XML 49 R38.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Mortgage Notes Payable, Net - Schedule of Mortgage Notes Payable, Net (Details)
$ in Thousands
Aug. 01, 2024
USD ($)
Apr. 29, 2024
Jun. 30, 2024
USD ($)
property
Mar. 31, 2024
Dec. 31, 2023
USD ($)
Debt Instrument [Line Items]          
Mortgage notes payable, gross     $ 399,500    
Mortgage notes payable, net     $ 396,465   $ 395,702
Mortgages Note Payable          
Debt Instrument [Line Items]          
Encumbered Properties | property     7    
Mortgage notes payable, gross     $ 399,500   399,500
Less: deferred financing costs, net     (3,035)   (3,798)
Mortgage notes payable, net     $ 396,465   395,702
Effective Interest Rate     4.90%    
Mortgage note payable — 123 William Street | Mortgages Note Payable          
Debt Instrument [Line Items]          
Encumbered Properties | property     1    
Mortgage notes payable, gross     $ 140,000   140,000
Effective Interest Rate     4.74%    
Mortgage note payable — 9 Times Square | Subsequent Event          
Debt Instrument [Line Items]          
Real estate, property, contracted sale price $ 63,500        
Mortgage note payable — 9 Times Square | Mortgages Note Payable          
Debt Instrument [Line Items]          
Encumbered Properties | property     1    
Mortgage notes payable, gross     $ 49,500   49,500
Effective Interest Rate     8.06% 3.73%  
Variable rate   2.60%      
1140 Avenue of the Americas | Mortgages Note Payable          
Debt Instrument [Line Items]          
Encumbered Properties | property     1    
Mortgage notes payable, gross     $ 99,000   99,000
Effective Interest Rate     4.18%    
Mortgage note payable — 400 E. 67th Street - Laurel Condominium / 200 Riverside Boulevard - ICON Garage | Mortgages Note Payable          
Debt Instrument [Line Items]          
Encumbered Properties | property     2    
Mortgage notes payable, gross     $ 50,000   50,000
Effective Interest Rate     4.59%    
Mortgage note payable — 8713 Fifth Avenue | Mortgages Note Payable          
Debt Instrument [Line Items]          
Encumbered Properties | property     1    
Mortgage notes payable, gross     $ 10,000   10,000
Effective Interest Rate     5.05%    
Mortgage note payable — 196 Orchard Street | Mortgages Note Payable          
Debt Instrument [Line Items]          
Encumbered Properties | property     1    
Mortgage notes payable, gross     $ 51,000   $ 51,000
Effective Interest Rate     3.91%