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Co-Investments (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Jun. 30, 2012
Membership interest in Wesco I [Member]
Dec. 31, 2011
Membership interest in Wesco I [Member]
Jun. 30, 2012
Partnership interest in Fund II [Member]
Dec. 31, 2011
Partnership interest in Fund II [Member]
Jun. 30, 2012
Membership interest in a limited liability company that owns Essex Skyline at MacArthur Place [Member]
Dec. 31, 2011
Membership interest in a limited liability company that owns Essex Skyline at MacArthur Place [Member]
Jun. 30, 2012
Total operating co-investments [Member]
Dec. 31, 2011
Total operating co-investments [Member]
Jun. 30, 2012
Membership interests in limited liability companies that own and are developing Epic, Lync, Elkhorn, and Folsom and Fifth [Member]
Dec. 31, 2011
Membership interests in limited liability companies that own and are developing Epic, Lync, Elkhorn, and Folsom and Fifth [Member]
Jun. 30, 2012
Membership interest in a limited liability company that owns and is developing Expo [Member]
Dec. 31, 2011
Membership interest in a limited liability company that owns and is developing Expo [Member]
Jun. 30, 2012
Membership interests in limited liability companies that own and are developing Fountain at La Brea and Santa Monica at La Brea [Member]
Dec. 31, 2011
Membership interests in limited liability companies that own and are developing Fountain at La Brea and Santa Monica at La Brea [Member]
Jun. 30, 2012
Total development co-investments [Member]
Dec. 31, 2011
Total development co-investments [Member]
Jun. 30, 2012
Membership interest in Wesco II that owns a preferred equity interest in Park Merced with a perferred return of 10.1% [Member]
Dec. 31, 2011
Membership interest in Wesco II that owns a preferred equity interest in Park Merced with a perferred return of 10.1% [Member]
Jun. 30, 2012
Preferred interests in limited liability companies that own apartment communities in downtown Los Angeles with preferred returns of 9% and 10% [Member]
Dec. 31, 2011
Preferred interests in limited liability companies that own apartment communities in downtown Los Angeles with preferred returns of 9% and 10% [Member]
Jun. 30, 2012
Preferred interest in a related limited liability company that owns Madison Park at Anaheim with a preferred return of 13% [Member]
Dec. 31, 2011
Preferred interest in a related limited liability company that owns Madison Park at Anaheim with a preferred return of 13% [Member]
Jun. 30, 2012
Total preferred interest investments [Member]
Dec. 31, 2011
Total preferred interest investments [Member]
Jun. 30, 2012
Total co investment [Member]
Jun. 30, 2011
Total co investment [Member]
Jun. 30, 2012
Total co investment [Member]
Jun. 30, 2011
Total co investment [Member]
Dec. 31, 2011
Total co investment [Member]
Investments in joint ventures accounted for under the equity method of accounting [Abstract]                                                                    
Total co-investment $ 436,230   $ 436,230   $ 383,412 $ 83,919 $ 75,588 $ 61,560 $ 64,294 $ 0 $ 24,063 $ 145,479 $ 163,945 $ 130,870 $ 62,897 $ 18,518 $ 17,981 $ 15,830 $ 15,194 $ 165,218 $ 96,072 $ 89,986 $ 88,075 $ 22,792 $ 22,792 $ 12,755 $ 12,528 $ 125,533 $ 123,395 $ 436,230   $ 436,230   $ 383,412
Preferred return rate (in hundredths)     9.50%                                     10.10% 10.10% 9.00% 10.00% 13.00% 13.00%              
Balance sheets: [Abstract]                                                                    
Rental properties and real estate under development 55,343   55,343   44,280                                                 1,625,272   1,625,272   1,659,078
Other Assets                                                           77,879   77,879   63,847
Total assets                                                           1,703,151   1,703,151   1,722,925
Debt                                                           838,003   838,003   900,095
Other Liabilities 20,724   20,724   20,528                                                 59,915   59,915   48,518
Equity                                                           805,233   805,233   774,312
Total liabilities and equity                                                           1,703,151   1,703,151   1,722,925
Company's share of equity                                                           436,230   436,230   383,412
Statement of operations: [Abstract]                                                                    
Property revenues                                                           28,233 24,084 62,556 42,596  
Property operating expenses                                                           (10,029) (9,719) (23,166) (17,695)  
Net property operating income                                                           18,204 14,365 39,390 24,901  
Interest expense before amortization (24,659) (22,710) (49,316) (44,518)                                                   (7,792) (10,549) (16,337) (15,410)  
General and administrative (5,764) (5,385) (11,164) (10,659)                                                   (920) (38) (1,716) (1,022)  
Depreciation and Amortization 2,882 2,736 5,754 5,590                                                   (8,876) (9,943) (22,772) (18,006)  
Net Loss                                                           616 (6,165) (1,435) (9,537)  
Company's share of net income (loss)                                                           $ 3,111 $ 726 $ 5,451 $ (647)