Behringer Harvard Opportunity REIT I (BHOR) 10-K 18 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Feb. 28, 2015	Jun. 30, 2014
Document and Entity Information
Entity Registrant Name	Behringer Harvard Opportunity REIT I, Inc.
Entity Central Index Key	1308711
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$0
Entity Common Stock, Shares Outstanding		56,500,472
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
Real estate
Land and improvements, net	$67,204,000	$71,244,000
Buildings and improvements, net	147,801,000	163,731,000
Real estate under development	14,295,000	905,000
Total real estate	229,300,000	235,880,000
Condominium inventory	2,967,000	2,967,000
Cash and cash equivalents	35,015,000	36,796,000
Restricted cash	8,120,000	4,890,000
Accounts receivable, net	7,971,000	7,237,000
Prepaid expenses and other assets	1,659,000	1,553,000
Investments in unconsolidated joint ventures	15,948,000	18,495,000
Furniture, fixtures and equipment, net	2,474,000	2,430,000
Deferred financing fees, net	1,909,000	1,383,000
Lease intangibles, net	4,328,000	5,093,000
Other intangibles, net	4,801,000	5,396,000
Total assets	314,492,000	322,120,000
Liabilities and Equity
Notes payable	153,556,000	138,085,000
Accounts payable	1,927,000	927,000
Payables to related parties	1,122,000	771,000
Acquired below-market leases, net	1,084,000	1,437,000
Accrued and other liabilities	22,765,000	21,530,000
Total liabilities	180,454,000	162,750,000
Commitments and contingencies	0	0
Behringer Harvard Opportunity REIT I, Inc. Equity:
Preferred stock, $.0001 par value per share; 50,000,000 shares authorized, none outstanding	0	0
Convertible stock, $.0001 par value per share; 1,000 shares authorized, 1,000 shares issued and outstanding	0	0
Common stock, $.0001 par value per share; 350,000,000 shares authorized, and 56,500,472 shares issued and outstanding at December 31, 2013 and 2012	6,000	6,000
Additional paid-in capital	507,303,000	505,167,000
Accumulated distributions and net loss	-372,071,000	-348,541,000
Accumulated other comprehensive loss	-1,817,000	366,000
Total Behringer Harvard Opportunity REIT I, Inc. equity	133,421,000	156,998,000
Noncontrolling interest	617,000	2,372,000
Total equity	134,038,000	159,370,000
Total liabilities and equity	$314,492,000	$322,120,000

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares outstanding	0	0
Convertible stock, par value (in dollars per share)	$0.00	$0.00
Convertible stock, shares authorized	1,000	1,000
Convertible stock, shares issued	1,000	1,000
Convertible stock, shares outstanding	1,000	1,000
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	350,000,000	350,000,000
Common stock, shares issued	56,500,472	56,500,472
Common stock, shares outstanding	56,500,472	56,500,472

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Loss (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues
Rental revenue	$20,246	$21,009	$27,054
Hotel revenue	35,241	30,655	4,705
Condominium sales	0	3,404	10,245
Total revenues	55,487	55,068	42,004
Expenses
Property operating expenses	8,202	11,127	11,009
Hotel operating expenses	26,253	23,091	4,807
Bad debt expense	-137	1,754	524
Cost of condominium sales	0	3,412	10,237
Condominium inventory impairment	0	264	12,161
Interest expense	10,005	9,780	10,570
Real estate taxes	4,075	4,100	3,608
Impairment charge	9,371	363	7,290
Provision for loan losses	0	0	12,249
Property management fees	1,842	1,745	1,022
Asset management fees	2,263	2,290	2,874
General and administrative	5,964	5,657	6,396
Depreciation and amortization	12,701	13,037	13,109
Total expenses	80,539	76,620	95,856
Interest income	47	54	57
Other income, net	759	-24	625
Loss on debt extinguishment	-246	0	-151
Loss from continuing operations before income taxes and equity in losses of unconsolidated joint ventures	-24,492	-21,522	-53,321
Reorganization items, net	0	-171	-1,802
Provision for income taxes	-98	-58	-225
Equity in losses of unconsolidated joint ventures	170	-1,694	-6,938
Loss from continuing operations	-24,420	-23,445	-62,286
Gain (Loss) from discontinued operations	0	3,985	5,728
Gains (Losses) on Sales of Investment Real Estate	476	86	0
Net loss	-23,944	-19,374	-56,558
Add: Net loss attributable to the noncontrolling interest
Continuing operations	414	578	3,333
Discontinued operations	0	-1,460	449
Net loss attributable to common shareholders	-23,530	-20,256	-52,776
Weighted average shares outstanding:
Basic and diluted (in shares)	56,500	56,500	56,500
Basic and diluted:
Continuing operations (in dollars per share)	($0.42)	($0.40)	($1.04)
Discontinued operations (in dollars per share)	$0	$0.04	$0.11
Basic and diluted loss per share (in dollars per share)	($0.42)	($0.36)	($0.93)
Amounts attributable to common shareholders:
Continuing operations	-23,530	-22,781	-58,953
Discontinued operations	0	2,525	6,177
Net loss attributable to common shareholders	-23,530	-20,256	-52,776
Comprehensive loss:
Net loss	-23,944	-19,374	-56,558
Other comprehensive loss:
Foreign currency translation gain (loss)	-2,265	1,413	156
Unrealized loss on interest rate derivatives	0	0	13
Reclassifications to net income:
Unrealized foreign currency translation loss	0	3,624	0
Unrealized loss on interest rate derivatives	86	90	0
Total other comprehensive income (loss)	-2,179	5,127	169
Comprehensive loss	-26,123	-14,247	-56,389
Comprehensive loss attributable to noncontrolling interest	414	-979	3,843
Comprehensive loss attributable to common shareholders	($25,709)	($15,226)	($52,546)

Consolidated_Statements_of_Equ

Consolidated Statements of Equity (USD $)	Total	Convertible Stock	Common Stock	Additional Paid-In Capital	Accumulated Distributions and Net Loss	Accumulated Other Comprehensive Income (Loss)	Noncontrolling Interest
In Thousands, except Share data, unless otherwise specified	USD ($)		USD ($)	USD ($)	USD ($)	USD ($)	USD ($)
Balance at Dec. 31, 2011	$229,943		$6	$502,743	($275,509)	($4,890)	$7,593
Balance (in shares) at Dec. 31, 2011		1,000	56,500,472
Increase (Decrease) in Stockholders' Equity
Net loss	-56,558				-52,776		-3,782
Contributions from noncontrolling interest	38						38
Transfer of non-controlling interest	-2,424			2,424			-2,424
Other comprehensive income:
Foreign currency translation gain (loss)	156					217	-61
Reclassification of unrealized foreign currency translation loss to net income	0
Reclassification of unrealized loss on interest rate derivatives to net income	0
Unrealized gains (losses) on interest rate derivatives	13					13	0
Balance at Dec. 31, 2012	173,592		6	505,167	-328,285	-4,660	1,364
Balance (in shares) at Dec. 31, 2012		1,000	56,500,472
Increase (Decrease) in Stockholders' Equity
Net loss	-19,374				-20,256		882
Contributions from noncontrolling interest	25						25
Transfer of non-controlling interest	0
Other comprehensive income:
Foreign currency translation gain (loss)	1,413					1,316	97
Reclassification of unrealized foreign currency translation loss to net income	3,624					3,624
Reclassification of unrealized loss on interest rate derivatives to net income	90					86	4
Unrealized gains (losses) on interest rate derivatives	0
Balance at Dec. 31, 2013	159,370		6	505,167	-348,541	366	2,372
Balance (in shares) at Dec. 31, 2013		1,000	56,500,472
Increase (Decrease) in Stockholders' Equity
Net loss	-23,944				-23,530		-414
Contributions from noncontrolling interest	791						791
Transfer of non-controlling interest	-2,136			2,136			-2,136
Other comprehensive income:
Foreign currency translation gain (loss)	-2,265					-2,265	0
Reclassification of unrealized foreign currency translation loss to net income	0
Reclassification of unrealized loss on interest rate derivatives to net income	86					82	4
Unrealized gains (losses) on interest rate derivatives	0
Balance at Dec. 31, 2014	$134,038		$6	$507,303	($372,071)	($1,817)	$617
Balance (in shares) at Dec. 31, 2014		1,000	56,500,472

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net loss	($23,944)	($19,374)	($56,558)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	12,379	12,858	15,649
Amortization of deferred financing fees	1,261	785	1,457
Gain on insurance proceeds	0	0	38
Loss (Gain) on troubled debt restructuring	0	-8,132	0
Loss on early extinguishment of debt	246	0	1,530
Gain on sale of real estate	-476	-86	-11,997
Foreign currency translation loss	0	3,624	0
Impairment charge	9,371	932	20,714
Provision for loan losses	0	0	12,249
Bad debt expense	-137	1,643	721
Equity in losses of unconsolidated joint ventures	170	-1,694	-6,938
Loss on derivatives	86	90	0
Change in operating assets and liabilities:
Accounts receivable	-597	-107	-1,925
Condominium inventory	0	3,232	9,762
Prepaid expenses and other assets	-27	1,489	-463
Accounts payable	205	-1,514	578
Accrued and other liabilities	170	722	3,132
Payables to related parties	351	-626	-2,704
Lease intangibles	-493	-1,024	-2,146
Cash provided by (used in) operating activities	-1,775	-3,794	-3,101
Cash flows from investing activities:
Insurance proceeds	0	0	64
Proceeds from sale of real estate	1,743	30,563	122,969
Proceeds from sale of unconsolidated joint venture	0	0	12,384
Capital expenditures for real estate under development	0	0	-3,354
Additions of property and equipment	-13,337	-3,870	-3,045
Change in restricted cash	-3,230	866	2,770
Cash assumed from conversion of mezzanine loan to equity	0	0	11
Net assets consolidated from hotel operations	0	143	0
Investment in notes receivable	0	0	-2,024
Distributions from unconsolidated joint venture	452	0	0
Cash provided by (used in) investing activities	-14,372	27,702	129,775
Cash flows from financing activities:
Financing costs	-1,475	0	-1,865
Premium paid on extinguishments of debt	-590	0	-982
Proceeds from notes payable	63,465	3,346	50,917
Payments on related parties note payable	0	-1,500	0
Payments on notes payable	-47,825	-23,800	-116,013
Net borrowings (repayments) on senior secured revolving	0	0	-37,463
Contributions from noncontrolling interest holders	791	25	38
Cash used in financing activities	14,366	-21,929	-105,368
Effect of exchange rate changes on cash and cash equivalents	0	-8	16
Net change in cash and cash equivalents	-1,781	1,971	21,322
Cash and cash equivalents at beginning of the year	36,796	34,825	13,503
Cash and cash equivalents at end of the year	$35,015	$36,796	$34,825

Business_and_Organization

Business and Organization	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Organization	Business
	Behringer Harvard Opportunity REIT I, Inc. (which may be referred to as the "Company," "we," "us," or "our") was incorporated in November 2004 as a Maryland corporation and has elected to be taxed, and currently qualifies, as a real estate investment trust ("REIT") for federal income tax purposes.
	We operate commercial real estate and real estate-related assets located in and outside the United States. With our opportunistic and value-add investment strategy, we have focused generally on acquiring properties with significant possibilities for capital appreciation, such as those requiring development, redevelopment, or repositioning, or those located in markets and submarkets with higher volatility, lower barriers to entry, and high growth potential. We have acquired a wide variety of properties, including office, retail, hospitality, recreation and leisure, multifamily, industrial, and other properties. We have purchased existing and newly constructed properties and properties under development or construction. As of December 31, 2014, we wholly owned four properties and consolidated three properties through investments in joint ventures on our consolidated balance sheet. We are the mezzanine lender for one multifamily property. In addition, we have a noncontrolling, unconsolidated ownership interest in a joint venture consisting of 21 properties that is accounted for using the equity method. Substantially all of our business is conducted through Behringer Harvard Opportunity OP I, LP, a Texas limited partnership organized in November 2004 ("Behringer Harvard OP I"), or its subsidiaries. Our wholly owned subsidiary, BHO, Inc., a Delaware corporation, owns less than a 0.1% interest in Behringer Harvard OP I as its sole general partner. The remaining interest of Behringer Harvard OP I is held as a limited partnership interest by our wholly owned subsidiary, BHO Business Trust, a Maryland business trust. We have entered our disposition phase and are currently considering liquidity options for our stockholders. Therefore, we are not actively seeking to purchase additional properties. We will seek stockholder approval prior to liquidating our entire portfolio. Our investment properties are located in Colorado, Missouri, Nevada, Texas, The Commonwealth of The Bahamas, the Czech Republic, Poland, Hungary, and Slovakia.
	We are externally managed and advised by Behringer Harvard Opportunity Advisors I, LLC, ("Behringer Harvard Opportunity Advisors I" or the "Advisor"), a Texas limited liability company. Behringer Harvard Opportunity Advisors I is responsible for managing our day-to-day affairs and for identifying and making acquisitions, dispositions, and investments on our behalf.
	Presentation of Financial Statements and Going Concern
	Our financial statements are presented on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business as we proceed through our disposition phase. As is usual for opportunity-style real estate investment programs, we are structured as a finite life entity, and have entered the final phase of operations. This phase includes the selling of our assets, retiring our liabilities, and distributing net proceeds to stockholders. We have experienced significant losses and may generate negative cash flows as mortgage note obligations and expenses exceed revenues. If we are unable to sell a property when we determine to do so, it could have a significant adverse effect on our cash flows that are necessary to meet our mortgage obligations and our ability to satisfy our other liabilities in the normal course of business.
	Our ability to continue as a going concern is dependent upon our ability to sell real estate investments, to pay down debt as it matures if extensions or new financings are unavailable, and our ability to fund ongoing costs of our Company, including our development and operating properties.

Summary_of_Significant_Account

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Summary of Significant Accounting Policies

Use of Estimates in the Preparation of Financial Statements

The preparation of these financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We evaluate these estimates, including investment impairment, on a regular basis. These estimates will be based on management's historical industry experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

Principles of Consolidation and Basis of Presentation

Our consolidated financial statements include our accounts and the accounts of other subsidiaries over which we have control. All inter-company transactions, balances, and profits have been eliminated in consolidation. Interests in entities acquired will be evaluated based on applicable GAAP, which includes the requirement to consolidate entities deemed to be variable interest entities ("VIE") in which we are the primary beneficiary. If the interest in the entity is determined not to be a VIE, then the entity will be evaluated for consolidation based on legal form, economic substance, and the extent to which we have control and/or substantive participating rights under the respective ownership agreement.

There are judgments and estimates involved in determining if an entity in which we have made an investment is a VIE and, if so, whether we are the primary beneficiary. The entity is evaluated to determine if it is a VIE by, among other things, calculating the percentage of equity being risked compared to the total equity of the entity. Determining expected future losses involves assumptions of various possibilities of the results of future operations of the entity, assigning a probability to each possibility and using a discount rate to determine the net present value of those future losses. A change in the judgments, assumptions, and estimates outlined above could result in consolidating an entity that should not be consolidated or accounting for an investment using the equity method that should in fact be consolidated, the effects of which could be material to our financial statements.

In the Notes to Consolidated Financial Statements, all dollar and share amounts in tabulation are in thousands of dollars and shares, respectively, unless otherwise noted.

Real Estate

Upon the acquisition of real estate properties, we recognize the assets acquired, the liabilities assumed, and any noncontrolling interest as of the acquisition date, measured at their fair values. The acquisition date is the date on which we obtain control of the real estate property. The assets acquired and liabilities assumed may consist of land, inclusive of associated rights, buildings, assumed debt, identified intangible assets and liabilities and asset retirement obligations. Identified intangible assets generally consist of above-market leases, in-place leases, in-place tenant improvements, in-place leasing commissions and tenant relationships. Identified intangible liabilities generally consist of below-market leases. Goodwill is recognized as of the acquisition date and measured as the aggregate fair value of the consideration transferred and any noncontrolling interests in the acquiree over the fair value of the identifiable net assets acquired. Likewise, a bargain purchase gain is recognized in current earnings when the aggregate fair value of the consideration transferred and any noncontrolling interests in the acquiree is less than the fair value of the identifiable net assets acquired. Acquisition-related costs are expensed in the period incurred.

The fair value of the tangible assets acquired, consisting of land and buildings, is determined by valuing the property as if it were vacant, and the "as-if-vacant" value is then allocated to land and buildings. Land values are derived from appraisals, and building values are calculated as replacement cost less depreciation or management's estimates of the fair value of these assets using discounted cash flow analyses or similar methods believed to be used by market participants. The value of hotels and all other buildings is depreciated over the estimated useful lives of 39 years and 25 years, respectively, using the straight-line method.

We determine the fair value of assumed debt by calculating the net present value of the scheduled mortgage payments using interest rates for debt with similar terms and remaining maturities that management believes we could obtain at the date of the debt assumption. Any difference between the fair value and stated value of the assumed debt is recorded as a discount or premium and amortized over the remaining life of the loan using the effective interest method.

We determine the value of above-market and below-market leases for acquired properties based on the present value (using an interest rate that reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) management's estimate of current market lease rates for the corresponding in-place leases, measured over a period equal to (a) the remaining non-cancelable lease term for above-market leases, or (b) the remaining non-cancelable lease term plus any below-market fixed rate renewal options that, based on a qualitative assessment of several factors, including the financial condition of the lessee, the business conditions in the industry in which the lessee operates, the economic conditions in the area in which the property is located, and the ability of the lessee to sublease the property during the renewal term, are reasonably assured to be exercised by the lessee for below-market leases. We record the fair value of above-market and below-market leases as intangible assets or intangible liabilities, respectively, and amortize them as an adjustment to rental income over the determined lease term.

The total value of identified real estate intangible assets acquired is further allocated to in-place leases, in-place tenant improvements, in-place leasing commissions and tenant relationships based on our evaluation of the specific characteristics of each tenant's lease and our overall relationship with that respective tenant. The aggregate value for tenant improvements and leasing commissions is based on estimates of these costs incurred at inception of the acquired leases, amortized through the date of acquisition. The aggregate value of in-place leases acquired and tenant relationships is determined by applying a fair value model. The estimates of fair value of in-place leases include an estimate of carrying costs during the expected lease-up periods for the respective spaces considering current market conditions. In estimating the carrying costs that would have otherwise been incurred had the leases not been in place, we include such items as real estate taxes, insurance and other operating expenses as well as lost rental revenue during the expected lease-up period based on current market conditions. The estimates of the fair value of tenant relationships also include costs to execute similar leases, including leasing commissions, legal fees and tenant improvements as well as an estimate of the likelihood of renewal as determined by management on a tenant-by-tenant basis.

We amortize the value of in-place leases, in-place tenant improvements and in-place leasing commissions to expense over the initial term of the respective leases. The tenant relationship values are amortized to expense over the initial term and any anticipated renewal periods, but in no event does the amortization period for intangible assets or liabilities exceed the remaining depreciable life of the building. Should a tenant terminate its lease, the unamortized portion of the acquired lease intangibles related to that tenant would be charged to expense. As of December 31, 2014, the estimated remaining average useful lives for acquired lease intangibles range from less than one year to approximately 8 years.

Other intangible assets include the value of identified hotel trade names and in-place property tax abatements. These fair values are based on management's estimates of the relative fair value of these assets using discounted cash flow analyses or similar methods. The value of the trade names is amortized over its respective estimated useful life of 20 years using the straight-line method and the value of the in-place property tax abatement is amortized over its estimated term of ten years using the straight-line method.

Anticipated amortization expense associated with the acquired lease intangibles for each of the following five years ended December 31 is as follows (in thousands):

Lease

Intangibles

2015

$

312

2016

300

2017

300

2018

127

2019

41

Accumulated depreciation and amortization related to our consolidated investments in real estate assets and intangibles were as follows (in thousands):

31-Dec-14

Buildings and

Land and

Lease

Acquired

Other

Improvements

Improvements

Intangibles

Below-Market

Intangibles

Leases

Cost

$

195,348

$

68,915

$

11,329

$

(3,312

)

$

9,626

Less: depreciation and amortization

(47,547

)

(1,711

)

(7,001

)

2,228

(4,825

)

Net

$

147,801

$

67,204

$

4,328

$

(1,084

)

$

4,801

December 31, 2013

Buildings and

Land and

Lease

Acquired

Other

Improvements

Improvements

Intangibles

Below-Market

Intangibles

Leases

Cost

$

210,980

$

72,646

$

11,022

$

(3,578

)

$

9,626

Less: depreciation and amortization

(47,249

)

(1,402

)

(5,929

)

2,141

(4,230

)

Net

$

163,731

$

71,244

$

5,093

$

(1,437

)

$

5,396

Condominium Inventory

Condominium inventory is stated at the lower of cost or fair market value. In addition to land acquisition costs, land development costs, and construction costs, costs include interest and real estate taxes, which are capitalized during the period beginning with the commencement of development and ending with the completion of construction.

For condominium inventory, at each reporting date, management compares the estimated fair value less costs to sell to the carrying value. An adjustment is recorded to the extent that the fair value less costs to sell is less than the carrying value. We determine the estimated fair value of condominiums based on comparable sales in the normal course of business under existing and anticipated market conditions. This evaluation takes into consideration estimated future selling prices, costs incurred to date, estimated additional future costs, and management's plans for the property. We currently have one remaining condominium unit in inventory at Chase—The Private Residences.

Real Estate Held for Sale

We classify properties as held for sale when certain criteria are met, in accordance with GAAP. At that time, we present the assets and obligations of the property held for sale separately in our consolidated balance sheet and we cease recording depreciation and amortization expense related to that property. Properties held for sale are reported at the lower of their carrying amount or their estimated fair value, less estimated costs to sell. We had no properties classified as held for sale at December 31, 2014 and 2013.

Cash and Cash Equivalents

We consider investments in highly-liquid money market funds or investments with original maturities of three months or less to be cash equivalents.

Restricted Cash

As required by our lenders, restricted cash is held in escrow accounts for real estate taxes and other reserves for our consolidated properties. Capital reserves are typically utilized for non-operating expenses such as tenant improvements, leasing commissions and major capital expenditures. Alternatively, a lender may require its own formula for an escrow of capital reserves.

Accounts Receivable

Accounts receivable primarily consist of straight-line rental revenue receivables of $5.9 million and $6.2 million as of December 31, 2014 and 2013, respectively, and receivables from our hotel operators and tenants related to our other consolidated properties of $2.3 million and $3.4 million as of the years ended December 31, 2014 and 2013, respectively. The allowance for doubtful accounts was $0.2 million and $2.4 million as of December 31, 2014 and 2013, respectively.

Prepaid Expenses and Other Assets

Prepaid expenses and other assets include prepaid directors' and officers' insurance, prepaid advertising, the fair value of certain derivative instruments, as well as inventory, prepaid insurance, and real estate taxes of our consolidated properties. Inventory consists of food, beverages, linens, glassware, china, and silverware and is carried at the lower of cost or market value.

Furniture, Fixtures, and Equipment

Furniture, fixtures, and equipment are recorded at cost and are depreciated using the straight-line method over their estimated useful lives of five to seven years. Maintenance and repairs are charged to operations as incurred while renewals or improvements to such assets are capitalized. Accumulated depreciation associated with our furniture, fixtures, and equipment was $15.5 million and $14.3 million as of December 31, 2014 and December 31, 2013, respectively.

Chapter 11 Filings—

Frisco Square Reorganization

Consolidation of Real Estate in Bankruptcy—On June 13, 2012, our special purpose entity Behringer Harvard Frisco Square, LP along with our indirect subsidiaries, BHFS I, LLC, BHFS II, LLC, BHFS III, LLC, BHFS IV, LLC and BHFS Theater, LLC (collectively, the "Frisco Debtors") filed Chapter 11 bankruptcy. We continued to consolidate the balance sheets and operations of the Frisco Debtors. On October 22, 2012, the Frisco Debtors filed a Reorganization Plan, which, after certain modifications and amendments, was confirmed on December 20, 2012, allowing the Frisco Debtors to emerge from bankruptcy. On January 2, 2013 the Bankruptcy Court issued an order declaring the Reorganization Plan effective.

Reorganization Expense—Reorganization items are expense or income items that were incurred or realized by the Frisco Debtors as a result of the 2012 restructuring and are presented separately in the consolidated statements of operations and comprehensive loss.

