2.4.0.6 Html 355 300 1 true 95 0 false 7 false false R1.htm 101 - Document - Document and Entity Information Sheet http://www.raitft.com/taxonomy/role/DocumentDocumentandEntityInformation Document and Entity Information true false R2.htm 103 - Statement - Consolidated Balance Sheets Sheet http://www.raitft.com/taxonomy/role/StatementOfFinancialPositionUnclassified-RealEstateOperations Consolidated Balance Sheets false false R3.htm 104 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://www.raitft.com/taxonomy/role/StatementOfFinancialPositionUnclassified-RealEstateOperationsParenthetical Consolidated Balance Sheets (Parenthetical) false false R4.htm 105 - Statement - Consolidated Statements of Operations Sheet http://www.raitft.com/taxonomy/role/StatementOfIncome Consolidated Statements of Operations false false R5.htm 106 - Statement - Consolidated Statements of Comprehensive Income (Loss) Sheet http://www.raitft.com/taxonomy/role/StatementOfPartnersCapital Consolidated Statements of Comprehensive Income (Loss) false false R6.htm 107 - Statement - Consolidated Statements of Cash Flows Sheet http://www.raitft.com/taxonomy/role/StatementOfCashFlowsIndirectRealEstate Consolidated Statements of Cash Flows false false R7.htm 108 - Disclosure - The Company Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsNatureOfOperations The Company false false R8.htm 109 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsSignificantAccountingPoliciesTextBlock Summary of Significant Accounting Policies false false R9.htm 110 - Disclosure - Investments In Loans Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsLoansNotesTradeAndOtherReceivablesDisclosureTextBlock Investments In Loans false false R10.htm 111 - Disclosure - Investments In Securities Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsInvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock Investments In Securities false false R11.htm 112 - Disclosure - Investments In Real Estate Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsRealEstateOwnedTextBlock Investments In Real Estate false false R12.htm 113 - Disclosure - Indebtedness Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsLongTermDebtTextBlock Indebtedness false false R13.htm 114 - Disclosure - Derivative Financial Instruments Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsDerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock Derivative Financial Instruments false false R14.htm 115 - Disclosure - Fair Value Of Financial Instruments Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsFairValueDisclosuresTextBlock Fair Value Of Financial Instruments false false R15.htm 116 - Disclosure - Variable Interest Entities Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsVariableInterestEntitiesTextBlock Variable Interest Entities false false R16.htm 117 - Disclosure - Series D Preferred Shares Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsTemporaryEquityContractTermTextBlock Series D Preferred Shares false false R17.htm 118 - Disclosure - Equity Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsStockholdersEquityNoteDisclosureTextBlock Equity false false R18.htm 119 - Disclosure - Earnings (Loss) Per Share Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsEarningsPerShareTextBlock Earnings (Loss) Per Share false false R19.htm 120 - Disclosure - Related Party Transactions Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsRelatedPartyTransactionsDisclosureTextBlock Related Party Transactions false false R20.htm 121 - Disclosure - Commitments and Contingencies Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsCommitmentsAndContingenciesDisclosureTextBlock Commitments and Contingencies false false R21.htm 122 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsSignificantAccountingPoliciesTextBlockPolicies Summary of Significant Accounting Policies (Policies) false false R22.htm 123 - Disclosure - Investments In Loans (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsLoansNotesTradeAndOtherReceivablesDisclosureTextBlockTables Investments In Loans (Tables) false false R23.htm 124 - Disclosure - Investments In Securities (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsInvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlockTables Investments In Securities (Tables) false false R24.htm 125 - Disclosure - Investments In Real Estate (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsRealEstateOwnedTextBlockTables Investments In Real Estate (Tables) false false R25.htm 126 - Disclosure - Indebtedness (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsLongTermDebtTextBlockTables Indebtedness (Tables) false false R26.htm 127 - Disclosure - Derivative Financial Instruments (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsDerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlockTables Derivative Financial Instruments (Tables) false false R27.htm 128 - Disclosure - Fair Value Of Financial