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Investment in 111 West 57th Partners LLC (Details) (USD $)
0 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2014
sqft
Agreement
Jun. 30, 2014
sqft
Agreement
Dec. 31, 2013
Investment in 111 West 57th Partners LLC [Abstract]        
Amount of the investment   $ 56,000,000 $ 56,000,000  
Percentage ownership (in hundredths)   59.00% 59.00%  
Additional indirect contribution   1,250,000 1,250,000  
Additional ownership acquired through indirect contribution (in hundredths)   1.30% 1.30%  
Additional contributions made by other partners in the agreement   37,750,000 37,750,000  
Description of partnership agreement distribution     The JV Agreement and related operating agreements generally provide that all distributable cash shall be distributed as follows: (i) first, 100% to the members in proportion to their percentage interests until Investment LLC has received distributions yielding a 20% internal rate of return as calculated; (ii) second, 100% to the Sponsor as a return of (but not a return on) any additional capital contributions made by the Sponsor on account of manager overruns; and (iii) thereafter, (a) 50% to the members in proportion to their respective percentage interests at the time of such distribution, and (b) fifty percent 50% to the Sponsor.  
Subordinated participation interest to CEO (in hundredths)   10.00% 10.00%  
Percentage of distribution on company's initial investment to be received prior to CEO receiving percentage distribution (in hundredths)   150.00%    
Initial aggregate investment in Investment LLC   57,250,000 57,250,000  
Percentage of outstanding shares to be owned by CEO, minimum (in hundredths)   20.00%    
Number of purchase agreements   3 3  
Area of Real Estate Property   346,000 346,000  
Additional capital the Company contributed to Joint Venture for deposit into inclusionary air rights reserve in March 2014   1,086,000 1,086,000  
Subsequent Event [Line Items]        
Additional capital contributed to Joint Venture in June 2014     5,595,000  
Additional capital contributed to Joint Venture in July 2014     5,842,000  
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity   867,000 867,000  
Equity Method Investment, Summarized Financial Information, Assets [Abstract]        
Real estate held for development, net   288,486,000 288,486,000 263,312,000
Escrow deposits   31,322,000 31,322,000 43,100,000
Other assets   15,975,000 15,975,000 18,062,000
Total assets   335,783,000 335,783,000 324,474,000
Equity Method Investment, Summarized Financial Information, Liabilities [Abstract]        
Mortgage payable   230,000,000 230,000,000 230,000,000
Other liabilities   5,276,000 5,276,000 2,767,000
Total liabilities   235,276,000 235,276,000 232,767,000
Equity:        
Total equity   100,507,000 100,507,000 91,707,000
Total liabilities and equity   335,783,000 335,783,000 324,474,000
Income (Loss) [Abstract]        
Rental income 15,000 10,000 283,000  
Expenses 35,000 1,290,000 2,560,000  
Net income (loss) $ (20,000) $ (1,280,000) $ (2,277,000)