Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Selected Results Of Operations And Asset Information) (Details)

v2.4.0.8
Segment Reporting (Selected Results Of Operations And Asset Information) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Segment Reporting Information [Line Items]          
Total revenues $ 155,489 $ 162,505 $ 485,385 $ 501,764  
Total operating and interest expenses 110,417 [1] 113,528 [1] 364,690 [1] 345,389 [1]  
Equity in earnings (loss) of unconsolidated joint ventures (1,268) (229) (2,060) (2,059)  
Net operating income (loss) 43,804 [2] 48,748 [2] 118,635 [2] 154,316 [2]  
Total assets 4,357,197   4,357,197   4,515,328
Total long-lived assets 3,657,039 [3]   3,657,039 [3]   3,868,193 [3]
Investments in unconsolidated joint ventures 239,767   239,767   181,129
Real Estate - Commercial And Other [Member]
         
Segment Reporting Information [Line Items]          
Total revenues 142,486 155,129 447,779 469,026  
Total operating and interest expenses 69,315 [1] 71,356 [1] 226,798 [1] 207,637 [1]  
Equity in earnings (loss) of unconsolidated joint ventures 328 1,919 3,145 5,149  
Net operating income (loss) 73,499 [2] 85,692 [2] 224,126 [2] 266,538 [2]  
Total assets 3,861,779   3,861,779   3,886,574
Total long-lived assets 3,333,851 [3]   3,333,851 [3]   3,620,494 [3]
Investments in unconsolidated joint ventures 82,012   82,012   53,160
Real Estate - Multi Family [Member]
         
Segment Reporting Information [Line Items]          
Total revenues 6,459 3,736 18,593 8,673  
Total operating and interest expenses 3,271 [1] 1,960 [1] 8,976 [1] 4,066 [1]  
Equity in earnings (loss) of unconsolidated joint ventures (2,088) (2,830) (6,566) (7,890)  
Net operating income (loss) 1,100 [2] (1,054) [2] 3,051 [2] (3,283) [2]  
Total assets 460,998   460,998   377,237
Total long-lived assets 315,841 [3]   315,841 [3]   240,501 [3]
Investments in unconsolidated joint ventures 157,215   157,215   127,276
Multi Family Services [Member]
         
Segment Reporting Information [Line Items]          
Total revenues 8,300 [4] 6,867 [5] 22,650 [6] 18,745 [7]  
Total operating and interest expenses 10,249 [1] 8,214 [1] 28,790 [1] 23,345 [1]  
Equity in earnings (loss) of unconsolidated joint ventures 492 682 1,361 682  
Net operating income (loss) (1,457) [2] (665) [2] (4,779) [2] (3,918) [2]  
Total assets 10,648   10,648   10,488
Total long-lived assets 3,909 [3]   3,909 [3]   3,468 [3]
Investments in unconsolidated joint ventures 540   540   693
Fee revenue 1,199 665 2,962 1,432  
Corporate & Other [Member]
         
Segment Reporting Information [Line Items]          
Total revenues (1,756) [8] (3,227) [8] (3,637) [8] 5,320 [8]  
Total operating and interest expenses 27,582 [1],[8] 31,998 [1],[8] 100,126 [1],[8] 110,341 [1],[8]  
Net operating income (loss) (29,338) [2],[8] (35,225) [2],[8] (103,763) [2],[8] (105,021) [2],[8]  
Total assets 23,772 [8]   23,772 [8]   241,029 [8]
Total long-lived assets $ 3,438 [3],[8]   $ 3,438 [3],[8]   $ 3,730 [3],[8]
[1] Total operating and interest expenses represent the sum of: real estate taxes; utilities; operating services; direct construction costs; real estate services expenses; general and administrative and interest expense (net of interest income). All interest expense, net of interest income, (including for property-level mortgages) is excluded from segment amounts and classified in Corporate & Other for all periods.
[2] Net operating income represents total revenues less total operating and interest expenses (as defined in Note “a”), plus equity in earnings (loss) of unconsolidated joint ventures, for the period.
[3] Long-lived assets are comprised of net investment in rental property, unbilled rents receivable and goodwill.
[4] Includes $1,199 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[5] Includes $665 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[6] Includes $2,962 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[7] Includes $1,432 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[8] Corporate & Other represents all corporate-level items (including interest and other investment income, interest expense, non-property general and administrative expense, construction services revenue and direct construction costs) as well as intercompany eliminations necessary to reconcile to consolidated Company totals.