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Variable Interest Entities, Contingent Liabilities and Consolidated Joint Ventures (Details) | 1 Months Ended | 3 Months Ended | 12 Months Ended
--- | --- | --- | ---
Mar. 31, 2015 USD ($) item | Jun. 30, 2014 USD ($) item | Mar. 31, 2016 USD ($) item | Mar. 31, 2015 USD ($) | Dec. 31, 2015 USD ($)
Variable Interest Entities |  |  |  |  |
Carrying value of mortgage loans |  |  | $ 321,761,000 |  | $ 331,055,000
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Maximum Exposure to Loss |  |  | 16,135,000 |  |
Restricted cash |  |  | 1,031,000 |  | 1,074,000
Land |  |  | 1,221,000 |  |
Unbilled rent receivable |  |  | 13,472,000 |  | 13,577,000
Unamortized intangible lease assets, net |  |  | 28,988,000 |  | 28,978,000
Escrow, deposits and other assets and receivables |  |  | 5,374,000 |  | 4,268,000
Mortgages payable, net of deferred financing costs of $464 and $438, respectively |  |  | 321,761,000 |  | 331,055,000
Accrued expenses and other liabilities |  |  | 17,599,000 |  | 13,852,000
Unamortized intangible lease liabilities, net |  |  | 14,310,000 |  | 14,521,000
Accumulated other comprehensive loss |  |  | (8,378,000) |  | (4,390,000)
Non-controlling interests in consolidated joint ventures |  |  | $ 1,834,000 |  | 1,931,000
Percentage of rental income |  |  |  | 0.80% |
Consolidated JV |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Number of joint ventures with controlling interest | item |  |  | 6 |  |
Minimum | Consolidated JV |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Ownership interest in consolidated joint venture of the company (as a percent) |  |  | 85.00% |  |
Maximum | Consolidated JV |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Ownership interest in consolidated joint venture of the company (as a percent) |  |  | 95.00% |  |
Industrial building, Joppa, Maryland |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Ownership interest in consolidated joint venture of the company (as a percent) |  | 95.00% |  |  |
Consolidated VIE entities |  |  |  |  |
Variable Interest Entities |  |  |  |  |
Carrying value of mortgage loans |  |  | $ 26,693,000 |  | 25,926,000
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Land |  |  | 18,400,000 |  | 18,400,000
Buildings and improvements, net of depreciation of $2,343 and $2,076, respectively |  |  | 34,258,000 |  | 34,287,000
Cash |  |  | 1,588,000 |  | 1,960,000
Unbilled rent receivable |  |  | 358,000 |  | 330,000
Unamortized intangible lease assets, net |  |  | 1,894,000 |  | 1,996,000
Escrow, deposits and other assets and receivables |  |  | 1,016,000 |  | 752,000
Mortgages payable, net of deferred financing costs of $464 and $438, respectively |  |  | 26,693,000 |  | 25,926,000
Accrued expenses and other liabilities |  |  | 1,308,000 |  | 793,000
Unamortized intangible lease liabilities, net |  |  | 2,341,000 |  | 2,392,000
Accumulated other comprehensive loss |  |  | (280,000) |  | (126,000)
Non-controlling interests in consolidated joint ventures |  |  | 1,834,000 |  | 1,931,000
Depreciation |  |  | 2,343,000 |  | 2,076,000
Deferred financing costs |  |  | $ 464,000 |  | 438,000
Consolidated VIE entities | Consolidated JV |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Number of joint ventures with controlling interest | item |  |  | 7 |  |
MCB Real Estate LLC And Its Affiliates | Consolidated JV |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Number of joint ventures with controlling interest | item |  |  | 5 |  |
Investment in consolidated joint ventures |  |  | $ 18,064,000 |  |
MCB Real Estate LLC And Its Affiliates | Consolidated JV | Pathmark supermarket in Philadelphia, Pennsylvania |  |  |  |  |
Variable Interest Entities |  |  |  |  |
Carrying value of mortgage loans |  |  | 4,485,000 |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Mortgages payable, net of deferred financing costs of $464 and $438, respectively |  |  | 4,485,000 |  |
Investment in consolidated joint ventures |  |  | 2,763,000 |  |
Percentage of rental income |  |  |  | 1.30% |
Impairment charge |  |  | 0 |  |
Land - The Meadows Apartments, Lakemoor, Illinois |  |  |  |  |
Variable Interest Entities |  |  |  |  |
Contract purchase price (real estate) | $ 9,300,000 |  |  |  |
Number of apartment units in the complex purchased | item | 496 |  |  |  |
Carrying value of mortgage loans |  |  | 43,824,000 |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Mortgages payable, net of deferred financing costs of $464 and $438, respectively |  |  | 43,824,000 |  |
Land - The Meadows Apartments, Lakemoor, Illinois | Land. |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Maximum Exposure to Loss |  |  | 9,592,000 |  |
Land - The Meadows Apartments, Lakemoor, Illinois | Unbilled rent receivable |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Maximum Exposure to Loss |  |  | 12,000 |  |
Land - River Crossing Apartments, Sandy Springs, Georgia |  |  |  |  |
Variable Interest Entities |  |  |  |  |
Contract purchase price (real estate) |  | $ 6,510,000 |  |  |
Number of apartment units in the complex purchased | item |  | 196 |  |  |
Carrying value of mortgage loans |  |  | 16,230,000 |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Restricted cash for tenant improvements and other reserve, net |  | $ 1,894,000 | 110,000 |  | 941,000
Additional reserve received for tenant improvements |  |  | 67,000 |  | 121,000
Restricted cash |  |  | 1,031,000 |  | $ 1,074,000
Mortgages payable, net of deferred financing costs of $464 and $438, respectively |  |  | 16,230,000 |  |
Land - River Crossing Apartments, Sandy Springs, Georgia | Land. |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Maximum Exposure to Loss |  |  | 6,528,000 |  |
Land - River Crossing Apartments, Sandy Springs, Georgia | Unbilled rent receivable |  |  |  |  |
Variable Interest Entity, Nonconsolidated, Comparison of Carrying Amount of Assets and Liabilities to Maximum Loss Exposure |  |  |  |  |
Maximum Exposure to Loss |  |  | 3,000 |  |
The Meadows Apartments, Lakemoor, Illinois and River Crossing Apartments, Sandy Springs, Georgia |  |  |  |  |
Variable Interest Entities |  |  |  |  |
Revenue from the ground lease |  |  | $ 428,000 | $ 252,000 |

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- Definition The amount of additional reserve that was received for tenant improvements. + References No definition available. + Details
