Net Gain on Disposition of Partial Interests in Rental Properties (Tables)

9 Months Ended

Oct. 31, 2013

Net Gain on Disposition of Partial Interests in Rental Properties [Abstract]

Schedule of Net Gain on Disposition of Partial Interests in Rental Properties [Table Text Block]

The net gain on disposition of partial interests in rental properties is comprised of the following:

	Three Months Ended October 31,				Nine Months Ended October 31,
	2013		2012		2013		2012
	(in thousands)
QIC Joint Venture	$	381,627	$	—	$	381,627	$	—
New York Retail Joint Venture	109,533		—		114,465		—
	$	491,160	$	—	$	496,092	$	—

Changes to Consolidated Balance Sheet due to Joint Venture transaction [Table Text Block]

The September 2013 QIC Joint Venture transaction, which resulted in the deconsolidation of the seven regional retail properties, inclusive of the Company's acquisition of noncontrolling interests, resulted in the following increases (decreases) to the Consolidated Balance Sheet financial statement line items (in thousands):

Assets
Real estate, net	$	(920,602	)
Cash and equivalents	315,147
Restricted cash and escrowed funds	(4,326		)
Notes and accounts receivable, net	(23,201		)
Investments in and advances to unconsolidated entities	22,571
Other assets	(90,098		)
Total Assets	$	(700,509	)
Liabilities
Mortgage debt and notes payable, nonrecourse	$	(979,448	)
Accounts payable, accrued expenses and other liabilities	(17,446		)
Total Liabilities	$	(996,894	)
Equity
Additional paid-in capital	$	(89,644	)
Retained earnings	381,627
Noncontrolling interest	4,402
Total Equity	296,385
Total Liabilities and Equity	$	(700,509	)