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Investments In Unconsolidated Joint Ventures (Tables)
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12 Months Ended |
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Dec. 31, 2013
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| Investments In Unconsolidated Joint Ventures [Abstract] |
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| Summary Of Financial Position Of Unconsolidated Joint Ventures |
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December 31,
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2013
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2012
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Assets:
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Rental property, net
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$
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736,331
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$
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180,254
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Loan receivable
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45,050
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42,276
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Other assets
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544,761
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311,847
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Total assets
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$
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1,326,142
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$
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534,377
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Liabilities and partners'/
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members' capital:
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Mortgages and loans payable
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$
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637,708
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$
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168,908
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Other liabilities
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81,305
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12,141
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Partners'/members' capital
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607,129
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353,328
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Total liabilities and
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partners'/members' capital
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$
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1,326,142
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$
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534,377
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| Summary Of Company's Investment In Unconsolidated Joint Ventures |
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December 31,
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Entity
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2013
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2012
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Plaza VIII & IX Associates, L.L.C.
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$
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3,702
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$
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4,321
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South Pier at Harborside
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-
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(a)
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(1,225)
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Red Bank Corporate Plaza, L.L.C.
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4,046
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3,876
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12 Vreeland Associates, L.L.C.
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5,514
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12,840
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Boston Downtown Crossing
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-
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13,012
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Gale Jefferson, L.L.C.
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-
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1,029
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Stamford SM LLC
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36,258
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34,006
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Marbella RoseGarden, L.L.C.
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15,797
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16,918
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RoseGarden Monaco Holdings, L.L.C.
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3,201
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4,761
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Rosewood Lafayette Holdings, L.L.C.
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857
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1,988
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PruRose Port Imperial South 15, LLC
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-
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606
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Rosewood Morristown, L.L.C.
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6,455
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7,091
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Overlook Ridge JV, L.L.C.
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-
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31
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Overlook Ridge, L.L.C.
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-
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-
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Overlook Ridge JV 2C/3B, L.L.C.
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-
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179
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Roseland/North Retail, L.L.C.
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1,930
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2,161
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BNES Associates III
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1,753
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1,955
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Portside Master Company, L.L.C.
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3,207
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3,651
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PruRose Port Imperial South 13, LLC
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2,206
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2,920
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Roseland/Port Imperial Partners, L.P.
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2,068
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2,582
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RoseGarden Marbella South, L.L.C.
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7,567
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6,182
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PruRose Riverwalk G, L.L.C.
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3,117
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4,136
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Elmajo Urban Renewal Associates, LLC
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203
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629
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Estuary Urban Renewal Unit B, LLC
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24
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220
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RiverPark at Harrison I, L.L.C.
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3,655
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2,606
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150 Main Street, L.L.C. (b)
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-
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2,395
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RoseGarden Monaco, L.L.C.
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1,224
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1,165
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Hillsborough 206 Holdings, L.L.C.
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1,962
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1,967
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Grand Jersey Waterfront Urban Renewal Associates, L.L.C.
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337
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337
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Crystal House Apartments Investors LLC
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26,838
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-
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KPG-P 100 IMW JV, LLC
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1,887
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-
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Capitol Place Mezz LLC
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46,628
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-
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Other
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693
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-
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Company's investment in unconsolidated joint ventures
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$
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181,129
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$
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132,339
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(a)The negative investment balance for this joint venture of $1,706,000 as of December 31, 2013 was included in accounts payable, accrued expenses and other liabilities.
(b)As of August 22, 2013, the Company is consolidating this joint venture. See Note 3: Real Estate Transactions – Consolidation.
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| Summary Of Results Of Operations Of Unconsolidated Joint Ventures |
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Year Ended December 31,
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2013
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2012
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2011
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Total revenues
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$
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256,026
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$
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68,183
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$
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51,308
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Operating and other expenses
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(215,830)
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(37,008)
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(32,074)
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Depreciation and amortization
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(34,525)
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(10,139)
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(10,593)
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Interest expense
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(16,215)
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(6,775)
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(6,743)
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Net income (loss)
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$
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(10,544)
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$
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14,261
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$
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1,898
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| Summary Of Company's Equity In Earnings (Loss) Of Unconsolidated Joint Ventures |
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Year Ended December 31,
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Entity
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2013
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2012
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2011
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Plaza VIII & IX Associates, L.L.C.
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$
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99
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$
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30
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$
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68
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South Pier at Harborside
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2,519
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2,368
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1,495
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Red Bank Corporate Plaza, L.L.C.
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372
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360
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446
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12 Vreeland Associates, L.L.C.
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74
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427
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374
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Boston Downtown Crossing
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644
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(458)
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(448)
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Gale Jefferson, L.L.C.
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69
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81
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87
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Stamford SM LLC
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3,719
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3,078
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-
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Marbella RoseGarden, L.L.C.
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(540)
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13
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-
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RoseGarden Monaco Holdings, L.L.C.
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(1,560)
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(311)
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-
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Rosewood Lafayette Holdings, L.L.C.
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(1,131)
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(197)
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-
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PruRose Port Imperial South 15, LLC
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(606)
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(533)
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-
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Rosewood Morristown, L.L.C.
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(509)
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(25)
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-
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Overlook Ridge JV, L.L.C.
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(212)
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-
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-
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Overlook Ridge, L.L.C.
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-
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-
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-
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Overlook Ridge JV 2C/3B, L.L.C.
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293
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(11)
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-
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Roseland/North Retail, L.L.C.
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(230)
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(80)
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-
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BNES Associates III
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(14)
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(323)
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-
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Portside Master Company, L.L.C.
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(421)
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(5)
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-
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PruRose Port Imperial South 13, LLC
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(664)
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(87)
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-
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Roseland/Port Imperial Partners, L.P.
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(740)
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-
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-
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RoseGarden Marbella South, L.L.C.
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(57)
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(13)
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-
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PruRose Riverwalk G, L.L.C.
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(985)
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(142)
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-
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Elmajo Urban Renewal Associates, LLC
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(345)
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(83)
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-
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Estuary Urban Renewal Unit B, LLC
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(157)
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-
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-
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RiverPark at Harrison I, L.L.C.
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-
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-
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-
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RoseGarden Monaco, L.L.C.
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-
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-
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-
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Hillsborough 206 Holdings, L.L.C.
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(35)
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-
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-
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Grand Jersey Waterfront Urban Renewal Associates, L.L.C.
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(77)
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-
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-
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Crystal House Apartments Investors LLC
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(2,639)
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-
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-
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KPG-P 100 IMW JV, LLC
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(913)
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-
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-
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Capitol Place Mezz LLC
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-
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-
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-
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Other
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1,719
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-
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-
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Company's equity in earnings (loss) of unconsolidated joint ventures
|
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$
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(2,327)
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$
|
4,089
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$
|
2,022
|
|