XML 61 R46.htm IDEA: XBRL DOCUMENT v3.19.1
REAL ESTATE AND OTHER AFFILIATES (Narrative) (Details)
3 Months Ended 12 Months Ended
Mar. 31, 2019
USD ($)
entity
Jun. 30, 2018
USD ($)
Mar. 31, 2015
USD ($)
item
Dec. 31, 2018
USD ($)
entity
Real Estate and Other Affiliates        
Investment in real estate and other affiliates $ 106,800,000     $ 102,287,000
Number of variable interest entities in which entity is primary beneficiary | entity 6     6
Carrying values of the assets associated with the operations of the consolidated VIEs $ 241,700,000     $ 190,600,000
Carrying values of the liabilities associated with the operations of the consolidated VIEs $ 111,500,000     99,800,000
USAA Joint Venture        
Real Estate and Other Affiliates        
Contribution of property   $ 33,600,000    
Fair value of property contributed   85,000,000    
Joint venture capital obligations   $ 42,700,000    
Equity ownership in joint venture   33.00%    
Preferred return on capital   9.00%    
Ownership interest 90.00%      
The Summit        
Real Estate and Other Affiliates        
Preferred return on capital     5.00%  
Cash distribution entitlement by the joint venture | item     2  
Equity Method Investments | The Summit        
Real Estate and Other Affiliates        
Contribution of property     $ 13,400,000  
SID bonds transferred to joint venture     1,300,000  
Transaction value of land contributed to joint venture     125,400,000  
Transactional value per acre of land contributed to joint venture     226,000  
Maximum contribution required to joint venture by co-venturer     $ 30,000,000.0  
Unconsolidated Properties        
Real Estate and Other Affiliates        
Secured debt real estate affiliates $ 202,000,000      
Share of entity in secured debt $ 96,400,000      
USAA | USAA Joint Venture        
Real Estate and Other Affiliates        
Capital contribution to joint venture   $ 64,000,000    
Joint venture capital obligations   $ 105,600,000    
Preferred return on capital   9.00%    
Ownership interest 10.00%      
Preferred return on capital of cash distribution   11.11%    
Seaport District | Equity Method Investments | Mr. C Seaport        
Real Estate and Other Affiliates        
Investment in real estate and other affiliates $ 8,088,000     $ 8,721,000
Wacker110 N | Operating Assets        
Real Estate and Other Affiliates        
Recourse percentage 18.00%      
Facility amount $ 9,000,000