Quarterly report pursuant to Section 13 or 15(d)

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

v3.8.0.1
Segment Reporting (Schedule Of Selected Results Of Operations And Asset Information) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Segment Reporting Information [Line Items]          
Total revenues $ 160,018 $ 157,517 $ 472,671 $ 459,667  
Total operating and interest expenses [1] 103,311 104,440 302,494 313,919  
Equity in earnings (loss) of unconsolidated joint ventures (1,533) 21,790 (4,882) 19,622  
Net operating income (loss) [2] 55,174 74,867 165,295 165,370  
Total assets 4,995,519   4,995,519   $ 4,296,766
Total long-lived assets [3] 4,183,319   4,183,319   3,616,534
Total investments in unconsolidated joint ventures 238,440   238,440   320,047
Real Estate - Commercial And Other [Member]          
Segment Reporting Information [Line Items]          
Total revenues 135,301 141,226 407,833 411,947  
Total operating and interest expenses [1] 61,114 68,533 184,284 201,914  
Equity in earnings (loss) of unconsolidated joint ventures 1,058 22,487 1,452 23,569  
Net operating income (loss) [2] 75,245 95,180 225,001 233,602  
Total assets 3,125,158   3,125,158   3,344,396
Total long-lived assets [3] 2,787,190   2,787,190   2,999,820
Total investments in unconsolidated joint ventures 14,644   14,644   81,549
Real Estate - Multi Family [Member]          
Segment Reporting Information [Line Items]          
Total revenues 18,078 8,806 45,772 27,011  
Total operating and interest expenses [1] 8,277 5,005 22,388 16,337  
Equity in earnings (loss) of unconsolidated joint ventures (3,029) (1,442) (7,797) (4,773)  
Net operating income (loss) [2] 6,772 2,359 15,587 5,901  
Total assets 1,680,525   1,680,525   887,394
Total long-lived assets [3] 1,399,901   1,399,901   618,038
Total investments in unconsolidated joint ventures 222,816   222,816   237,493
Multi Family Services [Member]          
Segment Reporting Information [Line Items]          
Total revenues 9,353 [4] 9,842 [5] 28,088 [4] 27,990 [5]  
Total operating and interest expenses [1] 10,180 [6] 9,633 29,775 [6] 29,879 [7]  
Equity in earnings (loss) of unconsolidated joint ventures 438 745 1,463 826  
Net operating income (loss) [2] (389) 954 (224) (1,063)  
Total assets 14,297   14,297   17,207
Total long-lived assets [3] 5,229   5,229   4,609
Total investments in unconsolidated joint ventures 812   812   1,005
Multi Family Services [Member] | Consolidation, Eliminations [Member]          
Segment Reporting Information [Line Items]          
Fee revenue (4,100) (3,800)      
Salary reimbursements earned     (12,000) (10,100)  
Management fee 2,300 1,800      
Salary reimbursement expenses     6,200 4,900  
Corporate & Other [Member]          
Segment Reporting Information [Line Items]          
Total revenues [8] (2,714) (2,357) (9,022) (7,281)  
Total operating and interest expenses [1],[8] 23,740 21,269 66,047 65,789  
Net operating income (loss) [2],[8] (26,454) $ (23,626) (75,069) $ (73,070)  
Total assets [8] 175,539   175,539   47,769
Total long-lived assets [3],[8] (9,001)   (9,001)   $ (5,933)
Total investments in unconsolidated joint ventures [8] $ 168   $ 168    
[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] Includes $4.1 million and $12.0 million of fees and salary reimbursements earned for the three and nine months ended September 30, 2017, from the multi-family real estate segment, which are eliminated in consolidation.
[5] Includes $3.8 million and $10.1 million of fees and salary reimbursements earned for the three and nine months ended September 30, 2016, from the multi-family real estate segment, which are eliminated in consolidation.
[6] Includes $2.3 million and $6.2 million of management fees and salary reimbursement expenses for the three and nine months ended September 30, 2017, from the multi-family real estate segment, which are eliminated in consolidation.
[7] Includes $1.8 million and $4.9 million of management fees and salary reimbursement expenses for the three and nine months ended September 30, 2016, from the multi-family real estate segment, which are eliminated in consolidation.
[8] 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.