|
Investments In Unconsolidated Joint Ventures (Tables)
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6 Months Ended |
|
Jun. 30, 2013
|
| Investments In Unconsolidated Joint Ventures [Abstract] |
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| Summary Of Financial Position Of Unconsolidated Joint Ventures |
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|
|
|
|
|
|
|
|
|
|
|
June 30,
|
|
|
December 31,
|
|
|
|
|
2013
|
|
|
2012
|
|
Assets:
|
|
|
|
|
|
|
|
Rental property, net
|
|
$
|
442,372
|
|
$
|
180,254
|
|
Loan receivable
|
|
|
43,641
|
|
|
42,276
|
|
Other assets
|
|
|
380,353
|
|
|
311,847
|
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Total assets
|
|
$
|
866,366
|
|
$
|
534,377
|
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Liabilities and partners'/
|
|
|
|
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|
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members' capital:
|
|
|
|
|
|
|
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Mortgages and loans payable
|
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$
|
387,945
|
|
$
|
168,908
|
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Other liabilities
|
|
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51,965
|
|
|
12,141
|
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Partners'/members' capital
|
|
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426,456
|
|
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353,328
|
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Total liabilities and
|
|
|
|
|
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partners'/members' capital
|
|
$
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866,366
|
|
$
|
534,377
|
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| Summary Of Company's Investment In Unconsolidated Joint Ventures |
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June 30,
|
|
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December 31,
|
|
Entity
|
|
2013
|
|
|
2012
|
|
Plaza VIII & IX Associates, L.L.C.
|
$
|
4,042
|
|
$
|
4,321
|
|
South Pier at Harborside
|
|
(2,180)
|
|
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(1,225)
|
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Red Bank Corporate Plaza, L.L.C.
|
|
3,864
|
|
|
3,876
|
|
12 Vreeland Associates, L.L.C.
|
|
5,465
|
|
|
12,840
|
|
Boston Downtown Crossing
|
|
-
|
|
|
13,012
|
|
Gale Jefferson, L.L.C.
|
|
-
|
|
|
1,029
|
|
Stamford SM LLC
|
|
35,094
|
|
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34,006
|
|
Marbella RoseGarden, L.L.C.
|
|
16,241
|
|
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16,918
|
|
RoseGarden Monaco Holdings, L.L.C.
|
|
3,940
|
|
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4,761
|
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Rosewood Lafayette Holdings, L.L.C.
|
|
1,413
|
|
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1,988
|
|
PruRose Port Imperial South 15, LLC
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|
-
|
|
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606
|
|
Rosewood Morristown, L.L.C.
|
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6,786
|
|
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7,091
|
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Overlook Ridge JV, L.L.C.
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|
-
|
|
|
-
|
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Overlook Ridge, L.L.C.
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144
|
|
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31
|
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Overlook Ridge JV 2C/3B, L.L.C.
|
|
-
|
|
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179
|
|
Roseland/North Retail, L.L.C.
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2,029
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|
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2,161
|
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BNES Associates III
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1,790
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|
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1,955
|
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Portside Master Company, L.L.C.
|
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3,550
|
|
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3,651
|
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PruRose Port Imperial South 13, LLC
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|
2,627
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|
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2,920
|
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Roseland/Port Imperial Partners, L.P.
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2,689
|
|
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2,582
|
|
RoseGarden Marbella South, L.L.C.
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6,617
|
|
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6,182
|
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PruRose Riverwalk G, L.L.C.
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3,646
|
|
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4,136
|
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Elmajo Urban Renewal Associates, LLC
|
|
322
|
|
|
629
|
|
Estuary Urban Renewal Unit B, LLC
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|
125
|
|
|
220
|
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Riverpark at Harrison I, L.L.C.
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3,082
|
|
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2,606
|
|
150 Main Street, L.L.C.
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2,635
|
|
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2,395
|
|
RoseGarden Monaco, L.L.C.
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1,193
|
|
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1,165
|
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Hillsborough 206 Holdings, L.L.C.
|
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1,979
|
|
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1,967
|
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Grand Jersey Waterfront Urban Renewal Associates, L.L.C.
