,000		$	1,250,000

One Market Plaza ⁽¹⁾	Feb-2024	Fixed		4.03	%		975,000			975,000

1301 Avenue of the Americas
	Nov-2021	Fixed		3.05	%		500,000			500,000
	Nov-2021	L + 180 bps		1.99	%		350,000			350,000
				2.61	%		850,000			850,000

31 West 52nd Street	May-2026	Fixed		3.80	%		500,000			500,000

300 Mission Street ⁽¹⁾	Oct-2023	Fixed		3.65	%		244,434			234,643

Total notes and mortgages payable				3.32	%		3,819,434			3,809,643
Less: unamortized deferred financing costs							(18,695	)		(25,792	)
Total notes and mortgages payable, net						$	3,800,739		$	3,783,851

$1.0 Billion Revolving Credit Facility	Jan-2022 ⁽²⁾	L + 115 bps	n/a			$	-		$	36,918

⁽¹⁾	Our ownership interest in 1633 Broadway, One Market Plaza and 300 Mission Street is 90.0%, 49.0% and 31.1%, respectively.

⁽²⁾	The $1.0 billion revolving credit facility matures on January 10, 2022 and has two six-month extension options.

The following table summarizes our principal repayments required for the next five years and thereafter in connection with our consolidated notes and mortgages payable and revolving credit facility as of December 31, 2020.

			Notes and		Revolving
(Amounts in thousands)	Total		Mortgages Payable		Credit Facility
2021	$	850,000	$	850,000	$	-
2022		-		-		-
2023		244,434		244,434		-
2024		975,000		975,000		-
2025		-		-		-
Thereafter		1,750,000		1,750,000		-