Transaction Related Costs, Impairment Losses and Other (Tables)

9 Months Ended

Sep. 30, 2019

Transaction Related Costs, Impairment Losses and Other [Abstract]

Schedule of Transaction Related Costs, Impairment Losses and Other

The following table sets forth the details of transaction related costs, impairment losses and other:

(Amounts in thousands)	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2019		2018		2019		2018
Transaction related costs	$	1,576	$	2,510	$	1,955	$	3,580
Non-cash impairment losses, substantially 608 Fifth Avenue (see below)	—		—		101,360		—
Transfer tax(1)	—		—		—		13,103
	$	1,576	$	2,510	$	103,315	$	16,683

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(1)

Disputed additional Transfer Tax recorded in the first quarter 2018 related to the December 2012 acquisition of Independence Plaza. The joint venture, in which we have a 50.1% economic interest, that owns Independence Plaza recorded this expense based on the precedent established by the Tax Tribunal's decision regarding One Park Avenue (see Note 5 - Real Estate Fund Investments).