Quarterly report pursuant to Section 13 or 15(d)

Investments In Unconsolidated Joint Ventures (Marbella RoseGarden, L.L.C.) (Narrative) (Details)

v2.4.0.8
Investments In Unconsolidated Joint Ventures (Marbella RoseGarden, L.L.C.) (Narrative) (Details) (USD $)
3 Months Ended
Mar. 31, 2014
PruRose/Marbella I, L.L.C. [Member]
Mar. 31, 2013
PruRose/Marbella I, L.L.C. [Member]
Mar. 31, 2014
Marbella RoseGarden, L.L.C. [Member]
Oct. 23, 2012
Marbella RoseGarden, L.L.C. [Member]
sqft
item
Mar. 31, 2014
Marbella RoseGarden, L.L.C. [Member]
Prudential-Marbella Partnership [Member]
Oct. 23, 2012
Marbella RoseGarden's Interest In PruRose/Marbella I [Member]
Schedule of Equity Method Investments [Line Items]            
Indirect residual ownership percentage       24.27%    
Number of units       412    
Number of stories       40    
Area of property (in square feet)       369,607    
Percentage of interest in venture       48.5325%    
Investment ownership percentage           50.00%
Percentage of operating return on capital 9.50%          
Capital balance     $ 100,000   $ 7,600,000  
Accumulated unpaid operating return     0      
Mortgage loans, carrying amount 95,000,000          
Interest rate 4.99%          
Mortgage loan, maturity date May 2018          
Management, leasing and other services fees $ 100,000 $ 95,000        
Holding and distribution pattern under operating agreement In general, the operating agreement of PruRose/Marbella provides that operating cash flows are distributed to members first to Prudential-Marbella and then to RoseGarden based on a 9.5 percent operating return on each members' capital balance in priorities as detailed in the operating agreement. Excess operating cash flows are distributed to the members in accordance with their ownership percentages.   In general, the operating agreement of RoseGarden provides for the distribution of available cash flow to the members in accordance with their ownership percentages.