Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Summary Of Mortgages, Loans Payable And Other Obligations (Details)

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MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Summary Of Mortgages, Loans Payable And Other Obligations (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
May 31, 2021
Mar. 31, 2022
Jun. 30, 2022
Jun. 21, 2022
Dec. 31, 2021
Oct. 27, 2021
Debt Instrument [Line Items]            
Principal balance outstanding     $ 2,200,000   $ 2,400,000  
Escrow and other reserve funds     15,976   12,817  
Deferred interest     5,257   5,760  
Secured Debt            
Debt Instrument [Line Items]            
Principal balance outstanding     2,161,088   2,252,290  
Unamortized deferred financing costs     (9,599)   (11,220)  
Total mortgages, loans payable and other obligations, net     $ 2,151,489   2,241,070  
Secured Debt | 111 River Street            
Debt Instrument [Line Items]            
Effective rate     3.90%      
Principal balance outstanding     $ 0   150,000  
Closing costs to defease loan   $ 6,300        
Secured Debt | Port Imperial 4/5 Hotel            
Debt Instrument [Line Items]            
Principal balance outstanding     89,000   89,000  
Loan period 6 months          
Repayment of debt $ 5,000          
Guaranteed amount $ 14,500          
Escrow and other reserve funds     $ 700      
Secured Debt | Port Imperial 4/5 Hotel | LIBOR            
Debt Instrument [Line Items]            
Variable interest rate     3.40%      
Secured Debt | Portside at Pier One            
Debt Instrument [Line Items]            
Effective rate     3.57%      
Principal balance outstanding     $ 58,998   58,998  
Secured Debt | Signature Place            
Debt Instrument [Line Items]            
Effective rate     3.74%      
Principal balance outstanding     $ 43,000   43,000  
Secured Debt | Liberty Towers            
Debt Instrument [Line Items]            
Effective rate     3.37%      
Principal balance outstanding     $ 265,000   265,000  
Secured Debt | Haus 25            
Debt Instrument [Line Items]            
Principal balance outstanding     $ 291,672   255,453  
Loan period     1 year      
Borrowing capacity under the credit facility     $ 300,000      
Extension fee     25.00%      
Secured Debt | Haus 25 | LIBOR            
Debt Instrument [Line Items]            
Variable interest rate     2.70%      
Secured Debt | Haus 25 | Minimum | LIBOR            
Debt Instrument [Line Items]            
Variable interest rate     2.00%      
Secured Debt | Portside 5/6            
Debt Instrument [Line Items]            
Effective rate     4.56%      
Principal balance outstanding     $ 97,000   97,000  
Debt instrument, percent guaranteed     10.00%      
Secured Debt | BLVD 425            
Debt Instrument [Line Items]            
Effective rate     4.17%      
Principal balance outstanding     $ 131,000   131,000  
Secured Debt | BLVD 401            
Debt Instrument [Line Items]            
Effective rate     4.29%      
Principal balance outstanding     $ 117,000   117,000  
Secured Debt | 101 Hudson            
Debt Instrument [Line Items]            
Effective rate     3.20%      
Principal balance outstanding     $ 250,000   250,000  
Secured Debt | The Upton            
Debt Instrument [Line Items]            
Principal balance outstanding     $ 75,000   75,000  
Debt instrument, face amount           $ 75,000
Secured Debt | The Upton | LIBOR            
Debt Instrument [Line Items]            
Variable interest rate     1.58%      
Secured Debt | 145 Front at City Square            
Debt Instrument [Line Items]            
Principal balance outstanding     $ 63,000   63,000  
Secured Debt | 145 Front at City Square | LIBOR            
Debt Instrument [Line Items]            
Variable interest rate     1.84%      
Secured Debt | Riverhouse 9 At Port Imperial            
Debt Instrument [Line Items]            
Principal balance outstanding     $ 110,000 $ 110,000 87,175  
Borrowing capacity under the credit facility     $ 92,000      
Secured Debt | Riverhouse 9 At Port Imperial | SOFR            
Debt Instrument [Line Items]            
Variable interest rate     1.41%      
Secured Debt | Quarry Place at Tuckahoe            
Debt Instrument [Line Items]            
Effective rate     4.48%      
Principal balance outstanding     $ 41,000   41,000  
Secured Debt | BLVD 475 N/S            
Debt Instrument [Line Items]            
Effective rate     2.91%      
Principal balance outstanding     $ 165,000   165,000  
Secured Debt | Riverhouse 11 at Port Imperial            
Debt Instrument [Line Items]            
Effective rate     4.52%      
Principal balance outstanding     $ 100,000   100,000  
Secured Debt | Soho Lofts            
Debt Instrument [Line Items]            
Effective rate     3.77%      
Principal balance outstanding     $ 160,000   160,000  
Secured Debt | Soho Lofts | LIBOR            
Debt Instrument [Line Items]            
Variable interest rate     2.75%      
Secured Debt | Port Imperial South 4/5 Garage            
Debt Instrument [Line Items]            
Effective rate     4.85%      
Principal balance outstanding     $ 32,418   32,664  
Deferred interest     $ 800      
Secured Debt | Emery At Overlook Ridge            
Debt Instrument [Line Items]            
Effective rate     3.21%      
Principal balance outstanding     $ 72,000   $ 72,000