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Real Estate Investments - Summary of Land Parcels Sold (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
a
Parcel
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
a
Parcel
Sep. 30, 2016
USD ($)
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Proceeds from the sale of properties     $ 114,821 $ 758,931
Gain on Sale $ 0 $ (104) $ 8,411 $ 114,625
Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 5   5  
Acreage of land | a 76.4   76.4  
Sales Price $ 29,600   $ 29,600  
Proceeds from the sale of properties     28,618  
Gain on Sale     $ 953  
50 E. Swedesford Square [Member] | Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1   1  
Acreage of land | a 12.0   12.0  
Sales Price $ 7,200   $ 7,200  
Proceeds from the sale of properties     7,098  
Gain on Sale     $ 882  
Bishops Gate [Member] | Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1   1  
Acreage of land | a 49.5   49.5  
Sales Price $ 6,000   $ 6,000  
Proceeds from the sale of properties     5,640  
Gain on Sale [1]     $ 71  
Garza Ranch - Multi-family [Member] | Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1   1  
Acreage of land | a 8.4   8.4  
Sales Price $ 11,800   $ 11,800  
Proceeds from the sale of properties     11,560  
Gain on Sale [2]     $ 0  
Gateway Land - Site C [Member] | Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1   1  
Acreage of land | a 4.8   4.8  
Sales Price $ 1,100   $ 1,100  
Proceeds from the sale of properties     1,043  
Gain on Sale [3]     $ 0  
Garza Ranch - Hotel [Member] | Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1   1  
Acreage of land | a 1.7   1.7  
Sales Price $ 3,500   $ 3,500  
Proceeds from the sale of properties     3,277  
Gain on Sale [2]     $ 0  
[1] During the fourth quarter of 2016, the Company recognized an impairment of $3.0 million. During the second quarter of 2017, the Company recognized an additional impairment of $0.3 million, representing closing costs. See “Land Impairment” section below.
[2] The Company has a continuing involvement through a completion guaranty, which requires the Company as developer to complete certain infrastructure improvements on behalf of the buyers of the land parcels. The cash received at settlement was recorded as “Deferred income, gains and rent” on the Company’s consolidated balance sheet and the Company will recognize the sale once the infrastructure improvements are complete. See Note 13, “Commitments and Contingencies” for further discussion of the infrastructure improvements.
[3] During the fourth quarter of 2016, the Company recognized a nominal impairment related to this land parcel.