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Note 5 - Dispositions of Real Estate (Details Textual)
$ in Millions
1 Months Ended 2 Months Ended 12 Months Ended
Oct. 31, 2021
Dec. 31, 2021
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
[2]
Disposal Group, Including Discontinued Operation, Consideration   $ 612.4 [1] $ 612.4 [1] $ 31.8 $ 344.7
Equity Method Investments   $ 1,000.0 1,000.0 $ 590.7  
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, Net of Tax, Attributable to Noncontrolling Interest     3.0    
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation     2.2    
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]          
Proceeds from Sale of Real Estate, Total     32.5    
Gains (Losses) on Sales of Investment Real Estate     $ 4.3    
Joint Venture with BREIT [Member]          
Equity Method Investment, Ownership Percentage   50.00% 50.00%    
Equity Method Investments   $ 130.1 $ 130.1    
Non-recouse Mortgage Debt Related to Property Deconsolidated [Member]          
Debt Instrument, Increase (Decrease), Net, Total   $ (170.0) (170.0)    
Jamestown [Member]          
Number of Real Estate Properties, Interest Disposed of or Transferred   6      
Disposal Group, Including Discontinued Operation, Consideration   $ 425.8 $ 425.8    
Deconsolidation, Gain (Loss), Amount   $ 0.4      
Jamestown [Member]          
Business Acquisition, Percentage of Voting Interests Acquired 70.00%        
Number of Real Estate Properties, Remaining Interest Acquired 6        
[1] During 2021, the Company purchased its partner’s 70.0% remaining interest in Jamestown Portfolio, which is comprised of six property interests. The Company then entered into a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) in which it contributed these six properties for a gross sales price of $425.8 million, including $170.0 million of non-recourse mortgage debt. As a result, the Company no longer consolidates these six property interests and recognized a loss on change in control of interests of $0.4 million. The Company has a 50.0% investment in this joint venture ($130.1 million as of the date of deconsolidation), included in Investments in and advances to real estate joint ventures on the Company’s Consolidated Balance Sheets.
[2] Includes the sale of a land parcel at a development project located in Dania Beach, FL for a sales price of $32.5 million, which resulted in a gain of $4.3 million.