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Basis of Preparation (Details) (USD $) | 1 Months Ended | 6 Months Ended | 12 Months Ended |  | 1 Months Ended | 6 Months Ended |  | 6 Months Ended
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Feb. 28, 2014 item | Jun. 30, 2014 item | Dec. 31, 2013 item | Jun. 30, 2014 Noxell Corporation industrial building, Joppa, Maryland | Jun. 30, 2014 Land - River Crossing Apartments, Sandy Springs, Georgia | Jun. 30, 2014 Land - River Crossing Apartments, Sandy Springs, Georgia item | Jun. 30, 2014 Consolidated JV item | Jun. 30, 2014 Consolidated JV Minimum | Jun. 30, 2014 Consolidated JV Maximum | Jun. 30, 2014 Unconsolidated JV item
Investment in Joint Ventures |  |  |  |  |  |  |  |  |  |
Number of joint ventures with controlling interest |  |  |  |  |  |  | 6 |  |  |
Contract Purchase Price |  | $ 32,864,000 |  |  | $ 6,510,000 | $ 6,510,000 |  |  |  |
Number of apartment units in the complex purchased |  |  |  |  |  | 196 |  |  |  |
Maximum exposure to loss |  |  |  |  | 6,540,000 | 6,540,000 |  |  |  |
Carrying value of the land |  | 601,883,000 | 567,358,000 |  | 6,516,000 | 6,516,000 |  |  |  |
Rent receivable |  | 14,352,000 | 13,743,000 |  | 24,000 | 24,000 |  |  |  |
Restricted assets |  |  |  | 0 |  |  |  |  |  |
Land |  | 169,242,000 | 153,529,000 | 3,803,000 |  |  |  |  |  |
Buildings and improvements |  | 432,641,000 | 413,829,000 | 8,142,000 |  |  |  |  |  |
Accrued expenses and other liabilities |  | 10,631,000 | 7,790,000 | 78,000 |  |  |  |  |  |
Non-controlling interest in joint ventures |  | $ 1,333,000 | $ 1,158,000 | $ 5,000 |  |  |  |  |  |
Ownership interest in consolidated joint venture (as a percent) |  |  |  | 95.00% |  |  |  | 85.00% | 95.00% |
Number of unconsolidated joint ventures |  | 5 | 5 |  |  |  |  |  |  | 5
Reclassification |  |  |  |  |  |  |  |  |  |
Number of properties sold and reclassified to discontinued operations | 2 |  |  |  |  |  |  |  |  |

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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.15(a)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Subparagraph a -Article 7 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 15 -Subparagraph 5 -Article 9 + Details
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