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Loans and Other Lending Investments, net (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Loans and other lending investments          
Total gross carrying value of loans $ 2,848,924,000 [1]   $ 2,848,924,000 [1]   $ 3,491,596,000 [1]
Reserve for loan losses (563,786,000) (701,228,000) (563,786,000) (701,228,000)  
Total carrying value of loans 2,285,138,000   2,285,138,000   2,844,972,000
Other lending investments-securities 15,672,000   15,672,000   15,790,000
Total loans and other lending investments, net 2,300,810,000   2,300,810,000   2,860,762,000
Recorded investment in loans 2,859,344,000   2,859,344,000   3,504,861,000
Accrued interest 10,400,000   10,400,000   13,300,000
Fundings under existing loan commitments     23,877,000 39,772,000  
Amount received from principal repayments     322,045,000 798,274,000  
Carrying value of loans sold     53,900,000    
Gross gain on sale realized     6,400,000    
Charge-offs related to loans sold     3,300,000    
Changes in the Company's reserve for loan losses          
Reserve for loan losses at beginning of period 567,179,000 804,070,000 646,624,000 814,625,000  
Provision for loan losses 26,531,000 10,350,000 44,031,000 21,230,000  
Charge-offs (29,924,000) (113,192,000) (126,869,000) (134,627,000)  
Reserve for loan losses at end of period 563,786,000 701,228,000 563,786,000 701,228,000  
Non-performing Loans
         
Loans and other lending investments          
Mortgage loans gross carrying value 229,000,000   229,000,000    
Recorded charge-offs on mortgage loans     43,200,000    
Senior mortgages
         
Loans and other lending investments          
Total gross carrying value of loans 2,237,764,000 [1]   2,237,764,000 [1]   2,801,213,000 [1]
Recorded investment in loans 2,243,285,000   2,243,285,000    
Subordinate mortgages
         
Loans and other lending investments          
Total gross carrying value of loans 149,735,000 [1]   149,735,000 [1]   211,491,000 [1]
Recorded investment in loans 150,629,000   150,629,000    
Corporate/Partnership loans
         
Loans and other lending investments          
Total gross carrying value of loans 461,425,000 [1]   461,425,000 [1]   478,892,000 [1]
Recorded investment in loans $ 465,430,000   $ 465,430,000    
[1] The Company's recorded investment in loans as of June 30, 2012 and December 31, 2011 was $2.86 billion and $3.50 billion, respectively, which consists of total gross carrying value of loans plus accrued interest of $10.4 million and $13.3 million, for the same two periods, respectively.