InvenTrust Properties (IVT) 10-Q 14 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 08, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'Inland American Real Estate Trust, Inc.	'
Entity Central Index Key	'0001307748	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	861,824,768
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investment properties:	'	'
Land	$1,333,519	$1,356,331
Building and other improvements	6,992,130	6,849,321
Construction in progress	235,770	196,754
Total	8,561,419	8,402,406
Less accumulated depreciation	-1,375,478	-1,251,454
Net investment properties	7,185,941	7,150,952
Cash and cash equivalents	364,188	319,237
Restricted cash and escrows	151,119	137,980
Investment in marketable securities	231,348	242,819
Investment in unconsolidated entities	259,923	263,918
Accounts and rents receivable (net of allowance of $7,528 and $9,378)	81,966	65,234
Intangible assets, net	179,307	176,998
Deferred costs and other assets	91,847	108,597
Assets held for sale	0	1,196,729
Total assets	8,545,639	9,662,464
Liabilities	'	'
Debt	4,345,728	4,153,099
Accounts payable and accrued expenses	173,111	174,751
Distributions payable	35,834	37,911
Intangible liabilities, net	54,288	59,097
Other liabilities	66,930	90,809
Liabilities held for sale	0	880,156
Total liabilities	4,675,891	5,395,823
Commitments and contingencies	'	'
Stockholders’ Equity	'	'
Preferred stock, $.001 par value, 40,000,000 shares authorized, none outstanding	0	0
Common stock, $.001 par value, 1,460,000,000 shares authorized, 860,013,182 and 909,855,173 shares issued and outstanding	859	909
Additional paid in capital	7,743,015	8,063,517
Accumulated distributions in excess of net loss	-3,952,113	-3,870,649
Accumulated other comprehensive income	75,271	71,128
Total Company stockholders’ equity	3,867,032	4,264,905
Noncontrolling interests	2,716	1,736
Total equity	3,869,748	4,266,641
Total liabilities and equity	$8,545,639	$9,662,464

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Accounts and rents receivable, allowance	$7,528	$9,378
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	40,000,000	40,000,000
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	1,460,000,000	1,460,000,000
Common stock, shares issued	860,013,182	909,855,173
Common stock, shares outstanding	860,013,182	909,855,173

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Other Comprehensive Income (Unaudited) (USD $)	3 Months Ended				6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Income:	'		'		'		'
Rental income	$94,347		$92,273		$192,390		$189,079
Tenant recovery income	16,986		17,771		35,341		36,790
Other property income	2,810		1,516		4,946		3,387
Lodging income	314,294		220,091		588,639		404,690
Total income	428,437		331,651		821,316		633,946
Expenses:	'		'		'		'
General and administrative expenses	19,214		12,788		36,774		22,937
Property operating expenses	22,555		19,756		44,244		40,088
Lodging operating expenses	196,119		136,711		377,938		260,150
Real estate taxes	22,944		21,897		46,906		43,050
Depreciation and amortization	87,300		78,819		173,370		159,756
Business management fee	12		9,507		2,605		19,479
Provision for asset impairment	68,106	[1]	175,612	[2]	77,945	[3]	185,067
Total expenses	416,250		455,090		759,782		730,527
Operating income (loss)	12,187		-123,439		61,534		-96,581
Interest and dividend income	4,013		4,962		8,091		10,193
Gain (Loss) on Sale of Properties	11,342		13,215		12,585		13,215
Other income (loss)	1,871		-3,384		2,908		-2,405
Interest expense	-54,866		-54,817		-108,471		-110,706
Equity in earnings of unconsolidated entities	1,944		9,018		2,423		8,044
Gain (loss) on investment in unconsolidated entities, net	28		-701		4,509		-568
Realized gain on securities, net	15,113		16,163		15,147		17,644
Loss before income taxes	-8,368		-138,983		-1,274		-161,164
Income tax expense	-2,446		-674		-4,666		-2,704
Net loss from continuing operations	-10,814		-139,657		-5,940		-163,868
Net income from discontinued operations	20,311		106,901		145,919		135,606
Net income (loss)	9,497		-32,756		139,979		-28,262
Less: Net income attributable to noncontrolling interests	-8		0		-8		-8
Net income (loss) attributable to Company	9,489		-32,756		139,971		-28,270
Net loss per common share, from continuing operations (in dollars per share)	($0.01)		($0.16)		($0.01)		($0.18)
Net income (loss) per common share, from discontinued operations (in dollars per share)	$0.02		$0.13		$0.16		$0.15
Net income (loss) per common share, basic and diluted (in dollars per share)	$0.01		($0.03)		$0.15		($0.03)
Weighted average number of common shares outstanding, basic and diluted (in shares)	876,951,378		897,233,931		894,674,445		894,679,702
Comprehensive income (loss):	'		'		'		'
Unrealized gain (loss) on investment securities	9,872		-21,577		20,435		25,816
Unrealized loss on derivatives	-969		0		-1,719		-4
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax	14,757		'		'		'
Reclassification adjustment for amounts recognized in net income	'		-16,030		-14,573		-17,113
Comprehensive income (loss) attributable to the Company	$3,635		($70,363)		$144,114		($19,571)
[1]	Total provision for asset impairment included $68,106 related to two non-core properties.
[2]	Total provision for asset impairment included $175,612 related to seven non-core properties.
[3]	Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Equity (Unaudited) (USD $)	Total	Common Stock	Additional Paid-in Capital	Tender Offer Event, Shares [Member]	Tender Offer Event [Member]	Tender Offer Event, Additional Paid-In Capital [Member]	Tender Offer Event, Common Stock [Member]	Accumulated Distributions in excess of Net Loss	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interests
In Thousands, except Share data, unless otherwise specified	USD ($)	USD ($)	USD ($)		USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
Balance, value at Dec. 31, 2012	$4,342,750	$889	$7,921,913	'	'	'	'	($3,664,591)	$84,414	$125
Balance, shares at Dec. 31, 2012	'	889,424,572	'	'	'	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'
Net Income Loss Attributable To Company Inclusive Of Noncontrolling Interest Excluding Noncontrolling Redeemable Interests	'	'	'	'	'	'	'	-28,270	'	8
Net income (loss)	-28,262	'	'	'	'	'	'	'	'	'
Unrealized gain on investment securities	25,816	'	'	'	'	'	'	'	'	'
Unrealized (gain) loss on derivatives	-4	'	'	'	'	'	'	'	'	'
Reclassification adjustment from AOCI on derivatives and securities	-17,113	'	'	'	'	'	'	'	-17,113	'
Distributions declared	-223,781	'	'	'	'	'	'	-223,781	'	'
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	-8	'	'	'	'	'	'	'	'	'
Proceeds from distribution reinvestment plan, value	91,366	13	91,353	'	'	'	'	'	'	'
Proceeds from distribution reinvestment plan, shares	'	13,200,963	'	'	'	'	'	'	'	'
Share repurchase program, shares	'	-2,754,964	'	'	'	'	'	'	'	'
Stock Repurchased During Period, Value	19,063	3	19,060	'	'	'	'	'	'	'
Balance, value at Jun. 30, 2013	'	'	'	'	'	'	'	'	'	'
Balance, value at Dec. 31, 2013	4,266,641	909	8,063,517	'	'	'	'	-3,870,649	71,128	1,736
Balance, shares at Dec. 31, 2013	'	909,855,173	'	'	'	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'	'	'
Net Income Loss Attributable To Company Inclusive Of Noncontrolling Interest Excluding Noncontrolling Redeemable Interests	139,979	'	'	'	'	'	'	139,971	'	8
Net income (loss)	139,979	'	'	'	'	'	'	'	'	'
Unrealized gain on investment securities	20,435	'	'	'	'	'	'	'	'	'
Unrealized (gain) loss on derivatives	-1,719	'	'	'	'	'	'	'	'	'
Reclassification adjustment from AOCI on derivatives and securities	-14,573	'	'	'	'	'	'	'	'	'
Distributions declared	-221,435	'	'	'	'	'	'	-221,435	'	'
Noncontrolling Interest, Increase from Subsidiary Equity Issuance	972	'	'	'	'	'	'	'	'	'
Proceeds from distribution reinvestment plan, value	83,259	12	83,247	'	'	'	'	'	'	'
Proceeds from distribution reinvestment plan, shares	'	11,997,004	'	'	'	'	'	'	'	'
Share repurchase program, shares	'	-1,077,829	'	'	'	'	'	'	'	'
Stock Repurchased and Retired During Period, Value	-7,481	-1	-7,480	'	-396,330	-396,269	-61	'	'	'
Stock Repurchased During Period, Shares	'	'	'	-60,761,166	'	'	'	'	'	'
Balance, value at Jun. 30, 2014	$3,869,748	$859	$7,743,015	'	'	'	'	($3,952,113)	$75,271	$2,716
Balance, shares at Jun. 30, 2014	'	860,013,182	'	'	'	'	'	'	'	'

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net income (loss)	$139,979	($28,262)
Adjustments to reconcile net income (loss) to net cash provided by operating activities	'	'
Depreciation and amortization	173,428	204,999
Amortization of above and below market leases, net	29	-1,764
Amortization of debt premiums, discounts and financing costs	6,949	7,699
Straight-line rental income	-2,585	-4,630
Provision for asset impairment	77,945	189,543
(Gain) loss on sale of property, net	157,961	132,921
Loss on extinguishment of debt	10,079	2,396
Equity in earnings of unconsolidated entities	-2,423	-8,044
Distributions from unconsolidated entities	4,540	1,373
(Gain) loss on purchase of investment in unconsolidated entities	-4,509	568
Marketable Securities, Realized Gain (Loss)	15,147	'
Realized gain on securities	'	-17,644
Other non-cash adjustments	0	-389
Changes in assets and liabilities:	'	'
Accounts and rents receivable	-10,372	-4,420
Deferred costs and other assets	-7,080	8,305
Accounts payable and accrued expenses	3,401	7,763
Other liabilities	-17,344	-13,467
Net cash flows provided by operating activities	198,929	211,105
Cash flows from investing activities:	'	'
Purchase of investment properties	-194,900	-205,293
Acquired in-place and market lease intangibles, net	-14,797	-4,610
Capital expenditures and tenant improvements	-23,441	-34,479
Investment in development projects	-39,414	-22,592
Proceeds from sale of investment properties, net	670,338	780,535
Purchase of marketable securities	0	-2,695
Proceeds from sale of marketable securities	31,905	50,501
Contributions to unconsolidated entities	-27,275	-5,275
Consolidation of equity method investment	-2,944	0
Distributions from unconsolidated entities	27,679	9,149
Proceeds and Return of Capital From The Sale Of Unconsolidated Entities	0	13,774
Payment of leasing fees	-1,858	-2,771
Proceeds from Collection of Notes Receivable	0	1,600
Increase (Decrease) in Restricted Cash	-18,987	-12,552
Payments for (Proceeds from) Productive Assets	13,168	-10,493
Net cash flows provided by investing activities	419,474	554,799
Proceeds from Issuance of Common Stock, Dividend Reinvestment Plan	83,259	91,366
Cash flows from financing activities:	'	'
Shares repurchased	-403,811	-19,063
Distributions paid	-223,512	-223,345
Proceeds from debt and notes payable	283,735	338,578
Payoffs of debt	-204,459	-728,657
Principal payments of mortgage debt	-21,314	-26,823
Payoff of margin securities debt, net	-38,945	-117,045
Payments for Repurchase of Other Equity	-47,762	0
Payment of loan fees and deposits	317	-5,743
Proceeds from Noncontrolling Interests	980	0
Payments of Ordinary Dividends, Noncontrolling Interest	-8	-8
Payments for contingent consideration	-1,932	0
Net cash flows used in financing activities	-573,452	-690,740
Net increase in cash and cash equivalents	44,951	75,164
Cash and cash equivalents, at beginning of period	319,237	220,779
Cash and cash equivalents, at end of period	364,188	295,943
Supplemental disclosure of cash flow information:	'	'
Noncash or Part Noncash Acquisition, Investments Acquired	-194,900	-241,535
Tenant and real estate tax liabilities assumed at acquisition, net	0	-552
Assumption of mortgage debt at acquisition	0	-35,962
Non-cash discount (premium) of mortgage debt assumed	0	702
Noncash or Part Noncash Acquisition, Restricted Cash Acquired	0	-974
Supplemental cash flow, total	-194,900	-205,293
Cash paid for interest, net capitalized interest of $2,317 and $2,253	109,063	144,741
Supplemental schedule of non-cash investing and financing activities:	'	'
Property surrendered in extinguishment of debt	11,000	5,289
Mortgages Assumed by Buyer Upon Disposition of Property	657,339	7,683
Real Estate Owned, Properties Contributed to an Unconsolidated Entity, Net of Related Payables	$0	$80,915

Consolidated_Statements_of_Cas1

Consolidated Statements of Cash Flows (Unaudited) (Parenthetical) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Capitalized interest	$2,317	$2,253

Organization

Organization	6 Months Ended
	Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization	'
	Organization
	Inland American Real Estate Trust, Inc. (the “Company”) was formed on October 4, 2004 (inception) to acquire and manage a diversified portfolio of commercial real estate, primarily retail, office, industrial, multi-family (both conventional and student housing), and lodging properties, located in the United States. On March 12, 2014, the Company began the process of becoming fully self-managed by terminating its business management agreement, hiring all of its business manager's employees, and acquiring the assets of its business manager necessary to perform the functions previously performed by the business manager.
	The accompanying consolidated financial statements include the accounts of the Company, as well as all wholly owned subsidiaries and consolidated joint venture investments. Wholly owned subsidiaries generally consist of limited liability companies (LLCs) and limited partnerships (LPs). The effects of all significant intercompany transactions have been eliminated.
	Each property is owned by a separate legal entity which maintains its own books and financial records and each entity's assets are not available to satisfy the liabilities of other affiliated entities, except as otherwise disclosed in Debt Note 8.
	At June 30, 2014, the Company owned a portfolio of 268 properties, in which the operating activity is reflected in continuing operations on the consolidated statements of operations and comprehensive income for the three and six months ended June 30, 2014 and 2013. Comparatively, at June 30, 2013, the Company owned 565 properties.
	The breakdown by segment of the 268 owned properties at June 30, 2014 is as follows:
	Segment	Property Count	Square Feet / Rooms / Beds
	Retail	115	16,547,586	Square feet
	Lodging	100	19,927	Rooms
	Student Housing	14	8,313	Beds
	Non-core	39	7,893,017	Square feet

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	The accompanying consolidated financial statements have been prepared in accordance with GAAP and require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the combined consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
	Refer to the Company's audited financial statements for the year ended December 31, 2013, as certain note disclosures contained in such audited financial statements have been omitted from these interim consolidated financial statements.
	Recently Issued Accounting Pronouncements
	In April 2014, the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity, which includes amendments that change the requirements for reporting discontinued operations and
	require additional disclosures about discontinued operations. Under the new guidance, only disposals representing a strategic
	shift that has (or will have) a major effect on the entity’s results and operations would qualify as discontinued operations. In
	addition, ASU 2014-08 expands the disclosure requirements for disposals that meet the definition of a discontinued operation and requires entities to disclose information about disposals of individually significant components that do not meet
	the definition of discontinued operations. ASU 2014-08 is effective for interim and annual reporting periods in fiscal years that
	begin after December 15, 2014. The Company has elected to early adopt ASU 2014-08, effective January 1, 2014. For the
	six months ended June 30, 2014, the operations reflected in discontinued operations are only related to the net lease assets that
	were classified as held for sale at December 31, 2013. All other asset disposals are now included as a component of income
	from continuing operations.
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in GAAP when it becomes effective, although it will not affect the accounting for rental related revenues. The new standard is effective for the Company on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is evaluating the effect that ASU No. 2014-09 will have on its combined consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting.

Acquired_Properties

Acquired Properties	6 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Acquired Properties	'
	Acquired Properties
	The Company records identifiable assets, liabilities, noncontrolling interests and goodwill acquired in a business combination at fair value. The Company acquired three properties, including two retail and one lodging for the six months ended June 30, 2014 and six properties, including two retail, three lodging, and one student housing for six months ended June 30, 2013, for a gross acquisition price of $209,150 and $234,250, respectively. The table below reflects acquisition activity during the six months ended June 30, 2014.
	Segment	Property	Date	Gross Acquisition Price		Square Feet / Rooms / Beds
	Retail	Suncrest Village	2/13/14	$	14,050	93,358	Square Feet
	Retail	Plantation Grove	2/13/14	12,100		73,655	Square Feet
	Lodging	Aston Waikiki Beach Hotel	2/28/14	183,000		645	Rooms
	Total			$	209,150
	For properties acquired as of June 30, 2014, the Company recorded revenue of $10,308 and $14,202 for the three and six months ended June 30, 2014, respectively. The Company recorded property net income of $725 and $1,475, excluding related expensed acquisition costs, for the three and six months ended June 30, 2014, respectively. The Company incurred $38 and $1,310 of acquisition and transaction costs during the three and six months ended June 30, 2014, respectively, that were recorded in general and administrative expenses on the consolidated statements of operations and comprehensive income.
	For properties acquired as of June 30, 2013, the Company recorded revenue of $9,163 and $16,585 for the three and six months ended June 30, 2013, respectively. The Company recorded property net income of $857 and $5,725, excluding related expensed acquisition costs for the three and six months ended June 30, 2013, respectively. The Company incurred $316 and $736 of acquisition and transaction costs during the three and six months ended June 30, 2013, respectively, that were recorded in general and administrative expenses on the consolidated statements of operations and comprehensive income.

