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Investments in Unconsolidated Joint Ventures (Balance Sheets of the Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Real estate and development in process, net $ 15,555,641 $ 15,688,744
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Mortgage and notes payable 3,438,714 4,309,484
Other liabilities 483,601 502,255
Total liabilities and equity / capital 18,379,456 19,886,767
Carrying value of the Company's investments in unconsolidated joint ventures 235,224 193,394
Unconsolidated Joint Ventures [Member]    
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 equity / capital 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
Unconsolidated Joint Ventures [Member]    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Carrying value of the Company's investments in unconsolidated joint ventures $ (25,200) $ (11,400)
[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.