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Debt and Preferred Equity Investments (Details 2) (USD $)
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Dec. 31, 2010
Jun. 30, 2012
Preferred equity investments
Dec. 31, 2011
Preferred equity investments
Jun. 30, 2012
Preferred equity with initial mandatory redemption on July, 2016
Dec. 31, 2011
Preferred equity with initial mandatory redemption on July, 2016
Jun. 30, 2012
Preferred equity with initial mandatory redemption on April, 2016
Jun. 30, 2012
Preferred equity with initial mandatory redemption on July, 2014
Dec. 31, 2011
Preferred equity with initial mandatory redemption on July, 2014
Jun. 30, 2012
Preferred equity with initial mandatory redemption on August, 2012
Dec. 31, 2011
Preferred equity with initial mandatory redemption on August, 2012
Preferred equity investment                        
Aggregate weighted average current yield (as a percent)       11.14%                
Senior Financing $ 3,815,340,000     $ 2,437,868,000   $ 926,260,000   $ 56,935,000 $ 480,000,000   $ 974,673,000  
Carrying Value, Net of Discounts, at fixed rate           206,931,000 203,080,000 16,042,000 95,653,000 141,980,000 50,716,000 51,000,000
Loan loss reserve (41,050,000) (50,175,000) (61,361,000) (34,050,000) (31,050,000)              
Carrying Value, Net of Discounts, at floating rate 982,209,000 985,942,000                    
Additional commitments to fund in connection with loan               10,000,000        
Junior preferred equity loan                 $ 50,000,000      
Interest in property (as a percent)                     100.00%