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Secured and unsecured senior debt Schedule of secured construction loans (Details)
1 Months Ended 6 Months Ended
Apr. 30, 2016
Extension_Option
Jun. 30, 2016
USD ($)
Extension_Option
Debt Instrument [Line Items]    
Outstanding Balance   $ 4,151,433,000
Effective rate (as a percent)   3.52%
Construction Loans    
Debt Instrument [Line Items]    
Outstanding Balance   $ 422,083,000
Remaining Commitment   482,598,000
Total Aggregate Commitments   $ 904,681,000
Secured Debt Maturing January 28, 2019 [Member]    
Debt Instrument [Line Items]    
Maturity Date   Jan. 28, 2019
Outstanding Balance   $ 180,753,000
Effective rate (as a percent)   1.88%
Greater Boston market | Construction Loans | Secured Debt Maturing on 23 August 2017 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Extended Maturity Period   1 year
Outstanding Balance   $ 201,241,000
Remaining Commitment   49,159,000
Total Aggregate Commitments   $ 250,400,000
Greater Boston market | Construction Loans | Secured Debt Maturing January 28, 2019 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Extended Maturity Period   1 year
Outstanding Balance   $ 180,753,000
Remaining Commitment   169,247,000
Total Aggregate Commitments   $ 350,000,000
Debt Instrument, Number of One-Year Maturity Date Extension Option | Extension_Option   2
Greater Boston market | Construction Loans | Secured Debt Maturing April 20, 2019 [Member]    
Debt Instrument [Line Items]    
Maturity Date   Apr. 20, 2019
Outstanding Balance   $ 40,089,000
Remaining Commitment   264,192,000
Total Aggregate Commitments   $ 304,281,000
London Interbank Offered Rate (LIBOR) [Member] | Greater Boston market | Construction Loans | Secured Debt Maturing on 23 August 2017 [Member]    
Debt Instrument [Line Items]    
Applicable margin (as a percent)   1.35%
London Interbank Offered Rate (LIBOR) [Member] | Greater Boston market | Construction Loans | Secured Debt Maturing January 28, 2019 [Member]    
Debt Instrument [Line Items]    
Applicable margin (as a percent)   1.50%
London Interbank Offered Rate (LIBOR) [Member] | Greater Boston market | Construction Loans | Secured Debt Maturing April 20, 2019 [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Extended Maturity Period 1 year  
Applicable margin (as a percent) 2.00% 2.00%
Debt Instrument, Number of One-Year Maturity Date Extension Option | Extension_Option 2