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Debt | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Debt |
6. | Debt
The following table summarizes our consolidated outstanding debt.
|  |  |  |  | Interest Rate |  |  |  |  |
| Maturity |  | Fixed/ |  | as of |  |  | As of |  |
(Amounts in thousands) | Date |  | Variable Rate |  | March 31, 2022 |  |  | March 31, 2022 |  |  | December 31, 2021 |  |
Notes and mortgages payable: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1633 Broadway (1) | Dec-2029 |  | Fixed |  |  | 2.99 | % |  | $ | 1,250,000 |  |  | $ | 1,250,000 |  |
One Market Plaza (1) | Feb-2024 |  | Fixed |  |  | 4.03 | % |  |  | 975,000 |  |  |  | 975,000 |  |
1301 Avenue of the Americas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Aug-2026 |  | Fixed (2) |  |  | 2.46 | % |  |  | 500,000 |  |  |  | 500,000 |  |
| Aug-2026 |  | L + 356 bps (3) |  |  | 3.85 | % |  |  | 360,000 |  |  |  | 360,000 |  |
|  |  |  |  |  | 3.04 | % |  |  | 860,000 |  |  |  | 860,000 |  |
31 West 52nd Street | Jun-2026 |  | Fixed |  |  | 3.80 | % |  |  | 500,000 |  |  |  | 500,000 |  |
300 Mission Street (1) | Oct-2023 |  | Fixed |  |  | 3.65 | % |  |  | 273,000 |  |  |  | 273,000 |  |
Total notes and mortgages payable |  |  | 3.42 | % |  |  | 3,858,000 |  |  |  | 3,858,000 |  |
Less: unamortized deferred financing costs |  |  |  |  |  |  | (21,206 | ) |  |  | (22,380 | ) |
Total notes and mortgages payable, net |  |  |  |  |  | $ | 3,836,794 |  |  | $ | 3,835,620 |  |
$750 Million Revolving Credit Facility | Mar-2026 |  | SOFR + 115 bps |  | n/a |  |  | $ | - |  |  | $ | - |  |
(1) | Our ownership interests in 1633 Broadway, One Market Plaza and 300 Mission Street are 90.0%, 49.0% and 31.1%, respectively.
(2) | Represents variable rate loans that have been fixed by interest rate swaps through August 2024. See Note 7, Derivative Instruments and Hedging Activities.
(3) | Represents variable rate loans, where LIBOR has been capped at 2.00% through August 2023. See Note 7, Derivative Instruments and Hedging Activities.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(c)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1E -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1I -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 + Details
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