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Segment Reporting (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Summary of Net Property Operations Income by Segment          
Rental income $ 92,975 $ 91,620 $ 283,157 $ 277,936  
Straight line adjustment 930 1,763 3,143 4,526  
Tenant recovery income 15,055 16,669 50,396 53,459  
Other property income 1,819 2,114 6,766 5,501  
Lodging income 231,044 156,670 696,587 446,791  
Total income 341,823 268,836 1,040,049 788,213  
Operating expenses 197,375 143,713 585,393 411,686  
Net operating income 144,448 125,123 454,656 376,527  
Non allocated expenses (100,563) [1] (88,389) [2] (288,003) [2] (264,998) [2]  
Other income and expenses 1,418 [3] (29,747) [3] (57,253) [3] (85,380) [3]  
Equity in loss of unconsolidated entities (2,089) [4] (2,471) [4] 4,843 [5] 5,005 [5]  
Provision for asset impairment (2,337) [6] (39,942) [7] (80,281) [8] (225,009) [9]  
Net income (loss) from continuing operations 40,877 (35,426) 33,962 (193,855)  
Net income from discontinued operations 11,683 272,967 158,577 403,136  
Less: net income attributable to noncontrolling interests (8) (8) (16) (16)  
Net income attributable to Company 52,552 237,533 192,523 209,265  
Total assets 8,281,773   8,281,773   9,662,464
Real Estate Assets, Net 6,021,773 [10]   6,021,773 [10]    
Non-Segmented Assets 2,260,000 [11]   2,260,000 [11]    
Capital Expenditures     41,124    
Retail [Member]
         
Summary of Net Property Operations Income by Segment          
Rental income 50,671 51,180 152,971 162,977  
Straight line adjustment 1,579 1,038 3,942 4,380  
Tenant recovery income 14,064 15,108 45,433 48,801  
Other property income 663 1,271 3,467 3,196  
Total income 66,977 68,597 205,813 219,354  
Operating expenses 21,630 21,691 65,872 69,529  
Net operating income 45,347 46,906 139,941 149,825  
Provision for asset impairment   (11,723)   (21,179)  
Provision for asset impairment, properties affected   3   4  
Real Estate Assets, Net 2,084,705   2,084,705    
Capital Expenditures     12,865    
Lodging [Member]
         
Summary of Net Property Operations Income by Segment          
Rental income 0 0 0 0  
Straight line adjustment 0 0 0 0  
Tenant recovery income 0 0 0 0  
Other property income 0 0 0 0  
Lodging income 231,044 156,670 696,587 446,791  
Total income 231,044 156,670 696,587 446,791  
Operating expenses 160,534 110,264 481,025 311,931  
Net operating income 70,510 46,406 215,562 134,860  
Provision for asset impairment (1,667) [6] (26,175) (4,665) (26,175)  
Provision for asset impairment, properties affected 1 2 2 2  
Real Estate Assets, Net 2,616,032   2,616,032    
Capital Expenditures     26,388    
Student Housing [Member]
         
Summary of Net Property Operations Income by Segment          
Rental income 17,587 15,022 51,896 38,360  
Straight line adjustment 17 154 193 261  
Tenant recovery income 134 114 400 347  
Other property income 1,119 768 3,119 2,009  
Total income 18,857 16,058 55,608 40,977  
Operating expenses 11,564 7,360 25,636 17,138  
Net operating income 7,293 8,698 29,972 23,839  
Real Estate Assets, Net 622,158   622,158    
Capital Expenditures     231    
Non Core [Member]
         
Summary of Net Property Operations Income by Segment          
Rental income 24,717 25,418 78,290 76,599  
Straight line adjustment (666) 571 (992) (115)  
Tenant recovery income 857 1,447 4,563 4,311  
Other property income 37 75 180 296  
Total income 24,945 27,511 82,041 81,091  
Operating expenses 3,647 4,398 12,860 13,088  
Net operating income 21,298 23,113 69,181 68,003  
Provision for asset impairment (670) [6] (2,044) (75,616) (177,655)  
Provision for asset impairment, properties affected 1 4 5 11  
Real Estate Assets, Net 698,878   698,878    
Capital Expenditures     $ 1,640    
[1] Non-allocated expenses consists of general and administrative expenses and depreciation and amortization.
[2] Non-allocated expenses consists of general and administrative expenses, Business Manager management fee and depreciation and amortization.
[3] Other income and expenses consists of gain on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on sale of marketable securities, net, and income tax expense.
[4] Equity in loss of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
[5] Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
[6] Total provision for asset impairment included $1,667 related to one lodging property and $670 related to one non-core property.
[7] Total provision for asset impairment included $26,175 related to two lodging properties, $11,723 related to three retail properties and $2,044 related to four non-core properties.
[8] Total provision for asset impairment included $4,665 related to two lodging properties and $75,616 related to five non-core properties.
[9] Total provision for asset impairment included $26,175 related to two lodging properties, $21,179 related to four retail properties and $177,655 related to eleven non-core properties.
[10] Real estate assets includes intangible assets, net of amortization.
[11] Construction in progress is included as non-segmented assets.