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Investments in Unconsolidated Ventures (Details) (USD $)
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 1 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Apr. 30, 2013
Apr. 30, 2013
Sponsor
Jun. 30, 2014
PE Investment I
joint_venture
Mar. 31, 2014
PE Investment I
Jun. 30, 2013
PE Investment I
Jun. 30, 2014
PE Investment I
joint_venture
Jun. 30, 2013
PE Investment I
Dec. 31, 2013
PE Investment I
Feb. 28, 2013
PE Investment I
fund
Feb. 28, 2013
PE Investment I
NorthStar Real Estate Income Trust Inc
Cash distribution until NorthStar Entities receive a 1.5x multiple on all of their invested capital
Feb. 28, 2013
PE Investment I
NorthStar Real Estate Income Trust Inc
Remaining cash distribution
Feb. 28, 2013
PE Investment I
Class B Partner
Cash Distributions To Prior Owner Of Funds Interests Until NorthStar Receipt Of One And Half Of Invested Capital
Feb. 28, 2013
PE Investment I
Class B Partner
Cash Distributions to Prior Owner of Funds Interests Until Receipt of Remaining Capital after 30 June 2012
Feb. 28, 2013
PE Investment I
Class B Partner
Remaining cash distribution
Feb. 28, 2013
PE Investment I
Sponsor
Jun. 30, 2014
PE Investment II
Mar. 31, 2014
PE Investment II
Jun. 30, 2014
PE Investment II
Dec. 31, 2013
PE Investment II
Jun. 30, 2014
PE Investment II
Sponsor
property
Sep. 30, 2012
PE Investment II
Sponsor
Jun. 30, 2014
PE Investment II
Vintage Funds
Apr. 30, 2013
Registrant and Sponsor
Milford Plaza hotel
Jun. 30, 2014
Mezzanine loans
Dec. 31, 2013
Mezzanine loans
Jun. 30, 2014
Joint Venture
Mezzanine loans
Jun. 30, 2014
Joint Venture
Mezzanine loans
Investments in unconsolidated ventures                                                                
Number of significant unconsolidated joint ventures (investments)               1     1                                          
Amount funded at initial closing of real estate private equity                           $ 118,000,000           $ 282,100,000                        
Ownership interest held by the entity together with sponsor (as a percent)                           51.00%                                    
Ownership interest in amount funded (as a percent)                           29.50%           70.50% 15.00%   15.00%   70.00%   15.00%          
Number of real estate private equity funds contributed (funds)                           49                     24              
Cash distribution to the Class B Partner (as a percent)                             85.00% 51.00%                                
Cash distribution to the NorthStar Entities (as a percent)                                 15.00% 85.00% 49.00%                          
Multiplier factor for cash distribution to the NorthStar Entities                             1.5                                  
Cash distribution after multiplier to entity and related party (percent)                             15.00%                                  
Investments in unconsolidated ventures               86,800,000     86,800,000   94,700,000               58,000,000   58,000,000 61,900,000                
Equity in earnings (losses) of unconsolidated ventures 8,961,000 5,827,000 18,098,000 9,042,000       5,900,000   6,000,000 11,600,000 9,200,000                 2,800,000   5,700,000               200,000 200,000
Net distribution received                     19,600,000 23,700,000                     10,600,000                  
Contribution made                       7,500,000                     1,100,000                  
Private equity investment estimated future capital commitments               6,000,000     6,000,000                   2,000,000   2,000,000                  
Summarized financial information, net income (loss)                 1,600,000                                              
Summarized financial information, realized gains                 1,900,000                                              
Summarized financial information, realized losses                 2,600,000                                              
Aggregate reported net asset value                                                   910,000,000            
Amount to be paid to the Seller for all of the fund interests                                           504,800,000                    
Percentage of September 30, 2012 NAV paid as Initial Amount to Seller for all of the fund interests (percent)                                           55.00%                    
Deferred amount of reported net asset value 400,000   400,000                                   2,400,000 411,400,000 2,400,000                  
Percentage of September 30, 2012 NAV paid as Deferred Amount to Seller for all of the fund interests (percent)                                           45.00%                    
Entity's share in Deferred Amount                                             61,300,000                  
Period in which distribution will be made on priority basis since beginning, on the first day of the fiscal quarter following the closing date of each fund interest                                             2 years                  
Reduction in deferred amount as a percentage of amortization amount (percent)                                             15.00%                  
Investment percentage of distribution to seller (percent)                                             15.00%                  
Investment percentage of distribution receivable after payment of deferred amount (percent)                                             100.00%                  
Principal Amount 1,316,918,000   1,316,918,000   1,135,323,000                                               181,193,000 186,693,000 183,700,000 183,700,000
Joint venture participating mortgage loan (percent)                                                             50.00% 50.00%
Real Estate Consolidated Joint Venture Ownership Interest                                                         78.00%      
Real estate debt investments, net 1,259,805,000   1,259,805,000   1,074,773,000                                               148,332,000 154,105,000 52,000,000 52,000,000
Ownership percentage (percent)                                                       35.00%        
Ownership breakdown of total ownership (percent)           35.00% 65.00%                                                  
Realized gain on sale     $ 600,000