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Investments in Unconsolidated Joint Ventures (Balance Sheets of the Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Real estate and development in process, net $ 15,740,152 $ 15,555,641
Liabilities and Members'/Partners' Equity [Abstract]    
Mortgage notes payable, net 3,189,013 3,435,242
Other Liabilities 508,952 483,601
Total liabilities and equity / capital 18,963,965 18,351,486
Carrying value of the Company's investments in unconsolidated joint ventures 252,618 235,224
Unconsolidated Joint Ventures [Member]    
ASSETS    
Real estate and development in process, net 1,124,267 1,072,412
Other assets 237,196 252,285
Total assets 1,361,463 1,324,697
Liabilities and Members'/Partners' Equity [Abstract]    
Mortgage notes payable, net 827,987 830,125
Other Liabilities 47,685 44,549
Members'/Partners' equity 485,791 450,023
Total liabilities and equity / capital 1,361,463 1,324,697
Company's share of equity 255,362 237,070
Basis differentials [1] (26,673) (27,047)
Carrying value of the Company's investments in unconsolidated joint ventures [2],[3] 228,689 210,023
Unconsolidated Joint Ventures [Member]    
Liabilities and Members'/Partners' Equity [Abstract]    
Carrying value of the Company's investments in unconsolidated joint ventures $ (23,900) $ (25,200)
[1] (1)This amount represents the aggregate difference between the Company’s historical cost basis and the basis reflected at the joint venture level, which is typically amortized over the life of the related assets and liabilities. Basis differentials occur from impairment of investments and upon the transfer of assets that were previously owned by the Company into a joint venture. In addition, certain acquisition, transaction and other costs may not be reflected in the net assets at the joint venture level.
[2] Investments with deficit balances aggregating approximately $23.9 million and $25.2 million at June 30, 2016 and December 31, 2015, respectively, have been reflected within Other Liabilities on the Company’s Consolidated Balance Sheets.
[3] Investments with deficit balances aggregating approximately $23.9 million and $25.2 million at June 30, 2016 and December 31, 2015, respectively, have been reflected within Other Liabilities on the Company’s Consolidated Balance Sheets.