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Mortgages Payable (Tables)
3 Months Ended
Mar. 31, 2016
Mortgages Payable [Abstract]  
Summary of Notes and Mortgages Payable
           Balance at  
      Interest Rate at  March 31, December 31, 
(Amounts in thousands) Maturity(1) March 31, 2016  2016  2015 
First mortgages secured by:            
 Rego Park I shopping center (100% cash            
  collateralized)(2)Mar. 2018 0.35%  $78,246 $78,246 
 ParamusOct. 2018 2.90%   68,000   68,000 
 Rego Park II shopping center(3)Nov. 2018 2.29%   262,505  263,341 
 731 Lexington Avenue, office space(4)Mar. 2021 1.39%   300,000  300,000 
 731 Lexington Avenue, retail space(5)Aug. 2022 1.84%   350,000  350,000 
 Total       1,058,751  1,059,587 
 Deferred debt issuance costs, net of accumulated             
amortization of $4,898 and $4,267 respectively       (5,700)  (6,325) 
          $1,053,051 $1,053,262 
                
                
(1)Represents the extended maturity where we have the unilateral right to extend. 
(2)Extended in March 2016 for two years. 
(3)Interest at LIBOR plus 1.85%. 
(4)Interest at LIBOR plus 0.95%. 
(5)Interest at LIBOR plus 1.40%.