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Real Estate and Accumulated Depreciation (Detail) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Stonecrest
Multi Family
Dec. 31, 2013
Pine Tree
Office
Dec. 31, 2013
Mandalay Bay
Multi Family
Dec. 31, 2013
1501 Yamato Road
Office
Dec. 31, 2013
Willow Grove
Land
Dec. 31, 2013
Cherry Hill
Land
Dec. 31, 2013
Reuss
Office
Dec. 31, 2013
McDowell
Office
Dec. 31, 2013
Crestmont
Multi Family
Dec. 31, 2013
Copper Mill
Multi Family
Dec. 31, 2013
Cumberland
Multi Family
Dec. 31, 2013
Heritage Trace
Multi Family
Dec. 31, 2013
Oyster Point
Multi Family
Dec. 31, 2013
Tuscany Bay
Multi Family
Dec. 31, 2013
Corey Landings
Land
Dec. 31, 2013
Sharpstown Mall
Retail
Dec. 31, 2013
Belle Creek Apartments
Multi Family
Dec. 31, 2013
Willows
Multi Family
Dec. 31, 2013
Regency Meadows
Multi Family
Dec. 31, 2013
Executive Center
Office
Dec. 31, 2013
Remington
Multi Family
Dec. 31, 2013
Desert Wind
Multi Family
Dec. 31, 2013
Eagle Ridge
Multi Family
Dec. 31, 2013
Emerald Bay
Multi Family
Dec. 31, 2013
Grand Terrace
Multi Family
Dec. 31, 2013
Las Vistas
Multi Family
Dec. 31, 2013
Penny Lane
Multi Family
Dec. 31, 2013
Sandal Ridge
Multi Family
Dec. 31, 2013
Long Beach Promenade
Office
Dec. 31, 2013
Murrells Retail Associates
Retail
Dec. 31, 2013
Preserve @ Colony Lakes
Multi Family
Dec. 31, 2013
English Aire/Lafayette Landing
Multi Family
Dec. 31, 2013
Tresa at Arrowhead
Multi Family
Dec. 31, 2013
Madison Park & Southgreen
Multi Family
Dec. 31, 2013
Mineral Business Center
Office
Dec. 31, 2013
Blair Mill
Office
Dec. 31, 2013
Ventura
Multi Family
Dec. 31, 2013
Lexington /Trails at Northpointe
Multi Family
Dec. 31, 2013
Silversmith
Multi Family
Dec. 31, 2013
Tiffany Square
Office
Dec. 31, 2013
Vista Lago
Multi Family
Dec. 31, 2013
Centrepoint
Multi Family
Dec. 31, 2013
Regency Manor
Multi Family
Dec. 31, 2013
Four Resource Square
Office
Dec. 31, 2013
Somervale Apartments
Multi Family
Dec. 31, 2013
Augusta Apartments
Multi Family
Dec. 31, 2013
South Plaza
Retail
Dec. 31, 2013
Del Aire
Land
Dec. 31, 2013
Cardinal Motel
Land
Dec. 31, 2013
Treasure Island Resort
Land
Dec. 31, 2013
Sunny Shores Resort
Land
Dec. 31, 2013
MGS Gift Shop
Land
Dec. 31, 2013
Saxony Inn
Land
Dec. 31, 2013
Beachcomber Beach Resort
Land
Dec. 31, 2013
UBS Tower
Office
Dec. 31, 2013
May's Crossing
Retail
Dec. 31, 2013
Runaway Bay
Multi Family
Dec. 31, 2013
South Terrace
Multi Family
Dec. 31, 2013
River Park West
Multi Family
Dec. 31, 2013
Berkshire
Multi Family
Dec. 31, 2013
Crossings
Multi Family
Real Estate and Accumulated Depreciation [Line Items]                                                                                                                                
Location       Birmingham, AL Cherry Hill, NJ Austin, TX Boca Raton, FL Willow Grove, PA Cherry Hill, NJ Milwaukee, WI Scottsdale, AZ Marietta, GA [1] Austin, TX [1] Smyrna, GA [1] Newport News, VA [1] Newport News, VA Orlando, FL St. Pete Beach, FL Houston, TX Henderson, CO [1] Las Vegas, NV Las Vegas, NV Milwaukee, WI Tampa, FL Phoenix, AZ Colton, CA Las Vegas, NV Colton, CA Phoenix, AZ Mesa, AZ Mesa, AZ Long Beach, CA Myrtle Beach, SC Stafford, TX Austin, TX Phoenix, AZ [1] Indianapolis, IN Denver, CO Willow Grove, PA Gainesville, FL Jackson, MS Jacksonville, FL Colorado Springs, CO Kendall, FL Tucson, AZ [1] Miami, FL Charlotte, NC Miami Gardens, FL Las Vegas, NV Nashville, TN Daytona Beach, FL Daytona Beach, FL Daytona Beach, FL Daytona Beach, FL Daytona Beach, FL Daytona Beach, FL Daytona Beach, FL St. Paul, MN Round Rock, TX Indianapolis, IN [2] Durham, NC Houston, TX Indianapolis, IN [2] Jackson, MS [2]
