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Ratio of the net operating income produced by an asset and its capital cost (original prices paid to buy the asset), used as an input to measure fair value.

+ References

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- Definition

Interest rate used to find the present value of an amount to be paid or received in the future as an input to measure fair value. For example, but not limited to, weighted average cost of capital (WACC), cost of capital, cost of equity and cost of debt.

+ References

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- Definition

Amount of gain (loss) recognized in earnings, arising from assets measured at fair value on a recurring basis using unobservable inputs (level 3).

+ References

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- Definition

Purchases that have taken place during the period in relation to assets measured at fair value and categorized within Level 3 of the fair value hierarchy.

+ References

+ Details

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- Definition

This element represents an asset measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 157

-Paragraph 32

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

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- Definition

Holding period of investments.

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No definition available.

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- Definition

No authoritative reference available.

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No definition available.

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- Definition

This element represents Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Realized Gain (Loss) Included In Earnings.

+ References

No definition available.

+ Details

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- Definition

The amount of excess fair value of investments over it's cost.

+ References

No definition available.

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- Definition

Number of investments made by the fund during the year

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No definition available.

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- Definition

This element represents the real estate assets related to the fund

+ References

No definition available.

+ Details

Name:	vrlp_RealEstateFundNondepreciableRealEstate
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Data Type:	xbrli:monetaryItemType
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Fair Value Measurements (Details 1) (USD $) In Thousands, unless otherwise specified			3 Months Ended		6 Months Ended					3 Months Ended		6 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Jun. 30, 2013 Real Estate Funds [Member]	Jun. 30, 2012 Real Estate Funds [Member]	Jun. 30, 2013 Real Estate Funds [Member] Investments	Jun. 30, 2012 Real Estate Funds [Member]	Jun. 30, 2013 Real Estate Funds [Member] Minimum [Member]	Jun. 30, 2013 Real Estate Funds [Member] Maximum [Member]	Jun. 30, 2013 Real Estate Funds [Member] Weighted Average [Member]	Jun. 30, 2013 Deferred Compensation Plan Asset [Member]	Jun. 30, 2012 Deferred Compensation Plan Asset [Member]	Jun. 30, 2013 Deferred Compensation Plan Asset [Member]	Jun. 30, 2012 Deferred Compensation Plan Asset [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Number Of Investments Made By Fund					10
Real Estate Fund Nondepreciable Real Estate	$ 622,124	$ 600,786	$ 622,124		$ 622,124
Excess of fair value over cost			114,751		114,751
Fair Value Inputs Holding Period							0 years 1 month 6 days	7 years 0 months 0 days
Unobservable Quantitative Input [Abstract]
Discount rates							12.50%	19.00%	14.30%
Terminal capitalization rates							5.30%	6.00%	5.80%
Beginning Balance			571,306	324,514	600,786	346,650				65,010	58,881	62,631	56,221
Purchases			17,225	44,592	30,893	44,592				440	155	3,147	3,766
Sales			0	0	(56,664)	(31,052)				(1,748)	(616)	(4,445)	(4,011)
Unrealized gains			33,593	21,135	47,109	27,979
Realized and unrealized gains										2,782	(123)	4,136	2,269
Other, Net			0	(1,786)	0	286				18	16	1,033	68
Ending Balance			$ 622,124	$ 388,455	$ 622,124	$ 388,455				$ 66,502	$ 58,313	$ 66,502	$ 58,313