Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.3
MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Mortgages, Loans Payable And Other Obligations (Details) - USD ($)
$ in Thousands
 9 Months Ended
Jun. 11, 2024
Sep. 30, 2024
May 22, 2024
Dec. 31, 2023
Aug. 10, 2023
Debt Instrument [Line Items]          
Principal balance outstanding   $ 1,700,000   $ 1,900,000  
Secured Debt          
Debt Instrument [Line Items]          
Principal balance outstanding   1,335,665   1,868,983  
Unamortized deferred financing costs   (11,329)   (15,086)  
Total mortgages, loans payable and other obligations, net   $ 1,324,336   1,853,897  
Secured Debt | Signature Place (b)          
Debt Instrument [Line Items]          
Effective rate (as a percent)   3.74%      
Principal balance outstanding   $ 0   43,000  
Secured Debt | Liberty Towers          
Debt Instrument [Line Items]          
Effective rate (as a percent)   3.37%      
Principal balance outstanding   $ 0   265,000  
Secured Debt | Portside 2 at East Pier          
Debt Instrument [Line Items]          
Effective rate (as a percent)   4.56%      
Principal balance outstanding   $ 95,827   97,000  
Debt instrument, percent guaranteed 10.00%        
Secured Debt | BLVD 425          
Debt Instrument [Line Items]          
Effective rate (as a percent)   4.17%      
Principal balance outstanding   $ 131,000   131,000  
Secured Debt | BLVD 401          
Debt Instrument [Line Items]          
Effective rate (as a percent)   4.29%      
Principal balance outstanding   $ 116,016   117,000  
Secured Debt | Portside at East Pier          
Debt Instrument [Line Items]          
Principal balance outstanding   $ 56,500   56,500  
Derivative, cap interest rate         3.50%
Secured Debt | Portside at East Pier | SOFR          
Debt Instrument [Line Items]          
Interest rate, variable (as a percent)   2.75%      
Secured Debt | The Upton          
Debt Instrument [Line Items]          
Principal balance outstanding   $ 75,000   75,000  
Secured Debt | The Upton | SOFR          
Debt Instrument [Line Items]          
Interest rate, variable (as a percent)   1.58%      
Secured Debt | 145 Front at City Square          
Debt Instrument [Line Items]          
Principal balance outstanding   $ 0   63,000  
Derivative, cap interest rate     4.00%    
Secured Debt | 145 Front at City Square | SOFR          
Debt Instrument [Line Items]          
Interest rate, variable (as a percent)   1.84%      
Secured Debt | RiverHouse 9 At Port Imperial          
Debt Instrument [Line Items]          
Principal balance outstanding   $ 110,000   110,000  
Secured Debt | RiverHouse 9 At Port Imperial | SOFR          
Debt Instrument [Line Items]          
Interest rate, variable (as a percent)   1.41%      
Secured Debt | Quarry Place at Tuckahoe          
Debt Instrument [Line Items]          
Effective rate (as a percent)   4.48%      
Principal balance outstanding   $ 41,000   41,000  
Secured Debt | BLVD 475          
Debt Instrument [Line Items]          
Effective rate (as a percent)   2.91%      
Principal balance outstanding   $ 165,000   165,000  
Secured Debt | Haus25          
Debt Instrument [Line Items]          
Effective rate (as a percent)   6.04%      
Principal balance outstanding   $ 343,061   343,061  
Secured Debt | RiverHouse 11 at Port Imperial          
Debt Instrument [Line Items]          
Effective rate (as a percent)   4.52%      
Principal balance outstanding   $ 100,000   100,000  
Secured Debt | Soho Lofts          
Debt Instrument [Line Items]          
Effective rate (as a percent)   3.77%      
Principal balance outstanding   $ 0   158,777  
Secured Debt | Port Imperial South 4/5 Garage          
Debt Instrument [Line Items]          
Effective rate (as a percent)   4.85%      
Principal balance outstanding   $ 31,237   31,645  
Secured Debt | The Emery at Overlook Ridge          
Debt Instrument [Line Items]          
Effective rate (as a percent)   3.21%      
Principal balance outstanding   $ 71,024   $ 72,000  
Secured Debt | The Emery at Overlook Ridge | Prime Rate | Floating Rate          
Debt Instrument [Line Items]          
Interest rate, variable (as a percent)   2.75%      
Secured Debt | The Emery at Overlook Ridge | Prime Rate | Fixed Rate          
Debt Instrument [Line Items]          
Interest rate, variable (as a percent)   3.00%      
Secured Debt | Upton          
Debt Instrument [Line Items]          
Derivative, cap interest rate   1.00%      
Secured Debt | Riverhouse9 At Port Imperial          
Debt Instrument [Line Items]          
Derivative, cap interest rate   3.50%