Campus Crest Communities 10-Q/A 12 Nov 14 2014 Q3 Quarterly report (amended) Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 10, 2014
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Entity Registrant Name	'Campus Crest Communities, Inc.	'
Entity Central Index Key	'0001490983	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Trading Symbol	'CCG	'
Entity Common Stock, Shares Outstanding	'	64,737,205

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS(USD ($))	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Investment in real estate, net:	'	'
Student housing properties	$923,531	$716,285
Accumulated depreciation	-120,121	-102,356
Development in process	31,485	91,184
Investment in real estate, net	834,895	705,113
Investment in unconsolidated entities	267,854	324,838
Cash and cash equivalents	18,313	32,054
Restricted cash	6,207	32,636
Student receivables, net of allowance for doubtful accounts of $2,812 and $539, respectively	2,847	2,825
Cost and earnings in excess of construction billings	24,449	42,803
Other assets, net	46,557	42,410
Total assets	1,201,122	1,182,679
Liabilities:	'	'
Mortgage and construction loans	279,152	205,531
Line of credit and other debt	301,122	207,952
Accounts payable and accrued expenses	69,902	62,448
Construction billings in excess of cost and earnings	8	600
Other liabilities	23,071	11,167
Total liabilities	673,255	487,698
Commitments and contingencies	'	'
Equity:	'	'
Preferred stock, $0.01 par value, 50,000,000 shares authorized: 8.00% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share), 6,100,000 shares issued and outstanding at September 30, 2014 and December 31, 2013	61	61
Common stock, $0.01 par value, 500,000,000 shares authorized, 64,779,313 and 64,502,430 shares issued and outstanding on September 30, 2014 and December 31, 2013, respectively	648	645
Additional common and preferred paid-in capital	771,813	773,896
Accumulated deficit and distributions	-251,586	-84,143
Accumulated other comprehensive loss	-1,452	-71
Total Campus Crest Communities, Inc. stockholders' equity	519,484	690,388
Noncontrolling interests	8,383	4,593
Total equity	527,867	694,981
Total liabilities and equity	$1,201,122	$1,182,679

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	9 Months Ended	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Allowance for doubtful accounts receivable (in dollars)	$2,812	$539
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred Stock Dividend Rate Percentage	8.00%	8.00%
Preferred stock, liquidation preference per share	$25	$25
Preferred stock, shares issued	6,100,000	6,100,000
Preferred stock, shares outstanding	6,100,000	6,100,000
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	64,779,313	64,502,430
Common stock, shares outstanding	64,779,313	64,502,430

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues:	'	'	'	'
Student housing rental	$26,985	$22,165	$74,256	$64,118
Student housing services	1,043	867	3,043	2,645
Property management services	281	225	711	539
Total revenues	28,309	23,257	78,010	67,302
Operating expenses:	'	'	'	'
Student housing operations	12,513	9,923	33,874	29,341
General and administrative	3,898	2,424	11,052	8,076
Impairment of land & pre-development costs	29,790	0	29,790	0
Write-off of corporate other assets	7,765	0	7,765	0
Transaction costs	286	247	2,331	835
Ground leases	120	54	357	162
Depreciation and amortization	7,036	5,581	21,270	17,154
Total operating expenses	61,408	18,229	106,439	55,568
Equity in earnings of unconsolidated entities	635	1,302	63	3,608
Impairment of unconsolidated entities	-50,866	0	-50,866	0
Effect of not exercising Copper Beech purchase option	-34,047	0	-34,047	0
Operating income (loss)	-117,377	6,330	-113,279	15,342
Nonoperating income (expense):	'	'	'	'
Interest expense, net	-3,639	-3,091	-9,965	-8,764
Other income (expense)	-41	696	129	1,421
Total nonoperating expense, net	-3,680	-2,395	-9,836	-7,343
Net income (loss) before income tax benefit (expense)	-121,057	3,935	-123,115	7,999
Income tax benefit (expense)	-1,131	-40	-731	306
Income (loss) from continuing operations	-122,188	3,895	-123,846	8,305
Income (loss) from discontinued operations	-5,506	958	-3,191	2,655
Net income (loss)	-127,694	4,853	-127,037	10,960
Dividends on preferred stock	3,050	1,150	9,150	3,450
Net income (loss) attributable to noncontrolling interests	-770	26	-773	51
Net income (loss) attributable to common stockholders	-129,974	3,677	-135,414	7,459
Per share data - basic and diluted	'	'	'	'
Income (loss) from continuing operations attributable to common stockholders	($1.92)	$0.05	($2.04)	$0.08
Income from discontinued operations attributable to common shareholders	($0.09)	$0.01	($0.05)	$0.05
Net income (loss) per share attributable to common stockholders	($2.01)	$0.06	($2.09)	$0.13
Weighted-average common shares outstanding:	'	'	'	'
Basic	64,770	64,518	64,650	58,461
Diluted	64,770	64,953	64,650	58,896
Condensed consolidated statements of comprehensive income (loss):	'	'	'	'
Net income (loss)	-127,694	4,853	-127,037	10,960
Foreign currency translation	-1,614	88	-1,391	88
Change in fair value of interest rate derivatives	0	0	0	59
Comprehensive income (loss)	-129,308	4,941	-128,428	11,107
Net income (loss) attributable to noncontrolling interests	-770	26	-773	51
Foreign currency translation and change in fair value of interest rate derivatives attributable to noncontrolling interest	11	0	10	-1
Dividends on preferred stock	3,050	1,150	9,150	3,450
Comprehensive income (loss) attributable to common stockholders	($131,599)	$3,765	($136,815)	$7,607

