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Related Party Transactions (Details) (USD $)
1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended
Oct. 31, 2014
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Jan. 31, 2013
Marcus and Millichamp Company TMMC Affiliate [Member]
Sep. 30, 2013
MMC [Member]
Jul. 31, 2014
Paragon Apartments [Member]
Unit
Sep. 30, 2014
Reduction to General and Administrative Expenses [Member]
Sep. 30, 2013
Reduction to General and Administrative Expenses [Member]
Sep. 30, 2014
Reduction to General and Administrative Expenses [Member]
Sep. 30, 2013
Reduction to General and Administrative Expenses [Member]
Related Party Transaction [Line Items]                        
Management and other fees from affiliates including management, property management, development and redevelopment fees from co-investments, net of intercompany amounts eliminated by company   $ 4,100,000 $ 3,000,000 $ 11,700,000 $ 9,100,000       $ 1,700,000 $ 1,200,000 $ 4,900,000 $ 3,300,000
Preferred return on preferred equity investment, thereafter, maximum (in hundredths)             13.00%          
Preferred return on preferred equity investment, thereafter, minimum (in hundredths)             9.00%          
Maximum term extended (in years)             1 year          
Income related to the restructured investment             400,000          
Preferred equity interest investment in a related party entity           8,600,000            
Short term bridge loan   9,100,000   9,100,000                
Number of units               301        
Cost of acquired entity $ 180,000,000     $ 555,826,000 $ 0     $ 111,000,000