Instruments (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsFairValueDisclosuresTextBlockTables Fair Value Of Financial Instruments (Tables) false false R28.htm 129 - Disclosure - Variable Interest Entities (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsVariableInterestEntitiesTextBlockTables Variable Interest Entities (Tables) false false R29.htm 130 - Disclosure - Series D Preferred Shares (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsTemporaryEquityContractTermTextBlockTables Series D Preferred Shares (Tables) false false R30.htm 131 - Disclosure - Earnings (Loss) Per Share (Tables) Sheet http://www.raitft.com/taxonomy/role/NotesToFinancialStatementsEarningsPerShareTextBlockTables Earnings (Loss) Per Share (Tables) false false R31.htm 132 - Disclosure - Summary of Significant Accounting Policies - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureSummaryOfSignificantAccountingPoliciesAdditionalInformation Summary of Significant Accounting Policies - Additional Information (Detail) false false R32.htm 133 - Disclosure - Investments in Loans (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInvestmentsInLoans Investments in Loans (Detail) false false R33.htm 134 - Disclosure - Delinquency Statistics of Commercial Real Estate Loan (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureDelinquencyStatisticsOfCommercialRealEstateLoan Delinquency Statistics of Commercial Real Estate Loan (Detail) false false R34.htm 135 - Disclosure - Investments in Loans - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInvestmentsInLoansAdditionalInformation Investments in Loans - Additional Information (Detail) false false R35.htm 136 - Disclosure - Roll-Forward of Allowance for Losses (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureRollForwardOfAllowanceForLosses Roll-Forward of Allowance for Losses (Detail) false false R36.htm 137 - Disclosure - Investments in Securities and Security-Related Receivables (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInvestmentsInSecuritiesAndSecurityRelatedReceivables Investments in Securities and Security-Related Receivables (Detail) false false R37.htm 138 - Disclosure - Investments in Securities and Security-Related Receivables (Parenthetical) (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInvestmentsInSecuritiesAndSecurityRelatedReceivablesParenthetical Investments in Securities and Security-Related Receivables (Parenthetical) (Detail) false false R38.htm 139 - Disclosure - Non-Accrual Status of Investments (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureNonAccrualStatusOfInvestments Non-Accrual Status of Investments (Detail) false false R39.htm 140 - Disclosure - Investments in Securities - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInvestmentsInSecuritiesAdditionalInformation Investments in Securities - Additional Information (Detail) false false R40.htm 141 - Disclosure - Summary of Investments in Real Estate (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureSummaryOfInvestmentsInRealEstate Summary of Investments in Real Estate (Detail) false false R41.htm 142 - Disclosure - Investments in Real Estate - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInvestmentsInRealEstateAdditionalInformation Investments in Real Estate - Additional Information (Detail) false false R42.htm 143 - Disclosure - Summary of Total Recourse and Non-Recourse Indebtedness (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureSummaryOfTotalRecourseAndNonRecourseIndebtedness Summary of Total Recourse and Non-Recourse Indebtedness (Detail) false false R43.htm 144 - Disclosure - Summary of Total Recourse and Non-Recourse Indebtedness (Parenthetical) (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureSummaryOfTotalRecourseAndNonRecourseIndebtednessParenthetical Summary of Total Recourse and Non-Recourse Indebtedness (Parenthetical) (Detail) false false R44.htm 145 - Disclosure - Indebtedness - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureIndebtednessAdditionalInformation Indebtedness - Additional Information (Detail) false false R45.htm 146 - Disclosure - Aggregate Notional Amount and Estimated Net Fair Value of Derivative Instruments (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureAggregateNotionalAmountAndEstimatedNetFairValueOfDerivativeInstruments Aggregate Notional Amount and Estimated Net Fair Value of Derivative Instruments (Detail) false false R46.htm 147 - Disclosure - Derivative Financial Instruments - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureDerivativeFinancialInstrumentsAdditionalInformation Derivative Financial Instruments - Additional Information (Detail) false false R47.htm 148 - Disclosure - Carrying Amount and Fair Value of Financial Instruments (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureCarryingAmountAndFairValueOfFinancialInstruments Carrying Amount and Fair Value of Financial Instruments (Detail) false false R48.htm 149 - Disclosure - Information of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInformationOfAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasis Information of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) false false R49.htm 150 - Disclosure - Information of Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureInformationOfAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisParenthetical Information of Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) false false R50.htm 151 - Disclosure - Fair Value of Financial Instruments - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureFairValueOfFinancialInstrumentsAdditionalInformation Fair Value of Financial Instruments - Additional Information (Detail) false false R51.htm 152 - Disclosure - Additional Information about Assets and Liabilities That Are Measured at Fair Value on Recurring Basis (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureAdditionalInformationAboutAssetsAndLiabilitiesThatAreMeasuredAtFairValueOnRecurringBasis Additional Information about Assets and Liabilities That Are Measured at Fair Value on Recurring Basis (Detail) false false R52.htm 153 - Disclosure - Fair Value Hierarchy for Financial Instruments Not Fair Valued but For Which Fair Value Is Required To Be Disclosed (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureFairValueHierarchyForFinancialInstrumentsNotFairValuedButForWhichFairValueIsRequiredToBeDisclosed Fair Value Hierarchy for Financial Instruments Not Fair Valued but For Which Fair Value Is Required To Be Disclosed (Detail) false false R53.htm 154 - Disclosure - Realized and Unrealized Gains and Losses on Assets and Liabilities (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureRealizedAndUnrealizedGainsAndLossesOnAssetsAndLiabilities Realized and Unrealized Gains and Losses on Assets and Liabilities (Detail) false false R54.htm 155 - Disclosure - Assets and Liabilities of Consolidated Variable Interest Entities (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureAssetsAndLiabilitiesOfConsolidatedVariableInterestEntities Assets and Liabilities of Consolidated Variable Interest Entities (Detail) false false R55.htm 156 - Disclosure - Assets and Liabilities of Consolidated Variable Interest Entities (Parenthetical) (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureAssetsAndLiabilitiesOfConsolidatedVariableInterestEntitiesParenthetical Assets and Liabilities of Consolidated Variable Interest Entities (Parenthetical) (Detail) false false R56.htm 157 - Disclosure - Series D Preferred Shares - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureSeriesDPreferredSharesAdditionalInformation Series D Preferred Shares - Additional Information (Detail) false false R57.htm 158 - Disclosure - Sales Activity of Series D Preferred Shares (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureSalesActivityOfSeriesDPreferredShares Sales Activity of Series D Preferred Shares (Detail) false false R58.htm 159 - Disclosure - Equity - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureEquityAdditionalInformation Equity - Additional Information (Detail) false false R59.htm 160 - Disclosure - Reconciliation of Basic and Diluted Earnings (Loss) Per Share (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureReconciliationOfBasicAndDilutedEarningsLossPerShare Reconciliation of Basic and Diluted Earnings (Loss) Per Share (Detail) false false R60.htm 161 - Disclosure - Earnings (Loss) Per Share - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureEarningsLossPerShareAdditionalInformation Earnings (Loss) Per Share - Additional Information (Detail) false false R61.htm 162 - Disclosure - Related Party Transactions - Additional Information (Detail) Sheet http://www.raitft.com/taxonomy/role/DisclosureRelatedPartyTransactionsAdditionalInformation Related Party Transactions - Additional Information (Detail) false false All Reports Book All Reports Element ras_PreferredStockDividendRate had a mix of decimals attribute values: 4 5. Element ras_StockAppreciationRights had a mix of decimals attribute values: 0 2. Element us-gaap_PreferredStockDividendsPerShareDeclared had a mix of decimals attribute values: 6 7. Process Flow-Through: 103 - Statement - Consolidated Balance Sheets Process Flow-Through: Removing column 'Mar. 31, 2012' Process Flow-Through: Removing column 'Dec. 31, 2011' Process Flow-Through: 104 - Statement - Consolidated Balance Sheets (Parenthetical) Process Flow-Through: 105 - Statement - Consolidated Statements of Operations Process Flow-Through: Removing column '1 Months Ended Mar. 15, 2013' Process Flow-Through: 106 - Statement - Consolidated Statements of Comprehensive Income (Loss) Process Flow-Through: 107 - Statement - Consolidated Statements of Cash Flows ras-20130331.xml ras-20130331.xsd ras-20130331_cal.xml ras-20130331_def.xml ras-20130331_lab.xml ras-20130331_pre.xml true true