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Related Party Transactions and Investments in Non-Consolidated Entities (Details 4) (USD $) |  |  | 6 Months Ended | 12 Months Ended | 6 Months Ended | 1 Months Ended | 6 Months Ended |  |  |  | 6 Months Ended |  |  | 6 Months Ended |  |  | 6 Months Ended |  |  | 6 Months Ended |  |  | 6 Months Ended |  | 6 Months Ended | 1 Months Ended | 3 Months Ended | 6 Months Ended |  | 3 Months Ended | 12 Months Ended |
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Jun. 30, 2012 | Dec. 31, 2011 | Jun. 30, 2012 Sponsored REITs (no non-controlling preferred stock investment) | Jun. 30, 2011 Sponsored REITs (no non-controlling preferred stock investment) | Jun. 30, 2012 Acquisition Loan Y | Dec. 31, 2011 Acquisition Loan FSP Union Centre Corp loan | Jun. 30, 2012 Secured revolving lines of credit note Y | Mar. 31, 2011 Secured revolving lines of credit FSP High Land Place I Corp. | Feb. 28, 2011 Secured revolving lines of credit FSP High Land Place I Corp. | Jan. 31, 2011 Secured revolving lines of credit FSP High Land Place I Corp. | Jun. 30, 2012 Secured revolving lines of credit FSP High Land Place I Corp. | Mar. 02, 2011 Secured revolving lines of credit FSP High Land Place I Corp. | Feb. 02, 2011 Secured revolving lines of credit FSP High Land Place I Corp. | Jan. 02, 2011 Secured revolving lines of credit FSP High Land Place I Corp. | Jun. 30, 2012 Secured revolving lines of credit FSP Satellite Place Corp. | Mar. 30, 2011 Secured revolving lines of credit FSP Satellite Place Corp. | Jan. 02, 2011 Secured revolving lines of credit FSP Satellite Place Corp. | Jun. 30, 2012 Secured revolving lines of credit FSP 1441 Main Street Corp. | Mar. 30, 2011 Secured revolving lines of credit FSP 1441 Main Street Corp. | Jan. 02, 2011 Secured revolving lines of credit FSP 1441 Main Street Corp. | Jun. 30, 2012 Secured revolving lines of credit FSP 505 Waterford Corp. | Mar. 30, 2011 Secured revolving lines of credit FSP 505 Waterford Corp. | Jan. 02, 2011 Secured revolving lines of credit FSP 505 Waterford Corp. | Jun. 30, 2012 Secured revolving lines of credit FSP Phoenix Tower Corp. | Mar. 30, 2011 Secured revolving lines of credit FSP Phoenix Tower Corp. | Jan. 02, 2011 Secured revolving lines of credit FSP Phoenix Tower Corp. | Jun. 30, 2012 Secured revolving lines of credit FSP Gallieria North Corp. | Mar. 30, 2011 Secured revolving lines of credit FSP 385 Interlocken Development Corp. | Jun. 30, 2012 Secured construction loan note | Mar. 31, 2009 Secured construction loan FSP 385 Interlocken Development Corp. | Mar. 30, 2011 Secured construction loan FSP 385 Interlocken Development Corp. | Jun. 30, 2012 Secured construction loan FSP 385 Interlocken Development Corp. | Jan. 02, 2011 Secured construction loan FSP 385 Interlocken Development Corp. | Mar. 31, 2012 Mortgage loan secured by property FSP 50 South Tenth Street Corp. | Dec. 31, 2011 Mortgage loan secured by property FSP 50 South Tenth Street Corp. | Jun. 30, 2012 Mortgage loan secured by property FSP 50 South Tenth Street Corp.
