Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Selected Results Of Operations And Asset Information) (Details)

v2.4.0.8
Segment Reporting (Selected Results Of Operations And Asset Information) (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Segment Reporting Information [Line Items]          
Total revenues $ 160,300 $ 168,346 $ 329,896 $ 339,259  
Total operating and interest expenses 113,269 [1] 114,002 [1] 254,273 [1] 231,861 [1]  
Equity in earnings (loss) of unconsolidated joint ventures 443 (80) (792) (1,830)  
Net operating income (loss) 47,474 [2] 54,264 [2] 74,831 [2] 105,568 [2]  
Total assets 4,354,772   4,354,772   4,515,328
Total long-lived assets 3,706,487 [3]   3,706,487 [3]   3,868,193 [3]
Investments in unconsolidated joint ventures 265,866   265,866   181,129
Real Estate - Commercial And Other [Member]
          
Segment Reporting Information [Line Items]          
Total revenues 150,877 155,249 311,450 313,897  
Total operating and interest expenses 72,303 [1] 65,889 [1] 159,236 [1] 136,282 [1]  
Equity in earnings (loss) of unconsolidated joint ventures 1,829 2,845 2,817 3,230  
Net operating income (loss) 80,403 [2] 92,205 [2] 155,031 [2] 180,845 [2]  
Total assets 3,796,166   3,796,166   3,886,574
Total long-lived assets 3,421,351 [3]   3,421,351 [3]   3,620,494 [3]
Investments in unconsolidated joint ventures 116,829   116,829   53,160
Real Estate - Multi Family [Member]
          
Segment Reporting Information [Line Items]          
Total revenues 6,329 3,655 12,132 4,937  
Total operating and interest expenses 3,006 [1] 1,568 [1] 5,705 [1] 2,104 [1]  
Equity in earnings (loss) of unconsolidated joint ventures (2,255) (2,925) (4,478) (5,060)  
Net operating income (loss) 1,068 [2] (838) [2] 1,949 [2] (2,227) [2]  
Total assets 398,190   398,190   377,237
Total long-lived assets 277,734 [3]   277,734 [3]   240,501 [3]
Investments in unconsolidated joint ventures 148,286   148,286   127,276
Multi Family Services [Member]
          
Segment Reporting Information [Line Items]          
Total revenues 7,403 [4] 6,394 [5] 14,351 [6] 11,878 [7]  
Total operating and interest expenses 8,382 [1] 7,657 [1] 18,541 [1] 15,132 [1]  
Equity in earnings (loss) of unconsolidated joint ventures 869   869    
Net operating income (loss) (110) [2] (1,263) [2] (3,321) [2] (3,254) [2]  
Total assets 9,004   9,004   10,488
Total long-lived assets 3,923 [3]   3,923 [3]   3,468 [3]
Investments in unconsolidated joint ventures 751   751   693
Fee revenue 935 571 1,800 767  
Corporate & Other [Member]
          
Segment Reporting Information [Line Items]          
Total revenues (4,309) [8] 3,048 [8] (8,037) [8] 8,547 [8]  
Total operating and interest expenses 29,578 [1],[8] 38,888 [1],[8] 70,791 [1],[8] 78,343 [1],[8]  
Net operating income (loss) (33,887) [2],[8] (35,840) [2],[8] (78,828) [2],[8] (69,796) [2],[8]  
Total assets 151,412 [8]   151,412 [8]   241,029 [8]
Total long-lived assets $ 3,479 [3],[8]   $ 3,479 [3],[8]   $ 3,730 [3],[8]
[1] Total operating and interest expenses represent the sum of: real estate taxes; utilities; operating services; direct construction costs; real estate services expenses; general and administrative and interest expense (net of interest income). All interest expense, net of interest income, (including for property-level mortgages) is excluded from segment amounts and classified in Corporate & Other for all periods.
[2] Net operating income represents total revenues less total operating and interest expenses (as defined in Note “a”), plus equity in earnings (loss) of unconsolidated joint ventures, for the period.
[3] Long-lived assets are comprised of net investment in rental property, unbilled rents receivable and goodwill.
[4] Includes $935 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[5] Includes $571 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[6] Includes $1,800 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[7] Includes $767 of fees earned for this period from the multi-family real estate segment, which are eliminated in consolidation.
[8] Corporate & Other represents all corporate-level items (including interest and other investment income, interest expense, non-property general and administrative expense, construction services revenue and direct construction costs) as well as intercompany eliminations necessary to reconcile to consolidated Company totals.