Quarterly report pursuant to Section 13 or 15(d)

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

v3.3.0.814
Segment Reporting (Selected Results Of Operations And Asset Information) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2014
Segment Reporting Information [Line Items]          
Total revenues $ 146,158 $ 155,489 $ 448,440 $ 485,385  
Total operating and interest expenses [1] 101,877 110,417 320,061 364,690  
Equity in earnings (loss) of unconsolidated joint ventures 3,135 (1,268) (2,723) (2,060)  
Net operating income (loss) [2] 47,416 43,804 125,656 118,635  
Total assets 4,001,902   4,001,902   $ 4,192,247
Total long-lived assets [3] 3,424,525   3,424,525   3,670,704
Investments in unconsolidated joint ventures 299,486   299,486   247,468
Corporate & Other, Including Eliminations [Member]          
Segment Reporting Information [Line Items]          
Total revenues [4] (1,125) (1,181) (3,139) (3,102)  
Total operating and interest expenses [1],[4] 28,236 28,102 79,804 97,053  
Net operating income (loss) [2],[4] (29,361) (29,283) (82,943) (100,155)  
Total assets [4] 47,175   47,175   45,705
Total long-lived assets [3],[4] (1,865)   (1,865)   (622)
Real Estate - Commercial And Other [Member]          
Segment Reporting Information [Line Items]          
Total revenues 131,910 141,659 406,128 446,036  
Total operating and interest expenses [1] 59,810 68,537 199,178 228,571  
Equity in earnings (loss) of unconsolidated joint ventures 5,181 328 4,611 3,145  
Net operating income (loss) [2] 77,281 73,450 211,561 220,610  
Total assets 3,197,838   3,197,838   3,473,176
Total long-lived assets [3] 2,914,461   2,914,461   3,181,225
Investments in unconsolidated joint ventures 76,715   76,715   81,649
Real Estate - Multi Family [Member]          
Segment Reporting Information [Line Items]          
Total revenues 6,964 6,711 20,541 19,801  
Total operating and interest expenses [1] 4,233 3,529 12,775 10,276  
Equity in earnings (loss) of unconsolidated joint ventures (2,793) (2,088) (8,290) (6,566)  
Net operating income (loss) [2] (62) 1,094 (524) 2,959  
Total assets 747,039   747,039   662,208
Total long-lived assets [3] 508,212   508,212   486,243
Investments in unconsolidated joint ventures 221,717   221,717   164,912
Multi Family Services [Member]          
Segment Reporting Information [Line Items]          
Total revenues 8,409 [5] 8,300 [6] 24,910 [7] 22,650 [8]  
Total operating and interest expenses [1] 9,598 10,249 28,304 28,790  
Equity in earnings (loss) of unconsolidated joint ventures 747 492 956 1,361  
Net operating income (loss) [2] (442) (1,457) (2,438) (4,779)  
Total assets 9,850   9,850   11,158
Total long-lived assets [3] 3,717   3,717   3,858
Investments in unconsolidated joint ventures 1,054   1,054   $ 907
Fee revenue $ 1,621 $ 1,199 $ 4,452 $ 2,962  
[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. The Company recorded an impairment charge of $164.2 million on assets included in the commercial and other real estate business segment for the three and nine months ended September 30, 2015. See Note 3: Recent Transactions - Impairments on Properties Held and Used.
[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 $1,621 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[6] Includes $1,199 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[7] Includes $4,452 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[8] Includes $2,962 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.