XML 24 R45.htm IDEA: XBRL DOCUMENT v3.20.1
Assets and Liabilities Measured at Fair Value on a Recurring Basis - Schedule of unobservable inputs related to Level 3 fair value measurements (Details) - Fair Value, Inputs, Level 3
Dec. 31, 2019
Dec. 31, 2018
Real Estate Properties and Joint Ventures | Discount Rate | Office | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.055 0.055
Real Estate Properties and Joint Ventures | Discount Rate | Office | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.085 0.086
Real Estate Properties and Joint Ventures | Discount Rate | Office | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.066 0.065
Real Estate Properties and Joint Ventures | Discount Rate | Industrial | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.053 0.053
Real Estate Properties and Joint Ventures | Discount Rate | Industrial | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.090 0.089
Real Estate Properties and Joint Ventures | Discount Rate | Industrial | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.067 0.068
Real Estate Properties and Joint Ventures | Discount Rate | Residential | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.053 0.055
Real Estate Properties and Joint Ventures | Discount Rate | Residential | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.078 0.078
Real Estate Properties and Joint Ventures | Discount Rate | Residential | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.064 0.065
Real Estate Properties and Joint Ventures | Discount Rate | Retail | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.053 0.050
Real Estate Properties and Joint Ventures | Discount Rate | Retail | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.117 0.107
Real Estate Properties and Joint Ventures | Discount Rate | Retail | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.066 0.064
Real Estate Properties and Joint Ventures | Discount Rate | Hotel | Discounted Cash Flow    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.100  
Real Estate Properties and Joint Ventures | Discount Rate | Hotel | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.100  
Real Estate Properties and Joint Ventures | Capitalization Rate | Office | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.040 0.040
Real Estate Properties and Joint Ventures | Capitalization Rate | Office | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.075 0.075
Real Estate Properties and Joint Ventures | Capitalization Rate | Office | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.055 0.054
Real Estate Properties and Joint Ventures | Capitalization Rate | Office | Income Approach—Direct Capitalization | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.039 0.040
Real Estate Properties and Joint Ventures | Capitalization Rate | Office | Income Approach—Direct Capitalization | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.070 0.070
Real Estate Properties and Joint Ventures | Capitalization Rate | Office | Income Approach—Direct Capitalization | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.050 0.048
Real Estate Properties and Joint Ventures | Capitalization Rate | Industrial | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.043 0.045
Real Estate Properties and Joint Ventures | Capitalization Rate | Industrial | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.081 0.073
Real Estate Properties and Joint Ventures | Capitalization Rate | Industrial | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.055 0.055
Real Estate Properties and Joint Ventures | Capitalization Rate | Industrial | Income Approach—Direct Capitalization | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.039 0.040
Real Estate Properties and Joint Ventures | Capitalization Rate | Industrial | Income Approach—Direct Capitalization | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.074 0.070
Real Estate Properties and Joint Ventures | Capitalization Rate | Industrial | Income Approach—Direct Capitalization | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.049 0.049
Real Estate Properties and Joint Ventures | Capitalization Rate | Residential | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.043 0.038
Real Estate Properties and Joint Ventures | Capitalization Rate | Residential | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.068 0.068
Real Estate Properties and Joint Ventures | Capitalization Rate | Residential | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.051 0.050
Real Estate Properties and Joint Ventures | Capitalization Rate | Residential | Income Approach—Direct Capitalization | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.038 0.033
Real Estate Properties and Joint Ventures | Capitalization Rate | Residential | Income Approach—Direct Capitalization | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.060 0.060
Real Estate Properties and Joint Ventures | Capitalization Rate | Residential | Income Approach—Direct Capitalization | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.046 0.045
Real Estate Properties and Joint Ventures | Capitalization Rate | Retail | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.048 0.043
Real Estate Properties and Joint Ventures | Capitalization Rate | Retail | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.094 0.090
Real Estate Properties and Joint Ventures | Capitalization Rate | Retail | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.054 0.053
Real Estate Properties and Joint Ventures | Capitalization Rate | Retail | Income Approach—Direct Capitalization | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.033 0.033
Real Estate Properties and Joint Ventures | Capitalization Rate | Retail | Income Approach—Direct Capitalization | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.110 0.085
Real Estate Properties and Joint Ventures | Capitalization Rate | Retail | Income Approach—Direct Capitalization | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.049 0.047
Real Estate Properties and Joint Ventures | Capitalization Rate | Hotel | Discounted Cash Flow    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.078  
Real Estate Properties and Joint Ventures | Capitalization Rate | Hotel | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.078  
Real Estate Properties and Joint Ventures | Capitalization Rate | Hotel | Income Approach—Direct Capitalization    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.075  
Real Estate Properties and Joint Ventures | Capitalization Rate | Hotel | Income Approach—Direct Capitalization | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Real Estate Properties and Joint Ventures 0.075  
Loans Payable | Loan-to-Value Ratio | Residential | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.302 0.319
