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Real Estate Investments (Tables) | 12 Months Ended
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Dec. 31, 2015
Real Estate Investments, Net [Abstract] |
Schedule of Real Estate Properties [Table Text Block] | As of December 31, 2015 and 2014, our real estate investment portfolio, at cost, consists of properties as follows (in thousands):
| December 31,
| 2015 |  | 2014
Office | $ | 1,554,334 |  |  | $ | 1,502,052 |
Retail | 442,039 |  |  | 463,716 |
Multifamily | 641,424 |  |  | 505,185 |
| $ | 2,637,797 |  |  | $ | 2,470,953 |
Schedule of Dispositions | During the three years ended December 31, 2015, we sold our interests in the following properties (in thousands):
Disposition Date | Property | Type | Gain on Sale
March 20, 2015 | Country Club Towers | Multifamily | $ | 30,277 |
September 9, 2015 | 1225 First Street (1) | Multifamily | — |
October 21, 2015 | Munson Hill Towers | Multifamily | 51,395 |
December 14, 2015 | Montgomery Village Center | Retail | 7,981 |
|  | Total 2015 (2) | $ | 89,653 |
January 21, 2014 | Medical Office Portfolio Transactions III & IV (3) | Medical Office | $ | 105,985 |
May 2, 2014 | 5740 Columbia Road | Retail | 570 |
|  | Total 2014 | $ | 106,555 |
March 19, 2013 | Atrium Building | Office | $ | 3,195 |
November 2013 | Medical Office Portfolio Transactions I & II (4) | Medical Office / Office | 18,949 |
|  | Total 2013 | $ | 22,144 |
(1) Interest in land held for future development. (2) Excludes gain related to parcel of land at Montrose Shopping Center condemned as part of an eminent domain taking action (see note 3 under "Properties Sold"). (3) Woodburn Medical Park I and II and Prosperity Medical Center I, II and III. (4) 2440 M Street, 15001 Shady Grove Road, 15505 Shady Grove Road, 19500 at Riverside Park (formerly Lansdowne Medical Office Building), 9707 Medical Center Drive, CentreMed I and II, 8301 Arlington Boulevard, Sterling Medical Office Building, Shady Grove Medical Village II, Alexandria Professional Center, Ashburn Farm Office Park I, Ashburn Farm Office Park II, Ashburn Farm Office Park III, Woodholme Medical Office Building, two office properties (6565 Arlington Boulevard and Woodholme Center) and undeveloped land at 4661 Kenmore Avenue. The cost of our real estate portfolio under development or held for future development as of December 31, 2015 and 2014 is as follows (in thousands):
| December 31,
| 2015 |  | 2014
Office | $ | 18,711 |  |  | $ | 36,379 |
Retail | 1,076 |  |  | 500 |
Multifamily | 16,307 |  |  | 39,356 |
| $ | 36,094 |  |  | $ | 76,235 |
Income from properties classified as discontinued operations by property or disposal group for the three years ended December 31, 2015 was as follows (in thousands):
|  |  | Year Ending December 31,
Property | Segment |  | 2015 |  | 2014 |  | 2013
Atrium Building | Office |  | $ | — |  |  | $ | — |  |  | $ | 185 |
Medical Office Portfolio | Medical/Office |  | — |  |  | 546 |  |  | 15,210 |
|  |  | $ | — |  |  | $ | 546 |  |  | $ | 15,395 |
Income from properties classified as discontinued operations for the three years ended December 31, 2015 was as follows (in thousands):
| Year Ending December 31,
| 2015 |  | 2014 |  | 2013
Revenues | $ | — |  |  | $ | 892 |  |  | $ | 45,791 |
Property expenses | — |  |  | (346 | ) |  | (17,039 | )
Depreciation and amortization | — |  |  | — |  |  | (12,161 | )
