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Real Estate Investments - Summary of Land Parcels Sold (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
a
Parcel
Dec. 31, 2016
USD ($)
a
Parcel
Dec. 31, 2015
USD ($)
a
Parcel
Jan. 15, 2016
Parcel
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Proceeds from the sale of properties $ 171,860 $ 784,331 $ 247,228  
Gain (Loss) on Sale $ 953 $ 9,232 $ 3,019  
Greenhills Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel       120
Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 5 3 4  
Acreage of land | a 76.4 122.9 14.7  
Sales Price $ 29,600 $ 14,938 $ 22,300  
Proceeds from the sale of properties 28,618 14,532 21,088  
Gain (Loss) on Sale $ 953 $ 9,232 [1] $ 3,019 [2]  
Land [Member] | 50 E. Swedesford Square [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1      
Acreage of land | a 12.0      
Sales Price $ 7,200      
Proceeds from the sale of properties 7,098      
Gain (Loss) on Sale $ 882      
Land [Member] | Bishops Gate [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1      
Acreage of land | a 49.5      
Sales Price $ 6,000      
Proceeds from the sale of properties 5,640      
Gain (Loss) on Sale [3] $ 71      
Land [Member] | Garza Ranch - Multi-family [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1      
Acreage of land | a 8.4      
Sales Price $ 11,800      
Proceeds from the sale of properties 11,560      
Gain (Loss) on Sale [4] $ 0      
Land [Member] | Gateway Land - Site C [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1      
Acreage of land | a 4.8      
Sales Price $ 1,100      
Proceeds from the sale of properties 1,043      
Gain (Loss) on Sale [5] $ 0      
Land [Member] | Garza Ranch - Hotel [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel 1      
Acreage of land | a 1.7      
Sales Price $ 3,500      
Proceeds from the sale of properties 3,277      
Gain (Loss) on Sale [4] $ 0      
Land [Member] | Oakland Lot B [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel   1    
Acreage of land | a   0.9    
Sales Price   $ 13,750    
Proceeds from the sale of properties   13,411    
Gain (Loss) on Sale [1]   $ 9,039    
Land [Member] | Highlands Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel   1    
Acreage of land | a   2.0    
Sales Price   $ 288    
Proceeds from the sale of properties   284    
Gain (Loss) on Sale [1]   $ 193    
Land [Member] | Greenhills Land [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel   1    
Acreage of land | a   120.0    
Sales Price   $ 900    
Proceeds from the sale of properties   837    
Gain (Loss) on Sale [1],[6]   $ 0    
Land [Member] | Two Christina Centre [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel     1  
Acreage of land | a     1.6  
Sales Price     $ 6,500  
Proceeds from the sale of properties     5,986  
Gain (Loss) on Sale [2],[7]     $ 0  
Land [Member] | A7000 Midlantic [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel     1  
Acreage of land | a     3.5  
Sales Price     $ 2,200  
Proceeds from the sale of properties     1,742  
Gain (Loss) on Sale [2]     $ (169)  
Land [Member] | Four Points Centre [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel     1  
Acreage of land | a     8.6  
Sales Price     $ 2,500  
Proceeds from the sale of properties     2,344  
Gain (Loss) on Sale [2]     $ 71  
Land [Member] | Two Kaiser Plaza [Member]        
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]        
Number of Parcels | Parcel     1  
Acreage of land | a     1.0  
Sales Price     $ 11,100  
Proceeds from the sale of properties     11,016  
Gain (Loss) on Sale [2]     $ 3,117  
[1] Gain on Sale is net of closing and other transaction related costs.
[2] Gain/(Loss) on sale includes closing and other transaction related costs.
[3] During the fourth quarter of 2016, the Company recognized an impairment of $3.0 million. During the second quarter of 2017, the Company recorded a held for sale impairment charge of $0.3 million, reducing the aggregate carrying value of the land parcel from $5.9 million to its estimated fair value less costs to sell of $5.6 million. The fair value measurement is based on pricing in the purchase and sale agreement for the property. As the pricing in the purchase and sale agreement is unobservable, the Company determined that the input utilized to determine fair value for the property falls within Level 3 in accordance with the fair value hierarchy established by Accounting Standards Codification (ASC) Topic 820, “Fair Value Measurements and Disclosures.” The land parcel was sold on July 18, 2017.
[4] The Company has a continuing involvement in this property 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 Company recorded the cash received at settlement as “Deferred income, gains and rent” on the Company’s consolidated balance sheet and the Company will recognize the sale upon completion of infrastructure improvements. See Note 19, “Commitments and Contingencies” for further discussion of the infrastructure improvements.
[5] During the fourth quarter of 2016, the Company recognized a nominal impairment related to this land parcel.
[6] The carrying value of the land exceeded the fair value less the anticipated costs of sale as of December 31, 2015. Therefore the Company recognized an impairment loss of $0.3 million during the three-month period ended December 31, 2015. There was no gain or loss recognized on the sale during 2016.
[7] The Company recorded an impairment loss of $0.3 million for Two Christina Centre during the fourth quarter of 2015. As such, there was no gain/(loss) at disposition for this land parcel.