Investment Impairment

For all of our real estate and real estate related investments, we monitor events and changes in circumstances indicating that the carrying amounts of the real estate assets may not be recoverable. Examples of the types of events and circumstances that would cause management to assess our assets for potential impairment include, but are not limited to: a significant decrease in the market price of an asset; a significant change in the manner in which the asset is being used; an accumulation of costs in excess of the acquisition basis plus construction of the property; major vacancies and the resulting loss of revenues; natural disasters; a change in the projected holding period; legitimate purchase offers and changes in the global and local markets or economic conditions. Our assets may at times be concentrated in limited geographic locations and, to the extent that our portfolio is concentrated in limited geographic locations, downturns specifically related to such regions may result in tenants defaulting on their lease obligations at a portion of our properties within a short time period, which may result in asset impairments.

When such events or changes in circumstances are present, we assess potential impairment by comparing estimated future undiscounted operating cash flows expected to be generated over the life of the asset and from its eventual disposition to the carrying amount of the asset. These projected cash flows are prepared internally by the Advisor and reflect in-place and projected leasing activity, market revenue and expense growth rates, market capitalization rates, discount rates, and changes in economic and other relevant conditions. The Principal Executive Officer and Principal Financial Officer of the Company, as well as a panel of asset managers and financial analyst of the Advisor, review these projected cash flows to assure that the valuation is prepared using reasonable inputs and assumptions that are consistent with market data and with assumptions that would be used by a third-party market participant and assume the highest and best use of the investment. We consider trends, strategic decisions regarding future development plans, and other factors in our assessment of whether impairment conditions exist. In the event that the carrying amount exceeds the estimated future undiscounted operating cash flows, we recognize an impairment loss to adjust the carrying amount of the asset to estimated fair value. While we believe our estimates of future cash flows are reasonable, different assumptions regarding factors such as market rents, economic conditions, and occupancy rates could significantly affect these estimates.

We also evaluate our investments in notes receivable as of each reporting date. If we believe that it is probable we will not collect all principal and interest in accordance with the terms of the notes, we consider the loan impaired. When evaluating loans for potential impairment, we compare the carrying amount of the loans to the present value of future cash flows discounted at the loans effective interest rate, or, if a loan is collateral dependent, to the estimated fair value of the related collateral net of any senior loans. For impaired loans, a provision is made for loan losses to adjust the reserve for loan losses. The reserve for loan losses is a valuation allowance that reflects our current estimate of loan losses as of the balance sheet date. The reserve is adjusted through the provision for loan losses account on our consolidated statements of operations.

In evaluating our investments for impairment, management may use appraisals and make estimates and assumptions, including, but not limited to, the projected date of disposition of the properties, the estimated future cash flows of the properties during our ownership, planned development and the projected sales price of each of the properties. A future change in these estimates and assumptions could result in understating or overstating the book value of our investments, which could be material to our financial statements.

We also evaluate our investments in unconsolidated joint ventures at each reporting date. If we believe there is an other than temporary decline in market value, we will record an impairment charge based on these evaluations. We assess potential impairment by comparing our portion of estimated future undiscounted operating cash flows expected to be generated by the joint venture over the life of the joint venture's assets to the carrying amount of the joint venture. In the event that the carrying amount exceeds our portion of estimated future undiscounted operating cash flows, we recognize an impairment loss to adjust the carrying amount of the joint venture to its estimated fair value.

The value of our properties held for development depends on market conditions, including estimates of the project start date, as well as estimates of future demand for the property type under development. We have analyzed trends and other information related to each potential development and incorporated this information, as well as our current outlook, into the assumptions we use in our impairment analyses. Due to the judgment and assumptions applied in the estimation process with respect to impairments, including the fact that limited market information regarding the value of comparable land exists at this time, it is possible actual results could differ substantially from those estimated.

We believe the carrying value of our operating real estate assets, our properties under development, investments in unconsolidated joint ventures, and notes receivable is currently recoverable. However, if market conditions worsen beyond our current expectations, or if our assumptions regarding expected future cash flows from the use and eventual disposition of our assets decrease or our expected hold periods decrease, or if changes in our development strategy significantly affect any key assumptions used in our fair value calculations, we may need to take additional charges in future periods for impairments related to existing assets. Any such non-cash charges would have an adverse effect on our consolidated financial position and results of operations.

Deferred Financing Fees

Deferred financing fees are recorded at cost and are amortized to interest income for notes receivable and interest expense for notes payable using a straight-line method that approximates the effective interest method over the life of the related debt. Accumulated amortization of deferred financing fees was $1 million and $1.7 million as of December 31, 2014 and December 31, 2013, respectively.

Derivative Financial Instruments

Our objective in using derivatives is to add stability to interest expense and to manage our exposure to interest rate movements or other identified risks and to minimize the variability caused by foreign currency translation risk related to our net investment in foreign real estate. To accomplish these objectives, we use various types of derivative instruments to manage fluctuations in cash flows resulting from interest rate risk attributable to changes in the benchmark interest rate of London Interbank Offer Rate ("LIBOR"). These instruments include LIBOR-based interest rate swaps and caps. For our net investments in foreign real estate, we may use foreign exchange put/call options to eliminate the impact of foreign currency exchange movements on our financial position.

We measure our derivative instruments and hedging activities at fair value and record them as an asset or liability, depending on our rights or obligations under the applicable derivative contract. For derivatives designated as fair value hedges, the changes in the fair value of both the derivative instrument and the hedged items are recorded in earnings. Derivatives used to hedge the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. For derivatives designated as cash flow hedges, the effective portions of changes in fair value of the derivatives are reported in other comprehensive income (loss) and are subsequently reclassified into earnings when the hedged item affects earnings. For derivatives designated as net investment hedges, changes in fair value are reported in other comprehensive income (loss) as part of the foreign currency translation gain or loss. Changes in fair value of derivative instruments not designated as hedges and ineffective portions of hedges are recognized in earnings in the affected period. We assess the effectiveness of each hedging relationship by comparing the changes in fair value or cash flows of the derivative hedging instrument with the changes in fair value or cash flows of the designated hedged item or transaction.

As of December 31, 2014, we do not have any derivatives designated as fair value hedges, nor are derivatives being used for trading or speculative purposes.

Foreign Currency Translation

For our international investments where the functional currency is other than the U.S. dollar, assets and liabilities are translated using period-end exchange rates, while the statement of operations amounts are translated using the average exchange rates for the respective period. Differences arising from the translation of assets and liabilities in comparison with the translation of the previous periods or from initial recognition during the period are included as a separate component of accumulated other comprehensive income (loss).

The Euro is the functional currency for the operations of our Central Europe Joint Venture. We also maintain Euro-denominated bank accounts that are translated into U.S. dollars at the current exchange rate at each reporting period. The resulting translation adjustments are recorded as a separate component of accumulated other comprehensive income (loss) in our consolidated statements of equity. The foreign currency translation adjustments were a loss of $2.3 million for the year ended December 31, 2014 and gains of $1.4 million and $0.2 million for the years ended December 31, 2013 and 2012, respectively.

On April 5, 2013, we sold Becket House and the lender accepted the net sales proceeds of $19.8 million as full satisfaction of the outstanding debt of $27.7 million.  As a result, $8.1 million was recorded as a gain on troubled debt restructuring and is included in discontinued operations.  Additionally, due to the sale of Becket House, $3.6 million was reclassified from unrealized foreign currency translation loss to net loss and is included in discontinued operations.

Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) ("OCI"), which is reported in the accompanying consolidated statement of equity, consists of gains and losses affecting equity that are excluded from net income (loss) under GAAP. The components of OCI consist of foreign currency translation gains and losses and unrealized gains and losses on derivatives designated as hedges.

Revenue Recognition

We recognize rental income generated from leases on real estate assets on a straight-line basis over the terms of the respective leases, including the effect of rent holidays, if any. Straight-line rental revenue of $0.4 million, $0.7 million and $0.8 million was recognized in rental revenues for the years ended December 31, 2014, 2013, and 2012, respectively. Hotel revenue is derived from the operations of The Lodge & Spa at Cordillera and Chase Park Plaza Hotel and consists of guest room, food and beverage, and other revenue, and is recognized as the services are rendered.

Revenues from the sales of condominiums are recognized when sales are closed and title passes to the new owner, the new owner's initial and continuing investment is adequate to demonstrate a commitment to pay for the condominium, the new owner's receivable is not subject to future subordination, and we do not have a substantial continuing involvement with the new condominium. Amounts received prior to closing on sales of condominiums are recorded as deposits in our financial statements.

We recognize interest income from notes receivable on an accrual basis over the life of the loan using the interest method. Direct loan origination fees and origination or acquisition costs, as well as acquisition premiums or discounts, are amortized over the life of the loan as an adjustment to interest income. We will stop accruing interest on loans when there is concern as to the ultimate collection of principal or interest of the loan. In the event that we stop accruing interest on a loan, we will generally not recognize subsequent interest income until cash is received or we make the decision to restart interest accrual on the loan.

Income Taxes

We elected to be taxed, and qualified, as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), beginning with the year ended December 31, 2006. We are organized and operate in such a manner as to qualify for taxation as a REIT under the Code, and we intend to continue to operate in such a manner, but no assurance can be given that we will operate in a manner so as to qualify or remain qualified as a REIT. To qualify as a REIT, we must meet a number of organizational and operational requirements, including a requirement that we distribute at least 90% of our REIT taxable income to our stockholders. As a REIT, we generally will not be subject to federal income tax at the corporate level except for the operations of our wholly owned taxable REIT subsidiaries. Taxable income from non-REIT activities managed through a taxable REIT subsidiary ("TRS") is subject to applicable federal, state, and local income and margin taxes. We have no taxable income associated with a TRS. Our operating partnerships are flow-through entities and are not subject to federal income taxes at the entity level. We have two TRS that own and/or provide management and development services to certain of our investments in real estate and real estate under development.

We have reviewed our tax positions under GAAP guidance that clarifies the relevant criteria and approach for the recognition and measurement of uncertain tax positions. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition of a tax position taken, or expected to be taken, in a tax return. A tax position may only be recognized in the financial statements if it is more likely than not that the tax position will be sustained upon examination. We believe it is more likely than not that the tax positions taken relative to our status as a REIT will be sustained in any tax examination. We believe that it is more likely than not that the tax positions taken relative to the TRS will be sustained in any tax examination.

For the years ended December 31, 2014, 2013, and 2012, we recognized a current and deferred tax provision of $0.1 million, less than $0.1 million and $0.2 million, respectively, related to the Texas margin tax.

Taxable income differs from net income for financial reporting purposes principally because of differences in the timing of recognition of depreciation, rental revenue, compensation expense, impairment losses and gain from sales of property. As a result of these differences, the tax basis of our fixed assets exceeds the book value by $176.3 million at December 31, 2014 and $131.5 million at December 31, 2013.

Stock-Based Compensation

We have a stock-based incentive award plan for our directors and consultants and for employees, directors, and consultants of our affiliates. Awards are granted at the fair market value on the date of grant with fair value estimated using the Black-Scholes-Merton option valuation model, which incorporates assumptions surrounding volatility, dividend yield, the risk-free interest rate, expected life, and the exercise price as compared to the underlying stock price on the grant date. The tax benefits associated with these share-based payments are classified as financing activities in the consolidated statement of cash flows. For the years ended December 31, 2014, 2013, and 2012, we had no significant cost related to our incentive award plan.

Concentration of Credit Risk

At December 31, 2014 and 2013, we had cash and cash equivalents deposited in certain financial institutions in excess of federally insured levels. We have diversified our cash and cash equivalents between several banking institutions in an attempt to minimize exposure to any one of these entities. We regularly monitor the financial stability of these financial institutions and believe that we are not exposed to any significant credit risk in cash and cash equivalents or restricted cash.

Geographic Concentration

At any one time, a significant portion of our consolidated investments could be in one property class or concentrated in one or several geographic regions. For the year ended December 31, 2014, excluding mineral rights we received in 2014 of $0.1 million on a parcel of land we sold in 2013, 56%, 36% and 8% of our total revenues were derived from properties in Missouri, Texas and Colorado, respectively. Additionally, excluding mineral rights we received in 2014 of $0.1 million on a parcel of land we sold in 2013, 64%, 31% and 5% of our total revenues for the year ended December 31, 2014 were from our three asset types, hotel, office building and multifamily. To the extent that our portfolio is concentrated in limited geographic regions, types of assets, industries or business sectors, downturns relating generally to such region, type of asset, industry or business sector may result in defaults by our tenants within a short time period, which may reduce our net income and the value of our common stock and accordingly limit our ability to fund our operations.

Noncontrolling Interest

Noncontrolling interest represents the noncontrolling ownership interest's proportionate share of the equity in our consolidated real estate investments. Income and losses are allocated to noncontrolling interest holders based on their ownership percentage.

Reportable Segments

We have determined that we have one reportable segment, with activities related to the ownership, development and management of real estate assets. Our income producing properties generated 100% of our consolidated revenues for the years ended December 31, 2014, 2013 and 2012. Our chief operating decision maker evaluates operating performance on an individual property level. Therefore, our properties are aggregated into one reportable segment.

Earnings (loss) per Share

Earnings (loss) per share is calculated based on the weighted average number of shares outstanding during each period. As of each of the periods ended December 31, 2014, 2013, and 2012, we had options to purchase 75,000 shares of common stock outstanding at a weighted average exercise price of $7.50, respectively. These options are excluded from the calculation of earnings (loss) per share for the years ended December 31, 2014, 2013 and 2012 because the effect would be anti-dilutive.

Subsequent Events

We have evaluated subsequent events for recognition or disclosure in our consolidated financial statements.

New_Accounting_Pronouncements

New Accounting Pronouncements	12 Months Ended
	Dec. 31, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements
	In March 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-05 ("ASU 2013-05"), Foreign Currency Matters, Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity.  ASU 2013-05 specifies that a cumulative translation adjustment ("CTA") should be released into earnings when an entity ceases to have a controlling financial interest in a subsidiary or group of assets within a consolidated foreign entity and the sale or transfer results in the complete or substantially complete liquidation of the foreign entity. For sales of an equity method investment that is a foreign entity, a pro rata portion of CTA attributable to the investment would be recognized in earnings when the investment is sold. When an entity sells either a part or all of its investment in a consolidated foreign entity, CTA would be recognized in earnings only if the sale results in the parent no longer having a controlling financial interest in the foreign entity. ASU 2013-05 is effective for public companies for fiscal years, and interim periods within those years, beginning after December 15, 2013. For nonpublic entities, the amendments are effective for fiscal years beginning after December 15, 2014, and interim and annual periods thereafter. ASU 2013-05 should be applied prospectively to derecognition events occurring after the effective date. Early adoption is permitted. The Company will adopt ASU 2013-05 effective January 1, 2015. We are currently evaluating the impact of the adoption of ASU 2013-05 on our consolidated financial statements and notes therein.
	In April 2014, the FASB issued Accounting Standards Update No. 2014-08 (“ASU 2014-08”), Presentation of Financial Statements and Property, Plant, and Equipment (Topics 205 and 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.  The updated guidance revised the definition of a discontinued operation by limiting discontinued operations reporting to disposals of components of an entity that represent a strategic shift, or change in the entity's strategy, that has, or will have, a major effect on an entity’s operations and financial results. This guidance applies to a component of an entity or a group of components of an entity classified as held for sale or disposed of by sale or by means other than a sale, such as an abandonment. Examples of a strategic shift could include a disposal of all assets in a major geographical area, a major line of business, a major equity method investment, or other major parts of an entity. In addition, ASU 2014-08 requires expanded disclosures for discontinued operations so users of the financial statements will be provided with more information about the assets, liabilities, revenues and expenses of discontinued operations. ASU 2014-08 is effective prospectively for all disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted, but only for disposals that have not been reported in financial statements previously issued or available for issuance. The Company will adopt ASU 2014-08 commencing January 1, 2015. As a result of this adoption, the results of operations and gains on sales of real estate from January 1, 2015 forward which do not meet the criteria of a strategic shift that has or will have a major effect on our operations and financial results will be presented as continuing operations in our consolidated statements of operations. Any sales of real estate prior to January 1, 2015 which have been reported in discontinued operations in prior reporting periods will continue to be reported as discontinued operations. We believe future sales of our individual operating properties will no longer qualify as discontinued operations.
	In May 2014, the FASB issued an update (“ASU 2014-09”) to ASC Topic 606, Revenue from Contracts with Customers.  ASU 2014-09 outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most of the existing revenue recognition guidance.  ASU 2014-09 requires an entity to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services and also requires certain additional disclosures.  ASU 2014-09 is effective for interim and annual reporting periods in fiscal years that begin after December 15, 2016.  We are currently evaluating the impact of the adoption of ASU 2014-09 on our consolidated financial statements.
	In July 2014, the FASB issued an update ("ASU 2014-15"), Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. ASU 2014-15 requires management's assessment of a company's ability to continue as a going concern and provide related footnote disclosures when conditions give rise to substantial doubt about a company's ability to continue as a going concern within one year from the financial statement issuance date. ASU 2014-15 applies to all companies and is effective for the annual period ending after December 15, 2016, and all annual and interim periods thereafter. We are currently evaluating the impact of the adoption of ASU 2014-15 on our consolidated financial statements.
	In January 2015, the FASB issued ("ASU 2015-01"), Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. ASU 2015-01 eliminates the concept of an extraordinary item from U.S. GAAP. An entity is no longer required to (i) segregate an extraordinary item from the results of ordinary operations; (ii) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; and (iii) disclose income taxes and earnings per share data applicable to an extraordinary item. ASU 2015-01 does not affect disclosure guidance for events or transactions that are unusual in nature or infrequent in occurrence. ASU 2015-01 is effective for interim and annual reporting periods in fiscal years that begin after December 15, 2015, with early adoption permitted. We do not expect the adoption of ASU 2015-01 to impact our consolidated financial statements and notes therein.
	In February 2015, the FASB issued ("ASU No. 2015-02"), Amendments to the Consolidation Analysis, which improves targeted areas of the consolidation guidance and reduces the number of consolidation models. The amendments in ASU 2015-02 are effective for interim and annual reporting periods in fiscal years beginning after December 15, 2015, with early adoption permitted. The Company is currently evaluating the effect this guidance will have on its consolidated financial statements.

Assets_and_Liabilities_Measure

Assets and Liabilities Measured at Fair Value	12 Months Ended
	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Assets and Liabilities Measured at Fair Value	4. Assets and Liabilities Measured at Fair Value
	Fair value measurements are determined based on the assumptions that market participants would use in pricing the asset or liability. As a basis for considering market participant assumptions in fair value measurements, a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity's own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy) has been established.
	Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets and liabilities that we have the ability to access. Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as inputs that are observable for the asset or liability (other than quoted prices), such as interest rates, foreign exchange rates, and yield curves that are observable at commonly quoted intervals. Level 3 inputs are unobservable inputs for the asset or liability that are typically based on an entity's own assumptions, as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. Our assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability.
	Recurring Fair Value Measurements
	Historically, we have used interest rate caps to manage our interest rate risk. The valuation of these instruments was determined using widely accepted valuation techniques, including discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflected the contractual terms of the derivatives, including the period to maturity, and used observable market-based inputs, including interest rate curves, implied volatilities, and foreign currency exchange rates.
	We incorporated credit valuation adjustments to appropriately reflect both our own nonperformance risk and the respective counterparty's nonperformance risk in the fair value measurements. Although we determined that the majority of the inputs used to value our derivatives fell within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with our derivatives utilized Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by itself and its counterparties. However, as of December 31, 2013, we assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and have determined that the credit valuation adjustments were not significant to the overall valuation of our derivatives. As a result, we have determined that our derivative valuations in their entirety were classified in Level 2 of the fair value hierarchy.
	As of December 31, 2013, our derivatives had a fair value of zero. As of December 31, 2014 we had no derivatives.
	Nonrecurring Fair Value Measurements
	Due to a change in the estimated hold period of our Northborough Tower office building, we evaluated the asset for recoverability and as a result recorded a non-cash impairment of $9.4 million during the year ended December 31, 2014. This change was based on the commercial real estate market conditions in Houston, Texas, where our Northborough office building is located, which market conditions are not expected to recover within our estimated hold period.
	For the year ended December 31, 2013, we recorded the following non-cash impairment charges. During the fourth quarter, we recorded $0.3 million of impairment expense to reduce the carrying value of condominiums at Chase—The Private Residences to current market prices and an additional $0.2 million of impairment was recorded on a related intangible asset. We recorded $0.3 million in discontinued operations related to a reduction in the fair value of the Becket House leasehold interest based upon the final negotiated sales price.  On April 5, 2013, we sold Becket House.  In addition, we recorded non-cash impairment charges of $0.1 million in continuing operations related to 4950 S. Bowen Road land based upon the sale price. The sale was completed on October 22, 2013.
	The inputs used to calculate the fair value of these assets included bona fide purchase offers, or the expected sales price of an executed sales agreement and market comparables. The market comparable estimate is considered Level 3 under the fair value hierarchy described above.
	The following fair value hierarchy table presents information about our assets measured at fair value on a nonrecurring basis during the periods presented (in thousands):
	As of December 31, 2014		Level 1		Level 2			Level 3		Total Fair Value		Gain /
												(Loss)
	Assets
	Buildings and improvements, net		$	—	$	—		$	19,397	$	19,397	$	(9,371	)
	As of December 31, 2013		Level 1		Level 2			Level 3		Total Fair Value		Gain /
												(Loss)(1)
	Assets
	Land and improvements, net		$	—	$	1,523		$	—	$	1,523	$	(119	)
	Condominium inventory (finished units)		—		—			3,158		3,158		(264		)
	Other intangibles		—		—			—		—		(244		)
			$	—	$	1,523		$	3,158	$	4,681	$	(627	)
	______________________________________________________________________________
	-1	Excludes $0.3 million in impairment losses recorded in the first quarter of 2013 and included in discontinued operations for Becket House that was disposed of as of December 31, 2013.
	Quantitative Information about Level 3 Fair Value Measurements
	Description		Fair Value		Valuation		Unobservable Input	Range
			at December 31, 2014 (in 000s)		Techniques			(Weighted Average)
	Buildings and improvements, net		$	19,397	Discounted cash flow		Discount rate	9.75%
							Terminal capitalization rate	8.75%
							Market rent growth	0% - 3.00%
							Expense growth rate	0% - 3.00%
	________________________________
	-1	In the fourth quarter of 2014, we recorded an impairment of $9.4 million associated with our Northborough office building.
	Quantitative Information about Level 3 Fair Value Measurements
	Description		Fair Value		Valuation		Unobservable Input	Range (Weighted Average)
			at December 31, 2013 (in 000s)		Techniques
	Condominium inventory (finished units)(1)		$	3,158	Market comparable		Amount per condo unit due to limited market comparables	$455 to $607 per square feet
	________________________________
	-1	In the fourth quarter of 2013, we recorded an impairment of $0.3 million associated with units sold. We had one unit remaining in inventory when the impairment charge was recorded in 2013. This unit remains in our inventory with a carrying value at December 31, 2014 of $3 million.
	There were no transfers of assets or liabilities between the levels of the fair value hierarchy during the years ended December 31, 2014 or 2013.

Fair_Value_Measurement_of_Fina

Fair Value Measurement of Financial Instruments	12 Months Ended
	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Fair Value Measurement of Financial Instruments	Fair Value Measurement of Financial Instruments
	We determined the following disclosure of estimated fair values using available market information and appropriate valuation methodologies. Considerable judgment is necessary to interpret market data and develop the related estimates of fair value. Accordingly, the estimates presented are not necessarily indicative of the amounts that could be realized upon disposition of the financial instruments. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts.
	As of December 31, 2014 and 2013, management estimated that the carrying value of cash and cash equivalents, restricted cash, accounts receivable, accounts payable, accrued expenses, other liabilities, payables/receivables from related parties, and distributions payable were at amounts that reasonably approximated their fair value based on their highly liquid nature and/or short-term maturities, and the carrying value of notes receivable reasonably approximated fair value based on expected interest rates for notes to similar borrowers with similar terms and remaining maturities.
	The notes payable totaling $153.6 million as of December 31, 2014 and $138.1 million as of December 31, 2013, with balances, net of unamortized premium, of $153.4 million and $137.7 million, respectively, have a fair value of approximately $154.3 million and $135.8 million, respectively. The fair values are based upon interest rates for mortgages with similar terms and remaining maturities that management believes we could obtain. Interest rate swaps and caps are recorded at their respective fair values in prepaid expenses and other assets. The fair value of the notes payable is categorized as a Level 2 basis. The fair value is estimated using a discounted cash flow analysis valuation on the borrowing rates currently available for loans with similar terms and maturities. The fair value of the notes payable was determined by discounting the future contractual interest and principal payments by a market rate.
	The fair value estimates presented herein are based on information available to our management as of December 31, 2014 and 2013. Although our management is not aware of any factors that would significantly affect the estimated fair value amounts, such amounts have not been comprehensively revalued for purposes of these consolidated financial statements since those respective dates, and current estimates of fair value may differ significantly from the amounts presented herein.