Discontinued_Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Discontinued Operations	'
	Discontinued Operations
	The Company sold 237 properties and surrendered one property to the lender (in satisfaction of non-recourse debt) during the six months ended June 30, 2014 for a gross disposition price of $1,359,600. There were 223 properties disposed of and one property surrendered to the lender for the six months ended June 30, 2013 for a gross disposition price of $720,843.
	The table below reflects sales activity for the six months ended June 30, 2014 reflected in discontinued operations on the consolidated statement of operations and comprehensive income.
	Segment	Property	Date	Gross Disposition Price			Square Feet
	Non-core	Triple net portfolio - 30 properties	1/8/14	$	55,300		148,233	Square feet
	Non-core	Triple net portfolio - 28 Properties	2/21/14	451,900			7,496,769	Square feet
	Non-core	Triple net portfolio - 151 properties	3/10/14	278,600			815,008	Square feet
	Non-core	Triple net portfolio - one property	3/21/14	226,400			736,572	Square feet
	Non-core	Triple net portfolio - 4 properties	3/28/14	58,500			1,118,096	Square feet
	Non-core	Triple net portfolio - 9 properties	5/8/14	138,200			599,830	Square feet
	Total			$	1,208,900
	The components of the Company’s discontinued operations are presented below, which include the results of operations during the three and six months ended June 30, 2014 and 2013 in which the Company owned such properties.
		Three Months Ended							Six Months Ended
		June 30, 2014				June 30, 2013			June 30, 2014			June 30, 2013
	Revenues	$	1,187			$	62,019		$	17,909		$	136,434
	Depreciation and amortization expense	—				19,786			44			45,271
	Other expenses	(352		)		13,259			463			31,562
	Provision for asset impairment	—				—			—			4,476
	Operating income from discontinued operations	$	1,539			$	28,974		$	17,402		$	55,125
	Interest expense and other	(316		)		(18,970		)	(7,469		)	(40,652		)
	Gain on sale of properties, net	19,677				95,813			145,376			119,722
	Gain (loss) on extinguishment of debt	(589		)		1,084			(9,390		)	1,427
	Loss on transfer of assets	—				—			—			(16		)
	Net income from discontinued operations	$	20,311			$	106,901		$	145,919		$	135,606
	Net cash provided by operating activities from the properties included in the triple net portfolio sale for the six months ended June 30, 2014 was $5 compared to net cash provided by operating activities from such properties of $36 for the six months ended June 30, 2013. Net cash provided by investing activities from the properties included in the triple net portfolio sale for the six months ended June 30, 2014 was $519. There were no net cash provided by investing activities from such properties for the six months ended June 30, 2013.
	The following properties were sold during the six months ended June 30, 2014. They are included in continuing operations on the consolidated statement of operations and comprehensive income for the six months ended June 30, 2014. A parcel of land was also sold during the six months ended June 30, 2014 for $14,000.
	Segment	Property	Date	Gross Disposition Price			Square Feet / Units / Rooms
	Retail	Willis Town Center	1/8/14	1,600			85,828	Square feet
	Retail	Alcoa Exchange I & II	1/29/14	24,300			339,690	Square feet
	Non-core	Citizens - Dallastown	2/6/14	100			2,995	Square feet
	Retail	Hunting Bayou - 5 properties	2/19/14	15,600			276,416	Square feet
	Retail	Monadnock Marketplace	4/9/14	31,200			367,454	Square feet
	Non-core	Block 121	4/16/14	38,200			255	Units
	Retail	Palm Harbor Shopping Center	5/15/14	12,400			161,431	Square feet
	Lodging	Crowne Plaza - Charleston	5/30/14	13,300			168	Rooms
	Total			$	136,700
	For three months ended June 30, 2014 and June 30, 2013, the Company recorded a gain on sale of investment properties of $11,342 and $13,215, respectively, in continuing operations. For the six months ended June 30, 2014 and June 30, 2013, the Company recorded a gain on sale of investment properties of $12,585 and $13,215, respectively, in continuing operations. In second quarter 2013, the Company contributed thirteen properties to a joint venture. As a result of this contribution, the Company recognized a gain on sale of $12,863, which is included in other income on the consolidated statements of operations for the six months ended June 30, 2013. For the six months ended June 30, 2014 and 2013, the Company had generated net proceeds from the sale of properties of $670,338 and $780,535, respectively.

Investment_in_Partially_Owned_

Investment in Partially Owned Entities	6 Months Ended
	Jun. 30, 2014
Investment in Partially Owned Entities [Abstract]	'
Investment in Partially Owned Entities	'
	Investment in Partially Owned Entities
	Consolidated Entities
	The Company had ownership interests of 67% in various limited liability companies which owned nine shopping centers. These nine shopping centers were previously classified as held for sale and were sold during second quarter 2014. The operations for the periods presented are classified on the consolidated statements of operations and comprehensive income as discontinued operations for all periods presented. These entities were considered variable interest entities (“VIEs”) as defined in ASC 810, and the Company was considered the primary beneficiary of each of these entities. Therefore, these entities were consolidated by the Company. The entities' agreements contain put/call provisions which grant the right to the outside owners and the Company to require these entities to redeem the ownership interests of the outside owners during future periods. Because the outside ownership interests were subject to a put/call arrangement requiring settlement for a fixed amount, these entities are treated as 100% owned subsidiaries by the Company with the amount of $47,762 as of December 31, 2013 and $0 as of June 30, 2014 reflected as a financing and included within other liabilities classified as held for sale in the accompanying consolidated financial statements. Interest expense is recorded on these liabilities in an amount generally equal to the preferred return due to the outside owners as provided in the entities' agreements.
	During the fourth quarter 2013, the Company entered into two joint ventures to each develop a lodging property. The Company has ownership interests of 75% in each joint venture. These entities are considered VIEs as defined in FASB ASC 810 because the entities do not have enough equity to finance their activities without additional subordinated financial support. The Company determined that it has the power to direct the activities of a VIE that most significantly impact the VIE’s economic performance, as well as the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE. As such, the Company has a controlling financial interest and is considered the primary beneficiary of each of these entities. Therefore, these entities are consolidated by the Company.
	For the VIEs where the Company is the primary beneficiary, the following are the liabilities of the consolidated VIEs which are not recourse to the Company, and the assets that can be used only to settle those obligations.
		As of June 30, 2014				December 31, 2013
	Net investment properties	$	19,737			$	123,121
	Other assets	26				8,766
	Total assets	19,763				131,887
	Mortgages, notes and margins payable	(9,596		)		(77,873		)
	Other liabilities	(2,155		)		(49,904		)
	Total liabilities	(11,751		)		(127,777		)
	Net assets	$	8,012			$	4,110
	Unconsolidated Entities
	The entities listed below are owned by the Company and other unaffiliated parties in joint ventures. Net income, distributions and capital transactions for these properties are allocated to the Company and its joint venture partners in accordance with the respective partnership agreements. Refer to the Company’s Form 10-K for the year ended December 31, 2013 for details of each unconsolidated entity.
	These entities are not consolidated by the Company and the equity method of accounting is used to account for these investments. Under the equity method of accounting, the net equity investment of the Company and the Company’s share of net income or loss from the unconsolidated entity are reflected in the consolidated balance sheets and the consolidated statements of operations and comprehensive income.
	Entity	Description	Ownership %	Investment at				Investment at
				30-Jun-14				December 31, 2013
	Cobalt Industrial REIT II	Industrial portfolio	36%	$	73,514			$	83,306
	Brixmor/IA JV, LLC	Retail Shopping Centers	(a)	62,736				77,551
	IAGM Retail Fund I, LLC	Retail Shopping Centers	55%	113,158				90,509
	Other Unconsolidated Entities (b)	Various real estate investments	Various	10,515				12,552
				$	259,923			$	263,918
	(a)	The Company has a preferred membership interest and is entitled to a 11% preferred dividend in Brixmor/IA JV, LLC.
	(b)	On February 21, 2014, the Company purchased their partners' interest in one joint venture, which resulted in the Company obtaining control of the venture. Therefore, as of June 30, 2014, the Company consolidated this entity, recorded the assets and liabilities of the joint venture at fair value, and recorded a gain of $4,509 on the purchase of this investment during the six months ended June 30, 2014.
	For the three months ended June 30, 2014 and 2013, the Company recorded $0 and $1,003 impairment in its unconsolidated entities. For the six months ended June 30, 2014 and 2013, the Company recorded $0 and $1,003, respectively.
	Combined Financial Information
	The following table presents the combined condensed financial information for the Company’s investment in unconsolidated entities.
		June 30, 2014				December 31, 2013
	Assets:
	Real estate assets, net of accumulated depreciation	$	1,509,144			$	1,558,312
	Other assets	271,624				272,810
	Total Assets	1,780,768				1,831,122
	Liabilities and Equity:
	Mortgage debt	1,061,695				1,135,630
	Other liabilities	96,341				96,217
	Equity	622,732				599,275
	Total Liabilities and Equity	1,780,768				1,831,122
	Company’s share of equity	$	274,502			$	278,745
	Net excess of cost of investments over the net book value of underlying net assets (net of accumulated depreciation of $1,039 and $783, respectively)	(14,579		)		(14,827		)
	Carrying value of investments in unconsolidated entities	$	259,923			$	263,918
		Three Months Ended								Six Months Ended
		June 30, 2014				June 30, 2013				June 30, 2014		June 30, 2013
	Revenues	$	53,348			$	68,060			$	100,724	$	111,297
	Expenses:
	Interest expense and loan cost amortization	12,670				13,824				25,005		25,945
	Depreciation and amortization	16,383				17,518				33,763		32,848
	Operating expenses, ground rent and general and administrative expenses	20,236				19,476				38,076		36,023
	Total expenses	49,289				50,818				96,844		94,816
	Net income	$	4,059			$	17,242			$	3,880	$	16,481
	Company’s share of:
	Net income, net of excess basis depreciation of $128 and $242, and $256 and $275, respectively	$	1,944			$	9,018			$	2,423	$	8,044
	The unconsolidated entities had total third party debt of $1,061,695 at June 30, 2014 that matures as follows:
	Year	Amount
	2014	$	44,289
	2015	16,137
	2016	—
	2017	205,580
	2018	318,028
	Thereafter	477,661
		$	1,061,695
	Of the total outstanding debt, approximately $23,000 is recourse to the Company. It is anticipated that the joint ventures will be able to repay or refinance all of their debt on a timely basis.

Transactions_with_Related_Part

Transactions with Related Parties	6 Months Ended
	Jun. 30, 2014
Related Party Transaction, Due from (to) Related Party [Abstract]	'
Transactions with Related Parties	'
	Transactions with Related Parties
	On March 12, 2014, the Company entered into a series of agreements and amendments to existing agreements with affiliates of The Inland Group, Inc. (the "Inland Group") pursuant to which the Company began the process of becoming entirely self-managed (collectively, the "Self-Management Transactions"). On March 12, 2014, as part of the Self-Management Transactions, the Company; the Company's then business manager, Inland American Business Manager & Advisor, Inc. (the “Business Manager”); Inland American Lodging Advisor, Inc. a wholly owned subsidiary of the Business Manager ("ILodge"); the Company's property managers, Inland American Industrial Management LLC (“Inland Industrial”), Inland American Office Management LLC (“Inland Office”) and Inland American Retail Management LLC (“Inland Retail”); their parent, Inland American Holdco Management LLC (“Holdco” and collectively with Inland Industrial, Inland Office and Inland Retail, the “Property Managers”); and Eagle I Financial Corp. ("Eagle"), entered into a Master Modification Agreement (the “Master Modification Agreement”) pursuant to which the Company agreed with the Business Manager to terminate the management agreement with the Business Manager, hired all of the Business Manager’s employees and acquired the assets or rights necessary to conduct the functions previously performed for the Company by the Business Manager. The Company also hired certain Property Manager employees and assumed responsibility for performing significant property management activities. The Company assumed certain limited liabilities of the Business Manager and the Property Managers, including accrued liabilities for employee holiday, sick and vacation time for those Business Manager, and Property Manager employees who became employees of the Company and liabilities arising after the closing of the Master Modification Agreement under leases and contracts assigned to the Company. The Company did not assume, and the Business Manager is obligated to indemnify the Company against, any liabilities related to the pre-closing operations of the Business Manager. Eagle, an indirect wholly owned subsidiary of the Inland Group, guaranteed the Business Manager’s indemnity and other obligations under the Master Modification Agreement. The Company did not pay an internalization fee or self-management fee in connection with the Master Modification Agreement but reimbursed the Business Manager and Property Managers for specified transaction related expenses and employee payroll costs. The Company entered into a consulting agreement with Inland Group affiliates for a term of three months at $200 per month, which the Company elected not to renew pursuant to its terms.
	Concurrently, as part of the Self-Management Transactions, the Company entered into an Asset Acquisition Agreement (the "Asset Acquisition Agreement") with the Property Managers and Eagle, pursuant to which the Company agreed to terminate the management agreements with the Property Managers at the end of 2014, hired certain of the remaining Property Manager employees and acquire the assets or rights necessary to conduct the remaining functions performed for the Company by the Property Managers. The Company agreed to assume certain limited liabilities, including accrued liabilities for employee holiday, sick and vacation time for Property Manager employees that become Company employees and liabilities arising after the closing of the Asset Acquisition Agreement under leases and other contracts that the Company decides to assume in the transaction. The Company will not assume any liabilities related to the pre-closing operations of the Property Managers, and it will not pay an internalization fee or self-management fee in connection with the Asset Acquisition Agreement. The Asset Acquisition Agreement contains termination rights and closing conditions for both the Company and the Property Managers, and the Company expects to consummate the transactions contemplated thereby on December 31, 2014.
	Also on March 12, 2014, as part of the Self-Management Transactions, the Company entered into separate Amended and Restated Master Management Agreements (collectively, the “Amended Property Management Agreements”) with each of the Property Managers (excluding Holdco), pursuant to which the Property Managers will continue to provide property management services to the Company through December 31, 2014, other than the property-level accounting, lease administration, leasing, marketing and construction functions that the Company began performing pursuant to the Master Modification Agreement.
	The following table summarizes the Company’s related party transactions for the three and six months ended June 30, 2014 and 2013.
		Three Months Ended				For the six months ended				Unpaid amounts as of
		June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013		June 30, 2014		December 31, 2013
	General and administrative:
	General and administrative reimbursement (a)	$	919	$	4,359	$	4,887	$	7,849	$	601	$	4,834
	Investment advisor fee (b)	336		457		685		941		106		—
	Total general and administrative to related parties	$	1,255	$	4,816	$	5,572	$	8,790	$	707	$	4,834
	Property management fees (c)	$	3,105	$	5,407	$	6,723	$	11,734	$	67	$	67
	Business management fee (d)	12		9,507		2,605		19,479		—		8,836
	Loan placement fees (e)	15		271		223		444		—		—
	(a)	In connection with the closing of the Master Modification Agreement and termination of the business management agreement, on March 12, 2014, the Company reimbursed the Business Manager for compensation and other ordinary course out-of-pocket expenses, which totaled approximately $3,401. In addition, the Company reimbursed the Property Managers approximately $249 for compensation and out-of-pocket expenses incurred between January 1, 2014 and March 12, 2014 for the Property Manager employees the Company hired at closing to approximate the economics as though the Company had hired such employees on January 1, 2014. These costs are reflected in general and administrative reimbursements above.
	In addition, the Company has directly retained affiliates of the Business Manager to provide the information technology, investor services and other back-office services that were provided to the Company through the Business Manager prior to the termination of the business management agreement. These service agreements are generally terminable without penalty by either party upon 60 days’ notice. These costs are reflected in general and administrative reimbursements above.
	Unpaid amounts as of June 30, 2014 and December 31, 2013 are included in accounts payable and accrued expenses on the consolidated balance sheets.
	(b)	The Company pays Inland Investment Advisors, Inc., a related party of the Business Manager, to purchase and monitor its investment in marketable securities.
	(c)	As part of the Self-Management Transactions, select Property Management fees charged to the Company were reduced effective January 1, 2014 to reflect, among other things, the hiring of the Property Manager employees and the services that were no longer being performed by the Property Managers. The Amended Property Management Agreements reduced the property management fees charged in respect of most of the Company’s multi-tenant retail properties from 4.50% of gross income generated by the applicable property to 3.50% for the first six months of 2014 and to 3.25% for the last six months of 2014, and reduced fees charged in respect of the Company’s multi-tenant office properties from 3.75% of gross income generated by the applicable property to 3.50% for the first six months of 2014 and to 3.25% for the last six months of 2014. The Company also agreed to assume responsibility for the compensation-related expenses of the Property Manager employees hired by the Company effective March 1, 2014.
	For the three and six months ended June 30, 2013, the Property Managers, entities owned principally by individuals who were related parties of the Business Manager, were entitled to receive property management fees by property type, as follows: (i) for any bank branch facility (office or retail), 2.50% of the gross income generated by the property; (ii) for any multi-tenant industrial property, 4.00% of the gross income generated by the property; (iii) for any multi-family property, 3.75% of the gross income generated by the property; (iv) for any multi-tenant office property, 3.75% of the gross income generated by the property; (v) for any multi-tenant retail property, 4.50% of the gross income generated by the property; (vi) for any single-tenant industrial property, 2.25% of the gross income generated by the property; (vii) for any single-tenant office property, 2.90% of the gross income generated by the property; and (viii) for any single-tenant retail property, 2.90% of the gross income generated by the property.
	In addition to these fees, the Property Managers receive reimbursements of payroll costs for property level employees. The Company reimbursed or will reimburse the Property Managers and other affiliates $904 and $3,427 for the three months ended June 30, 2014 and 2013, respectively, and $3,295 and $6,434 for the six months ended June 30, 2014 and 2013, respectively.
	(d)	In connection with the closing of the Master Modification Agreement and termination of the business management agreement, the Company paid a business management fee for January 2014, which totaled approximately $3,333. The Company did not pay a business management fee for February or March 2014. Pursuant to the letter agreement dated May 4, 2012, the business management fee shall be reduced for investigation costs exclusive of legal fees incurred in conjunction with the SEC matter. The Master Modification Agreement contained a ninety-day reconciliation of certain payments and reimbursements, including the January 2014 business management fee. The reconciliation was completed during the three months ended June 30, 2014, which resulted in $728 of SEC-related investigation costs and an adjusted January 2014 business management fee expense of $2,605. Pursuant to the March 12, 2014 Self-Management Transactions, the May 4, 2012 letter agreement by the Business Manager has been terminated.
	The Company incurred a business management fee of $19,479 for the six months ended June 30, 2013, under the terms of its business manager agreement, which was terminated March 12, 2014. After the Company’s stockholders received a non-cumulative, non-compounded return of 5.00% per annum on their “invested capital,” the Company paid its Business Manager an annual business management fee of up to 1.00% of the “average invested assets,” payable quarterly in an amount equal to 0.25% of the average invested assets as of the last day of the immediately preceding quarter. For the six months ended June 30, 2013, average invested assets were $11,149,502. The business management fee was equal to 0.18% of average invested assets for the six months ended June 30, 2013, respectively.
	(e)	The Company pays a related party of the Business Manager 0.2% of the principal amount of each loan placed for the Company. Such costs are capitalized as loan fees and amortized over the respective loan term.
	As of June 30, 2014 and December 31, 2013, the Company had deposited $376 and $376, respectively, in Inland Bank and Trust, a subsidiary of Inland Bancorp, Inc., an affiliate of The Inland Real Estate Group, Inc.
	The Company is party to an agreement with an LLC formed as an insurance association captive, which is wholly-owned by the Company and three related parties, Inland Real Estate Corporation (“IRC”), Inland Diversified Real Estate Trust, Inc., and Inland Real Estate Income Trust, Inc., and a third party, Retail Properties of America. The Company paid insurance premiums of $3,154 and $2,962 for the three months ended June 30, 2014 and 2013, respectively, and and $6,364 and $6,137 for the six months ended June 30, 2014 and 2013, respectively.
	In addition, the Company held 899,820 shares of IRC valued at $9,565 as of June 30, 2014. As of December 31, 2013, the Company held 899,820 shares of IRC valued at $9,466.

