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Interest and Other Investment Income (Loss), Net (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Schedule of Investment Income, Reported Amounts, by Category [Line Items]      
Dividends and interest on marketable securities $ 12,707us-gaap_InvestmentIncomeDividend $ 11,446us-gaap_InvestmentIncomeDividend $ 11,979us-gaap_InvestmentIncomeDividend
Mark-to-market of investments in our deferred compensation plan 11,557vrlp_GainLossOnInvestmentInDeferredCompensationPlan 10,636vrlp_GainLossOnInvestmentInDeferredCompensationPlan 6,809vrlp_GainLossOnInvestmentInDeferredCompensationPlan
Interest on mezzanine loans receivable 3,920vrlp_InterestOnNotesReceivable 19,495vrlp_InterestOnNotesReceivable 13,861vrlp_InterestOnNotesReceivable
Losses from the disposition of investment in J.C. Penney 0us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (72,974)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (300,752)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
Other, net 10,568us-gaap_OtherNonoperatingIncomeExpense 6,510us-gaap_OtherNonoperatingIncomeExpense 6,903us-gaap_OtherNonoperatingIncomeExpense
Interest and other investment (loss) income, net $ 38,752vrlp_InterestAndOtherInvestmentLossIncomeNet $ (24,887)vrlp_InterestAndOtherInvestmentLossIncomeNet $ (261,200)vrlp_InterestAndOtherInvestmentLossIncomeNet