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Loans and Other Lending Investments, net (Details 5) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Investment in impaired loans          
Recorded Investment $ 1,335,766,000 [1]   $ 1,335,766,000 [1]   $ 1,583,631,000 [1]
Unpaid Principal Balance 1,330,924,000 [1]   1,330,924,000 [1]   1,577,370,000 [1]
Related Allowance (506,986,000) [1]   (506,986,000) [1]   (573,124,000) [1]
Loans modified through troubled debt restructurings 205,500,000   205,500,000   255,300,000
Average Recorded Investment 1,359,375,000 2,125,468,000 1,434,127,000 2,188,126,000  
Interest Income Recognized 3,069,000 31,023,000 4,796,000 34,196,000  
Senior mortgages
         
Investment in impaired loans          
Recorded Investment 1,211,963,000 [1]   1,211,963,000 [1]   1,488,450,000 [1]
Unpaid Principal Balance 1,207,079,000 [1]   1,207,079,000 [1]   1,481,807,000 [1]
Related Allowance (470,617,000) [1]   (470,617,000) [1]   (540,670,000) [1]
Average Recorded Investment 1,221,650,000 2,020,471,000 1,310,583,000 2,093,270,000  
Interest Income Recognized 2,993,000 30,737,000 4,640,000 33,707,000  
Subordinate mortgages
         
Investment in impaired loans          
Recorded Investment 53,109,000 [1]   53,109,000 [1]   22,480,000 [1]
Unpaid Principal Balance 52,881,000 [1]   52,881,000 [1]   22,558,000 [1]
Related Allowance (27,309,000) [1]   (27,309,000) [1]   (22,480,000) [1]
Average Recorded Investment 65,659,000 25,624,000 51,266,000 17,083,000  
Interest Income Recognized 0 0 0 0  
Corporate/Partnership loans
         
Investment in impaired loans          
Recorded Investment 70,694,000 [1]   70,694,000 [1]   72,701,000 [1]
Unpaid Principal Balance 70,964,000 [1]   70,964,000 [1]   73,005,000 [1]
Related Allowance (9,060,000) [1]   (9,060,000) [1]   (9,974,000) [1]
Average Recorded Investment 72,066,000 79,373,000 72,278,000 77,773,000  
Interest Income Recognized 76,000 286,000 156,000 489,000  
With no related allowance recorded
         
Investment in impaired loans          
Recorded Investment 164,066,000 [1]   164,066,000 [1]   229,598,000 [1]
Unpaid Principal Balance 163,725,000 [1]   163,725,000 [1]   228,772,000 [1]
Related Allowance 0 [1]   0 [1]   0 [1]
Average Recorded Investment 190,147,000 362,208,000 203,297,000 379,796,000  
Interest Income Recognized 1,799,000 28,820,000 2,206,000 29,906,000  
With no related allowance recorded | Senior mortgages
         
Investment in impaired loans          
Recorded Investment 153,956,000 [1]   153,956,000 [1]   219,488,000 [1]
Unpaid Principal Balance 153,565,000 [1]   153,565,000 [1]   218,612,000 [1]
Related Allowance 0 [1]   0 [1]   0 [1]
Average Recorded Investment 180,037,000 352,098,000 193,187,000 369,686,000  
Interest Income Recognized 1,799,000 28,620,000 2,206,000 29,586,000  
With no related allowance recorded | Corporate/Partnership loans
         
Investment in impaired loans          
Recorded Investment 10,110,000 [1]   10,110,000 [1]   10,110,000 [1]
Unpaid Principal Balance 10,160,000 [1]   10,160,000 [1]   10,160,000 [1]
Related Allowance 0 [1]   0 [1]   0 [1]
Average Recorded Investment 10,110,000 10,110,000 10,110,000 10,110,000  
Interest Income Recognized 0 200,000 0 320,000  
With an allowance recorded
         
Investment in impaired loans          
Recorded Investment 1,171,700,000 [1]   1,171,700,000 [1]   1,354,033,000 [1]
Unpaid Principal Balance 1,167,199,000 [1]   1,167,199,000 [1]   1,348,598,000 [1]
Related Allowance (506,986,000) [1]   (506,986,000) [1]   (573,124,000) [1]
Average Recorded Investment 1,169,228,000 1,763,260,000 1,230,830,000 1,808,330,000  
Interest Income Recognized 1,270,000 2,203,000 2,590,000 4,290,000  
With an allowance recorded | Senior mortgages
         
Investment in impaired loans          
Recorded Investment 1,058,007,000 [1]   1,058,007,000 [1]   1,268,962,000 [1]
Unpaid Principal Balance 1,053,514,000 [1]   1,053,514,000 [1]   1,263,195,000 [1]
Related Allowance (470,617,000) [1]   (470,617,000) [1]   (540,670,000) [1]
Average Recorded Investment 1,041,613,000 1,668,373,000 1,117,396,000 1,723,584,000  
Interest Income Recognized 1,194,000 2,117,000 2,434,000 4,121,000  
With an allowance recorded | Subordinate mortgages
         
Investment in impaired loans          
Recorded Investment 53,109,000 [1]   53,109,000 [1]   22,480,000 [1]
Unpaid Principal Balance 52,881,000 [1]   52,881,000 [1]   22,558,000 [1]
Related Allowance (27,309,000) [1]   (27,309,000) [1]   (22,480,000) [1]
Average Recorded Investment 65,659,000 25,624,000 51,266,000 17,083,000  
Interest Income Recognized 0 0 0 0  
With an allowance recorded | Corporate/Partnership loans
         
Investment in impaired loans          
Recorded Investment 60,584,000 [1]   60,584,000 [1]   62,591,000 [1]
Unpaid Principal Balance 60,804,000 [1]   60,804,000 [1]   62,845,000 [1]
Related Allowance (9,060,000) [1]   (9,060,000) [1]   (9,974,000) [1]
Average Recorded Investment 61,956,000 69,263,000 62,168,000 67,663,000  
Interest Income Recognized $ 76,000 $ 86,000 $ 156,000 $ 169,000  
[1] All of the Company's non-accrual loans are considered impaired and included in the table above. In addition, as of June 30, 2012 and December 31, 2011, certain loans modified through troubled debt restructurings with a recorded investment of $205.5 million and $255.3 million, respectively, are also included as impaired loans in accordance with GAAP although they are performing and on accrual status.