XML 73 R55.htm IDEA: XBRL DOCUMENT v3.22.1
Real Estate Fund Investments (Narrative) (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
investment
Dec. 31, 2021
USD ($)
investment
Mar. 31, 2022
USD ($)
investment
Apr. 12, 2021
USD ($)
Jun. 09, 2020
USD ($)
Investment Holdings          
Aggregate fair value of Real Estate Fund investments (in US Dollars) $ 13,402 $ 7,730 $ 13,402    
Vornado Capital Partners Real Estate Fund          
Investment Holdings          
Equity method ownership percentage 25.00%   25.00%    
Term of the Fund, years     8 years    
Investment period for commitments of the Fund, years     3 years    
Investment fund period expiration date     2013-07    
Investment fund, extension of term     2023-02    
Crowne Plaza Times Square Hotel Joint Venture          
Investment Holdings          
Default amount         $ 274,355
Debt instrument, interest rate, stated percentage (percent) 4.15%   4.15%    
Debt instrument, default interest, percentage 3.00%   3.00%    
Crowne Plaza Times Square Hotel Joint Venture | LIBOR          
Investment Holdings          
Spread over LIBOR (percent)     3.69%    
Crowne Plaza Times Square Hotel Joint Venture | Joint Venture          
Investment Holdings          
Equity method ownership percentage 57.10%   57.10%    
Crowne Plaza Times Square Hotel Joint Venture | Joint Venture | Crowne Plaza Time Square Hotel          
Investment Holdings          
Ownership percentage by noncontrolling owners 24.30%   24.30%    
1100 Lincoln Road          
Investment Holdings          
Default amount       $ 82,750  
Debt instrument, interest rate, stated percentage (percent) 4.90%   4.90%    
Debt instrument, default interest, percentage 3.00%   3.00%    
1100 Lincoln Road | Prime Rate          
Investment Holdings          
Spread over LIBOR (percent)     1.40%    
Real estate fund investments          
Investment Holdings          
Number of investments held by fund (investment) | investment 3 3 3    
Aggregate fair value of Real Estate Fund investments (in US Dollars) $ 13,402 $ 7,730 $ 13,402    
Fair value below cost 322,383   322,383    
Unfunded commitments of fund 28,465   28,465    
Real estate fund investments | Vornado Realty Trust          
Investment Holdings          
Unfunded commitments of fund $ 8,849   $ 8,849