XML 47 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Investment and Disposition Activities - Additional Information (Detail) - USD ($)
2 Months Ended 6 Months Ended 12 Months Ended
Nov. 01, 2016
Oct. 05, 2016
Aug. 11, 2016
Jul. 29, 2016
May 19, 2016
May 12, 2016
Apr. 27, 2016
Apr. 13, 2016
Jun. 01, 2015
Mar. 01, 2017
Jun. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Nov. 10, 2016
Feb. 29, 2016
Jan. 21, 2016
Dec. 31, 2014
Dec. 31, 2013
Investment And Disposition Activities [Line Items]                                    
Loans receivable, net                       $ 8,400,000 $ 5,280,000       $ 24,005,000  
Gross proceeds from sale of equity investments                 $ 82,471,000                  
Outstanding principal balance on loan receivable                       8,400,000 5,280,000       $ 24,005,000 $ 101,100,000
Mortgage loans payable                       $ 108,826,000            
Maturity date                       Aug. 15, 2022            
Mortgage loans, outstanding balance [1]                       $ 8,400,000            
Mortgage loans, outstanding balance                       203,466,000            
Amount available to be drawn down                       326,993,000            
Liquidation Value [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Loans receivable, net                         $ 2,756,000          
EB5 Mezzanine Loan [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Mortgage loans, outstanding balance                       195,000,000            
Mortgage Loans Payable [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Mortgage loans payable                       $ 108,826,000            
LIBOR floor rate                       0.77167% 0.4295%          
Drawn down amount of loan                       $ 237,500,000            
Mortgage loans, outstanding balance                       240,041,000            
Mezzanine [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Drawn down amount of loan                       176,000,000            
Mentor Retail LLC [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Loans receivable, net                       $ 2,510,000 $ 2,511,000          
Lake Brandt, Greensboro, North Carolina [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Liquidation value of property                         20,000,000          
Proceeds from sale of real estate, net           $ 20,000,000                        
Proceeds from sale of real estate, gross           $ 6,296,000                        
446 High Line LLC [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Loans receivable, net               $ 3,175,000                    
Capital contributions               2,540,000                    
Short term loan               $ 635,000                    
Interest rate on mortgage loans               12.00%                    
701 Seventh WRT Investor LLC [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Capital contributions                         115,489,000          
Additional capital contributions                         8,865,000          
Mortgage loans payable $ 510,000,000                                  
Mezzanine loan payable $ 255,500,000                                  
LIBOR floor rate 0.40%                                  
Maturity date Nov. 09, 2018                                  
701 Seventh WRT Investor LLC [Member] | Mortgage and Mezzanine Loans [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Loans payable $ 615,000,000                                  
701 Seventh WRT Investor LLC [Member] | EB5 Mezzanine Loan [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Mezzanine loan payable $ 200,000,000                                  
Interest Rate 5.90%                                  
701 Seventh WRT Investor LLC [Member] | LIBOR [Member]                                    
Investment And Disposition Activities [Line Items]                                    
LIBOR plus rate 6.49%                                  
701 Seventh WRT Investor LLC [Member] | LIBOR [Member] | Mortgage and Mezzanine Loans [Member]                                    
Investment And Disposition Activities [Line Items]                                    
LIBOR plus rate 8.00%                                  
Stamford, CT [Member] | Highgrove [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Liquidation value of property                         85,000,000          
Proceeds from sale of real estate, net         $ 77,767,000                          
Proceeds from sale of real estate, gross         $ 87,500,000                          
Ownership percentage in real estate investment         83.70%                          
Buyer's deposit under the purchase contract                               $ 5,000,000    
Amount of deposits refunded to prior potential purchaser         $ 1,500,000                   $ 1,000,000      
Jacksonville, Florida [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Loans receivable, net                     $ 8,400,000              
Liquidation value of property                         11,432,000          
Proceeds from sale of real estate, gross                     $ 10,500,000              
mortgage loans, ceiling interest rate                       8.00%            
Contractual Maturity Date                     Jul. 01, 2019              
Jacksonville, Florida [Member] | LIBOR [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Interest rate spread on mortgage loans                     5.00%              
mortgage loans, floor interest rate                     6.00%              
mortgage loans, ceiling interest rate                     8.00%              
Chicago, Illinois [Member] | One East Erie [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Liquidation value of property                         53,000,000          
Proceeds from sale of real estate, net     $ 46,982,000                              
Proceeds from sale of real estate, gross     $ 47,900,000                              
Chicago, Illinois [Member] | Mentor Retail LLC [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Liquidation value of property                         2,986,000          
Proceeds from sale of real estate, gross       $ 10,450,000                            
Nominal % Ownership       49.90%                            
Aggregate distributions from venture                       $ 3,906,000            
Chicago, Illinois [Member] | WRT One South State Lender LP and WRT Elad One South State Equity LP [Member]]                                    
Investment And Disposition Activities [Line Items]                                    
Gross proceeds from sale of equity investments             $ 95,270,000                      
Poipu Shopping Village [Member] | B Note [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Loans receivable, net                         2,769,000 $ 2,741,000        
Churchill [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Loans receivable, net   $ 100,000                     $ 0          
Outstanding principal balance on loan receivable   333,000                                
Loan discounted payoff amount   $ 100,000                                
New York, NY [Member] | 701 Seventh WRT Investor LLC [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Capital contributions                       128,502,000            
Additional capital contributions                       13,013,000            
New York, NY [Member] | 701 Seventh WRT Investor LLC [Member] | Subsequent Event [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Additional capital contributions                   $ 0                
New York, NY [Member] | 701 Seventh WRT Investor LLC [Member] | Liquidating Trust [Member]                                    
Investment And Disposition Activities [Line Items]                                    
Capital contributions                       $ 137,256,000            
[1] Carrying amount represents the estimated amount expected to be collected on disposition of the loan, plus contractual interest receivable at December 31, 2016.