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Debt (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt Debt consisted of the following as of December 31, 2020 and 2019 (amounts in thousands):
As of December 31, 2020
Principal Balance as
of December 31, 2020		Principal Balance as
of December 31, 2019		Stated
Rate
Effective
Rate(1)
Maturity
Date(2)
Fixed rate mortgage debt
Metro Center$87,382 $89,650 3.59 %3.68 %11/5/2024
10 Union Square50,000 50,000 3.70 %3.97 %4/1/2026
1542 Third Avenue30,000 30,000 4.29 %4.53 %5/1/2027
First Stamford Place(3)
180,000 180,000 4.28 %4.78 %7/1/2027
1010 Third Avenue and 77 West 55th Street37,477 38,251 4.01 %4.23 %1/5/2028
250 West 57th Street180,000 — 2.83 %3.27 %12/1/2030
10 Bank Street32,025 32,920 4.23 %4.36 %6/1/2032
383 Main Avenue30,000 30,000 4.44 %4.55 %6/30/2032
1333 Broadway160,000 160,000 4.21 %4.29 %2/5/2033
Total mortgage debt786,884 610,821 
Senior unsecured notes: (4)
   Series A100,000 100,000 3.93 %3.96 %3/27/2025
   Series B125,000 125,000 4.09 %4.12 %3/27/2027
   Series C125,000 125,000 4.18 %4.21 %3/27/2030
   Series D115,000 115,000 4.08 %4.11 %1/22/2028
   Series E 160,000 160,000 4.26 %4.27 %3/22/2030
   Series F175,000 175,000 4.44 %4.45 %3/22/2033
   Series G100,000 — 3.61 %4.89 %3/17/2032
   Series H75,000 — 3.73 %5.00 %3/17/2035
Unsecured revolving credit facility (4)
— — 
LIBOR plus 1.10%
— %8/29/2021
Unsecured term loan facility (4)
215,000 265,000 
LIBOR plus 1.20%
3.84 %3/19/2025
Unsecured term loan facility (4)
175,000 — 
LIBOR plus 1.50%
3.04 %12/31/2026
Total principal2,151,884 1,675,821 
Deferred financing costs, net(15,235)(7,247)
Total$2,136,649 $1,668,574 
______________

(1)The effective rate is the yield as of December 31, 2020, including the effects of debt issuance costs and interest rate swaps.
(2)Pre-payment is generally allowed for each loan upon payment of a customary pre-payment penalty.
(3)Represents a $164 million mortgage loan bearing interest of 4.09% and a $16 million loan bearing interest at 6.25%.
(4)At December 31, 2020, we were in compliance with all debt covenants.
Schedule of Maturities of Long-term Debt Aggregate required principal payments at December 31, 2020 are as follows (amounts in thousands):  
YearAmortizationMaturitiesTotal
2021$4,090 $— $4,090 
20225,628 — 5,628 
20237,876 — 7,876 
20247,958 77,675 85,633 
20255,826 315,000 320,826 
Thereafter20,084 1,707,747 1,727,831 
Total principal maturities$51,462 $2,100,422 $2,151,884 
Schedule of Deferred Costs, Net Deferred costs, net, consisted of the following at December 31, 2020 and 2019 (amounts in thousands):      
20202019
Leasing costs$203,905 $199,033 
Acquired in-place lease value and deferred leasing costs181,336 200,296 
Acquired above-market leases40,398 49,213 
425,639 448,542 
Less: accumulated amortization(223,918)(224,598)
Total deferred costs, net, excluding net deferred financing costs$201,721 $223,944 
Deferred financing costs, net, consisted of the following at December 31, 2020 and 2019 (amounts in thousands):     
20202019
Financing costs$35,365 $25,315 
Less: accumulated amortization(17,998)(13,863)
Total deferred financing costs, net$17,367 $11,452