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CONSOLIDATED FUNDS AND VENTURES (Details 8) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Expenses:        
Interest expense $ 2,199 [1] $ 6,547 [1] $ 22,213 [1] $ 20,090 [1]
Net gains (losses) related to CFVs:        
Equity in losses from Lower Tier Property Partnerships of CFVs     (20,323) (25,917)
Net loss 62,295 (13,410) 98,253 (23,706)
Consolidated Funds and Ventures [Member]
       
Revenue:        
Rental and other income from real estate 3,736 1,800 9,096 3,715
Interest and other income 3,739 2,267 7,784 4,743
Total revenue from CFVs 7,475 4,067 16,880 8,458
Expenses:        
Depreciation and amortization 2,386 1,525 6,169 4,056
Interest expense 1,253 441 2,228 1,237
Other operating expenses 3,696 1,923 8,602 4,580
Foreign currency loss 840 330 8,390 1,148
Asset impairments 6,679 4,820 14,559 10,102
Total expenses from CFVs 14,854 9,039 39,948 21,123
Net gains (losses) related to CFVs:        
Investment gains (losses) 3,554 (4,511) 20,849 5,479
Derivative gains (losses) 258 (97) 6,883 98
Net loss on sale of properties 0 0 0 (170)
Equity in losses from Lower Tier Property Partnerships of CFVs (6,343) (6,486) (20,129) (25,917)
Net loss (9,910) (16,066) (15,465) (33,175)
Net losses allocable to noncontrolling interests in CFVs 11,046 [2] 17,268 [2] 18,426 [2] 36,526 [2]
Net income allocable to the common shareholders related to CFVs $ 1,136 $ 1,202 $ 2,961 $ 3,351
[1] Represents interest expense related to debt which finances interest-bearing assets. See Note 6, “Debt.”
[2] Net losses allocable to noncontrolling interests in CFVs have been adjusted to exclude noncontrolling interests related to IHS because the Company’s equity interest in IHS is substantial. The Company has little to no equity interest in the other CFVs including the two non-profits, the LTPPs, the LIHTC Funds and the SA Fund.