Investment_in_Marketable_Secur

Investment in Marketable Securities	6 Months Ended
	Jun. 30, 2014
Investments, All Other Investments [Abstract]	'
Investment in Marketable Securities	'
	Investment in Marketable Securities
	Investment in marketable securities of $231,348 and $242,819 at June 30, 2014 and December 31, 2013, respectively, consists primarily of preferred and common stock investments in other REITs and certain real estate related bonds which are classified as available-for-sale securities and recorded at fair value. The cost basis net of impairments of available-for-sale securities was $154,692 and $171,450 as of June 30, 2014 and December 31, 2013, respectively.
	Unrealized holding gains and losses on available-for-sale securities are excluded from earnings and reported as a separate component of comprehensive income until realized. The Company has net accumulated other comprehensive income related to its marketable securities portfolio of $76,656 and $71,369, which includes gross unrealized losses of $1,131 and $3,189 related to its marketable securities as of June 30, 2014 and December 31, 2013, respectively. Securities with gross unrealized losses have a related fair value of $9,304 and $23,394 as of June 30, 2014 and December 31, 2013, respectively.
	The Company’s policy for assessing recoverability of its available-for-sale securities is to record a charge against net earnings when the Company determines that a decline in the fair value of a security drops below the cost basis and believes that decline to be other-than-temporary. Factors in the assessment of other-than-temporary impairment include determining whether (1) the Company has the ability and intent to hold the security until it recovers, and (2) the length of time and degree to which the security’s price has declined. No impairment to available-for-sale securities was recorded for the three and six months ended June 30, 2014 and 2013.
	Dividend income is recognized when earned. During the three months ended June 30, 2014 and 2013, dividend income of $3,669 and $4,228, respectively, was recognized and is included in interest and dividend income on the consolidated statements of operations and comprehensive income. During the six months ended June 30, 2014 and 2013, dividend income of $7,388 and $8,823, respectively, was recognized and is included in interest and dividend income on the consolidated statements of operations and comprehensive income.

Debt

Debt	6 Months Ended
	Jun. 30, 2014
Notes and Loans Payable [Abstract]	'
Debt	'
	Debt
	Mortgages Payable
	Mortgage loans outstanding for as of June 30, 2014 and December 31, 2013 were $4,014,414 and $4,737,459 and had a weighted average interest rate of 4.89% and 5.09% per annum, respectively. Mortgage premium and discount, net, was a discount of $14,601 and $17,459 as of June 30, 2014 and December 31, 2013, respectively. As of June 30, 2014, scheduled maturities for the Company’s outstanding mortgage indebtedness had various due dates through December 2041, as follows:
	Maturity Date	As of June 30, 2014		Weighted average
				annual interest rate
	2014	$	204,069	3.24%
	2015	385,279		3.55%
	2016	732,008		5.55%
	2017	1,093,344		5.67%
	2018	639,344		5.06%
	Thereafter	960,370		4.28%
	Total	4,014,414
	The Company is negotiating refinancing debt maturing in 2014 with various lenders at terms that will allow us to pay comparable interest rates. It is anticipated that the Company will be able to repay, refinance or extend the debt maturing in 2014, and the Company believes it has adequate sources of funds to meet short term cash needs related to these refinancings. Of the total outstanding debt for all years, approximately $271,875 is recourse to the Company.
	Some of the mortgage loans require compliance with certain covenants, such as debt coverage service ratios, investment restrictions and distribution limitations. As of June 30, 2014, the Company was in compliance with all mortgage loan requirements except five loans with a carrying value of $105,910; none of which are cross collateralized with any other mortgage loans or recourse to the Company. The stated maturities of the mortgage loans in default are reflected as follows: $12,100 in 2011, $20,115 in 2016, and $73,695 in 2017. As of December 31, 2013, the Company was in compliance with all mortgage loan requirements except six loans with a carrying value of $116,910; none of which were cross collateralized with any other mortgage loans or recourse to the Company. The stated maturities of the mortgage loans in default were reflected as follows: $12,100 in 2011, $11,000 in 2012, $20,115 in 2016, and $73,695 in 2017.
	Line of Credit
	In 2013, the Company entered into a credit agreement with KeyBank National Association, JP Morgan Chase Bank National Association and other financial institutions to provide for a senior unsecured credit facility in the aggregate amount of $500,000. The credit facility consists of a $300,000 senior unsecured revolving line of credit and the total outstanding term loan is $200,000. The Company's accordion feature is $800,000. The senior unsecured revolving line of credit matures on May 7, 2016 and the unsecured term loan matures on May 7, 2017. The Company has a one year extension option on the revolver which it may exercise as long as there is no existing default, it is in compliance with all covenants, a 60-day notice has been provided and it pays an extension fee equal to 0.20% of the commitment amount being extended.
	As of June 30, 2014, management believes the Company was in compliance with all of the covenants and default provisions under the credit agreement. As of June 30, 2014, the interest rates of the revolving line of credit and unsecured term loan were 1.76% and 1.66%, respectively. As of December 31, 2013, the interest rates of the revolving line of credit and unsecured term loan were 1.60% and 1.67%, respectively. Upon closing the credit agreement, the Company borrowed the full amount of the term loan which remains outstanding as of June 30, 2014. As of June 30, 2014 and December 31, 2013, the Company had $174,820 and $299,820 available under the revolving line of credit, respectively.
	Margins payable
	The Company has purchased a portion of its securities through margin accounts. As of June 30, 2014 and December 31, 2013, the Company has recorded a payable of $20,735 and $59,681, respectively, for securities purchased on margin. At June 30, 2014 and December 31, 2013, the average interest rate on margin loans was 0.501% and 0.516%, respectively. Interest expense in the amount of $58 and $118 was recognized in interest expense on the consolidated statements of operations and comprehensive income for the three months ended June 30, 2014 and 2013, respectively. Interest expense in the amount of $130 and $334 was recognized in interest expense on the consolidated statements of operations and comprehensive income for the six months ended June 30, 2014 and 2013, respectively.

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	In accordance with ASC 820, Fair Value Measurement and Disclosures, the Company defines fair value based on the price that would be received upon sale of an asset or the exit price that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company uses a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value. The fair value hierarchy consists of three broad levels, which are described below:
	•	Level 1 - Quoted prices in active markets for identical assets or liabilities that the entity has the ability to access.
	•	Level 2 - Observable inputs, other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.
	•	Level 3 - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs.
	The Company has estimated the fair value of its financial and non-financial instruments using available market information and valuation methodologies the Company believes to be appropriate for these purposes. Considerable judgment and a high degree of subjectivity are involved in developing these estimates and, accordingly, they are not necessarily indicative of amounts that would be realized upon disposition.
	Recurring Measurements
	For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
			Fair Value Measurements at June 30, 2014
			Using Quoted Prices in Active Markets for Identical Assets				Using Significant				Using Significant
							Other Observable Inputs				Other Unobservable Inputs
			(Level 1)				(Level 2)				(Level 3)
	Available-for-sale real estate equity securities		$	227,670			$	—			$	—
	Real estate related bonds		—				3,678				—
	Total assets		$	227,670			$	3,678			$	—
	Derivative interest rate instruments		$	—			$	(1,554	)		$	—
	Total liabilities		$	—			$	(1,554	)		$	—
			Fair Value Measurements at December 31, 2013
			Using Quoted Prices in Active Markets for Identical Assets				Using Significant				Using Significant
							Other Observable Inputs				Other Unobservable Inputs
			(Level 1)				(Level 2)				(Level 3)
	Available-for-sale real estate equity securities		$	234,760			$	—			$	—
	Real estate related bonds		—				8,059				—
	Total assets		$	234,760			$	8,059			$	—
	Derivative interest rate instruments		$	—			$	(458	)		$	—
	Total liabilities		$	—			$	(458	)		$	—
	Level 1
	At June 30, 2014 and December 31, 2013, the fair value of the available for sale real estate equity securities have been valued based upon quoted market prices for the same or similar issues when current quoted market prices are available. Unrealized gains or losses on investment are reflected in unrealized gain (loss) on investment securities in comprehensive income on the consolidated statements of operations and comprehensive income.
	Level 2
	To calculate the fair value of the real estate related bonds and the derivative interest rate instruments, the Company primarily uses quoted prices for similar securities and contracts. For the real estate related bonds, the Company reviews price histories for similar market transactions. For the derivative interest rate instruments, the Company uses inputs based on data that is observed in the forward yield curve which is widely observable in the marketplace.  The Company also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements which utilizes Level 3 inputs, such as estimates of current credit spreads. However, as of June 30, 2014 and December 31, 2013, the Company has assessed that the credit valuation adjustments are not significant to the overall valuation of its derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy. As of June 30, 2014 and December 31, 2013, the Company had entered into interest rate swap agreements with a notional value of $106,533 and $60,044, respectively.
	Level 3
	At June 30, 2014 and December 31, 2013, the Company had no level three recurring fair value measurements.
	Non-Recurring Measurements
	The following table summarizes activity for the Company’s assets measured at fair value on a non-recurring basis. The Company recognized certain impairment charges to reflect the investments at their fair values for the three and six months ended June 30, 2014 and 2013. The asset groups that were reflected at fair value through this evaluation are:
		For the three months ended														For the six months ended
		June 30, 2014								June 30, 2013						June 30, 2014				June 30, 2013
		Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)				Total Impairment Losses				Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)				Total Impairment Losses		Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)		Total Impairment Losses		Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)		Total Impairment Losses
	Investment properties	$	108,100			$	68,106			$	146,091			$	175,612	$	142,980	$	77,945	$	156,218	$	185,067
	Total	$	108,100			$	68,106			$	146,091			$	175,612	$	142,980	77,945		156,218		185,067
	Investment Properties
	During the three and six months ended June 30, 2014 and 2013, the Company identified certain properties which may have a reduction in the expected holding period and reviewed the probability of these assets' dispositions. The Company’s estimated fair value relating to the investment properties’ impairment analysis was based on a comparison of letters of intent or purchase contracts, broker opinions of value and ten-year discounted cash flow models, which includes contractual inflows and outflows over a specific holding period. The cash flows consist of observable inputs such as contractual revenues and unobservable inputs such as forecasted revenues and expenses. These unobservable inputs are based on market conditions and the Company’s expected growth rates. During the six months ended June 30, 2014, capitalization rates ranging from 6.00% to 9.00% and discount rates ranging from 6.75% to 9.25% were utilized in the model. During the six months ended June 30, 2013, capitalization rates ranging from 6.25% to 7.75% and discount rates ranging from 7.00% to 8.50% were utilized in the model. These rates are based upon observable rates that the Company believes to be within a reasonable range of current market rates. Additionally, during the three and six months ended June 30, 2014, one asset previously classified as held for sale was re-classified as held and used and was re-measured at the lesser of the carrying value or fair value as of May 8, 2014, resulting in an impairment charge to this asset of $67,647.
	For the three months ended June 30, 2014 and 2013, the Company recorded an impairment of investment properties of $68,106 and $175,612, respectively. The Company recorded an impairment of investment properties of $77,945 and $185,067 for the six months ended June 30, 2014 and 2013, respectively. Certain properties have been disposed and were impaired prior to disposition and the related impairment charges for the three months ended June 30, 2014 and 2013 of $0 and $0, respectively, and $0 and $4,476 for the six months ended June 30, 2014 and 2013, respectively, are included in discontinued operations.
	Financial Instruments not Measured at Fair Value
	The table below represents the fair value of financial instruments presented at carrying values in our consolidated financial statements as of June 30, 2014 and December 31, 2013.
		June 30, 2014							December 31, 2013
		Carrying Value			Estimated				Carrying Value			Estimated
					Fair Value							Fair Value
	Mortgages payable	$	4,014,414		$	4,043,214			$	4,737,459		$	4,748,276
	Line of credit	$	325,180		$	325,180			$	200,180		$	200,180
	Margins payable	$	20,735		$	20,735			$	59,681		$	59,681
	The Company estimates the fair value of its mortgages payable using a weighted average effective interest rate of 4.73% per annum. The fair value estimate of the line of credit and margins payable approximates the carrying value. The assumptions reflect the terms currently available on similar borrowing terms to borrowers with credit profiles similar to the Company's. The Company has determined that its debt instrument valuations are classified in Level 2 of the fair value hierarchy.

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The Company has elected and has operated so as to qualify to be taxed as a real estate investment trust (“REIT”) under the Internal Revenue Code of 1986, as amended, commencing with the tax year ended December 31, 2005. So long as it qualifies as a REIT, the Company generally will not be subject to federal income tax on taxable income that is distributed to stockholders. A REIT is subject to a number of organizational and operational requirements including a requirement that it currently distribute at least 90% of its REIT taxable income (subject to certain adjustments) to its stockholders (the “90% Distribution Requirement”). If the Company fails to qualify as a REIT in any taxable year, without the benefit of certain relief provisions, the Company will be subject to federal and state income tax on its taxable income at regular corporate tax rates. Even if the Company qualifies for taxation as a REIT, the Company may be subject to certain state and local taxes on its income, property or net worth and federal income and excise taxes on its undistributed income. In addition, the Company owns substantially all of the outstanding stock of a subsidiary REIT, MB REIT (Florida), Inc. (“MB REIT”), which the Company consolidates for financial reporting purposes but which is treated as a separate REIT for federal income tax purposes.
	The Company has identified certain distribution and stockholder reimbursement practices that may have caused certain dividends to be treated as preferential dividends, which cannot be used to satisfy the 90% Distribution Requirement. The Company has also identified the ownership of certain assets that may have violated a REIT qualification requirement that prohibits a REIT from owning "securities" of any one issuer in excess of 5% of the REIT's total assets at the end of any calendar quarter (the "5% Securities Test"). In order to provide greater certainty with respect to the Company's qualification as a REIT for federal income tax purposes, management concluded that it was in the best interest of the Company and its stockholders to request closing agreements from the Internal Revenue Service ("IRS") for both the Company and MB REIT with respect to such matters. Accordingly, on October 31, 2012, MB REIT filed a request for a closing agreement with the IRS. Additionally, the Company filed a separate request for a closing agreement on its own behalf on March 7, 2013.
	The Company identified certain aspects of the calculation of certain dividends on MB REIT's preferred stock and also aspects of the operation of certain "set aside" provisions with respect to accrued but unpaid dividends on certain classes of MB REIT's preferred stock that may have caused certain dividends to be treated as preferential dividends. In the case of the Company, management identified certain aspects of the operation of the Company's dividend reinvestment plan and distribution procedures and also certain reimbursements of stockholder expenses that may have caused certain dividends to be treated as preferential dividends. If these practices resulted in preferential dividends, the Company and MB REIT would not have satisfied the 90% Distribution Requirement and thus may not have qualified as REITs, which would result in substantial corporate tax liability for the years in which the Company or MB REIT failed to qualify as a REIT.
	In addition, the Company and MB REIT made certain overnight investments in bank commercial paper. While the Internal Revenue Code does not provide a specific definition of “cash item”, the Company believes that overnight commercial paper should be treated as a “cash item”, which is not treated as a “security” for purposes of the 5% Securities Test. If treated as a "security", the bank commercial paper would appear to have represented more than 5% of the Company's and MB REIT's total assets at the end of certain calendar quarters. In the event this commercial paper is treated as a "security", the Company anticipates that it would be required to pay corporate income tax on the income earned with respect to the portion of the commercial paper that violated the 5% Securities Test.
	The Company can provide no assurance that the IRS will accept the Company's or MB REIT's closing agreement requests. Even if the IRS accepts those requests, the Company and MB REIT may be required to pay a penalty. The Company cannot predict whether such a penalty would be imposed or, if so, the amount of the penalty. The Company believes that (i) the IRS will enter into closing agreements with the Company and MB REIT and (ii) the business manager will be liable for any penalty imposed in connection with those closing agreements. As noted above, the Company can provide no assurance that the IRS will enter into closing agreements with the Company and MB REIT. Management believes based on the currently available information, that such penalty, if any, will not have a material adverse effect on the financial statements of the Company.
	The Company has elected to treat certain of its consolidated subsidiaries, and may in the future elect to treat newly formed subsidiaries, as taxable REIT subsidiaries pursuant to the Internal Revenue Code. Taxable REIT subsidiaries may participate in non-real estate related activities and/or perform non-customary services for tenants and are subject to federal and state income tax at regular corporate tax rates. The Company's hotels are leased to certain of the Company's taxable REIT subsidiaries. Lease revenue from these taxable REIT subsidiaries and the Company's wholly-owned subsidiaries is eliminated in consolidation. For the three months ended June 30, 2014 and 2013, an income tax expense of $2,446 and $674 was included on the consolidated statements of operations and comprehensive income. For the six months ended June 30, 2014 and 2013, an income tax expense of $4,666 and $2,704 was included on the consolidated statements of operations and comprehensive income.