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (USD $)	Total	Series A Cumulative Redeemable Preferred Stock [Member]	Common Stock [Member]	Additional Common and Preferred Paid-in Capital [Member]	Accumulated Deficit and Distributions [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total Stockholders Equity [Member]	Noncontrolling Interests [Member]
In Thousands
Balance at Dec. 31, 2013	$694,981	$61	$645	$773,896	($84,143)	($71)	$690,388	$4,593
Issuance of restricted stock	0	0	3	-3	0	0	0	0
Amortization of restricted stock awards and operating partnership units	2,712	0	0	2,712	0	0	2,712	0
Dividends on preferred stock	-9,150	0	0	0	-9,150	0	-9,150	0
Dividends on common stock	-32,034	0	0	0	-32,034	0	-32,034	0
Dividends to noncontrolling interests	-215	0	0	0	0	0	0	-215
Foreign currency translation	-1,391	0	0	0	0	-1,380	-1,380	-10
Non-controlling interest in Copper Beech at Ames, LLC	0	0	0	-4,792	0	0	-4,792	4,792
Net income (loss)	-127,037	0	0	0	-126,264	0	-126,264	-773
Balance at Sep. 30, 2014	$527,867	$61	$648	$771,813	($251,591)	($1,451)	$519,480	$8,387

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Operating activities:	'	'
Net income (loss)	($127,037)	$10,960
Adjustments to reconcile net income (loss) to net cash provided by operating activities:	'	'
Depreciation and amortization	21,270	17,154
Depreciation included in discontinued operations	0	2,070
Impairment of damaged assets	0	3,312
Impairment of land and pre-development costs	29,790	0
Write-off of corporate other assets	7,765	0
Amortization of deferred financing costs and debt discount	2,033	1,089
Loss on disposal of assets	138	'
Proceeds received for business interruption insurance	1,925	0
Provision for bad debts	2,294	1,835
Impairment of unconsolidated entities	50,866	0
Equity in earnings of unconsolidated entities	-63	-3,608
Effect of not exercising Copper Beech purchase option	34,047	0
Distributions of accumulated earnings from unconsolidated entities	810	305
Share based compensation expense	1,404	2,352
Changes in operating assets and liabilities:	'	'
Restricted cash	-1,287	-723
Student receivables	-2,434	-3,270
Construction billings	17,762	-7,922
Accounts payable and accrued expenses	-3,082	19,528
Other	-4,012	-10,698
Net cash provided by operating activities	32,189	32,384
Investing activities:	'	'
Investments in development in process	-117,976	-102,928
Insurance proceeds received for damaged assets	590	1,000
Investments in student housing properties	-7,293	-7,835
Acquisition of student housing properties	-7,661	-13,801
Investments in unconsolidated entities	-51,616	-300,889
Issuance of notes receivable	0	-31,700
Capital distributions from unconsolidated entities	6,762	4,098
Corporate capital expenditures	-4,330	-12,122
Change in restricted cash	27,716	-3,544
Net cash used in investing activities	-153,808	-467,721
Financing activities:	'	'
Proceeds on mortgage loans	75	0
Repayments on mortgage loans	-1,721	0
Proceeds on construction loans	58,428	22,234
Proceeds from line of credit and other debt	109,414	189,376
Repayments of line of credit and other debt	-15,385	-18,182
Debt issuance costs	-580	-863
Payment of offering	-817	-13,035
Dividends paid to common stockholders	-31,980	-36,399
Dividends paid to preferred stockholders	-9,341	-3,450
Dividends to noncontrolling interests	-215	-215
Proceeds from sale of common stock	0	312,736
Net cash provided by financing activities	107,878	452,202
Net change in cash and cash equivalents	-13,741	16,865
Cash and cash equivalents at beginning of period	32,054	5,970
Cash and cash equivalents at end of period	18,313	22,835
Supplemental disclosure of cash flow information:	'	'
Cash paid for interest, net of amounts capitalized	8,257	8,398
Cash paid for income taxes	601	145
Non-cash investing and financing activity:	'	'
Effect of not exercising Copper Beech purchase option	34,047	0
Common and preferred stock dividends declared but not paid	13,310	11,687
Assumption of mortgage debt related to purchase of previously unconsolidated entities	0	0
Change in payables related to dividends to common and preferred stockholders and noncontrolling interest	-138	4,477
Insurance proceeds receivable related to damaged assets	985	0
Payables at period-end related to capital expenditures	16,668	30,970
Change in payables related to capital expenditures	802	1,194
Change in payables related to investment in unconsolidated entities	0	6,588
Equipment acquired under capital lease obligations	568	0
Share-based compensation capitalized to development in process	1,307	0
The Company acquired the remaining ownership in HSRE IV for approximately $7.7 million In conjunction with the acquisition liabilities assumed were as follows:	'	'
Fair value of assets acquired	26,854	0
Cash paid for 80% interest	-7,661	0
Fair value of Company's 20% interest owned prior to the acquisition	-1,915	0
Liabilities assumed	$17,278	$0