Real_Estate_Investments

Real Estate Investments	12 Months Ended
	Dec. 31, 2014
Real Estate [Abstract]
Real Estate Investments	6. Real Estate Investments
	As of December 31, 2014, we wholly owned four properties and consolidated three properties through investments in joint ventures on our consolidated balance sheet. We are the mezzanine lender for one multifamily property. In addition, we have a noncontrolling, unconsolidated ownership interest in a joint venture consisting of 21 properties that is accounted for using the equity method. Capital contributions, distributions, and profits and losses of these properties are allocated in accordance with the terms of the applicable partnership agreement.
	The following table presents certain information about our consolidated properties as of December 31, 2014:
	Property Name	Location		Approximate			Description		Ownership		Year
				Rentable					Interest		Acquired
				Square Footage (Unaudited)
	Chase Park Plaza	St. Louis, Missouri		—			hotel and condominium development property		100%	-1	2006
	Las Colinas Commons	Irving, Texas		239,000			3-building office complex		100%		2006
	Frisco Square	Frisco, Texas		(2	)		mixed-use development		-2		2007
							(multifamily, retail, office, restaurant and land)
	Northpoint Central	Houston, Texas		180,000			9-story office building		100%		2007
	The Lodge & Spa at Cordillera	Edwards, Colorado		—			land, hotel and development property		94%		2007
	Northborough Tower	Houston, Texas		207,000			14-story office building		100%		2008
	Royal Island(3)	Commonwealth of Bahamas		—			land		87%		2012
	_____________________________________________________________________________
	-1	On August 5, 2014, we received the 5% interests of Chase Park Plaza Hotel and Chase — The Private Residences held by Kingsdell, L.P. and now own 100% of the entities.
	-2	Our Frisco Square mixed-use development consists of 101,000 square feet of office space, 71,000 square feet of retail, a 41,500 square foot movie theater, 114 multifamily units, approximately 27 acres of land which we own 100%, and a 3.4 acre multifamily project in development in which we own a 90% interest.
	-3	Our initial investment in Royal Island was made in May 2007. We consolidated Royal Island as of June 6, 2012 when we obtained all of the outstanding shares of Royal Island (Australia) Pty Limited. A third party indirectly owns 12.71% of Royal Island.
	During the year ended December 31, 2014, we evaluated our Northborough office building and recorded a non-cash impairment charge of $9.4 million based upon a shortened estimated hold period and as a result of commercial real estate market conditions in the Greenspoint submarket of Houston, Texas, a significant energy hub, where the Northborough Tower is located. The commercial real estate market conditions in Houston are not expected to recover within our estimated hold period.
	Hotel Operations
	On February 19, 2013, we: (a) terminated the Chase Park Plaza hotel operating lease which we had entered into in December 2006 with Kingsdell, L.P., a 5% limited partner in our Chase Park Plaza joint venture; (b) formed a wholly-owned entity to lease the hotel; (c) terminated CWE Hospitality Services, LLC as the hotel’s management company; and (d) engaged an unaffiliated third-party management company to manage the hotel.  As a result of the operational changes, effective February 19, 2013, we fully consolidate the operations of the hotel in our financial statements.
	The following table summarizes the amounts of identified assets and liabilities consolidated on February 19, 2013 (in thousands):
		Chase Park Plaza Hotel
	Cash	$	143
	Account receivable(1)	2,007
	Receivable from related party	36
	Prepaid expenses and other assets	463
	Total identifiable net assets	$	2,649
	Accounts payable	$	1,308
	Accrued and other liabilities	1,341
	Total identifiable net liabilities	$	2,649
	________________________________
	(1)	As of the date that the hotel lease was terminated, the payables related to the hotel’s operations exceeded the receivables and cash on hand.  Under the lease agreement, Kingsdell L.P., as lessee, is responsible for payment of negative working capital.  We have reserved $1.3 million related to the lease agreement as bad debt in the accompanying consolidated statements of operations related to receivables associated with estimated working capital shortfalls.
	Chase Park Plaza Hotel contributed a net loss of $0.7 million to our consolidated statements of operations for the period from February 19, 2013 through December 31, 2013.  The following unaudited pro forma summary presents financial information as if the hotel operations had been consolidated on January 1, 2012 (in thousands, except per share amounts):
			Unaudited Pro Forma for the Twelve Months Ended December 31,
			2013				2012
	Rental revenue		$	20,007			$	19,634
	Hotel revenue		33,313				30,497
	Property operating expenses		11,127				10,369
	Hotel operating expenses		25,331				22,788
	Bad debt expense(1)		498				1,256
	Net loss		(18,537		)		(56,784		)
	Net loss per share		$	(0.33	)		$	(1.01	)
	______________________________
	(1) 2012 bad debt expense of approximately $1.3 million related to receivables associated with estimated working capital shortfalls.
	These unaudited pro forma amounts have been calculated after applying our accounting policies and adjusting the results of Chase Park Plaza Hotel to reflect the elimination of the lease rental revenue and the consolidation of the hotel operations as if it had been applied from January 1, 2012.
	Real Estate Development
	The Ablon at Frisco Square
	On August 26, 2014, we contributed 3.4 acres of land held by our Frisco Square mixed-use project to The Ablon at Frisco Square, LLC (“Ablon Frisco Square Venture”), a special purpose entity in which we own a 90% limited partnership interest. The venture was formed to construct a 275-unit multifamily project. Construction on the development began on September 2, 2014. Total construction costs are expected to be approximately $42.1 million. Concurrently with the land contribution, we closed on a $26.3 million construction loan. See Note 9, Notes Payable, for additional information.
	Real Estate Asset Dispositions
	Frisco Square Land Sale
	On June 13, 2014, we sold 1.62 acres of land to an unrelated third party at our Frisco Square development for approximately $1.8 million and recorded a $0.5 million gain on sale of real estate. The gain on sale of real estate is included in continuing operations. The land will be used for a building and parking garage development (the "Gearbox" development). The City of Frisco holds a lien on all of the undeveloped Frisco land as security to provide parking under our development agreement.  We escrowed $0.6 million of the sales proceeds for the benefit of the City of Frisco as substitute security to obtain a lien release on the 1.62 acres. Concurrently, we contributed 1.66 acres of land to the unrelated third party for the development of the Gearbox garage that will meet a portion of an obligation to provide parking under our development agreement with the City of Frisco (see Note 12, Commitments and Contingencies).  As the public parking to be constructed is an amenity of the Frisco Square development, we allocated the cost basis of the contributed land to the remaining 34 undeveloped acres.
	Investment in Unconsolidated Joint Venture
	The following table presents certain information about our unconsolidated investment as of December 31, 2014 and 2013 (in thousands):
		Ownership Interest(1)			Carrying Value of Investment
	Property Name				December 31, 2014				December 31, 2013
	Central Europe Joint Venture	47.01	%		$	15,948			$	18,495
	Our investment in the unconsolidated joint venture as of December 31, 2014 and 2013 consisted of our proportionate share of the combined assets and liabilities of our investment property shown at 100% as follows (in thousands):
		December 31,				December 31,
		2014				2013
	Real estate assets, net	$	88,681			$	108,795
	Cash and cash equivalents	3,872				3,627
	Other assets	1,872				2,022
	Total assets	$	94,425			$	114,444
Notes payable	$	65,373			$	80,968
Other liabilities	3,239				3,139
Total liabilities	68,612				84,107
Equity	25,813				30,337
Total liabilities and equity	$	94,425			$	114,444
Our equity in earnings or losses from our investment is our proportionate share of the combined earnings or losses of our unconsolidated joint ventures for the years ended December 31, 2014, 2013, and 2012 shown at 100% as follows (in thousands):
	Year Ended December 31,
	2014				2013				2012
Revenue	$	10,696			$	11,259			$	12,117
Operating expenses:
Operating expenses	2,487				2,846				4,570
Property taxes	321				323				(123		)
Total operating expenses	2,808				3,169				4,447
Operating income	7,888				8,090				7,670
Non-operating expenses:
Depreciation and amortization	4,225				4,752				5,206
Impairment charges	—				5,913			-1	5,780			-1
Interest and other, net	3,743				1,029				15,235			-2
Gain on sale	(442		)		—				—
Total non-operating expenses	7,526				11,694				26,221
Net income (loss)	$	362			$	(3,604	)		$	(18,551	)
Equity in earnings (losses) of unconsolidated joint ventures(3)	$	170			$	(1,694	)		$	(6,938	)
_______________________________________________________________________________
-1	Our Central Europe Joint Venture recorded impairment charges of approximately $5.9 million and $5.8 million during the years ended December 31, 2013 and 2012, respectively.
-2	Year ending December 31, 2012 includes the activity related to Royal Island for the period prior to June 6, 2012 when we began consolidating the operations of Royal Island (a loss of $3.2 million), and the activity for Santa Clara 800 which was sold on May 4, 2012 (a loss of $0.1 million).
-3	Company's share of net income (loss).
On August 7, 2014 one of our Central Europe Joint Venture properties was sold for €3.6 million. For the year ended December 31, 2014, we recognized our portion of the net gain of €0.1 million (or $0.2 million) related to this sold asset as equity in earnings of unconsolidated joint ventures. The net proceeds to the joint venture, after the repayment of debt and closing costs, were approximately €1.3 million. The joint venture distributed €0.8 million of proceeds. Our portion was approximately €0.4 million. The remaining proceeds from the sale were retained for working capital and to pay down debt for other assets in the venture.
We evaluate our investment in unconsolidated joint venture at each reporting date. If we believe there is an other than temporary decline in market value, we will record an impairment charge based on these evaluations. We assess potential impairment by comparing our portion of estimated future undiscounted operating cash flows expected to be generated by the joint venture over the life of the joint venture's assets to the carrying amount of the joint venture. In the event that the carrying amount exceeds our portion of estimated future undiscounted operating cash flows, we recognize an impairment loss to adjust the carrying amount of the joint venture to its estimated fair value.
For the years ended December 31, 2013 and 2012, our Central Europe Joint Venture recorded impairment charges of $5.9 million and $5.8 million, respectively, to bring certain assets to their fair value. The Company's portion of the impairment was $2.8 million and $2.7 million, respectively, which was recorded in the Company's statement of operations through equity in losses of unconsolidated joint ventures line item. There were no impairment charges recorded for the year ended December 31, 2014.
Real Estate Held for Sale
We had one property classified as held for sale at December 31, 2012 and none at December 31, 2014 and 2013. See Note 17, Discontinued Operations and Real Estate Held for Sale for more details.

Variable_Interest_Entities

Variable Interest Entities	12 Months Ended
	Dec. 31, 2014
Variable Interest Entities
Variable Interest Entities	Variable Interest Entities
	GAAP requires the consolidation of variable interest entities ("VIEs") in which an enterprise has a controlling financial interest. A controlling financial interest will have both of the following characteristics: (a) the power to direct the activities of a VIE that most significantly impact the VIE's economic performance and (b) 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.
	Our variable interest in VIEs may be in the form of (1) equity ownership and/or (2) loans provided by us to a VIE or other partner. We examine specific criteria and use judgment when determining if we are the primary beneficiary of a VIE. Factors considered in determining whether we are the primary beneficiary include risk and reward sharing, experience and financial condition of other partner(s), voting rights, involvement in day-to-day capital and operating decisions, representation on a VIE's executive committee, existence of unilateral kick-out rights or voting rights, level of economic disproportionality between us and the other partner(s), and contracts to purchase assets from VIEs.
	Alexan Black Mountain
	In 2006, we agreed to provide secured mezzanine financing with an aggregate principal amount up to $9.7 million to an unaffiliated third-party entity that owned a multifamily community under development, Alexan Black Mountain. The entity also obtained a construction loan with a third-party lender, with an aggregate principal amount up to $68.6 million. Our mezzanine loan is subordinate to the construction loan.
	Based on our evaluation, we determined that this entity met the criteria of VIEs under GAAP, however we do not believe we are the primary beneficiary of this VIE as we do not direct the activities of the entity that most significantly affect the entity's economic performance. We do not have an equity investment in Alexan Black Mountain. Our maximum exposure to loss is limited to the net outstanding balance of the note receivable for Alexan Black Mountain as of December 31, 2014, 2013 and 2012. We have fully reserved against the note receivable.

Notes_Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2014
Receivables [Abstract]
Notes Receivable	Notes Receivable
	Alexan Black Mountain
	In 2006, we agreed to provide secured mezzanine financing with an aggregate principal amount up to $9.7 million to an unaffiliated third-party entity that owned a multifamily community under development, Alexan Black Mountain. The entity also obtained a construction loan with a third-party lender with a current principal balance of $26.7 million and $27.2 million at December 31, 2014 and 2013, respectively. Our mezzanine loan is subordinate to the construction loan.
	In the fourth quarter of 2011, we recorded a reserve for loan losses of $2.5 million related to the mezzanine loan associated with Alexan Black Mountain bringing the carrying amount to zero as of December 31, 2011. The carrying value remains at zero as of December 31, 2014.

Notes_Payable

Notes Payable	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Notes Payable	9. Notes Payable
	The following table sets forth our notes payable on our consolidated properties, including the debt obligations of properties we consolidate at December 31, 2014 and 2013 (in thousands):
		Notes Payable as of
	Description	December 31,			December 31,		Interest Rate	Maturity
		2014			2013			Date
	Northborough Tower	$	19,071		$	19,600	5.67%	1/11/16
	Royal Island(1)	13,872			12,907		15.00%	10/10/16
	Northpoint Central	15,574			15,813		5.15%	5/9/17
	Las Colinas Commons	11,484			11,661		5.15%	5/9/17
	Chase Park Plaza Hotel and Chase—The Private Residences(2)	62,500			46,511		4.95%(2)	8/11/17
	BHFS II, LLC	6,962			7,083		30-day LIBOR + 3%(3)	2/1/18
	BHFS III, LLC	6,250			6,358		30-day LIBOR + 3%(3)	2/1/18
	BHFS IV, LLC	12,983			13,208		30-day LIBOR + 3%(3)	2/1/18
	BHFS Theatre, LLC	4,860			4,944		30-day LIBOR + 3%(3)	2/1/18
		$	153,556		$	138,085
	_______________________________________________________________________________
	-1	In February 2013, the lenders agreed to increase the amount available to draw on the loan to $11.6 million. In June 2013, the lenders further increased the amount available to draw to $12.4 million. Beginning in October 2013 and through June 2014, the lenders increased the availability each month by the amount of the monthly operating costs.  The lender ceased funding the monthly operating costs in July 2014. As of December 31, 2014, the outstanding balance on the loan was $13.9 million. See below New Financing and Modification.
	-2	On August 11, 2014, we refinanced the Chase Park Plaza Hotel debt with a new lender for $62.5 million in proceeds. The interest rate went from 30-day London Interbank Offer Rate (“LIBOR”) +6.75%, with LIBOR subject to a floor of 0.75%, to a fixed rate of 4.95% on the new debt. See below for additional terms of the new loan.
	-3	30-day LIBOR was 0.16% at December 31, 2014.
	Our notes payable balance was $153.6 million at December 31, 2014, as compared to $138.1 million as of December 31, 2013 and consisted of new financing and loan assumptions related to our consolidated property acquisitions.
	Each of our notes payable is collateralized by one or more of our properties. At December 31, 2014, our notes payable interest rates ranged from 3.2% to 15%, with a weighted average interest rate of approximately 5.6%. Of our $153.6 million in notes payable at December 31, 2014, $31.1 million represented debt subject to variable interest rates. At December 31, 2014, our notes payable had maturity dates that ranged from January 2016 to February 2018. We have unconditionally guaranteed payment of the notes payable related to the four loan tranches associated with our Frisco Square investment (the "BHFS Loans") up to $11.2 million. The BHFS Loans had an outstanding balance at December 31, 2014 of $31.1 million.
	New Financing and Modification
	In February 2011, Behringer Harvard Royal Island Debt, L.P. secured a $10.4 million loan (the "Debt LP Loan") for the purpose of preserving and protecting the collateral securing the bridge loan. The operating costs of our Royal Island property have been funded primarily through the Debt LP Loan. In February 2013, the lenders agreed to increase the amount available to draw on the Debt LP Loan to $11.6 million. In June 2013, the lenders further increased the amount available to draw to $12.4 million. Beginning in October 2013, the lenders increased the availability each month by the amount of the monthly operating costs. The lender ceased funding the monthly operating costs in July 2014. The Debt LP Loan bears interest at 15%. Payments are due from proceeds from sales or refinancing of the project or from payments received on the bridge loan. The Debt LP Loan matures at the earlier of (a) the date that the cash proceeds from sales of the collateral or refinancing of the bridge loan repay all accrued principal and interest outstanding, or (b) October 10, 2016. On December 31, 2014 and December 31, 2013, the outstanding balance of the Debt LP Loan was $13.9 million and $12.9 million, respectively.
	On August 26, 2014, The Ablon at Frisco Square venture obtained a $26.3 million construction loan. The loan incurs interest at 30-day LIBOR plus 2.5% and has a 3-year term with two 12-month extensions available. Payments of interest-only are required during the initial 3-year term. Equity of $15.8 million must be contributed to the project before any draws under the loan. As of December 31, 2014, the partners have funded $8.2 million of equity (which includes land) towards the construction. We have not drawn any funds under the construction loan to date. Our joint venture partner, or one of its affiliates, has provided the completion guaranty and any other carve-out guaranties for the construction loan.
	Our debt secured by Chase Park Plaza Hotel and Chase — The Private Residences (the "Chase Park Plaza Hotel" debt) was scheduled to mature on December 9, 2014. The loan became available for prepayment without penalty in December 2013. On August 11, 2014, we refinanced the Chase Park Plaza Hotel debt with a new lender for $62.5 million in proceeds. A fee of $590,000 was paid and recorded to interest expense at the time of payment. The loan bears interest at 4.95% and matures in three years with two 1-year extensions available. The new loan requires interest-only payments in the first year and principal payments based upon a 25-year amortization schedule during the remaining term, including extension periods. The loan is not prepayable in the first year and requires a prepayment penalty for months 13 through 30 of the original term. A portion of the proceeds from the new loan were used to repay the old debt, which had a balance of approximately $46.5 million, and closing costs. We recognized approximately $0.2 million loss on early extinguishment of debt in our consolidated statements of operations and comprehensive loss for the year ended December 31, 2014 related to unamortized deferred borrowing costs on the old debt. We have guaranteed that $6.5 million of the proceeds will be utilized for a room and retail renovation program at the Chase Park Plaza Hotel. The outstanding balance of the new Chase Park Plaza Hotel debt on December 31, 2014 was $62.5 million.
	The following table summarizes our aggregate contractual obligations for principal payments as of December 31, 2014 (in thousands):
	Principal Payments Due:		Amount
	2015		$	2,168
	2016		35,871
	2017		85,916
	2018		29,413
	2019		—
	Thereafter		—
	Total contractual obligations		153,368
	Unamortized premium		188
	Total		$	153,556

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities
	We may be exposed to the risk associated with variability of interest rates that might impact our cash flows and the results of operations. Our hedging strategy of entering into interest rate caps and swaps, therefore, has been to eliminate or reduce, to the extent possible, the volatility of cash flows.
	In November 2011, we entered into an interest rate cap agreement related to the debt on our Chase Park Plaza Hotel and Chase—The Private Residences. We refinanced this debt on August 11, 2014 and the interest rate cap was cancelled. The new loan bears interest at a fixed rate of 4.95%; therefore we will not enter into an interest rate cap agreement for this loan.
	Derivative instruments classified as assets had a combined fair value of zero at December 31, 2013. We had no derivative instruments classified as liabilities as of December 31, 2013. During the years ended December 31, 2014 and 2013, we recorded a reclassification of unrealized loss of less than $0.1 million to interest expense to adjust the carrying amount of the interest rate caps not designated as hedging instruments. We had no derivative instruments as of December 31, 2014.
	The table below presents the effect of our derivative financial instruments on the consolidated statements of operations for the periods ended December 31, 2014 and 2013:
		Derivatives Not Designated as Hedging Instruments
		Amount of Loss
		Year Ended December 31,
		2014		2013
	Interest rate	$	86	$	90

