XML 31 R19.htm IDEA: XBRL DOCUMENT
v3.19.1

Mortgages Payable | 3 Months Ended
--- | ---
Mar. 31, 2019
Debt Disclosure [Abstract] |
Mortgages Payable | Mortgages Payable The following is a summary of our outstanding mortgages payable as of March 31, 2019 and December 31, 2018. We may refinance our maturing debt as it comes due or choose to repay it.
|  |  |  |  |  | Balance at
(Amounts in thousands) |  | Maturity(1) |  | Interest Rate at March 31, 2019 |  | March 31, 2019 |  | December 31, 2018
First mortgages secured by: |  |  |  |  |  |  |  |
Paramus |  | Oct. 2021 |  | 4.72% |  | $ | 68,000 |  |  | $ | 68,000 |
731 Lexington Avenue, retail space(2) |  | Aug. 2022 |  | 3.88% |  | 350,000 |  |  | 350,000 |
731 Lexington Avenue, office space(3) |  | Jun. 2024 |  | 3.38% |  | 500,000 |  |  | 500,000 |
Rego Park II shopping center(4) |  | Dec. 2025 |  | 3.85% |  | 56,836 |  |  | 56,836 |
Total |  | 974,836 |  |  | 974,836 |
Deferred debt issuance costs, net of accumulated amortization of $10,498 and $9,212, respectively |  |  |  |  |  | (7,724 | ) |  | (9,010 | )
|  |  |  |  |  | $ | 967,112 |  |  | $ | 965,826 |
(1) | Represents the extended maturity where we have the unilateral right to extend.
(2) | Interest at LIBOR plus 1.40%.
(3) | Interest at LIBOR plus 0.90%.
(4) Interest at LIBOR plus 1.35%. The amount of this loan is net of our $195,708 loan participation (see Note 2 - Basis of Presentation).

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 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