Mortgages, Loans Payable And Other Obligations (Summary Of Mortgages, Loans Payable And Other Obligations) (Details)
|
6 Months Ended |
|
Jun. 30, 2017
USD ($)
property
item
|
Dec. 31, 2016
USD ($)
|
Debt Instrument [Line Items] |
|
|
|
Principal balance outstanding |
|
$ 2,950,219,000
|
$ 2,340,009,000
|
Secured Debt |
|
$ 1,361,537,000
|
888,585,000
|
Minimum [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Percentage of interest in venture |
|
12.50%
|
|
Maximum [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Percentage of interest in venture |
|
85.00%
|
|
Port Imperial 4/5 Hotel [Member] | Construction Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Maximum borrowing capacity |
|
$ 94,000,000
|
|
Chase II Project [Member] | Construction Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Maximum borrowing capacity |
|
$ 48,000,000
|
|
One River Center [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Number of properties used to collateralized mortgage | property |
|
3
|
|
250 Johnson Road [Member] | Construction Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Maximum borrowing capacity |
|
$ 42,000,000
|
|
Portside 5/6 Project [Member] | Construction Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Maximum borrowing capacity |
|
73,000,000
|
|
Port Imperial South 11 [Member] | Construction Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Maximum borrowing capacity |
|
78,000,000
|
|
Worcester [Member] | Construction Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Maximum borrowing capacity |
|
58,000,000
|
|
Monaco Towers [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Adjustment for unamortized debt discount/premium and mark-to-market, net, as of December 31, 2013 |
|
5,800,000
|
|
Secured Debt [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Principal balance outstanding |
|
1,369,699,000
|
896,055,000
|
Unamortized deferred financing costs |
|
(8,162,000)
|
(7,470,000)
|
Total mortgages, loans payable and other obligations, net |
|
$ 1,361,537,000
|
888,585,000
|
Secured Debt [Member] | 150 Main St [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
150 Main St.
|
|
Lender |
|
Webster Bank
|
|
LIBOR |
[1] |
LIBOR+2.35
|
|
Spread over LIBOR |
|
2.35%
|
|
Principal balance outstanding |
|
$ 28,540,000
|
26,642,000
|
Loan maturity date |
|
Aug. 01, 2017
|
|
Secured Debt [Member] | Curtis Center [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[2] |
Curtis Center
|
|
Lender |
[2] |
CCRE & PREFG
|
|
LIBOR |
[1],[2] |
LIBOR+5.912
|
|
Spread over LIBOR |
|
5.912%
|
|
Principal balance outstanding |
[2] |
$ 75,000,000
|
75,000,000
|
Loan maturity date |
[2] |
Oct. 09, 2017
|
|
Percentage of interest in venture |
|
50.00%
|
|
Number of extension options | item |
|
3
|
|
Loan extension period |
|
1 year
|
|
Secured Debt [Member] | Curtis Center [Member] | Senior Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Effective rate |
|
4.45%
|
|
Spread over LIBOR |
|
3.29%
|
|
Principal balance outstanding |
|
$ 102,000,000
|
|
Percentage of interest in venture |
|
50.00%
|
|
LIBOR measurement period |
|
1 month
|
|
Secured Debt [Member] | Curtis Center [Member] | Mezzanine Loan [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Effective rate |
|
10.66%
|
|
Spread over LIBOR |
|
9.50%
|
|
Principal balance outstanding |
|
$ 48,000,000
|
|
Percentage of interest in venture |
|
50.00%
|
|
LIBOR measurement period |
|
1 month
|
|
Secured Debt [Member] | 23 Main Street [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
23 Main Street
|
|
Lender |
|
Berkadia CMBS
|
|
Effective rate |
[1] |
5.587%
|
|
Principal balance outstanding |
|
$ 27,467,000
|
27,838,000
|
Loan maturity date |
|
Sep. 01, 2018
|
|
Secured Debt [Member] | Port Imperial 4/5 Hotel [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[3] |
Port Imperial 4/5 Hotel
|
|
Lender |
[3] |
Fifth Third Bank & Santander
|
|
LIBOR |
[1],[3] |
LIBOR+4.50
|
|
Spread over LIBOR |
|
4.50%
|
|
Principal balance outstanding |
[3] |
$ 24,870,000
|
14,919,000
|
Loan maturity date |
[3] |
Oct. 06, 2018
|
|
Secured Debt [Member] | Harborside Plaza 5 [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
Harborside Plaza 5
|
|
Lender |
|
The Northwestern Mutual Life Insurance Co. & New York Life Insurance Co.
|
|
Effective rate |
[1] |
6.842%
|
|
Principal balance outstanding |
|
$ 211,486,000
|
213,640,000
|
Loan maturity date |
|
Nov. 01, 2018
|
|
Secured Debt [Member] | Chase II Project [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[4] |
Chase II
|
|
Lender |
[4] |
Fifth Third Bank
|
|
LIBOR |
[1],[4] |
LIBOR+2.25
|
|
Spread over LIBOR |
|
2.25%
|
|
Principal balance outstanding |
[4] |
$ 43,527,000
|
34,708,000
|
Loan maturity date |
[4] |
Dec. 16, 2018
|
|
Secured Debt [Member] | One River Center [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[5] |
One River Center
|
|
Lender |
[5] |
Guardian Life Insurance Co.
