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Segment Reporting - Additional Information (Detail) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Segment Reporting Information [Line Items]      
Investments in real estate, Book Value $ 1,840,451us-gaap_RealEstateInvestmentPropertyAtCost $ 1,131,931us-gaap_RealEstateInvestmentPropertyAtCost $ 1,015,581us-gaap_RealEstateInvestmentPropertyAtCost
IRT      
Segment Reporting Information [Line Items]      
Investments in real estate, Book Value $ 689,112us-gaap_RealEstateInvestmentPropertyAtCost
/ us-gaap_RelatedPartyTransactionAxis
= ras_IndependenceRealtyTrustIncMember
$ 190,096us-gaap_RealEstateInvestmentPropertyAtCost
/ us-gaap_RelatedPartyTransactionAxis
= ras_IndependenceRealtyTrustIncMember