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Debt Obligations, net (Encumbered/Unencumbered Assets) (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Debt Instrument [Line Items]    
Real estate, net $ 2,796,181 $ 2,739,099
Real estate available and held for sale 360,517 635,865
Loans receivable, net(1) 1,370,109 [1] 1,829,985 [1]
Other investments 207,209 398,843
Cash and other assets 907,995 556,207
Total assets 5,642,011 6,159,999
Financing receivable, allowance for credit losses, collectively evaluated for impairment 29,200 [2] 33,100 [2]
Encumbered Assets
    
Debt Instrument [Line Items]    
Real estate, net 1,644,463 1,640,005
Real estate available and held for sale 152,604 263,842
Loans receivable, net(1) 860,557 [3] 1,197,403 [3]
Other investments 24,093 43,545
Cash and other assets 0 0
Total assets 2,681,717 3,144,795
Unencumbered Assets
    
Debt Instrument [Line Items]    
Real estate, net 1,151,718 1,099,094
Real estate available and held for sale 207,913 372,023
Loans receivable, net(1) 538,752 [3] 665,682 [3]
Other investments 183,116 355,298
Cash and other assets 907,995 556,207
Total assets $ 2,989,494 $ 3,048,304
[1] The Company's recorded investment in loans as of December 31, 2013 and 2012 also includes accrued interest of $6.5 million and $9.8 million, respectively, which are included in "Accrued interest and operating lease income receivable, net" on the Company's Consolidated Balance Sheets.
[2] The carrying value of these loans include unamortized discounts, premiums, deferred fees and costs aggregating to a net discount of $4.6 million and $3.8 million as of December 31, 2013 and 2012, respectively.
[3] As of December 31, 2013 and 2012, the amounts presented exclude general reserves for loan losses of $29.2 million and $33.1 million, respectively.