|
|
Effective rate |
[1],[5] |
7.311%
|
|
Principal balance outstanding |
[5] |
$ 40,847,000
|
41,197,000
|
Loan maturity date |
[5] |
Feb. 01, 2019
|
|
Secured Debt [Member] | Park Square [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
Park Square
|
|
Lender |
|
Wells Fargo Bank N.A.
|
|
LIBOR |
[1] |
LIBOR+1.872
|
|
Spread over LIBOR |
|
1.872%
|
|
Principal balance outstanding |
|
$ 27,267,000
|
27,500,000
|
Loan maturity date |
|
Apr. 10, 2019
|
|
Secured Debt [Member] | 250 Johnson Road [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[6] |
250 Johnson
|
|
Lender |
[6] |
M&T Bank
|
|
LIBOR |
[1],[6] |
LIBOR+2.35
|
|
Spread over LIBOR |
|
2.35%
|
|
Principal balance outstanding |
[6] |
$ 14,006,000
|
2,440,000
|
Loan maturity date |
[6] |
May 20, 2019
|
|
Secured Debt [Member] | Portside 5/6 Project [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[7] |
Portside 5/6
|
|
Lender |
[7] |
Citizens Bank
|
|
LIBOR |
[1],[7] |
LIBOR+2.50
|
|
Spread over LIBOR |
|
2.50%
|
|
Principal balance outstanding |
[7] |
$ 16,489,000
|
|
Loan maturity date |
[7] |
Sep. 19, 2019
|
|
Secured Debt [Member] | Port Imperial South 11 [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[8] |
Port Imperial South 11
|
|
Lender |
[8] |
JPMorgan Chase
|
|
LIBOR |
[1],[8] |
LIBOR+2.35
|
|
Spread over LIBOR |
|
2.35%
|
|
Principal balance outstanding |
[8] |
$ 30,403,000
|
14,073,000
|
Loan maturity date |
[8] |
Nov. 24, 2019
|
|
Secured Debt [Member] | Worcester [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[9] |
Worcester
|
|
Lender |
[9] |
Citizens Bank
|
|
LIBOR |
[1],[9] |
LIBOR+2.50
|
|
Spread over LIBOR |
|
2.50%
|
|
Principal balance outstanding |
[9] |
$ 16,403,000
|
|
Loan maturity date |
[9] |
Dec. 10, 2019
|
|
Secured Debt [Member] | Monaco Towers [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[10] |
Monaco
|
|
Lender |
[10] |
The Northwestern Mutual Life Insurance Co.
|
|
Effective rate |
[1],[10] |
3.15%
|
|
Principal balance outstanding |
[10] |
$ 170,796,000
|
|
Loan maturity date |
[10] |
Feb. 01, 2021
|
|
Secured Debt [Member] | Port Imperial South 4/5 Retail [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
Port Imperial South 4/5 Retail
|
|
Lender |
|
American General Life & A/G PC
|
|
Effective rate |
[1] |
4.559%
|
|
Principal balance outstanding |
|
$ 4,000,000
|
4,000,000
|
Loan maturity date |
|
Dec. 01, 2021
|
|
Secured Debt [Member] | The Chase At Overlook Ridge [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
The Chase at Overlook Ridge
|
|
Lender |
|
New York Community Bank
|
|
Effective rate |
[1] |
3.74%
|
|
Principal balance outstanding |
|
$ 72,500,000
|
72,500,000
|
Loan maturity date |
|
Feb. 01, 2023
|
|
Secured Debt [Member] | Portside 7 [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
Portside 7
|
|
Lender |
|
CBRE Capital Markets/FreddieMac
|
|
Effective rate |
[1] |
3.569%
|
|
Principal balance outstanding |
|
$ 58,998,000
|
58,998,000
|
Loan maturity date |
|
Aug. 01, 2023
|
|
Secured Debt [Member] | Alterra I & II [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
Alterra I & II
|
|
Lender |
|
Capital One/FreddieMac
|
|
Effective rate |
[1] |
3.854%
|
|
Principal balance outstanding |
|
$ 100,000,000
|
|
Loan maturity date |
|
Feb. 01, 2024
|
|
Secured Debt [Member] | 101 Hudson Street [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
101 Hudson
|
|
Lender |
|
Wells Fargo CMBS
|
|
Effective rate |
[1] |
3.197%
|
|
Principal balance outstanding |
|
$ 250,000,000
|
250,000,000
|
Loan maturity date |
|
Oct. 11, 2026
|
|
Secured Debt [Member] | Short Hills Office Buildings [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
[11] |
Short Hills Office Buildings
|
|
Lender |
[11] |
Wells Fargo CMBS
|
|
Effective rate |
[1],[11] |
4.149%
|
|
Principal balance outstanding |
[11] |
$ 124,500,000
|
|
Loan maturity date |
[11] |
Apr. 01, 2027
|
|
Secured Debt [Member] | Port Imperial 4/5 Garage Development [Member] |
|
|
|
Debt Instrument [Line Items] |
|
|
|
Property Name |
|
Port Imperial South 4/5 Garage
|
|
Lender |
|
American General Life & A/G PC
|
|
Effective rate |
[1] |
4.853%
|
|
Principal balance outstanding |
|
$ 32,600,000
|
$ 32,600,000
|
Loan maturity date |
|
Dec. 01, 2029
|
|
|
|