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Investment in Unconsolidated Affiliated Real Estate Entity (Unaudited Condensed Income Statement) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Schedule of Equity Method Investments [Line Items]    
Company's equity earnings $ (35)us-gaap_IncomeLossFromEquityMethodInvestments $ (135)us-gaap_IncomeLossFromEquityMethodInvestments
1407 Broadway Mezz II, LLC [Member]    
Schedule of Equity Method Investments [Line Items]    
Total revenue 10,257us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
9,982us-gaap_EquityMethodInvestmentSummarizedFinancialInformationRevenue
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
Property operating expenses 7,239cik1296884_EquityMethodInvestmentSummarizedFinancialInformationPropertyOperatingExpenses
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
8,008cik1296884_EquityMethodInvestmentSummarizedFinancialInformationPropertyOperatingExpenses
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
Depreciation and amortization 2,022cik1296884_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
1,666cik1296884_EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
Operating income 996cik1296884_EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
308cik1296884_EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
Interest expense and other, net (1,135)cik1296884_EquityMethodInvestmentSummarizedFinancialInformationNonoperatingIncomeExpense
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
(709)cik1296884_EquityMethodInvestmentSummarizedFinancialInformationNonoperatingIncomeExpense
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
Net loss (139)us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
(401)us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
Company's equity earnings $ (35)us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember
$ (135)us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis
= cik1296884_FourteenZeroSevenBroadwayMezzIiLlcMember