Mortgages, Loans Payable And Other Obligations (Summary Of Mortgages, Loans Payable And Other Obligations) (Details)
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9 Months Ended |
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Jul. 29, 2019
USD ($)
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Jun. 28, 2019
USD ($)
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Jan. 31, 2019
USD ($)
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Sep. 30, 2019
USD ($)
item
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Sep. 30, 2018
USD ($)
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Jan. 30, 2019
USD ($)
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Dec. 31, 2018
USD ($)
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Debt Instrument [Line Items] |
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Principal balance outstanding |
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$ 3,151,561,000
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$ 2,792,651,000
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Borrowings from revolving credit facility |
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489,000,000
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$ 428,000,000
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Payment for borrowings |
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$ 398,000,000
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$ 381,000,000
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Secured Debt [Member] |
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Debt Instrument [Line Items] |
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Effective rate |
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3.15%
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Principal balance outstanding |
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$ 2,106,550,000
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1,440,396,000
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Unamortized deferred financing costs |
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13,917,000
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8,998,000
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Total mortgages, loans payable and other obligations, net |
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$ 2,092,633,000
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1,431,398,000
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Secured Debt [Member] | Park Square Apartments [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Park Square (b)
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Lender |
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Wells Fargo Bank N.A.
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Effective rate |
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1.87%
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Principal balance outstanding |
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25,167,000
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Secured Debt [Member] | Worcester [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Worcester (c)
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Lender |
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Citizens Bank
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Effective rate |
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2.50%
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Principal balance outstanding |
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$ 57,883,000
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56,892,000
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Loan maturity date |
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Dec. 10, 2019
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Secured Debt [Member] | Worcester [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 58,000,000
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Number of extension options | item |
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2
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Loan extension period |
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1 year
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Extension fee |
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0.15%
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Secured Debt [Member] | Monaco [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Monaco (d)
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Lender |
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The Northwestern Mutual Life Insurance Co.
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Effective rate |
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3.15%
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Principal balance outstanding |
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$ 167,157,000
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168,370,000
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Loan maturity date |
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Feb. 01, 2021
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Secured Debt [Member] | Monaco [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 2,100,000
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Secured Debt [Member] | Port Imperial South 4/5 Retail [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial South 4/5 Retail
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Lender |
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American General Life & A/G PC
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Effective rate |
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4.56%
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Principal balance outstanding |
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$ 3,951,000
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4,000,000
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Loan maturity date |
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Dec. 01, 2021
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Secured Debt [Member] | Port Imperial 4/5 Hotel [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial 4/5 Hotel (e)
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Lender |
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Fifth Third Bank & Santander
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Effective rate |
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4.50%
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Principal balance outstanding |
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$ 56,636,000
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73,350,000
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Loan maturity date |
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Apr. 09, 2022
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Secured Debt [Member] | Port Imperial 4/5 Hotel [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 94,000,000
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Number of extension options | item |
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2
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Loan extension period |
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1 year
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Extension fee |
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0.20%
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Payment for borrowings |
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$ 30,000,000
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Secured Debt [Member] | Chase III Project [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Chase III (f)
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Lender |
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Fifth Third Bank
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Effective rate |
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2.50%
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Principal balance outstanding |
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$ 13,837,000
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Loan maturity date |
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May 16, 2022
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Secured Debt [Member] | Chase III Project [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 62,000,000
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Number of extension options | item |
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1
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Loan extension period |
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18 months
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Extension fee |
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0.25%
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Secured Debt [Member] | Port Imperial South 9 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial South 9 (g)
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Lender |
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Bank of New York Mellon
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Effective rate |
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2.13%
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Principal balance outstanding |
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$ 4,238,000
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Loan maturity date |
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Dec. 19, 2022
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Secured Debt [Member] | Port Imperial South 9 [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 92,000,000
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Number of extension options | item |
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1
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Loan extension period |
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1 year
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Extension fee |
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0.15%
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Secured Debt [Member] | Portside 7 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Portside 7
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Lender |
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CBRE Capital Markets/FreddieMac
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Effective rate |
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3.57%
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Principal balance outstanding |
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$ 58,998,000
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58,998,000
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Loan maturity date |
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Aug. 01, 2023
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Secured Debt [Member] | Alterra I & II [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Alterra I & II (h)
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Lender |
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Capital One/FreddieMac
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Effective rate |
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3.85%
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Principal balance outstanding |
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$ 100,000,000
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100,000,000
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Loan maturity date |
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Feb. 01, 2024
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Secured Debt [Member] | 250 Johnson Road [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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250 Johnson (i)
