Debt (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Summary of Outstanding Debt

The following table summarizes our consolidated outstanding debt.

			Interest Rate
	Maturity	Fixed/	as of			As of
(Amounts in thousands)	Date	Variable Rate	March 31, 2022			March 31, 2022			December 31, 2021
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
	Aug-2026	Fixed (2)		2.46	%		500,000			500,000
	Aug-2026	L + 356 bps (3)		3.85	%		360,000			360,000
				3.04	%		860,000			860,000
31 West 52nd Street	Jun-2026	Fixed		3.80	%		500,000			500,000
300 Mission Street (1)	Oct-2023	Fixed		3.65	%		273,000			273,000
Total notes and mortgages payable				3.42	%		3,858,000			3,858,000
Less: unamortized deferred financing costs							(21,206	)		(22,380	)
Total notes and mortgages payable, net						$	3,836,794		$	3,835,620
$750 Million Revolving    Credit Facility	Mar-2026	SOFR + 115 bps	n/a			$	-		$	-

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

⁽²⁾ Represents variable rate loans that have been fixed by interest rate swaps through August 2024. See Note 7, Derivative Instruments and Hedging Activities.

⁽³⁾ Represents variable rate loans, where LIBOR has been capped at 2.00% through August 2023. See Note 7, Derivative Instruments and Hedging Activities.