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Investments in Partnerships - Summary of Equity Investments (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]          
Total assets $ 628,560   $ 628,560   $ 558,346
Investments in real estate, at cost:          
Operating properties 670,634   670,634   654,024
Construction in progress 86,569   86,569   41,919
Total investments in real estate 757,203   757,203   695,943
Accumulated depreciation (193,353)   (193,353)   (190,100)
Net investments in real estate 563,850   563,850   505,843
Cash and cash equivalents 24,085   24,085   15,229
Deferred costs and other assets, net 40,625   40,625   37,274
Total assets 628,560   628,560   558,346
LIABILITIES AND PARTNERS’ INVESTMENT:          
Mortgage loans payable 419,599   419,599   383,190
Other liabilities 36,666   36,666   34,314
Total liabilities 456,265   456,265   417,504
Net investment 172,295   172,295   140,842
Partners’ share 89,685   89,685   74,663
PREIT’s share 82,610   82,610   66,179
Excess investment [1] 7,839   7,839   8,747
Net investments and advances 90,449   90,449   74,926
Investment in partnerships, at equity 155,129   155,129   140,882
Distributions in excess of partnership investments (64,680)   (64,680)   (65,956)
Lehigh Valley Associates, LP [Member]          
Schedule of Equity Method Investments [Line Items]          
Total assets 52,161   52,161   51,703
Equity Method Investment, Summarized Financial Information, Mortgages Payable 130,272   130,272   131,394
Equity Method Investment, Summarized Financial Information, Revenue 8,960 $ 9,061 17,904 $ 18,096  
Equity Method Investment, Summarized Financial Information, Property Operating Expenses (2,537) (2,455) (5,017) (5,219)  
Equity Method Investment, Summarized Financial Information, Interest Expense (1,931) (1,964) (3,871) (3,935)  
Equity Method Investment, Summarized Financial Information, Net Income (Loss) 3,858 3,836 7,319 7,082  
Equity Method Investment, Summarized Financial Information, Share of Equity in Income of Partnership 1,929 $ 1,918 3,659 $ 3,541  
Investments in real estate, at cost:          
Total assets $ 52,161   $ 52,161   $ 51,703
Lehigh Valley Associates, LP [Member]          
Schedule of Equity Method Investments [Line Items]          
Equity Method Investment, Ownership Percentage 50.00%   50.00%    
[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.”