Rendering

Component: (Network and Table)
Network
030600 - Disclosure - Mortgages Payable (Tables)
(http://www.alx-inc.com/role/DisclosureMortgagesPayableTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Mortgages Payable [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Mortgages Payable [Abstract]
 
Summary of Notes and Mortgages Payable
Interest Rate atBalance at December 31,
(Amounts in thousands)Maturity(1)December 31, 20162016 2015
First mortgages secured by:
Rego Park I shopping center (100% cash Mar. 20180.35%$78,246$78,246
collateralized)(2)
ParamusOct. 20182.90%68,00068,000
Rego Park II shopping center(3)Nov. 20182.62%259,901263,341
731 Lexington Avenue, office space(4)Mar. 20211.65%300,000300,000
731 Lexington Avenue, retail space(5)Aug. 20222.05%350,000350,000
Total1,056,1471,059,587
Deferred debt issuance costs, net of accumulated
amortization of $6,824 and $4,267, respectively(3,788)(6,325)
$1,052,359$1,053,262
(1)Represents the extended maturity where we have the unilateral right to extend.
(2)Extended for two years from March 2016.
(3)This loan bears interest at LIBOR plus 1.85%.
(4)This loan bears interest at LIBOR plus 0.95%.
(5)This loan bears interest at LIBOR plus 1.40%.
 
 
Schedule of Maturities of Long-term Debt
(Amounts in thousands)
Year Ending December 31, Amount
2017$3,707
2018402,440
2019-
2020-
2021300,000
Thereafter350,000