Investments In Unconsolidated Joint Ventures (Gale Jefferson, L.L.C.) (Details) (USD $)
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0 Months Ended | 6 Months Ended | 0 Months Ended | 3 Months Ended | 6 Months Ended | |||||
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Oct. 24, 2011
One Jefferson [Member]
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Jun. 30, 2012
One Jefferson [Member]
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Aug. 22, 2007
One Jefferson [Member]
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Aug. 22, 2007
Gale Jefferson [Member]
sqft
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Jun. 30, 2012
Gale Jefferson [Member]
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Jun. 30, 2011
Gale Jefferson [Member]
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Jun. 30, 2012
Gale Jefferson [Member]
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Jun. 30, 2011
Gale Jefferson [Member]
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Aug. 22, 2007
M.C. Jefferson [Member]
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Aug. 22, 2007
Hampshire [Member]
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Schedule of Equity Method Investments [Line Items] | ||||||||||
Percentage of interest in venture | 8.33% | 33.33% | 66.67% | |||||||
Area of office property, square feet | 100,010 | |||||||||
Percentage of annual compound return to the Member's Capital Contributions | 12.00% | |||||||||
Percentage amount distributed to the Company and Hampshire | 50.00% | |||||||||
Mortgage loans, carrying amount | $ 21,000,000 | |||||||||
Spread over LIBOR | 160 | 160 | ||||||||
New mortgage loan | 20,200,000 | |||||||||
Mortgage loan, extension period | 1 year | |||||||||
Management leasing and other services fees | $ 48,000 | $ 40,000 | $ 96,000 | $ 79,000 | ||||||
Holding and distribution pattern under operating agreement | The operating agreement of M-C Jefferson provides, among other things, for the Participation Rights (see Note 15: Noncontrolling Interests in Subsidiaries – Participation Rights). The operating agreements of Gale Jefferson, L.L.C. ("Gale Jefferson"), which is owned 33.33 percent by M-C Jefferson and 66.67 percent by the Hampshire Generational Fund, L.L.C. ("Hampshire") provides, among other things, for the distribution of net cash flow, first, in accordance with its member's respective interests until each member is provided, as a result of such distributions, with an annual 12 percent compound return on the Member's Capital Contributions, as defined in the operating agreement and secondly, 50 percent to each of the Company and Hampshire. |