XML 57 R40.htm IDEA: XBRL DOCUMENT v3.20.4
Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2020
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Summary of Changes in Accumulated Other Comprehensive Loss by Component

The following table sets forth changes in accumulated other comprehensive loss by component for the years ended December 31, 2020, 2019 and 2018, including amounts attributable to noncontrolling interests in the Operating Partnership.

 

 

 

 

For the Year Ended December 31,

 

(Amounts in thousands)

 

2020

 

 

2019

 

 

2018

 

Amount of (loss) income related to unconsolidated joint ventures

   recognized in other comprehensive (loss) income (1)

 

$

(16,141

)

 

$

206

 

 

$

(129

)

Amounts reclassified from accumulated other comprehensive

   loss increasing loss from unconsolidated joint ventures (1)

 

 

2,247

 

 

 

-

 

 

 

-

 

Amount of (loss) income related to the cash flow hedges

   recognized in other comprehensive (loss) income (2)

 

 

-

 

 

 

(23,147

)

 

 

9,203

 

Amount reclassified from accumulated other comprehensive

   loss decreasing interest and debt expense (2)

 

 

-

 

 

 

(4,922

)

 

 

(1,930

)

Amount reclassified to loss on early extinguishment of debt (3)

 

 

-

 

 

 

11,258

 

 

 

-

 

 

 

(1)

Represents amounts related to interest rate swap with a notional value of $402,000, which was designated as cash flow hedge.

 

(2)

Represents amounts related to interest rate swaps with an aggregate notional amount of $1.0 billion and forward starting interest rate swaps with an aggregate notional amount of $400,000 that were designated as cash flow hedges. These hedges were terminated in November 2019 in connection with the refinancing of the related asset.

 

(3)

Represents costs incurred in connection with the settlement of interest rate swap liabilities upon the refinancing of 1633 Broadway in November 2019.