Investments In Unconsolidated Joint Ventures (Marbella RoseGarden, L.L.C.) (Narrative) (Details) (USD $)
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3 Months Ended | ||||
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Mar. 31, 2013
PruRose/Marbella I, L.L.C. [Member]
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Mar. 31, 2013
Marbella RoseGarden, L.L.C. [Member]
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Oct. 23, 2012
Marbella RoseGarden, L.L.C. [Member]
item
sqft
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Mar. 31, 2013
Marbella RoseGarden, L.L.C. [Member]
Prudential-Marbella Partnership [Member]
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Oct. 23, 2012
Marbella RoseGarden's Interest In PruRose/Marbella I [Member]
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Schedule of Equity Method Investments [Line Items] | |||||
Indirect residual ownership percentage | 24.27% | ||||
Number of units | 412 | ||||
Number of stories | 40 | ||||
Area of property (in square feet) | 369,607 | ||||
Percentage of interest in venture | 48.5325% | ||||
Investment ownership percentage | 50.00% | ||||
Percentage of operating return on capital | 9.50% | ||||
Capital balance | $ 100,000 | $ 7,600,000 | |||
Accumulated unpaid operating return | 0 | ||||
Mortgage loans, carrying amount | 95,000,000 | ||||
Interest rate | 4.99% | ||||
Mortgage loan, maturity date | May 2018 | ||||
Management, leasing and other services fees | $ 95,000 | ||||
Holding and distribution pattern under operating agreement | In general, the operating agreement of PruRose/Marbella provides that operating cash flows are distributed to members first to Prudential-Marbella and then to RoseGarden based on a 9.5 percent operating return on each members' capital balance in priorities as detailed in the operating agreement. Excess operating cash flows are distributed to the members in accordance with their ownership percentages. |
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Accumulated Unpaid Operating Return No definition available.
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Holding And Distribution Pattern Under Operating Agreement No definition available.
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Indirect Residual Ownership Percentage No definition available.
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Investment Ownership Percentage No definition available.
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Management Leasing And Other Services Fees. No definition available.
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Mortgage Loan Maturity Period No definition available.
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Number Of Stories In Real Estate Property No definition available.
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Percentage Of Operating Return On Capital No definition available.
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Area of a real estate property. No definition available.
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Interest rate stated in the contractual debt agreement. 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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The carrying amount of the outstanding balance due under the mortgage loan. 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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