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Debt and Preferred Equity Investments (Details) (USD $)
9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Sep. 30, 2014
Debt investment
Dec. 31, 2013
Debt investment
Sep. 30, 2014
Total fixed rate
Dec. 31, 2013
Total fixed rate
Sep. 30, 2014
Total fixed rate
Jr. Mortgage Participation, March 2015
Dec. 31, 2013
Total fixed rate
Jr. Mortgage Participation, March 2015
Sep. 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
Sep. 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
Sep. 30, 2014
Total fixed rate
Mezzanine Loan, May 2016
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, May 2016
Sep. 30, 2014
Total fixed rate
Jr. Mortgage Participation, June 2016
Dec. 31, 2013
Total fixed rate
Jr. Mortgage Participation, June 2016
Sep. 30, 2014
Total fixed rate
Mezzanine Loan, November 2016
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, November 2016
Sep. 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
Sep. 30, 2014
Total fixed rate
Other, March 2017
Dec. 31, 2013
Total fixed rate
Other, March 2017
Sep. 30, 2014
Total fixed rate
Mezzanine Loan, June 2017
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, June 2017
Sep. 30, 2014
Total fixed rate
Mezzanine Loan, July 2018
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, July 2018
Sep. 30, 2014
Total fixed rate
Mortgage Loan, February 2019
Dec. 31, 2013
Total fixed rate
Mortgage Loan, February 2019
Sep. 30, 2014
Total fixed rate
Mortgage Loan, August 2019
Dec. 31, 2013
Total fixed rate
Mortgage Loan, August 2019
Sep. 30, 2014
Total fixed rate
Mezzanine Loan, September 2021
Dec. 31, 2013
Total fixed rate
Mezzanine Loan, September 2021
Sep. 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
Sep. 30, 2014
Total fixed rate
Jr. Mortgage Participation, June 2014
Sep. 30, 2014
Total fixed rate
Junior Mortgage Participation
Sep. 30, 2014
Total floating rate
Dec. 31, 2013
Total floating rate
Sep. 30, 2014
Total floating rate
Mezzanine Loan, November 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, November 2016
Sep. 30, 2014
Total floating rate
Mezzanine Loan April 2015
Dec. 31, 2013
Total floating rate
Mezzanine Loan April 2015
Sep. 30, 2014
Total floating rate
Mortgage/Mezzanine Loan June 2015
Dec. 31, 2013
Total floating rate
Mortgage/Mezzanine Loan June 2015
Sep. 30, 2014
Total floating rate
Mezzanine Loan, September 2015
Dec. 31, 2013
Total floating rate
Mezzanine Loan, September 2015
Sep. 30, 2014
Total floating rate
Mezzanine Loan, December 2015
Dec. 31, 2013
Total floating rate
Mezzanine Loan, December 2015
Sep. 30, 2014
Total floating rate
Mezzanine Loan, March 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, March 2016
Sep. 30, 2014
Total floating rate
Mezzanine Loan, June 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, June 2016
Sep. 30, 2014
Total floating rate
Mezzanine Loan, July 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, July 2016
Sep. 30, 2014
Total floating rate
Mezzanine Loan, December 2016
Dec. 31, 2013
Total floating rate
Mezzanine Loan, December 2016
Sep. 30, 2014
Total floating rate
Mortgage/Mezzanine Loan, July 2017
Dec. 31, 2013
Total floating rate
Mortgage/Mezzanine Loan, July 2017
Sep. 30, 2014
Total floating rate
Mortgage/Mezzanine Loan, July 2017
Dec. 31, 2013
Total floating rate
Mortgage/Mezzanine Loan, July 2017
Sep. 30, 2014
Total floating rate
Mortgage/Mezzanine Loan, September 2017
Dec. 31, 2013
Total floating rate
Mortgage/Mezzanine Loan, September 2017
Sep. 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
Sep. 30, 2014
Total floating rate
Mortgage/Mezzanine Loan, February 2019
Dec. 31, 2013
Total floating rate
Mortgage/Mezzanine Loan, February 2019
Sep. 30, 2014
Total floating rate
Mezzanine Loan, March 2019
Dec. 31, 2013
Total floating rate
Mezzanine Loan, March 2019
Sep. 30, 2014
Total floating rate
Mortgage Loan, Repaid May 2014
Dec. 31, 2013
Total floating rate
Mortgage Loan, Repaid May 2014
Sep. 30, 2014
Total floating rate
Jr. Mortgage Participation, Repaid July 2014
Dec. 31, 2013
Total floating rate
Jr. Mortgage Participation, Repaid July 2014
Sep. 30, 2014
Total floating rate
Jr. Mortgage Participation/Mezzanine Loan, Repaid July 2014
Dec. 31, 2013
Total floating rate
Jr. Mortgage Participation/Mezzanine Loan, Repaid July 2014
Sep. 30, 2014
Total floating rate
Mezzanine Loan, Repaid August 2014
Dec. 31, 2013
Total floating rate
Mezzanine Loan, Repaid August 2014
Sep. 30, 2014
Total floating rate
Jr. Mortgage Participation, Repaid August 2014
Dec. 31, 2013
Total floating rate
Jr. Mortgage Participation, Repaid August 2014
Sep. 30, 2014
Total floating rate
Mezzanine Loan, Repaid In August 2014
Dec. 31, 2013
Total floating rate
Mezzanine Loan, Repaid In August 2014
Debt investment                                                                                                                                                                      
