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Debt and Preferred Equity Investments (Details 2) (USD $)
12 Months Ended 1 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2012
Preferred equity investments
Dec. 31, 2011
Preferred equity investments
Dec. 31, 2012
Preferred equity with initial mandatory redemption on July, 2016
Dec. 31, 2011
Preferred equity with initial mandatory redemption on July, 2016
Dec. 31, 2012
Preferred equity with initial mandatory redemption on April, 2016
Dec. 31, 2012
Preferred equity with initial mandatory redemption of October 2014
Dec. 31, 2012
Preferred equity with initial mandatory redemption on July, 2014
Feb. 29, 2012
Preferred equity with initial mandatory redemption on July, 2014
Dec. 31, 2011
Preferred equity with initial mandatory redemption on July, 2014
Jun. 30, 2012
Preferred equity with initial mandatory redemption on August, 2012
Dec. 31, 2011
Preferred equity with initial mandatory redemption on August, 2012
Preferred equity investment                              
Aggregate weighted average current yield (as a percent)         10.12%                    
Senior Financing $ 2,899,673,000       $ 1,533,347,000   $ 926,260,000   $ 57,087,000 $ 70,000,000 $ 480,000,000        
Carrying Value, Net of Discounts         340,885,000   210,918,000 203,080,000 19,136,000 10,000,000 100,831,000   141,980,000   51,000,000
Loan loss reserve (7,000,000) (50,175,000) (61,361,000) (93,844,000)   (31,050,000)                  
Carrying Value after deduction of loan loss reserves 1,357,203,000 985,942,000       365,010,000                  
Junior preferred equity loan                       50,000,000      
Committed additional capital contribution funded                 $ 6,500,000            
Acquisition of interest (as a percent)                           100.00%