XML 114 R35.htm IDEA: XBRL DOCUMENT

Property Acquisitions (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the properties acquired during the three months ended March 31, 2020:



Property	Acquisition Date	Property Type	Approximate Square Feet	Gross Asset Valuation (in millions)
762 Madison Avenue ⁽¹⁾	January 2020	Fee Interest	6,109	$	29.3
707 Eleventh Avenue	January 2020	Fee Interest	159,720	90.0
126-132 Nassau Street ⁽²⁾	January 2020	Leasehold Interest	98,412	—


(1)	In January 2020, the Company acquired from our joint venture partner the remaining 10% interest in this property that the Company did not already own.

(2)

In January 2020, the Company entered into a 99-year ground lease of 126-132 Nassau Street. This lease is classified as a financing lease in our consolidated balance sheets.