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Debt - Additional Information (Detail) (USD $)
1 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2012
acre
Dec. 31, 2011
Dec. 31, 2010
Sep. 28, 2012
Line of Credit Facility [Line Items]          
Loss recognized on extinguishment of debt   $ 4,448,000      
Acquisition of outstanding stock of Credo         100.00%
Business acquisition cost         146,445,000
Payment for outstanding debt 8,770,000        
Debt 294,063,000 294,063,000 221,587,000    
Amount of Indebtedness Decreased Due to Sale of Light   30,991,000      
Area of consolidated venture light farms project   800      
Unamortized deferred financing fees 6,508,000 6,508,000 8,364,000    
Amortization of deferred financing fees   2,922,000 2,881,000 4,106,000  
Debt Maturities 2013 8,683,000 8,683,000      
Debt Maturities 2014 17,792,000 17,792,000      
Debt Maturities 2015 64,046,000 64,046,000      
Debt Maturities 2016 2,125,000 2,125,000      
Debt Maturities 2017 201,417,000 201,417,000      
Debt Maturities thereafter 0 0      
Austin [Member]
         
Line of Credit Facility [Line Items]          
Guest room hotel 413 413      
Multifamily project 289 289      
Austin [Member] | Maximum [Member]
         
Line of Credit Facility [Line Items]          
Multifamily loan in construction financing 19,548,000 19,548,000      
Houston [Member]
         
Line of Credit Facility [Line Items]          
Multifamily project 401 401      
Credo [Member]
         
Line of Credit Facility [Line Items]          
Acquisition of outstanding stock of Credo 100.00% 100.00%     100.00%
Purchase price of acquisitions, per share amount $ 14.50 $ 14.50     $ 14.50
Term Loans [Member]
         
Line of Credit Facility [Line Items]          
Transaction cost funded 70,000,000        
Secured Debt [Member] | Austin [Member]
         
Line of Credit Facility [Line Items]          
Debt 15,400,000 15,400,000      
Secured Promissory Notes [Member]
         
Line of Credit Facility [Line Items]          
Debt 34,171,000 34,171,000 41,900,000    
Secured Promissory Notes [Member] | Austin [Member]
         
Line of Credit Facility [Line Items]          
Debt 18,771,000 18,771,000      
Carrying value of multifamily project to secure non recourse loan 19,992,000 19,992,000      
Carrying value of property to secure borrowing 30,057,000 30,057,000      
Other Indebtedness [Member]
         
Line of Credit Facility [Line Items]          
Debt 15,892,000 15,892,000 49,687,000    
Carrying value of property to secure borrowing 65,545,000 65,545,000      
Amount of Indebtedness Decreased Due to Sale of Multifamily project   26,500,000      
Amount of Indebtedness Decreased Due to Sale of Light   30,991,000      
Senior Secured Credit Facility [Member]
         
Line of Credit Facility [Line Items]          
Borrow at LIBOR after Amendment 4.00% 4.00%      
Borrow at LIBOR before Amendment 4.50% 4.50%      
Eliminated LIBOR Rate 2.00%        
Interest coverage ratio 1.05        
Interest coverage ratio 1.50        
Incurred fee related to amendment 5,486,000        
Loss recognized on extinguishment of debt 4,448,000        
Borrow at Libor 4.00% 4.00%      
Percentage Of Variable Spread On Base Rate   3.00%      
Percentage Of Spread On Federal Funds Effective Rate   0.50%      
Debt Instrument Basis Spread Over Variable Rate 1.00% 1.00%      
Senior Secured Credit Facility [Member] | Letter of Credit [Member]
         
Line of Credit Facility [Line Items]          
Ratio of value of assets in the borrowing base to the aggregate commitments under the facility 1.50 1.50      
Senior Secured Credit Facility [Member] | Revolving Credit Facility [Member]
         
Line of Credit Facility [Line Items]          
Maturity period of revolving line of credit Sep. 14, 2015        
Revolving Line of Credit [Member]
         
Line of Credit Facility [Line Items]          
Transaction cost funded 35,000,000        
Revolving Line of Credit [Member] | Letter of Credit [Member]
         
Line of Credit Facility [Line Items]          
Sublimit for letters of credit outstanding 2,807,000 2,807,000      
Revolving Line of Credit [Member] | Senior Secured Credit Facility [Member]
         
Line of Credit Facility [Line Items]          
Maximum borrowing capacity under term Loan facility 200,000,000 200,000,000      
Net unused borrowing capacity 153,193,000 153,193,000      
Revolving Line of Credit [Member] | Sublimit For Letters Of Credit [Member]
         
Line of Credit Facility [Line Items]          
Sublimit for letters of credit under line of credit facility 100,000,000 100,000,000      
Term Loan Facility [Member] | Senior Secured Credit Facility [Member]
         
Line of Credit Facility [Line Items]          
Debt 200,000,000 200,000,000 130,000,000    
Maturity period of revolving line of credit Sep. 14, 2017        
Maximum borrowing capacity under term Loan facility 200,000,000 200,000,000      
Debt $ 200,000,000 $ 200,000,000 $ 130,000,000