Leasing_Activity

Leasing Activity	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
Leasing Activity	Leasing Activity
	Future minimum base rental payments of our office properties due to us under non-cancelable leases in effect as of December 31, 2014 for our consolidated properties are as follows (in thousands):
	Year		Future
			Minimum
			Base Rental
			Payments
	2015		$	16,001
	2016		14,815
	2017		13,431
	2018		6,573
	2019		3,625
	2020		2,128
	2021		2,021
	2022		1,409
	2023		1,130
	2024		703
	Thereafter		651
	Total		$	62,487
	The schedule above does not include rental payments due to us from our multifamily, hotel, student housing and self-storage properties, as leases associated with these properties typically are for periods of one year or less.
	Significant Tenants
	As of December 31, 2014, we had two leases that accounted for 10% or more of our aggregate annual rental revenue from our consolidated office properties. Northborough Tower, a single-tenant office building accounted for $5.8 million (or 33%) of our aggregate annual rental revenue from our consolidated office properties. The lease expires April 30, 2018. A tenant at our Las Colinas Commons office building accounted for $2 million (or 12%) of our aggregate annual rental revenue from our consolidated office properties. The lease expires May 31, 2019.
	The following table presents information about our significant tenant leases at our consolidated office properties as of December 31, 2014:
						% of	Annualized Base Rent Statistics(1)
						Rentable Office
	Tenant	Property		Tenant	Square	Sq. Ft. Leased	Annualized	% of	Annualized	Lease
				Industry	Feet		Base Rent	Office	Base Rent per	Expiration
							(in 000s)	Annualized	Square Foot
								Base Rent
	Noble Energy, Inc.(2)	Northborough Tower		Crude Petroleum and Natural Gas Extraction	204,779	27%	$5,836	33%	$28.50	4/30/18
	Green Tree Servicing, LLC(2)	Las Colinas Commons		Mortgage Bankers & Brokers	119,116	16%	$2,038	12%	$17.11	5/31/19
	_______________________________________________________________________________
	-1	Annualized Base Rent Statistics reflect contractual base rental income from our consolidated office properties without consideration of tenant contraction or termination rights. Tenant reimbursements generally include payment of real estate taxes, operating expenses, and common area maintenance and utility charges.
	-2	In January 2015, we became aware that the sole tenant of the Northborough building, Noble Energy, may vacate the building during 2015. However, their lease runs until April 2018 and we expect them to continue to make their lease payments until then. The Green Tree Servicing lease has two 5-year renewal options available under the respective leases. Neither of the leases have an early termination provision.
	Geographic Concentration
	At any one time, a significant portion of our consolidated investments could be in one property class or concentrated in one or several geographic regions. For the year ended December 31, 2014, excluding mineral rights we received in 2014 of $0.1 million on a parcel of land we sold in 2013, 56%, 36% and 8% of our total revenues were derived from properties in Missouri, Texas and Colorado, respectively. Additionally, excluding mineral rights we received in 2014 of $0.1 million on a parcel of land we sold in 2013, 64%, 31% and 5% of our total revenues for the year ended December 31, 2014 were from our three asset types, hotel, office building and multifamily. To the extent that our portfolio is concentrated in limited geographic regions, types of assets, industries or business sectors, downturns relating generally to such region, type of asset, industry or business sector may result in defaults by our tenants within a short time period, which may reduce our net income and the value of our common stock and accordingly limit our ability to fund our operations.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	Frisco Square
	In connection with our investment in the Frisco Square property, we are responsible, through our wholly owned subsidiaries who hold title to the Frisco Square property, for half of the bond debt service related to the $12.5 million of bonds (the “Bond Obligation”) the City of Frisco issued to fund public improvements within the Frisco Square Management District (the “MMD”).  For each $1 million increase in assessed value for the real property within the MMD above $125 million, the Bond Obligation will be reduced by 0.5% and will be terminated at $225 million of real property values.  The total outstanding Bond Obligation at December 31, 2014 and 2013 was $5.1 million and $5.6 million, respectively.
	Although, as described above, we are ultimately responsible for half of the bond debt service, the Frisco Square Property Owner’s Association (the “POA”) has the authority to assess its members for various monetary obligations related to the Frisco Square development, including the Bond Obligation, based upon the value of the real property and real property improvements.  We are not the sole member of the POA.  The annual bond debt service assessed by the POA is approximately $0.5 million. For the year ended December 31, 2013, we estimated our annual pro rata share of the expense at approximately $0.3 million. As a result of land sales and new assessed values within the POA, the revised estimate of our annual obligation has decreased to $0.2 million. For the year ended December 31, 2014, we have an expense credit of less than $0.1 million as a result of an adjustment of previously accrued amounts based upon the new estimate of the obligation. This credit is included in the accompanying consolidated statements of operations and other comprehensive loss.
	We are also obligated to construct a minimum of two parking garages with 720 spaces by February 1, 2018 (the “Parking Obligation”). The City of Frisco has secured the Bond Obligation and the Parking Obligation by placing liens on the vacant land held by our indirect, wholly owned Frisco Square subsidiaries. In the event we sell all or a part of the vacant land, 33% of the net sales proceeds are to be deposited into an escrow account for the benefit of the City of Frisco to secure the Parking Obligations until the amount in the escrow is $7 million. Currently, the escrow account balance is $1.4 million. The book value of the vacant land is approximately $22.4 million. On February 4, 2014, the City of Frisco amended the Parking Obligation with respect to its lien on the vacant land. Under the amended Parking Obligation, if we contribute land for the development of a garage (the "Gearbox Garage") and build two additional garages that provide at least 108 parking spaces that are open and free to the public at all times, the City of Frisco will not require any further escrow of funds from the sale of the Frisco Square land and will release the lien on the Frisco Square land. As discussed in Note 6, Real Estate Investments, on June 13, 2014, we sold 1.62 acres of land to an unrelated third party for a building and parking garage development (the “Gearbox” development) and escrowed $0.6 million of the proceeds from the sale. Concurrently, we contributed 1.66 acres of land for the development of the Gearbox Garage. We agreed to contribute approximately $1.7 million to build 152 additional spaces. The funds for the spaces and related infrastructure costs were placed in an escrow account in December 2014 and are drawn as construction on the garage is completed. As of December 31, 2014, we have $1.1 million in the escrow account.
	On August 7, 2014, Ablon Frisco Square Venture, a special purpose entity in which we own a 90% limited partnership investment, executed a $33.2 million general construction contract for a 275-unit multifamily development located in Frisco Square. Construction commenced on September 2, 2014.
	Also, on September 2, 2014, we commenced construction on the public structured garage. We anticipate completing the multifamily garage and the public structured garage in the fourth quarter of 2015, which, along with the completion of the Gearbox garage, would fulfill our Parking Obligation with the City of Frisco.
	Chase Park Plaza Hotel
	On February 19, 2013, Chase Park Plaza Hotel, LLC (“Plaintiff”) filed suit against James L. Smith, Francine V. Smith, Marcia Smith Niedringhaus, Kingsdell L.P., IFC, Inc. and CWE Hospitality Services, LLC (“CWE”) (collectively, the “Smith Defendants”) in the 22nd Judicial Circuit Court of the City of St. Louis, Missouri to take over control of the Hotel and against the former manager for damages associated with his theft and mismanagement.  A temporary restraining order (“TRO”) was entered the same day terminating the Hotel Operating Agreement between CWE and Kingsdell and the lease between Plaintiff, as lessor, and Kingsdell, as lessee, of the Chase Park Plaza Hotel and ordering Plaintiff to take immediate and exclusive possession of the Chase Park Plaza real property, improvements, and personal property.  The TRO also ordered the defendants to turn over the property, keys, books, records, licenses, and permits to Plaintiff.
	The Smith Defendants countersued for wrongful termination and a termination fee.  Plaintiff amended its petition to add as parties, based on civil conspiracy and tortious interference with contracts causes of action, claims against the Smith Defendants’ attorneys and accountants.  The case as to the Smith Defendants was settled on August 5, 2014, resulting in CPPH obtaining Smith Defendants’ 5% ownership interest in the Hotel.  As of February 19, 2015, Plaintiff is in settlement negotiations with the Smith Defendants’ attorneys and accountants.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Stockholders' Equity	Stockholders' Equity
	On November 23, 2004 (date of inception), we sold 1,000 shares of convertible stock and 21,739 shares of common stock to Behringer Harvard Holdings, LLC for $201,000 in cash. Pursuant to its terms, the convertible stock generally is convertible into shares of our common stock with a value equal to 15% of the amount by which (1) our enterprise value, including the total amount of distributions paid to our stockholders, exceeds (2) the sum of the aggregate capital invested by our stockholders plus a 10% cumulative, non-compounded, annual return on such capital. At the date of issuance of the shares of convertible stock, management determined the fair value under GAAP was less than the nominal value paid for the shares; therefore, the difference is not material. Conversion of the convertible stock may be limited by our board of directors if it determines that full conversion may jeopardize our qualification as a REIT. Our board of directors may authorize additional shares of capital stock and their characteristics without obtaining stockholder approval.
	Share Redemption Program
	In February 2006, our board of directors adopted a share redemption program that permitted stockholders to sell their shares back to us after they had held them for at least one year, subject to the significant conditions and limitations of the program. Our board of directors can amend the provisions of our share redemption program without the approval of our stockholders. The terms on which we redeem shares may differ between redemptions upon a stockholder's death, "qualifying disability" (as defined in the share redemption program) or confinement to a long-term care facility and all other redemptions.
	In January 2011, the board completely suspended the redemption program and has not considered any redemption requests since 2010. Therefore, we did not redeem any shares of our common stock during the year ended December 31, 2014. An aggregate total of 984,267 shares of common stock have been redeemed since inception.
	Distributions
	We initiated the payment of monthly distributions in August 2006. Pursuant to our distribution reinvestment plan (the "DRP"), many of our stockholders elected to reinvest any cash distributions in additional shares of common stock. We have recorded all distributions when declared, except for the stock issued through the DRP which has been recorded when the shares were actually issued.
	Distributions are authorized at the discretion of our board of directors based on its analysis of our forthcoming cash needs, earnings, cash flow, anticipated cash flow, capital expenditure requirements, cash on hand, general financial condition and other factors that our board deems relevant. The board's decision will be influenced, in substantial part, by its obligation to ensure that we maintain our status as a REIT. In connection with entering our disposition phase, on March 28, 2011, our board of directors discontinued regular quarterly distributions. Any future distributions will be based on available cash after weighing operational needs.
	Historically, distributions paid to stockholders have been funded through various sources, including cash flow from operating activities, proceeds raised as part of our initial public offering, reinvestment through our distribution reinvestment plan and/or additional borrowings. We paid no distributions to stockholders during the years ended December 31, 2014, 2013 and 2012.

StockBased_Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation
	The Behringer Harvard Opportunity REIT I, Inc. Amended and Restated 2004 Incentive Award Plan ("Incentive Award Plan") was approved by our board of directors on July 19, 2005 and by our stockholders on July 25, 2005, and provides for equity awards to our directors and consultants and to employees, directors, and consultants of our affiliates. In November 2008, the board of directors approved an amendment to the grantees' stock option agreements for all awards granted prior to December 31, 2007, setting forth a revised vesting and expiration schedule. Accordingly, all options granted prior to December 31, 2007 that were previously outstanding and fully vested were subject to the revised vesting and expiration schedule as follows: 25% became exercisable in each of the calendar years 2010 and 2011 with the remaining 50% exercisable in the calendar year 2012. Any vested awards not exercised in the calendar year specified were forfeited and were no longer exercisable. None of the options granted prior to December 31, 2007 were exercised and all expired as of December 31, 2012.
	Options to acquire 5,000 shares of our common stock were awarded to each of Ms. Bufkin, Mr. Gage and Mr. Kaplan on July 24, 2008, June 22, 2009, October 18, 2010, October 17, 2011 and November 9, 2012 in connection with their reelection to our board of directors each year. As of December 31, 2014, each of Ms. Bufkin, Mr. Gage and Mr. Kaplan have 25,000 stock options for a total of 75,000 stock options outstanding at December 31, 2014.
	On March 25, 2013, our board of directors, voted to amend the Incentive Award Plan to eliminate the automatic option grant. We did not recognize any incremental compensation cost as a result of these modifications. There were no stock options granted, exercised, forfeited or expired in 2014.
	The following table summarizes the outstanding options, options granted, exercised, and forfeited or expired, as well as the corresponding weighted average exercise prices, for the years ended December 31, 2014, 2013 and 2012:
	Options	Shares			Weighted-
					Average
					Exercise Price
	Outstanding at January 1, 2012	79,792			$	8.53
	Granted	15,000			4.12
	Exercised	—
	Forfeited or expired	(19,792	)		9.1
	Outstanding at December 31, 2012	75,000			7.5
	Granted	—
	Exercised	—
	Forfeited or expired	—
	Outstanding at December 31, 2013	75,000			7.5
	Granted	—
	Exercised	—
	Forfeited or expired	—
	Outstanding at December 31, 2014	75,000		-1	7.5
	Exercisable at December 31, 2014	75,000			7.5
	_______________________________________________________________________________
	(1) The remaining contractual life of the outstanding options is 4.3 years.
	Compensation expense associated with our Incentive Award Plan was not material for the years ended December 31, 2014, 2013, or 2012.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions
	Behringer Harvard Opportunity Advisors I and certain of its affiliates receive fees and compensation in connection with the acquisition, financing, management, and sale of our assets.
	Since our inception, the Advisor or its predecessors have been responsible for managing our day-to-day affairs and for, among other things, identifying and making acquisitions and other investments on our behalf. Our relationship with the Advisor, including the fees paid by us to the Advisor or the reimbursement of expenses by us for amounts paid, or incurred by the Advisor, on our behalf is governed by an advisory management agreement that has been in place since September 20, 2005 and amended at various times thereafter. We are currently party to the Third Amended and Restated Advisory Management Agreement (the "Advisory Agreement") which became effective May 15, 2013 and was set to expire May 15, 2014. On May 6, 2014, the Advisory Agreement was renewed for a term of one year, effective May 15, 2014 with an expiration date of May 15, 2015. The terms of the Advisory Agreement remain unchanged.
	During the years ended December 31, 2014 and 2013, Behringer Harvard Opportunity Advisors I received an asset management fee of 0.575% of the aggregate asset value of acquired real estate and real estate related assets other than Alexan Black Mountain and Royal Island. The fee is payable monthly in arrears in an amount equal to one-twelfth of 0.575% of the aggregate asset value as of the last day of the month. For the year ended December 31, 2012, this fee was equal to 0.60% of the aggregate asset value of acquired real estate and real estate related assets as of the last day of the month. For the years ended December 31, 2014, 2013 and 2012, we incurred $2.3 million, $2.3 million and $3.2 million, respectively, of asset management fees. Amounts for the years ended December 31, 2013 and 2012 include asset management fees that were classified in discontinued operations for our held for sale property and our disposed properties.
	Behringer Harvard Opportunity Advisors I, or its affiliates, receive acquisition and advisory fees of 2.5% of the contract purchase price of each asset for the acquisition, development or construction of real property or 2.5% of the funds advanced in respect of a loan investment. For the year ended December 31, 2014, we incurred acquisition and advisory fees of $0.2 million related to The Ablon at Frisco Square development. For the year ended December 31, 2013, there were no acquisition and advisory fees. For the year ended December 31, 2012, we incurred acquisition and advisory fees of $0.1 million.
	Under the Advisory Agreement, the debt financing fee paid to the Advisor for a Loan (as defined in the Advisory Agreement) will be 1% of the loan commitment amount. Amounts due to the Advisor for a Revised Loan (as defined in the agreement) will be 40 basis points of the loan commitment amount for the first year of any extension (provided the extension is for at least 120 days), an additional 30 basis points for the second year of an extension, and another 30 basis points for the third year of an extension in each case, prorated for any extension period less than a full year. The maximum debt financing fee for any extension of three or more years is 1% of the loan commitment amount. We incurred $0.6 million in debt financing fees for the year ended December 31, 2014 related to the Chase Park Plaza Hotel debt that we refinanced on August 11, 2014. We did not incur any debt financing fees for the year ended December 31, 2013. We incurred $0.5 million in debt financing fees for the year ended December 31, 2012.
	We reimburse Behringer Harvard Opportunity Advisors I or its affiliates for all expenses paid or incurred by them in connection with the services they provide to us, including direct expenses and the costs of salaries and benefits of persons employed by those entities and performing services for us, subject to the limitation that we will not reimburse for any amount by which our Advisor's operating expenses (including the asset management fee) at the end of the four fiscal quarters immediately preceding the date reimbursement is sought exceeds the greater of: (1) 2% of our average invested assets or (2) 25% of our net income for that four quarter period other than any additions to reserves for depreciation, bad debts or other similar non-cash reserves and any gain from the sale of our assets for that period. Notwithstanding the preceding sentence, we may reimburse the Advisor for expenses in excess of this limitation if a majority of our independent directors determines that such excess expenses are justified based on unusual and non-recurring factors. We do not reimburse our Advisor for the salaries and benefits that our Advisor or its affiliates pay to our named executive officers. For the years ended December 31, 2014, 2013, and 2012, we incurred costs for administrative services of $1.7 million, $1.4 million and $1.8 million, respectively.
	We pay our property manager and affiliate of the Advisor, Behringer Harvard Opportunity Management Services, LLC or its affiliates (collectively, "BH Property Management"), fees for management, leasing, and maintenance supervision of our properties. Such fees are equal to 4.5% of gross revenues plus leasing commissions based upon the customary leasing commission applicable to the same geographic location of the respective property. In the event that we contract directly with a non-affiliated third-party property manager in respect of a property, we will pay BH Property Management an oversight fee equal to 0.5% of gross revenues of the property managed. In no event will we pay both a property management fee and an oversight fee to BH Property Management with respect to any particular property. In the event we own a property through a joint venture that does not pay BH Property Management directly for its services, we will pay BH Property Management a management fee or oversight fee, as applicable, based only on our economic interest in the property. We incurred property management fees or oversight fees of $0.9 million, $1 million and $0.9 million during the years ended December 31, 2014, 2013, and 2012, respectively.
	On March 29, 2011, we obtained a $2.5 million loan from our Advisor to further bridge our short-term liquidity needs. The $2.5 million loan bears interest at a rate of 5% and had a maturity date of the earliest of (i) March 29, 2013, (ii) the termination without cause of the advisory management agreement, or (iii) the termination without cause of the property management agreement. On March 25, 2013, we fully repaid the loan and accrued interest.
	At December 31, 2014 and 2013, we had a payable to our Advisor and its affiliates of $1.1 million and $0.8 million, respectively. These balances consist of accrued fees, including asset management fees, administrative service expenses, property management fees and other miscellaneous costs payable to Behringer Harvard Opportunity Advisors I and BH Property Management.
	We are dependent on Behringer Harvard Opportunity Advisors I and BH Property Management for certain services that are essential to us, including asset acquisition and disposition decisions, property management and leasing services, and other general administrative responsibilities. In the event that these companies are unable to provide us with the respective services, we would be required to obtain such services from other sources.

Supplemental_Cash_Flow_Informa

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2014
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	Supplemental Cash Flow Information
	Supplemental cash flow information is summarized below for the years ended December 31, 2014, 2013, and 2012:
		Year ended December 31,
		2014		2013			2012
	Supplemental disclosure:
	Interest paid, net of amounts capitalized	$	7,188	$	11,414		$	11,902
	Reorganization expenses paid	—		768			1,112
	Income taxes paid, net of refunds	135		198			113
	Non-cash investing and financing activities:
	Property and equipment additions and purchases of real estate in accrued liabilities	1,479		1,353			184
	Capital expenditures for real estate under development in accounts payable and accrued liabilities	1,817		47			215
	Additions to real estate under development reclassified from land	3,346		—			—
	Additions to land and land improvements reclassed from real estate under development	170		—			—
	Additions to furniture, fixtures and equipment reclassed from real estate under development	211		—			—
	Amortization of deferred financing fees in properties under development	31		—			33
	Transfer of noncontrolling interest	2,136		—			2,424
	Capitalized deferred financing costs in accrued liabilities	31		—			319
	Consolidation of properties:
	Real estate and lease intangibles	—		—			24,000
	Restricted Cash	—		—			493
	Notes receivable	—		—			(18,037		)
	Other assets and liabilities, net	—		—			(6,468		)
	Consolidation of hotel operations with no consideration paid:
	Assets consolidated	—		(2,649		)	—
	Liabilities consolidated	—		2,649			—

Discontinued_Operations_and_Re

Discontinued Operations and Real Estate Held for Sale	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Real Estate Held for Sale
Discontinued Operations and Real Estate Held for Sale	Discontinued Operations and Real Estate Held for Sale
	As of December 31, 2012, we had one consolidated joint venture property classified as held for sale, Becket House, which we sold on April 5, 2013. We did not have any assets classified as held for sale as of December 31, 2014 and 2013.
	The following table summarizes the disposition of our properties during 2012 and 2013 (in millions):
	Property Name		Date of Disposition		Contract Sales Price
	Santa Clara 700/750 Joint Venture		May 18, 2012		$	47.8
	Tanglewood at Voss		May 29, 2012		52.5
	5000 S. Bowen Road		August 16, 2012		25.9
	Bent Tree Green		October 16, 2012		12
	Becket House		April 5, 2013		19.8
	Rio Salado		May 28, 2013		9.3
	4950 S. Bowen Road		22-Oct-13		1.6
	We classified the results of operations for the properties above (except for Rio Salado and 4950 S. Bowen Road which represented land-only interests) into discontinued operations in the accompanying consolidated statements of operations and comprehensive loss, as summarized in the following table (in thousands):
		Year Ended December 31,
		2013				2012
	Revenues
	Rental revenue	$	514			$	9,043
	Expenses
	Property operating expenses	189				2,489
	Bad debt expense	(111		)		197
	Interest expense	633				5,053
	Real estate taxes	(21		)		1,153
	Impairment charge	305				1,263
	Property management fees	24				300
	Asset management fees	16				386
	Depreciation and amortization	—				3,087
	Total expenses	1,035				13,928
	Interest Income	(2		)		(4		)
	Realized loss on currency translation adjustment(1)	(3,624		)		—
	Gain on troubled debt restructuring(1)	8,132				—
	Loss on early extinguishment of debt(2)	—				(1,379		)
	Gain on sale of real estate property	—				11,996
	Income from discontinued operations	3,985				5,728
	(Income) loss attributable to noncontrolling interests	(1,460		)		449
	Income from discontinued operations attributable to the Company	$	2,525			$	6,177
	_______________________________________________________________________________
	-1	Due to the sale of Becket House on April 5, 2013, $3.6 million was reclassified from unrealized foreign currency translation loss in OCI to net loss and $8.1 million was recorded as a gain on troubled debt restructuring.
	-2	Loss on early extinguishment of debt was approximately $1.4 million and represents premiums paid and the write-off of unamortized debt issuance costs related to 5000 S. Bowen Road.
	We did not classify the condominiums sold during 2012 or 2013 at Chase—The Private Residences as discontinued operations. Additionally, on June 13, 2014, we sold 1.62 acres of land that was a part of our Frisco Square investment to an unaffiliated third party that is not included in discontinued operations.

Frisco_Debtors

Frisco Debtors	12 Months Ended
	Dec. 31, 2014
Reorganizations [Abstract]
Frisco Debtors	Frisco Debtors
	Chapter 11 Bankruptcy Filings—Frisco Debtors
	On June 13, 2012 (the "Petition Date"), the Frisco Debtors filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code (the "Chapter 11 Cases"), in the United States Bankruptcy Court for the Eastern District of Texas (the "Bankruptcy Court"). The Chapter 11 Cases pertain only to the Frisco Debtors, and neither the Company nor any of its other wholly owned subsidiaries or joint ventures, either consolidated or unconsolidated, sought such protection.
	The bankruptcy court approved a reorganization plan in December 2012 which was declared effective in January 2013.  Pursuant to the reorganization plan, all creditors would receive 100%, some immediately, and some over time.  Additional information and material obligations of the Company related to the reorganization plan are described in Note 12.

Quarterly_Results_Unaudited

Quarterly Results (Unaudited)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results (Unaudited)	Quarterly Results (Unaudited)
	Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2014 and 2013 (in thousands, except per share amounts):
		2014 Quarters Ended
		March 31			June 30			September 30			December 31
	Revenue	$	12,418		$	15,009		$	14,838		$	13,222
	Loss from continuing operations	(4,270		)	(2,907		)	(3,546		)	(13,697		)	-1
	Gain on sale of real estate	—			476			—			—
	Add: Net loss attributable to the noncontrolling interest	97			104			104			109
	Net loss attributable to common stockholders	(4,173		)	(2,327		)	(3,442		)	(13,588		)
	Basic and diluted weighted average shares outstanding	56,500			56,500			56,500			56,500
	Basic and diluted loss per share	$	(0.08	)	$	(0.04	)	$	(0.06	)	$	(0.24	)
	__________________________
	-1	During the fourth quarter of 2014, we recorded a non-cash impairment charge of $9.4 million related to our Northborough office building based upon a shortened estimated hold period because of market conditions in Houston, Texas, an energy hub. The energy sector recently experienced a significant decline in oil prices which could have an adverse impact on the results at this office building.
		2013 Quarters Ended
		March 31			June 30			September 30			December 31
	Revenue	$	10,461		$	14,381		$	13,720		$	16,506
	Loss from continuing operations	(6,663		)	(5,227		)	(7,434		)	(4,121		)
	Income (loss) from discontinued operations	(645		)	4,534			—			96
	Gain (loss) on sale of real estate	—			95			—			(9		)
	Add: Net (income) loss attributable to the noncontrolling interest	219			(1,492		)	221			170
	Net loss attributable to common stockholders	(7,089		)	(2,090		)	(7,213		)	(3,864		)
	Basic and diluted weighted average shares outstanding	56,500			56,500			56,500			56,500
	Basic and diluted loss per share	$	(0.12	)	$	(0.04	)	$	(0.13	)	$	(0.07	)
	The results of operations and other components related to the sale of Becket House on April 5, 2013, have been reclassified and reported in discontinued operations for the year ended December 31, 2013. See Note 17, Discontinued Operations and Real Estate Held for Sale, for more details.
	*********

Schedule_II_Valuation_and_Qual

Schedule II Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Dec. 31, 2013
Valuation and Qualifying Accounts [Abstract]
Schedule II Valuation and Qualifying Accounts and Reserves	Behringer Harvard Opportunity REIT I, Inc.
	Valuation and Qualifying Accounts and Reserves
	Schedule II
	December 31, 2014, 2013, and 2012
	(in thousands)
		Balance at		Charged to		Charged to		Deductions			Balance at End
		Beginning of		Costs and		Other					of Period
		Period		Expenses		Accounts
	Year ended December 31, 2014
	Allowance for doubtful accounts	$	2,375	$	137	$	—	$	2,305		$	207
	Allowance for loan loss	13,897		—		—		227		-1	13,670
	Year ended December 31, 2013
	Allowance for doubtful accounts	$	234	$	2,585	$	—	$	444		$	2,375
	Allowance for loan loss	13,897		—		—		—		-1	13,897
	Year ended December 31, 2012
	Allowance for doubtful accounts	$	377	$	721	$	—	$	864		$	234
	Allowance for loan loss	34,665		12,249		—		33,017		-1	13,897
	_______________________________________________________________________________
	-1	On June 6, 2012 we gained control of Royal Island when we obtained all of the outstanding shares of Royal Island (Australia) Pty Limited. As a result we now eliminate the note receivable.

