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SEGMENT REPORTING (Tables) | 3 Months Ended
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Mar. 31, 2015
Segment Reporting [Abstract] |
Reconciliation of Certain Segment Information from Segments to Consolidated | The following tables set forth certain segment information for the Company, as of and for the three months ended March 31, 2015 and 2014, and does not include unconsolidated affiliates: 11. SEGMENT REPORTING (continued) Three Months Ended March 31, 2015
(dollars in thousands) |  | Core Portfolio |  | Funds |  | Structured Financing |  | Total
Revenues |  | $ | 35,593 |  |  | $ | 13,480 |  |  | $ | 3,408 |  |  | $ | 52,481 |
Property operating expenses, other operating and real estate taxes |  | (9,691 | ) |  | (6,452 | ) |  | — |  |  | (16,143 | )
General and administrative expenses |  | (6,811 | ) |  | (721 | ) |  | — |  |  | (7,532 | )
Depreciation and amortization |  | (9,907 | ) |  | (3,751 | ) |  | — |  |  | (13,658 | )
Operating income |  | 9,184 |  |  | 2,556 |  |  | 3,408 |  |  | 15,148 |
Equity in earnings of unconsolidated affiliates |  | 434 |  |  | 6,159 |  |  | — |  |  | 6,593 |
Loss on debt extinguishment |  | — |  |  | (109 | ) |  | — |  |  | (109 | )
Gain on disposition of property |  | — |  |  | 27,143 |  |  | — |  |  | 27,143 |
Interest and other finance expense |  | (6,468 | ) |  | (2,353 | ) |  | — |  |  | (8,821 | )
Income tax provision |  | (480 | ) |  | (937 | ) |  | — |  |  | (1,417 | )
Net income |  | 2,670 |  |  | 32,459 |  |  | 3,408 |  |  | 38,537 |
Noncontrolling interests |  |  |  |  |  |  |  |
Net income attributable to noncontrolling interests |  | (179 | ) |  | (21,811 | ) |  | — |  |  | (21,990 | )
Net income attributable to Common Shareholders |  | $ | 2,491 |  |  | $ | 10,648 |  |  | $ | 3,408 |  |  | $ | 16,547 |
Real Estate at Cost |  | $ | 1,550,695 |  |  | $ | 953,607 |  |  | $ | — |  |  | $ | 2,504,302 |
Total Assets |  | $ | 1,666,987 |  |  | $ | 1,105,319 |  |  | $ | 98,560 |  |  | $ | 2,870,866 |
Acquisition of Real Estate |  | $ | 169,235 |  |  | $ | 51,036 |  |  | $ | — |  |  | $ | 220,271 |
Investment in Redevelopment and Improvements |  | $ | 6,353 |  |  | $ | 34,141 |  |  | $ | — |  |  | $ | 40,494 |
11. SEGMENT REPORTING (continued) Three Months Ended March 31, 2014
(dollars in thousands) |  | Core Portfolio |  | Funds |  | Structured Financing |  | Total
Revenues |  | $ | 30,149 |  |  | $ | 12,642 |  |  | $ | 3,894 |  |  | $ | 46,685 |
Property operating expenses, other operating and real estate taxes |  | (7,906 | ) |  | (5,575 | ) |  | — |  |  | (13,481 | )
General and administrative expenses |  | (6,413 | ) |  | (483 | ) |  | — |  |  | (6,896 | )
Depreciation and amortization |  | (8,333 | ) |  | (3,254 | ) |  | — |  |  | (11,587 | )
Operating income |  | 7,497 |  |  | 3,330 |  |  | 3,894 |  |  | 14,721 |
Equity in earnings of unconsolidated affiliates |  | 95 |  |  | 2,934 |  |  | — |  |  | 3,029 |
Gain on disposition of property |  | 12,387 |  |  | — |  |  | — |  |  | 12,387 |
Loss on debt extinguishment |  | — |  |  | (203 | ) |  | — |  |  | (203 | )
Interest and other finance expense |  | (7,200 | ) |  | (3,451 | ) |  | — |  |  | (10,651 | )
Income tax provision |  | (104 | ) |  | (64 | ) |  | — |  |  | (168 | )
Net Income |  | 12,675 |  |  | 2,546 |  |  | 3,894 |  |  | 19,115 |
Noncontrolling interests |  |  |  |  |  |  |  |  |
Net (income) loss attributable to noncontrolling interests |  | (419 | ) |  | 2,899 |  |  | — |  |  | 2,480 |
Net income attributable to Common Shareholders |  | $ | 12,256 |  |  | $ | 5,445 |  |  | $ | 3,894 |  |  | $ | 21,595 |
Real Estate at Cost |  | $ | 1,128,790 |  |  | $ | 794,120 |  |  | $ | — |  |  | $ | 1,922,910 |
Total Assets |  | $ | 1,101,385 |  |  | $ | 1,124,838 |  |  | $ | 119,639 |  |  | $ | 2,345,862 |
Acquisition of Real Estate |  | $ | 90,500 |  |  | $ | — |  |  | $ | — |  |  | $ | 90,500 |
Investment in Redevelopment and Improvements |  | $ | 1,428 |  |  | $ | 36,077 |  |  | $ | — |  |  | $ | 37,505 |

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