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Marketable Securities and Derivative Instruments: Derivative Instruments (Narratives) (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Sep. 19, 2013
Mar. 31, 2013
Sep. 30, 2013
Derivative [Line Items]            
Proceeds from sales of, and return of investment in, marketable securities $ 0us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities $ 378,709us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities $ 60,258us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities      
JC Penney [Member]            
Summary Of Derivative Instruments [Abstract]            
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities         39,487us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
 
Derivative [Line Items]            
Closing share price (in dollars per share)         $ 15.11us-gaap_SaleOfStockPricePerShare
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
$ 14.29us-gaap_SaleOfStockPricePerShare
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
Impairment loss         39,487us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
 
Loss from the mark-to-market of J.C. Penney derivative position       33,487us-gaap_GainLossOnDerivativeInstrumentsNetPretax
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
   
Net loss on sale of common shares in J.C Penney           54,914us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
Sale of Stock, Number of Shares           23,400,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
Proceeds from sales of, and return of investment in, marketable securities           334,500us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
Lexington Realty Trust [Member] | Maximum [Member]            
Derivative [Line Items]            
Ownership Percentage         17.20%vrlp_OwnershipPercentage
/ invest_InvestmentHoldingAxis
= vrlp_LexingtonRealtyTrustMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
 
Lexington Realty Trust [Member] | Minimum [Member]            
Derivative [Line Items]            
Ownership Percentage         8.80%vrlp_OwnershipPercentage
/ invest_InvestmentHoldingAxis
= vrlp_LexingtonRealtyTrustMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
 
Other Investments [Member]            
Derivative [Line Items]            
Marketable Securities Gain (Loss)   31,741us-gaap_MarketableSecuritiesGainLoss
/ invest_InvestmentHoldingAxis
= us-gaap_OtherInvestmentsMember
3,582us-gaap_MarketableSecuritiesGainLoss
/ invest_InvestmentHoldingAxis
= us-gaap_OtherInvestmentsMember
     
Proceeds from sales of, and return of investment in, marketable securities   $ 44,209us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ invest_InvestmentHoldingAxis
= us-gaap_OtherInvestmentsMember
$ 58,718us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
/ invest_InvestmentHoldingAxis
= us-gaap_OtherInvestmentsMember
     
Shares Owned [Member] | JC Penney [Member]            
Derivative [Line Items]            
Ownership common shares, investee (in shares)         8,584,010us-gaap_InvestmentOwnedBalanceShares
/ us-gaap_DerivativeByNatureAxis
= vrlp_SharesOwnedMember
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember
 
Common Stock [Member] | JC Penney [Member]            
Derivative [Line Items]            
Receipt of common shares by settling forward contract       4,815,990vrlp_CommonStockSharesAcquired
/ us-gaap_DerivativeByNatureAxis
= us-gaap_CommonStockMember
/ invest_InvestmentHoldingAxis
= vrlp_JcPenneyMember