Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Summary of Outstanding Debt

The following table summarizes our consolidated outstanding debt.

			Interest Rate
	Maturity	Fixed/	as of			As of
(Amounts in thousands)	Date	Variable Rate	March 31, 2021			March 31, 2021			December 31, 2020
Notes and mortgages payable:
1633 Broadway (1)	Dec-2029	Fixed		2.99	%	$	1,250,000		$	1,250,000
One Market Plaza (1)	Feb-2024	Fixed		4.03	%		975,000			975,000
1301 Avenue of the Americas (2)
	Nov-2021	Fixed		3.05	%		500,000			500,000
	Nov-2021	L + 180 bps		1.93	%		350,000			350,000
				2.59	%		850,000			850,000
31 West 52nd Street	June-2026	Fixed		3.80	%		500,000			500,000
300 Mission Street (1)	Oct-2023	Fixed		3.65	%		256,864			244,434
Total notes and mortgages payable				3.32	%		3,831,864			3,819,434
Less: unamortized deferred financing costs							(16,902	)		(18,695	)
Total notes and mortgages payable, net						$	3,814,962		$	3,800,739
$1.0 Billion Revolving Credit      Facility	Jan-2022 (3)	L + 115 bps	n/a			$	-		$	-

⁽¹⁾ Our ownership interests in 1633 Broadway, One Market Plaza and 300 Mission Street are 90.0%, 49.0% and 31.1%, respectively.

⁽²⁾ We are currently exploring various alternatives to refinance this debt.

⁽³⁾ The $1.0 billion revolving credit facility matures on January 10, 2022 and has two six-month extension options.