Segment_Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2014
Segment Reporting Information, Additional Information [Abstract]	'
Segment Reporting	'
	Segment Reporting
	The Company's long-term portfolio strategy has been to focus on three asset classes - retail, lodging, and student housing. During the three and six months ended June 30, 2014, the Company continued to execute on that strategy by disposing of 237 non-core assets.  In 2013, the Company restated their business segments. Net operating income for the six months ended June 30, 2013 has been restated to reflect these changes in business segments. All non-strategic assets have been included in the non-core segment. The non-core segment includes office properties, industrial properties, bank branches, retail single tenant properties, and conventional multi-family properties. The Company has concentrated its efforts on driving portfolio growth in the multi-tenant retail, student housing and lodging segments to enhance the long-term value of each segment's portfolio and respective platforms. For its non-core properties, the Company strives to improve individual property performance to increase each property’s value. The Company evaluates segment performance primarily based on net operating income. Net operating income of the segments exclude interest expense, depreciation and amortization, general and administrative expenses, net income of noncontrolling interest and other investment income from corporate investments. The non-segmented assets primarily include the Company’s cash and cash equivalents, investment in marketable securities, construction in progress, investment in unconsolidated entities and notes receivable.
	For the six months ended June 30, 2014, approximately 14% of the Company’s rental revenue, included in the non-core segment, was generated by three properties leased to AT&T, Inc. As a result of the concentration of revenue generated from these properties, if AT&T were to cease paying rent or fulfilling its other monetary obligations, the Company could have significantly reduced rental revenues or higher expenses until the defaults were cured or the properties were leased to a new tenant or tenants.
	The following table summarizes net property operations income by segment as of and for the three months ended June 30, 2014.
		Total			Retail		Lodging		Student Housing		Non-Core
	Rental income	$	94,020		$	50,862	$	—	$	17,069	$	26,089
	Straight line adjustment	327			1,012		—		61		(746		)
	Tenant recovery income	16,986			15,005		—		137		1,844
	Other property income	2,810			1,705		—		1,059		46
	Lodging income	314,294			—		314,294		—		—
	Total income	428,437			68,584		314,294		18,326		27,233
	Operating expenses	241,618			21,789		207,936		7,495		4,398
	Net operating income	$	186,819		46,795		106,358		10,831		22,835
	Non allocated expenses (a)	(106,526		)
	Other income and expenses (b)	(24,973		)
	Equity in earnings of unconsolidated entities (c)	1,972
	Provision for asset impairment (d)	(68,106		)
	Net income from continuing operations	(10,814		)
	Net income from discontinued operations	20,311
	Less: net income attributable to noncontrolling interests	(8		)
	Net income attributable to Company	$	9,489
	(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
	(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
	(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
	(d)	Total provision for asset impairment included $68,106 related to two non-core properties.
	The following table summarizes net property operations income by segment as of and for the three months ended June 30, 2013.
		Total			Retail		Lodging		Student Housing		Non-Core
	Rental income	$	90,695		$	53,167	$	—	$	11,722	$	25,806
	Straight line adjustment	1,578			1,769		—		71		(262		)
	Tenant recovery income	17,771			16,334		—		139		1,298
	Other property income	1,516			712		—		680		124
	Lodging income	220,091			—		220,091		—		—
	Total income	331,651			71,982		220,091		12,612		26,966
	Operating expenses	178,364			23,461		145,479		5,027		4,397
	Net operating income	$	153,287		48,521		74,612		7,585		22,569
	Non allocated expenses (a)	(101,114		)
	Other income and expenses (b)	(24,535		)
	Equity in earnings of unconsolidated entities (c)	8,317
	Provision for asset impairment (d)	(175,612		)
	Net loss from continuing operations	(139,657		)
	Net income from discontinued operations	106,901
	Less: net income attributable to noncontrolling interests	—
	Net income attributable to Company	$	(32,756	)
	(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
	(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
	(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
	(d)	Total provision for asset impairment included $175,612 related to seven non-core properties.
	The following table summarizes net property operations income by segment as of and for the six months ended June 30, 2014.
		Total			Retail		Lodging		Student Housing		Non-Core
	Rental income	$	190,290		$	102,408	$	—	$	34,309	$	53,573
	Straight line adjustment	2,100			2,252		—		175		(327		)
	Tenant recovery income	35,341			31,370		—		266		3,705
	Other property income	4,946			2,803		—		2,000		143
	Lodging income	588,639			—		588,639		—		—
	Total income	821,316			138,833		588,639		36,750		57,094
	Operating expenses	469,088			44,242		401,561		14,073		9,212
	Net operating income	$	352,228		94,591		187,078		22,677		47,882
	Non allocated expenses (a)	(212,749		)
	Other income and expenses (b)	(74,406		)
	Equity in earnings of unconsolidated entities (c)	6,932
	Provision for asset impairment (d)	(77,945		)
	Net loss from continuing operations	(5,940		)
	Net income from discontinued operations	145,919
Less: net income attributable to noncontrolling interests	(8		)
Net income attributable to Company	$	139,971
Balance Sheet Data:
Real estate assets, net (e)	$	7,129,478		$	2,115,777	$	3,598,774	$	628,339	$	786,588
Non-segmented assets (f)	$	1,416,161
Total Assets	$	8,545,639
Capital expenditures	$	23,507		$	8,548	$	13,182	$	744	$	1,033
(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
(d)	Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.
(e)	Real estate assets includes intangible assets, net of amortization.
(f)	Construction in progress is included as non-segmented assets.
The following table summarizes net property operations income by segment as of and for the six months ended June 30, 2013.
	Total			Retail		Lodging		Student Housing		Non-Core
Rental income	$	186,316		$	111,797	$	—	$	23,338	$	51,181
Straight line adjustment	2,763			3,342		—		107		(686		)
Tenant recovery income	36,790			33,692		—		233		2,865
Other property income	3,387			1,926		—		1,241		220
Lodging income	404,690			—		404,690		—		—
Total income	633,946			150,757		404,690		24,919		53,580
Operating expenses	343,288			47,837		276,982		9,777		8,692
Net operating income	$	290,658		102,920		127,708		15,142		44,888
Non allocated expenses (a)	(202,172		)
Other income and expenses (b)	(74,763		)
Equity in earnings of unconsolidated entities (c)	7,476
Provision for asset impairment (d)	(185,067		)
Net loss from continuing operations	(163,868		)
Net income from discontinued operations	135,606
Less: net income attributable to noncontrolling interests	(8		)
Net loss attributable to Company	$	(28,270	)
(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
(d)	Total provision for asset impairment included $9,456 related to one retail property and $175,611 related to seven non-core properties

Earnings_loss_per_Share

Earnings (loss) per Share	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings (loss) per Share	'
	Earnings (loss) per Share and Equity Transactions
	Basic earnings (loss) per share (“EPS”) are computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period (the “common shares”). Diluted EPS is computed by dividing net income (loss) by the common shares plus potential common shares issuable upon exercising options or other contracts. There are an immaterial amount of potentially dilutive common shares.
	The basic and diluted weighted average number of common shares outstanding was 876,951,378 and 897,233,931, for the three months ended June 30, 2014 and 2013, respectively, and 894,674,445 and 894,679,702 for the six months ended June 30, 2014 and 2013, respectively.
	The Company completed a modified “Dutch Auction” tender offer for the purchase of up to $350,000 in value of shares of common stock (the “Offer”) on April 25, 2014. In accordance with rules promulgated by the SEC, the Company had the option to increase the number of shares accepted for payment in the Offer by up to 2% of the outstanding shares without amending or extending the Offer. To avoid any proration to the stockholders that tendered shares, the Company decided to increase the number of shares accepted for payment in the Offer. The Company accepted for purchase 60,665,233 shares of common stock at a purchase price (without brokerage commissions) of $6.50 per share, for an aggregate cost of $394,300, excluding fees and expenses relating to the Offer. The 60,665,233 shares accepted for purchase in the Offer represented approximately 6.61% of the issued and outstanding shares of common stock at the time of repurchase. Subsequent to the final purchase of approved Offer shares, the final number of shares repurchased, allowing for corrections, was 60,761,166 for a final aggregate cost of $394,900 as of June 30, 2014.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Certain leases and operating agreements within the lodging segment require the Company to reserve funds relating to replacements and renewals of the hotels' furniture, fixtures and equipment. As of June 30, 2014 the Company has funded $85,261 in reserves for future improvements. This amount is included in restricted cash and escrows on the consolidated balance sheet as of June 30, 2014.
	The SEC is conducting a non-public, formal, fact-finding investigation ("SEC Investigation") to determine whether there have been violations of certain provisions of the federal securities laws regarding the Company's business manager fees, property management fees, transactions with its affiliates, timing and amount of distributions paid to its investors, determination of property impairments, and any decision regarding whether it might become a self-administered REIT. The Company has not been accused of any wrongdoing by the SEC. The Company has also been informed by the SEC that the existence of this investigation does not mean that the SEC has concluded that anyone has broken the law or that the SEC has a negative opinion of any person, entity, or security. The Company has been cooperating fully with the SEC.
	The Company cannot reasonably estimate the timing of the investigation, nor can it predict whether or not the investigation might have a material adverse effect on its business.
	The Company also received related demands (“Derivative Demands”) by stockholders to conduct investigations regarding claims that the officers, the board of directors, the former business manager, and affiliates of the former business manager (the “Inland American Parties”) breached their fiduciary duties to Company in connection with the matters that the Company disclosed are subject to the SEC Investigation. The first Derivative Demand claims that the Inland American Parties (i) falsely reported the value of its common stock until September 2010; (ii) caused it to purchase shares of common stock from stockholders at prices in excess of its value; and (iii) disguised returns of capital paid to stockholders as REIT income, resulting in the payment of fees to the former business manager for which it was not entitled. The three stockholders in that demand contend that legal proceedings should seek recovery of damages in an unspecified amount allegedly sustained by it. The second Derivative Demand by another shareholder makes similar claims and further alleges that the Inland American Parties (i) caused it to engage in transactions that unduly favored related parties, (ii) falsely disclosed the timing and amount of distributions, and (iii) falsely disclosed whether the Company might become a self-administered REIT. The Company also received a letter from another stockholder that fully adopts and joins in the first Derivative Demand, but makes no additional demands on the Company to perform investigation or pursue claims.
	Upon receiving the first of the Derivative Demands, the full board of directors responded by authorizing the independent directors to investigate the claims contained in the first Derivative Demand, any subsequent stockholder demands, as well as any other matters the independent directors see fit to investigate, including matters related to the SEC Investigation. Pursuant to this authority, the independent directors have formed a special litigation committee that comprises solely independent directors to review and evaluate the matters referred by the full board of directors to the independent directors, and to recommend to the full board of directors any further action as is appropriate. The special litigation committee is investigating these claims with the assistance of independent legal counsel and will make a recommendation to the board of directors after the committee has completed its investigation.
	On March 21, 2013, counsel for the stockholders who made the first Derivative Demand filed a derivative lawsuit in the Circuit Court of Cook County, Illinois, on behalf of the Company. The case has been stayed pending completion of the special litigation committee's investigation. The Company cannot predict the timing of the special litigation committee investigation or the Derivative Demands, nor can the Company predict whether or not the special litigation committee investigation or Derivative Demands might have a material adverse impact on its business.
	The Company is subject, from time to time, to various legal proceedings and claims that arise in the ordinary course of
	business. While the resolution of these matters cannot be predicted with certainty, management believes, based on currently
	available information, that the final outcome of such matters will not have a material adverse effect on the financial statements
	of the Company.

Assets_and_Liabilities_Held_fo

Assets and Liabilities Held for Sale	6 Months Ended
	Jun. 30, 2014
Real Estate Held-for-sale [Abstract]	'
Assets and Liabilities Held for Sale	'
	In accordance with GAAP, the Company classifies properties as held for sale when certain criteria are met. On the day that the criteria are met, the Company suspends depreciation on the properties held for sale, including depreciation for tenant improvements and additions, as well as the amortization of acquired in-place leases. The assets and liabilities associated with those investment properties that are held for sale are classified separately on the consolidated balance sheets for the most recent reporting period and recorded at the lesser of the carrying value or fair value less costs to sell. At December 31, 2013, these assets were recorded at their carrying value. The operations for the periods presented are classified on the consolidated statements of operations and comprehensive income as discontinued operations for all periods presented.
	On August 8, 2013, we entered into a purchase agreement to sell our net lease assets, consisting of 294 retail, office, and industrial properties in an all-cash transaction valued at approximately $2,300,000. In accordance with the terms of the purchase agreement, the buyer elected to “kick-out” of the transaction 13 properties valued at approximately $180,100, leaving the remaining properties to be classified as held for sale. Of these remaining properties, the Company has sold 280 as of May 8, 2014. During the final closing on May 8, 2014, the purchaser terminated the purchase agreement solely with respect to the equity interest in a subsidiary owning a net lease asset with a disposal price of $228,400, and in connection with such termination, purchaser paid to the Company $10,000 of the deposit posted into escrow. This asset has been re-classified as held and used and was re-measured at the lesser of the carrying value or fair value as of May 8, 2014, resulting in an asset impairment charge of $67,647. As of June 30, 2014, there were no properties classified as held for sale.

Subsequent_Events

Subsequent Events	6 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	On August 11, 2014, Xenia Hotels and Resorts, Inc. ("Xenia"), a wholly-owned subsidiary of the Company, formerly known as Inland American Lodging Group, Inc., filed a preliminary registration statement on Form 10 ("Form 10") with the SEC related to its potential Spin-Off into a new, publicly-traded lodging REIT (the "Spin-Off"). If the proposed Spin-Off is consummated, Xenia would become a self-managed REIT and apply to list its shares of common stock on the New York Stock Exchange. Xenia's filing of the preliminary Form 10 is a first-step in an ongoing process and the Spin-Off may not occur. The Spin-Off is subject to the satisfaction of several conditions, including that the SEC shall have declared effective Xenia's Form 10, Xenia’s common stock shall have been authorized for listing by the New York Stock Exchange and the Company's board of directors determining, at the time of the effectiveness of the Spin-Off, that the Spin-Off remains in the Company's best interest.
	In connection with Xenia Hotels and Resorts, Inc. filing a preliminary registration statement on Form 10 and its potential separation from the Company, on August 8, 2014 the Company entered into an Indemnity Agreement with Xenia. Pursuant to the Indemnity Agreement, the Company agreed, to the fullest extent allowed by law or government regulation, to absolutely, irrevocably and unconditionally indemnify, defend and hold harmless Xenia and its subsidiaries, directors, officers, agents, representatives and employees (in each case, in such person’s respective capacity as such) and their respective heirs, executors, administrators, successors and assigns from and against all against losses, including but not limited to “actions” (as defined in the Indemnity Agreement), arising from: the ongoing non-public, formal, fact-finding investigation by the SEC as described in the Company's public filings with the SEC; the three related demands (including the Derivative Lawsuit described below) received by the Company from stockholders to conduct investigations regarding claims similar to the matters that are subject to the SEC Investigation and as described in the Company’s public filings with the SEC; the derivative lawsuit filed on March 21, 2013 on behalf of the Company by counsel for stockholders who made the first Derivative Demand (the “Derivative Lawsuit”); and the investigation by the Special Litigation Committee of the board of directors of the Company. In each case, regardless of when or where the loss took place, or whether any such loss, claim, accident, occurrence, event or happening is known or unknown, and regardless of whether such loss, claim, accident, occurrence, event or happening giving rise to the loss existed prior to, on or after Xenia’s separation from the Company or relates to, arises out of or results from actions, inactions, events, omissions, conditions, facts or circumstances occurring or existing prior to, on or after Xenia’s separation from the Company.
	While, to the best of its knowledge, the Company does not presently anticipate Xenia or Xenia’s subsidiaries, directors, officers, agents, representatives and employees to be made a party to any actions related to the above matters, in connection with the separation of Xenia from the Company, the Company has determined that it is in the best interests of the Company to enter into the Indemnity Agreement.
	In connection with the possibility of a potential Spin-Off of Xenia, on August 12, 2014, the Company's board of directors announced that the distribution reinvestment plan was suspended until further notice.

