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Note 5 - Investments and Advances in Real Estate Joint Ventures (Detail) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Number of Real Estate Properties 29   29   690
Proceeds from Distributions Received from Real Estate Partnerships     $ 80,023,000 $ 25,480,000  
Business Acquisition, Cost of Acquired Entity, Purchase Price 387,450,000   387,450,000    
Number of Agreements 1   1    
Income Tax Expense (Benefit) (4,656,000) 5,640,000 (616,000) 9,893,000  
Business Acquisition, Cost of Acquired Entity, Cash Paid 270,715,000   270,715,000    
Impairment of Real Estate     34,600,000 12,400,000  
Fair Value Of Real Estate 28,694,000   28,694,000   5,289,000
KimPru and KimPru II [Member]
         
Number of Joint Ventures 4   4    
Number of Accounts 4   4    
Number of Real Estate Properties 62 [1],[2]   62 [1],[2]   63 [1],[2]
KimPru [Member] | Company's Share Of Impairment [Member]
         
Impairment of Real Estate     100,000    
KimPru [Member]
         
Number of Joint Ventures 3   3    
Other than Temporary Impairment Losses, Investments     800,000    
Other Joint Venture Programs [Member] | Additional [Member]
         
Sales of Real Estate     55,500,000    
Other Joint Venture Programs [Member] | Additional I [Member]
         
Number of Real Estate Properties 1   1    
Sales of Real Estate     7,500,000    
Income Tax Expense (Benefit)     1,500,000    
Other Joint Venture Programs [Member] | Initial [Member]
         
Sales of Real Estate     127,000,000    
Gains (Losses) on Sales of Investment Real Estate     12,100,000    
Other Income     1,100,000    
Other Joint Venture Programs [Member] | Additional II [Member]
         
Business Acquisition, Cost of Acquired Entity, Purchase Price 41,700,000   41,700,000    
Business Acquisition, Cost of Acquired Entity, Cash Paid 14,200,000   14,200,000    
Other Joint Venture Programs [Member]
         
Number of Real Estate Properties 92 [3],[4],[5],[6],[7]   92 [3],[4],[5],[6],[7]   92
UBS Programs [Member] | Company's Share Of Impairment [Member]
         
Impairment of Real Estate     800,000    
UBS Programs [Member]
         
Number of Real Estate Properties 41 [2]   41 [2]   42 [2]
Impairment of Real Estate     5,500,000    
Fair Value Of Real Estate 11,300,000   11,300,000    
Additional [Member] | Sold by Investee [Member]
         
Number of Real Estate Properties 2   2    
Business Acquisition, Cost of Acquired Entity, Purchase Price 75,500,000   75,500,000    
Other Income     2,600,000    
Additional I [Member] | Sold by Investee [Member]
         
Sales of Real Estate     62,000,000    
Sold by Investee [Member]
         
Number of Joint Ventures 2   2    
Number of Real Estate Properties 2   2    
Sales of Real Estate     118,000,000    
Proceeds from Distributions Received from Real Estate Partnerships     18,500,000    
Gains (Losses) on Sales of Investment Real Estate     $ 8,300,000    
[1] This venture represents four separate joint ventures, with four separate accounts managed by Prudential Real Estate Investors ("PREI"), three of these ventures are collectively referred to as KimPru and the remaining venture is referred to as KimPru II.
[2] The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, assets management fees and construction management fees.
[3] During 2012, the Company amended one of its Canadian preferred equity investment agreements to restructure the investment as a pari passu joint venture in which the Company holds a noncontrolling interest. As a result of this transaction, the Company continues to account for its investment in this joint venture under the equity method of accounting and includes this investment in Investments and advances to real estate joint ventures within the Company's Condensed Consolidated Balance Sheets.
[4] During the six months ended June 30, 2012, a joint venture in which the Company holds a noncontrolling interest sold an operating property for a sales price of $62.0 million, which resulted in no gain or loss recognized.
[5] During the six months ended June 30, 2012, the Company sold an operating property to a newly formed unconsolidated joint venture in which the Company has a noncontrolling interest for a sales price of $55.5 million.
[6] During the six months ended June 30, 2012, a joint venture in which the Company holds a noncontrolling interest acquired an operating property in Alberta, Canada for a purchase price of $41.7 million. The Company's capital contribution was $14.2 million.
[7] During the six months ended June 30, 2012, two joint ventures in which the Company holds noncontrolling interests sold two properties for an aggregate sales price of $118.0 million. The Company received distributions of $18.5 million and recognized an aggregate gain of $8.3 million.