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Consolidated Statements Of Cash Flows (USD $)
 3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
OPERATING ACTIVITIES    
Net income $ 3,399,000us-gaap_ProfitLoss $ 1,710,000us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment charges, net 956,000cdr_ImpairmentReversalsCharges 146,000cdr_ImpairmentReversalsCharges
Straight-line rents (196,000)us-gaap_StraightLineRent (187,000)us-gaap_StraightLineRent
Provision for doubtful accounts 309,000us-gaap_ProvisionForDoubtfulAccounts 591,000us-gaap_ProvisionForDoubtfulAccounts
Depreciation and amortization 9,508,000us-gaap_DepreciationDepletionAndAmortization 9,448,000us-gaap_DepreciationDepletionAndAmortization
Amortization of intangible lease liabilities (830,000)us-gaap_AmortizationOfLeaseIncentives (1,141,000)us-gaap_AmortizationOfLeaseIncentives
Expense relating to share-based compensation, net 804,000us-gaap_ShareBasedCompensation 790,000us-gaap_ShareBasedCompensation
Amortization (including accelerated write-off) of deferred financing costs 424,000us-gaap_AmortizationOfFinancingCosts 608,000us-gaap_AmortizationOfFinancingCosts
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:    
Rents and other receivables, net (3,775,000)us-gaap_IncreaseDecreaseInAccountsReceivable (3,080,000)us-gaap_IncreaseDecreaseInAccountsReceivable
Prepaid expenses and other (483,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (786,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued liabilities (361,000)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (507,000)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash provided by operating activities 9,755,000us-gaap_NetCashProvidedByUsedInOperatingActivities 7,592,000us-gaap_NetCashProvidedByUsedInOperatingActivities
INVESTING ACTIVITIES    
Acquisitions of real estate (24,449,000)us-gaap_PaymentsToAcquireRealEstate (38,861,000)us-gaap_PaymentsToAcquireRealEstate
Expenditures for real estate improvements (1,083,000)us-gaap_PaymentsToAcquireAndDevelopRealEstate (3,171,000)us-gaap_PaymentsToAcquireAndDevelopRealEstate
Net proceeds from sales of real estate 2,100,000us-gaap_ProceedsFromSaleOfRealEstate 24,451,000us-gaap_ProceedsFromSaleOfRealEstate
Construction escrows and other (55,000)us-gaap_IncreaseDecreaseInRestrictedCash (1,126,000)us-gaap_IncreaseDecreaseInRestrictedCash
Net cash (used) by investing activities (23,487,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (18,707,000)us-gaap_NetCashProvidedByUsedInInvestingActivities
FINANCING ACTIVITIES    
Repayments under revolving credit facility (93,000,000)us-gaap_RepaymentsOfLongTermLinesOfCredit (85,500,000)us-gaap_RepaymentsOfLongTermLinesOfCredit
Advances under revolving credit facility 69,000,000us-gaap_ProceedsFromLongTermLinesOfCredit 51,000,000us-gaap_ProceedsFromLongTermLinesOfCredit
Advances under term loans 50,000,000cdr_AdvancesUnderTermLoans 75,000,000cdr_AdvancesUnderTermLoans
Mortgage repayments (32,121,000)us-gaap_RepaymentsOfSecuredDebt (60,745,000)us-gaap_RepaymentsOfSecuredDebt
Payments of debt financing costs (2,599,000)us-gaap_PaymentsOfFinancingCosts (1,257,000)us-gaap_PaymentsOfFinancingCosts
Noncontrolling interests:    
Purchase of joint venture minority interests share (11,219,000)cdr_PaymentsToAcquireShareOfJointVentureMinorityInterests  
Distributions to limited partners (20,000)us-gaap_DistributionMadeToLimitedPartnerCashDistributionsPaid (23,000)us-gaap_DistributionMadeToLimitedPartnerCashDistributionsPaid
Common stock sales less issuance expenses, net 41,811,000us-gaap_PaymentsOfStockIssuanceCosts 41,306,000us-gaap_PaymentsOfStockIssuanceCosts
Preferred stock dividends (3,602,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock (3,602,000)us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock
Distributions to common shareholders (4,246,000)us-gaap_PaymentsOfDividendsCommonStock (3,958,000)us-gaap_PaymentsOfDividendsCommonStock
Net cash provided by financing activities 14,004,000us-gaap_NetCashProvidedByUsedInFinancingActivities 12,221,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase in cash and cash equivalents 272,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,106,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 3,499,000us-gaap_CashAndCashEquivalentsAtCarryingValue 3,973,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 3,771,000us-gaap_CashAndCashEquivalentsAtCarryingValue $ 5,079,000us-gaap_CashAndCashEquivalentsAtCarryingValue