Sponsored REITs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of sponsored REITs to which loans have been provided |  |  |  |  |  |  | 6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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 | 207,000,000 |  |  |  |  |  |  |  |  |  | 5,500,000 |  |  |  | 5,500,000 |  |  | 10,800,000 |  |  | 7,000,000 |  |  | 15,000,000 |  |  | 15,000,000 |  |  |  |  | 42,000,000 |  |  |  | 106,200,000
Amount Drawn | 177,536,000 | 140,516,000 |  |  |  |  |  |  |  |  | 1,125,000 |  |  |  | 5,500,000 |  |  | 7,500,000 |  |  | 2,350,000 |  |  | 15,000,000 |  |  | 2,320,000 |  |  |  |  | 37,541,000 |  |  |  | 106,200,000
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 |  |  |  |
Sponsored REIT loans, base rate margin (as a percent) |  |  |  |  |  |  |  |  |  |  | 4.40% | 4.40% | 3.00% | 3.00% | 4.40% | 3.00% | 3.00% | 4.40% | 3.00% | 3.00% | 4.40% | 3.00% | 3.00% | 4.40% | 3.00% | 3.00% | 5.00% | 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) |  |  |  |  |  |  |  |  |  |  | 4.64% |  |  |  | 4.64% |  |  | 4.64% |  |  | 4.64% |  |  | 4.64% |  |  | 5.24% |  |  |  |  | 4.64% |  |  |  | 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 |
Payment of loan fee related to fixed mortgage component |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 300,000 |  |
Amount drawn from revolving line of credit component |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 30,000,000 |  |
Repayment fee (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.49% | 0.49% |
Interest income and fees from the Sponsored REIT Loans |  |  | $ 5,102,000 | $ 1,494,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Reflects the amount drawn from revolving line of credit component of loan due from related parties at the balance sheet date. + References No definition available. + Details
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- Definition Reflects the maximum amount of fixed mortgage loan due from related parties at the balance sheet date. + References No definition available. + Details
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- Definition Reflects the maximum amount of loan due from related parties at the balance sheet date. + References No definition available. + Details
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- Definition Reflects the maximum amount of revolving line of credit component of loan due from related parties at the balance sheet date. + References No definition available. + Details
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- Definition Represents the percentage of draw fee of each new advance given. + References No definition available. + Details
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- Definition Represents the percentage of fixed rate of interest on the loans receivable. + References No definition available. + Details
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- Definition Represents the percentage of fee charged on all amounts repaid under the loan. + References No definition available. + Details
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- Definition Stated maximum period for maturity of the mortgage loan receivable on real estate. + References No definition available. + Details
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- Definition Stated minimum period for maturity of the mortgage loan receivable on real estate. + References No definition available. + Details
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- Definition Term of mortgage loan represented in number of years. + References No definition available. + Details
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- Definition Number of loans provided under the mortgage loan facility. + References No definition available. + Details
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- Definition Represents the number of sponsored REITs of the entity to which loans have been provided. + References No definition available. + Details
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- Definition Represents the number of wholly-owned subsidiaries of the sponsored REITs of the entity to whom loan has been provided. + References No definition available. + Details
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- Definition The interest rate of the mortgage loan receivable at the end of the period. + References No definition available. + Details
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- Definition Loan fees received on mortgage loans during the reporting period. + References No definition available. + Details
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- Definition For an unclassified balance sheet, reflects the carrying amount of unpaid loan amounts due from related parties at the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.7(e)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 57 -Paragraph 2 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Chapter V -Section 563c.102 -Subsection I -Paragraph 8 -Subparagraph j -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy. It will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 9 -Section 03 -Paragraph 7 -Subparagraph e + Details
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- Definition The percentage points (also referred to as 'margin') added to the reference rate as stated in the loan agreement and used to compute the variable rate on the loans receivable. For instance, the loan agreement might state that the interest rate the borrower is obligated to pay is the London Interbank Offered Rate (LIBOR) plus three quarters (3/4) of a percentage point adjusted quarterly (each three months). LIBOR in this example is the index or reference rate, 3/4 percentage point is the margin, the reference rate plus the margin is the fully indexed rate. This element would be used to report separately the margin. + References No definition available. + Details
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- Definition The reference rate for the variable rate of the loans receivable, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
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