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Summary of Significant Accounting Policies - Investments in Unconsolidated Entities (Details) - Equity Method Investments - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]          
Equity method investment $ 63,100,000   $ 63,100,000   $ 67,600,000
RB Development Holding Company, LLC (1) (RBDHC)          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 0.00%   0.00%   63.00%
Income (loss) from investments $ 0 $ (27,000) $ 107,000 $ 8,000  
Equity method investment $ 0   $ 0   $ 1,927,000
RB Multifamily Investors LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 0.00%   0.00%   70.00%
Income (loss) from investments $ 1,000 1,680,000 $ 2,262,000 2,827,000  
Equity method investment $ 0   $ 0   $ 56,891,000
Morrocroft Neighborhood Stabilization Fund II, LP          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 11.00%   11.00%   13.00%
Income (loss) from investments $ 234,000 0 $ 591,000 9,000  
Equity method investment $ 10,579,000   $ 10,579,000   $ 8,753,000
Evergreens JV Holdings, LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 85.00%   85.00%   0.00%
Income (loss) from investments $ 10,000 0 $ 10,000 0  
Equity method investment $ 3,700,000   $ 3,700,000   $ 0
Bent Tree JV Holdings, LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 78.00%   78.00%   0.00%
Income (loss) from investments $ 100,000 0 $ 100,000 0  
Equity method investment $ 9,780,000   $ 9,780,000   $ 0
Summerchase LR Partners LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 80.00%   80.00%   0.00%
Income (loss) from investments $ 10,000 0 $ 10,000 0  
Equity method investment $ 4,360,000   $ 4,360,000   $ 0
Lake Mary Realty Partners, LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 80.00%   80.00%   0.00%
Income (loss) from investments $ 20,000 0 $ 20,000 0  
Equity method investment $ 10,350,000   $ 10,350,000   $ 0
The Preserve at Port Royal Venture, LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 77.00%   77.00%   0.00%
Income (loss) from investments $ 100,000 0 $ 100,000 0  
Equity method investment $ 11,910,000   $ 11,910,000   $ 0
WR Savannah Holdings, LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 90.00%   90.00%   0.00%
Income (loss) from investments $ 60,000 $ 0 $ 60,000 0  
Equity method investment $ 12,340,000   $ 12,340,000   $ 0
RB Distressed Investors LLC          
Schedule of Equity Method Investments [Line Items]          
Ownership Interest 9.00%   9.00%   0.00%
Income (loss) from investments $ 0   $ 0 $ 0  
Equity method investment $ 36,000   $ 36,000   $ 0