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Investment in 111 West 57th Partners LLC (Details)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Mar. 31, 2014
Jun. 30, 2015
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
May 31, 2016
USD ($)
Jun. 28, 2013
USD ($)
ft²
Schedule of Equity Method Investments [Line Items]                    
Impairment on the Company's equity method investments $ 63,745 $ 0     $ 63,745 $ 0        
Company's aggregate initial investment                   $ 57,250
Company's aggregate initial membership interest %                   60.30%
Other members and Sponsor initial investment                   $ 37,750
Approximate gross square feet of project | ft²                   346,000
Annaly CRE LLC initial mortgage and acquisition loan repaid       $ 230,000            
Description of partnership agreement distribution         The JV Agreement and related operating agreements generally provide that all distributable cash shall be distributed as follows: (i) first, 100% to the members in proportion to their percentage interests until Investment LLC has received distributions yielding a 20% internal rate of return as calculated; (ii) second, 100% to the Sponsor as a return of (but not a return on) any additional capital contributions made by the Sponsor on account of manager overruns; and (iii) thereafter, (a) 50% to the members in proportion to their respective percentage interests at the time of such distribution, and (b) 50% to the Sponsor.          
Subordinated participation interest to CEO     10.00%              
Percentage of distribution on company's initial investment to be received prior to CEO receiving percentage distribution     150.00%              
Valuation of shortfall capital contribution as multiple of amount actually contributed         1.5          
Sponsor calculation of investment LLC aggregate investment percentage after dilution         48.00%          
Term of loan         4 years          
Extension option of loan         1 year          
Assets [Abstract]                    
Real estate held for development, net               $ 563,133    
Escrow deposits               9,000    
Other assets               6,908    
Total assets               579,041    
Liabilities [Abstract]                    
Loans payable               441,749    
Other liabilities               16,788    
Total liabilities               458,537    
Equity [Abstract]                    
Total members' equity               120,504    
Total liabilities and members' equity               $ 579,041    
Income (Loss) [Abstract]                    
Rental income   0       0        
Expenses   81       910        
Net income (loss)   $ (81)       $ (910)        
Minimum [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Additional borrowing required to complete project 60,000       $ 60,000          
Maximum [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Additional borrowing required to complete project $ 100,000       $ 100,000          
Capital LLC [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Percentage of outstanding shares to be owned by CEO         20.00%          
Line of Credit [Member] | R. A. Bianco [Member]                    
Subsequent Event [Line Items]                    
Maximum borrowing capacity             $ 10,000   $ 1,000  
Investment LLC [Member] | Capital LLC [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Terms of distributions to Capital LLC         available cash of Investment LLC will be distributed first to Capital LLC until it has received a 20% internal rate of return (calculated as provided for in the JV Agreement as noted above), second to the Company until it has received 150% of its capital, and; thereafter, available cash is split 10/90 with 10% going to Mr. R.A. Bianco as the subordinated participation interest noted above and 90% going to Capital LLC and the Company pari-passu, with Capital LLC receiving one-half of its pro-rata share based on capital contributed and the Company receiving the balance.          
AIG [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Financing obtained by 111 W 57th Partners       400,000            
Apollo [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Financing obtained by 111 W 57th Partners       $ 325,000            
Junior Mezzanine Loan [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Junior mezzanine loan sold by lender to an affiliate of Spruce Capital Partners LLC         $ 25,000