Investments In Unconsolidated Joint Ventures (Riverpark At Harrison I, L.L.C.) (Narrative) (Details) (USD $)
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6 Months Ended | 6 Months Ended | 6 Months Ended | 6 Months Ended | |||||||
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Jun. 30, 2013
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Jul. 15, 2013
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Jun. 30, 2013
Riverpark At Harrison I, L.L.C. [Member]
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Oct. 23, 2012
Riverpark At Harrison I, L.L.C. [Member]
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Jun. 30, 2013
Riverpark At Harrison I, L.L.C. [Member]
Chall Enterprises, L.L.C. [Member]
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Jun. 30, 2013
Riverpark At Harrison I, L.L.C. [Member]
Investor Group [Member]
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Jun. 30, 2013
Riverpark Project [Member]
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Jun. 30, 2013
Riverpark Project [Member]
Riverpark At Harrison I, L.L.C. [Member]
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Oct. 23, 2012
Riverpark Project [Member]
Riverpark At Harrison I, L.L.C. [Member]
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Jun. 30, 2013
Construction Loan [Member]
Riverpark At Harrison I, L.L.C. [Member]
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Jun. 30, 2013
Construction Loan [Member]
Riverpark Project [Member]
Riverpark At Harrison I, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | |||||||||||
Percentage of interest in venture | 36.00% | ||||||||||
Number of units | 141 | ||||||||||
Total project costs | $ 28,200,000 | ||||||||||
Percentage of capital required to fund project | 40.50% | ||||||||||
Third party ownership percentage | 36.00% | 28.00% | |||||||||
Maximum borrowing capacity | $ 600,000,000 | $ 600,000,000 | $ 23,400,000 | $ 23,400,000 | |||||||
Spread over LIBOR | 1.25% | 2.35% | |||||||||
Loan maturity date | Jun. 01, 2016 | ||||||||||
Number of extension options | 2 | 2 | |||||||||
Loan extension period | 1 year | ||||||||||
Extension fee | 0.20% | ||||||||||
Percentage of debt guaranteed by the company | 25.00% | ||||||||||
Percentage of debt guaranteed by company after project completion and achievement of financial ratios | 10.00% | ||||||||||
Threshold of payment guarantee, debt service coverage ratio | 1.30 | ||||||||||
Threshold of payment guarantee, loan-to-value ratio | 65.00% | ||||||||||
Holding and distribution pattern under operating agreement | In general, the operating agreement of Riverpark provides, among other things, for the distribution of net cash flow to the members in accordance with their ownership percentages. |
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Debt Instrument Extension Fee Percentage No definition available.
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Debt Instrument Extension Period No definition available.
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Debt Instrument, Number Of Extension Options 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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Percentage Of Capital Required To Fund Project No definition available.
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Percentage Of Debt Guaranteed By Company No definition available.
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Percentage Of Debt Guaranteed By Company After Project Completion And Achievement Of Financial Ratios No definition available.
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Third Party Ownership Percent No definition available.
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Threshold Of Payment Guarantee, Debt Service Coverage Ratio No definition available.
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Threshold Of Payment Guarantee, Loan To Value Ratio No definition available.
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The percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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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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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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