Organization_Tables

Organization (Tables)	6 Months Ended
	Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Schedule of Commercial Real Estate Properties	'
	The breakdown by segment of the 268 owned properties at June 30, 2014 is as follows:
	Segment	Property Count	Square Feet / Rooms / Beds
	Retail	115	16,547,586	Square feet
	Lodging	100	19,927	Rooms
	Student Housing	14	8,313	Beds
	Non-core	39	7,893,017	Square feet

Acquired_Properties_Tables

Acquired Properties (Tables)	6 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Acquisitions	'
	The table below reflects acquisition activity during the six months ended June 30, 2014.
	Segment	Property	Date	Gross Acquisition Price		Square Feet / Rooms / Beds
	Retail	Suncrest Village	2/13/14	$	14,050	93,358	Square Feet
	Retail	Plantation Grove	2/13/14	12,100		73,655	Square Feet
	Lodging	Aston Waikiki Beach Hotel	2/28/14	183,000		645	Rooms
	Total			$	209,150

Discontinued_Operations_Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Summary of disposition Activity, Excluding Triple Net Portfolio [Table Text Block]	'
	The following properties were sold during the six months ended June 30, 2014. They are included in continuing operations on the consolidated statement of operations and comprehensive income for the six months ended June 30, 2014. A parcel of land was also sold during the six months ended June 30, 2014 for $14,000.
	Segment	Property	Date	Gross Disposition Price			Square Feet / Units / Rooms
	Retail	Willis Town Center	1/8/14	1,600			85,828	Square feet
	Retail	Alcoa Exchange I & II	1/29/14	24,300			339,690	Square feet
	Non-core	Citizens - Dallastown	2/6/14	100			2,995	Square feet
	Retail	Hunting Bayou - 5 properties	2/19/14	15,600			276,416	Square feet
	Retail	Monadnock Marketplace	4/9/14	31,200			367,454	Square feet
	Non-core	Block 121	4/16/14	38,200			255	Units
	Retail	Palm Harbor Shopping Center	5/15/14	12,400			161,431	Square feet
	Lodging	Crowne Plaza - Charleston	5/30/14	13,300			168	Rooms
	Total			$	136,700
Summary of Disposition Activity	'
	The table below reflects sales activity for the six months ended June 30, 2014 reflected in discontinued operations on the consolidated statement of operations and comprehensive income.
	Segment	Property	Date	Gross Disposition Price			Square Feet
	Non-core	Triple net portfolio - 30 properties	1/8/14	$	55,300		148,233	Square feet
	Non-core	Triple net portfolio - 28 Properties	2/21/14	451,900			7,496,769	Square feet
	Non-core	Triple net portfolio - 151 properties	3/10/14	278,600			815,008	Square feet
	Non-core	Triple net portfolio - one property	3/21/14	226,400			736,572	Square feet
	Non-core	Triple net portfolio - 4 properties	3/28/14	58,500			1,118,096	Square feet
	Non-core	Triple net portfolio - 9 properties	5/8/14	138,200			599,830	Square feet
	Total			$	1,208,900
Summary of Components of Discontinued Operations	'
	The components of the Company’s discontinued operations are presented below, which include the results of operations during the three and six months ended June 30, 2014 and 2013 in which the Company owned such properties.
		Three Months Ended							Six Months Ended
		June 30, 2014				June 30, 2013			June 30, 2014			June 30, 2013
	Revenues	$	1,187			$	62,019		$	17,909		$	136,434
	Depreciation and amortization expense	—				19,786			44			45,271
	Other expenses	(352		)		13,259			463			31,562
	Provision for asset impairment	—				—			—			4,476
	Operating income from discontinued operations	$	1,539			$	28,974		$	17,402		$	55,125
	Interest expense and other	(316		)		(18,970		)	(7,469		)	(40,652		)
	Gain on sale of properties, net	19,677				95,813			145,376			119,722
	Gain (loss) on extinguishment of debt	(589		)		1,084			(9,390		)	1,427
	Loss on transfer of assets	—				—			—			(16		)
	Net income from discontinued operations	$	20,311			$	106,901		$	145,919		$	135,606

Investment_in_Partially_Owned_1

Investment in Partially Owned Entities (Tables)	6 Months Ended
	Jun. 30, 2014
Investment in Partially Owned Entities [Abstract]	'
Schedule of Various Consolidated Variable Interest Entities	'
	For the VIEs where the Company is the primary beneficiary, the following are the liabilities of the consolidated VIEs which are not recourse to the Company, and the assets that can be used only to settle those obligations.
		As of June 30, 2014				December 31, 2013
	Net investment properties	$	19,737			$	123,121
	Other assets	26				8,766
	Total assets	19,763				131,887
	Mortgages, notes and margins payable	(9,596		)		(77,873		)
	Other liabilities	(2,155		)		(49,904		)
	Total liabilities	(11,751		)		(127,777		)
	Net assets	$	8,012			$	4,110
Schedule of Net Equity Investment and Share of Net Income or Loss	'
	Under the equity method of accounting, the net equity investment of the Company and the Company’s share of net income or loss from the unconsolidated entity are reflected in the consolidated balance sheets and the consolidated statements of operations and comprehensive income.
	Entity	Description	Ownership %	Investment at				Investment at
				30-Jun-14				December 31, 2013
	Cobalt Industrial REIT II	Industrial portfolio	36%	$	73,514			$	83,306
	Brixmor/IA JV, LLC	Retail Shopping Centers	(a)	62,736				77,551
	IAGM Retail Fund I, LLC	Retail Shopping Centers	55%	113,158				90,509
	Other Unconsolidated Entities (b)	Various real estate investments	Various	10,515				12,552
				$	259,923			$	263,918
Schedule of Combined Financial Information of Investment in Unconsolidated Entities	'
	The following table presents the combined condensed financial information for the Company’s investment in unconsolidated entities.
		June 30, 2014				December 31, 2013
	Assets:
	Real estate assets, net of accumulated depreciation	$	1,509,144			$	1,558,312
	Other assets	271,624				272,810
	Total Assets	1,780,768				1,831,122
	Liabilities and Equity:
	Mortgage debt	1,061,695				1,135,630
	Other liabilities	96,341				96,217
	Equity	622,732				599,275
	Total Liabilities and Equity	1,780,768				1,831,122
	Company’s share of equity	$	274,502			$	278,745
	Net excess of cost of investments over the net book value of underlying net assets (net of accumulated depreciation of $1,039 and $783, respectively)	(14,579		)		(14,827		)
	Carrying value of investments in unconsolidated entities	$	259,923			$	263,918
		Three Months Ended								Six Months Ended
		June 30, 2014				June 30, 2013				June 30, 2014		June 30, 2013
	Revenues	$	53,348			$	68,060			$	100,724	$	111,297
	Expenses:
	Interest expense and loan cost amortization	12,670				13,824				25,005		25,945
	Depreciation and amortization	16,383				17,518				33,763		32,848
	Operating expenses, ground rent and general and administrative expenses	20,236				19,476				38,076		36,023
	Total expenses	49,289				50,818				96,844		94,816
	Net income	$	4,059			$	17,242			$	3,880	$	16,481
	Company’s share of:
	Net income, net of excess basis depreciation of $128 and $242, and $256 and $275, respectively	$	1,944			$	9,018			$	2,423	$	8,044
Schedule of Debt Maturities of the Unconsolidated Entities	'
	The unconsolidated entities had total third party debt of $1,061,695 at June 30, 2014 that matures as follows:
	Year	Amount
	2014	$	44,289
	2015	16,137
	2016	—
	2017	205,580
	2018	318,028
	Thereafter	477,661
		$	1,061,695

Transactions_with_Related_Part1

Transactions with Related Parties (Tables)	6 Months Ended
	Jun. 30, 2014
Related Party Transaction, Due from (to) Related Party [Abstract]	'
Summary of Related Parties Transactions	'
	The following table summarizes the Company’s related party transactions for the three and six months ended June 30, 2014 and 2013.
		Three Months Ended				For the six months ended				Unpaid amounts as of
		June 30, 2014		June 30, 2013		June 30, 2014		June 30, 2013		June 30, 2014		December 31, 2013
	General and administrative:
	General and administrative reimbursement (a)	$	919	$	4,359	$	4,887	$	7,849	$	601	$	4,834
	Investment advisor fee (b)	336		457		685		941		106		—
	Total general and administrative to related parties	$	1,255	$	4,816	$	5,572	$	8,790	$	707	$	4,834
	Property management fees (c)	$	3,105	$	5,407	$	6,723	$	11,734	$	67	$	67
	Business management fee (d)	12		9,507		2,605		19,479		—		8,836
	Loan placement fees (e)	15		271		223		444		—		—
	(a)	In connection with the closing of the Master Modification Agreement and termination of the business management agreement, on March 12, 2014, the Company reimbursed the Business Manager for compensation and other ordinary course out-of-pocket expenses, which totaled approximately $3,401. In addition, the Company reimbursed the Property Managers approximately $249 for compensation and out-of-pocket expenses incurred between January 1, 2014 and March 12, 2014 for the Property Manager employees the Company hired at closing to approximate the economics as though the Company had hired such employees on January 1, 2014. These costs are reflected in general and administrative reimbursements above.
	In addition, the Company has directly retained affiliates of the Business Manager to provide the information technology, investor services and other back-office services that were provided to the Company through the Business Manager prior to the termination of the business management agreement. These service agreements are generally terminable without penalty by either party upon 60 days’ notice. These costs are reflected in general and administrative reimbursements above.
	Unpaid amounts as of June 30, 2014 and December 31, 2013 are included in accounts payable and accrued expenses on the consolidated balance sheets.
	(b)	The Company pays Inland Investment Advisors, Inc., a related party of the Business Manager, to purchase and monitor its investment in marketable securities.
	(c)	As part of the Self-Management Transactions, select Property Management fees charged to the Company were reduced effective January 1, 2014 to reflect, among other things, the hiring of the Property Manager employees and the services that were no longer being performed by the Property Managers. The Amended Property Management Agreements reduced the property management fees charged in respect of most of the Company’s multi-tenant retail properties from 4.50% of gross income generated by the applicable property to 3.50% for the first six months of 2014 and to 3.25% for the last six months of 2014, and reduced fees charged in respect of the Company’s multi-tenant office properties from 3.75% of gross income generated by the applicable property to 3.50% for the first six months of 2014 and to 3.25% for the last six months of 2014. The Company also agreed to assume responsibility for the compensation-related expenses of the Property Manager employees hired by the Company effective March 1, 2014.
	For the three and six months ended June 30, 2013, the Property Managers, entities owned principally by individuals who were related parties of the Business Manager, were entitled to receive property management fees by property type, as follows: (i) for any bank branch facility (office or retail), 2.50% of the gross income generated by the property; (ii) for any multi-tenant industrial property, 4.00% of the gross income generated by the property; (iii) for any multi-family property, 3.75% of the gross income generated by the property; (iv) for any multi-tenant office property, 3.75% of the gross income generated by the property; (v) for any multi-tenant retail property, 4.50% of the gross income generated by the property; (vi) for any single-tenant industrial property, 2.25% of the gross income generated by the property; (vii) for any single-tenant office property, 2.90% of the gross income generated by the property; and (viii) for any single-tenant retail property, 2.90% of the gross income generated by the property.
	In addition to these fees, the Property Managers receive reimbursements of payroll costs for property level employees. The Company reimbursed or will reimburse the Property Managers and other affiliates $904 and $3,427 for the three months ended June 30, 2014 and 2013, respectively, and $3,295 and $6,434 for the six months ended June 30, 2014 and 2013, respectively.
	(d)	In connection with the closing of the Master Modification Agreement and termination of the business management agreement, the Company paid a business management fee for January 2014, which totaled approximately $3,333. The Company did not pay a business management fee for February or March 2014. Pursuant to the letter agreement dated May 4, 2012, the business management fee shall be reduced for investigation costs exclusive of legal fees incurred in conjunction with the SEC matter. The Master Modification Agreement contained a ninety-day reconciliation of certain payments and reimbursements, including the January 2014 business management fee. The reconciliation was completed during the three months ended June 30, 2014, which resulted in $728 of SEC-related investigation costs and an adjusted January 2014 business management fee expense of $2,605. Pursuant to the March 12, 2014 Self-Management Transactions, the May 4, 2012 letter agreement by the Business Manager has been terminated.
	The Company incurred a business management fee of $19,479 for the six months ended June 30, 2013, under the terms of its business manager agreement, which was terminated March 12, 2014. After the Company’s stockholders received a non-cumulative, non-compounded return of 5.00% per annum on their “invested capital,” the Company paid its Business Manager an annual business management fee of up to 1.00% of the “average invested assets,” payable quarterly in an amount equal to 0.25% of the average invested assets as of the last day of the immediately preceding quarter. For the six months ended June 30, 2013, average invested assets were $11,149,502. The business management fee was equal to 0.18% of average invested assets for the six months ended June 30, 2013, respectively.
	(e)	The Company pays a related party of the Business Manager 0.2% of the principal amount of each loan placed for the Company. Such costs are capitalized as loan fees and amortized over the respective loan term.

Debt_Tables

Debt (Tables)	6 Months Ended
	Jun. 30, 2014
Notes and Loans Payable [Abstract]	'
Schedule Of Maturities For Outstanding Mortgage Indebtedness	'
	As of June 30, 2014, scheduled maturities for the Company’s outstanding mortgage indebtedness had various due dates through December 2041, as follows:
	Maturity Date	As of June 30, 2014		Weighted average
				annual interest rate
	2014	$	204,069	3.24%
	2015	385,279		3.55%
	2016	732,008		5.55%
	2017	1,093,344		5.67%
	2018	639,344		5.06%
	Thereafter	960,370		4.28%
	Total	4,014,414

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Quantitative Disclosure of The Fair Value For Each Major Category Of Assets And Liabilities	'
	For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
			Fair Value Measurements at June 30, 2014
			Using Quoted Prices in Active Markets for Identical Assets				Using Significant				Using Significant
							Other Observable Inputs				Other Unobservable Inputs
			(Level 1)				(Level 2)				(Level 3)
	Available-for-sale real estate equity securities		$	227,670			$	—			$	—
	Real estate related bonds		—				3,678				—
	Total assets		$	227,670			$	3,678			$	—
	Derivative interest rate instruments		$	—			$	(1,554	)		$	—
	Total liabilities		$	—			$	(1,554	)		$	—
			Fair Value Measurements at December 31, 2013
			Using Quoted Prices in Active Markets for Identical Assets				Using Significant				Using Significant
							Other Observable Inputs				Other Unobservable Inputs
			(Level 1)				(Level 2)				(Level 3)
	Available-for-sale real estate equity securities		$	234,760			$	—			$	—
	Real estate related bonds		—				8,059				—
	Total assets		$	234,760			$	8,059			$	—
	Derivative interest rate instruments		$	—			$	(458	)		$	—
	Total liabilities		$	—			$	(458	)		$	—
Assets Measured at Fair Value on Non-Recurring Basis	'
	The following table summarizes activity for the Company’s assets measured at fair value on a non-recurring basis. The Company recognized certain impairment charges to reflect the investments at their fair values for the three and six months ended June 30, 2014 and 2013. The asset groups that were reflected at fair value through this evaluation are:
		For the three months ended														For the six months ended
		June 30, 2014								June 30, 2013						June 30, 2014				June 30, 2013
		Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)				Total Impairment Losses				Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)				Total Impairment Losses		Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)		Total Impairment Losses		Fair Value Measure-ments Using Significant Unobser-vable Inputs (Level 3)		Total Impairment Losses
	Investment properties	$	108,100			$	68,106			$	146,091			$	175,612	$	142,980	$	77,945	$	156,218	$	185,067
	Total	$	108,100			$	68,106			$	146,091			$	175,612	$	142,980	77,945		156,218		185,067
Fair Value of Financial Instruments Presented at Carrying Values	'
	The table below represents the fair value of financial instruments presented at carrying values in our consolidated financial statements as of June 30, 2014 and December 31, 2013.
		June 30, 2014							December 31, 2013
		Carrying Value			Estimated				Carrying Value			Estimated
					Fair Value							Fair Value
	Mortgages payable	$	4,014,414		$	4,043,214			$	4,737,459		$	4,748,276
	Line of credit	$	325,180		$	325,180			$	200,180		$	200,180
	Margins payable	$	20,735		$	20,735			$	59,681		$	59,681

Segment_Reporting_Tables

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Reporting Information, Additional Information [Abstract]	'
Summary of Net Property Operations Income By Segment	'
	The following table summarizes net property operations income by segment as of and for the three months ended June 30, 2014.
		Total			Retail		Lodging		Student Housing		Non-Core
	Rental income	$	94,020		$	50,862	$	—	$	17,069	$	26,089
	Straight line adjustment	327			1,012		—		61		(746		)
	Tenant recovery income	16,986			15,005		—		137		1,844
	Other property income	2,810			1,705		—		1,059		46
	Lodging income	314,294			—		314,294		—		—
	Total income	428,437			68,584		314,294		18,326		27,233
	Operating expenses	241,618			21,789		207,936		7,495		4,398
	Net operating income	$	186,819		46,795		106,358		10,831		22,835
	Non allocated expenses (a)	(106,526		)
	Other income and expenses (b)	(24,973		)
	Equity in earnings of unconsolidated entities (c)	1,972
	Provision for asset impairment (d)	(68,106		)
	Net income from continuing operations	(10,814		)
	Net income from discontinued operations	20,311
	Less: net income attributable to noncontrolling interests	(8		)
	Net income attributable to Company	$	9,489
	(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
	(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
	(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
	(d)	Total provision for asset impairment included $68,106 related to two non-core properties.
	The following table summarizes net property operations income by segment as of and for the three months ended June 30, 2013.
		Total			Retail		Lodging		Student Housing		Non-Core
	Rental income	$	90,695		$	53,167	$	—	$	11,722	$	25,806
	Straight line adjustment	1,578			1,769		—		71		(262		)
	Tenant recovery income	17,771			16,334		—		139		1,298
	Other property income	1,516			712		—		680		124
	Lodging income	220,091			—		220,091		—		—
	Total income	331,651			71,982		220,091		12,612		26,966
	Operating expenses	178,364			23,461		145,479		5,027		4,397
	Net operating income	$	153,287		48,521		74,612		7,585		22,569
	Non allocated expenses (a)	(101,114		)
	Other income and expenses (b)	(24,535		)
	Equity in earnings of unconsolidated entities (c)	8,317
	Provision for asset impairment (d)	(175,612		)
	Net loss from continuing operations	(139,657		)
	Net income from discontinued operations	106,901
	Less: net income attributable to noncontrolling interests	—
	Net income attributable to Company	$	(32,756	)
	(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
	(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
	(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
	(d)	Total provision for asset impairment included $175,612 related to seven non-core properties.
	The following table summarizes net property operations income by segment as of and for the six months ended June 30, 2014.
		Total			Retail		Lodging		Student Housing		Non-Core
	Rental income	$	190,290		$	102,408	$	—	$	34,309	$	53,573
	Straight line adjustment	2,100			2,252		—		175		(327		)
	Tenant recovery income	35,341			31,370		—		266		3,705
	Other property income	4,946			2,803		—		2,000		143
	Lodging income	588,639			—		588,639		—		—
	Total income	821,316			138,833		588,639		36,750		57,094
	Operating expenses	469,088			44,242		401,561		14,073		9,212
	Net operating income	$	352,228		94,591		187,078		22,677		47,882
	Non allocated expenses (a)	(212,749		)
	Other income and expenses (b)	(74,406		)
	Equity in earnings of unconsolidated entities (c)	6,932
	Provision for asset impairment (d)	(77,945		)
	Net loss from continuing operations	(5,940		)
	Net income from discontinued operations	145,919
	Less: net income attributable to noncontrolling interests	(8		)
	Net income attributable to Company	$	139,971
	Balance Sheet Data:
Real estate assets, net (e)	$	7,129,478		$	2,115,777	$	3,598,774	$	628,339	$	786,588
Non-segmented assets (f)	$	1,416,161
Total Assets	$	8,545,639
Capital expenditures	$	23,507		$	8,548	$	13,182	$	744	$	1,033
(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
(d)	Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.
(e)	Real estate assets includes intangible assets, net of amortization.
(f)	Construction in progress is included as non-segmented assets.
The following table summarizes net property operations income by segment as of and for the six months ended June 30, 2013.
	Total			Retail		Lodging		Student Housing		Non-Core
Rental income	$	186,316		$	111,797	$	—	$	23,338	$	51,181
Straight line adjustment	2,763			3,342		—		107		(686		)
Tenant recovery income	36,790			33,692		—		233		2,865
Other property income	3,387			1,926		—		1,241		220
Lodging income	404,690			—		404,690		—		—
Total income	633,946			150,757		404,690		24,919		53,580
Operating expenses	343,288			47,837		276,982		9,777		8,692
Net operating income	$	290,658		102,920		127,708		15,142		44,888
Non allocated expenses (a)	(202,172		)
Other income and expenses (b)	(74,763		)
Equity in earnings of unconsolidated entities (c)	7,476
Provision for asset impairment (d)	(185,067		)
Net loss from continuing operations	(163,868		)
Net income from discontinued operations	135,606
Less: net income attributable to noncontrolling interests	(8		)
Net loss attributable to Company	$	(28,270	)
(a)	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
(b)	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
(c)	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
(d)	Total provision for asset impairment included $9,456 related to one retail property and $175,611 related to seven non-core properties

Organization_Details

Organization (Details)	Jun. 30, 2014	Jun. 30, 2013
	Properties	Properties
Schedule of commercial real estate properties	'	'
Property Count	268	565
Retail [Member]	'	'
Schedule of commercial real estate properties	'	'
Property Count	115	'
Area of Real Estate Property	16,547,586	'
Lodging [Member]	'	'
Schedule of commercial real estate properties	'	'
Property Count	100	'
Rooms/Beds	19,927	'
Student Housing [Member]	'	'
Schedule of commercial real estate properties	'	'
Property Count	14	'
Rooms/Beds	8,313	'
Non Core [Member]	'	'
Schedule of commercial real estate properties	'	'
Property Count	39	'
Area of Real Estate Property	7,893,017	'

Organization_Details_Textual

Organization (Details Textual)	0 Months Ended
	Mar. 13, 2014	Jun. 30, 2014	Jun. 30, 2013
		Properties	Properties
Organization (Textual) [Abstract]	'	'	'
Number of company owned commercial real estate properties	'	268	565
Disposal Group, Including Discontinued Operations, Agreed Number of Properties To Be Sold In Future Periods	'	280	'
Date of Self-Management Transaction Event	12-Mar-14	'	'

Acquired_Properties_Details

Acquired Properties (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Acquisition	'	'
Gross Acquisition Price	$209,150	$234,250
Bohemian Hotel Celebration [Member] | Retail [Member]	'	'
Acquisition	'	'
Date	13-Feb-14	'
Gross Acquisition Price	14,050	'
Rooms/Beds	93,358	'
Westport Village [Member] | Retail [Member]	'	'
Acquisition	'	'
Date	13-Feb-14	'
Gross Acquisition Price	12,100	'
Area of Real Estate Property	73,655	'
Andaz San Diego Hotel [Member] | Lodging [Member]	'	'
Acquisition	'	'
Date	28-Feb-14	'
Gross Acquisition Price	$183,000	'
Rooms/Beds	645	'

Acquired_Properties_Details_Te

Acquired Properties (Details Textual) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
			Properties	Properties
Business Acquisition [Line Items]	'	'	'	'
Number of businesses acquired	'	'	3	6
Gross acquisition price	'	'	$209,150	$234,250
Revenue not included in related expensed acquisition costs	10,308	9,163	14,202	16,585
Property net income not included in related expensed acquisition costs	725	857	1,475	5,725
Business Acquisition, Transaction Costs, Quarter to Date	38	316	'	'
Acquisition and transaction costs	$1,310	$736	$1,310	$736
Retail [Member]	'	'	'	'
Business Acquisition [Line Items]	'	'	'	'
Number of businesses acquired	'	'	2	2
Lodging [Member]	'	'	'	'
Business Acquisition [Line Items]	'	'	'	'
Number of businesses acquired	'	'	1	3
Student Housing [Member]	'	'	'	'
Business Acquisition [Line Items]	'	'	'	'
Number of businesses acquired	'	'	'	1

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	0 Months Ended	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	8-May-14	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
				Property	Properties
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'
Proceeds from sale of investment properties, net	'	'	'	670,338	$780,535
Gain (Loss) on Sale of Properties	'	11,342	13,215	12,585	13,215
Summary of disposition activity	'	'	'	'	'
Disposal date	8-May-14	'	'	'	'
Gross disposition price	'	'	'	1,359,600	720,843
Number Of Disposed Assets	'	'	'	237	223
A-T-T St. Louis, St. Louis, Missouri [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Gross disposition price	228,400	'	'	'	'
Non Core [Member] | Oak Park Dallas, TX [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Gross disposition price	'	'	'	14,000	'
Non Core [Member] | Triple Net 30 Pack Jan 8 2014 [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Disposal date	'	'	'	8-Jan-14	'
Gross disposition price	'	'	'	55,300	'
Area of Real Estate Property	'	148,233	'	148,233	'
Non Core [Member] | Triple Net 28 Pack Feb 21 2014 [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Disposal date	'	'	'	21-Feb-14	'
Gross disposition price	'	'	'	451,900	'
Area of Real Estate Property	'	7,496,769	'	7,496,769	'
Non Core [Member] | Triple Net 151 Pack Mar 10 2014 [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Disposal date	'	'	'	10-Mar-14	'
Gross disposition price	'	'	'	278,600	'
Area of Real Estate Property	'	815,008	'	815,008	'
Non Core [Member] | Sanofi Aventis Bridgewater, NJ [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Disposal date	'	'	'	21-Mar-14	'
Gross disposition price	'	'	'	226,400	'
Area of Real Estate Property	'	736,572	'	736,572	'
Non Core [Member] | Triple Net Portfolio - 4 Properties [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Disposal date	'	'	'	28-Mar-14	'
Gross disposition price	'	'	'	58,500	'
Area of Real Estate Property	'	1,118,096	'	1,118,096	'
Non Core [Member] | Triple Net Portfolio - 214 Properties Sold Q1 2014 [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Gross disposition price	'	'	'	1,208,900	'
Non Core [Member] | Triple Net 9 Pack May 8 [Member]	'	'	'	'	'
Summary of disposition activity	'	'	'	'	'
Disposal date	'	'	'	8-May-14	'
Gross disposition price	'	'	'	138,200	'
Area of Real Estate Property	'	599,830	'	599,830	'

Discontinued_Operations_Detail1

Discontinued Operations (Details 1) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Summary of components of discontinued operations	'	'	'	'
Revenues	$1,187	$62,019	$17,909	$136,434
Depreciation and amortization expense	0	19,786	44	45,271
Expenses	-352	13,259	463	31,562
Provision for asset impairment	0	0	0	4,476
Operating income from discontinued operations	1,539	28,974	17,402	55,125
Interest expense and other	-316	-18,970	-7,469	-40,652
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	19,677	95,813	145,376	119,722
Gain (loss) on extinguishment of debt	-589	1,084	-9,390	1,427
Loss on transfer of assets	0	0	0	-16
Net income from discontinued operations	20,311	106,901	145,919	135,606
Disposal Group Including Discontinued Operations Investing Cash Flows	'	'	519	0
Disposal Group Including Discontinued Operation Operating Cash Flows	'	'	$5	$36

Discontinued_Operations_Detail2

Discontinued Operations (Details Textual) (USD $)	6 Months Ended				0 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	8-May-14
	Properties	Property	Properties	Triple Net 9 Pack May 8 [Member]	A-T-T St. Louis, St. Louis, Missouri [Member]
			Assets	Non Core [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'	'
Properties Contributed to an Unconsolidated Entity	'	'	13	'	'
Gain on Contribution of Properties to Joint Venture	'	'	$12,863	'	'
Proceeds from sale of investment properties, net	'	670,338	780,535	'	'
Discontinued Operations (Textual) [Abstract]	'	'	'	'	'
Number Of Disposed Assets	237	237	223	'	'
Number of surrendered properties	1	1	1	'	'
Gross disposition price	'	$1,359,600	$720,843	$138,200	$228,400

Discontinued_Operations_Discon

Discontinued Operations Discontinued Operations (Details 2) (USD $)	0 Months Ended	6 Months Ended
In Thousands, unless otherwise specified	8-May-14	Jun. 30, 2014	Jun. 30, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	8-May-14	'	'
Discontinued Operation, Gross Disposition Price	'	$1,359,600	$720,843
Properties Sold Outside Triple Net Portfolio [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Discontinued Operation, Gross Disposition Price	'	136,700	'
Non Core [Member] | Citizens (CFG) Pennsylvania Dallastown, PA [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	6-Feb-14	'
Discontinued Operation, Gross Disposition Price	'	100	'
Area of Real Estate Property	'	2,995	'
Non Core [Member] | Block 121 & Block 121 Retail [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	16-Apr-14	'
Discontinued Operation, Gross Disposition Price	'	38,200	'
Number of Units in Real Estate Property	'	255	'
Retail [Member] | Willis Town Center Willis, TX [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	8-Jan-14	'
Discontinued Operation, Gross Disposition Price	'	1,600	'
Area of Real Estate Property	'	85,828	'
Retail [Member] | Alcoa Exchange I & II [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	29-Jan-14	'
Discontinued Operation, Gross Disposition Price	'	24,300	'
Area of Real Estate Property	'	339,690	'
Retail [Member] | Hunting Bayou Portfolio - 5 Properties [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	19-Feb-14	'
Discontinued Operation, Gross Disposition Price	'	15,600	'
Area of Real Estate Property	'	276,416	'
Retail [Member] | Monadnock Marketplace & Condo [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	9-Apr-14	'
Discontinued Operation, Gross Disposition Price	'	31,200	'
Area of Real Estate Property	'	367,454	'
Retail [Member] | Palm Harbor Shopping Center [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	15-May-14	'
Discontinued Operation, Gross Disposition Price	'	12,400	'
Area of Real Estate Property	'	161,431	'
Lodging [Member] | Crown Plaza Charleston [Member]	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Disposal Date	'	30-May-14	'
Discontinued Operation, Gross Disposition Price	'	$13,300	'
Number of Units in Real Estate Property	'	168	'

Investment_in_Partially_Owned_2

Investment in Partially Owned Entities (Details) (Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure [Member], USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure [Member]	'	'
Variable Interest Entity [Line Items]	'	'
Net investment properties	$19,737	$123,121
Other assets	26	8,766
Total assets	19,763	131,887
Mortgages, notes and margins payable	-9,596	-77,873
Other liabilities	-2,155	-49,904
Total liabilities	-11,751	-127,777
Net assets	$8,012	$4,110

Investment_in_Partially_Owned_3

Investment in Partially Owned Entities (Details 1) (USD $)	0 Months Ended	3 Months Ended			6 Months Ended
In Thousands, unless otherwise specified	Feb. 21, 2014	Jun. 30, 2014		Jun. 30, 2013	Jun. 30, 2014		Jun. 30, 2013	Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]	'	'		'	'		'	'
Date of purchase of joint venture partners' interest	21-Feb-14	'		'	'		'	'
Gain (Loss) on Purchase of Joint Venture Investment	'	($28)		$701	($4,509)		$568	'
Schedule of net equity investment and share of net income or loss	'	'		'	'		'	'
Investment	'	259,923		'	259,923		'	263,918
Cobalt Industrial REIT II [Member]	'	'		'	'		'	'
Schedule of net equity investment and share of net income or loss	'	'		'	'		'	'
Description	'	'		'	'Industrial portfolio		'	'
Ownership %	'	36.00%		'	36.00%		'	'
Investment	'	73,514		'	73,514		'	83,306
Brixmor/IA JV, LLC [Member]	'	'		'	'		'	'
Schedule of net equity investment and share of net income or loss	'	'		'	'		'	'
Description	'	'		'	'Retail Shopping Centers	[1]	'	'
Investment	'	62,736	[1]	'	62,736	[1]	'	77,551	[1]
IAGM Retail Fund I, LLC [Member]	'	'		'	'		'	'
Schedule of net equity investment and share of net income or loss	'	'		'	'		'	'
Description	'	'		'	'Retail Shopping Centers		'	'
Ownership %	'	55.00%		'	55.00%		'	'
Investment	'	113,158		'	113,158		'	90,509
Other Unconsolidated Entities [Member]	'	'		'	'		'	'
Schedule of net equity investment and share of net income or loss	'	'		'	'		'	'
Description	'	'		'	'Various real estate investments		'	'
Investment	'	10,515	[2]	'	10,515	[2]	'	12,552	[2]
Unconsolidated Entities [Member]	'	'		'	'		'	'
Schedule of net equity investment and share of net income or loss	'	'		'	'		'	'
Investment	'	$259,923		'	$259,923		'	$263,918
[1]	The Company has a preferred membership interest and is entitled to a 11% preferred dividend in Brixmor/IA JV, LLC.
[2]	On February 21, 2014, the Company purchased their partners' interest in one joint venture, which resulted in the Company obtaining control of the venture. Therefore, as of June 30, 2014, the Company consolidated this entity, recorded the assets and liabilities of the joint venture at fair value, and recorded a gain of $4,509 on the purchase of this investment

