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Debt (Tables) | 3 Months Ended
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Mar. 31, 2022
Debt Disclosure [Abstract] |
Summary of Outstanding 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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