Initial Cost, Land $ 233,820     $ 5,858 $ 1,980 $ 5,363 $ 8,200 $ 307 $ 307 $ 4,080 $ 9,803 $ 3,207 [1] $ 3,420 [1] $ 3,194 [1] $ 2,642 [1] $ 3,920 $ 7,002 $ 21,595 $ 6,737 $ 1,890 [1] $ 2,184 $ 1,875 $ 1,581 $ 4,273 $ 2,520 $ 3,198 $ 6,500 $ 4,619 $ 2,440 $ 1,540 $ 1,980 $ 860 $ 0 $ 6,720 $ 3,440 $ 7,080 [1] $ 1,260 $ 1,940 $ 2,280 $ 1,913 $ 4,522 $ 1,048 $ 2,400 $ 0 $ 5,620 [1] $ 2,320 $ 4,060 $ 5,420 $ 6,180 $ 4,480 $ 1,188 $ 884 $ 6,230 $ 3,379 $ 409 $ 1,653 $ 10,300 $ 3,660 $ 1,820 $ 3,079 [2] $ 4,210 $ 6,000 $ 2,650 [2] $ 4,600 [2]
Initial Cost, Building 797,243     23,433 7,920 21,453 32,800 0 0 36,720 55,523 12,828 [1] 13,681 [1] 12,776 [1] 10,568 [1] 15,680 28,009 0 26,948 7,562 [1] 8,737 7,499 6,324 17,092 10,080 12,792 26,000 18,477 9,760 6,160 7,920 3,440 2,500 26,880 13,760 28,320 [1] 5,040 7,760 9,120 7,650 18,086 4,191 9,600 10,500 22,480 [1] 9,280 16,240 5,575 24,720 17,920 0 0 0 0 0 0 0 13,715 7,133 12,318 [2] 32,434 23,572 10,319 [2] 17,948 [2]
Cost of Improvements, net of Retirements, Land 1,232     (31) 0 99 0 0 0 10 5 47 [1] 52 [1] (94) [1] 31 [1] 47 122 0 (1) 0 [1] 0 0 (51) 0 0 0 0 0 0 0 0 0 0 0 0 0 [1] 0 0 0 0 0 0 996 0 0 [1] 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 [2] 0 0 0 [2] 0 [2]
Cost of Improvements, net of Retirements, Building 99,636     (105) 1,397 810 5,146 0 0 19,537 5,877 442 [1] 623 [1] 698 [1] 543 [1] 615 1,167 2,786 7,111 403 [1] 64 327 2,867 2,902 202 534 637 497 377 287 489 200 8,486 650 2,076 533 [1] 1,031 401 476 490 842 486 2,569 641 435 [1] 562 148 19,298 252 518 3 3 110 38 1 0 7 2,787 0 192 [2] 147 11 7 [2] 3 [2]
Gross Carrying Amount, Land 235,052 [3]     5,827 [3] 1,980 [3] 5,462 [3] 8,200 [3] 307 [3] 307 [3] 4,090 [3] 9,808 [3] 3,254 [1],[3] 3,472 [1],[3] 3,100 [1],[3] 2,673 [1],[3] 3,967 [3] 7,124 [3] 21,595 [3] 6,736 [3] 1,890 [1],[3] 2,184 [3] 1,875 [3] 1,530 [3] 4,273 [3] 2,520 [3] 3,198 [3] 6,500 [3] 4,619 [3] 2,440 [3] 1,540 [3] 1,980 [3] 860 [3] 0 [3] 6,720 [3] 3,440 [3] 7,080 [1],[3] 1,260 [3] 1,940 [3] 2,280 [3] 1,913 [3] 4,522 [3] 1,048 [3] 3,396 [3] 0 [3] 5,620 [1],[3] 2,320 [3] 4,060 [3] 5,420 [3] 6,180 [3] 4,480 [3] 1,188 [3] 884 [3] 6,230 [3] 3,379 [3] 409 [3] 1,653 [3] 10,300 [3] 3,660 [3] 1,820 [3] 3,079 [2],[3] 4,210 [3] 6,000 [3] 2,650 [2],[3] 4,600 [2],[3]
Gross Carrying Amount, Building 896,879 [3]     23,328 [3] 9,317 [3] 22,263 [3] 37,946 [3] 0 [3] 0 [3] 56,257 [3] 61,400 [3] 13,270 [1],[3] 14,304 [1],[3] 13,474 [1],[3] 11,111 [1],[3] 16,295 [3] 29,176 [3] 2,786 [3] 34,059 [3] 7,965 [1],[3] 8,801 [3] 7,826 [3] 9,191 [3] 19,994 [3] 10,282 [3] 13,326 [3] 26,637 [3] 18,974 [3] 10,137 [3] 6,447 [3] 8,409 [3] 3,640 [3] 10,986 [3] 27,530 [3] 15,836 [3] 28,853 [1],[3] 6,071 [3] 8,161 [3] 9,596 [3] 8,140 [3] 18,928 [3] 4,677 [3] 12,169 [3] 11,141 [3] 22,915 [1],[3] 9,842 [3] 16,388 [3] 24,873 [3] 24,972 [3] 18,438 [3] 3 [3] 3 [3] 110 [3] 38 [3] 1 [3] 0 [3] 7 [3] 16,502 [3] 7,133 [3] 12,510 [2],[3] 32,581 [3] 23,583 [3] 10,326 [2],[3] 17,951 [2],[3]
