XML 64 R52.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related-Party Transactions - Additional Information (Detail) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2014
Related Party Transaction [Line Items]    
Management fees $ 4,914,000  
FUR Advisors [Member]    
Related Party Transaction [Line Items]    
Percentage of equity contributions 1.50%  
Percentage of equity contributions by unaffiliated third parties 0.25%  
Percentage of amount available for distribution in excess of threshold amount 20.00%  
Threshold amount   $ 569,963,000
Percentage of growth rate on incentive fee   4.00%
Yield plus percentage   2.50%
Threshold amount required to be distributed before incentive fee $ 271,614,000  
Per share Threshold amount required to be distributed $ 7.58  
Incentive fees $ 8,319,000  
Percentage of positive difference between appraised net asset value and threshold amount on termination 20.00%  
Reduced threshold amount $ 104,980,000  
Percentage of dividends paid on disposition 20.00%  
Additional liquidating distributions per unit $ 4.65  
Base asset management fee $ 9,496,000  
Additional liquidating distributions paid per common share $ 5.69  
Supplemental fee payment terms, description payable if there is (i) a termination of the Advisory Agreement for any reason other than for cause (as defined) by the Liquidating Trust or with cause by the Advisor, or (ii) a disposition of all or substantially all of the Liquidating Trust’s assets. The termination fee, if payable, is equal to the lesser of (i) the base management fee paid to the Advisor for the prior twelve month period or (ii) either (x) in the case of a termination of the Advisory Agreement, 20% of the positive difference, if any between (A) the appraised net asset value of the Liquidating Trust’s assets at the date of termination and (B) the threshold amount less $104,980,000, or (y) in the case of a disposition, 20% of any liquidating distributions paid on account of the Units at such time as the threshold amount is reduced to $104,980,000, which, based on current estimates, will be achieved at such time as additional liquidating distributions of approximately $4.65 per Unit in excess of the Growth Factor have been paid.  
Termination fees $ 9,496,000  
Payable to related parties included in related party fees payable 880,000  
FUR Advisors [Member] | US Treasury Bill Securities [Member]    
Related Party Transaction [Line Items]    
Period for growth factor on incentive   5 years
Winthrop Management LP [Member]    
Related Party Transaction [Line Items]    
Payable to related parties included in related party fees payable 68,000  
Related Party [Member]    
Related Party Transaction [Line Items]    
Management fees $ 880,000