Interest expense | — |  |  | — |  |  | (1,196 | )
| $ | — |  |  | $ | 546 |  |  | $ | 15,395 |
We sold our interests in the following properties during the three years ended December 31, 2015:
Disposition Date |  | Property |  | Segment |  | # of units (unaudited) |  | Rentable Square Feet (unaudited) |  | Contract Sales Price (in thousands) |  | Gain on Sale (in thousands)
March 20, 2015 |  | Country Club Towers (1) |  | Multifamily |  | 227 |  |  | N/A |  |  | $ | 37,800 |  |  | $ | 30,277 |
September 9, 2015 |  | 1225 First Street (1), (2) |  | Multifamily |  | N/A |  |  | N/A |  |  | 14,500 |  |  | — |
October 21, 2015 |  | Munson Hill Towers (1) |  | Multifamily |  | 279 |  |  | N/A |  |  | 57,050 |  |  | 51,395 |
December 14, 2015 |  | Montgomery Village Center (1) |  | Retail |  | N/A |  |  | 197,000 |  |  | 27,750 |  |  | 7,981 |
|  |  |  | Total 2015 |  | 506 |  |  | 197,000 |  |  | $ | 137,100 |  |  | $ | 89,653 |
January 21, 2014 |  | Medical Office Portfolio Transactions III & IV (3) |  | Medical Office |  | N/A |  |  | 427,000 |  |  | $ | 193,561 |  |  | $ | 105,985 |
May 2, 2014 |  | 5740 Columbia Road (1) |  | Retail |  | N/A |  |  | 3,000 |  |  | 1,600 |  |  | 570 |
|  |  |  | Total 2014 |  | N/A |  |  | 430,000 |  |  | $ | 195,161 |  |  | $ | 106,555 |
March 19, 2013 |  | Atrium Building |  | Office |  | N/A |  |  | 79,000 |  |  | $ | 15,750 |  |  | $ | 3,195 |
Various |  | Medical Office Portfolio Transactions I & II |  | Medical Office/ Office |  | N/A |  |  | 1,093,000 |  |  | 307,189 |  |  | 18,949 |
|  |  |  | Total 2013 |  | N/A |  |  | 1,172,000 |  |  | $ | 322,939 |  |  | $ | 22,144 |
(1) These properties are classified as continuing operations. All other sold properties are classified as discontinued operations. (2) Interest in land held for future development. (3)
Schedule Of Real Estate Property Acquired [Table Text Block] | Our current strategy is to recycle legacy assets that lack the income growth potential we seek and to invest in high-quality assets with compelling value-add returns through redevelopment opportunities in our existing portfolio and acquisitions that meet our stringent investment criteria. We focus on properties inside the Washington metro region’s Beltway, near major transportation nodes and in areas with strong employment drivers and superior growth demographics. Properties and land for development acquired during the three years ended December 31, 2015 were as follows:
Acquisition Date |  | Property |  | Type |  | # of units (unaudited) |  | Rentable Square Feet (unaudited) |  | Contract Purchase Price (in thousands)
July 1, 2015 |  | The Wellington |  | Multifamily |  | 711 |  | N/A |  | $ | 167,000 |
February 21, 2014 |  | Yale West |  | Multifamily |  | 216 |  | N/A |  | $ | 73,000 |
March 26, 2014 |  | The Army Navy Club Building |  | Office |  | N/A |  | 108,000 |  |  | 79,000 |
May 1, 2014 |  | 1775 Eye Street, NW |  | Office |  | N/A |  | 185,000 |  |  | 104,500 |
October 1, 2014 |  | Spring Valley Retail Center |  | Retail |  | N/A |  | 75,000 |  |  | 40,500 |
|  |  |  | Total 2014 |  | 216 |  | 368,000 |  |  | $ | 297,000 |
October 1, 2013 |  | The Paramount |  | Multifamily |  | 135 |  | N/A |  | $ | 48,200 |
Revenue and Earnings From Acquisition [Table Text Block] | The revenue and earnings of our acquisitions during their year of acquisition for the three years ended December 31, 2015 are as follows (in thousands):
