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Operating Real Estate (Details) (USD $)
6 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Business Acquisition [Line Items]    
Document Fiscal Year Focus 2014  
Real Estate Investment Property, Net [Abstract]    
Principal Amount $ 783,479,000 $ 638,182,000
Ownership (percentage) 99.98%  
Student Housing
   
Real Estate Investment Property, Net [Abstract]    
Number of Properties (property) 2  
Cost 44,700,000  
Contribution of equity for properties 11,700,000  
Ownership (percentage) 80.00%  
Non-recourse Mortgage | Student Housing
   
Real Estate Investment Property, Net [Abstract]    
Number of debt instruments assumed 3  
Principal Amount $ 29,100,000