XML 57 R44.htm IDEA: XBRL DOCUMENT
v3.5.0.2

MORTGAGES PAYABLE - Summary of Mortgages Payable (Details) |  | 1 Months Ended | 9 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Jun. 09, 2016 USD ($) | Jun. 30, 2016 USD ($) | Sep. 30, 2016 USD ($) property | Dec. 31, 2015 USD ($) property | Jan. 31, 2015 USD ($) | Jan. 06, 2015 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |
Total mortgages payable, net of unamortized debt issuance costs |  |  | $ 1,201,466,000 | $ 1,233,983,000 |  |
Mortgages |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Total mortgages payable |  |  | 1,209,994,000 | 1,243,957,000 |  |
Unamortized debt issuance costs |  |  | (8,528,000) | (9,974,000) |  |
Total mortgages payable, net of unamortized debt issuance costs |  |  | $ 1,201,466,000 | $ 1,233,983,000 |  |
Mortgages | Cross Collateralized |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Number of real estate properties | property |  |  | 39 | 40 |  |
Total mortgages payable |  |  | $ 561,518,000 | $ 593,459,000 |  |
Mortgages | First Mortgage | North Bergen (Tonnelle Avenue) |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 4.59% |  |  |
Total mortgages payable |  |  | $ 74,244,000 | 75,000,000 |  |
Mortgages | First Mortgage | Englewood |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 6.22% |  |  |
Total mortgages payable |  |  | $ 11,537,000 | 11,537,000 |  |
Mortgages | First Mortgage | Montehiedra Town Center |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  |  |  | 6.04% | 6.04%
Face amount of debt instrument |  |  |  |  | $ 120,000,000 | $ 120,000,000
Mortgages | First Mortgage | Montehiedra Town Center | Senior Loan |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 5.33% |  | 5.33% |
Total mortgages payable |  |  | $ 87,709,000 | 88,676,000 |  |
Face amount of debt instrument |  |  |  |  | $ 90,000,000 |
Mortgages | First Mortgage | Montehiedra Town Center | Junior Loan |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 3.00% |  | 3.00% |
Total mortgages payable |  |  | $ 30,000,000 | 30,000,000 |  |
Face amount of debt instrument |  |  |  |  | $ 30,000,000 |
Mortgages | First Mortgage | Bergen Town Center |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 3.56% |  |  |
Total mortgages payable |  |  | $ 300,000,000 | 300,000,000 |  |
Mortgages | First Mortgage | Las Catalinas |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 4.43% |  |  |
Total mortgages payable |  |  | $ 130,000,000 | 130,000,000 |  |
Mortgages | First Mortgage | Mount Kisco (Target) |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 6.40% |  |  |
Total mortgages payable |  |  | $ 14,986,000 | 15,285,000 |  |
Unamortized debt discount |  |  | $ 1,100,000 |  |  |
Effective interest rate |  |  | 7.26% |  |  |
Mortgages | Fixed Rate | Cross Collateralized |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 4.35% |  |  |
Total mortgages payable |  |  | $ 522,762,000 | 533,459,000 |  |
Mortgages | Variable Rate | Cross Collateralized |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Interest rate |  |  | 2.36% |  |  |
Total mortgages payable |  |  | $ 38,756,000 | $ 60,000,000 |  |
Mortgages | Variable Rate | Cross Collateralized | LIBOR |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
LIBOR Floor |  |  | 1.00% |  |  |
Interest rate spread on variable rate |  |  | 136.00% |  |  |
Prepayment of mortgage | $ 21,200,000 | $ 21,200,000 |  |  |  |

X
- Definition Debt Instrument, Floor Interest Rate + References No definition available. + Details
Name: | ue_DebtInstrumentFloorInterestRate
Namespace Prefix: | ue_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Early Repayment of Mortgage Payable + References No definition available. + Details
Name: | ue_EarlyRepaymentofMortgagePayable
Namespace Prefix: | ue_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The number of real estate properties owned as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_NumberOfRealEstateProperties
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_UnamortizedDebtIssuanceExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis=us-gaap_CollateralizedMortgageObligationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionLoanCategoryAxis=us-gaap_FirstMortgageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ue_NorthBergenTonnelleAvenueNJMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ue_EnglewoodNJMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ue_MontehiedraPuertoRicoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_SeniorLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=us-gaap_JuniorLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ue_BergenTownCenterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ue_LasCatalinasPuertoRicoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ue_MountKiscoTargetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_FixedRateResidentialMortgageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_AdjustableRateResidentialMortgageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |