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Related Party Transactions and Investments in Non-Consolidated Entities (Details 3) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Related Party Transactions and Investments in Non-Consolidated Entities    
Asset management fees, low end of range (as a percent) 1.00%fsp_AssetManagementFeesPercentageLowEndOfRange  
Asset management fees, high end of range (as a percent) 5.00%fsp_AssetManagementFeesPercentageHighEndOfRange  
Notice period for cancellation of applicable contracts 30 days  
Asset management fee income from non-consolidated entities $ 211,000us-gaap_AssetManagementFees1 $ 234,000us-gaap_AssetManagementFees1