Investments In Unconsolidated Joint Ventures (KPG-P 100 IMW JV, LLC) (Details) (USD $)
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3 Months Ended | 3 Months Ended | 0 Months Ended | 3 Months Ended | ||||||||
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Mar. 31, 2014
KPG-IMW Owner, LLC [Member]
item
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Dec. 09, 2013
KPG-IMW Owner, LLC [Member]
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Mar. 31, 2014
KPG-MCG IMW, LLC [Member]
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Mar. 31, 2014
KPG-P [Member]
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Dec. 09, 2013
KPG-P 100 IMW JV, LLC [Member]
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Dec. 09, 2013
100 IMW Property [Member]
sqft
item
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Mar. 31, 2014
100 IMW Property [Member]
item
sqft
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Mar. 31, 2014
Minimum [Member]
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Mar. 31, 2014
Minimum [Member]
100 IMW Property [Member]
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Mar. 31, 2014
KPG-MCG's Interest In KPG-P [Member]
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Mar. 31, 2014
KPG's Interest In KPG-P [Member]
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Mar. 31, 2014
Parkway's Interest In KPG-P [Member]
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Schedule of Equity Method Investments [Line Items] | ||||||||||||
Percentage of interest in venture | 33.33% | 57.7677% | 7.50% | |||||||||
Number of stories | 9 | |||||||||||
Area of property (in square feet) | 400,000 | |||||||||||
Business acquisition, cash paid | $ 2,800,000 | $ 40,500,000 | ||||||||||
Total project costs | 20,000,000 | |||||||||||
Area of property to be converted | 55,000 | |||||||||||
Number of parking spaces | 110 | |||||||||||
Investment ownership percentage | 57.7024% | 17.8928% | 24.4048% | |||||||||
Threshold of member unreturned capital for distribution of net operating cash flows | 0 | |||||||||||
Threshold of member unreturned capital for distribution of capital event flows | 0 | |||||||||||
Threshold of member deferred unreturned capital for distribution of capital event flows | 0 | |||||||||||
Mortgage loans, carrying amount | 61,500,000 | |||||||||||
Interest rate | 7.00% | |||||||||||
Mortgage loan, maturity date | September 2016 | |||||||||||
Number of extension options | 2 | |||||||||||
Credit facility, extension period | 1 year | |||||||||||
Construction reserve | $ 25,000,000 | |||||||||||
Holding and distribution pattern under operating agreement | In general, the operating agreement of KPG-P provides that net operating cash flows are distributed first, to the members in proportion to their unreturned capital contributions, until each member's unreturned capital contributions have been reduced to zero; and, thereafter, to the members, in accordance with their percentage interests. Net cash flows from a capital event are distributed first, to the members in proportion to the members' unreturned capital contributions, until each member's unreturned capital contributions have been reduced to zero; second, to the members in proportion to the members' unreturned deferred capital contributions, until each member's deferred unreturned capital contributions have been reduced to zero; and, thereafter, to the members in accordance with their percentage interests. |