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Mortgages Payable (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Summary of Outstanding Mortgages Payable
The following is a summary of our outstanding mortgages payable as of September 30, 2020 and December 31, 2019. We may refinance our maturing debt as it comes due or choose to pay it down.
   Balance at
(Amounts in thousands)MaturityInterest Rate at September 30, 2020September 30, 2020December 31, 2019
First mortgages secured by:
Paramus
Oct. 04, 20214.72%$68,000 $68,000 
731 Lexington Avenue, office condominium(1)
Jun. 11, 20241.05%500,000 500,000 
731 Lexington Avenue, retail condominium(2)
Aug. 05, 20251.56%300,000 350,000 
Rego Park II shopping center(3)
Dec. 12, 20251.50%202,544 56,836 
Total
1,070,544 974,836 
Deferred debt issuance costs, net of accumulated amortization of $12,701 and $14,362, respectively
(4,141)(3,875)
$1,066,403 $970,961 
(1)Interest at LIBOR plus 0.90%. Maturity represents the extended maturity based on our unilateral right to extend.
(2)Interest at LIBOR plus 1.40%.
(3)Interest at LIBOR plus 1.35%. The amount of this loan is net of our loan participation of $50,000 and $195,708 as of September 30, 2020 and December 31, 2019, respectively.