Annual report pursuant to Section 13 and 15(d)

Investments In Unconsolidated Joint Ventures (Gale Jefferson, L.L.C.) (Details)

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Investments In Unconsolidated Joint Ventures (Gale Jefferson, L.L.C.) (Details) (USD $)
 12 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2011
Gale Jefferson [Member]
Dec. 31, 2010
Gale Jefferson [Member]
Dec. 31, 2009
Gale Jefferson [Member]
Oct. 24, 2011
Gale Jefferson [Member]
Aug. 22, 2007
Gale Jefferson [Member]
sqft
Oct. 24, 2011
One Jefferson [Member]
Dec. 31, 2011
One Jefferson [Member]
Aug. 22, 2007
One Jefferson [Member]
Schedule of Equity Method Investments [Line Items]                  
Percentage of interest in venture                 8.33%
Mortgage loans, carrying amount         $ 21,000,000        
New mortgage loan               20,200,000  
Mortgage loan, maturity date   October 24, 2012              
Mortgage loan, extension period 1                
Area of office property           100,010      
Spread over LIBOR   160         160    
Management leasing and other services fees   154,000 532,000 190,000          
Service costs   $ 0 $ 5,600,000 $ 646,000          
Holding and distribution pattern under operating agreement  

The operating agreement of M-C Jefferson provides, among other things, for the Participation Rights (see Note 16: Noncontrolling Interests in Subsidiaries – Participation Rights).  The operating agreements of Gale Jefferson, L.L.C. ("Gale Jefferson"), which is owned 33.33 percent by M-C Jefferson and 66.67 percent by the Hampshire Generational Fund, L.L.C. ("Hampshire") provides, among other things, for the distribution of net cash flow, first, in accordance with its member's respective interests until each member is provided, as a result of such distributions, with an annual 12 percent compound return on the Member's Capital Contributions, as defined in the operating agreement and secondly, 50 percent to each of the Company and Hampshire.

              
Percentage of annual compound return to the Member's Capital Contributions           12.00%      
Percentage amount distributed to the Company and Hampshire           50.00%