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 $)
9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2014
6301 Ivy Lane [Member]
Dec. 31, 2013
6301 Ivy Lane [Member]
Sep. 30, 2014
395 West Passaic [Member]
Dec. 31, 2013
395 West Passaic [Member]
Sep. 30, 2014
35 Waterview Boulevard [Member]
Dec. 31, 2013
35 Waterview Boulevard [Member]
Sep. 30, 2014
233 Canoe Brook Road [Member]
Dec. 31, 2013
233 Canoe Brook Road [Member]
Sep. 30, 2014
6 Becker, 85 Livingston, 75 Livingston & 20 Waterview [Member]
property
Dec. 31, 2013
6 Becker, 85 Livingston, 75 Livingston & 20 Waterview [Member]
Sep. 30, 2014
4 Sylvan [Member]
Dec. 31, 2013
4 Sylvan [Member]
Sep. 30, 2014
10 Independence [Member]
Dec. 31, 2013
10 Independence [Member]
Sep. 30, 2014
Port Imperial South 4/5 [Member]
Dec. 31, 2013
Port Imperial South 4/5 [Member]
Sep. 30, 2014
Overlook - Site IIID, IIIC, IIIA [Member]
Sep. 30, 2014
Overlook - Site IIIB [Member]
Sep. 30, 2014
9200 Edmonston Road [Member]
Dec. 31, 2013
9200 Edmonston Road [Member]
Sep. 30, 2014
Port Imperial South [Member]
Dec. 31, 2013
Port Imperial South [Member]
Sep. 30, 2014
4 Becker [Member]
Dec. 31, 2013
4 Becker [Member]
Sep. 30, 2014
5 Becker [Member]
Dec. 31, 2013
5 Becker [Member]
Sep. 30, 2014
210 Clay [Member]
Dec. 31, 2013
210 Clay [Member]
Sep. 30, 2014
Curtis Center [Member]
item
Sep. 30, 2014
Curtis Center [Member]
Senior Loan [Member]
Sep. 30, 2014
Curtis Center [Member]
Mezzanine Loan [Member]
Sep. 30, 2014
Various [Member]
property
Dec. 31, 2013
Various [Member]
Sep. 30, 2014
150 Main St [Member]
Sep. 30, 2014
23 Main Street [Member]
Dec. 31, 2013
23 Main Street [Member]
Sep. 30, 2014
Harborside Plaza 5 [Member]
Dec. 31, 2013
Harborside Plaza 5 [Member]
Sep. 30, 2014
100 Walnut Avenue [Member]
Dec. 31, 2013
100 Walnut Avenue [Member]
Sep. 30, 2014
One River Center [Member]
property
Dec. 31, 2013
One River Center [Member]
Sep. 30, 2014
Park Square [Member]
Sep. 30, 2014
Consolidated Land [Member]
Overlook Ridge Properties [Member]
Aug. 15, 2014
Consolidated Land [Member]
Overlook Ridge Properties [Member]
Debt Instrument [Line Items]                                                                                                
Property Name       6301 Ivy Lane (b) [1]   395 West Passaic (c) [2]   35 Waterview Boulevard (d) [3]   233 Canoe Brook Road (e) [4]   6 Becker, 85 Livingston, 75 Livingston & 20 Waterview [5]   4 Sylvan   10 Independence (g) [6]   Port Imperial South 4/5   Overlook - Site IIID,IIIC, IIIA (p) [7] Overlook - Site IIB (Quarrystone I) (p) [7] 9200 Edmonston Road (h) [8]   Port Imperial South   4 Becker   5 Becker (i) [9]   210 Clay   Curtis Center (j) [10]     Various (k) [11]   150 Main St. 23 Main Street   Harborside Plaza 5   100 Walnut Avenue   One River Center (l) [12]   Park Square    
Lender       RGA Reinsurance Company [1]   State Farm Life Insurance Co. [2]   Wells Fargo CMBS [3]   The Provident Bank [4]   Wells Fargo CMBS [5]   Wells Fargo CMBS   Wells Fargo CMBS [6]   Wells Fargo Bank N.A.   Wells Fargo Bank N.A. [7] Wells Fargo Bank N.A. [7] Principal Commercial Funding L.L.C. [8]   Wells Fargo Bank N.A.   Wells Fargo CMBS   Wells Fargo CMBS [9]   Wells Fargo CMBS   CCRE & PREFG [10]     Prudential Insurance [11]   Webster Bank JPMorgan CMBS   The Northwestern Mutual Life Insurance Co. & New York Life Insurance Co.   Guardian Life Insurance Co.   Guardian Life Insurance Co. [12]   Wells Fargo Bank N.A.    