Schedule_III_Real_Estate_and_A

Schedule III Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III Real Estate and Accumulated Depreciation	Behringer Harvard Opportunity REIT I, Inc.
	Real Estate and Accumulated Depreciation
	Schedule III
	December 31, 2014
	($ in thousands)
								Initial Cost
	Property Name	Location		Encumbrances				Land and				Building and		Cost capitalized			Gross amount		Accumulated		Year of	Date	Depreciable
								improvements				improvements		subsequent			carried at		depreciation		construction	acquired	life
														to acquisition(1)			close of period
	Chase Park Plaza	St. Louis, MO		$	62,500			$	3,612			$	50,143	$	40,708		$	94,463	$	18,546	1922 - 1931	12/8/06	-2
	Las Colinas Commons	Irving, TX		11,484				2,785				9,718		3,955			16,458		4,546		1979 - 2001	12/20/06	-3
	The Lodge & Spa at Cordillera	Edwards, CO		—				9,398				7,468		(6,691		)	10,175		1,590		1988	6/6/07	-2
	Frisco Square	Frisco, TX		31,055				40,098				27,907		13,283			81,288		14,625		2002 - 2003	8/3/07	-3
	Northpoint Central	Houston, TX		15,574				750				19,849		3,648			24,247		7,708		1982	9/13/07	-3
	Northborough Tower	Houston, TX		19,071				1,400				31,401		(14,770		)	18,031		730		1983	2/26/08	-3
	Royal Island	Commonwealth		13,872				21,158				2,842		—			24,000		1,513		—	6/6/12	-3
		of Bahamas
	The Ablon at Frisco Square	Frisco, TX		—				—				—		9,896			9,896		—		2014 -2015	-4	-4
	Totals			$	153,556			$	79,201			$	149,328	$	50,029		$	278,558	$	49,258
	_______________________________________________________________________________
	-1	Includes adjustment to basis, such as impairment losses
	-2	Hotels are 39 years
	-3	Buildings are 25 years
	-4	Construction of a 275-unit multifamily project at The Ablon at Frisco Square development began on September 2, 2014.
	A summary of activity for real estate and accumulated depreciation for the years ended December 31, 2014, 2013 and 2012 is as follows:
	Real Estate and Accumulated Depreciation
	Schedule III
	(in thousands)
		Year Ended December 31,
		2014				2013				2012
	Real Estate:
	Balance at beginning of period	$	284,532			$	292,737			$	401,779
	Acquisitions	—				—				24,000
	Improvements	14,519				4,222				5,154
	Write-offs	(759		)		(1,635		)		(697		)
	Reclassification(1)(2)	(9,096		)		—				1,150
	Impairment loss	(9,371		)		(119		)		(8,552		)
	Cost of real estate sold	(1,267		)		(10,673		)		(130,097		)
	Balance at end of the period	$	278,558			$	284,532			$	292,737
	Accumulated depreciation:
	Balance at beginning of period	$	48,652			$	41,186			$	46,253
	Depreciation expense	9,931				9,073				11,249
	Write-offs	(440		)		(1,607		)		(717		)
	Reclassification(1)	(8,885		)		—				—
	Disposals	—				—				(15,599		)
	Balance at end of the period	$	49,258			$	48,652			$	41,186
	_______________________________________________________________________________
	-1	Reclassification of $8.9 million accumulated depreciation to the basis of the Northborough office building at December 31, 2014 as a result of non-cash impairment recorded for Northborough office building in the fourth quarter of 2014. The carrying value of the asset also includes a reclass of $0.2 million.
	-2	Includes reclassification of $0.7 million and $0.5 million from condominium inventory to land and building, respectively, during the year ended December 31, 2012.

Schedule_IV_Mortgage_Loans_on_

Schedule IV Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2014

Mortgage Loans on Real Estate [Abstract]

Schedule IV Mortgage Loans on Real Estate

Behringer Harvard Opportunity REIT I, Inc.

Mortgage Loans on Real Estate

Schedule IV

December 31, 2014

(amounts in thousands)

Description

Interest

Maturity

Periodic Payment

Prior

Face

Carrying

Principal Amount of

Rate

Date

Terms

Liens

Amount of

Amount of

Loans Subject to

Mortgages

Mortgages

Delinquent Principal

or Interest

Alexan Black Mountain mezzanine loan

10.5

%

12/29/15

No payment until completion

$

26,700

-1

$

9,676

$

—

$

—

_______________________________________________________________________________

-1

We do not hold the construction loan on this property. Accordingly, the amount of the prior lien at December 31, 2014 is estimated.

Reconciliation of the Carrying Amount of Mortgages:

Balance at beginning of 2012

$

31,280

Additions during period:

New mortgage loans

2,023

Deductions during period:

Allowance for loan loss

(15,267

)

Elimination upon consolidation(2)

(18,036

)

Balance at close of 2012

$

—

_______________________________________________________________________________

-2

On June 6, 2012, we consolidated Royal Island. As a result, the note receivable between the Company and Royal Island was eliminated as an intercompany transaction.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements
	The preparation of these financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We evaluate these estimates, including investment impairment, on a regular basis. These estimates will be based on management's historical industry experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation
	Our consolidated financial statements include our accounts and the accounts of other subsidiaries over which we have control. All inter-company transactions, balances, and profits have been eliminated in consolidation. Interests in entities acquired will be evaluated based on applicable GAAP, which includes the requirement to consolidate entities deemed to be variable interest entities ("VIE") in which we are the primary beneficiary. If the interest in the entity is determined not to be a VIE, then the entity will be evaluated for consolidation based on legal form, economic substance, and the extent to which we have control and/or substantive participating rights under the respective ownership agreement.
	There are judgments and estimates involved in determining if an entity in which we have made an investment is a VIE and, if so, whether we are the primary beneficiary. The entity is evaluated to determine if it is a VIE by, among other things, calculating the percentage of equity being risked compared to the total equity of the entity. Determining expected future losses involves assumptions of various possibilities of the results of future operations of the entity, assigning a probability to each possibility and using a discount rate to determine the net present value of those future losses. A change in the judgments, assumptions, and estimates outlined above could result in consolidating an entity that should not be consolidated or accounting for an investment using the equity method that should in fact be consolidated, the effects of which could be material to our financial statements.
Subsequent Events	Subsequent Events
	We have evaluated subsequent events for recognition or disclosure in our consolidated financial statements.
Real Estate	Real Estate
	Upon the acquisition of real estate properties, we recognize the assets acquired, the liabilities assumed, and any noncontrolling interest as of the acquisition date, measured at their fair values. The acquisition date is the date on which we obtain control of the real estate property. The assets acquired and liabilities assumed may consist of land, inclusive of associated rights, buildings, assumed debt, identified intangible assets and liabilities and asset retirement obligations. Identified intangible assets generally consist of above-market leases, in-place leases, in-place tenant improvements, in-place leasing commissions and tenant relationships. Identified intangible liabilities generally consist of below-market leases. Goodwill is recognized as of the acquisition date and measured as the aggregate fair value of the consideration transferred and any noncontrolling interests in the acquiree over the fair value of the identifiable net assets acquired. Likewise, a bargain purchase gain is recognized in current earnings when the aggregate fair value of the consideration transferred and any noncontrolling interests in the acquiree is less than the fair value of the identifiable net assets acquired. Acquisition-related costs are expensed in the period incurred.
	The fair value of the tangible assets acquired, consisting of land and buildings, is determined by valuing the property as if it were vacant, and the "as-if-vacant" value is then allocated to land and buildings. Land values are derived from appraisals, and building values are calculated as replacement cost less depreciation or management's estimates of the fair value of these assets using discounted cash flow analyses or similar methods believed to be used by market participants. The value of hotels and all other buildings is depreciated over the estimated useful lives of 39 years and 25 years, respectively, using the straight-line method.
	We determine the fair value of assumed debt by calculating the net present value of the scheduled mortgage payments using interest rates for debt with similar terms and remaining maturities that management believes we could obtain at the date of the debt assumption. Any difference between the fair value and stated value of the assumed debt is recorded as a discount or premium and amortized over the remaining life of the loan using the effective interest method.
	We determine the value of above-market and below-market leases for acquired properties based on the present value (using an interest rate that reflects the risks associated with the leases acquired) of the difference between (1) the contractual amounts to be paid pursuant to the in-place leases and (2) management's estimate of current market lease rates for the corresponding in-place leases, measured over a period equal to (a) the remaining non-cancelable lease term for above-market leases, or (b) the remaining non-cancelable lease term plus any below-market fixed rate renewal options that, based on a qualitative assessment of several factors, including the financial condition of the lessee, the business conditions in the industry in which the lessee operates, the economic conditions in the area in which the property is located, and the ability of the lessee to sublease the property during the renewal term, are reasonably assured to be exercised by the lessee for below-market leases. We record the fair value of above-market and below-market leases as intangible assets or intangible liabilities, respectively, and amortize them as an adjustment to rental income over the determined lease term.
	The total value of identified real estate intangible assets acquired is further allocated to in-place leases, in-place tenant improvements, in-place leasing commissions and tenant relationships based on our evaluation of the specific characteristics of each tenant's lease and our overall relationship with that respective tenant. The aggregate value for tenant improvements and leasing commissions is based on estimates of these costs incurred at inception of the acquired leases, amortized through the date of acquisition. The aggregate value of in-place leases acquired and tenant relationships is determined by applying a fair value model. The estimates of fair value of in-place leases include an estimate of carrying costs during the expected lease-up periods for the respective spaces considering current market conditions. In estimating the carrying costs that would have otherwise been incurred had the leases not been in place, we include such items as real estate taxes, insurance and other operating expenses as well as lost rental revenue during the expected lease-up period based on current market conditions. The estimates of the fair value of tenant relationships also include costs to execute similar leases, including leasing commissions, legal fees and tenant improvements as well as an estimate of the likelihood of renewal as determined by management on a tenant-by-tenant basis.
	We amortize the value of in-place leases, in-place tenant improvements and in-place leasing commissions to expense over the initial term of the respective leases. The tenant relationship values are amortized to expense over the initial term and any anticipated renewal periods, but in no event does the amortization period for intangible assets or liabilities exceed the remaining depreciable life of the building. Should a tenant terminate its lease, the unamortized portion of the acquired lease intangibles related to that tenant would be charged to expense. As of December 31, 2014, the estimated remaining average useful lives for acquired lease intangibles range from less than one year to approximately 8 years.
	Other intangible assets include the value of identified hotel trade names and in-place property tax abatements. These fair values are based on management's estimates of the relative fair value of these assets using discounted cash flow analyses or similar methods. The value of the trade names is amortized over its respective estimated useful life of 20 years using the straight-line method and the value of the in-place property tax abatement is amortized over its estimated term of ten years using the straight-line method.
Condominium Inventory	Condominium Inventory
	Condominium inventory is stated at the lower of cost or fair market value. In addition to land acquisition costs, land development costs, and construction costs, costs include interest and real estate taxes, which are capitalized during the period beginning with the commencement of development and ending with the completion of construction.
	For condominium inventory, at each reporting date, management compares the estimated fair value less costs to sell to the carrying value. An adjustment is recorded to the extent that the fair value less costs to sell is less than the carrying value. We determine the estimated fair value of condominiums based on comparable sales in the normal course of business under existing and anticipated market conditions. This evaluation takes into consideration estimated future selling prices, costs incurred to date, estimated additional future costs, and management's plans for the property. We currently have one remaining condominium unit in inventory at Chase—The Private Residences.
Real Estate Held for Sale	Real Estate Held for Sale
	We classify properties as held for sale when certain criteria are met, in accordance with GAAP. At that time, we present the assets and obligations of the property held for sale separately in our consolidated balance sheet and we cease recording depreciation and amortization expense related to that property. Properties held for sale are reported at the lower of their carrying amount or their estimated fair value, less estimated costs to sell. We had no properties classified as held for sale at December 31, 2014 and 2013.
Cash and Cash Equivalents	Cash and Cash Equivalents
	We consider investments in highly-liquid money market funds or investments with original maturities of three months or less to be cash equivalents.
Restricted Cash	Restricted Cash
	As required by our lenders, restricted cash is held in escrow accounts for real estate taxes and other reserves for our consolidated properties.
Accounts Receivable	Accounts Receivable
	Accounts receivable primarily consist of straight-line rental revenue receivables of $5.9 million and $6.2 million as of December 31, 2014 and 2013, respectively, and receivables from our hotel operators and tenants related to our other consolidated properties of $2.3 million and $3.4 million as of the years ended December 31, 2014 and 2013, respectively. The allowance for doubtful accounts was $0.2 million and $2.4 million as of December 31, 2014 and 2013, respectively.
Prepaid Expenses and Other Assets	Prepaid Expenses and Other Assets
	Prepaid expenses and other assets include prepaid directors' and officers' insurance, prepaid advertising, the fair value of certain derivative instruments, as well as inventory, prepaid insurance, and real estate taxes of our consolidated properties. Inventory consists of food, beverages, linens, glassware, china, and silverware and is carried at the lower of cost or market value.
Furniture, Fixtures, and Equipment	Furniture, Fixtures, and Equipment
	Furniture, fixtures, and equipment are recorded at cost and are depreciated using the straight-line method over their estimated useful lives of five to seven years. Maintenance and repairs are charged to operations as incurred while renewals or improvements to such assets are capitalized. Accumulated depreciation associated with our furniture, fixtures, and equipment was $15.5 million and $14.3 million as of December 31, 2014 and December 31, 2013, respectively.
Consolidation of Real Estate in Bankruptcy	Chapter 11 Filings—
	Frisco Square Reorganization
	Consolidation of Real Estate in Bankruptcy—On June 13, 2012, our special purpose entity Behringer Harvard Frisco Square, LP along with our indirect subsidiaries, BHFS I, LLC, BHFS II, LLC, BHFS III, LLC, BHFS IV, LLC and BHFS Theater, LLC (collectively, the "Frisco Debtors") filed Chapter 11 bankruptcy. We continued to consolidate the balance sheets and operations of the Frisco Debtors. On October 22, 2012, the Frisco Debtors filed a Reorganization Plan, which, after certain modifications and amendments, was confirmed on December 20, 2012, allowing the Frisco Debtors to emerge from bankruptcy. On January 2, 2013 the Bankruptcy Court issued an order declaring the Reorganization Plan effective.
Reorganization Expense	Reorganization Expense—Reorganization items are expense or income items that were incurred or realized by the Frisco Debtors as a result of the 2012 restructuring and are presented separately in the consolidated statements of operations and comprehensive loss.
Investment Impairment	Investment Impairment
	For all of our real estate and real estate related investments, we monitor events and changes in circumstances indicating that the carrying amounts of the real estate assets may not be recoverable. Examples of the types of events and circumstances that would cause management to assess our assets for potential impairment include, but are not limited to: a significant decrease in the market price of an asset; a significant change in the manner in which the asset is being used; an accumulation of costs in excess of the acquisition basis plus construction of the property; major vacancies and the resulting loss of revenues; natural disasters; a change in the projected holding period; legitimate purchase offers and changes in the global and local markets or economic conditions. Our assets may at times be concentrated in limited geographic locations and, to the extent that our portfolio is concentrated in limited geographic locations, downturns specifically related to such regions may result in tenants defaulting on their lease obligations at a portion of our properties within a short time period, which may result in asset impairments.
	When such events or changes in circumstances are present, we assess potential impairment by comparing estimated future undiscounted operating cash flows expected to be generated over the life of the asset and from its eventual disposition to the carrying amount of the asset. These projected cash flows are prepared internally by the Advisor and reflect in-place and projected leasing activity, market revenue and expense growth rates, market capitalization rates, discount rates, and changes in economic and other relevant conditions. The Principal Executive Officer and Principal Financial Officer of the Company, as well as a panel of asset managers and financial analyst of the Advisor, review these projected cash flows to assure that the valuation is prepared using reasonable inputs and assumptions that are consistent with market data and with assumptions that would be used by a third-party market participant and assume the highest and best use of the investment. We consider trends, strategic decisions regarding future development plans, and other factors in our assessment of whether impairment conditions exist. In the event that the carrying amount exceeds the estimated future undiscounted operating cash flows, we recognize an impairment loss to adjust the carrying amount of the asset to estimated fair value. While we believe our estimates of future cash flows are reasonable, different assumptions regarding factors such as market rents, economic conditions, and occupancy rates could significantly affect these estimates.
	We also evaluate our investments in notes receivable as of each reporting date. If we believe that it is probable we will not collect all principal and interest in accordance with the terms of the notes, we consider the loan impaired. When evaluating loans for potential impairment, we compare the carrying amount of the loans to the present value of future cash flows discounted at the loans effective interest rate, or, if a loan is collateral dependent, to the estimated fair value of the related collateral net of any senior loans. For impaired loans, a provision is made for loan losses to adjust the reserve for loan losses. The reserve for loan losses is a valuation allowance that reflects our current estimate of loan losses as of the balance sheet date. The reserve is adjusted through the provision for loan losses account on our consolidated statements of operations.
	In evaluating our investments for impairment, management may use appraisals and make estimates and assumptions, including, but not limited to, the projected date of disposition of the properties, the estimated future cash flows of the properties during our ownership, planned development and the projected sales price of each of the properties. A future change in these estimates and assumptions could result in understating or overstating the book value of our investments, which could be material to our financial statements.
	We also evaluate our investments in unconsolidated joint ventures at each reporting date. If we believe there is an other than temporary decline in market value, we will record an impairment charge based on these evaluations. We assess potential impairment by comparing our portion of estimated future undiscounted operating cash flows expected to be generated by the joint venture over the life of the joint venture's assets to the carrying amount of the joint venture. In the event that the carrying amount exceeds our portion of estimated future undiscounted operating cash flows, we recognize an impairment loss to adjust the carrying amount of the joint venture to its estimated fair value.
	The value of our properties held for development depends on market conditions, including estimates of the project start date, as well as estimates of future demand for the property type under development. We have analyzed trends and other information related to each potential development and incorporated this information, as well as our current outlook, into the assumptions we use in our impairment analyses. Due to the judgment and assumptions applied in the estimation process with respect to impairments, including the fact that limited market information regarding the value of comparable land exists at this time, it is possible actual results could differ substantially from those estimated.
	We believe the carrying value of our operating real estate assets, our properties under development, investments in unconsolidated joint ventures, and notes receivable is currently recoverable. However, if market conditions worsen beyond our current expectations, or if our assumptions regarding expected future cash flows from the use and eventual disposition of our assets decrease or our expected hold periods decrease, or if changes in our development strategy significantly affect any key assumptions used in our fair value calculations, we may need to take additional charges in future periods for impairments related to existing assets. Any such non-cash charges would have an adverse effect on our consolidated financial position and results of operations.
Deferred Financing Fees	Deferred Financing Fees
	Deferred financing fees are recorded at cost and are amortized to interest income for notes receivable and interest expense for notes payable using a straight-line method that approximates the effective interest method over the life of the related debt. Accumulated amortization of deferred financing fees was $1 million and $1.7 million as of December 31, 2014 and December 31, 2013, respectively.
Derivative Financial Instruments	Derivative Financial Instruments
	Our objective in using derivatives is to add stability to interest expense and to manage our exposure to interest rate movements or other identified risks and to minimize the variability caused by foreign currency translation risk related to our net investment in foreign real estate. To accomplish these objectives, we use various types of derivative instruments to manage fluctuations in cash flows resulting from interest rate risk attributable to changes in the benchmark interest rate of London Interbank Offer Rate ("LIBOR"). These instruments include LIBOR-based interest rate swaps and caps. For our net investments in foreign real estate, we may use foreign exchange put/call options to eliminate the impact of foreign currency exchange movements on our financial position.
	We measure our derivative instruments and hedging activities at fair value and record them as an asset or liability, depending on our rights or obligations under the applicable derivative contract. For derivatives designated as fair value hedges, the changes in the fair value of both the derivative instrument and the hedged items are recorded in earnings. Derivatives used to hedge the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. For derivatives designated as cash flow hedges, the effective portions of changes in fair value of the derivatives are reported in other comprehensive income (loss) and are subsequently reclassified into earnings when the hedged item affects earnings. For derivatives designated as net investment hedges, changes in fair value are reported in other comprehensive income (loss) as part of the foreign currency translation gain or loss. Changes in fair value of derivative instruments not designated as hedges and ineffective portions of hedges are recognized in earnings in the affected period. We assess the effectiveness of each hedging relationship by comparing the changes in fair value or cash flows of the derivative hedging instrument with the changes in fair value or cash flows of the designated hedged item or transaction.
	As of December 31, 2014, we do not have any derivatives designated as fair value hedges, nor are derivatives being used for trading or speculative purposes.
Foreign Currency Translation	Foreign Currency Translation
	For our international investments where the functional currency is other than the U.S. dollar, assets and liabilities are translated using period-end exchange rates, while the statement of operations amounts are translated using the average exchange rates for the respective period. Differences arising from the translation of assets and liabilities in comparison with the translation of the previous periods or from initial recognition during the period are included as a separate component of accumulated other comprehensive income (loss).
	The Euro is the functional currency for the operations of our Central Europe Joint Venture. We also maintain Euro-denominated bank accounts that are translated into U.S. dollars at the current exchange rate at each reporting period. The resulting translation adjustments are recorded as a separate component of accumulated other comprehensive income (loss) in our consolidated statements of equity. The foreign currency translation adjustments were a loss of $2.3 million for the year ended December 31, 2014 and gains of $1.4 million and $0.2 million for the years ended December 31, 2013 and 2012, respectively.
	On April 5, 2013, we sold Becket House and the lender accepted the net sales proceeds of $19.8 million as full satisfaction of the outstanding debt of $27.7 million.  As a result, $8.1 million was recorded as a gain on troubled debt restructuring and is included in discontinued operations.  Additionally, due to the sale of Becket House, $3.6 million was reclassified from unrealized foreign currency translation loss to net loss and is included in discontinued operations.
Accumulated Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss)
Revenue Recognition		Revenue Recognition
		We recognize rental income generated from leases on real estate assets on a straight-line basis over the terms of the respective leases, including the effect of rent holidays, if any. Straight-line rental revenue of $0.4 million, $0.7 million and $0.8 million was recognized in rental revenues for the years ended December 31, 2014, 2013, and 2012, respectively. Hotel revenue is derived from the operations of The Lodge & Spa at Cordillera and Chase Park Plaza Hotel and consists of guest room, food and beverage, and other revenue, and is recognized as the services are rendered.
		Revenues from the sales of condominiums are recognized when sales are closed and title passes to the new owner, the new owner's initial and continuing investment is adequate to demonstrate a commitment to pay for the condominium, the new owner's receivable is not subject to future subordination, and we do not have a substantial continuing involvement with the new condominium. Amounts received prior to closing on sales of condominiums are recorded as deposits in our financial statements.
		We recognize interest income from notes receivable on an accrual basis over the life of the loan using the interest method. Direct loan origination fees and origination or acquisition costs, as well as acquisition premiums or discounts, are amortized over the life of the loan as an adjustment to interest income. We will stop accruing interest on loans when there is concern as to the ultimate collection of principal or interest of the loan. In the event that we stop accruing interest on a loan, we will generally not recognize subsequent interest income until cash is received or we make the decision to restart interest accrual on the loan.
Income Taxes	Income Taxes
	We elected to be taxed, and qualified, as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the "Code"), beginning with the year ended December 31, 2006. We are organized and operate in such a manner as to qualify for taxation as a REIT under the Code, and we intend to continue to operate in such a manner, but no assurance can be given that we will operate in a manner so as to qualify or remain qualified as a REIT. To qualify as a REIT, we must meet a number of organizational and operational requirements, including a requirement that we distribute at least 90% of our REIT taxable income to our stockholders. As a REIT, we generally will not be subject to federal income tax at the corporate level except for the operations of our wholly owned taxable REIT subsidiaries. Taxable income from non-REIT activities managed through a taxable REIT subsidiary ("TRS") is subject to applicable federal, state, and local income and margin taxes. We have no taxable income associated with a TRS. Our operating partnerships are flow-through entities and are not subject to federal income taxes at the entity level. We have two TRS that own and/or provide management and development services to certain of our investments in real estate and real estate under development.
	We have reviewed our tax positions under GAAP guidance that clarifies the relevant criteria and approach for the recognition and measurement of uncertain tax positions. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition of a tax position taken, or expected to be taken, in a tax return. A tax position may only be recognized in the financial statements if it is more likely than not that the tax position will be sustained upon examination. We believe it is more likely than not that the tax positions taken relative to our status as a REIT will be sustained in any tax examination. We believe that it is more likely than not that the tax positions taken relative to the TRS will be sustained in any tax examination.
	For the years ended December 31, 2014, 2013, and 2012, we recognized a current and deferred tax provision of $0.1 million, less than $0.1 million and $0.2 million, respectively, related to the Texas margin tax.
	Taxable income differs from net income for financial reporting purposes principally because of differences in the timing of recognition of depreciation, rental revenue, compensation expense, impairment losses and gain from sales of property. As a result of these differences, the tax basis of our fixed assets exceeds the book value by $176.3 million at December 31, 2014 and $131.5 million at December 31, 2013.
Stock-Based Compensation	Stock-Based Compensation
	We have a stock-based incentive award plan for our directors and consultants and for employees, directors, and consultants of our affiliates. Awards are granted at the fair market value on the date of grant with fair value estimated using the Black-Scholes-Merton option valuation model, which incorporates assumptions surrounding volatility, dividend yield, the risk-free interest rate, expected life, and the exercise price as compared to the underlying stock price on the grant date. The tax benefits associated with these share-based payments are classified as financing activities in the consolidated statement of cash flows. For the years ended December 31, 2014, 2013, and 2012, we had no significant cost related to our incentive award plan.
Concentration of Credit Risk	Concentration of Credit Risk
	At December 31, 2014 and 2013, we had cash and cash equivalents deposited in certain financial institutions in excess of federally insured levels. We have diversified our cash and cash equivalents between several banking institutions in an attempt to minimize exposure to any one of these entities. We regularly monitor the financial stability of these financial institutions and believe that we are not exposed to any significant credit risk in cash and cash equivalents or restricted cash.
Geographic Concentration	Geographic Concentration
	At any one time, a significant portion of our consolidated investments could be in one property class or concentrated in one or several geographic regions. For the year ended December 31, 2014, excluding mineral rights we received in 2014 of $0.1 million on a parcel of land we sold in 2013, 56%, 36% and 8% of our total revenues were derived from properties in Missouri, Texas and Colorado, respectively. Additionally, excluding mineral rights we received in 2014 of $0.1 million on a parcel of land we sold in 2013, 64%, 31% and 5% of our total revenues for the year ended December 31, 2014 were from our three asset types, hotel, office building and multifamily. To the extent that our portfolio is concentrated in limited geographic regions, types of assets, industries or business sectors, downturns relating generally to such region, type of asset, industry or business sector may result in defaults by our tenants within a short time period, which may reduce our net income and the value of our common stock and accordingly limit our ability to fund our operations.
Noncontrolling Interest	Noncontrolling Interest
	Noncontrolling interest represents the noncontrolling ownership interest's proportionate share of the equity in our consolidated real estate investments. Income and losses are allocated to noncontrolling interest holders based on their ownership percentage.
Reportable Segments	Reportable Segments
	We have determined that we have one reportable segment, with activities related to the ownership, development and management of real estate assets. Our income producing properties generated 100% of our consolidated revenues for the years ended December 31, 2014, 2013 and 2012. Our chief operating decision maker evaluates operating performance on an individual property level. Therefore, our properties are aggregated into one reportable segment.
Earnings per Share	Earnings (loss) per Share
	Earnings (loss) per share is calculated based on the weighted average number of shares outstanding during each period. As of each of the periods ended December 31, 2014, 2013, and 2012, we had options to purchase 75,000 shares of common stock outstanding at a weighted average exercise price of $7.50, respectively. These options are excluded from the calculation of earnings (loss) per share for the years ended December 31, 2014, 2013 and 2012 because the effect would be anti-dilutive.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of anticipated amortization expense associated with the acquired lease intangibles and acquired other intangible assets	Anticipated amortization expense associated with the acquired lease intangibles for each of the following five years ended December 31 is as follows (in thousands):
		Lease
		Intangibles
	2015	$	312
	2016	300
	2017	300
	2018	127
	2019	41
Schedule of accumulated depreciation and amortization related to the consolidated investments in real estate assets and intangibles	Accumulated depreciation and amortization related to our consolidated investments in real estate assets and intangibles were as follows (in thousands):
	31-Dec-14	Buildings and			Land and			Lease			Acquired			Other
		Improvements			Improvements			Intangibles			Below-Market			Intangibles
											Leases
	Cost	$	195,348		$	68,915		$	11,329		$	(3,312	)	$	9,626
	Less: depreciation and amortization	(47,547		)	(1,711		)	(7,001		)	2,228			(4,825		)
	Net	$	147,801		$	67,204		$	4,328		$	(1,084	)	$	4,801
	December 31, 2013	Buildings and			Land and			Lease			Acquired			Other
		Improvements			Improvements			Intangibles			Below-Market			Intangibles
											Leases
	Cost	$	210,980		$	72,646		$	11,022		$	(3,578	)	$	9,626
	Less: depreciation and amortization	(47,249		)	(1,402		)	(5,929		)	2,141			(4,230		)
	Net	$	163,731		$	71,244		$	5,093		$	(1,437	)	$	5,396