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Lender |
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Nationwide Life Insurance Company
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Effective rate |
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3.74%
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Principal balance outstanding |
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$ 43,000,000
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41,769,000
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Loan maturity date |
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Aug. 01, 2024
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Secured Debt [Member] | 250 Johnson Road [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Loan maturity date |
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Aug. 01, 2024
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Payment for borrowings |
$ 43,000,000
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Secured Debt [Member] | Liberty Towers [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Liberty Towers
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Lender |
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American General Life Insurance Company
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Effective rate |
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3.37%
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Principal balance outstanding |
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$ 232,000,000
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Loan maturity date |
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Oct. 01, 2024
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Secured Debt [Member] | The Chase At Overlook Ridge [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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The Chase at Overlook Ridge (j)
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Lender |
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New York Community Bank
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Effective rate |
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3.74%
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Principal balance outstanding |
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$ 135,750,000
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135,750,000
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Loan maturity date |
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Jan. 01, 2025
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Secured Debt [Member] | Portside 5/6 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Portside 5/6
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Lender |
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New York Life Insurance Company
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Effective rate |
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4.56%
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Principal balance outstanding |
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$ 97,000,000
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97,000,000
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Loan maturity date |
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Mar. 10, 2026
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Secured Debt [Member] | Marbella I [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Marbella
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Lender |
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New York Life Insurance Company
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Effective rate |
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4.17%
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Principal balance outstanding |
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$ 131,000,000
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131,000,000
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Loan maturity date |
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Aug. 10, 2026
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Secured Debt [Member] | Marbella II [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Marbella II (k)
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Lender |
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New York Life Insurance Company
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Effective rate |
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4.29%
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Principal balance outstanding |
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$ 117,000,000
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Loan maturity date |
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Aug. 10, 2026
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Secured Debt [Member] | 101 Hudson [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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101 Hudson
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Lender |
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Wells Fargo CMBS
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Effective rate |
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3.20%
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Principal balance outstanding |
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$ 250,000,000
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250,000,000
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Loan maturity date |
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Oct. 11, 2026
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Secured Debt [Member] | Short Hills Portfolio [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Short Hills Portfolio (l)
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Lender |
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Wells Fargo CMBS
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Effective rate |
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4.15%
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Principal balance outstanding |
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$ 124,500,000
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124,500,000
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Loan maturity date |
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Apr. 01, 2027
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Secured Debt [Member] | 150 Main St [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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150 Main St.
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Lender |
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Natixis Real Estate Capital LLC
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Effective rate |
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4.48%
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Principal balance outstanding |
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$ 41,000,000
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41,000,000
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Loan maturity date |
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Aug. 05, 2027
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Secured Debt [Member] | Port Imperial South 11 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial South 11
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Lender |
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The Northwestern Mutual Life Insurance Co.
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Effective rate |
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4.52%
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Principal balance outstanding |
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$ 100,000,000
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100,000,000
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Loan maturity date |
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Jan. 10, 2029
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Secured Debt [Member] | Soho Lofts Apartments [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Soho Lofts
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Lender |
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New York Community Bank
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Effective rate |
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3.77%
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Principal balance outstanding |
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$ 160,000,000
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Loan maturity date |
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Jul. 01, 2029
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Secured Debt [Member] | Riverwatch Commons [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Riverwatch Commons (m)
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Lender |
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New York Community Bank
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Effective rate |
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3.79%
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Principal balance outstanding |
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$ 30,000,000
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Loan maturity date |
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Jul. 01, 2029
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Effective percentage after five years |
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2.75%
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First period of term period |
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5 years
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Secured Debt [Member] | 111 River St. [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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111 River St.
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Lender |
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Athene Annuity and Life Company
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Effective rate |
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3.90%
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|
Principal balance outstanding |
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$ 150,000,000
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|
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Loan maturity date |
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|
Sep. 01, 2029
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Secured Debt [Member] | Port Imperial South 4/5 Garage [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial South 4/5 Garage
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Lender |
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American General Life & A/G PC
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|
Effective rate |
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|
|
4.85%
|
|
|
|
Principal balance outstanding |
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|
|
$ 32,600,000
|
|
|
$ 32,600,000
|
Loan maturity date |
|
|
|
Dec. 01, 2029
|
|
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Unconsolidated Joint Venture Multi-Family Properties [Member] | Marbella II [Member] |
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Debt Instrument [Line Items] |
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Percentage of additional interest acquired |
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50.00%
|
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|
|
|
Mortgage loan |
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|
$ 117,000,000
|
|
|
$ 74,700,000
|
|