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Debt and Preferred Equity Investments (Details 2) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Preferred equity investment    
Aggregate weighted average current yield (as a percent) 11.47%  
Senior Financing $ 5,196,398  
Debt and preferred equity investments 1,304,839 1,348,434
Preferred equity investments
   
Preferred equity investment    
Aggregate weighted average current yield (as a percent) 10.91%  
Senior Financing 1,577,007  
Debt and preferred equity investments 369,364 338,579
Preferred equity with initial mandatory redemption on July, 2015
   
Preferred equity investment    
Senior Financing 525,000 [1]  
Debt and preferred equity investments 115,198 [1] 99,768 [1]
Preferred equity with initial mandatory redemption on April, 2016
   
Preferred equity investment    
Senior Financing 55,747 [1],[2]  
Debt and preferred equity investments 25,896 [1],[2] 18,925 [1],[2]
Preferred equity with initial mandatory redemption on July, 2016
   
Preferred equity investment    
Senior Financing 926,260 [1]  
Debt and preferred equity investments 218,330 [1] 209,959 [1]
Preferred equity with initial mandatory redemption on November 2017
   
Preferred equity investment    
Senior Financing 70,000  
Debt and preferred equity investments $ 9,940 $ 9,927
[1] The difference between the pay and accrual rates is included as an addition to the principal balance outstanding.
[2] As of December 31, 2013, the loan is fully funded.