Quarterly report pursuant to Section 13 or 15(d)

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

v3.7.0.1
Segment Reporting (Schedule Of Selected Results Of Operations And Asset Information) (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Segment Reporting Information [Line Items]          
Total revenues $ 162,766 $ 149,227 $ 312,653 $ 302,150  
Total operating and interest expenses [1] 101,877 101,186 199,183 209,479  
Equity in earnings (loss) of unconsolidated joint ventures (3,298) (614) (3,349) (2,168)  
Net operating income (loss) [2] 57,591 47,427 110,121 90,503  
Total assets 5,076,494   5,076,494   $ 4,296,766
Total long-lived assets [3] 4,361,753   4,361,753   3,616,534
Total investments in unconsolidated joint ventures 315,110   315,110   320,047
Corporate & Other [Member]          
Segment Reporting Information [Line Items]          
Total revenues [4] (3,336) (3,181) (6,308) (4,924)  
Total operating and interest expenses [1],[4] 23,137 21,473 42,309 44,521  
Net operating income (loss) [2],[4] (26,473) (24,654) (48,617) (49,445)  
Total assets [4] 16,053   16,053   47,769
Total long-lived assets [3],[4] (7,653)   (7,653)   (5,933)
Real Estate - Commercial And Other [Member]          
Segment Reporting Information [Line Items]          
Total revenues 139,319 133,768 272,531 270,721  
Total operating and interest expenses [1] 60,306 64,368 123,169 133,378  
Equity in earnings (loss) of unconsolidated joint ventures (18) 1,405 394 1,082  
Net operating income (loss) [2] 78,995 70,805 149,756 138,425  
Total assets 3,414,214   3,414,214   3,344,396
Total long-lived assets [3] 3,009,316   3,009,316   2,999,820
Total investments in unconsolidated joint ventures 85,367   85,367   81,549
Real Estate - Multi Family [Member]          
Segment Reporting Information [Line Items]          
Total revenues 17,299 9,219 27,694 18,205  
Total operating and interest expenses [1] 8,256 5,920 14,110 11,335  
Equity in earnings (loss) of unconsolidated joint ventures (3,982) (2,100) (4,768) (3,331)  
Net operating income (loss) [2] 5,061 1,199 8,816 3,539  
Total assets 1,631,796   1,631,796   887,394
Total long-lived assets [3] 1,354,755   1,354,755   618,038
Total investments in unconsolidated joint ventures 227,948   227,948   237,493
Multi Family Services [Member]          
Segment Reporting Information [Line Items]          
Total revenues 9,484 [5] 9,421 [6] 18,736 [5] 18,148 [6]  
Total operating and interest expenses [1] 10,178 [7] 9,425 [8] 19,595 [7] 20,245 [8]  
Equity in earnings (loss) of unconsolidated joint ventures 702 81 1,025 81  
Net operating income (loss) [2] 8 77 166 (2,016)  
Total assets 14,431   14,431   17,207
Total long-lived assets [3] 5,335   5,335   4,609
Total investments in unconsolidated joint ventures 1,795   1,795   $ 1,005
Fee revenue 2,200 3,600      
Salary reimbursements earned     3,900 6,300  
Management fee $ 4,300 $ 1,700      
Salary reimbursement expenses     $ 7,900 $ 3,100  
[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, acquisition related costs 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 $2.2 million and $3.9 million of fees and salary reimbursements earned for the three and six months ended June 30, 2017, from the multi-family real estate segment, which are eliminated in consolidation.
[6] Includes $3.6 million and $6.3 million of fees and salary reimbursements earned for the three and six months ended June 30, 2016, from the multi-family real estate segment, which are eliminated in consolidation.
[7] Includes $4.3 million and $7.9 million of management fees and salary reimbursement expenses for the three and six months ended June 30, 2017, from the multi-family real estate segment, which are eliminated in consolidation.
[8] Includes $1.7 million and $3.1 million of management fees and salary reimbursement expenses for the three and six months ended June 30, 2016, from the multi-family real estate segment, which are eliminated in consolidation.