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Investment in 111 West 57th Partners LLC (Details)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2015
USD ($)
Feb. 28, 2015
USD ($)
Jun. 30, 2015
USD ($)
ft²
Jun. 30, 2014
USD ($)
Sep. 30, 2013
USD ($)
Jun. 30, 2015
USD ($)
ft²
Dec. 31, 2014
USD ($)
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  
Financing obtained for 111 W 57th     725,000,000     725,000,000  
Amount of Annaly acquisition loan repaid     230,000,000     230,000,000  
Net proceeds distributed to partners in July 2015     24,682,000     24,682,000  
Proceeds Company recd through Investment LLC     11,895,000     11,895,000  
Amount of Proceeds returned to Capital LLC     9,895,000     9,895,000  
Amount of proceeds retained by the Company     $ 2,000,000     $ 2,000,000  
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%        
Noncontrolling Interest [Line Items]              
Percentage of outstanding shares to be owned by CEO, minimum (in hundredths)     20.00%        
Equity Method Investment, Additional Capital Contributions           $ 6,911,000  
Amount Company was to contribute to Joint Venture pursuant to capital call $ 6,200,000 $ 7,500,000         $ 10,300,000
Amount of contribution to Joint Venture pursuant to capital call 400,000 $ 700,000         $ 1,500,000
Sponsor calculation of Investment LLC aggregate investment % after dilution (in hundredths)             48.00%
Area of Real Estate Property | ft²     346,000     346,000  
Subsequent Event [Line Items]              
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     378,935,000     378,935,000 $ 326,387,000
Escrow deposits     9,407,000     9,407,000 26,011,000
Other assets     49,383,000     49,383,000 16,370,000
Total assets     437,725,000     437,725,000 368,768,000
Equity Method Investment, Summarized Financial Information, Liabilities [Abstract]              
Mortgage payable     278,226,000     278,226,000 230,000,000
Other liabilities     12,072,000     12,072,000 8,319,000
Total liabilities     290,298,000     290,298,000 238,319,000
Equity:              
Total equity     147,427,000     147,427,000 130,449,000
Total liabilities and equity     437,725,000     437,725,000 $ 368,768,000
Income (Loss) [Abstract]              
Rental income     0 $ 10,000 $ 283,000 0  
Expenses     473,000 1,290,000 2,560,000 890,000  
Net income (loss)     $ (473,000) $ (1,280,000) $ (2,277,000) $ (890,000)  
Investment LLC [Member] | Capital LLC [Member]              
Investment in 111 West 57th Partners LLC [Abstract]              
Percentage of outstanding shares to be owned by CEO, minimum (in hundredths)             20.00%
Noncontrolling Interest [Line Items]              
Contribution to Investment LLC by non-controlling interest             $ 4,100,000
Percentage of outstanding shares to be owned by CEO, minimum (in hundredths)             20.00%
Terms of distributions to Capital LLC             available cash of Investment LLC will be distributed first to Capital LLC until it has received a 20% internal rate of return (calculated as provided for in the JV Agreement), second to the Company until it has received 150% of its capital, and; thereafter, available cash is split 10/90 with 10% going to Mr. R.A. Bianco as the subordinated participation interest noted and 90% going to Capital LLC and the Company pari-passu, with Capital LLC receiving one-half of its pro-rata share based on capital contributed and the Company receiving the balance.
Investment LLC [Member] | Capital LLC [Member] | Subsequent Event [Member]              
Noncontrolling Interest [Line Items]              
Contribution to Investment LLC by non-controlling interest $ 5.8