Mortgages Payable (Tables)

12 Months Ended

Dec. 31, 2013

Mortgages Payable [Abstract]

Summary of Notes and Mortgages Payable [Table Text Block]

			Interest Rate at		Balance at December 31,
(Amounts in thousands)		Maturity	December 31, 2013		2013		2012
First mortgages secured by:
	731 Lexington Avenue, office space(1)	Feb. 2014	5.33	%	$	314,217	$	327,425
	Rego Park I shopping center (100% cash
	collateralized)	Mar. 2015	0.40	%		78,246		78,246
	731 Lexington Avenue, retail space(2)	Jul. 2015	4.93	%		320,000		320,000
	Paramus	Oct. 2018	2.90	%		68,000		68,000
	Rego Park II shopping center(3)	Nov. 2018	2.02	%		269,496		272,245
					$	1,049,959	$	1,065,916
___________________
(1)	We are in the process of finalizing a $300,000 refinancing of this loan.
(2)	In the event of a substantial casualty, as defined, up to $75,000 of this loan may become recourse to us.
(3)	This loan bears interest at LIBOR plus 1.85%.

Schedule of Maturities of Long-term Debt [Table Text Block]

(Amounts in thousands)
Year Ending December 31,	Amount
2014	$	317,179
2015		401,439
2016		3,440
2017		3,707
2018		324,194
Thereafter		-