Loans Payable | Loan-to-Value Ratio | Residential | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.690 0.636
Loans Payable | Loan-to-Value Ratio | Residential | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.478 0.481
Loans Payable | Loan-to-Value Ratio | Residential | Net Present Value | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.302 0.319
Loans Payable | Loan-to-Value Ratio | Residential | Net Present Value | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.690 0.636
Loans Payable | Loan-to-Value Ratio | Residential | Net Present Value | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.478 0.481
Loans Payable | Loan-to-Value Ratio | Retail | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.333 0.319
Loans Payable | Loan-to-Value Ratio | Retail | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.633 0.553
Loans Payable | Loan-to-Value Ratio | Retail | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.411 0.393
Loans Payable | Loan-to-Value Ratio | Retail | Net Present Value | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.333 0.319
Loans Payable | Loan-to-Value Ratio | Retail | Net Present Value | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.633 0.553
Loans Payable | Loan-to-Value Ratio | Retail | Net Present Value | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.411 0.393
Loans Payable | Loan-to-Value Ratio | Office and Industrial | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.316 0.364
Loans Payable | Loan-to-Value Ratio | Office and Industrial | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.595 0.678
Loans Payable | Loan-to-Value Ratio | Office and Industrial | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.463 0.476
Loans Payable | Loan-to-Value Ratio | Office and Industrial | Net Present Value | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.316 0.364
Loans Payable | Loan-to-Value Ratio | Office and Industrial | Net Present Value | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.595 0.678
Loans Payable | Loan-to-Value Ratio | Office and Industrial | Net Present Value | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.463 0.476
Loans Payable | Equivalency Rate | Residential | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.030 0.034
Loans Payable | Equivalency Rate | Residential | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.036 0.046
Loans Payable | Equivalency Rate | Residential | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.033 0.041
Loans Payable | Equivalency Rate | Retail | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.033 0.043
Loans Payable | Equivalency Rate | Retail | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.040 0.053
Loans Payable | Equivalency Rate | Retail | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.035 0.045
Loans Payable | Equivalency Rate | Office and Industrial | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.031 0.039
Loans Payable | Equivalency Rate | Office and Industrial | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.043 0.062
Loans Payable | Equivalency Rate | Office and Industrial | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 0.034 0.046
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Residential | Net Present Value | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.20 1.10
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Residential | Net Present Value | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.70 1.40
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Residential | Net Present Value | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.30 1.20
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Retail | Net Present Value | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.20 1.10
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Retail | Net Present Value | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.50 1.30
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Retail | Net Present Value | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.30 1.20
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Office and Industrial | Net Present Value | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.20 1.20
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Office and Industrial | Net Present Value | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.50 1.40
Loans Payable | Weighted Average Cost of Capital Risk Premium Multiple | Office and Industrial | Net Present Value | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Payable 1.30 1.30
Loans Receivable | Loan-to-Value Ratio | Residential, Industrial, Office, Retail and Storage | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties   0.708
Loans Receivable | Loan-to-Value Ratio | Residential, Industrial, Office, Retail and Storage | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties   0.792
Loans Receivable | Loan-to-Value Ratio | Residential, Industrial, Office, Retail and Storage | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties   0.756
Loans Receivable | Equivalency Rate | Residential, Industrial, Office, Retail and Storage | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties   0.060
Loans Receivable | Equivalency Rate | Residential, Industrial, Office, Retail and Storage | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties   0.083
Loans Receivable | Equivalency Rate | Residential, Industrial, Office, Retail and Storage | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties   0.069
Loans Receivable, including those with related parties | Loan-to-Value Ratio | Residential, Hotel, Industrial, Office, Retail and Storage | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties 0.317  
Loans Receivable, including those with related parties | Loan-to-Value Ratio | Residential, Hotel, Industrial, Office, Retail and Storage | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties 0.815  
Loans Receivable, including those with related parties | Loan-to-Value Ratio | Residential, Hotel, Industrial, Office, Retail and Storage | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties 0.725  
Loans Receivable, including those with related parties | Equivalency Rate | Residential, Hotel, Industrial, Office, Retail and Storage | Discounted Cash Flow | Minimum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties 0.032  
Loans Receivable, including those with related parties | Equivalency Rate | Residential, Hotel, Industrial, Office, Retail and Storage | Discounted Cash Flow | Maximum    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties 0.084  
Loans Receivable, including those with related parties | Equivalency Rate | Residential, Hotel, Industrial, Office, Retail and Storage | Discounted Cash Flow | Weighted Average    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Loans Receivable, including those with related parties 0.060