Assets_and_Liabilities_Measure1

Assets and Liabilities Measured at Fair Value (Tables)	12 Months Ended
	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Schedule of assets measured at fair value on a nonrecurring basis	The following fair value hierarchy table presents information about our assets measured at fair value on a nonrecurring basis during the periods presented (in thousands):
	As of December 31, 2014		Level 1		Level 2			Level 3		Total Fair Value		Gain /
												(Loss)
	Assets
	Buildings and improvements, net		$	—	$	—		$	19,397	$	19,397	$	(9,371	)
	As of December 31, 2013		Level 1		Level 2			Level 3		Total Fair Value		Gain /
												(Loss)(1)
	Assets
	Land and improvements, net		$	—	$	1,523		$	—	$	1,523	$	(119	)
	Condominium inventory (finished units)		—		—			3,158		3,158		(264		)
	Other intangibles		—		—			—		—		(244		)
			$	—	$	1,523		$	3,158	$	4,681	$	(627	)
	______________________________________________________________________________
	-1	Excludes $0.3 million in impairment losses recorded in the first quarter of 2013 and included in discontinued operations for Becket House that was disposed of as of December 31, 2013.
	Quantitative Information about Level 3 Fair Value Measurements
	Description		Fair Value		Valuation		Unobservable Input	Range
			at December 31, 2014 (in 000s)		Techniques			(Weighted Average)
	Buildings and improvements, net		$	19,397	Discounted cash flow		Discount rate	9.75%
							Terminal capitalization rate	8.75%
							Market rent growth	0% - 3.00%
							Expense growth rate	0% - 3.00%
	________________________________
	-1	In the fourth quarter of 2014, we recorded an impairment of $9.4 million associated with our Northborough office building.
	Quantitative Information about Level 3 Fair Value Measurements
	Description		Fair Value		Valuation		Unobservable Input	Range (Weighted Average)
			at December 31, 2013 (in 000s)		Techniques
	Condominium inventory (finished units)(1)		$	3,158	Market comparable		Amount per condo unit due to limited market comparables	$455 to $607 per square feet
	________________________________
	-1	In the fourth quarter of 2013, we recorded an impairment of $0.3 million associated with units sold. We had one unit remaining in inventory when the impairment charge was recorded in 2013. This unit remains in our inventory with a carrying value at December 31, 2014 of $3 million.

Real_Estate_Investments_Tables

Real Estate Investments (Tables)	12 Months Ended
	Dec. 31, 2014													Dec. 31, 2013
Real Estate [Abstract]
Schedule of information about consolidated properties	The following table presents certain information about our consolidated properties as of December 31, 2014:
	Property Name	Location		Approximate			Description		Ownership		Year
				Rentable					Interest		Acquired
				Square Footage (Unaudited)
	Chase Park Plaza	St. Louis, Missouri		—			hotel and condominium development property		100%	-1	2006
	Las Colinas Commons	Irving, Texas		239,000			3-building office complex		100%		2006
	Frisco Square	Frisco, Texas		(2	)		mixed-use development		-2		2007
							(multifamily, retail, office, restaurant and land)
	Northpoint Central	Houston, Texas		180,000			9-story office building		100%		2007
	The Lodge & Spa at Cordillera	Edwards, Colorado		—			land, hotel and development property		94%		2007
	Northborough Tower	Houston, Texas		207,000			14-story office building		100%		2008
	Royal Island(3)	Commonwealth of Bahamas		—			land		87%		2012
	_____________________________________________________________________________
	-1	On August 5, 2014, we received the 5% interests of Chase Park Plaza Hotel and Chase — The Private Residences held by Kingsdell, L.P. and now own 100% of the entities.
	-2	Our Frisco Square mixed-use development consists of 101,000 square feet of office space, 71,000 square feet of retail, a 41,500 square foot movie theater, 114 multifamily units, approximately 27 acres of land which we own 100%, and a 3.4 acre multifamily project in development in which we own a 90% interest.
	-3	Our initial investment in Royal Island was made in May 2007. We consolidated Royal Island as of June 6, 2012 when we obtained all of the outstanding shares of Royal Island (Australia) Pty Limited. A third party indirectly owns 12.71% of Royal Island.
Summary of amounts of identified assets acquired at acquisition date														The following table summarizes the amounts of identified assets and liabilities consolidated on February 19, 2013 (in thousands):
															Chase Park Plaza Hotel
														Cash	$	143
														Account receivable(1)	2,007
														Receivable from related party	36
														Prepaid expenses and other assets	463
														Total identifiable net assets	$	2,649
														Accounts payable	$	1,308
														Accrued and other liabilities	1,341
														Total identifiable net liabilities	$	2,649
														________________________________
														(1)	As of the date that the hotel lease was terminated, the payables related to the hotel’s operations exceeded the receivables and cash on hand.  Under the lease agreement, Kingsdell L.P., as lessee, is responsible for payment of negative working capital.  We have reserved $1.3 million related to the lease agreement as bad debt in the accompanying consolidated statements of operations related to receivables associated with estimated working capital shortfalls.
Schedule of unaudited pro forma	Chase Park Plaza Hotel contributed a net loss of $0.7 million to our consolidated statements of operations for the period from February 19, 2013 through December 31, 2013.  The following unaudited pro forma summary presents financial information as if the hotel operations had been consolidated on January 1, 2012 (in thousands, except per share amounts):
			Unaudited Pro Forma for the Twelve Months Ended December 31,
			2013				2012
	Rental revenue		$	20,007			$	19,634
	Hotel revenue		33,313				30,497
	Property operating expenses		11,127				10,369
	Hotel operating expenses		25,331				22,788
	Bad debt expense(1)		498				1,256
	Net loss		(18,537		)		(56,784		)
	Net loss per share		$	(0.33	)		$	(1.01	)
	______________________________
	(1) 2012 bad debt expense of approximately $1.3 million related to receivables associated with estimated working capital shortfalls.
	These unaudited pro forma amounts have been calculated after applying our accounting policies and adjusting the results of Chase Park Plaza Hotel to reflect the elimination of the lease rental revenue and the consolidation of the hotel operations as if it had been applied from January 1, 2012.
Schedule of information about unconsolidated investments	Investment in Unconsolidated Joint Venture
	The following table presents certain information about our unconsolidated investment as of December 31, 2014 and 2013 (in thousands):
		Ownership Interest(1)			Carrying Value of Investment
	Property Name				December 31, 2014				December 31, 2013
	Central Europe Joint Venture	47.01	%		$	15,948			$	18,495
Schedule of proportionate share of combined assets and liabilities of investment properties	Our investment in the unconsolidated joint venture as of December 31, 2014 and 2013 consisted of our proportionate share of the combined assets and liabilities of our investment property shown at 100% as follows (in thousands):
		December 31,				December 31,
		2014				2013
	Real estate assets, net	$	88,681			$	108,795
	Cash and cash equivalents	3,872				3,627
	Other assets	1,872				2,022
	Total assets	$	94,425			$	114,444
	Notes payable	$	65,373			$	80,968
	Other liabilities	3,239				3,139
	Total liabilities	68,612				84,107
	Equity	25,813				30,337
	Total liabilities and equity	$	94,425			$	114,444
Schedule of proportionate share of combined losses of unconsolidated joint ventures	Our equity in earnings or losses from our investment is our proportionate share of the combined earnings or losses of our unconsolidated joint ventures for the years ended December 31, 2014, 2013, and 2012 shown at 100% as follows (in thousands):
		Year Ended December 31,
		2014				2013				2012
	Revenue	$	10,696			$	11,259			$	12,117
	Operating expenses:
	Operating expenses	2,487				2,846				4,570
	Property taxes	321				323				(123		)
	Total operating expenses	2,808				3,169				4,447
	Operating income	7,888				8,090				7,670
	Non-operating expenses:
	Depreciation and amortization	4,225				4,752				5,206
	Impairment charges	—				5,913			-1	5,780			-1
	Interest and other, net	3,743				1,029				15,235			-2
	Gain on sale	(442		)		—				—
	Total non-operating expenses	7,526				11,694				26,221
	Net income (loss)	$	362			$	(3,604	)		$	(18,551	)
	Equity in earnings (losses) of unconsolidated joint ventures(3)	$	170			$	(1,694	)		$	(6,938	)
	_______________________________________________________________________________
	-1	Our Central Europe Joint Venture recorded impairment charges of approximately $5.9 million and $5.8 million during the years ended December 31, 2013 and 2012, respectively.
	-2	Year ending December 31, 2012 includes the activity related to Royal Island for the period prior to June 6, 2012 when we began consolidating the operations of Royal Island (a loss of $3.2 million), and the activity for Santa Clara 800 which was sold on May 4, 2012 (a loss of $0.1 million).
	-3	Company's share of net income (loss).

Notes_Payable_Tables

Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of notes payable on consolidated properties, including debt obligations of properties	The following table sets forth our notes payable on our consolidated properties, including the debt obligations of properties we consolidate at December 31, 2014 and 2013 (in thousands):
		Notes Payable as of
	Description	December 31,			December 31,		Interest Rate	Maturity
		2014			2013			Date
	Northborough Tower	$	19,071		$	19,600	5.67%	1/11/16
	Royal Island(1)	13,872			12,907		15.00%	10/10/16
	Northpoint Central	15,574			15,813		5.15%	5/9/17
	Las Colinas Commons	11,484			11,661		5.15%	5/9/17
	Chase Park Plaza Hotel and Chase—The Private Residences(2)	62,500			46,511		4.95%(2)	8/11/17
	BHFS II, LLC	6,962			7,083		30-day LIBOR + 3%(3)	2/1/18
	BHFS III, LLC	6,250			6,358		30-day LIBOR + 3%(3)	2/1/18
	BHFS IV, LLC	12,983			13,208		30-day LIBOR + 3%(3)	2/1/18
	BHFS Theatre, LLC	4,860			4,944		30-day LIBOR + 3%(3)	2/1/18
		$	153,556		$	138,085
	_______________________________________________________________________________
	-1	In February 2013, the lenders agreed to increase the amount available to draw on the loan to $11.6 million. In June 2013, the lenders further increased the amount available to draw to $12.4 million. Beginning in October 2013 and through June 2014, the lenders increased the availability each month by the amount of the monthly operating costs.  The lender ceased funding the monthly operating costs in July 2014. As of December 31, 2014, the outstanding balance on the loan was $13.9 million. See below New Financing and Modification.
	-2	On August 11, 2014, we refinanced the Chase Park Plaza Hotel debt with a new lender for $62.5 million in proceeds. The interest rate went from 30-day London Interbank Offer Rate (“LIBOR”) +6.75%, with LIBOR subject to a floor of 0.75%, to a fixed rate of 4.95% on the new debt. See below for additional terms of the new loan.
	-3	30-day LIBOR was 0.16% at December 31, 2014.
Schedule of aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale	The following table summarizes our aggregate contractual obligations for principal payments as of December 31, 2014 (in thousands):
	Principal Payments Due:		Amount
	2015		$	2,168
	2016		35,871
	2017		85,916
	2018		29,413
	2019		—
	Thereafter		—
	Total contractual obligations		153,368
	Unamortized premium		188
	Total		$	153,556

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2014
Derivatives designated as hedging instruments
Derivative financial instruments
Effect of derivative financial instruments on condensed consolidated statements of operations	The table below presents the effect of our derivative financial instruments on the consolidated statements of operations for the periods ended December 31, 2014 and 2013:
		Derivatives Not Designated as Hedging Instruments
		Amount of Loss
		Year Ended December 31,
		2014		2013
	Interest rate	$	86	$	90
Derivatives not designated as hedging Instruments
Derivative financial instruments
Effect of derivative financial instruments on condensed consolidated statements of operations
		Derivatives Not Designated as Hedging Instruments
		Amount of Loss
		Year Ended December 31,
		2014		2013
	Interest rate	$	86	$	90

Leasing_Activity_Tables

Leasing Activity (Tables)	12 Months Ended
	Dec. 31, 2014
Leases [Abstract]
Schedule of future minimum base rental payments due to non-cancelable leases	Future minimum base rental payments of our office properties due to us under non-cancelable leases in effect as of December 31, 2014 for our consolidated properties are as follows (in thousands):
	Year	Future
		Minimum
		Base Rental
		Payments
	2015	$	16,001
	2016	14,815
	2017	13,431
	2018	6,573
	2019	3,625
	2020	2,128
	2021	2,021
	2022	1,409
	2023	1,130
	2024	703
	Thereafter	651
	Total	$	62,487
Schedule of Significant Tenant Leases	he Green Tree Servicing lease has two 5-year renewal options available under the respective leases. Neither of the leases have an early termination provision.

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of outstanding options	The following table summarizes the outstanding options, options granted, exercised, and forfeited or expired, as well as the corresponding weighted average exercise prices, for the years ended December 31, 2014, 2013 and 2012:
	Options	Shares			Weighted-
					Average
					Exercise Price
	Outstanding at January 1, 2012	79,792			$	8.53
	Granted	15,000			4.12
	Exercised	—
	Forfeited or expired	(19,792	)		9.1
	Outstanding at December 31, 2012	75,000			7.5
	Granted	—
	Exercised	—
	Forfeited or expired	—
	Outstanding at December 31, 2013	75,000			7.5
	Granted	—
	Exercised	—
	Forfeited or expired	—
	Outstanding at December 31, 2014	75,000		-1	7.5
	Exercisable at December 31, 2014	75,000			7.5
	_______________________________________________________________________________
	(1) The remaining contractual life of the outstanding options is

Supplemental_Cash_Flow_Informa1

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2014
Supplemental Cash Flow Information [Abstract]
Schedule of supplemental cash flow information	Supplemental cash flow information is summarized below for the years ended December 31, 2014, 2013, and 2012:
		Year ended December 31,
		2014		2013			2012
	Supplemental disclosure:
	Interest paid, net of amounts capitalized	$	7,188	$	11,414		$	11,902
	Reorganization expenses paid	—		768			1,112
	Income taxes paid, net of refunds	135		198			113
	Non-cash investing and financing activities:
	Property and equipment additions and purchases of real estate in accrued liabilities	1,479		1,353			184
	Capital expenditures for real estate under development in accounts payable and accrued liabilities	1,817		47			215
	Additions to real estate under development reclassified from land	3,346		—			—
	Additions to land and land improvements reclassed from real estate under development	170		—			—
	Additions to furniture, fixtures and equipment reclassed from real estate under development	211		—			—
	Amortization of deferred financing fees in properties under development	31		—			33
	Transfer of noncontrolling interest	2,136		—			2,424
	Capitalized deferred financing costs in accrued liabilities	31		—			319
	Consolidation of properties:
	Real estate and lease intangibles	—		—			24,000
	Restricted Cash	—		—			493
	Notes receivable	—		—			(18,037		)
	Other assets and liabilities, net	—		—			(6,468		)
	Consolidation of hotel operations with no consideration paid:
	Assets consolidated	—		(2,649		)	—
	Liabilities consolidated	—		2,649			—

Discontinued_Operations_and_Re1

Discontinued Operations and Real Estate Held for Sale (Tables)	12 Months Ended
	Dec. 31, 2013
Discontinued Operations and Real Estate Held for Sale
Schedule of disposition of real estate properties	The following table summarizes the disposition of our properties during 2012 and 2013 (in millions):
	Property Name		Date of Disposition		Contract Sales Price
	Santa Clara 700/750 Joint Venture		May 18, 2012		$	47.8
	Tanglewood at Voss		May 29, 2012		52.5
	5000 S. Bowen Road		August 16, 2012		25.9
	Bent Tree Green		October 16, 2012		12
	Becket House		April 5, 2013		19.8
	Rio Salado		May 28, 2013		9.3
	4950 S. Bowen Road		22-Oct-13		1.6
Schedule of discontinued operations in the condensed consolidated statements of operations and other comprehensive loss	We classified the results of operations for the properties above (except for Rio Salado and 4950 S. Bowen Road which represented land-only interests) into discontinued operations in the accompanying consolidated statements of operations and comprehensive loss, as summarized in the following table (in thousands):
		Year Ended December 31,
		2013				2012
	Revenues
	Rental revenue	$	514			$	9,043
	Expenses
	Property operating expenses	189				2,489
	Bad debt expense	(111		)		197
	Interest expense	633				5,053
	Real estate taxes	(21		)		1,153
	Impairment charge	305				1,263
	Property management fees	24				300
	Asset management fees	16				386
	Depreciation and amortization	—				3,087
	Total expenses	1,035				13,928
	Interest Income	(2		)		(4		)
	Realized loss on currency translation adjustment(1)	(3,624		)		—
	Gain on troubled debt restructuring(1)	8,132				—
	Loss on early extinguishment of debt(2)	—				(1,379		)
	Gain on sale of real estate property	—				11,996
	Income from discontinued operations	3,985				5,728
	(Income) loss attributable to noncontrolling interests	(1,460		)		449
	Income from discontinued operations attributable to the Company	$	2,525			$	6,177
	_______________________________________________________________________________
	-1	Due to the sale of Becket House on April 5, 2013, $3.6 million was reclassified from unrealized foreign currency translation loss in OCI to net loss and $8.1 million was recorded as a gain on troubled debt restructuring.
	-2	Loss on early extinguishment of debt was approximately $1.4 million and represents premiums paid and the write-off of unamortized debt issuance costs related to 5000 S. Bowen Road.

Quarterly_Results_Unaudited_Ta

Quarterly Results (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Summary of the unaudited quarterly financial information	Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2014 and 2013 (in thousands, except per share amounts):
		2014 Quarters Ended
		March 31			June 30			September 30			December 31
	Revenue	$	12,418		$	15,009		$	14,838		$	13,222
	Loss from continuing operations	(4,270		)	(2,907		)	(3,546		)	(13,697		)	-1
	Gain on sale of real estate	—			476			—			—
	Add: Net loss attributable to the noncontrolling interest	97			104			104			109
	Net loss attributable to common stockholders	(4,173		)	(2,327		)	(3,442		)	(13,588		)
	Basic and diluted weighted average shares outstanding	56,500			56,500			56,500			56,500
	Basic and diluted loss per share	$	(0.08	)	$	(0.04	)	$	(0.06	)	$	(0.24	)
	__________________________
	-1	During the fourth quarter of 2014, we recorded a non-cash impairment charge of $9.4 million related to our Northborough office building based upon a shortened estimated hold period because of market conditions in Houston, Texas, an energy hub. The energy sector recently experienced a significant decline in oil prices which could have an adverse impact on the results at this office building.
		2013 Quarters Ended
		March 31			June 30			September 30			December 31
	Revenue	$	10,461		$	14,381		$	13,720		$	16,506
	Loss from continuing operations	(6,663		)	(5,227		)	(7,434		)	(4,121		)
	Income (loss) from discontinued operations	(645		)	4,534			—			96
	Gain (loss) on sale of real estate	—			95			—			(9		)
	Add: Net (income) loss attributable to the noncontrolling interest	219			(1,492		)	221			170
	Net loss attributable to common stockholders	(7,089		)	(2,090		)	(7,213		)	(3,864		)
	Basic and diluted weighted average shares outstanding	56,500			56,500			56,500			56,500
	Basic and diluted loss per share	$	(0.12	)	$	(0.04	)	$	(0.13	)	$	(0.07	)

Business_and_Organization_Deta

Business and Organization (Details)	12 Months Ended
	Dec. 31, 2014
Wholly owned properties
Business
Number of properties	4
Consolidated properties
Business
Number of properties	3
Investment in notes receivable
Business
Number of properties	1
Equity method investments | Wholly owned properties
Business
BHO, Inc., percentage ownership interest in Behringer Harvard OP I (less than)	0.10%
Noncontrolling Interest in Joint Venture | Equity method investments | Unconsolidated properties
Business
Number of properties	21

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Reclassification) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accounting Policies [Abstract]
Direct costs of owned hotels	$26,253	$23,091	$4,807

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Estimated Useful Lives) (Details)	12 Months Ended
	Dec. 31, 2014
Commercial office property
Real Estate
Estimated useful lives	25 years
Hotel/mixed-use property
Real Estate
Estimated useful lives	39 years
Furniture and Fixtures [Member] | Minimum
Real Estate
Estimated useful lives	5 years
Furniture and Fixtures [Member] | Maximum
Real Estate
Estimated useful lives	7 years

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Intangible Assets) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Leases
Accumulated amortization of deferred financing fees	1,000,000	$1,700,000
Finite-Lived Trademarks, Gross	312,000
Finite-Lived Intangible Assets, Amortization Expense, Year Two	300,000
Lease/Other Intangibles
2016	300,000
2017	127,000
2018	41,000
Lease acquired in-place | Minimum
Leases
Estimated remaining useful lives for acquired lease intangibles	1 year
Lease acquired in-place | Maximum
Leases
Estimated remaining useful lives for acquired lease intangibles	8 years
Trade names
Leases
Estimated remaining useful lives for acquired lease intangibles	20 years

Summary_of_Significant_Account6

Summary of Significant Accounting Policies (Accumulated Depreciation and Amortization) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Real Estate
Total real estate	$229,300,000	$235,880,000
Lease intangibles, net	4,328,000	5,093,000
Other intangibles, net	4,801,000	5,396,000
Acquired below-market leases, net	-1,084,000	-1,437,000
Lease Intangibles
Real Estate
Cost	11,329,000	11,022,000
Less: depreciation and amortization	-7,001,000	-5,929,000
Lease intangibles, net	4,328,000	5,093,000
Acquired Below-Market Leases
Real Estate
Cost	-3,312,000	-3,578,000
Less: depreciation and amortization	2,228,000	2,141,000
Acquired below-market leases, net	-1,084,000	-1,437,000
Other intangibles
Real Estate
Cost	9,626,000	9,626,000
Less: depreciation and amortization	-4,825,000	-4,230,000
Other intangibles, net	4,801,000	5,396,000
Buildings and Improvements
Real Estate
Cost	195,348,000	210,980,000
Less: depreciation and amortization	-47,547,000	-47,249,000
Total real estate	147,801,000	163,731,000
Land and improvements, net
Real Estate
Cost	68,915,000	72,646,000
Less: depreciation and amortization	-1,711,000	-1,402,000
Total real estate	$67,204,000	$71,244,000

