Investments In Unconsolidated Joint Ventures (Capitol Place Mezz LLC) (Narrative) (Details) (USD $)
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3 Months Ended | ||
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Mar. 31, 2014
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Dec. 31, 2013
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Dec. 23, 2013
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Schedule of Equity Method Investments [Line Items] | |||
Investments in unconsolidated joint ventures | $ 179,656,000 | $ 181,129,000 | |
Capitol Place Mezz LLC [Member]
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Schedule of Equity Method Investments [Line Items] | |||
Percentage of interest in venture | 50.00% | ||
Investments in unconsolidated joint ventures | 47,302,000 | 46,628,000 | 46,500,000 |
Holding and distribution pattern under operating agreement | In general, the operating agreement of Capitol provides that net cash flows from a capital event are distributed first, to each holder of a member loan, as defined, until all member loans have been paid in full; second, to FB until FB has received the aggregate amount of $2,500,000; and third, to the members in accordance with their percentage interests. The operating agreement also includes specific provisions, including a right of first offer on all development deals in the D.C. metro area that involve either party, with specific qualifications on any properties in Arlington County, Virginia. | ||
Capitol Place Mezz LLC [Member] | FB Capitol Place LLC [Member]
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Schedule of Equity Method Investments [Line Items] | |||
Threshold of member unreturned capital for distribution of capital event flows | 2,500,000 | ||
WDC Project [Member]
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Schedule of Equity Method Investments [Line Items] | |||
Number of units | 377 | ||
Area of property (in square feet) | 25,000 | ||
Number of parking spaces | 309 | ||
Total project costs | 120,700,000 | ||
Costs of the project incurred | 46,800,000 | ||
Mortgage loan, maturity period | 30 years | ||
WDC Project [Member] | Construction Loan [Member]
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Schedule of Equity Method Investments [Line Items] | |||
Mortgage loan, maturity period | 20 years | ||
Maximum borrowing capacity | 100,700,000 | ||
Amount outstanding | $ 36,000,000 | ||
Interest rate | 4.82% | ||
Loan maturity date | Jul. 01, 2033 |
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Construction and development costs incurred 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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Mortgage Loan Maturity Period No definition available.
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Number Of Parking Spaces No definition available.
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Threshold Of Member Unreturned Capital For Distribution Of Capital Event Cash Flows No definition available.
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Area of a real estate property. No definition available.
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Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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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Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. 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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- Details
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