Annual report pursuant to Section 13 and 15(d)

INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Schedule of Unconsolidated Joint Venture (Details)

v3.22.4
INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES - Schedule of Unconsolidated Joint Venture (Details)
$ in Thousands
12 Months Ended
Jan. 10, 2023
Nov. 30, 2022
USD ($)
Dec. 22, 2021
USD ($)
Sep. 01, 2021
USD ($)
Apr. 29, 2021
USD ($)
Dec. 31, 2022
USD ($)
ft²
apartmentUnit
potentialApartmentUnit
room
floor
Oct. 11, 2022
Dec. 31, 2021
USD ($)
Schedule of Equity Method Investments [Line Items]                
Carrying Value           $ 126,158   $ 137,772
Sale price       $ 1,900        
The Shops At 40 Park Property | Debt Maturity B                
Schedule of Equity Method Investments [Line Items]                
Balance           $ 6,067    
Interest rate, stated             5.125%  
Interest Rate, Variable           1.50%    
Lofts At 40 Park Property | Debt Maturity C                
Schedule of Equity Method Investments [Line Items]                
Balance           $ 18,200    
Interest Rate, Variable           1.50%    
Metropolitan at 40 Park | Debt Maturity A                
Schedule of Equity Method Investments [Line Items]                
Balance           $ 36,500    
Interest Rate, Variable           2.85%    
SOFR | The Shops At 40 Park Property | Debt Maturity C | Subsequent Event                
Schedule of Equity Method Investments [Line Items]                
Interest Rate, Variable 2.00%              
Metropolitan and Lofts at 40 Park | The Shops At 40 Park Property                
Schedule of Equity Method Investments [Line Items]                
Area of property (in square feet) | ft²           50,973    
Residual ownership interest           25.00%    
Metropolitan and Lofts at 40 Park | Lofts At 40 Park Property                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           59    
Indirect ownership interest           50.00%    
Number of stories | floor           5    
PI North - Riverwalk C                
Schedule of Equity Method Investments [Line Items]                
Repayments of debt     $ 108,300          
Debt instrument, face amount     135,000          
Issuance of loan     $ 9,200          
PI North - Land                
Schedule of Equity Method Investments [Line Items]                
Residual ownership interest           20.00%    
Number of units available for development | apartmentUnit           829    
12 Vreeland Road                
Schedule of Equity Method Investments [Line Items]                
Sale price         $ 2,000      
Multifamily                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           2,146    
Multifamily | Metropolitan and Lofts at 40 Park                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           189    
Company's Effective Ownership Percentage           25.00%    
Carrying Value           $ 1,747   2,547
Balance           $ 60,767    
Multifamily | RiverTrace at Port Imperial                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           316    
Company's Effective Ownership Percentage           22.50%    
Carrying Value           $ 5,114   6,077
Balance           $ 82,000    
Interest rate, stated           3.21%    
Multifamily | PI North - Riverwalk C                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           360    
Company's Effective Ownership Percentage           40.00%    
Carrying Value           $ 23,234   27,401
Balance           $ 135,000    
Multifamily | PI North - Riverwalk C | SOFR                
Schedule of Equity Method Investments [Line Items]                
Interest Rate, Variable           1.20%    
Multifamily | Riverpark at Harrison                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           141    
Company's Effective Ownership Percentage           45.00%    
Carrying Value           $ 0   0
Balance           $ 30,192    
Interest rate, stated           3.19%    
Multifamily | Station House                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           378    
Company's Effective Ownership Percentage           50.00%    
Carrying Value           $ 32,372   33,004
Balance           $ 91,432    
Interest rate, stated           4.82%    
Multifamily | Urby at Harborside                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | apartmentUnit           762    
Company's Effective Ownership Percentage           85.00%    
Carrying Value           $ 61,594   66,418
Balance           $ 188,522    
Interest rate, stated           5.197%    
Guaranteed amount           $ 22,000    
Multifamily | PI North - Land                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | potentialApartmentUnit           829    
Company's Effective Ownership Percentage           20.00%    
Carrying Value           $ 1,678   1,678
Balance           $ 0    
Interest rate, stated           0.00%    
Multifamily | Liberty Landing                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | potentialApartmentUnit           0    
Company's Effective Ownership Percentage           50.00%    
Carrying Value           $ 0   300
Balance           $ 0    
Interest rate, stated           0.00%    
Office | 12 Vreeland Road                
Schedule of Equity Method Investments [Line Items]                
Company's Effective Ownership Percentage           50.00%    
Carrying Value           $ 0   0
Balance           $ 0    
Interest rate, stated           0.00%    
Area of property (in square feet) | ft²           139,750    
Sale price         $ 2,000      
Office | Offices At Crystal Lake                
Schedule of Equity Method Investments [Line Items]                
Company's Effective Ownership Percentage           31.25%    
Carrying Value           $ 0   0
Balance           $ 0    
Interest rate, stated           0.00%    
Area of property (in square feet) | ft²           106,345    
Sale price       $ 1,900        
Office | Cal-Harbor                
Schedule of Equity Method Investments [Line Items]                
Sale price   $ 117,000            
Other                
Schedule of Equity Method Investments [Line Items]                
Carrying Value           $ 126,158   137,772
Balance           $ 587,913    
Other | Hyatt Regency Hotel Jersey City                
Schedule of Equity Method Investments [Line Items]                
Number of Apartment Units or Rentable SF | room           351    
Company's Effective Ownership Percentage           50.00%    
Carrying Value           $ 0   0
Balance           $ 0    
Interest rate, stated           0.00%    
Other | Other                
Schedule of Equity Method Investments [Line Items]                
Carrying Value           $ 419   $ 347
Balance           $ 0    
Interest rate, stated           0.00%