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Residential Real Estate (Details) (USD $)
3 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Sep. 30, 2013
Residential real estate
Sep. 30, 2013
Residential real estate
Sep. 30, 2013
Residential real estate
Building
Sep. 30, 2013
Residential real estate
Land
Sep. 30, 2013
Residential real estate
Furniture and fixtures
Sep. 30, 2013
Residential real estate
Development Assets
Other Investments                
Costs incurred for getting properties ready for intended use     $ 9,700,000 $ 31,300,000        
Depreciable Life         30 years   5 years  
Acquisition Cost     514,485,000 514,485,000 173,554,000 49,706,000 167,000 291,058,000
Cost Capitalized Subsequent to Acquisition     36,728,000 36,728,000 19,909,000   616,000 16,203,000
Accumulated Depreciation     3,191,000 3,191,000 3,086,000   105,000  
Net Book Value $ 548,022,000 $ 99,115,000 $ 548,022,000 $ 548,022,000 $ 190,377,000 $ 49,706,000 $ 678,000 $ 307,261,000