LIBOR                                   LIBOR+3.50 [13]   LIBOR+3.50 [13],[7] LIBOR+2.50 [13],[7]     LIBOR+1.75 [13]               LIBOR+4.55 [10],[13],[14]         LIBOR+2.35 [13]                      
Effective Rate       5.52% [1],[13]   6.004% [13],[2]   6.348% [13],[3]   4.375% [13],[4]   10.22% [13],[5]   10.19% [13]   12.44% [13],[6]           5.534% [13],[8]       9.55% [13]   12.83% [13],[9]   13.42% [13]     3.45% 9.65% 6.332% [11],[13]     5.587% [13]   6.842% [13]   7.311% [13]   7.311% [12],[13]   1.75% [13],[15]    
Property Debt, Interest Rate, Spread Over LIBOR                                   3.50% [13],[16]   3.50% [13],[7] 2.50% [13],[7]     1.75% [13]               4.55% [10],[13],[14] 3.29% 9.50%     2.35% [13]                 1.75% [13],[15]    
Mortgages, loans payable and other obligations   $ 821,202,000 $ 746,191,000    [1] $ 5,447,000 [1]    [2] $ 9,719,000 [2]    [3] $ 18,417,000 [3]    [4] $ 3,877,000 [4] $ 65,035,000 [5] $ 64,233,000 [5] $ 14,575,000 $ 14,538,000 $ 16,924,000 [6] $ 16,638,000 [6] $ 36,950,000 $ 36,950,000 $ 17,100,000 [7] $ 5,748,000 [7] $ 3,996,000 [8] $ 4,115,000 [8] $ 43,910,000 $ 43,278,000 $ 39,268,000 $ 38,820,000 $ 13,666,000 [9] $ 13,092,000 [9] $ 13,182,000 $ 12,767,000 $ 64,000,000 [10] $ 102,000,000 $ 26,000,000 $ 146,048,000 [11] $ 147,477,000 [11] $ 218,000 $ 29,373,000 $ 29,843,000 $ 222,480,000 $ 225,139,000 $ 18,606,000 $ 18,792,000 $ 42,623,000 [12] $ 43,049,000 [12] $ 27,500,000    
Maturity                       Aug. 11, 2014 [17],[5]   Aug. 11, 2014 [17]   Aug. 11, 2014 [6]   Oct. 31, 2014 [16]   Mar. 02, 2015 [7] Apr. 14, 2015 [7] May 01, 2015 [8]   Sep. 19, 2015   May 11, 2016   May 11, 2016 [9]   May 11, 2016   Oct. 09, 2016 [10]     Jan. 15, 2017 [11]   Mar. 30, 2017 Sep. 01, 2018   Nov. 01, 2018   Feb. 01, 2019   Feb. 01, 2019 [12]   Apr. 10, 2019    
Loss from early extinguishment of debt 703,000                                                                                              
Number of properties used to collateralized mortgage                       4                                             7                 3        
Percentage of interest in venture      [18]                                                           50.00%   50.00%                            
Maximum borrowing capacity                                                                   $ 48,000,000                            
LIBOR measurement period                                                                 1 month 1 month                            
Number of extension options                                                               3                                
Loan extension period                                                               1 year                                
Deferred financing costs amortization interest rate                                                               1.523%                           0.122%    
Percentage of interest in developable land                                                                                             100.00% 100.00%
[1] On April 1, 2014, the Company repaid the mortgage loan at par, using available cash.
[2] On May 1, 2014, the Company repaid the mortgage loan at par, using available cash.
[3] On May 12, 2014, the Company repaid the mortgage loan at par, using borrowings on the Company’s unsecured revolving credit facility.
[4] On April 30, 2014, the Company repaid the mortgage loan at par, using available cash.
[5] Mortgage is cross collateralized by the four properties.
[6] The Company is negotiating a deed-in-lieu of foreclosure in satisfaction of this mortgage loan.
[7] On August 15, 2014, the Company assumed these loans as a result of its acquisition of interests which increased its ownership to 100 percent in certain previously unconsolidated joint ventures which owned developable land.
[8] The mortgage loan originally matured on May 1, 2013. The maturity date was extended until May 1, 2015 with the same interest rate. Excess cash flow, as defined, is being held by the lender for re-leasing costs. The deed for the property was placed in escrow and is available to the lender in the event of default or non-payment at maturity.
[9] The cash flow from this property is insufficient to cover operating costs and debt service. Consequently, the Company notified the lender and suspended debt service payments in August 2013. The Company has begun discussions with the lender regarding a deed-in-lieu of foreclosure and began remitting available cash flow to the lender effective August 2013.
[10] The Company, owns a 50 percent tenants-in-common interest in the Curtis Center Property. The Company’s $64.0 million loan consists of its 50 percent interest in a $102 million senior loan with a current rate of 3.45 percent at September 30, 2014 and its 50 percent interest in a $26 million mezzanine loan (with a maximum borrowing capacity of $48 million) with a current rate of 9.65 percent at September 30, 2014. The senior loan rate is based on a floating rate of one-month LIBOR plus 329 basis points and the mezzanine loan rate is based on a floating rate of one-month LIBOR plus 950 basis points. Both loans have LIBOR caps for the period. The loans provide for three one-year extension options. As the Curtis Center Property loans closed on September 30, 2014 with the loan proceeds received on October 1, 2014, the Company recorded the loan and a receivable on September 30, 2014. See Note 5: Deferred Charges, Goodwill and Other Assets.
[11] Mortgage is cross collateralized by seven properties. The Operating Partnership has agreed, subject to certain conditions, to guarantee repayment of a portion of the loan.
[12] Mortgage is collateralized by the three properties comprising One River Center.
[13] Reflects effective rate of debt, including deferred financing costs, comprised of the cost of terminated treasury lock agreements (if any), debt initiation costs, mark-to-market adjustment of acquired debt and other transaction costs, as applicable.
[14] Amortization of deferred financing costs adds 1.523 percent to the variable interest rate stated above.
[15] Amortization of deferred financing costs adds 0.122 percent to the variable interest rate stated above.
[16] The Company is pursuing permanent financing at the maturity of the construction financing in October 2014.
[17] The Company has begun discussions with the lender regarding the past due maturity of the loans.
[18] Company's effective ownership % represents the Company's entitlement to residual distributions after payments of priority returns, where applicable.