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Investments in Unconsolidated Joint Ventures (Tables)
 12 Months Ended
Dec. 31, 2015
Investments In Unconsolidated Joint Ventures [Abstract]  
Investments In Unconsolidated Joint Ventures
The investments in unconsolidated joint ventures consist of the following at December 31, 2015 and 2014:
 
 
 
 
 
 
Carrying Value of Investment (1)
Entity
 
Properties
 
Nominal %
Ownership
 
December 31,
2015
 
December 31,
2014
 
 
 
 
 
 
(in thousands)
Square 407 Limited Partnership
 
Market Square North
 
50.0
%
 
$
(9,951
)
 
$
(8,022
)
The Metropolitan Square Associates LLC
 
Metropolitan Square
 
51.0
%
 
9,179

 
8,539

BP/CRF 901 New York Avenue LLC
 
901 New York Avenue
 
25.0
%
(2) 
(11,958
)
 
(1,080
)
WP Project Developer LLC
 
Wisconsin Place Land and Infrastructure
 
33.3
%
(3) 
43,524

 
45,514

Annapolis Junction NFM, LLC
 
Annapolis Junction
 
50.0
%
(4)
29,009

 
25,246

540 Madison Venture LLC
 
540 Madison Avenue
 
60.0
%
 
68,983

 
68,128

500 North Capitol LLC
 
500 North Capitol Street, NW
 
30.0
%
 
(3,292
)
 
(2,250
)
501 K Street LLC
 
1001 6th Street
 
50.0
%
(5)
42,584

 
41,736

Podium Developer LLC
 
The Hub on Causeway
 
50.0
%
 
18,508

 
4,231

1265 Main Office JV LLC
 
1265 Main Street
 
50.0
%
 
11,916

 
N/A

BNY Tower Holdings LLC
 
Dock72 at the Brooklyn Navy Yard
 
50.0
%
 
11,521

 
N/A

 
 
 
 
 
 
$
210,023

 
$
182,042

 _______________
(1)
Investments with deficit balances aggregating approximately $25.2 million and $11.4 million at December 31, 2015 and 2014, respectively, have been reflected within Other Liabilities on the Company's Consolidated Balance Sheets.
(2)
The Company’s economic ownership has increased based on the achievement of certain return thresholds.
(3)
The Company’s wholly-owned entity that owns the office component of the project also owns a 33.3% interest in the entity owning the land, parking garage and infrastructure of the project.
(4)
The joint venture owns four in-service buildings and two undeveloped land parcels.
(5)
Under the joint venture agreement, the partner may be entitled to up to two additional payments from the venture based on increases in total square footage of the project above 520,000 square feet and achieving certain project returns at stabilization.
Schedule Of Balance Sheets Of The Unconsolidated Joint Ventures [Text Block]
The combined summarized balance sheets of the Company’s unconsolidated joint ventures are as follows: 
 
December 31,
2015
 
December 31,
2014
 
(in thousands)
ASSETS
 
 
 
Real estate and development in process, net
$
1,072,412

 
$
1,034,552

Other assets
256,055

 
264,097

Total assets
$
1,328,467

 
$
1,298,649

LIABILITIES AND MEMBERS’/PARTNERS’ EQUITY
 
 
 
Mortgage and notes payable
$
833,895

 
$
830,075

Other liabilities
44,549

 
34,211

Members’/Partners’ equity
450,023

 
434,363

Total liabilities and members’/partners’ equity
$
1,328,467

 
$
1,298,649

Company’s share of equity
$
237,070

 
$
209,828

Basis differentials (1)
(27,047
)
 
(27,786
)
Carrying value of the Company’s investments in unconsolidated joint ventures (2)
$
210,023

 
$
182,042

 _______________
(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.
(2)
Investments with deficit balances aggregating approximately $25.2 million and $11.4 million at December 31, 2015 and 2014, respectively, have been reflected within Other Liabilities on the Company's Consolidated Balance Sheets.
Statements Of Operations Of The Joint Ventures
The combined summarized statements of operations of the Company’s joint ventures are as follows: 
 
For the year ended December 31,
 
2015
 
2014
 
2013
 
(in thousands)
Total revenue (1)
$
155,642

 
$
158,161

 
$
311,548

Expenses
 
 
 
 
 
Operating
65,093

 
62,974

 
105,319

Depreciation and amortization
36,057

 
37,041

 
86,088

Total expenses
101,150

 
100,015

 
191,407

Operating income
54,492

 
58,146

 
120,141

Other income (expense)
 
 
 
 
 
Interest expense
(32,176
)
 
(31,896
)
 
(112,535
)
Losses from early extinguishments of debt
—

 
—

 
(1,677
)
Income from continuing operations
22,316

 
26,250

 
5,929

Gains on sales of real estate
—

 
—

 
14,207

Net income
$
22,316

 
$
26,250

 
$
20,136

 
 
 
 
 
 
Company’s share of net income
$
22,031

(2)
$
11,913

 
$
4,612

Gains on sales of real estate
—

 
—

 
54,501

Basis differential
739

 
856

 
(1,017
)
Elimination of inter-entity interest on partner loan
—

 
—

 
16,978

Income from unconsolidated joint ventures
$
22,770

 
$
12,769

 
$
75,074

Gains on consolidation of joint ventures
$
—

 
$
—

 
$
385,991

_______________ 
(1)
Includes straight-line rent adjustments of $3.9 million, $3.0 million and $7.8 million for the years ended December 31, 2015, 2014 and 2013, respectively. Includes net above-/below-market rent adjustments of $(0.2) million, $(0.1) million and $33.7 million for the years ended December 31, 2015, 2014 and 2013, respectively.
(2)
During the year ended December 31, 2015, the Company received a distribution of approximately $24.5 million, which was generated from the excess loan proceeds from the refinancing of 901 New York Avenue’s mortgage loan to a new 10-year mortgage loan totaling $225.0 million.  The Company’s allocation of income and distributions for the year ended December 31 2015 was not proportionate to its nominal ownership interest as a result of the achievement of specified investment return thresholds, as provided for in the joint venture agreement.