XML 50 R35.htm IDEA: XBRL DOCUMENT v3.6.0.2
Related Party Transactions (Details)
1 Months Ended 12 Months Ended
Dec. 22, 2014
USD ($)
Dec. 21, 2014
USD ($)
Dec. 31, 2016
USD ($)
ft²
$ / ft²
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Mar. 31, 2016
USD ($)
Other Agreements            
Property rentals     $ 151,444,000 $ 138,688,000 $ 136,628,000  
Rego Park II | Retail space | Toys R Us/ Babies R Us            
Other Agreements            
Area of property (in square feet) | ft²     47,000      
Property rentals     $ 2,675,000      
Vornado            
Related Party Transaction            
Noncontrolling Interest, Ownership Percentage by Parent     32.40%      
Management and Development Agreements            
Management Fee Agreement Value (in US dollars)     $ 2,800,000      
Vornado | Toys R Us/ Babies R Us            
Other Agreements            
Related Party's Ownership Interest In Tenants     32.50%      
Vornado | Development fees            
Management and Development Agreements            
Development fee as percentage of development costs     6.00%      
Other Agreements            
Fees paid (in US dollars)     $ 54,000 5,795,000    
Vornado | Development fees | Alexander apartment tower            
Other Agreements            
Fees paid (in US dollars)           $ 5,784,000
Vornado | Leasing Fees            
Leasing Agreements            
Lease Fee Percentage Of Rent One To Ten Years     3.00%      
Lease Fee Percentage Of Rent Eleven To Twenty Years     2.00%      
Lease Fee Percentage Of Rent Twenty First To Thirty Years     1.00%      
Percentage Increase Lease Fee If Broker Used     1.00%      
Asset Sale Commission Threshold (in US dollars)     $ 50,000,000      
Percentage Commissions On Sale Of Assets Under Fifty Million     3.00%      
Percentage Commissions On Sale Of Assets Over Fifty Million     1.00%      
Leasing services fee and commission on asset sale, annual installment, maximum. (in US dollars)   $ 4,000,000        
Repayment of leasing costs (in US Dollars) $ 40,353,000          
Other Agreements            
Fees paid (in US dollars)     $ 415,000 2,473,000    
Vornado | Leasing Fees | LIBOR            
Leasing Agreements            
Debt Instrument, Description of Variable Rate Basis   one-year LIBOR        
Basis spread over LIBOR   1.00%        
Vornado | Property Management Fees | 731 Lexington Avenue | Office And Retail Space            
Management and Development Agreements            
Property Management Fee Agreement Price Per Square Foot | $ / ft²     0.5      
Vornado | Property Management Fees | 731 Lexington Avenue | Common Area            
Management and Development Agreements            
Property Management Fee Agreement Value (in US dollars)     $ 297,000      
Property Management Fee Escalation Percentage Per Annum     3.00%      
Vornado | Property Management Fees | Rego Park II | Retail space            
Management and Development Agreements            
Property Management Fee Agreement Percentage Of Income     2.00%      
Vornado | Management, property management, cleaning and security fees            
Other Agreements            
Fees paid (in US dollars)     $ 428,000 $ 283,000    
Mr. Roth, Interstate, David Mandelbaum, and Russell B. Wight, Jr.            
Related Party Transaction            
Ownership Interest in the Company     26.30%      
IP & Partners Through Vornado            
Related Party Transaction            
Ownership Interest in the Company     2.20%