Accumulated Depreciation - Building (127,745) (97,392) (69,372) (4,217) (1,440) (4,308) (5,686) 0 0 (17,774) (11,084) (2,129) [1] (2,326) [1] (2,180) [1] (1,811) [1] (3,138) (5,648) 0 (5,799) (1,123) [1] (1,422) (1,302) (1,408) (3,601) (1,619) (2,159) (4,198) (2,996) (1,629) (1,049) (1,386) (532) (1,682) (3,962) (2,825) (3,455) [1] (916) (1,165) (1,323) (1,185) (2,566) (771) (1,631) (1,281) (2,272) [1] (1,070) (1,635) (1,954) (2,127) (1,479) 0 0 0 0 0 0 0 (757) (376) (377) [2] (542) (328) (65) [2] (37) [2]
Encumbrances (Unpaid Principal) $ (1,035,912)     $ (26,069) [4] $ (10,174) [5] $ (27,852) [6] $ (55,420) [7] $ 0 $ 0 $ (35,692) [8] $ (74,195) [8] $ (6,698) [1],[9] $ (7,293) [1],[9] $ (6,846) [1],[9] $ (5,457) [1],[9] $ (17,133) [8] $ (29,721) [8] $ 0 $ (52,962) [8] $ (10,575) [1],[8] $ (11,800) [8] $ (10,270) [8] $ (11,750) [8] $ (24,750) [8] $ (12,635) [8] $ (16,994) [8] $ (27,947) [8] $ (23,847) [8] $ (12,540) [8] $ (9,784) [8] $ (11,852) [8] $ (5,225) [8] $ (29,200) [8] $ (33,719) [10] $ (18,000) [8] $ (27,500) [1],[8] $ (7,520) [8] $ (11,300) [8] $ (11,246) [8] $ (8,872) [8] $ (26,084) [8] $ (9,441) [8] $ (16,086) [8] $ (14,972) [8] $ (17,600) [1],[9] $ (11,500) [8] $ (22,654) [8] $ (34,041) [8] $ (35,000) [8] $ (23,160) [8] $ (1,455) [8] $ (1,083) [8] $ (11,077) [8] $ (4,323) [8] $ (520) [8] $ (2,594) [8] $ (12,649) [8] $ (18,500) [8] $ (8,600) [8] $ (10,222) [2],[9] $ (33,404) [8] $ (19,500) [9] $ (8,612) [2],[9] $ 0 [2]
Year of Acquisition       2008 2010 2008 2009 2001 2001 2004 2007 2008 [1] 2008 [1] 2008 [1] 2008 [1] 2008 2008 2009 2009 2009 [1] 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 2009 [1] 2009 2009 2010 2010 2010 2010 2010 2010 2010 [1] 2010 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2011 2012 2012 2012 [2] 2013 2013 2013 [2] 2013 [2]
Life of Depreciation       30 years 30 years 30 years 30 years     30 years 30 years 40 years [1] 40 years [1] 40 years [1] 40 years [1] 30 years 30 years   30 years 40 years [1] 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 40 years [1] 30 years 30 years 30 years 30 years 30 years 30 years 30 years 30 years 40 years [1] 30 years 30 years 30 years 30 years 30 years               30 years 30 years 40 years [2] 30 years 30 years 40 years [2] 40 years [2]
[1] During 2012 and 2011, these properties were acquired by our subsidiary, Independence Realty Trust, Inc.
[2] These properties were acquired in the year of acquisition, as noted in the table above, by our subsidiary, Independence Realty Trust, Inc.
[3] The aggregate cost basis for federal income tax purposes of our investments in real estate approximates the carrying amount at December 31, 2013.
[4] Of these encumbrances, $18,944 is held by third parties and $7,125 is held by RAIT I.
[5] Of these encumbrances, $8,561 is held by third parties and $1,613 is held by RAIT.
[6] Of these encumbrances, $12,876 is held by third parties and $14,976 is held by Taberna IX and RAIT II.
[7] Of these encumbrances, $22,920 is held by third parties and $32,500 is held by RAIT I.
[8] These encumbrances are held by our consolidated securitizations, RAIT I, RAIT II, Taberna VIII, or Taberna IX.
[9] These encumbrances are held entirely by third parties.
[10] Of these encumbrances, $25,694 is held by third parties and $8,025 is held by RAIT I.