XML 23 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments In Unconsolidated Joint Ventures (Balance Sheets Of The Unconsolidated Joint Ventures) (Details) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Schedule of Equity Method Investments [Line Items]    
Real estate and development in process, net $ 11,352,574 $ 10,746,486
Mortgage and Notes payable 2,946,760 3,123,267
Other liabilities 324,826 293,515
Total liabilities and members'/partners' equity 14,212,857 14,782,966
Carrying value of the Company's investments in unconsolidated joint ventures 667,377 669,722
Unconsolidated Joint Ventures [Member]
   
Schedule of Equity Method Investments [Line Items]    
Real estate and development in process, net 4,536,222 4,542,594
Other assets 658,851 668,113
Total assets 5,195,073 5,210,707
Mortgage and Notes payable 3,001,945 2,988,894
Other liabilities 829,981 854,257
Members'/Partners' equity 1,363,147 1,367,556
Total liabilities and members'/partners' equity 5,195,073 5,210,707
Company's share of equity 796,668 799,479
Basis differentials (129,291) [1] (129,757) [1]
Carrying value of the Company's investments in unconsolidated joint ventures $ 667,377 $ 669,722
[1] This amount represents the aggregate difference between the Company's historical cost basis and the basis reflected at the joint venture level, which is typically amortized over the life of the related assets and liabilities. Basis differentials occur from impairment of investments and upon the transfer of assets that were previously owned by the Company into a joint venture. In addition, certain acquisition, transaction and other costs may not be reflected in the net assets at the joint venture level.