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MORTGAGE AND OTHER NOTES PAYABLE (Tables) | 9 Months Ended
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Sep. 30, 2014
Mortgage Loans on Real Estate [Abstract] |
Schedule of Mortgage Notes Payable | The Company completed the following transactions related to mortgage and other notes payable and credit facilities during the nine months ended September 30, 2014: Secured Mortgages:
(dollars in thousands) |  |  | Borrowings |  | Repayments
Property | Date | Description | Amount | Interest Rate | Maturity Date | Amount | Interest Rate
664 N. Michigan | January | New Borrowing | $ | 45,000 |  | LIBOR + 1.65% | 6/28/2018 | $ | — |  |
New Hyde Park Shopping Center | January | Additional Draw | 1,500 |  | LIBOR + 2.25% | 11/10/2015 | — |  |
Heritage Shops | February | Refinancing | 24,500 |  | LIBOR + 1.55% | 2/28/2016 | 20,900 |  | LIBOR + 2.25%
654 Broadway | March | New Borrowing | 9,000 |  | LIBOR + 1.88% | 3/7/2017 | — |  |
Paramus Plaza | March | New Borrowing | 12,600 |  | LIBOR + 1.70% | 2/20/2019 | — |  |
Clark Diversey | April | Repayment | — |  |  | 7/1/2014 | 4,200 |  | 6.35%
Lake Montclair | April | New Borrowing | 15,500 |  | LIBOR + 2.15% | 5/1/2019 | — |  |
New Hyde Park Shopping Center | April | Refinancing | 12,000 |  | LIBOR + 1.85% | 5/1/2017 | 7,700 |  | LIBOR + 2.25%
938 W. North | May | New Borrowing | 12,500 |  | LIBOR + 2.35% | 5/1/2017 | — |  |
1151 Third Ave | June | New Borrowing | 12,500 |  | LIBOR + 1.75% | 6/3/2017 | — |  |
New Loudon Center | June | Repayment | — |  |  | 9/6/2014 | 13,300 |  | 5.64%
Bedford Green | July | Assumption | 29,794 |  | 5.10% | 9/5/2017 | — |  |
City Point (1) | Various | Additional Draw | 60,514 |  |  |  |  |
Total |  |  | $ | 235,408 |  |  |  | $ | 46,100 |  |
Note: (1) As of September 30, 2014, $198.5 million of funds have been released under the Company's EB-5 loan relating to its City Point project into a restricted cash account. $149.2 million has been drawn to fund construction activities, with $49.3 million remaining in the restricted cash account at September 30, 2014.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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