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Equity Investments - Summarized Balance Sheets of Real Estate Investments (Detail) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Jun. 30, 2012
Dec. 31, 2011
ASSETS        
Cash and cash equivalents $ 186,132 $ 97,682 $ 43,959 $ 40,952
TOTAL ASSETS 950,310 923,163    
LIABILITIES AND MEMBERS' CAPITAL        
TOTAL LIABILITIES AND EQUITY 950,310 923,163    
Vintage Housing LLC [Member]
       
ASSETS        
Real estate, net 351,320 340,666    
Cash and cash equivalents 6,002 6,555    
Receivables and other assets 78,468 68,559    
TOTAL ASSETS 435,790 415,780    
LIABILITIES AND MEMBERS' CAPITAL        
Mortgage and notes payable 314,844 298,654    
Other liabilities 50,963 53,687    
Non-controlling interests 18,976 15,997    
Members' Capital 51,007 47,442    
TOTAL LIABILITIES AND EQUITY 435,790 415,780    
Carrying value of the Trust's investment in Vintage Housing 32,886 30,534    
RE CDO Management LLC [Member]
       
ASSETS        
Cash and cash equivalents 156 123    
Loan receivable 1,050 1,070    
Receivables and other assets 933 2,400    
TOTAL ASSETS 2,139 3,593    
LIABILITIES AND MEMBERS' CAPITAL        
Other liabilities 18 36    
Members' Capital 2,121 3,557    
TOTAL LIABILITIES AND EQUITY 2,139 3,593    
Carrying value of the Trust's investment in Vintage Housing $ 1,061 $ 1,779