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Investments in Partnerships - Summary of Equity Investments (Detail) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Investments in real estate, at cost:    
Operating properties $ 415,643 $ 414,515
Construction in progress 2,569 2,003
Total investments in real estate 418,212 416,518
Accumulated depreciation (166,439) (157,361)
Net investments in real estate 251,773 259,157
Cash and cash equivalents 11,413 9,833
Deferred costs and other assets, net 19,790 18,605
Total assets 282,976 287,595
LIABILITIES AND PARTNERS’ DEFICIT:    
Mortgage loans payable 400,399 405,297
Other liabilities 6,257 9,130
Total liabilities 406,656 414,427
Net deficit (123,680) (126,832)
Partners’ share (66,210) (67,735)
PREIT’s share (57,470) (59,097)
Excess investment 8,898 [1] 9,078 [1]
Net investments and advances (48,572) (50,019)
Investment in partnerships, at equity 15,615 14,855
Distributions in excess of partnership investments $ (64,187) $ (64,874)
[1] Excess investment represents the unamortized difference between our investment and our share of the equity in the underlying net investment in the partnerships. The excess investment is amortized over the life of the properties, and the amortization is included in “Equity in income of partnerships.”