Investments In Unconsolidated Joint Ventures (150 Main Street, L.L.C.) (Narrative) (Details) (USD $)
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3 Months Ended | 6 Months Ended | |||||||||
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Jul. 15, 2013
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Jun. 30, 2013
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Oct. 23, 2012
JMP Eastchester, L.L.C. [Member]
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Oct. 23, 2012
Hudson Valley Land Holdings, L.L.C. [Member]
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Jun. 30, 2013
150 Main Street, L.L.C. [Member]
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Jun. 30, 2013
150 Main Street, L.L.C. [Member]
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Jun. 30, 2012
150 Main Street, L.L.C. [Member]
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Jun. 30, 2013
Eastchester Project [Member]
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Oct. 23, 2012
Eastchester Project [Member]
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Oct. 23, 2012
Eastchester Project [Member]
150 Main Street, L.L.C. [Member]
item
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Jun. 30, 2013
Construction Loan [Member]
Eastchester Project [Member]
150 Main Street, L.L.C. [Member]
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Schedule of Equity Method Investments [Line Items] | |||||||||||
Percentage of interest in venture | 26.25% | ||||||||||
Number of units | 108 | ||||||||||
Third party ownership percentage | 26.25% | 47.50% | |||||||||
Total project costs | $ 46,000,000 | ||||||||||
Maximum borrowing capacity | 600,000,000 | 600,000,000 | 27,500,000 | ||||||||
Amount of project costs funded by members | 18,500,000 | ||||||||||
Percentage return on unrecovered capital | 8.00% | ||||||||||
Development management and other services fees | $ 0 | $ 0 | $ 15,000 | ||||||||
Holding and distribution pattern under operating agreement | The operating agreement of Eastchester provides, among other things, for the distribution of net operating cash flow to the members, as follows:to HVLH to the extent of its accrued but unpaid preferred return of eight percent on the unrecovered allocated land value, as defined; to the members, pro rata, to the extent of their respective accrued but unpaid return of eight percent on their unrecovered capital percentages; andto the members in accordance with their ownership percentages. |
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Amount Of Project Costs Funded By Members No definition available.
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Development Management And Other Services Fees 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 Return On Unrecovered Capital No definition available.
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Third Party Ownership Percent No definition available.
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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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- Definition
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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