Aggregate Fair Value of Awards on Grant Date

No definition available.

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- Definition

Aggregate Fair Value Per Share Based On Monte Carlo Simulation

+ References

No definition available.

+ Details

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- Definition

Share Based Compensation Arrangements By Share Based Payment Award Options [Line Items]

+ References

No definition available.

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- Definition

Stock Beta Of Restricted Stock Unit Awards

+ References

No definition available.

+ Details

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- Definition

The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- Definition

The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(ii)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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- Definition

The risk-free interest rate assumption that is used in valuing an option on its own shares.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iv)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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Share Based Compensation (Assumptions Used in Monte Carlo Simulations Used to Determine Aggregate Fair Values) (Detail) $ / shares in Units, $ in Millions	10 Months Ended	12 Months Ended
	Feb. 27, 2013 shares	Dec. 31, 2015 USD ($) $ / shares shares	Feb. 26, 2015	Dec. 31, 2014 USD ($) $ / shares shares	Feb. 26, 2014	Dec. 31, 2013 USD ($) $ / shares
Share Based Compensation Arrangements By Share Based Payment Award Options [Line Items]
Aggregate Fair Value Of Awards On Grant Date		$ 0.6		$ 0.5		$ 0.6
Restricted Share Unit [Member]
Share Based Compensation Arrangements By Share Based Payment Award Options [Line Items]
RSUs granted \| shares	112,898	94,014		127,353
Aggregate Fair Value Of Awards On Grant Date		$ 2.1		$ 2.2		$ 2.0
Aggregate Fair Value Per Share Based On Monte Carlo Simulation \| $ / shares		$ 22.06		$ 17.56		$ 17.40
Volatility	44.70%		25.30%		37.70%
Risk free interest rate	0.36%		0.97%		0.68%
PREIT Stock Beta compared to Dow Jones US Real Estate Index	1.472		1.221		1.492