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Equity Investments - Additional Information (Detail) (USD $)
0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended
Jan. 02, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Sullivan Center [Member]
Dec. 31, 2013
First Priority Mortgage Loan [Member]
Jan. 02, 2012
Marc Realty [Member]
Dec. 31, 2013
Marc Realty [Member]
Dec. 31, 2013
Marc Realty [Member]
Minimum [Member]
Dec. 31, 2013
Marc Realty [Member]
Maximum [Member]
Dec. 31, 2013
Sealy [Member]
Dec. 31, 2012
Sealy [Member]
Dec. 31, 2013
Marc Investments [Member]
Dec. 31, 2013
Concord Debt Holdings LLC [Member]
Dec. 31, 2012
Concord Debt Holdings LLC [Member]
Dec. 31, 2013
CDH CDO LLC [Member]
Dec. 31, 2012
CDH CDO LLC [Member]
Dec. 31, 2011
Sealy Northwest Atlanta [Member]
Dec. 31, 2011
Sealy Newmarket [Member]
Dec. 31, 2011
Sealy Airpark Nashville [Member]
Mar. 01, 2012
3701 Algonquin Road LLC [Member]
Marc Realty [Member]
May 31, 2012
Salt Creek LLC [Member]
Marc Realty [Member]
May 31, 2012
River Road LLC [Member]
Marc Realty [Member]
May 31, 2012
900 Ridgebrook LLC [Member]
Marc Realty [Member]
May 31, 2012
Michigan 30 LLC [Member]
Marc Realty [Member]
Dec. 31, 2013
Vintage Housing Holdings [Member]
Partner
Dec. 31, 2012
Vintage Housing Holdings [Member]
Dec. 31, 2013
Vintage Housing Holdings [Member]
Lynnwood [Member]
Project
Dec. 31, 2013
Vintage Housing Holdings [Member]
Marysville [Member]
Project
Dec. 31, 2013
Vintage Housing Holdings [Member]
California and Nevada [Member]
Project
Sep. 18, 2012
WRT - ROIC Riverside LLC [Member]
Dec. 31, 2012
WRT - ROIC Riverside LLC [Member]
Sep. 18, 2012
WRT - ROIC Riverside LLC [Member]
ROIC [Member]
Sep. 29, 2012
SoCal Office Portfolio Loan [Member]
Dec. 31, 2012
SoCal Office Portfolio Loan [Member]
Dec. 31, 2011
SoCal Office Portfolio Loan [Member]
Sep. 29, 2012
SoCal Office Portfolio Loan [Member]
New Valley/Starwood [Member]
Dec. 31, 2013
RE CDO Management LLC [Member]
Dec. 31, 2012
RE CDO Management LLC [Member]
Dec. 31, 2011
RE CDO Management LLC [Member]
Dec. 31, 2013
RE CDO Management LLC [Member]
First Mortgage [Member]
Dec. 31, 2013
RE CDO Management LLC [Member]
Original Mortgage [Member]
Dec. 31, 2013
WRT-One South State Lender LP [Member]
Dec. 31, 2012
WRT-One South State Lender LP [Member]
Dec. 31, 2011
WRT-One South State Lender LP [Member]
Schedule of Equity Method Investments [Line Items]                                                                                          
Difference in carrying value of investments         $ 11,196,000                                                                                
Cash distributions amount                           3,072,000 422,000                                                            
Net income loss                           40,493,000   19,605,000                                                          
Distributions of income from equity investments   24,112,000 21,593,000 12,696,000                       1,020,000 1,715,000                                                        
Carrying value of investment   614,420,000 370,436,000               0                                                                    
Other-than-temporary impairment charges                                   2,900,000 900,000 1,494,000                                                  
Loans receivable (2,938,000) 877,000 (2,938,000)                                                                                    
Transfer from preferred equity investments (3,923,000)   (3,923,000) (7,843,000)                                                                                  
Equity investments     (6,861,000) (5,035,000)     (6,861,000)                                                                            
Interest   (26,000) 22,047,000                             (13,000)          250,000 0 1,000,000 1,100,000 10,300,000                                             
Secured promissory note                                                 6,550,000                                        
Interest in joint venture gross sale price               6,000,000                                                                          
Period of exercise of option granted to joint venture partner to acquire interest               2 years                                                                          
Option granted to joint venture partner to acquire interest purchase price range                 5,000,000 6,600,000                                                                      
Investments other-than-temporarily impaired                         7,687,000                                                                
Equity interest carrying value                         14,438,000                                                                
Equity interest fair value                         6,751,000                                                                
Return and share of capital distribution   14,618,000 84,026,000 31,890,000                                                     7,800,000   15,600,000 38,407,000     44,224,000                
Net proceeds received                                                                     38,100,000                    
Total assets                                                                     13,000 97,989,000                  
Total liabilities                                                                     0 269,000                  
Net Income                                                                     16,892,000 366,000   7,417,000 135,000 93,000     8,420,000 7,251,000   
Contributions to the venture                                                     6,779,000                                    
Trust Invested Amount in properties                                                       5,500,000                                  
Number of unit multi-family project                                                       345 204 490                              
Acquisition of non-controlling partner interests, 204 units                                                         750,000                                
Acquisition of non-controlling partner interests, 490 units                                                   529,000                                      
Interest acquired in Multifamily property number                                                   2                                      
Acquired Interest in first priority mortgage loan                                                                           5.52%              
Debt Instrument Description of Variable Rate Basis           40.00%                                                                              
Loan bears interest, description of variable rate basis   LIBOR plus 3%       LIBOR plus 40%                                                               RE CDO holds a 5.52% interest in (i) a first priority mortgage loan collateralized by land located in Las Vegas, Nevada (the “Land”), which loan bears interest at LIBOR plus 40% with a current pay rate of 7.5% and the balance accruing and compounding and which had an outstanding balance of $21,227,000 at December 31, 2013, and (ii) a second priority mortgage loan collateralized by the Land which bears interest at 10% per annum, all of which accrues, and which had an outstanding balance of $30,401,000 at December 31, 2013. The interest in the loan was acquired for $1,093,000 and RE CDO accounts for this investment on the cost recovery method.              
Current pay rate                                                                           7.50%              
First priority mortgage loans outstanding balance   101,100,000                                                                             21,227,000 30,401,000      
Interest rate on mortgage loans                                                                                   10.00%      
Payment to acquire interest in mortgage loan                                                                           1,093,000              
Loan receivable face amount                                                                                     $ 51,716,000    
Loan receivable stated interest rate   11.59% 11.43%                                                                               15.00%    
Loan receivable maturity period                                                                                     2017-12