|
Investments In Unconsolidated Joint Ventures (Rosewood Lafayette Holdings, L.L.C.) (Narrative) (Details) (USD $)
|
2 Months Ended | 3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|---|
|
Dec. 23, 2012
Rosewood Lafayette Commons, L.L.C. [Member]
|
Sep. 30, 2013
Rosewood Lafayette Commons, L.L.C. [Member]
|
Mar. 31, 2013
Rosewood Lafayette Commons, L.L.C. [Member]
|
Sep. 30, 2013
Rosewood Lafayette Commons, L.L.C. [Member]
|
Oct. 23, 2012
Rosewood Lafayatte Holdings' Interest In Rosewood Lafayette Commons [Member]
|
Oct. 23, 2012
Rosewood Lafayette Holdings, L.L.C. [Member]
sqft
item
|
Sep. 30, 2013
Rosewood Lafayette Holdings, L.L.C. [Member]
Prudential [Member]
|
|
| Schedule of Equity Method Investments [Line Items] | |||||||
| Indirect residual ownership percentage | 25.00% | ||||||
| Number of units | 217 | ||||||
| Area of property (in square feet) | 185,733 | ||||||
| Percentage of interest in venture | 50.00% | ||||||
| Investment ownership percentage | 50.00% | ||||||
| Percentage of operating return on capital | 8.00% | 9.00% | |||||
| Capital balance | $ 29,500,000 | ||||||
| Accumulated unpaid operating return | 2,100,000 | ||||||
| Mortgage loans, carrying amount | 39,500,000 | 39,500,000 | |||||
| Interest rate | 4.00% | 4.00% | |||||
| Mortgage loan, maturity date | July 2015 | ||||||
| Amortization schedule | 30 years | ||||||
| Management, leasing and other services fees | $ 48,000 | $ 142,000 | |||||
| Holding and distribution pattern under operating agreement | In general, the operating agreement of Rosewood Lafayette provides that operating cash flows are distributed to members first to Prudential and then to Rosewood based on an eight percent operating return to December 23, 2012 and nine percent thereafter 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. | ||||||