XML 78 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Mortgages Payable | 6 Months Ended
--- | ---
Jun. 30, 2013
Notes and Mortgages Payable [Abstract] |
Mortgages Payable [Text Block] | 8. Mortgages Payable The following is a summary of our outstanding mortgage s payable. We may refinance our maturing debt as it comes due or choose to repay it at maturity.
|  |  |  |  |  |  |  |  |  | Balance at |
|  |  |  |  |  | Interest Rate at |  |  | June 30, |  | December 31, |
(Amounts in thousands) | Maturity |  | June 30, 2013 |  |  | 2013 |  | 2012 |
First mortgages secured by: |  |  |  |  |  |  |  |  |  |  |  |
| 731 Lexington Avenue, office space | Feb. 2014 |  | 5.33 | % |  |  | $ | 320,886 |  | $ | 327,425 |
| Rego Park I shopping center (100% cash |  |  |  |  |  |  |  |  |  |  |  |
|  | collateralized) | Mar. 2015 |  | 0.40 | % |  |  |  | 78,246 |  |  | 78,246 |
| 731 Lexington Avenue, retail space(1) | Jul. 2015 |  | 4.93 | % |  |  |  | 320,000 |  |  | 320,000 |
| Paramus | Oct. 2018 |  | 2.90 | % |  |  |  | 68,000 |  |  | 68,000 |
| Rego Park II shopping center(2) | Nov. 2018 |  | 2.05 | % |  |  |  | 270,896 |  |  | 272,245 |
|  |  |  |  |  |  |  |  |  | $ | 1,058,028 |  | $ | 1,065,916 |
(1) | This loan is non-recourse to us, except for $75,000 in the event of a substantial casualty, as defined. |
(2) | This loan bears interest at LIBOR plus 1.85%. |

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for mortgage notes payable. + References No definition available. + Details
Name: | us-gaap_MortgageNotesPayableDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration