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Related Party Transactions (Details 4) (USD $)
12 Months Ended 1 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Sponsored REITs (no non-controlling preferred stock investment)
Dec. 31, 2010
Sponsored REITs (no non-controlling preferred stock investment)
Dec. 31, 2009
Sponsored REITs (no non-controlling preferred stock investment)
Dec. 31, 2011
Acquisition Loan
Y
Dec. 31, 2011
Acquisition Loan
FSP Union Centre Corp
loan
Dec. 31, 2010
Acquisition Loan
FSP Monument Circle Corp.
loan
Dec. 31, 2009
Acquisition Loan
FSP Centre Point V Corp.
loan
Dec. 31, 2011
Sponsored REIT Revolver
note
Y
Mar. 31, 2011
Sponsored REIT Revolver
FSP High Land Place I Corp.
Feb. 28, 2011
Sponsored REIT Revolver
FSP High Land Place I Corp.
Jan. 31, 2011
Sponsored REIT Revolver
FSP High Land Place I Corp.
Dec. 31, 2011
Sponsored REIT Revolver
FSP High Land Place I Corp.
Mar. 02, 2011
Sponsored REIT Revolver
FSP High Land Place I Corp.
Feb. 02, 2011
Sponsored REIT Revolver
FSP High Land Place I Corp.
Jan. 02, 2011
Sponsored REIT Revolver
FSP High Land Place I Corp.
Mar. 31, 2011
Sponsored REIT Revolver
FSP Satellite Place Corp.
Dec. 31, 2011
Sponsored REIT Revolver
FSP Satellite Place Corp.
Jan. 02, 2011
Sponsored REIT Revolver
FSP Satellite Place Corp.
Mar. 31, 2011
Sponsored REIT Revolver
FSP 1441 Main Street Corp.
Dec. 31, 2011
Sponsored REIT Revolver
FSP 1441 Main Street Corp.
Jan. 02, 2011
Sponsored REIT Revolver
FSP 1441 Main Street Corp.
Mar. 31, 2011
Sponsored REIT Revolver
FSP 505 Waterford Corp.
Dec. 31, 2011
Sponsored REIT Revolver
FSP 505 Waterford Corp.
Jan. 02, 2011
Sponsored REIT Revolver
FSP 505 Waterford Corp.
Mar. 31, 2011
Sponsored REIT Revolver
Phoenix Tower
Dec. 31, 2011
Sponsored REIT Revolver
Phoenix Tower
Jan. 02, 2011
Sponsored REIT Revolver
Phoenix Tower
Dec. 31, 2011
Construction loan
note
Mar. 31, 2009
Construction loan
FSP 385 Interlocken Development Corp.
Mar. 30, 2011
Construction loan
FSP 385 Interlocken Development Corp.
Dec. 31, 2011
Construction loan
FSP 385 Interlocken Development Corp.
Jan. 02, 2011
Construction loan
FSP 385 Interlocken Development Corp.
Dec. 31, 2011
Mortgage loan
FSP 50 South Tenth Street Corp.
Sponsored REITs                                                                      
Number of sponsored REITs to which loans have been provided                   5                                                  
Number of wholly-owned subsidiaries of the sponsored REITs to whom loan has been provided                                                           1          
Commitment fee paid by borrower at loan origination                                                             $ 210,000        
Term of loan (in years)           2                                                          
Number of loans outstanding             1 1 1                                                    
Term of sponsored REIT loan secured by mortgage, minimum (in years)                   2                                                  
Term of sponsored REIT loan secured by mortgage, maximum (in years)                   3                                                  
Maximum amount of loan 192,000,000                         5,500,000         5,500,000     10,800,000     7,000,000     15,000,000         42,000,000   106,200,000
Amount Drawn 140,516,000 57,684,000                       1,125,000         5,500,000     7,500,000     1,650,000     11,000,000         37,541,000   76,200,000
Sponsored REIT loans, base rate     30-day LIBOR               30-day LIBOR 30-day LIBOR 30-day LIBOR 30-day LIBOR       30-day LIBOR 30-day LIBOR   30-day LIBOR 30-day LIBOR   30-day LIBOR 30-day LIBOR   30-day LIBOR 30-day LIBOR       30-day LIBOR 30-day LIBOR    
Sponsored REIT loans, base rate margin (as a percent)                           4.40% 4.40% 3.00% 3.00%   4.40% 3.00%   4.40% 3.00%   4.40% 3.00%   4.40% 3.00%       4.40% 3.00%  
Fixed rate of interest (as a percent)                                                                     6.51%
Draw Fee (as a percent)     0.50%                   0.50% 0.50%         0.50%     0.50%     0.50%     0.50%             1.00%
Interest rate (as a percent)                           4.67%         4.67%     4.67%     4.67%     4.67%         4.67%   6.51%
Fixed mortgage amount                                                                     76,200,000
Revolving line of credit component                                                                     30,000,000
Loan fee related to fixed mortgage component                                                                     762,000
Repayment fee (as a percent)                                                                     0.49%
Interest income and fees from the Sponsored REIT Loans     $ 3,087,000 $ 1,609,000 $ 838,000