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Investments In Unconsolidated Joint Ventures (Stamford SM LLC) (Narrative) (Details) (USD $)
In Millions, unless otherwise specified |
0 Months Ended | 12 Months Ended | ||||
|---|---|---|---|---|---|---|
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Feb. 17, 2012
Class A Portfolio In Stamford, Connecticut [Member]
sqft
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Feb. 17, 2012
Class A Office Space [Member]
property
sqft
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Feb. 17, 2012
Residential Space [Member]
item
sqft
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Dec. 31, 2013
Stamford SM LLC [Member]
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Dec. 31, 2013
Mezz Loan [Member]
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Feb. 17, 2012
Mezz Loan [Member]
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| Schedule of Equity Method Investments [Line Items] | ||||||
| Area of property (in square feet) | 1,700,000 | 1,670,000 | 70,500 | |||
| Venture property acquisition cost | $ 40.0 | |||||
| Mortgage loan face amount | 50 | |||||
| Number of properties used to collateralized mortgage | 7 | |||||
| Number of units | 106 | |||||
| Mortgage loan carrying amount | 45.1 | |||||
| Threshold of which excess proceeds are paid to another party | $ 47 | |||||
| Spread over LIBOR | 3.25% | |||||
| Mortgage loan scheduled to mature | Aug. 01, 2014 | |||||
| Percentage of interest in venture | 80.00% | |||||
| Third party ownership percentage | 20.00% | |||||
| Holding and distribution pattern under operating agreement | The operating agreement of Stamford SM provides, among other things, for distributions of net available cash in accordance with its members' respective ownership percentages. The Company holds an 80 percent interest in the venture. The Company and the 20 percent member share equally in decision-making on all major decisions involving the operations of the venture. | |||||