Quarterly report pursuant to Section 13 or 15(d)

Investments In Unconsolidated Joint Ventures (Stamford SM LLC) (Narrative) (Details)

v2.4.0.8
Investments In Unconsolidated Joint Ventures (Stamford SM LLC) (Narrative) (Details) (USD $)
0 Months Ended 6 Months Ended
Jul. 15, 2013
Feb. 17, 2012
Class A Portfolio In Stamford, Connecticut [Member]
sqft
Feb. 17, 2012
Class A Office Space [Member]
property
sqft
Feb. 17, 2012
Residential Space [Member]
item
sqft
Jun. 30, 2013
Stamford SM LLC [Member]
Jun. 30, 2013
Mezz Loan [Member]
Feb. 17, 2012
Mezz Loan [Member]
Schedule of Equity Method Investments [Line Items]              
Area of property (in square feet)   1,700,000 1,670,000 70,500      
Venture property acquisition cost   $ 40,000,000          
Mortgage loan face amount             50,000,000
Number of properties     7        
Number of rental units       106      
Mortgage loan carrying amount           43,600,000  
Threshold of which excess proceeds are paid to another party           $ 47,000,000  
Spread over LIBOR 1.25%         3.25%  
Mortgage loan scheduled to mature           Aug. 01, 2013  
Loan extension period           1 year  
Percentage of interest in venture         80.00%    
Third party ownership percentage         20.00%    
Holding and distribution pattern under operating agreement         The operating agreement of Stamford SM provides, among other things, for distributions of net available cash in accordance with its members' respective ownership percentages. The Company holds an 80 percent interest in the venture. The Company and the 20 percent member share equally in decision-making on all major decisions involving the operations of the venture.