Annual report pursuant to Section 13 and 15(d)

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

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MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Mortgages, Loans Payable And Other Obligations (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
May 31, 2021
USD ($)
Sep. 30, 2022
USD ($)
Mar. 31, 2022
USD ($)
Dec. 31, 2022
USD ($)
item
Dec. 31, 2021
USD ($)
Oct. 27, 2021
USD ($)
Jun. 21, 2021
USD ($)
Debt Instrument [Line Items]              
Principal balance outstanding       $ 1,900,000 $ 2,400,000    
Escrow and other reserve funds       11,692 12,817    
Secured Debt              
Debt Instrument [Line Items]              
Principal balance outstanding       1,911,488 2,252,290    
Unamortized deferred financing costs       (7,511) (11,220)    
Total mortgages, loans payable and other obligations, net       $ 1,903,977 2,241,070    
Secured Debt | 111 River St.              
Debt Instrument [Line Items]              
Effective Rate       3.90%      
Principal balance outstanding       $ 0 150,000    
Secured Debt | 101 Hudson Street              
Debt Instrument [Line Items]              
Effective Rate       3.20%      
Principal balance outstanding       $ 0 250,000    
Closing costs to defease loan     $ 1,000        
Secured Debt | Port Imperial 4/5 Hotel              
Debt Instrument [Line Items]              
Principal balance outstanding       $ 84,000 89,000    
Loan period 6 months            
Repayments of debt $ 5,000 $ 5,000          
Guaranteed amount $ 13,700            
Escrow and other reserve funds   $ 1,200          
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       $ 297,324 255,453    
Loan period       1 year      
Borrowing capacity under the credit facility       $ 300,000      
Number of extension options | item       1      
Extension fee       25.00%      
Secured Debt | Haus 25 | LIBOR              
Debt Instrument [Line Items]              
Variable interest rate       2.70%      
Secured Debt | Haus 25 | LIBOR | Minimum              
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 | The Upton              
Debt Instrument [Line Items]              
Principal balance outstanding       75,000 75,000    
Borrowing capacity under the credit facility       $ 92,000      
Secured Debt | The Upton | LIBOR              
Debt Instrument [Line Items]              
Variable interest rate       1.58%      
Secured Debt | 145 Front at City Square (h)              
Debt Instrument [Line Items]              
Principal balance outstanding       $ 63,000 63,000    
Secured Debt | 145 Front at City Square (h) | 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 87,175    
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       $ 32,166 32,664    
Secured Debt | Emery at Overlook Ridge              
Debt Instrument [Line Items]              
Effective Rate       3.21%      
Principal balance outstanding       $ 72,000 $ 72,000    
Secured Debt | 111 River Street              
Debt Instrument [Line Items]              
Closing costs to defease loan     $ 6,300        
Secured Debt | The Upton              
Debt Instrument [Line Items]              
Debt instrument, face amount           $ 75,000 $ 110,000