Increase in debt and preferred equity investments (net of discounts), including investments classified as held-for-sale $ 476,600,000 $ 497,400,000                                                                                                                                                                  
Decrease in debt and preferred equity investments (net of discounts), including investments classified as held-for-sale 348,500,000 530,200,000                                                                                                                                                                  
Aggregate weighted average current yield (as a percent) 10.72%                                                                                                                                                                    
Funding Obligations         55,037,000   19,555,000   0   0   0   0   0   0   0 [1]   0 [1]   19,555,000 [2]   0   0 [3]   0   0   0 [4]         35,482,000   8,448,000   15,309,000   0   0   8,262,000   0   0 [5]   0   333,000   3,130,000   0   0   0   0   0   0 [6]   0 [7]   0 [7]   0 [8]   0 [8]   0 [8]  
Senior Financing         5,246,578,000   3,517,994,000   398,500,000   205,000,000   164,744,000   177,000,000   133,000,000   165,000,000   1,109,000,000 [1]   0 [1]   521,750,000 [2]   539,000,000   0 [3]   0   15,000,000   90,000,000 [4]         1,728,584,000   172,105,000   50,000,000   0   110,000,000   110,295,000   775,000,000   160,000,000 [5]   115,000,000   33,833,000   109,351,000   0   0   55,000,000   0   38,000,000   0 [6]   0 [7]   0 [7]   0 [8]   0 [8]   0 [8]  
Carrying Value, Net of Discounts             547,173,000 [9] 385,604,000 [9] 11,913,000 [9] 11,856,000 [9] 70,080,000 [9] 68,319,000 [9] 45,355,000 [9] 44,742,000 [9] 14,298,000 [9] 15,012,000 [9] 49,000,000 [9] 49,000,000 [9] 71,592,000 [9] 71,312,000 [9] 97,101,000 [1],[9] 26,884,000 [1],[9] 65,674,000 [1],[9] 54,099,000 [1],[9] 21,456,000 [2],[9] 20,954,000 [2],[9] 50,412,000 [9] 0 [9] 26,196,000 [3],[9] 0 [3],[9] 667,000 [9] 0 [9] 3,500,000 [9] 3,500,000 [9] 19,929,000 [4],[9] 19,926,000 [4],[9]                                                                                              
Debt and preferred equity investments 1,432,951,000   1,304,839,000   1,077,123,000 [9] 936,475,000 [9]                                                               30,000,000   529,950,000 [9] 550,871,000 [9] 28,855,000 [9] 25,725,000 [9] 29,650,000 [9] 0 [9] 109,252,000 [9] 0 [9] 49,482,000 [9] 49,110,000 [9] 41,675,000 [9] 27,662,000 [9] 73,602,000 [9] 72,823,000 [9] 22,561,000 [5],[9] 22,526,000 [5],[9] 24,909,000 [9] 25,590,000 [9] 11,825,000 [9] 11,798,000 [9] 38,186,000 [9] 0 [9] 22,786,000 [9] 0 [9] 16,835,000 [9] 0 [9] 20,538,000 [9] 20,553,000 [9] 17,996,000 [9] 0 [9] 21,798,000 [9] 0 [9] 0 [6],[9] 30,000,000 [6],[9] 0 [7],[9] 24,046,000 [7],[9] 0 [7],[9] 131,724,000 [7],[9] 0 [8],[9] 59,892,000 [8],[9] 0 [8],[9] 10,873,000 [8],[9] 0 [8],[9] 38,549,000 [8],[9]
Payments to Acquire Investments 421,003,000 393,429,000                                                                       67,300,000                                                                                          
Loan loss reserve 0   (1,000,000) (7,000,000) 0 [9] (1,000,000) [9]                                                                                                                                                          
Total, net of reserve         1,077,123,000 [9] 935,475,000 [9]                                                                                                                                                          
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                                                          
Mortgage Loans On Real Estate Commercial And Consumer, Gross                                                         26,400,000                   5,700,000                                                                                        
Mortgage Loans On Real Estate Commercial And Consumer, Discount Amount                                                         $ 200,000                   $ 5,700,000                                                                                        
[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] In September 2014, we acquired a $26.4 million mortgage loan at a $0.2 million discount and a $5.7 million junior mortgage participation at a $5.7 million discount. The junior mortgage participation was a nonperforming loan at acquisition and is currently on a non-accrual status.
[4] 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.
[5] 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.
[6] This loan was repaid in May 2014.
[7] This loan was repaid in July 2014.
[8] This loan was repaid in August 2014.
[9] Carrying value is net of discounts, original issue discounts and deferred origination fees.