Summary_of_Significant_Account7

Summary of Significant Accounting Policies (Inventory, Receivables and PPE) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Condominium Inventory
Impairment charge	$9,371,000	$363,000	$7,290,000
Reclassification of condominium inventory to land			700,000
Reclassification of condominium inventory to building			500,000
Accounts Receivable
Straight-line rental revenue	5,900,000	6,200,000
Accounts Receivable from Hotel Operators and Tenants Related to Consolidated Properties	2,300,000	3,400,000
Allowance for doubtful accounts receivable	200,000	2,400,000
Real estate held for sale
Furniture, Fixtures, and Equipment [Abstract]
Number of properties	0
Furniture, fixtures, and equipment
Furniture, Fixtures, and Equipment [Abstract]
Accumulated depreciation	$15,500,000	$14,300,000

Summary_of_Significant_Account8

Summary of Significant Accounting Policies (Other) (Details) (USD $)	0 Months Ended	12 Months Ended
	Apr. 05, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 01, 2012
		segment
		subsidiary
Deferred Financing Fees
Accumulated amortization of deferred financing fees		$1,000,000	$1,700,000
Foreign Currency Translation
Gain (loss) on foreign currency translation adjustment		2,300,000	1,400,000	-200,000
Proceeds from sale of real estate	19,800,000	1,743,000	30,563,000	122,969,000
Outstanding mortgage debt on real estate	27,700,000			0	31,280,000
Gain on troubled debt restructuring	8,100,000		8,132,000	0
Foreign currency translation loss reclassified to net loss	-3,600,000
Revenue Recognition
Straight-line rental revenue		400,000	700,000	800,000
Income Taxes
Required minimum percentage distribution of ordinary taxable income to stockholders to qualify as a REIT		90.00%
Number of taxable REIT subsidiaries		2
Tax basis of fixed assets exceeding book value		176,300,000	131,500,000
Stock-Based Compensation
Cost related to incentive award plan		0	0
Reportable Segments
Number of reportable segments		1
Percentage of consolidated revenues generated by income producing properties		100.00%	100.00%	100.00%
Earnings per Share
Anti-dilutive shares				75,000
Weighted average exercise price (in dollars per share)				$7.50
Texas
Income Taxes
Current State and Local Tax Expense (Benefit)		100,000	100,000	200,000
Deferred State and Local Income Tax Expense (Benefit)		$100,000	$100,000	$200,000

Summary_of_Significant_Account9

Summary of Significant Accounting Policies (Geographic Concentration) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	asset_type
Concentration Risk [Line Items]
Mineral rights	$0.10
Concentration risk (percent)	100.00%	100.00%	100.00%
Number of asset types	3
Geographic | Total revenues | Missouri
Concentration Risk [Line Items]
Concentration risk (percent)	56.00%
Geographic | Total revenues | Texas
Concentration Risk [Line Items]
Concentration risk (percent)	36.00%
Geographic | Total revenues | Colorado
Concentration Risk [Line Items]
Concentration risk (percent)	8.00%
Asset type | Total revenues | Hotel
Concentration Risk [Line Items]
Concentration risk (percent)	64.00%
Asset type | Total revenues | Office Building
Concentration Risk [Line Items]
Concentration risk (percent)	31.00%
Asset type | Total revenues | Multifamily
Concentration Risk [Line Items]
Concentration risk (percent)	5.00%

Assets_and_Liabilities_Measure2

Assets and Liabilities Measured at Fair Value (Recurring) (Details) (Recurring fair value measurements, USD $)	Dec. 31, 2013
Recurring fair value measurements
Assets and liabilities measured at fair value
Derivative financial instruments	$0

Assets_and_Liabilities_Measure3

Assets and Liabilities Measured at Fair Value (Nonrecurring) (Details) (USD $)	12 Months Ended			3 Months Ended			10 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Mar. 31, 2013	Apr. 05, 2013	Oct. 22, 2013
Assets and liabilities measured at fair value
Impairment charge	$9,371,000	$363,000	$7,290,000
Provision for loan loss related to notes receivable	0	0	12,249,000
Nonrecurring fair value measurements | Chase - The Private Residences
Assets and liabilities measured at fair value
Condominium inventory impairment charges				300,000
Impairment of intangible assets, related to real estate inventory				200,000
Nonrecurring fair value measurements | Becket House
Assets and liabilities measured at fair value
Impairment charge					300,000
Nonrecurring fair value measurements | Becket House | Discontinued operations
Assets and liabilities measured at fair value
Condominium inventory impairment charges						300,000
Nonrecurring fair value measurements | 4950 S Bowen Road | Continuing operations
Assets and liabilities measured at fair value
Condominium inventory impairment charges							$100,000

Assets_and_Liabilities_Measure4

Assets and Liabilities Measured at Fair Value (Fair Value Hierarchy) (Details) (USD $)	12 Months Ended			3 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Mar. 31, 2013
Assets and liabilities measured at fair value
Impairment charge	$9,371	$363	$7,290
Condominium inventory (finished units)
Assets and liabilities measured at fair value
Impairment charge				300
Nonrecurring fair value measurements
Assets and liabilities measured at fair value
Assets, fair value		4,681		4,681
Gain/(Loss)		-627
Nonrecurring fair value measurements | Becket House
Assets and liabilities measured at fair value
Impairment charge					300
Nonrecurring fair value measurements | Level 1
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Level 2
Assets and liabilities measured at fair value
Assets, fair value		1,523		1,523
Nonrecurring fair value measurements | Level 3
Assets and liabilities measured at fair value
Assets, fair value		3,158		3,158
Nonrecurring fair value measurements | Other intangibles
Assets and liabilities measured at fair value
Assets, fair value		0		0
Gain/(Loss)		-244
Nonrecurring fair value measurements | Other intangibles | Level 1
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Other intangibles | Level 2
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Other intangibles | Level 3
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Buildings and improvements, net
Assets and liabilities measured at fair value
Assets, fair value	19,397
Gain/(Loss)	-9,371
Nonrecurring fair value measurements | Buildings and improvements, net | Level 1
Assets and liabilities measured at fair value
Assets, fair value	0
Nonrecurring fair value measurements | Buildings and improvements, net | Level 2
Assets and liabilities measured at fair value
Assets, fair value	0
Nonrecurring fair value measurements | Buildings and improvements, net | Level 3
Assets and liabilities measured at fair value
Assets, fair value	19,397
Nonrecurring fair value measurements | Land and improvements, net
Assets and liabilities measured at fair value
Assets, fair value		1,523		1,523
Gain/(Loss)		-119
Nonrecurring fair value measurements | Land and improvements, net | Level 1
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Land and improvements, net | Level 2
Assets and liabilities measured at fair value
Assets, fair value		1,523		1,523
Nonrecurring fair value measurements | Land and improvements, net | Level 3
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Condominium inventory (finished units)
Assets and liabilities measured at fair value
Assets, fair value		3,158		3,158
Gain/(Loss)		-264
Nonrecurring fair value measurements | Condominium inventory (finished units) | Level 1
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Condominium inventory (finished units) | Level 2
Assets and liabilities measured at fair value
Assets, fair value		0		0
Nonrecurring fair value measurements | Condominium inventory (finished units) | Level 3
Assets and liabilities measured at fair value
Assets, fair value		$3,158		$3,158

Assets_and_Liabilities_Measure5

Assets and Liabilities Measured at Fair Value (Level 3 Fair Value Measurements) (Details) (USD $)	12 Months Ended			3 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013
Quantitative Information about Level 3 Fair Value Measurements
Impairment charge	$9,371,000	$363,000	$7,290,000
Amount of transfers between levels of fair value		0
Buildings and improvements, net | Northborough office building
Quantitative Information about Level 3 Fair Value Measurements
Impairment charge				9,400,000
Condominium inventory (finished units)
Quantitative Information about Level 3 Fair Value Measurements
Impairment charge					300,000
Number of units remaining in inventory	1			1
Condominium inventory, carrying value	3,000,000			3,000,000
Condominium inventory (finished units) | Minimum | Market comparable
Quantitative Information about Level 3 Fair Value Measurements
Amount per condo unit due to limited market comparables (in dollars per square foot)	455
Condominium inventory (finished units) | Maximum | Market comparable
Quantitative Information about Level 3 Fair Value Measurements
Amount per condo unit due to limited market comparables (in dollars per square foot)	607
Nonrecurring fair value measurements
Quantitative Information about Level 3 Fair Value Measurements
Assets, fair value		4,681,000			4,681,000
Nonrecurring fair value measurements | Buildings and improvements, net
Quantitative Information about Level 3 Fair Value Measurements
Assets, fair value	19,397,000			19,397,000
Nonrecurring fair value measurements | Buildings and improvements, net | Discounted cash flow
Quantitative Information about Level 3 Fair Value Measurements
Assets, fair value	19,397,000			19,397,000
Discount rate (percent)	9.75%
Terminal capitalization rate (percent)	8.75%
Nonrecurring fair value measurements | Buildings and improvements, net | Minimum | Discounted cash flow
Quantitative Information about Level 3 Fair Value Measurements
Market rent growth rate (percent)	0.00%
Expense growth rate (percent)	0.00%
Nonrecurring fair value measurements | Buildings and improvements, net | Maximum | Discounted cash flow
Quantitative Information about Level 3 Fair Value Measurements
Market rent growth rate (percent)	3.00%
Expense growth rate (percent)	3.00%
Nonrecurring fair value measurements | Condominium inventory (finished units)
Quantitative Information about Level 3 Fair Value Measurements
Assets, fair value		3,158,000			3,158,000
Nonrecurring fair value measurements | Condominium inventory (finished units) | Market comparable
Quantitative Information about Level 3 Fair Value Measurements
Assets, fair value		$3,158,000			$3,158,000

Fair_Value_Measurement_of_Fina1

Fair Value Measurement of Financial Instruments (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Fair Value Disclosures [Abstract]
Notes payable	$153.60	$138.10
Debt Instrument, Unamortized Discount (Premium), Net	153.4	137.7
Notes payable, fair value	$154.30	$135.80

Real_Estate_Investments_Detail

Real Estate Investments (Details)

3 Months Ended

12 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Feb. 19, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2014

Jun. 13, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Jun. 30, 2013

Feb. 28, 2013

Feb. 28, 2011

Dec. 31, 2014

Dec. 31, 2014

Aug. 07, 2014

Dec. 31, 2014

Aug. 26, 2014

Aug. 07, 2014

Aug. 07, 2014

Aug. 08, 2014

Mar. 31, 2012

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2012

Aug. 07, 2014

Feb. 19, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Las Colinas Commons

Las Colinas Commons

Northpoint Central

Northpoint Central

The Lodge & Spa at Cordillera

Northborough Tower

Northborough Tower

Chase Park Plaza

Chase Park Plaza

Chase Park Plaza

Chase Park Plaza

Frisco Square

Frisco Square

Royal Island

Royal Island

Royal Island

Royal Island

Royal Island

Royal Island

Royal Island

Wholly owned properties

Consolidated properties

The Ablon at Frisco Square

The Ablon at Frisco Square

The Ablon at Frisco Square

The Ablon at Frisco Square

Central Europe Joint Venture

Central Europe Joint Venture

Central Europe Joint Venture

Central Europe Joint Venture

Central Europe Joint Venture

Central Europe Joint Venture

Central Europe Joint Venture

Investment in notes receivable

Noncontrolling Interest in Joint Venture

Santa Clara 800 joint venture

Parent Company

Co-venturer [Member]

Office Space [Member]

Retail Space [Member]

Movie Theater [Member]

building

sqft

story

sqft

story

sqft

USD ($)

USD ($)

USD ($)

USD ($)

acre

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

property

property

USD ($)

USD ($)

unit

USD ($)

EUR (€)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

property

Equity method investments

USD ($)

Central Europe Joint Venture

Chase Park Plaza

Frisco Square

Frisco Square

Frisco Square

acre

unit

sqft

acre

Unconsolidated properties

USD ($)

sqft

sqft

sqft

unit

property

Real estate Investments

Equity in losses of unconsolidated joint ventures

$170,000

($1,694,000)

($6,938,000)

$2,700,000

$2,800,000

Investment Owned, Percent of Net Assets

100.00%

100.00%

94.00%

100.00%

100.00%

87.00%

Sales of Real Estate

0

3,404,000

10,245,000

1,800,000

3,600,000

Gains (Losses) on Sales of Investment Real Estate

0

0

476,000

0

-9,000

0

95,000

0

476,000

86,000

0

500,000

200,000

100,000

Sale Proceeds Placed in Escrow

600,000

Proceeds from sale of real estate

1,300,000

Number of properties

4

3

1

21

Approximate rentable square footage

239,000

180,000

207,000

0

101,000

71,000

41,500

Ownership interest in the joint venture, non-controlling interest (as a percent)

12.71%

5.00%

Impairment charge

9,371,000

932,000

20,714,000

9,400,000

Impairment charges, discontinued operations

305,000

1,263,000

Number of building office complex

3

Number of stories in office building

9

14

Real estate assets, net

229,300,000

235,880,000

229,300,000

235,880,000

0

Provision for loan losses

0

0

12,249,000

0

Depreciation and amortization expense

0

Identified assets and liabilities acquired on acquisition date

Cash

143,000

Accounts receivable

2,007,000

Receivable from related party

36,000

Prepaid expenses

463,000

Total identifiable net assets

2,649,000

Accounts Payable

1,308,000

Accrued and other liabilities

1,341,000

Total identifiable net liabilities

2,649,000

Reserve for bad debts

-137,000

1,754,000

524,000

1,300,000

Actual net loss of acquiree since acquisition date

700,000

Unaudited pro forma summary

Rental revenue

20,007,000

19,634,000

Hotel revenue

33,313,000

30,497,000

Property operating expenses

11,127,000

10,369,000

Hotel operating expenses

25,331,000

22,788,000

Bad debt expense(1)

498,000

1,256,000

Net loss

-18,537,000

-56,784,000

Net loss per share (in dollars per share)

($0.33)

($1.01)

Pro forma bad debt expense related to receivables with working capital shortfalls

1,300,000

Area of Land, Contributed Real Estate

1.66

3.4

Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest

90.00%

Number of condominium units remaining in inventory

114

275

275

Real Estate Property, Estimated Gross Construction Costs

42,100,000

Proceeds from Equity Method Investment, Dividends or Distributions

800,000

400,000

Other than Temporary Impairment Losses, Investments

6,300,000

5,800,000

5,900,000

5,800,000

Income (Loss) from Subsidiaries, Net of Tax

100,000

Face amount

$0

$11,600,000

$10,400,000

$26,300,000

Area of real estate property (in acres)

1.62

27

Percentage of Real Estate Owned

100.00%

Area of Land, Undeveloped

34

Real_Estate_Investments_Detail1

Real Estate Investments (Details 2)	0 Months Ended	3 Months Ended								12 Months Ended				12 Months Ended			0 Months Ended				12 Months Ended			0 Months Ended		3 Months Ended	9 Months Ended		12 Months Ended			0 Months Ended					0 Months Ended	12 Months Ended
	Apr. 05, 2013	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	18-May-12	29-May-12	Oct. 22, 2013	Oct. 16, 2012	Dec. 31, 2014	Dec. 31, 2011	Dec. 31, 2013	Aug. 07, 2014	Aug. 08, 2014	Mar. 31, 2012	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Apr. 05, 2013	28-May-13	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Aug. 07, 2014	Dec. 31, 2012	Dec. 31, 2012	Feb. 19, 2013
	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	Investment in unconsolidated joint ventures	Investment in unconsolidated joint ventures	Investment in unconsolidated joint ventures	Santa Clara 700/750 Joint Venture	Tanglewood at Voss	S Bowen Road	Bent Tree Green	Royal Island	Royal Island	Royal Island	Central Europe Joint Venture	Central Europe Joint Venture	Central Europe Joint Venture	Central Europe Joint Venture	Central Europe Joint Venture	Central Europe Joint Venture	Central Europe Joint Venture	Central Europe Joint Venture	Becket House	Rio Salado	Real estate held for sale	Real estate held for sale	Real estate held for sale	Parent Company	Santa Clara 800 joint venture	Royal Island	Chase Park Plaza
														USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	EUR (€)	USD ($)	USD ($)	EUR (€)	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)	property	property	property	Central Europe Joint Venture	USD ($)	USD ($)	Co-venturer [Member]
																																					USD ($)
Real estate asset disposition and investment in unconsolidated joint ventures
Ownership percentage by noncontrolling owners																					12.71%																			5.00%
Contract Sales Price																	$47,800,000	$52,500,000	$1,600,000	$12,000,000												$19,800,000	$9,300,000
Gain on troubled debt restructuring	8,100,000										8,132,000	0
Discontinued operations, foreign currency translation gains (losses)										0	-3,624,000	0
Sales of Real Estate										0	3,404,000	10,245,000													3,600,000
Gains (Losses) on Sales of Investment Real Estate		0	0	476,000	0	-9,000	0	95,000	0	476,000	86,000	0															200,000	100,000
Proceeds from sale of real estate																									1,300,000
Proceeds from Equity Method Investment, Dividends or Distributions																								800,000													400,000
Proceeds from sale of real estate	19,800,000									1,743,000	30,563,000	122,969,000
Impairment charge										9,371,000	363,000	7,290,000
Ownership interest percentage																															47.01%
Carrying Value of Investment		15,948,000				18,495,000				15,948,000	18,495,000																		18,495,000		15,948,000
Combined assets and liabilities of investment properties
Real estate assets, net		229,300,000				235,880,000				229,300,000	235,880,000			88,681,000	108,795,000								0
Cash and cash equivalents		35,015,000				36,796,000				35,015,000	36,796,000	34,825,000	13,503,000	3,872,000	3,627,000
Other assets														1,872,000	2,022,000
Total assets		314,492,000				322,120,000				314,492,000	322,120,000			94,425,000	114,444,000
Notes payable		153,556,000				138,085,000				153,556,000	138,085,000			65,373,000	80,968,000						13,872,000		12,907,000
Other liabilities														3,239,000	3,139,000
Total liabilities		180,454,000				162,750,000				180,454,000	162,750,000			68,612,000	84,107,000
Equity														25,813,000	30,337,000
Total liabilities and equity		314,492,000				322,120,000				314,492,000	322,120,000			94,425,000	114,444,000
Combined losses of investments
Revenue		13,222,000	14,838,000	15,009,000	12,418,000	16,506,000	13,720,000	14,381,000	10,461,000	55,487,000	55,068,000	42,004,000		10,696,000	11,259,000	12,117,000
Operating expenses:
Operating expenses														2,487,000	2,846,000	4,570,000
Property taxes														321,000	323,000	-123,000
Total operating expenses														2,808,000	3,169,000	4,447,000
Operating income														7,888,000	8,090,000	7,670,000
Non-operating expenses:
Depreciation and amortization										12,701,000	13,037,000	13,109,000		4,225,000	4,752,000	5,206,000
impairment expense										9,371,000	932,000	20,714,000		0	5,913,000	5,780,000					9,400,000
Interest and other, net										-759,000	24,000	-625,000		3,743,000	1,029,000	15,235,000
Interest and other, net														-442,000	0	0
Total non-operating expenses														7,526,000	11,694,000	26,221,000
Net loss attributable to common shareholders		-13,588,000	-3,442,000	-2,327,000	-4,173,000	-3,864,000	-7,213,000	-2,090,000	-7,089,000	-23,530,000	-20,256,000	-52,776,000		362,000	-3,604,000	-18,551,000
Equity in losses of unconsolidated joint ventures										170,000	-1,694,000	-6,938,000		170,000	-1,694,000	-6,938,000										2,700,000			2,800,000
Other than Temporary Impairment Losses, Investments																						6,300,000				5,800,000			5,900,000	5,800,000
Income (Loss) from Subsidiaries, Net of Tax																																						100,000	3,200,000
Provision for loan losses										$0	$0	$12,249,000										$0
Number of properties																																		0	0	1

Variable_Interest_Entities_Det

Variable Interest Entities (Details) (USD $)	12 Months Ended
	Dec. 31, 2006	Dec. 31, 2014	Dec. 31, 2012
Alexan Black Mountain mezzanine loan
Variable Interest Entity [Line Items]
Face amount of mortgages		$9,676,000
Tanglewood at Voss and Alexan Black Mountain | Maximum
Variable Interest Entity [Line Items]
Aggregate amount of construction loans obtained with third-party lenders by the entity	68,600,000
Tanglewood at Voss and Alexan Black Mountain | Alexan Black Mountain mezzanine loan
Variable Interest Entity [Line Items]
Reserve for loan losses			2,500,000
Carrying amount including accrued interest			0
Tanglewood at Voss and Alexan Black Mountain | Alexan Black Mountain mezzanine loan | Maximum
Variable Interest Entity [Line Items]
Face amount of mortgages	$9,700,000

Notes_Receivable_Details

Notes Receivable (Details) (USD $)	Apr. 05, 2013	Dec. 31, 2012	Jan. 01, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2011	Dec. 31, 2006
Notes receivable
Note receivable balance	$27,700,000	$0	$31,280,000
Alexan Black Mountain mezzanine loan
Notes receivable
Aggregate principal amount				9,676,000
Note receivable balance				26,700,000	27,200,000
Alexan Black Mountain mezzanine loan | Alexan Black Mountain
Notes receivable
Note receivable balance				0		0
Reserve for loan losses		2,500,000
Alexan Black Mountain mezzanine loan | Alexan Black Mountain | Maximum
Notes receivable
Aggregate principal amount							$9,700,000

Notes_Payable_Details

Notes Payable (Details) (USD $)

12 Months Ended

0 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

9 Months Ended

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

Aug. 07, 2014

Mar. 31, 2012

Dec. 31, 2011

Aug. 26, 2014

Dec. 27, 2012

Aug. 11, 2014

Aug. 08, 2014

Sep. 30, 2014

Sep. 26, 2011

Jun. 30, 2013

Feb. 28, 2013

Feb. 28, 2011

extension

Notes Payable

Notes payable

$153,556,000

$138,085,000

Debt instrument, stated interest rate (as a percent)

5.00%

Notes and loan payable

153,600,000

138,100,000

Weighted average interest rate (as a percent)

5.60%

Notes payable subject to variable rate

31,100,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

2015

2,168,000

2016

35,871,000

2017

85,916,000

2018

29,413,000

2019

0

Thereafter

0

Total contractual obligations

153,368,000

Unamortized premium

188,000

Loan balance

153,556,000

138,085,000

Repayments of Notes Payable

47,825,000

23,800,000

116,013,000

Gains (Losses) on Extinguishment of Debt

-246,000

0

-1,530,000

Minimum

Notes Payable

Notes payable, interest rates (as a percent)

3.20%

Maximum

Notes Payable

Notes payable, interest rates (as a percent)

15.00%

Maximum | Frisco Debtors Loans

Notes Payable

Unconditional guarantee of debt

11,200,000

LIBOR

Notes Payable

Debt instrument, reference rate

0.16%

Central Europe Joint Venture

Notes Payable

Proceeds from Equity Method Investment, Dividends or Distributions

800,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Other than Temporary Impairment Losses, Investments

5,900,000

5,800,000

5,800,000

Central Europe Joint Venture | Parent Company

Notes Payable

Proceeds from Equity Method Investment, Dividends or Distributions

400,000

Chase Park Plaza - The Private Residences [Member]

Notes Payable

Notes payable

62,500,000

46,511,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

62,500,000

46,511,000

Chase Park Plaza - The Private Residences [Member] | LIBOR

Notes Payable

Variable rate basis

30-day LIBOR

Variable interest rate (as a percent)

6.75%

Debt instrument, variable rate basis, term

30 days

Debt instrument, stated interest rate (as a percent)

4.95%

Northborough Tower

Notes Payable

Notes payable

19,071,000

19,600,000

Debt instrument, stated interest rate (as a percent)

5.67%

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

19,071,000

19,600,000

Royal Island

Notes Payable

Notes payable

13,872,000

12,907,000

Remaining borrowing capacity

12,400,000

11,600,000

Debt instrument, stated interest rate (as a percent)

15.00%

15.00%

Face amount

0

11,600,000

10,400,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Total contractual obligations

13,900,000

12,900,000

Loan balance

13,872,000

12,907,000

Other than Temporary Impairment Losses, Investments

6,300,000

The Ablon at Frisco Square

Notes Payable

Face amount

26,300,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Capital Contributions Required Prior to Use of Debt Financing

