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Fair Value Measurements (Details) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2013
Recurring
Carrying and fair Value
Mar. 31, 2012
Recurring
Carrying and fair Value
Mar. 31, 2013
Recurring
Level 1
Mar. 31, 2012
Recurring
Level 1
Mar. 31, 2013
Recurring
Level 2
Mar. 31, 2012
Recurring
Level 2
Mar. 31, 2013
BRT Realty Trust
Mar. 31, 2013
Other equity securities
Mar. 31, 2013
Mortgages payable
Dec. 31, 2012
Mortgages payable
Mar. 31, 2013
Line of credit
Fair Value of Financial Instruments                        
Estimated fair value of mortgages payable                   $ 237,844,000 $ 233,170,000  
Excess of fair value over carrying value                   11,442,000 7,199,000  
Blended or estimated market interest rate (as a percent)                   4.25% 4.80%  
Weighted average remaining term of the mortgages                   8 years 10 months 24 days 9 years 2 months 12 days  
Carrying amount of debt instrument                       3,500,000
Available-for-sale securities:                        
Equity securities   281,000 278,000 281,000 278,000     260,000 21,000      
Financial liabilities:                        
Derivative financial instruments   1,292,000 1,470,000     1,292,000 1,470,000          
Available-for-sale securities                        
Aggregate cost of available-for-sale securities 138,000                      
Unrealized gain on available-for-sale securities $ 143,000