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Subsequent Events - Additional Information (Detail) (USD $)
1 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended
Jun. 01, 2012
Sep. 30, 2013
Sep. 30, 2012
Dec. 31, 2012
Oct. 07, 2013
Subsequent Event [Member]
Sealy Airpark Nashville Foreclosure [Member]
Oct. 15, 2013
Subsequent Event [Member]
Wrt Fenway Wateridge Mortgage Loan [Member]
Sep. 30, 2013
Subsequent Event [Member]
Wrt Fenway Wateridge Mortgage Loan [Member]
Oct. 18, 2013
Subsequent Event [Member]
Wrt Elad Equity Mortgage Loan Refinancing [Member]
Sep. 30, 2013
Subsequent Event [Member]
Wrt Elad Equity Mortgage Loan Refinancing [Member]
Oct. 25, 2013
Subsequent Event [Member]
Summit Pointe Apartments Equity Investment [Member]
Apartment
Oct. 31, 2013
Subsequent Event [Member]
Luxury Residential Property Acquisition [Member]
Apartment
Sep. 30, 2013
Subsequent Event [Member]
Luxury Residential Property Acquisition [Member]
Nov. 06, 2013
Subsequent Event [Member]
New Valley LLC [Member]
Oct. 15, 2013
Minimum [Member]
Subsequent Event [Member]
Wrt Fenway Wateridge Mortgage Loan [Member]
Oct. 25, 2013
Minimum [Member]
Subsequent Event [Member]
Summit Pointe Apartments Equity Investment [Member]
Subsequent Event [Line Items]                              
Investment carried for financial purposes   $ 139,061,000   $ 134,859,000 $ 0                    
First Mortgage loan           7,000,000   113,500,000              
Loan bears interest ,description of variable rate basis   LIBOR plus 3%       greater of 6%, or LIBOR plus 4.5%                  
Mortgage Loan Interest Rate               11.00%           6.00%  
LIBOR plus           4.50%         2.00%        
Maturity date of loan             Nov. 01, 2016   Nov. 06, 2018     Oct. 31, 2016      
Interest rate cap, LIBOR           2.50%                  
Distribution received           6,255,000                  
Nominal % Ownership           50.00%       80.00%          
Interest rate , loan bears               3.95%   5.70%          
Existing Mortgage Loan Carrying Amount               110,550,000   9,248,000          
Trust Contribution 5,850,000 11,982,000 47,925,000             4,933,000          
Garden apartment units acquired                   184 4        
Purchase Price Of Property                   14,500,000 246,000,000        
Preferred return from cash flow                   8.00%          
Minimum IRR                             12.00%
First mortgage loan                     150,000,000        
Contribution for interest acquired in joint properties                         $ 16,350,000    
Percentage of interest in properties                         16.00%    
Right to acquire interest in joint properties percentage                         50.00%