Derivative Instruments and Hedging Activities

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities

Derivative Instruments and Hedging Activities:

The Company recorded other comprehensive loss related to the marking-to-market of an interest rate cap agreement of $42 for the year ended December 31, 2017. There were no derivatives outstanding at December 31, 2016 or 2015.

        The following derivative was outstanding at December 31, 2017:

Property	Notional Amount		Product	LIBOR Rate		Maturity	Fair Value
Santa Monica Place	$	300,000	Cap	4.00	%	12/9/2019	$	11

        The above interest rate cap agreement was designated as a hedging instrument with a fair value of $11 that was included in deferred charges and other assets, net at December 31, 2017.