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Mortgages Payable (Details) (USD $)
1 Months Ended 9 Months Ended 12 Months Ended
Aug. 31, 2013
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Sep. 30, 2013
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Dec. 31, 2012
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Mortgages Payable      
Assumed mortgages payable   $ 630,000,000  
Assumed mortgages payable, non-recourse   608,800,000  
Assumed mortgages payable, full recourse   6,600,000  
Assumed mortgages payable, not guaranteed   14,600,000  
Debt instrument      
Mortgage Payable Balance   811,058,000 175,868,000
Minimum
     
Debt instrument      
Weighted Average Stated Interest Rate (as a percent)   2.50% 2.60%
Weighted Average Effective Interest Rate (as a percent)   2.40% 2.70%
Maximum
     
Debt instrument      
Weighted Average Stated Interest Rate (as a percent)   8.30% 8.30%
Weighted Average Effective Interest Rate (as a percent)   9.20% 8.30%
Mortgages Payable
     
Debt instrument      
Number of mortgages repaid 1    
Amount repaid 11,700,000    
Net premiums recorded upon assumption of mortgages   (28,400,000) (7,100,000)
Deferred financing costs incurred   211,000 1,100,000
Remaining balance of deferred financing costs at period end   1,346,000 1,541,000
Number of Properties   229 11
Weighted Average Stated Interest Rate (as a percent)   5.40% 5.80%
Weighted Average Effective Interest Rate (as a percent)   4.00% 4.40%
Weighted Average Remaining Years Until Maturity   4 years 1 month 6 days 4 years 9 months 18 days
Remaining Principal Balance   779,684,000 165,927,000
Unamortized Premium Balance   31,373,000 9,941,000
Mortgage Payable Balance   811,058,000 175,868,000
Number of mortgages   50 13
Number of properties with mortgages   229 11
Maturity mortgages payable, excluding net premiums      
2013   10,700,000  
2014   64,400,000  
2015   125,500,000  
2016   248,400,000  
2017   133,100,000  
Thereafter   197,600,000  
Totals   779,700,000  
Mortgages maturing 9/3/21
     
Debt instrument      
Remaining Principal Balance   8,300,000  
Floating variable interest rate, variable rate basis   one month LIBOR  
Floating variable interest rate, basis spread on variable rate (as a percent)   2.40%  
Assumed interest rate swap fixed interest rate (as a percent)   6.00%  
Mortgages maturing 6/10/15
     
Debt instrument      
Remaining Principal Balance   23,600,000  
Floating variable interest rate, variable rate basis   one month LIBOR one month LIBOR
Floating variable interest rate, basis spread on variable rate (as a percent)   4.50% 4.50%
Maximum interest rate (as a percent)   5.50% 5.50%
Mortgages maturing 4/10/17
     
Debt instrument      
Weighted Average Stated Interest Rate (as a percent)   5.07%  
Remaining Principal Balance   32,400,000  
Floating variable interest rate, variable rate basis   two-year swap rate  
Floating variable interest rate, basis spread on variable rate (as a percent)   2.75%  
Minimum interest rate (as a percent)   4.00%  
Mortgages maturing 12/28/13
     
Debt instrument      
Note receivable acquired in connection with 2011 acquisition   $ 8,800,000 $ 8,800,000
Assumed note receivable stated interest rate (as a percent)   8.10%