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Debt and Preferred Equity Investments (Details) (USD $)
6 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Jun. 30, 2014
Debt investment
Dec. 31, 2013
Debt investment
Jun. 30, 2014
Total fixed rate
Dec. 31, 2013
Total fixed rate
Jun. 30, 2014
Total fixed rate
Jr. Mortgage Participation, March 2015
Dec. 31, 2013
Total fixed rate
Jr. Mortgage Participation, March 2015
Jun. 30, 2014
Total fixed rate
Jr. Mortgage Participation/Mezzanine Loan, February 2016
Dec. 31, 2013
Total fixed rate
Jr. Mortgage Participation/Mezzanine Loan, February 2016
Jun. 30, 2014
Total fixed rate
Jr. Mortgage Participation/Mezzanine Loan, May 2016
Dec. 31, 2013
Total fixed rate
Jr. Mortgage Participation/Mezzanine Loan, May 2016
Jun. 30, 2014
Total fixed rate
Mezzanine Loan, May 2016
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, May 2016
Jun. 30, 2014
Total fixed rate
Jr. Mortgage Participation, June 2016
Dec. 31, 2013
Total fixed rate
Jr. Mortgage Participation, June 2016
Jun. 30, 2014
Total fixed rate
Mezzanine Loan, November 2016
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, November 2016
Jun. 30, 2014
Total fixed rate
Jr. Mortgage Participation/Mezzanine Loan, March 2017
Dec. 31, 2013
Total fixed rate
Jr. Mortgage Participation/Mezzanine Loan, March 2017
Jun. 30, 2014
Total fixed rate
Other, March 2017
Dec. 31, 2013
Total fixed rate
Other, March 2017
Jun. 30, 2014
Total fixed rate
Mezzanine Loan, June 2017
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, June 2017
Jun. 30, 2014
Total fixed rate
Mortgage Loan, August 2019
Dec. 31, 2013
Total fixed rate
Mortgage Loan, August 2019
Jun. 30, 2014
Total fixed rate
Mezzanine Loan, September 2021
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, September 2021
Jun. 30, 2014
Total fixed rate
Mezzanine Loan, November 2023
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, November 2023
Mar. 31, 2014
Total fixed rate
Jr. Mortgage Participation, June 2014
Jun. 30, 2014
Total fixed rate
Jr. Mortgage Participation, June 2014
Jun. 30, 2014
Total floating rate
Dec. 31, 2013
Total floating rate
Jun. 30, 2014
Total floating rate
Mezzanine Loan, November 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, November 2016
Jun. 30, 2014
Total floating rate
Jr. Mortgage Participation/Mezzanine Loan, July 2014
Dec. 31, 2013
Total floating rate
Jr. Mortgage Participation/Mezzanine Loan, July 2014
Jun. 30, 2014
Total floating rate
Mezzanine Loan, August 2014
Dec. 31, 2013
Total floating rate
Mezzanine Loan, August 2014
Jun. 30, 2014
Total floating rate
Jr. Mortgage Participation, August 2014
Dec. 31, 2013
Total floating rate
Jr. Mortgage Participation, August 2014
Jun. 30, 2014
Total floating rate
Mezzanine Loan, September 2014
Dec. 31, 2013
Total floating rate
Mezzanine Loan, September 2014
Jun. 30, 2014
Total floating rate
Mezzanine Loan, October 2014
Dec. 31, 2013
Total floating rate
Mezzanine Loan, October 2014
Jun. 30, 2014
Total floating rate
Jr. Mortgage Participation, February 2015
Dec. 31, 2013
Total floating rate
Jr. Mortgage Participation, February 2015
Jun. 30, 2014
Total floating rate
Mezzanine Loan April 2015
Dec. 31, 2013
Total floating rate
Mezzanine Loan April 2015
Jun. 30, 2014
Total floating rate
Mortgage/Mezzanine Loan June 2015
Dec. 31, 2013
Total floating rate
Mortgage/Mezzanine Loan June 2015
Jun. 30, 2014
Total floating rate
Mezzanine Loan, September 2015
Dec. 31, 2013
Total floating rate
Mezzanine Loan, September 2015
Jun. 30, 2014
Total floating rate
Mezzanine Loan, December 2015
Dec. 31, 2013
Total floating rate
Mezzanine Loan, December 2015
Jun. 30, 2014
Total floating rate
Mezzanine Loan, March 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, March 2016
Jun. 30, 2014
Total floating rate
Mezzanine Loan, June 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, June 2016
Jun. 30, 2014
Total floating rate
Mezzanine Loan, July 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, July 2016
Jun. 30, 2014
Total floating rate
Mezzanine Loan, December 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, December 2016
Jun. 30, 2014
Total floating rate
Jr. Mortgage Participation/Mezzanine Loan, July 2018
Dec. 31, 2013
Total floating rate
Jr. Mortgage Participation/Mezzanine Loan, July 2018
Jun. 30, 2014
Total floating rate
Mortgage/Mezzanine Loan, February 2019
Dec. 31, 2013
Total floating rate
Mortgage/Mezzanine Loan, February 2019
Jun. 30, 2014
Total floating rate
Mezzanine Loan, March 2019
Dec. 31, 2013
Total floating rate
Mezzanine Loan, March 2019
Jun. 30, 2014
Total floating rate
Mortgage Loan
Dec. 31, 2013
Total floating rate
Mortgage Loan
Debt investment                                                                                                                                                    
Increase in debt and preferred equity investments (net of discounts), including investments classified as held-for-sale $ 303,400,000 $ 298,800,000                                                                                                                                                
Decrease in debt and preferred equity investments (net of discounts), including investments classified as held-for-sale 60,400,000 419,800,000                                                                                                                                                
Aggregate weighted average current yield (as a percent) 10.69%                                                                                                                                                  
