Quarterly report pursuant to Section 13 or 15(d)

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

v3.2.0.727
Segment Reporting (Selected Results Of Operations And Asset Information) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Segment Reporting Information [Line Items]          
Total revenues $ 148,567 $ 160,300 $ 302,282 $ 329,896  
Total operating and interest expenses [1] 105,331 113,269 218,184 254,273  
Equity in earnings (loss) of unconsolidated joint ventures (2,329) 443 (5,858) (792)  
Net operating income (loss) [2] 40,907 47,474 78,240 74,831  
Total assets 4,153,465   4,153,465   $ 4,192,247
Total long-lived assets [3] 3,600,128   3,600,128   3,670,704
Investments in unconsolidated joint ventures 284,507   284,507   247,468
Corporate & Other, Including Eliminations [Member]          
Segment Reporting Information [Line Items]          
Total revenues [4] (1,157) (4,309) (2,015) (8,037)  
Total operating and interest expenses [1],[4] 27,250 29,578 54,929 70,791  
Net operating income (loss) [2],[4] (28,407) (33,887) (56,944) (78,828)  
Total assets [4] 40,243   40,243   52,601
Total long-lived assets [3],[4] (1,270)   (1,270)   3,482
Real Estate - Commercial And Other [Member]          
Segment Reporting Information [Line Items]          
Total revenues 134,613 150,877 274,217 311,450  
Total operating and interest expenses [1] 64,158 72,303 136,008 159,236  
Equity in earnings (loss) of unconsolidated joint ventures 798 1,829 (570) 2,817  
Net operating income (loss) [2] 71,253 80,403 137,639 155,031  
Total assets 3,384,979   3,384,979   3,636,126
Total long-lived assets [3] 3,100,539   3,100,539   3,344,840
Investments in unconsolidated joint ventures 77,841   77,841   81,649
Real Estate - Multi Family [Member]          
Segment Reporting Information [Line Items]          
Total revenues 6,842 6,329 13,579 12,132  
Total operating and interest expenses [1] 4,872 3,006 8,541 5,705  
Equity in earnings (loss) of unconsolidated joint ventures (3,336) (2,255) (5,497) (4,478)  
Net operating income (loss) [2] (1,366) 1,068 (459) 1,949  
Total assets 718,470   718,470   492,362
Total long-lived assets [3] 497,095   497,095   318,524
Investments in unconsolidated joint ventures 206,256   206,256   164,912
Fee revenue     2,831    
Multi Family Services [Member]          
Segment Reporting Information [Line Items]          
Total revenues 8,269 [5] 7,403 [6],[7] 16,501 [8] 14,351 [9]  
Total operating and interest expenses [1] 9,051 8,382 18,706 18,541  
Equity in earnings (loss) of unconsolidated joint ventures 209 869 209 869  
Net operating income (loss) [2] (573) (110) (1,996) (3,321)  
Total assets 9,773   9,773   11,158
Total long-lived assets [3] 3,764   3,764   3,858
Investments in unconsolidated joint ventures 410   $ 410   $ 907
Fee revenue $ 1,556 $ 935   $ 1,800  
[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 and other investment 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] 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.
[5] Includes $1,556 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[6] (a) 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 and other investment income, (including for property-level mortgages) is excluded from segment amounts and classified in Corporate & Other for all periods.(b) 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.(c) Long-lived assets are comprised of net investment in rental property, unbilled rents receivable and goodwill. (d) 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.(e) Includes $1,556 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.(f) Includes $935 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation. (g) Includes $2,831 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.(h) Includes $1,800 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.Note 14
[7] Includes $935 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[8] Includes $2,831 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[9] Includes $1,800 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.