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Equity Investments - Summarized Statements of Operations of Real Estate Equity Investments (Detail) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]        
Interest, dividends and discount accretion $ 3,917,000 $ 3,722,000 $ 13,545,000 $ 15,018,000
Expenses        
Interest expense 5,435,000 4,416,000 18,175,000 11,560,000
Real estate taxes 1,705,000 1,160,000 4,184,000 3,116,000
General and administrative 1,113,000 782,000 3,058,000 2,447,000
Vintage Housing Holding LLC [Member]
       
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]        
Total revenue 11,048,000 10,328,000 32,451,000 30,928,000
Expenses        
Operating 4,649,000 4,254,000 13,952,000 12,250,000
Real estate taxes 128,000 139,000 397,000 442,000
Interest 485,000 1,503,000 1,480,000 4,824,000
Depreciation and amortization 446,000 978,000 1,137,000 6,605,000
Other expenses 1,453,000 1,323,000 4,176,000 4,048,000
Total expenses 7,161,000 8,197,000 21,142,000 28,169,000
Net income (loss) 3,887,000 2,131,000 11,309,000 2,759,000
Loss attributable to non-controlling interests 676,000 29,000 1,399,000 791,000
Net income 4,563,000 2,160,000 12,708,000 3,550,000
Trust's share of net income 2,525,000 1,392,000 7,142,000 2,326,000
CDH CDO LLC [Member]
       
Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]        
Interest, dividends and discount accretion 4,469,000 4,688,000 12,654,000 13,362,000
Expenses        
Interest expense 1,598,000 1,651,000 4,791,000 5,012,000
Fees and expenses paid to related party 250,000 250,000 750,000 750,000
General and administrative 328,000 304,000 891,000 964,000
Total expenses 2,176,000 2,205,000 6,432,000 6,726,000
Net investment income: 2,293,000 2,483,000 6,222,000 6,636,000
Net property income (55,000) (5,000) (205,000) (282,000)
Loss on sale of real estate (2,909,000)   (2,909,000)  
Gain on extinguishment of debt 4,827,000   4,827,000  
Realized gain (loss) from investments 13,367,000 1,716,000 13,361,000 (1,042,000)
Unrealized gain (loss) from investments 391,000 620,000 5,886,000 7,436,000
Net income 17,914,000 4,814,000 27,182,000 12,748,000
Trust's share of net income $ 3,367,000 $ 855,000 $ 4,274,000 $ 1,333,000