Investment_in_Partially_Owned_4

Investment in Partially Owned Entities (Details 2) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Liabilities and Equity	'	'	'	'	'
Carrying value of investments in unconsolidated entities	$259,923	'	$259,923	'	$263,918
Company’s share of:	'	'	'	'	'
Net income, net of excess basis depreciation of $128 and $242, and $256 and $275, respectively	1,944	9,018	2,423	8,044	'
Unconsolidated Entities [Member]	'	'	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'
Accumulated Depreciation of Investments over Book Value	1,039	'	1,039	'	783
Assets	'	'	'	'	'
Real estate assets, net of accumulated depreciation	1,509,144	'	1,509,144	'	1,558,312
Other assets	271,624	'	271,624	'	272,810
Total Assets	1,780,768	'	1,780,768	'	1,831,122
Liabilities and Equity	'	'	'	'	'
Equity Method Investments Long Term Debt	1,061,695	'	1,061,695	'	1,135,630
Other liabilities	96,341	'	96,341	'	96,217
Equity	622,732	'	622,732	'	599,275
Total Liabilities and Equity	1,780,768	'	1,780,768	'	1,831,122
Company’s share of equity	274,502	'	274,502	'	278,745
Net excess of cost of investments over the net book value of underlying net assets (net of accumulated depreciation of $1,039 and $783, respectively)	-14,579	'	-14,579	'	-14,827
Carrying value of investments in unconsolidated entities	259,923	'	259,923	'	263,918
Statements of Operations:	'	'	'	'	'
Revenues	53,348	68,060	100,724	111,297	'
Expenses:	'	'	'	'	'
Equity Method Investments, Interest Expense and Loan Cost Amortization	12,670	13,824	25,005	25,945	'
Depreciation and amortization	16,383	17,518	33,763	32,848	'
Operating expenses, ground rent and general and administrative expenses	20,236	19,476	38,076	36,023	'
Total expenses	49,289	50,818	96,844	94,816	'
Net income (loss)	4,059	17,242	3,880	16,481	'
Company’s share of:	'	'	'	'	'
Depreciation	128	242	256	275	'
Impairment Gain (Loss) on Investment Properties	'	0	'	'	'
Fair Value, Measurements, Nonrecurring [Member] | Unconsolidated Entities [Member]	'	'	'	'	'
Company’s share of:	'	'	'	'	'
Impairment	0	'	0	'	'
Impairment Gain (Loss) on Investment Properties	'	$1,003	$0	$1,003	'

Investment_in_Partially_Owned_5

Investment in Partially Owned Entities (Details 3) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Schedule of Debt Maturities of the Unconsolidated Entities	'	'
Recourse Debt	$271,875	'
Unconsolidated Entities [Member]	'	'
Schedule of Debt Maturities of the Unconsolidated Entities	'	'
2014	44,289	'
2015	16,137	'
2016	0	'
2017	205,580	'
2018	318,028	'
Thereafter	477,661	'
Equity Method Investments Long Term Debt	1,061,695	1,135,630
Recourse Debt	$23,000	'

Investment_in_Partially_Owned_6

Investment in Partially Owned Entities (Details Textual) (USD $)

3 Months Ended

6 Months Ended

6 Months Ended

12 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

In Thousands, unless otherwise specified

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

joint_venture

Brixmor/IA JV, LLC [Member]

Brixmor/IA JV, LLC [Member]

IAGM Retail Fund I, LLC [Member]

IAGM Retail Fund I, LLC [Member]

Consolidated Entities [Member]

Consolidated Entities [Member]

Unconsolidated Entities [Member]

Unconsolidated Entities [Member]

Unconsolidated Entities [Member]

Unconsolidated Entities [Member]

Lodging [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

shopping_center

Brixmor/IA JV, LLC [Member]

Consolidated Entities [Member]

Unconsolidated Entities [Member]

Unconsolidated Entities [Member]

Unconsolidated Entities [Member]

Unconsolidated Entities [Member]

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Business management fee

$12

'

$9,507

$2,605

$19,479

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Investment in Partially Owned Entities (Textual) [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Ownership %

'

'

'

'

'

'

'

'

'

'

67.00%

'

'

'

'

75.00%

'

'

'

'

Number of shopping centers

'

'

'

'

'

'

'

'

'

'

9

'

'

'

'

'

'

'

'

'

Variable Interest Entity, Qualitative or Quantitative Information, Effective Ownership Percentage

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

'

Variable Interest Entity, Measure of Activity, Other, Amount

'

'

'

'

'

'

'

'

'

0

47,762

'

'

'

'

'

'

'

'

'

Preferred dividend

'

'

'

'

'

'

'

'

'

'

'

'

'

'

11.00%

'

'

'

'

'

Investment in unconsolidated entities

259,923

263,918

'

259,923

'

62,736

[1]

77,551

[1]

113,158

90,509

'

'

'

259,923

263,918

'

'

'

'

'

'

Impairment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

0

'

Unconsolidated third party debt, total

'

'

'

'

'

'

'

'

'

'

'

'

1,061,695

1,135,630

'

'

'

'

'

'

Gross disposition price

'

'

'

1,359,600

720,843

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number Of Joint Ventures Entered Into By Entity

'

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Impairment Gain (Loss) on Investment Properties

'

'

'

'

'

'

'

'

'

'

'

$0

'

'

'

'

'

$1,003

$0

$1,003

[1]

The Company has a preferred membership interest and is entitled to a 11% preferred dividend in Brixmor/IA JV, LLC.

Transactions_with_Related_Part2

Transactions with Related Parties (Details) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Dec. 31, 2013
Summary of related parties transactions	'		'		'		'		'
Business management fee	$12		$9,507		$2,605		$19,479		'
Affiliated Entity [Member]	'		'		'		'		'
Summary of related parties transactions	'		'		'		'		'
General and administrative reimbursement paid	919	[1]	4,359	[1]	4,887	[1]	7,849	[1]	'
General And Administrative Reimbursement Expense Unpaid	601		'		601		'		4,834
Investment advisor fee paid	336	[2]	457	[2]	685	[2]	941	[2]	'
Investment Advisor Fee Expense Unpaid	106	[2]	'		106	[2]	'		0	[2]
Total general and administrative to related parties paid	1,255		4,816		5,572		8,790		'
Total general and administrative expenses, unpaid	707		'		707		'		4,834
Property management fees paid	3,105	[3]	5,407	[3]	6,723	[3]	11,734	[3]	'
Property Management Fee Expense Unpaid	67	[3]	'		67	[3]	'		67	[3]
Related Party Transactions Management Fee Expense Unpaid	0	[4]	'		0	[4]	'		8,836	[4]
Loan placement fees paid	15	[5]	271	[5]	223	[5]	444	[5]	'
Loan Placement Fee Expense Unpaid	$0	[5]	'		$0	[5]	'		$0	[5]
[1]	In connection with the closing of the Master Modification Agreement and termination of the business management agreement, on March 12, 2014, the Company reimbursed the Business Manager for compensation and other ordinary course out-of-pocket expenses, which totaled approximately $3,401. In addition, the Company reimbursed the Property Managers approximately $249 for compensation and out-of-pocket expenses incurred between January 1, 2014 and March 12, 2014 for the Property Manager employees the Company hired at closing to approximate the economics as though the Company had hired such employees on January 1, 2014. These costs are reflected in general and administrative reimbursements above. In addition, the Company has directly retained affiliates of the Business Manager to provide the information technology, investor services and other back-office services that were provided to the Company through the Business Manager prior to the termination of the business management agreement. These service agreements are generally terminable without penalty by either party upon 60 days’ notice. These costs are reflected in general and administrative reimbursements above. Unpaid amounts as of June 30, 2014 and December 31, 2013 are included in accounts payable and accrued expenses on the consolidated balance sheets.
[2]	The Company pays Inland Investment Advisors, Inc., a related party of the Business Manager, to purchase and monitor its investment in marketable securities.
[3]	As part of the Self-Management Transactions, select Property Management fees charged to the Company were reduced effective January 1, 2014 to reflect, among other things, the hiring of the Property Manager employees and the services that were no longer being performed by the Property Managers. The Amended Property Management Agreements reduced the property management fees charged in respect of most of the Company’s multi-tenant retail properties from 4.50% of gross income generated by the applicable property to 3.50% for the first six months of 2014 and to 3.25% for the last six months of 2014, and reduced fees charged in respect of the Company’s multi-tenant office properties from 3.75% of gross income generated by the applicable property to 3.50% for the first six months of 2014 and to 3.25% for the last six months of 2014. The Company also agreed to assume responsibility for the compensation-related expenses of the Property Manager employees hired by the Company effective March 1, 2014.For the three and six months ended June 30, 2013, the Property Managers, entities owned principally by individuals who were related parties of the Business Manager, were entitled to receive property management fees by property type, as follows: (i) for any bank branch facility (office or retail), 2.50% of the gross income generated by the property; (ii) for any multi-tenant industrial property, 4.00% of the gross income generated by the property; (iii) for any multi-family property, 3.75% of the gross income generated by the property; (iv) for any multi-tenant office property, 3.75% of the gross income generated by the property; (v) for any multi-tenant retail property, 4.50% of the gross income generated by the property; (vi) for any single-tenant industrial property, 2.25% of the gross income generated by the property; (vii) for any single-tenant office property, 2.90% of the gross income generated by the property; and (viii) for any single-tenant retail property, 2.90% of the gross income generated by the property.In addition to these fees, the Property Managers receive reimbursements of payroll costs for property level employees. The Company reimbursed or will reimburse the Property Managers and other affiliates $904 and $3,427 for the three months ended June 30, 2014 and 2013, respectively, and $3,295 and $6,434 for the six months ended June 30, 2014 and 2013, respectively.
[4]	In connection with the closing of the Master Modification Agreement and termination of the business management agreement, the Company paid a business management fee for January 2014, which totaled approximately $3,333. The Company did not pay a business management fee for February or March 2014. Pursuant to the letter agreement dated May 4, 2012, the business management fee shall be reduced for investigation costs exclusive of legal fees incurred in conjunction with the SEC matter. The Master Modification Agreement contained a ninety-day reconciliation of certain payments and reimbursements, including the January 2014 business management fee. The reconciliation was completed during the three months ended June 30, 2014, which resulted in $728 of SEC-related investigation costs and an adjusted January 2014 business management fee expense of $2,605. Pursuant to the March 12, 2014 Self-Management Transactions, the May 4, 2012 letter agreement by the Business Manager has been terminated.The Company incurred a business management fee of $19,479 for the six months ended June 30, 2013, under the terms of its business manager agreement, which was terminated March 12, 2014. After the Company’s stockholders received a non-cumulative, non-compounded return of 5.00% per annum on their “invested capital,” the Company paid its Business Manager an annual business management fee of up to 1.00% of the “average invested assets,” payable quarterly in an amount equal to 0.25% of the average invested assets as of the last day of the immediately preceding quarter. For the six months ended June 30, 2013, average invested assets were $11,149,502. The business management fee was equal to 0.18% of average invested assets for the six months ended June 30, 2013, respectively.
[5]	The Company pays a related party of the Business Manager 0.2% of the principal amount of each loan placed for the Company. Such costs are capitalized as loan fees and amortized over the respective loan term.

Transactions_with_Related_Part3

Transactions with Related Parties (Details Textual) (USD $)

0 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

12 Months Ended

0 Months Ended

6 Months Ended

In Thousands, except Share data, unless otherwise specified

Mar. 13, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jan. 31, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2014

Affiliated Entity [Member]

Affiliated Entity [Member]

Affiliated Entity [Member]

Affiliated Entity [Member]

Affiliated Entity [Member]

Affiliated Entity [Member]

Inland Bank and Trust [Member]

Inland Bank and Trust [Member]

Inland Real Estate Corporation [Member]

Inland Real Estate Corporation [Member]

Related Party Transaction [Domain]

Related Party Transaction [Domain]

Related Party Transaction [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Business management fee incurred, gross

'

'

'

'

'

$3,333

'

'

'

'

'

'

'

'

'

'

'

Investigation Costs

'

'

'

'

'

'

'

'

728

'

'

'

'

'

'

'

'

Non-cumulative, non-compounded return on invested capital

'

'

'

'

'

'

'

'

'

5.00%

'

'

'

'

'

'

'

Percentage of annual business management fee

'

'

'

'

'

'

'

'

'

1.00%

'

'

'

'

'

'

'

Payment of management fee to Business Manager, percentage of average invested assets

'

'

'

'

'

'

'

'

'

0.25%

'

'

'

'

'

'

'

Average invested assets

'

'

'

'

'

'

'

'

'

11,149,502

'

'

'

'

'

'

'

Business management fee

'

12

9,507

2,605

19,479

'

'

'

'

'

'

'

'

'

'

'

'

Business management fee, percent type

'

'

'

'

'

'

'

'

'

0.18%

'

'

'

'

'

'

'

Payment to related party

'

'

'

'

'

'

'

'

0.20%

'

'

'

'

'

'

'

'

Consulting agreement fee per month

'

'

'

200

'

'

'

'

'

'

'

'

'

'

'

'

'

Asset Acquisition Agreement Consummation Date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

31-Dec-14

'

Date of Self-Management Transaction Event

12-Mar-14

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Deposited in Inland Bank and Trust

'

'

'

'

'

'

'

'

'

'

'

376

376

'

'

'

'

Insurance premiums for Captive

'

'

'

'

'

'

3,154

2,962

6,364

6,137

'

'

'

'

'

'

'

Shares held in related entity

'

'

'

'

'

'

'

'

'

'

'

'

'

899,820

899,820

'

'

Equity interest in related entity

'

'

'

'

'

'

'

'

'

'

'

'

'

9,565

9,466

'

'

Reimbursement for property manager compensation and other expenses

'

'

'

249

'

'

'

'

'

'

'

'

'

'

'

'

'

Reimbursement for business manager compensation and other expenses

'

3,401

'

3,401

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of Gross Income Generated Property

'

'

'

'

'

'

'

'

'

2.50%

'

'

'

'

'

'

'

Percentage Of Gross Income Generated By Multi-Tenant Industrial Property

'

'

'

'

'

'

'

'

'

4.00%

'

'

'

'

'

'

'

Percentage Of Gross Income Generated By Multi-Family Property

'

'

'

'

'

'

'

'

'

3.75%

'

'

'

'

'

'

'

Percentage Of Gross Income Generated By Multi-Tenant Office Property

'

'

'

3.50%

'

'

'

'

'

'

3.75%

'

'

'

'

'

3.25%

Percentage Of Gross Income Generated By Multi-Tenant Retail Property

'

'

'

3.50%

'

'

'

'

'

'

4.50%

'

'

'

'

'

3.25%

Percentage Of Gross Income Generated By Single-Tenant Industrial Property

'

'

'

'

'

'

'

'

'

2.25%

'

'

'

'

'

'

'

Percentage Of Gross Income Generated By Single-Tenant Office Property

'

'

'

'

'

'

'

'

'

2.90%

'

'

'

'

'

'

'

Percentage Of Gross Income Generated By Single-Tenant Retail Property

'

'

'

'

'

'

'

'

'

2.90%

'

'

'

'

'

'

'

Reimbursement to property managers

'

'

'

'

'

'

$904

$3,427

$3,295

$6,434

'

'

'

'

'

'

'

Investment_in_Marketable_Secur1

Investment in Marketable Securities (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Investment in Marketable Securities (Textual) [Abstract]	'	'	'	'	'
Investment in marketable securities	$231,348	'	$231,348	'	$242,819
Impairment on securities included as a component of realized gain (loss)	154,692	'	154,692	'	171,450
Net accumulated other comprehensive income	'	'	76,656	'	71,369
Gross unrealized losses	'	'	1,131	'	3,189
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	23,394	'	23,394	'	9,304
Impairments on available for sale securities	0	0	0	0	'
Dividend income recognized	$3,669	$4,228	$7,388	$8,823	'

Debt_Details

Debt (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Loans	Loans
Debt Instrument, Unamortized Discount (Premium), Net	$14,601	$17,459
Recourse Debt	271,875	'
Number of loans	5	6
Carrying amount of mortgage loan	105,910	116,910
Schedule of maturities for outstanding mortgage indebtedness	'	'
Weighted average interest rate	4.89%	5.09%
Carrying Value of Mortgage and Notes Payable	4,014,414	4,737,459
2011 [Member]	'	'
Carrying amount of mortgage loan	12,100	12,100
2012 [Member]	'	'
Carrying amount of mortgage loan	'	11,000
2014 [Member]	'	'
Schedule of maturities for outstanding mortgage indebtedness	'	'
Weighted average interest rate	3.24%	'
2014	204,069	'
2017 [Member]	'	'
Carrying amount of mortgage loan	73,695	73,695
2015 [Member]	'	'
Schedule of maturities for outstanding mortgage indebtedness	'	'
Weighted average interest rate	3.55%	'
2015	385,279	'
2016 [Member]	'	'
Schedule of maturities for outstanding mortgage indebtedness	'	'
Weighted average interest rate	5.55%	'
2016	732,008	'
2017 [Member]	'	'
Schedule of maturities for outstanding mortgage indebtedness	'	'
Weighted average interest rate	5.67%	'
2017	1,093,344	'
2018 [Member]	'	'
Schedule of maturities for outstanding mortgage indebtedness	'	'
Weighted average interest rate	5.06%	'
2018	639,344	'
Thereafter [Member]	'	'
Schedule of maturities for outstanding mortgage indebtedness	'	'
Weighted average interest rate	4.28%	'
Thereafter	960,370	'
2016 [Member]	'	'
Carrying amount of mortgage loan	$20,115	$20,115

Debt_Details_Textual

Debt (Details Textual) (USD $)

3 Months Ended

6 Months Ended

6 Months Ended

0 Months Ended

6 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Nov. 05, 2013

Jun. 30, 2014

Dec. 31, 2013

Nov. 05, 2013

8-May-13

Jun. 30, 2014

Dec. 31, 2013

Nov. 05, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

Term Loan [Member]

Term Loan [Member]

Term Loan [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

2011 [Member]

2011 [Member]

2016 [Member]

2016 [Member]

2017 [Member]

2017 [Member]

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

KeyBanc Capital Markets and J.P. Morgan Securities LLC [Member]

