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Loans Receivable (Details Textual) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Loans Receivable (Textual) [Abstract]          
Loans receivable accrued interest $ 793,000   $ 793,000   $ 500,000
Cumulative accretion of loans receivable 1,833,000   1,833,000   9,914,000
Unrecognized unamortized discount 11,561,000   11,561,000   8,399,000
Weighted average coupon rate on loans receivable     7.07%   5.99%
Weighted average yield to maturity     11.02%   12.64%
Non recourse secured financings 29,150,000   29,150,000   29,150,000
Interest rate, description     LIBOR plus 3%    
Non performing loans 0   0   0
Past due payments 0   0   0
Provision for loan loss $ 0 $ 0 $ 0 $ 0  
Mezzanine [Member]
         
Loans Receivable (Textual) [Abstract]          
Libor floor     2.00%    
Mezzanine [Member] | 127 West 25th Street [Member]
         
Loans Receivable (Textual) [Abstract]          
Interest rate, description     Greater of 14.0% or LIBOR + 10%.    
Whole Loan [Member]
         
Loans Receivable (Textual) [Abstract]          
Libor floor     3.00%