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Fair Value Measurements (Details) (USD $)
 3 Months Ended 6 Months Ended 1 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2014
Jun. 30, 2014
Jun. 30, 2013
Aug. 01, 2014
Line of credit
Jun. 30, 2014
Line of credit
Dec. 31, 2013
Line of credit
Jun. 30, 2014
Recurring
Carrying and fair Value
Dec. 31, 2013
Recurring
Carrying and fair Value
Jun. 30, 2014
Recurring
Carrying and fair Value
Interest rate swap
Dec. 31, 2013
Recurring
Carrying and fair Value
Interest rate swap
Jun. 30, 2014
Recurring
Level 1
Dec. 31, 2013
Recurring
Level 1
Jun. 30, 2014
Recurring
Level 2
Interest rate swap
Dec. 31, 2013
Recurring
Level 2
Interest rate swap
Jun. 30, 2014
Other equity securities
May 31, 2014
BRT Realty Trust
Gould Investors L.P
Jun. 30, 2014
Mortgages payable
Dec. 31, 2013
Mortgages payable
Fair Value of Financial Instruments                                    
Estimated fair value of mortgages payable                                 $ 289,447,000 $ 283,142,000
Excess of fair value over carrying value                                 5,074,000 5,097,000
Blended or estimated market interest rate (as a percent)                                 4.80% 5.00%
Weighted average remaining term of the mortgages                                 9 years 2 months 12 days 9 years
Carrying amount       35,450,000 36,850,000 23,250,000                        
Available-for-sale securities:                                    
Equity securities             25,000 282,000     25,000 282,000     25,200      
Derivative financial instruments                 112,000 265,000     112,000 265,000        
Financial liabilities:                                    
Derivative financial instruments                 2,206,000 774,000     2,206,000 774,000        
Available-for-sale securities                                    
Aggregate cost of available-for-sale securities 5,300 5,300                                
Unrealized gain on available-for-sale securities 19,900 19,900                                
Number of shares sold to related party                               37,081    
Proceeds from shares sold to related party   266,000 19,000                         266,000    
Period based on which average of the closing prices considered for proceeds from related party                               30 days    
Cost of shares sold to related party                               132,000    
Gain on sale shares sold to related party 134,000 134,000 6,000                         134,000    
Gain reclassified from accumulated other comprehensive loss on the balance sheet into earnings                               $ 132,000