Annual report pursuant to Section 13 and 15(d)

Deferred Charges, Goodwill And Other Assets, Net (Schedule Of Deferred Charges, Goodwill And Other Assets) (Details)

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Deferred Charges, Goodwill And Other Assets, Net (Schedule Of Deferred Charges, Goodwill And Other Assets) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Deferred Charges, Goodwill And Other Assets [Line Items]      
Deferred leasing costs $ 220,947 $ 239,690  
Deferred financing costs - unsecured revolving credit facility [1] 5,400 5,394  
Deferred charges, gross 226,347 245,084  
Accumulated amortization (107,359) (118,014)  
Deferred charges, net 118,988 127,070  
Notes receivable [2] 13,251 13,496  
In-place lease values, related intangibles and other assets, net [3],[4] 72,046 10,931  
Goodwill [5] 2,945 2,945  
Prepaid expenses and other assets, net [6] 60,720 49,408  
Total deferred charges, goodwill and other assets, net 267,950 203,850  
Lease revenue 506,877 487,041 $ 516,727
Acquired Above And Below Market Lease Intangibles [Member]      
Deferred Charges, Goodwill And Other Assets [Line Items]      
Lease revenue 1,900 $ 200 $ 700
Acquisition-related Costs [Member]      
Deferred Charges, Goodwill And Other Assets [Line Items]      
Net sales proceeds held by qualified intermediary 10,500    
Mortgage Receivable [Member]      
Deferred Charges, Goodwill And Other Assets [Line Items]      
Notes receivable $ 10,400    
Spread over LIBOR 6.00%    
LIBOR Libor+6    
Interest-Free Notes Receivable [Member]      
Deferred Charges, Goodwill And Other Assets [Line Items]      
Notes receivable $ 2,800    
Mortgage loan, maturity date Apr. 01, 2023    
[1] Pursuant to recently issued accounting standards, deferred financing costs related to all other debt liabilities (other than for the unsecured revolving credit facility) are netted against those debt liabilities for all periods presented. See Note 2: Significant Accounting Policies - Deferred Financing Costs.
[2] Includes as of December 31, 2016: a mortgage receivable for $10.4 million which bore interest at LIBOR plus six percent and was repaid in full in January 2017, and an interest-free note receivable with a net present value of $2.8 million which matures in April 2023 and the Company believes is fully collectible.
[3] In accordance with ASC 805, Business Combinations, the Company recognizes rental revenue of acquired above and below market lease intangibles over the terms of the respective leases. The impact of amortizating the acquired above and below-market lease intangibles increased revenue by approximately $1.9 million, $0.2 million and $0.7 million for the years ended December 31, 2016, 2015 and 2014, respectively. The following table summarizes, as of December 31, 2016, the scheduled amortization of the Company's acquired above and below-market lease intangibles for each of the five succeeding years (dollars in thousands).
[4] In accordance with ASC 805, Business Combinations, the value of acquired in-place lease intangibles are amortized to expense over the remaining initial terms of the respective leases. The impact of the amortization of acquired in-place lease values is included in depreciation and amortization expense and amounted to approximately $14.3 million, $1.4 million and $6.9 million for the years ended December 31, 2016, 2015 and 2014, respectively. The following table summarizes, as of December 31, 2014, the scheduled amortization of the Company's acquired in-place lease values for each of the five succeeding years (dollars in thousands).
[5] All goodwill is attributable to the Company's Multi-family Services segment.
[6] Includes as of December 31, 2016, $10.5 million of proceeds from property sales held by a qualified intermediary.