Funding Obligations         72,468,000   19,725,000   0   0   0   0   0   0   0 [1]   0 [1]   19,725,000 [2]   0   0   0 [3]       52,743,000   10,584,000   0 [4]   0 [5]   0 [6]   0 [7]   9,794,000   0 [8]   22,817,000   0   0   9,215,000   0   0 [9]   0   333,000   0   0   0   0 [10]  
Senior Financing         5,818,222,000   2,979,409,000   398,500,000   205,000,000   165,159,000   177,000,000   133,000,000   165,000,000   1,109,000,000 [1]   0 [1]   521,750,000 [2]   0   15,000,000   90,000,000 [3]       2,838,813,000   168,485,000   330,000,000 [4]   180,000,000 [5]   57,750,000 [6]   481,309,000 [7]   93,279,000   84,000,000 [8]   50,000,000   0   110,000,000   107,157,000   775,000,000   160,000,000 [9]   115,000,000   33,833,000   55,000,000   0   38,000,000   0 [10]  
Carrying Value, Net of Discounts             467,757,000 [11] 385,604,000 [11] 11,893,000 [11] 11,856,000 [11] 69,480,000 [11] 68,319,000 [11] 45,137,000 [11] 44,742,000 [11] 14,519,000 [11] 15,012,000 [11] 49,000,000 [11] 49,000,000 [11] 71,430,000 [11] 71,312,000 [11] 95,329,000 [1],[11] 26,884,000 [1],[11] 65,578,000 [1],[11] 54,099,000 [1],[11] 21,267,000 [11],[2] 20,954,000 [11],[2] 696,000 [11] 0 [11] 3,500,000 [11] 3,500,000 [11] 19,928,000 [11],[3] 19,926,000 [11],[3]                                                                                    
Debt and preferred equity investments 1,547,808,000   1,304,839,000   1,195,672,000 [11] 936,475,000 [11]                                                       30,000,000 727,915,000 [11] 550,871,000 [11] 26,655,000 [11] 25,725,000 [11] 131,987,000 [11],[4] 131,724,000 [11],[4] 59,974,000 [11],[5] 59,892,000 [11],[5] 10,875,000 [11],[6] 10,873,000 [11],[6] 19,487,000 [11],[7] 0 [11],[7] 40,125,000 [11] 38,549,000 [11] 24,959,000 [11],[8] 24,046,000 [11],[8] 22,002,000 [11] 0 [11] 108,981,000 [11] 0 [11] 49,354,000 [11] 49,110,000 [11] 40,662,000 [11] 27,662,000 [11] 73,326,000 [11] 72,823,000 [11] 22,549,000 [11],[9] 22,526,000 [11],[9] 24,907,000 [11] 25,590,000 [11] 11,816,000 [11] 11,798,000 [11] 20,544,000 [11] 20,553,000 [11] 17,923,000 [11] 0 [11] 21,789,000 [11] 0 [11] 0 [10],[11] 30,000,000 [10],[11]
Payments to Acquire Investments 256,730,000 277,877,000                                                               67,300,000                                                                                
Loan loss reserve 0   (1,000,000) (7,000,000) 0 [11] (1,000,000) [11]                                                                                                                                        
Total, net of reserve         1,195,672,000 [11] 935,475,000 [11]                                                                                                                                        
Accretion of unaccrued interest                                                                 10,100,000                                                                                  
Face amount of mortgages                                                                   66,700,000                                                                                
Loan participation amount included in other assets and other liabilities                                                 41,300,000           5,000,000                                                           7,400,000                          
Repayments or redemption of debt and preferred equity investments $ 60,412,000 $ 432,667,000                                                                                 $ 10,800,000                                                              
[1] During the three months ended March 31, 2014, we recognized $10.1 million of previously unaccrued interest income as deemed collectible as a result of the subsequent sale of the property, which closed in June 2014. In connection with the sale of the underlying property, our existing $66.7 million mezzanine loan was defeased and is now shown separately, as it is collateralized by defeasance securities. The buyer assumed our $30.0 million participating interest on the mortgage and we acquired a $67.3 million participating interest on the mezzanine loan.
[2] Carrying value is net of $41.3 million that was participated out, which is included in other assets and other liabilities on the consolidated balance sheets as a result of the transfer not meeting the conditions for sale accounting.
[3] Carrying value is net of $5.0 million that was participated out, which is included in other assets and other liabilities on the consolidated balance sheets as a result of the transfer not meeting the conditions for sale accounting.
[4] This loan was repaid in July 2014.
[5] This loan was repaid in August 2014.
[6] In June 2014, the loan maturity date was extended to August 2014 and $10.8 million has been repaid.
[7] This loan was previously included in other assets on the consolidated balance sheets. Following the sale of our interest in the partnership that is the borrower, the loan was reclassified to debt and preferred equity investments.
[8] In March 2014, the loan was extended to February 2015.
[9] Carrying value is net of $7.4 million that was participated out, which is included in other assets and other liabilities on the consolidated balance sheets as a result of the transfer not meeting the conditions for sale accounting.
[10] This loan was repaid in May 2014.
[11] Carrying value is net of discounts, original issue discounts and deferred origination fees.