Line of Credit Facility [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Carrying amount of mortgage loan

$105,910,000

'

$105,910,000

'

$116,910,000

'

'

'

'

'

'

'

'

$12,100,000

$12,100,000

$20,115,000

$20,115,000

$73,695,000

$73,695,000

Mortgages, Notes and Margins Payable (Textual) [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payable for securities purchased on margin

20,735,000

'

20,735,000

'

59,681,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Margin rate on securities

0.50%

'

0.50%

'

0.52%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest expense

58,000

118,000

130,000

334,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing amount

'

'

'

'

'

500,000,000

'

'

'

'

'

'

300,000,000

'

'

'

'

'

'

Debt instrument, amount

'

'

'

'

'

'

'

'

200,000,000

'

'

'

'

'

'

'

'

'

'

Potential borrowing capacity

'

'

'

'

'

'

'

'

'

'

'

'

800,000,000

'

'

'

'

'

'

Extension option on line of credit, period

'

'

'

'

'

'

'

'

'

'

'1 year

'

'

'

'

'

'

'

'

Notice Period Provided for One Year Extension Option on Revolving LIne of Credit

'

'

'

'

'

'

'

'

'

'

'60

'

'

'

'

'

'

'

'

Commitment fee

'

'

'

'

'

'

'

'

'

0.20%

'

'

'

'

'

'

'

'

'

Interest rate at period end on revolving line of credit

'

'

'

'

'

'

'

'

'

'

1.76%

1.60%

'

'

'

'

'

'

'

Interest rate at period end on unsecured term loan

'

'

'

'

'

'

1.66%

1.67%

'

'

'

'

'

'

'

'

'

'

'

Remaining borrowing capacity

'

'

'

'

'

'

'

'

'

'

174,820,000

299,820,000

'

'

'

'

'

'

'

Liabilities held for sale

$0

'

$0

'

$880,156,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Expiration Date

'

'

'

'

'

'

'

'

'

'

7-May-16

'

'

'

'

'

'

'

'

Debt Instrument, Maturity Date

'

'

'

'

'

'

7-May-17

'

'

'

'

'

'

'

'

'

'

'

'

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Using Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]	'	'
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis	'	'
Available-for-sale real estate equity securities	$227,670	$234,760
Real estate related bonds	0	0
Total assets	227,670	234,760
Derivative interest rate instruments	0	0
Total liabilities	0	0
Using Significant Other Observable Inputs (Level 2) [Member]	'	'
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis	'	'
Available-for-sale real estate equity securities	0	0
Real estate related bonds	3,678	8,059
Total assets	3,678	8,059
Derivative interest rate instruments	-1,554	-458
Total liabilities	-1,554	-458
Using Significant Other Unobservable Inputs (Level 3) [Member]	'	'
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis	'	'
Available-for-sale real estate equity securities	0	0
Real estate related bonds	0	0
Total assets	0	0
Derivative interest rate instruments	0	0
Total liabilities	$0	$0

Fair_Value_Measurements_Detail1

Fair Value Measurements (Details 1) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

In Thousands, unless otherwise specified

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Dec. 31, 2013

Fair Value, Inputs, Level 2 [Member]

Fair Value, Inputs, Level 2 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Fair Value, Measurements, Nonrecurring [Member]

Interest Rate Swap [Member]

Interest Rate Swap [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 3 [Member]

Fair Value, Inputs, Level 2 [Member]

Fair Value, Inputs, Level 2 [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Assets, Fair Value Disclosure, Quarter End

'

'

'

'

'

'

'

'

'

'

'

'

$108,100

$146,091

'

'

Assets, Fair Value Disclosure

'

'

'

'

3,678

8,059

0

0

'

'

'

'

142,980

156,218

'

'

Derivative, Notional Amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

106,533

60,044

Fair value assets measured on non recurring basis unobservable input reconciliation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total impairment losses, investment properties

68,106

[1]

175,612

[2]

77,945

[3]

185,067

'

'

'

'

'

'

77,945

185,067

'

'

'

'

Investments, Fair Value Disclosure, Quarter End Date

'

'

'

'

'

'

'

'

'

'

'

'

108,100

146,091

'

'

Investments, Fair Value Disclosure

'

'

'

'

'

'

'

'

'

'

'

'

142,980

156,218

'

'

Total impairment losses

'

'

'

'

'

'

'

'

$68,106

$175,612

$77,945

$185,067

'

'

'

'

[1]

Total provision for asset impairment included $68,106 related to two non-core properties.

[2]

Total provision for asset impairment included $175,612 related to seven non-core properties.

[3]

Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.

Fair_Value_Measurements_Detail2

Fair Value Measurements (Details 2) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value Disclosures [Abstract]	'	'
Carrying value, mortgage and notes payable	$4,014,414	$4,737,459
Carrying value, margins payable	20,735	59,681
Estimated fair value, mortgage and notes payable	4,043,214	4,748,276
Carrying Value Of Line Of Credit	325,180	200,180
Estimated Fair Value of Line of Credit	325,180	200,180
Estimated fair value, margins payable	$20,735	$59,681

Fair_Value_Measurements_Detail3

Fair Value Measurements (Details Textual) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'		'	'
Fair Value Inputs, Discount Rate	'		'		4.73%		'	'
Discounted cash flow method, term	'		'		'10 years		'	'
Provision for asset impairment	$68,106	[1]	$175,612	[2]	$77,945	[3]	$185,067	'
Provision for asset impairment for disposed properties	0		0		0		4,476	'
Weighted average interest rate	4.89%		'		4.89%		'	5.09%
Maximum [Member]	'		'		'		'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'		'	'
Investment properties, capitalization rates	'		'		9.00%		7.75%	'
Investment properties, discount rates	'		'		9.25%		8.50%	'
Minimum [Member]	'		'		'		'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'		'	'
Investment properties, capitalization rates	'		'		6.00%		6.25%	'
Investment properties, discount rates	'		'		6.75%		7.00%	'
Fair Value, Measurements, Nonrecurring [Member]	'		'		'		'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'		'	'
Provision for asset impairment	'		'		77,945		185,067	'
Unconsolidated Entities [Member]	'		'		'		'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'		'	'
Impairment Gain (Loss) on Investment Properties	'		0		'		'	'
Unconsolidated Entities [Member] | Fair Value, Measurements, Nonrecurring [Member]	'		'		'		'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'		'	'
Impairment	0		'		0		'	'
Impairment Gain (Loss) on Investment Properties	'		1,003		0		1,003	'
A-T-T St. Louis, St. Louis, Missouri [Member]	'		'		'		'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'		'		'		'	'
Provision for asset impairment	'		$67,647		'		'	'
[1]	Total provision for asset impairment included $68,106 related to two non-core properties.
[2]	Total provision for asset impairment included $175,612 related to seven non-core properties.
[3]	Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]	'	'	'	'
Percentage of taxable income distributed to shareholders	'	'	90.00%	'
REIT qualification requirement, maximum percentage of total securities attributable to any one issuer	'	'	5.00%	'
Income tax expense	$2,446	$674	$4,666	$2,704

Segment_Reporting_Details

Segment Reporting (Details) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013		Dec. 31, 2013
Summary of Net Property Operations Income by Segment	'		'		'		'		'
Rental income	$94,020		$90,695		$190,290		$186,316		'
Straight line adjustment	327		1,578		2,100		2,763		'
Tenant recovery income	16,986		17,771		35,341		36,790		'
Other property income	2,810		1,516		4,946		3,387		'
Lodging income	314,294		220,091		588,639		404,690		'
Total income	428,437		331,651		821,316		633,946		'
Operating expenses	241,618		178,364		469,088		343,288		'
Net operating income	186,819		153,287		352,228		290,658		'
Non allocated expenses	-106,526	[1]	-101,114	[1]	-212,749	[1]	-202,172	[1]	'
Other income and expenses	-24,973	[2]	-24,535	[2]	-74,406	[2]	-74,763	[2]	'
Equity in loss of unconsolidated entities	1,972	[3]	8,317	[3]	6,932	[3]	7,476	[3]	'
Provision for asset impairment	-68,106	[4]	-175,612	[5]	-77,945	[6]	-185,067		'
Net loss from continuing operations	-10,814		-139,657		-5,940		-163,868		'
Net income from discontinued operations	20,311		106,901		145,919		135,606		'
Less: net income attributable to noncontrolling interests	-8		0		-8		-8		'
Net income attributable to Company	9,489		-32,756		139,971		-28,270		'
Total assets	8,545,639		'		8,545,639		'		9,662,464
Real Estate Assets, Net	7,129,478	[7]	'		7,129,478	[7]	'		'
Non-Segmented Assets	1,416,161	[8]	'		1,416,161	[8]	'		'
Capital Expenditures	'		'		23,507		'		'
Retail [Member]	'		'		'		'		'
Summary of Net Property Operations Income by Segment	'		'		'		'		'
Rental income	50,862		53,167		102,408		111,797		'
Straight line adjustment	1,012		1,769		2,252		3,342		'
Tenant recovery income	15,005		16,334		31,370		33,692		'
Other property income	1,705		712		2,803		1,926		'
Total income	68,584		71,982		138,833		150,757		'
Operating expenses	21,789		23,461		44,242		47,837		'
Net operating income	46,795		48,521		94,591		102,920		'
Provision for asset impairment	'		'		'		-9,456		'
Provision for asset impairment, properties affected	'		'		'		1		'
Real Estate Assets, Net	2,115,777		'		2,115,777		'		'
Capital Expenditures	'		'		8,548		'		'
Lodging [Member]	'		'		'		'		'
Summary of Net Property Operations Income by Segment	'		'		'		'		'
Rental income	0		0		0		0		'
Straight line adjustment	0		0		0		0		'
Tenant recovery income	0		0		0		0		'
Other property income	0		0		0		0		'
Lodging income	314,294		220,091		588,639		404,690		'
Total income	314,294		220,091		588,639		404,690		'
Operating expenses	207,936		145,479		401,561		276,982		'
Net operating income	106,358		74,612		187,078		127,708		'
Provision for asset impairment	'		'		-2,998		'		'
Provision for asset impairment, properties affected	'		'		1		'		'
Real Estate Assets, Net	3,598,774		'		3,598,774		'		'
Capital Expenditures	'		'		13,182		'		'
Student Housing [Member]	'		'		'		'		'
Summary of Net Property Operations Income by Segment	'		'		'		'		'
Rental income	17,069		11,722		34,309		23,338		'
Straight line adjustment	61		71		175		107		'
Tenant recovery income	137		139		266		233		'
Other property income	1,059		680		2,000		1,241		'
Total income	18,326		12,612		36,750		24,919		'
Operating expenses	7,495		5,027		14,073		9,777		'
Net operating income	10,831		7,585		22,677		15,142		'
Real Estate Assets, Net	628,339		'		628,339		'		'
Capital Expenditures	'		'		744		'		'
Non Core [Member]	'		'		'		'		'
Summary of Net Property Operations Income by Segment	'		'		'		'		'
Rental income	26,089		25,806		53,573		51,181		'
Straight line adjustment	-746		-262		-327		-686		'
Tenant recovery income	1,844		1,298		3,705		2,865		'
Other property income	46		124		143		220		'
Total income	27,233		26,966		57,094		53,580		'
Operating expenses	4,398		4,397		9,212		8,692		'
Net operating income	22,835		22,569		47,882		44,888		'
Provision for asset impairment	-68,106	[4]	-175,612		-74,947		-175,611		'
Provision for asset impairment, properties affected	2		7		4		7		'
Real Estate Assets, Net	786,588		'		786,588		'		'
Capital Expenditures	'		'		$1,033		'		'
[1]	Non allocated expenses consist of general and administrative expenses, business manager management fee and depreciation and amortization.
[2]	Other income and expenses consist of gains on sale of investment properties, interest and dividend income, interest expense, other income, realized gain on securities, net, and income tax expense.
[3]	Equity in earnings of unconsolidated entities includes the gain, (loss) and (impairment) of investment in unconsolidated entities.
[4]	Total provision for asset impairment included $68,106 related to two non-core properties.
[5]	Total provision for asset impairment included $175,612 related to seven non-core properties.
[6]	Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.
[7]	Real estate assets includes intangible assets, net of amortization.
[8]	Construction in progress is included as non-segmented assets.

Segment_Reporting_Details_Text

Segment Reporting (Details Textual) (USD $)	3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
	Properties				Property		Properties
					Properties
Number Of Disposed Assets	'		'		237		223
Disposal Group, Including Discontinued Operations, Agreed Number of Properties To Be Sold In Future Periods	280		'		280		'
Segment Reporting (Textual) [Abstract]	'		'		'		'
Provision for asset impairment	$68,106	[1]	$175,612	[2]	77,945	[3]	$185,067
AT&T, Inc. [Member]	'		'		'		'
Segment Reporting (Textual) [Abstract]	'		'		'		'
Percentage of rental revenue	'		'		14.00%		'
Number of leased properties	'		'		3		'
Retail [Member]	'		'		'		'
Segment Reporting (Textual) [Abstract]	'		'		'		'
Provision for asset impairment	'		'		'		9,456
Provision for asset impairment, properties affected	'		'		'		1
Lodging [Member]	'		'		'		'
Segment Reporting (Textual) [Abstract]	'		'		'		'
Provision for asset impairment	'		'		2,998		'
Provision for asset impairment, properties affected	'		'		1		'
Non Core [Member]	'		'		'		'
Segment Reporting (Textual) [Abstract]	'		'		'		'
Provision for asset impairment	$68,106	[1]	$175,612		74,947		$175,611
Provision for asset impairment, properties affected	2		7		4		7
[1]	Total provision for asset impairment included $68,106 related to two non-core properties.
[2]	Total provision for asset impairment included $175,612 related to seven non-core properties.
[3]	Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.

Earnings_loss_per_Share_Detail

Earnings (loss) per Share (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings (Loss) Per Share (Textual) [Abstract]	'	'	'	'
Basic and diluted weighted average number of common shares outstanding	876,951,378	897,233,931	894,674,445	894,679,702

Earnings_loss_per_Share_Equity

Earnings (loss) per Share Equity Transactions (Details) (Tender Offer Event, Shares [Member], USD $)	0 Months Ended	6 Months Ended
	Apr. 26, 2014	Jun. 30, 2014	Apr. 25, 2014
Tender Offer Event, Shares [Member]	'	'	'
Tender Offer Event [Line Items]	'	'	'
Tender Offer Purchase Price	$350,000,000	$394,900,000	'
Tender Offer Expiration Date	25-Apr-14	'	'
Maximum Tender Offer Percentage Increase	2.00%	'	'
Stock Repurchased During Period, Shares	60,665,233	60,761,166	'
Ratio of shares repurchased to shares outstanding	'	'	6.61%
Share Price	'	'	$6.50
Tender Offer Purchase Price, excluding fees and expenses	$394,300	'	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details Textual) (USD $)	Jun. 30, 2014
In Thousands, unless otherwise specified
Loss Contingencies [Line Items]	'
Fund reserves	$85,261

Assets_and_Liabilities_Held_fo1

Assets and Liabilities Held for Sale (Details) (USD $)	0 Months Ended		3 Months Ended				6 Months Ended
In Thousands, unless otherwise specified	8-May-14	Aug. 09, 2013	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013	Aug. 08, 2013
		Property	Properties				Properties
Long Lived Assets Held-for-sale [Line Items]	'	'	'		'		'		'	'
Discontinued Operation, Gross Disposition Price	'	'	'		'		$1,359,600		$720,843	'
Sales agreement, number of properties to be excluded from sale	'	13	'		'		'		'	'
Value of excluded properties in sales agreement	'	'	'		'		'		'	180,100
Sales agreement, number of properties to be sold in future periods	'	'	280		'		280		'	'
Disposal Date	8-May-14	'	'		'		'		'	'
Asset Impairment Charges	'	'	68,106	[1]	175,612	[2]	77,945	[3]	185,067	'
Purchase Agreement [Member]	'	'	'		'		'		'	'
Long Lived Assets Held-for-sale [Line Items]	'	'	'		'		'		'	'
Sales agreement, number of properties to be sold	'	'	'		'		'		'	294
Consideration received	'	'	'		'		'		'	2,300,000
A-T-T St. Louis, St. Louis, Missouri [Member]	'	'	'		'		'		'	'
Long Lived Assets Held-for-sale [Line Items]	'	'	'		'		'		'	'
Discontinued Operation, Gross Disposition Price	228,400	'	'		'		'		'	'
Escrow Deposits Related to Property Sales	10,000	'	'		'		'		'	'
Asset Impairment Charges	'	'	'		67,647		'		'	'
Non Core [Member]	'	'	'		'		'		'	'
Long Lived Assets Held-for-sale [Line Items]	'	'	'		'		'		'	'
Asset Impairment Charges	'	'	$68,106	[1]	$175,612		$74,947		$175,611	'
[1]	Total provision for asset impairment included $68,106 related to two non-core properties.
[2]	Total provision for asset impairment included $175,612 related to seven non-core properties.
[3]	Total provision for asset impairment included $2,998 related to one lodging property and $74,947 related to four non-core properties.

Subsequent_Events_Details_Text

Subsequent Events (Details Textual)	0 Months Ended
	Aug. 12, 2014
XeniaHotelsandResorts [Member]	'
Subsequent Event [Line Items]	'
Preliminary Registration Statement	11-Aug-14
Suspension of Distribution Reinvestment Program [Member]	'
Subsequent Event [Line Items]	'
Distribution Reinvestment Plan	12-Aug-14