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- Definition This element represents the designation of funds that are furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. It also includes prepaid expenses and tenant improvement allowance. It further includes carrying amounts due as of the balance sheet date from parties or arising from transactions not otherwise specified in the taxonomy and other assets. + References No definition available. + Details
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- Definition Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements, net of depreciation. + References No definition available. + Details
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- Definition Represents the number of apartment units in the complex purchased during the period. + References No definition available. + Details
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- Definition Represent the percentage of the company's rental income accounted by the tenant. + References No definition available. + Details
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- Definition The carrying amount of investments in consolidated real estate and other joint ventures not separately presented. This includes direct and indirect investments. + References No definition available. + Details
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- Definition Restricted cash that was received (disbursed) for tenant improvements and other reserve requirements. + References No definition available. + Details
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- Definition This element represents the identifiable intangible asset established upon acquisition based on a favorable difference between the terms of an acquired lease and the current market terms for that lease at the acquisition date, less accumulated amortization. This element also includes intangible origination costs representing estimated costs to execute similar leases, less accumulated amortization. + References No definition available. + Details
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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 + Details
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- Definition Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 31 -Article 5 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 + Details
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- Definition Amount of real estate acquired, at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4845-128472 + Details
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Cash -URI http://asc.fasb.org/extlink&oid=6506951 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28555-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The cumulative difference between the rental payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense over the term of the leased property, by the lessor or lessee, respectively. Such receivable is reduced by allowances attributable to, for instance, credit risk associated with a lessee. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 35 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6453741&loc=d3e40879-112712 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7501430&loc=d3e39927-112707 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.8) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7501430&loc=d3e39896-112707 + Details
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 + Details
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- Definition The charge against earnings in the period to reduce the carrying amount of real property to fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585 + Details
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- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 27 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 7 + Details
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- Definition This element represents a liability associated with the acquisition of an off-market lease when the terms of the lease are unfavorable to the market terms for the lease at the date of acquisition. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.24) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The total amount of revenue recognized for the period from operating leases, including minimum lease revenue, contingent revenue, percentage revenue and sublease revenue. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=7501430&loc=d3e39896-112707 + Details
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- Definition The cash outflow from the acquisition of a piece of land, anything permanently fixed to it, including buildings, structures on it and so forth; includes real estate intended to generate income for the owner; excludes real estate acquired for use by the owner. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3213-108585 + Details
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- Definition The carrying amounts of cash and cash equivalent items which are restricted as to withdrawal or usage. Restrictions may include legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or entity statements of intention with regard to particular deposits; however, time deposits and short-term certificates of deposit are not generally included in legally restricted deposits. Excludes compensating balance arrangements that are not agreements which legally restrict the use of cash amounts shown on the balance sheet. This element is for unclassified presentations; for classified presentations there is a separate and distinct element. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + 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 210.9-03.16) -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 210.7-03.16) -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 02 -Paragraph 19, 20, 22 -Article 5 + Details
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- Definition The reporting entity's maximum amount of exposure to loss as a result of its involvement with the Variable Interest Entity (VIE). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph b -URI http://asc.fasb.org/extlink&oid=52262685&loc=d3e5728-111685 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=52262685&loc=d3e5747-111685 + Details
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