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Investments in Partnerships - Summary of Equity Investments (Detail) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments in real estate, at cost:    
Operating properties $ 415,018 $ 414,515
Construction in progress 2,687 2,003
Total investments in real estate 417,705 416,518
Accumulated depreciation (163,474) (157,361)
Net investments in real estate 254,231 259,157
Cash and cash equivalents 12,144 9,833
Deferred costs and other assets, net 18,090 18,605
Total assets 284,465 287,595
LIABILITIES AND PARTNERS’ DEFICIT:    
Mortgage loans payable 402,046 405,297
Other liabilities 6,672 9,130
Total liabilities 408,718 414,427
Net deficit (124,253) (126,832)
Partners’ share (66,489) (67,735)
PREIT’s share (57,764) (59,097)
Excess investment 8,957 [1] 9,078 [1]
Net investments and advances (48,807) (50,019)
Investment in partnerships, at equity 15,193 14,855
Distributions in excess of partnership investments $ (64,000) $ (64,874)
[1] Excess investment represents the unamortized difference between our investment and our share of the equity in the underlying net investment in the partnerships. The excess investment is amortized over the life of the properties, and the amortization is included in “Equity in income of partnerships.”