XML 43 R28.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Mortgages Payable (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Mortgages Payable [Abstract] |
Summary of Notes and Mortgages Payable |
|  |  |  | Interest Rate at |  | Balance at December 31, |
(Amounts in thousands) | Maturity(1) |  | December 31, 2015 |  | 2015 |  |  | 2014 |
First mortgages secured by: |  |  |  |  |  |  |  |  |  |  |  |
| Rego Park I shopping center (100% cash | Mar. 2016 |  | 0.40 | % |  | $ | 78,246 |  |  | $ | 78,246 |
| collateralized)(2) |  |  |  |  |  |  |  |  |  |  |  |
| Paramus | Oct. 2018 |  | 2.90 | % |  |  | 68,000 |  |  |  | 68,000 |
| Rego Park II shopping center(3) | Nov. 2018 |  | 2.27 | % |  |  | 263,341 |  |  |  | 266,534 |
| 731 Lexington Avenue, office space(4) | Mar. 2021 |  | 1.28 | % |  |  | 300,000 |  |  |  | 300,000 |
| 731 Lexington Avenue, retail space | Aug. 2022 |  | 1.67 | % |  |  | 350,000 | (5) |  |  | 320,000 |
| Total |  |  |  |  |  |  | 1,059,587 |  |  |  | 1,032,780 |
| Deferred debt issuance costs, net of accumulated |  |  |  |  |  |  |  |  |  |  |  |
| amortization of $4,267 and $11,295, respectively |  |  |  |  |  |  | (6,325) |  |  |  | (4,824) |
|  |  |  |  |  |  | $ | 1,053,262 |  |  | $ | 1,027,956 |
___________________ |  |  |  |  |  |  |  |  |  |  |  |
(1) | Represents the extended maturity where we have the unilateral right to extend. |
(2) | Extended for one year from March 10, 2015. |
(3) | This loan bears interest at LIBOR plus 1.85%. |
(4) | This loan bears interest at LIBOR plus 0.95%. |
(5) | This loan bears interest at LIBOR plus 1.40%. |  |  |  |  |  |  |  |  |  |  |  |
Schedule of Maturities of Long-term Debt |
| (Amounts in thousands) |  |  |  |  |
| Year Ending December 31, |  | Amount |  |
| 2016 |  | $ | 81,686 |  |
| 2017 |  |  | 3,707 |  |
| 2018 |  |  | 324,194 |  |
| 2019 |  |  | - |  |
| 2020 |  |  | - |  |
| Thereafter |  |  | 650,000 |  |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, 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 FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: 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 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: 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 9: 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 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration