Investments In Unconsolidated Joint Ventures (RiverPark At Harrison I, L.L.C.) (Narrative) (Details) (USD $)
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3 Months Ended | |
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Mar. 31, 2014
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Oct. 23, 2012
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RiverPark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Percentage of interest in venture | 36.00% | |
Holding and distribution pattern under operating agreement | In general, the operating agreement of Riverpark provides, among other things, for the distribution of net cash flow to the members in accordance with their ownership percentages. | |
RiverPark At Harrison I, L.L.C. [Member] | Chall Enterprises, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Third party ownership percentage | 36.00% | |
RiverPark At Harrison I, L.L.C. [Member] | Investor Group [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Third party ownership percentage | 28.00% | |
Riverpark Project [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Percentage of capital required to fund project | 40.50% | |
Riverpark Project [Member] | RiverPark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Number of units | 141 | |
Total project costs | $ 27,900,000 | |
Construction Loan [Member] | RiverPark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Maximum borrowing capacity | 23,400,000 | |
Amount outstanding | 5,800,000 | |
Spread over LIBOR | 2.35% | |
Loan maturity date | Jun. 01, 2016 | |
Number of extension options | 2 | |
Loan extension period | 1 year | |
Percentage of debt guaranteed by the company | 25.00% | |
Percentage of debt guaranteed by company after project completion and achievement of financial ratios | 10.00% | |
Threshold of payment guarantee, debt service coverage ratio | 1.30 | |
Threshold of payment guarantee, loan-to-value ratio | 65.00% | |
Construction Loan [Member] | Riverpark Project [Member] | RiverPark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Maximum borrowing capacity | 23,400,000 | |
Construction Loan Extension Number 1 [Member] | RiverPark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Extension fee | 0.20% | |
Construction Loan Extension Number 2 [Member] | RiverPark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Extension fee | 0.20% | |
Land [Member] | Riverpark Project [Member] | RiverPark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | ||
Capital balance | $ 8,000,000 |
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Debt Instrument Extension Fee Percentage No definition available.
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Debt Instrument Extension Period No definition available.
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Debt Instrument, Number Of Extension Options No definition available.
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Estimated Cost Of Project No definition available.
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Holding And Distribution Pattern Under Operating Agreement No definition available.
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Percentage Of Capital Required To Fund Project No definition available.
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Percentage Of Debt Guaranteed By Company No definition available.
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Percentage Of Debt Guaranteed By Company After Project Completion And Achievement Of Financial Ratios No definition available.
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Third Party Ownership Percent No definition available.
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Threshold Of Payment Guarantee, Debt Service Coverage Ratio No definition available.
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Threshold Of Payment Guarantee, Loan To Value Ratio No definition available.
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Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The number of units in a real estate property owned as of the balance sheet date. No definition available.
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The amount of ownership interest of different classes of partners in limited partnership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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