15,800,000

Other Ownership Interests, Contributed Capital

8,000,000

Northpoint Central

Notes Payable

Notes payable

15,574,000

15,813,000

Debt instrument, stated interest rate (as a percent)

5.15%

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

15,574,000

15,813,000

Las Colinas Commons

Notes Payable

Notes payable

11,484,000

11,661,000

Debt instrument, stated interest rate (as a percent)

5.15%

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

11,484,000

11,661,000

BHFS II, LLC

Notes Payable

Notes payable

6,962,000

7,083,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

6,962,000

7,083,000

BHFS II, LLC | LIBOR

Notes Payable

Variable rate basis

30-day LIBOR

Variable interest rate (as a percent)

3.00%

Debt instrument, variable rate basis, term

30 days

BHFS III, LLC

Notes Payable

Notes payable

6,250,000

6,358,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

6,250,000

6,358,000

BHFS III, LLC | LIBOR

Notes Payable

Variable rate basis

30-day LIBOR

Variable interest rate (as a percent)

3.00%

Debt instrument, variable rate basis, term

30 days

BHFS IV, LLC

Notes Payable

Notes payable

12,983,000

13,208,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

12,983,000

13,208,000

BHFS IV, LLC | LIBOR

Notes Payable

Variable rate basis

30-day LIBOR

Variable interest rate (as a percent)

3.00%

Debt instrument, variable rate basis, term

30 days

BHFS Theater, LLC

Notes Payable

Notes payable

4,860,000

4,944,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

4,860,000

4,944,000

BHFS Theater, LLC | LIBOR

Notes Payable

Variable rate basis

30-day LIBOR

Variable interest rate (as a percent)

3.00%

3.00%

Debt instrument, variable rate basis, term

30 days

Frisco Square LLC

Notes Payable

Notes payable

31,100,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Loan balance

31,100,000

Construction Loans [Member] | The Ablon at Frisco Square

Notes Payable

Face amount

26,300,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Minimum extension period

12 months

Debt Instrument, Term

3 years

Number of Extension Options

2

Construction Loans [Member] | The Ablon at Frisco Square | LIBOR

Notes Payable

Debt instrument, variable rate basis, term

30 days

Loans Receivable, Basis Spread on Variable Rate

2.50%

Notes Payable, Other | Chase Park Plaza - The Private Residences [Member]

Notes Payable

Debt instrument, stated interest rate (as a percent)

4.95%

Face amount

62,500,000

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Minimum extension period

1 year

Interest expense, debt

590,000

Debt Instrument, Term

3 years

Number of Extension Options

2

Debt Instrument, Principal Payments, Amortization Term

25 years

Repayments of Notes Payable

46.5

Debt Instrument, Use of Proceeds, Guarantee

6,500,000

Notes Payable, Other | Chase Park Plaza - The Private Residences [Member] | Minimum

Notes Payable

Variable interest rate (as a percent)

0.75%

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Debt Instrument, Prepayment Penalty, Term

13 months

Notes Payable, Other | Chase Park Plaza - The Private Residences [Member] | Maximum

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Debt Instrument, Prepayment Penalty, Term

30 months

Unamortized Deferred Financing Costs | Notes Payable, Other | Chase Park Plaza - The Private Residences [Member]

Aggregate contractual obligations for principal payments excluding obligations associated with real estate held for sale

Gains (Losses) on Extinguishment of Debt

-200,000

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 26, 2011
		item	item
Derivative instruments and hedging activities
Debt instrument, stated interest rate (as a percent)				5.00%
Number of derivative instruments classified as liabilities		0	0
Reclassification of unrealized loss to interest expense	$100,000	$100,000
Interest rate, Amount of Gain or (Loss)	-86,000	-90,000	0
Derivatives not designated as hedging Instruments | Interest rate
Derivative instruments and hedging activities
Interest rate, Amount of Gain or (Loss)	86,000	90,000
Prepaid expenses and other assets
Derivative instruments and hedging activities
Derivative assets		$0
Chase Park Plaza Hotel and Chase the Private Residences [Member]
Derivative instruments and hedging activities
Debt instrument, stated interest rate (as a percent)	4.95%

Leasing_Activity_Details

Leasing Activity (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	lease
Future Minimum Base Rental Payments
2014	$16,001,000
2015	14,815,000
2016	13,431,000
2017	6,573,000
2018	3,625,000
2019	2,128,000
2020	2,021,000
2021	1,409,000
2022	1,130,000
2023	703,000
Thereafter	651,000
Total	62,487,000
Number of leases	2
Concentration risk (percent)	100.00%	100.00%	100.00%
Northborough Tower
Future Minimum Base Rental Payments
Rent	5,800,000
Square Feet (Unaudited)	204,779
% of Rentable Sq. Ft. Leased (Unaudited)	27.00%
Annualized Base Rent	5,836,000
% of Annualized Base Rent	33.00%
Annualized Base Rent per Square Foot	28.5
Northborough Tower | Rental revenues | Customer Concentration Risk [Member]
Future Minimum Base Rental Payments
Concentration risk (percent)	33.00%
Las Colinas Commons
Future Minimum Base Rental Payments
Rent	2,000,000
Square Feet (Unaudited)	119,116
% of Rentable Sq. Ft. Leased (Unaudited)	16.00%
Annualized Base Rent	$2,038,000
% of Annualized Base Rent	12.00%
Annualized Base Rent per Square Foot	17.11
Number of operating lease renewal options	2
Lessor leasing arrangement, operating lease, renewal term	5 years
Las Colinas Commons | Rental revenues | Customer Concentration Risk [Member]
Future Minimum Base Rental Payments
Concentration risk (percent)	12.00%

Leasing_Activity_Geographic_Co

Leasing Activity - Geographic Concentration (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	asset_type
Concentration Risk [Line Items]
Mineral rights	$0.10
Concentration risk (percent)	100.00%	100.00%	100.00%
Number of asset types	3
Total revenues | Geographic | Missouri
Concentration Risk [Line Items]
Concentration risk (percent)	56.00%
Total revenues | Geographic | Texas
Concentration Risk [Line Items]
Concentration risk (percent)	36.00%
Total revenues | Geographic | Colorado
Concentration Risk [Line Items]
Concentration risk (percent)	8.00%
Total revenues | Asset type | Hotel
Concentration Risk [Line Items]
Concentration risk (percent)	64.00%
Total revenues | Asset type | Office Building
Concentration Risk [Line Items]
Concentration risk (percent)	31.00%
Total revenues | Asset type | Multifamily
Concentration Risk [Line Items]
Concentration risk (percent)	5.00%

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	0 Months Ended	12 Months Ended		0 Months Ended	1 Months Ended	0 Months Ended
	Mar. 29, 2011	Dec. 31, 2013	Dec. 31, 2014	Jun. 13, 2014	Dec. 31, 2014	Aug. 07, 2014	Aug. 26, 2014	Feb. 19, 2013
				acre	parking_space		unit
							acre
Commitments and Contingencies
Debt issued	$2,500,000
Real property assessed value exceeding threshold limit			1,000,000		1,000,000
Real property value at which debt obligation is terminated			225,000,000		225,000,000
Bond Debt Service Liability			200,000		200,000
Bond Debt Service, Expense Credit		100,000
Book value of real estate land		235,880,000	229,300,000		229,300,000
Bonds
Commitments and Contingencies
Real property assessed value threshold			125,000,000		125,000,000
Percentage of reduction in bond obligation for an amount exceeding threshold limit			0.50%
Outstanding debt obligation		5,600,000	5,100,000		5,100,000
Assessed value of annual debt service		500,000
City of Frisco | Bonds
Commitments and Contingencies
Debt issued			12,500,000
Frisco Square
Commitments and Contingencies
Number of units in multifamily development			114		114
Area of real estate property (in acres)			27	1.62	27
Sale Proceeds Placed in Escrow				600,000
Area of Land, Contributed Real Estate				1.66
Frisco Square | Bonds
Commitments and Contingencies
Assessed value of annual debt service		300,000
Frisco Square I LLC
Commitments and Contingencies
Percentage of Net Sales Proceeds to be Deposited into Escrow Account			33.00%
Limit up to which Sales Proceeds will be Transferred to Escrow Accounts			7,000,000		7,000,000
Escrow Deposits Related to Property Sales			1,400,000
Land Available for Development			22,000,000		22,000,000
Number of Additional Garages to be Constructed			2
Number of Additional Parking Spaces to be Constructed			108		152
Number of parking spaces required to be constructed			720
Minimum number of garages required to be constructed			2
Contribution for construction of additional parking spaces					1,700,000
Escrow Deposit			1,100,000		1,100,000
The Ablon at Frisco Square
Commitments and Contingencies
Number of units in multifamily development						275	275
Area of Land, Contributed Real Estate							3.4
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest						90.00%
Construction Contract						$33,200,000
Co-venturer [Member] | Chase Park Plaza
Commitments and Contingencies
Ownership percentage by noncontrolling owners								5.00%

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	0 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Nov. 23, 2004	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Stockholders' Equity
Value of common stock issued on conversion expressed as a percentage	15.00%
Cumulative, non-compounded, annual return on capital (as a percent)	10.00%
Convertible Stock
Stockholders' Equity
Stock sold		1,000	1,000	1,000	1,000
Common Stock
Stockholders' Equity
Shares redeemed		984,267
Behringer Harvard Holdings | Convertible Stock
Stockholders' Equity
Stock sold	1,000
Behringer Harvard Holdings | Common Stock
Stockholders' Equity
Stock sold	21,739
Proceeds from sale of stock in cash	201

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	12 Months Ended			0 Months Ended					12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Nov. 09, 2012	Oct. 17, 2011	Oct. 18, 2010	Jun. 22, 2009	Jul. 24, 2008	Dec. 31, 2011	Dec. 31, 2010
Weighted-Average Exercise Price
Outstanding at the end of the period (in dollars per share)			$7.50
Stock options
Stock-based Compensation
Stock options exercised	0
Shares
Outstanding at the beginning of the period (in shares)	75,000	75,000	79,792
Granted (in shares)	0	0	15,000
Forfeited or expired (in shares)	0	0	-19,792
Outstanding at the end of the period (in shares)	75,000	75,000	75,000
Exercisable at the end of the period (in shares)	75,000
Weighted-Average Exercise Price
Outstanding at the beginning of the period (in dollars per share)	$7.50	$7.50	$8.53
Granted (in dollars per share)			$4.12
Forfeited or expired (in dollars per share)			$9.10
Outstanding at the end of the period (in dollars per share)	$7.50	$7.50	$7.50
Exercisable at the end of the period (in dollars per share)	$7.50
Contractual life of outstanding options	3 years 6 months 292 days
Stock options | Independent directors
Shares
Granted (in shares)				15,000	15,000	15,000	15,000	15,000
Outstanding at the end of the period (in shares)		75,000
Stock options | Bufkin
Shares
Granted (in shares)				5,000	5,000	5,000	5,000	5,000
Outstanding at the end of the period (in shares)		25,000
Stock options | Gage
Shares
Granted (in shares)				5,000	5,000	5,000	5,000	5,000
Outstanding at the end of the period (in shares)		25,000
Stock options | Kaplan
Shares
Granted (in shares)				5,000	5,000	5,000	5,000	5,000
Outstanding at the end of the period (in shares)		25,000
Incentive Award Plan | Stock options
Stock-based Compensation
Award vesting percentage			50.00%						25.00%	0.00%

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	0 Months Ended	12 Months Ended
	Mar. 29, 2011	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Sep. 26, 2011
			fiscal_quarter
Related Party Transaction
Asset management fees		$2,263,000	$2,290,000	$2,874,000
Debt financing fees		600,000		500,000
Number of fiscal quarters immediately preceding the date reimbursement is sought			4
Administrative services cost incurred		5,964,000	5,657,000	6,396,000
Property management fees		1,842,000	1,745,000	1,022,000
Loan obtained from related party	2,500,000
Loan payable to related party	2,500,000			1,500,000
Loan payable to related party, stated interest rate (as a percent)	5.00%
Payables to related parties		1,122,000	771,000
Debt instrument, stated interest rate (as a percent)					5.00%
Amended agreement | First year of any extension
Related Party Transaction
Advisor's debt financing fee for revised loan as a percentage of loan commitment amount			0.40%
Amended agreement | First year of any extension | Minimum
Related Party Transaction
Minimum extension period			120 days
Amended agreement | Year Two
Related Party Transaction
Amount due to advisor for revised loan as percentage of loan commitment amount			0.30%
Amended agreement | Year Three
Related Party Transaction
Amount due to advisor for revised loan as percentage of loan commitment amount			0.30%
Amended agreement | Extension of three or more years | Maximum
Related Party Transaction
Amount due to advisor for revised loan as percentage of loan commitment amount			1.00%
Behringer Harvard Opportunity Advisors I
Related Party Transaction
Asset management fees		2,300,000	2,300,000	3,200,000
Acquisition and advisory fees as a percentage of contract purchase price			2.50%
Acquisition and advisory fees as a percentage of funds advanced in respect of loan investment			2.50%
Acquisition and advisory fees		200,000		100,000
Advisor's operating expenses as a percentage of average invested assets			2.00%
Advisor's operating expenses as percentage of net income other than any additions to non cash reserves and any gain from sale of assets			25.00%
Administrative services cost incurred		1,700,000	1,400,000	1,800,000
Asset management fee payable monthly in arrears as percentage of aggregate asset value			0.05%
BH Property Management
Related Party Transaction
Advisor's and property management fee as a percentage of gross revenue		4.50%
Oversight fee as a percentage of gross revenues of the property managed		0.50%
Property management fees		900,000	1,000,000	900,000
Advisor and its affiliates
Related Party Transaction
Payables to related parties		$1,100,000	$800,000
After amendment
Related Party Transaction
Asset management fee as a percentage of aggregate asset value of acquired real estate and real estate related assets		0.58%		0.60%

Supplemental_Cash_Flow_Informa2

Supplemental Cash Flow Information (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Supplemental Cash Flow Information [Abstract]
Interest paid, net of amounts capitalized	$7,188	$11,414	$11,902
Reorganization expenses paid	0	768	1,112
Income Taxes Paid, Net	135	198	113
Non-cash investing and financing activities:
Property and equipment additions and purchases of real estate in accrued liabilities	1,479	1,353	184
Capital expenditures for real estate under development in accounts payable and accrued liabilities	1,817	47	215
Real Estate Reclassification of Land to Real Estate Under Development	3,346	0	0
Real Estate Reclassification of Real Estate Under Development to Land and Land Improvements	170	0	0
Real Estate Reclassification of Real Estate Under Development to Furniture, Fixtures and Equipment	211	0	0
Amortization of deferred financing fees in properties under development	31	0	33
Transfer of noncontrolling interest	2,136	0	2,424
Capitalized deferred financing costs in accrued liabilities	31	0	319
Consolidation of properties
Real estate and lease intangibles	0	0	24,000
Restricted cash	0	0	493
Notes receivable	0	0	-18,037
Other assets and liabilities, net	0	0	-6,468
Assets consolidated	0	-2,649	0
Liabilities consolidated	$0	$2,649	$0

Discontinued_Operations_and_Re2

Discontinued Operations and Real Estate Held for Sale (Sale of Properties) (Details) (USD $)	0 Months Ended
In Millions, unless otherwise specified	18-May-12	29-May-12	Aug. 16, 2012	Oct. 16, 2012	Apr. 05, 2013	28-May-13	Oct. 22, 2013
Santa Clara 700/750 Joint Venture
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contract Sales Price	$47.80
Tanglewood at Voss
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contract Sales Price		52.5
5000 S. Bowen Road
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contract Sales Price			25.9
Bent Tree Green
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contract Sales Price				12
Becket House
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contract Sales Price					19.8
Rio Salado
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contract Sales Price						9.3
4950 S Bowen Road
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Contract Sales Price							$1.60

Discontinued_Operations_and_Re3

Discontinued Operations and Real Estate Held for Sale (Details) (USD $)	0 Months Ended	3 Months Ended					12 Months Ended
In Thousands, unless otherwise specified	Apr. 05, 2013	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Mar. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jun. 13, 2014
										acre
Revenues
Rental revenue								$514	$9,043
Expenses
Property operating expenses								189	2,489
Bad debt expense								-111	197
Interest expense								633	5,053
Real estate taxes								-21	1,153
Impairment charges, discontinued operations								305	1,263
Property management fees								24	300
Asset management fees								16	386
Depreciation and amortization								0	3,087
Total expenses								1,035	13,928
Interest Income								-2	-4
Realized loss on currency translation adjustment							0	-3,624	0
Gain on troubled debt restructuring	8,100							8,132	0
Loss on debt extinguishment								0	-1,379
Gain on sale of real estate property								0	11,996
Gain (Loss) from discontinued operations		96	0	4,534	-645		0	3,985	5,728
(Income) loss attributable to noncontrolling interests					-1,460	449	0	1,460	-449
Income from discontinued operations attributable to the Company						6,177	0	2,525	6,177
Consolidated properties
Discontinued operations and Real Estate Held for Sale
Number of properties							3
Real estate held for sale
Discontinued operations and Real Estate Held for Sale
Number of properties		0					0	0	1
5000 S. Bowen Road
Expenses
Loss on debt extinguishment									($1,400)
Frisco Square
Expenses
Area of real estate property (in acres)							27			1.62

Frisco_Debtors_Frisco_Debtors_

Frisco Debtors Frisco Debtors (Details) (Frisco Debtors)	12 Months Ended
	Dec. 31, 2012
Frisco Debtors
Variable Interest Entity [Line Items]
Percentage of Payment to be Made to Creditors on Reorganization	100.00%

Quarterly_Results_Unaudited_De

Quarterly Results (Unaudited) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]
Impairment Charge on Reclassified Assets									$9,371	$363	$7,290
Revenue	13,222	14,838	15,009	12,418	16,506	13,720	14,381	10,461	55,487	55,068	42,004
Loss from continuing operations	-13,697	-3,546	-2,907	-4,270	-4,121	-7,434	-5,227	-6,663	-24,420	-23,445	-62,286
Income (loss) from discontinued operations					96	0	4,534	-645	0	3,985	5,728
Gains (Losses) on Sales of Investment Real Estate	0	0	476	0	-9	0	95	0	476	86	0
Add : Net loss attributable to the noncontrolling interest	109	104	104	97	170	221	-1,492	219
Net income (loss) attributable to common shareholders	($13,588)	($3,442)	($2,327)	($4,173)	($3,864)	($7,213)	($2,090)	($7,089)	($23,530)	($20,256)	($52,776)
Basic and diluted weighted average shares outstanding	56,500	56,500	56,500	56,500	56,500	56,500	56,500	56,500	56,500	56,500	56,500
Basic and diluted income (loss) per share (in dollars per share)	($0.24)	($0.06)	($0.04)	($0.08)	($0.07)	($0.13)	($0.04)	($0.12)	($0.42)	($0.36)	($0.93)

Schedule_II_Valuation_and_Qual1

Schedule II Valuation and Qualifying Accounts and Reserves (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Allowance for doubtful accounts
Change in valuation and qualifying accounts and reserves
Balance at Beginning of period	$2,375	$234	$377
Charged to Costs and Expenses	137	2,585	721
Deductions	2,305	444	864
Balance at End of period	207	2,375	234
Allowance for loan loss
Change in valuation and qualifying accounts and reserves
Balance at Beginning of period	13,897	13,897	34,665
Charged to Costs and Expenses	0	0	12,249
Deductions	227	0	33,017
Balance at End of period	$13,670	$13,897	$13,897

Schedule_III_Real_Estate_and_A1

Schedule III Real Estate and Accumulated Depreciation (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2012	Dec. 31, 2011	Aug. 26, 2014	Aug. 07, 2014
					unit	unit
Real Estate and Accumulated Depreciation
Encumbrances		$153,556
Initial cost, Land and improvements		79,201
Initial cost, Building and improvements		149,328
Costs capitalized subsequent to acquisition		50,029
Gross amount carried at close of period	284,532	278,558	292,737	401,779
Accumulated depreciation	48,652	49,258	41,186	46,253
Chase Park Plaza
Real Estate and Accumulated Depreciation
Encumbrances		62,500
Initial cost, Land and improvements		3,612
Initial cost, Building and improvements		50,143
Costs capitalized subsequent to acquisition		40,708
Gross amount carried at close of period		94,463
Accumulated depreciation		18,546
Depreciable life	39 years
Las Colinas Commons
Real Estate and Accumulated Depreciation
Encumbrances		11,484
Initial cost, Land and improvements		2,785
Initial cost, Building and improvements		9,718
Costs capitalized subsequent to acquisition		3,955
Gross amount carried at close of period		16,458
Accumulated depreciation		4,546
Depreciable life	25 years
The Lodge & Spa at Cordillera
Real Estate and Accumulated Depreciation
Initial cost, Land and improvements		9,398
Initial cost, Building and improvements		7,468
Costs capitalized subsequent to acquisition		-6,691
Gross amount carried at close of period		10,175
Accumulated depreciation		1,590
Depreciable life	39 years
Frisco Square
Real Estate and Accumulated Depreciation
Encumbrances		31,055
Initial cost, Land and improvements		40,098
Initial cost, Building and improvements		27,907
Costs capitalized subsequent to acquisition		13,283
Gross amount carried at close of period		81,288
Accumulated depreciation		14,625
Depreciable life	25 years
Northpoint Central
Real Estate and Accumulated Depreciation
Encumbrances		15,574
Initial cost, Land and improvements		750
Initial cost, Building and improvements		19,849
Costs capitalized subsequent to acquisition		3,648
Gross amount carried at close of period		24,247
Accumulated depreciation		7,708
Depreciable life	25 years
Northborough Tower
Real Estate and Accumulated Depreciation
Encumbrances		19,071
Initial cost, Land and improvements		1,400
Initial cost, Building and improvements		31,401
Costs capitalized subsequent to acquisition		-14,770
Gross amount carried at close of period		18,031
Accumulated depreciation		730
Depreciable life	25 years
Royal Island
Real Estate and Accumulated Depreciation
Encumbrances		13,872
Initial cost, Land and improvements		21,158
Initial cost, Building and improvements		2,842
Costs capitalized subsequent to acquisition		0
Gross amount carried at close of period		24,000
Accumulated depreciation		1,513
Depreciable life	25 years
The Ablon at Frisco Square
Real Estate and Accumulated Depreciation
Encumbrances		0
Initial cost, Land and improvements		0
Initial cost, Building and improvements		0
Costs capitalized subsequent to acquisition		9,896
Gross amount carried at close of period		9,896
Accumulated depreciation		$0
The Ablon at Frisco Square
Real Estate and Accumulated Depreciation
Number of units in multifamily development					275	275

Schedule_III_Real_Estate_and_A2

Schedule III Real Estate and Accumulated Depreciation (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate:
Balance at beginning of period	$284,532,000	$292,737,000	$401,779,000
Acquisitions	0	0	24,000,000
Improvements	14,519,000	4,222,000	5,154,000
Write-offs	-759,000	-1,635,000	-697,000
Reclassification	-9,096,000	0	1,150,000
Impairment loss	-9,371,000	-119,000	-8,552,000
Cost of real estate sold	-1,267,000	-10,673,000	-130,097,000
Balance at end of the period	278,558,000	284,532,000	292,737,000
Accumulated depreciation:
Balance at beginning of period	48,652,000	41,186,000	46,253,000
Depreciation expense	9,931,000	9,073,000	11,249,000
Write-offs	-440,000	-1,607,000	-717,000
Reclassification	8,885,000	0	0
Disposals		0	-15,599,000
Balance at end of the period	49,258,000	48,652,000	41,186,000
Real Estate Reclassification of Real Estate Under Development to Furniture, Fixtures and Equipment	211,000	0	0
Reclassification of condominium inventory to land			700,000
Reclassification of condominium inventory to building			$500,000

Schedule_IV_Mortgage_Loans_on_1

Schedule IV Mortgage Loans on Real Estate (Details) (Alexan Black Mountain mezzanine loan, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Alexan Black Mountain mezzanine loan
Mortgage Loans on Real Estate
Interest Rate (as a percent)	10.50%
Prior Liens	$26,700
Face Amount of Mortgages	9,676
Principal Amount of Loans Subject to Delinquent Principal or Interest	$0

Schedule_IV_Mortgage_Loans_on_2

Schedule IV Mortgage Loans on Real Estate (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012	Apr. 05, 2013
Reconciliation of the Carrying Amount of Mortgages:
Balance at the beginning of the period	$31,280	$27,700
Additions during period:
New mortgage loans	2,023
Deductions during period:
Allowance for loan loss	-15,267
Elimination upon consolidation	-18,036
Balance at the end of the period	$0	$27,700