| Year Ended December 31,
| 2015 |  | 2014 |  | 2013
Real estate rental revenue | $ | 6,797 |  |  | $ | 16,260 |  |  | $ | 907 |
Net loss | (2,748 | ) |  | (3,168 | ) |  | (105 | )
Total Purchase Price Of Acquisitions [Table Text Block] | We have recorded the total purchase price of the above acquisitions as follows (in thousands):
| 2015 |  | 2014 |  | 2013
Land | $ | 30,548 |  |  | $ | 104,403 |  |  | $ | 8,568 |
Land held for development | 15,000 |  |  | — |  |  | — |
Buildings | 116,563 |  |  | 172,671 |  |  | 37,930 |
Tenant origination costs | — |  |  | 9,377 |  |  | 32 |
Leasing commissions/absorption costs | 4,889 |  |  | 16,474 |  |  | 943 |
Net lease intangible assets | — |  |  | 7,331 |  |  | 102 |
Net lease intangible liabilities | — |  |  | (8,323 | ) |  | (117 | )
Fair value of assumed mortgage | — |  |  | (107,125 | ) |  | — |
Furniture, fixtures & equipment | — |  |  | 932 |  |  | 742 |
Total | $ | 167,000 |  |  | $ | 195,740 |  |  | $ | 48,200 |
Business Acquisition, Pro Forma Information [Table Text Block] | The following unaudited pro-forma combined condensed statements of operations set forth the consolidated results of operations for the years ended December 31, 2015 and 2014 as if the above described acquisition in 2015 had occurred on January 1, 2014. The pro forma adjustments include reclassifying costs related to the above-described acquisition to 2014. The unaudited pro-forma information does not purport to be indicative of the results that actually would have occurred if the acquisitions had been in effect for the years ended December 31, 2015 and 2014. The unaudited data presented is in thousands, except per share data.
| Year Ended December 31,
| 2015 |  | 2014
Real estate revenues | $ | 313,114 |  |  | $ | 302,120 |
Income from continuing operations | $ | 96,735 |  |  | $ | 4,466 |
Net income | $ | 96,735 |  |  | $ | 110,997 |
Diluted earnings per share | $ | 1.41 |  |  | $ | 1.66 |
Schedule Of Accounts Payable And Accrued Liabilities Of Joint Ventures [Table Text Block] | As of December 31, 2015 and 2014, The Maxwell's liabilities were as follows (in thousands):
| December 31,
| 2015 |  | 2014
Mortgage notes payable, net | $ | 32,214 |  |  | $ | 27,690 |
Accounts payable and other liabilities | 256 |  |  | 2,196 |
Tenant security deposits | 82 |  |  | 17 |
| $ | 32,552 |  |  | $ | 29,903 |
schedule of assets in joint venture [Table Text Block] | As of December 31, 2015 and 2014, The Maxwell's assets were as follows (in thousands):
| December 31,
| 2015 |  | 2014
Land | $ | 12,851 |  |  | $ | 12,851 |
Income producing property | 37,791 |  |  | 18,432 |
Accumulated depreciation and amortization | (2,347 | ) |  | — |
Properties under development or held for future development | — |  |  | 17,947 |
Other assets | 1,188 |  |  | — |
| $ | 49,483 |  |  | $ | 49,230 |
Schedule of income statement results for medical office segment sold [Table Text Block] [Table Text Block] | The impact of the sale of our medical office segment on revenues and net income is summarized as follows (in thousands, except per share data):
| Year Ending December 31,
| 2015 |  | 2014 |  | 2013
Real estate revenues | $ | — |  |  | $ | 892 |  |  | $ | 41,012 |
Net income | — |  |  | 546 |  |  | 14,044 |
Basic and diluted net income per share | — |  |  | 0.01 |  |  | 0.21 |

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