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Organization, Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
General terms and operating partnership's equity interests
The following table summarizes the general terms and Operating Partnership's equity interests in the Funds and Mervyns I and II (dollars in millions):
Entity
Formation Date
Operating Partnership Share of Capital
Fund Size
 
Capital Called as of December 31, 2016 (a)
 
Unfunded Commitment
Equity Interest Held By Operating Partnership
Preferred Return
Total Distributions as of December 31, 2016 (e)
Fund I and Mervyns I (a)
9/2001
22.22%
$
90.0

 
$
86.6

 
$
—

37.78%
9%
$
194.5

Fund II and
   Mervyns II (b) (c)
6/2004
28.33%
300.0

 
347.1

 
—

28.33%
8%
131.6

Fund III (d)
5/2007
24.54%
502.5

 
387.5

 
62.5

39.63%
6%
445.7

Fund IV
5/2012
23.12%
540.6

 
179.4

 
361.2

23.12%
6%
101.9

Fund V
8/2016
20.10%
520.1

 
—

 
520.1

20.10%
6%
—

__________

(a)
As of December 31, 2015, Fund I had been liquidated.
(b)
During 2013, a distribution of $47.1 million was made to the Fund II investors, including the Operating Partnership. This amount was subject to recontribution to Fund II until December 2016, and was recontributed during 2016.
(c)
During 2016, the Company acquired an additional 8.3% interest in Fund II from a limited partner for $18.4 million, giving the Operating Partnership an aggregate 28.33% interest.
(d)
During 2015, the Company acquired an additional 4.6% interest in Fund III from a limited partner for $7.3 million, giving the Operating Partnership an aggregate 24.54% interest.
(e)
Represents the total for the Funds, including the Operating Partnership and noncontrolling interests' shares.