|
|
362
|
|
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337
|
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Crystal House Apartments Investors LLC
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28,267
|
|
|
-
|
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Company's investment in unconsolidated joint ventures
|
$
|
135,722
|
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$
|
132,339
|
|
| Summary Of Results Of Operations Of Unconsolidated Joint Ventures |
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|
|
|
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|
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|
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Three Months Ended
|
|
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Six Months Ended
|
|
|
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June 30,
|
|
|
June 30,
|
|
|
|
2013
|
|
|
2012
|
|
|
2013
|
|
|
2012
|
|
|
|
|
|
|
|
|
|
|
|
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Total revenues
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$
|
91,274
|
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$
|
15,354
|
|
$
|
103,693
|
|
$
|
27,058
|
|
Operating and other expenses
|
|
(81,321)
|
|
|
(9,080)
|
|
|
(89,268)
|
|
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(16,259)
|
|
Depreciation and amortization
|
|
(10,083)
|
|
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(2,398)
|
|
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(13,174)
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|
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(4,788)
|
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Interest expense
|
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(3,310)
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|
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(1,652)
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|
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(5,322)
|
|
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(3,342)
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Net income
|
$
|
(3,440)
|
|
$
|
2,224
|
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$
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(4,071)
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$
|
2,669
|
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| Summary Of Company's Equity In Earnings (Loss) Of Unconsolidated Joint Ventures |
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|
|
|
|
|
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|
|
|
|
|
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Three Months Ended
|
|
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Six Months Ended
|
|
|
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June 30,
|
|
|
June 30,
|
|
Entity
|
|
2013
|
|
|
2012
|
|
|
2013
|
|
|
2012
|
|
Plaza VIII & IX Associates, L.L.C.
|
$
|
19
|
|
$
|
12
|
|
$
|
28
|
|
$
|
22
|
|
South Pier at Harborside
|
|
1,056
|
|
|
792
|
|
|
545
|
|
|
804
|
|
Red Bank Corporate Plaza, L.L.C.
|
|
106
|
|
|
101
|
|
|
207
|
|
|
204
|
|
12 Vreeland Associates, L.L.C.
|
|
116
|
|
|
125
|
|
|
24
|
|
|
324
|
|
Boston Downtown Crossing
|
|
651
|
|
|
(227)
|
|
|
646
|
|
|
(327)
|
|
Gale Jefferson, L.L.C.
|
|
-
|
|
|
20
|
|
|
68
|
|
|
40
|
|
Stamford SM LLC
|
|
897
|
|
|
910
|
|
|
1,782
|
|
|
1,266
|
|
Marbella RoseGarden, L.L.C.
|
|
(165)
|
|
|
-
|
|
|
(276)
|
|
|
-
|
|
RoseGarden Monaco Holdings, L.L.C.
|
|
(423)
|
|
|
-
|
|
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(822)
|
|
|
-
|
|
Rosewood Lafayette Holdings, L.L.C.
|
|
(284)
|
|
|
-
|
|
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(574)
|
|
|
-
|
|
PruRose Port Imperial South 15, LLC
|
|
-
|
|
|
-
|
|
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(606)
|
|
|
-
|
|
Rosewood Morristown, L.L.C.
|
|
(117)
|
|
|
-
|
|
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(241)
|
|
|
-
|
|
Overlook Ridge JV, L.L.C.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
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Overlook Ridge, L.L.C.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
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Overlook Ridge JV 2C/3B, L.L.C.
|
|
224
|
|
|
-
|
|
|
151
|
|
|
-
|
|
Roseland/North Retail, L.L.C.
|
|
(83)
|
|
|
-
|
|
|
(132)
|
|
|
-
|
|
BNES Associates III
|
|
(2)
|
|
|
-
|
|
|
(71)
|
|
|
-
|
|
Portside Master Company, L.L.C.
|
|
(68)
|
|
|
-
|
|
|
(113)
|
|
|
-
|
|
PruRose Port Imperial South 13, LLC
|
|
(145)
|
|
|
-
|
|
|
(278)
|
|
|
-
|
|
Roseland/Port Imperial Partners, L.P.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
RoseGarden Marbella South, L.L.C.
|
|
(19)
|
|
|
-
|
|
|
(37)
|
|
|
-
|
|
PruRose Riverwalk G, L.L.C.
|
|
(192)
|
|
|
-
|
|
|
(378)
|
|
|
-
|
|
Elmajo Urban Renewal Associates, LLC
|
|
(82)
|
|
|
-
|
|
|
(168)
|
|
|
-
|
|
Estuary Urban Renewal Unit B, LLC
|
|
(34)
|
|
|
-
|
|
|
(63)
|
|
|
-
|
|
Riverpark at Harrison I, L.L.C.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
150 Main Street, L.L.C.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
RoseGarden Monaco, L.L.C.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
Hillsborough 206 Holdings, L.L.C.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
Grand Jersey Waterfront Urban Renewal Associates, L.L.C.
|
|
-
|
|
|
-
|
|
|
-
|
|
|
-
|
|
Crystal House Apartments Investors LLC
|
|
(1,535)
|
|
|
-
|
|
|
(1,522)
|
|
|
-
|
|
Company's equity in earnings of unconsolidated joint ventures
|
$
|
(80)
|
|
$
|
1,733
|
|
$
|
(1,830)
|
|
$
|
2,333
|
|