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Debt and Preferred Equity Investments (Details) (USD $)
3 Months Ended 0 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Mar. 31, 2013
Debt investment
Dec. 31, 2012
Debt investment
Mar. 31, 2013
Total fixed rate
Dec. 31, 2012
Total fixed rate
Mar. 31, 2013
Other loan with an initial maturity of March 2015
Mar. 31, 2013
Mezzanine loan with an initial maturity date of February 2016
Dec. 31, 2012
Mezzanine loan with an initial maturity date of February 2016
Mar. 31, 2013
Mortgage/Mezzanine loan with an initial maturity date of May 2016
Dec. 31, 2012
Mortgage/Mezzanine loan with an initial maturity date of May 2016
Mar. 31, 2013
Mezzanine loan with an initial maturity date of May 2016
Dec. 31, 2012
Mezzanine loan with an initial maturity date of May 2016
Mar. 31, 2013
Junior participation with an initial maturity date of June 2016
Dec. 31, 2012
Junior participation with an initial maturity date of June 2016
Mar. 31, 2013
Mezzanine loan with an initial maturity date of November 2016
Dec. 31, 2012
Mezzanine loan with an initial maturity date of November 2016
Jan. 13, 2013
Mortgage/Mezzanine loan with an initial maturity date of March 2017
Jan. 31, 2013
Mortgage/Mezzanine loan with an initial maturity date of March 2017
Mar. 31, 2013
Mortgage/Mezzanine loan with an initial maturity date of March 2017
Dec. 31, 2012
Mortgage/Mezzanine loan with an initial maturity date of March 2017
Mar. 31, 2013
Other loan with an initial maturity of September 2021
Dec. 31, 2012
Other loan with an initial maturity of September 2021
Nov. 30, 2012
Mortgage
Mar. 31, 2013
Mortgage
Dec. 31, 2012
Mortgage
Mar. 31, 2013
Total floating rate
Dec. 31, 2012
Total floating rate
Mar. 31, 2013
Junior participation with an initial maturity date of June 2013
Dec. 31, 2012
Junior participation with an initial maturity date of June 2013
Mar. 31, 2013
Mezzanine loan with an initial maturity date of July 2013
Dec. 31, 2012
Mezzanine loan with an initial maturity date of July 2013
Nov. 30, 2011
Mezzanine loan with an initial maturity date of July 2013
Mar. 31, 2013
Mezzanine loan with an initial maturity date of December 2013
item
Feb. 28, 2013
Mezzanine loan with an initial maturity date of December 2013
Sep. 30, 2012
Mortgage/Mezzanine Loan with an initial maturity date of July 2014
Mar. 31, 2013
Mortgage/Mezzanine Loan with an initial maturity date of July 2014
Dec. 31, 2012
Mortgage/Mezzanine Loan with an initial maturity date of July 2014
Jul. 31, 2012
Mortgage/Mezzanine Loan with an initial maturity date of July 2014
Mar. 31, 2013
Mezzanine loan with an initial maturity date of July 2014
Dec. 31, 2012
Mezzanine loan with an initial maturity date of July 2014
Nov. 30, 2012
Mezzanine loan with an initial maturity date of July 2014
Mar. 31, 2013
Mezzanine loan with an initial maturity date of August 2014
Dec. 31, 2012
Mezzanine loan with an initial maturity date of August 2014
Mar. 31, 2013
Mortgage with initial maturity date of September 2014
Dec. 31, 2012
Mortgage with initial maturity date of September 2014
Mar. 31, 2013
Mortgage/Mezzanine loan with an initial maturity date of February 2015
Dec. 31, 2012
Mortgage/Mezzanine loan with an initial maturity date of February 2015
Mar. 31, 2013
Mezzanine loan with an initial maturity date of December 2015
Dec. 31, 2012
Mezzanine loan with an initial maturity date of December 2015
Mar. 31, 2013
Mezzanine loan with an initial maturity date of July 2016
Dec. 31, 2012
Mezzanine loan with an initial maturity date of July 2016
Mar. 31, 2013
Mortgage with initial maturity date of March 2016
Mar. 31, 2013
Mezzanine Loan with initial maturity date of October 2016
Dec. 31, 2012
Mezzanine Loan with initial maturity date of October 2016
Debt and Preferred Equity Investments                                                                                                                  
Increase in debt and preferred equity investments (net of discounts), including investments classified as held-for-sale $ 208,600,000 $ 76,300,000                                                                                                              
Decrease in debt and preferred equity investments (net of discounts), including investments classified as held-for-sale 121,900,000 59,700,000                                                                                                              
Loan loss reserves recorded 0 3,000,000                                                                                                              
Debt investment                                                                                                                  
Aggregate weighted average current yield (as a percent) 11.10%                                                                                                                
Senior Financing 4,073,528,000           2,372,067,000   399,500,000 205,000,000   168,567,000   177,000,000   133,000,000   165,000,000       1,109,000,000   15,000,000         1,701,461,000   60,250,000   75,000,000           330,000,000     62,500,000     170,000,000           92,711,000   55,000,000   775,000,000 81,000,000  
Carrying Value, Net of Discounts, at fixed rate             559,272,000 586,385,000 15,000,000 66,936,000 66,544,000 46,511,000 46,496,000 15,644,000 15,906,000 49,000,000 49,000,000 71,119,000 71,067,000     73,292,000 115,804,000 3,500,000 3,500,000   218,270,000 218,068,000                         49,900,000                                
Carrying Value, Net of Discounts, at floating rate 1,443,834,000   1,357,203,000                                                   544,955,000 436,933,000 10,875,000 10,875,000 7,650,000 7,650,000   30,000,000     132,000,000 132,000,000 182,000,000 37,500,000 37,500,000   60,000,000 60,000,000 15,000,000 15,000,000 50,439,000 47,679,000 56,289,000 56,289,000 35,000,000 35,000,000   35,202,000 34,940,000
Loan Participation Amount included in Other assets & Other liabilities                                                                     7,400,000                 5,000,000                          
Carrying value, net of discounts         1,104,227,000 1,023,318,000                                                                                                 75,000,000    
Loan loss reserve (7,000,000)   (7,000,000) (50,175,000) (7,000,000) (7,000,000)                                                                                                      
Total, net of reserve         1,097,227,000 1,016,318,000                                                                                                      
Percentage of loan sold                                       50.00%                                                                     50.00%    
Amount recovered from sale of loan                                         57,800,000                                                                        
Additional income recognized on sale                                         12,900,000                                                                        
Loans acquired                                                   219,000,000                                                              
Value of mortgage                                                                     15,000,000   100,000,000       462,000,000                           150,000,000    
Number of extension options                                                                       2                                          
Extension term                                                                       1 year                                          
Additional commitments to fund in connection with loan                                                                                                 8,300,000   28,700,000         14,800,000  
Sale of interest on the senior mortgage loan                                                                           50,000,000                                      
Gain on sale of property $ 1,113,000 $ 6,627,000