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Payments to Acquire Businesses, Gross	$7.70
Cash Paid For Interest	80.00%
Fair Value Of Interest Owned Percentage Prior To Acquition	20.00%

Organization_and_Description_o

Organization and Description of Business	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1. Organization and Description of Business
	Campus Crest Communities, Inc., together with its subsidiaries, referred to herein as the “Company,” “we,” “us,” “our,” and “Campus Crest,” is a self-managed and self-administered real estate investment trust (“REIT”) focused on owning and managing a high-quality student housing portfolio located close to college campuses. We currently own the sole general partner interest and own limited partner interests in Campus Crest Communities Operating Partnership, LP (the “Operating Partnership”). We hold substantially all of our assets, and conduct substantially all of our business, through the Operating Partnership.
	We have made an election to qualify, and we believe we are operating so as to qualify, as a REIT under Sections 856 through 859 of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). As a REIT, we generally will not be subject to U.S. federal income tax to the extent that we meet the organizational and operational requirements and our distributions equal or exceed 90.0% of REIT taxable income. For all periods subsequent to the REIT election, we have met the organizational and operational requirements and distributions have exceeded net taxable income.
	We have made the election to treat Campus Crest TRS Holdings, Inc. ("TRS Holdings"), our wholly-owned subsidiary, as a taxable REIT subsidiary (“TRS”). TRS Holdings holds the development, construction and management companies (See Note 4 regarding the discontinuation of operations of our development and construction services companies) that provide services to entities in which we do not own 100% of the equity interests. As a TRS, the operations of TRS Holdings and its subsidiaries are generally subject to federal, state and local income and franchise taxes.
	As of September 30, 2014, we had ownership interests in 47 operating student housing Grove properties containing approximately 26,000 beds. Thirty-six of our Grove properties are wholly-owned and eleven of our Grove properties are owned through joint ventures with Harrison Street Real Estate Capital ("HSRE") or with HSRE and Brandywine Realty Trust ("Brandywine"). As of September 30, 2014, we also owned interests in 36 (35 unconsolidated and 1 consolidated (Copper Beech at Ames)) operating student housing Copper Beech properties (“CB Portfolio”) containing approximately 17,000 beds, interests in three operating student housing evo properties containing approximately 3,000 beds, and one wholly-owned re-development property containing approximately 335 beds. Our portfolio consists of the following:
			Properties in
			Operation
	Wholly owned Grove properties		36
	Joint Venture Grove properties		11
	Total Grove Properties		47
	Joint Venture evo properties		3
	CB Portfolio		36
	Total Portfolio(1)		86
		-1	Our 100% owned property in Toledo, Ohio, which was acquired in March 2013, is excluded.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	2. Summary of Significant Accounting Policies
	Basis of Presentation
	The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”), as well as instructions to Form 10-Q, and represent our financial position, results of operations and cash flows. Third party equity interests in the Operating Partnership and a consolidated variable interest entity, Copper Beech at Ames, LLC, are reflected as noncontrolling interests in our condensed consolidated financial statements. We also have interests in unconsolidated real estate ventures which have ownership in several property owning entities that are accounted for under the equity method. All significant intercompany balances and transactions have been eliminated.
	The unaudited interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements and accompanying notes for the year ended December 31, 2013 included in our Annual Report on Form 10-K/A for the year ended December 31, 2013 filed with the Securities and Exchange Commission. The results of operations and cash flows for any interim period are not necessarily indicative of results for other interim periods or the full year.
	Reclassifications
	During the three months ended September 30, 2014, we reclassified our development and construction services companies as discontinued operations due to strategic repositioning initiatives (see Note 4). Accordingly, we have reclassified the results of these operations to “Income (loss) from discontinued operations” in the condensed consolidated statement of operations and comprehensive income (loss) for the three and nine months ended September 30, 2014 and 2013. The development and construction services companies were included within the development, construction and management services segment.
	In December 2013, we sold four wholly-owned properties: The Grove at Jacksonville, Alabama, The Grove at Jonesboro, Arkansas, The Grove at Wichita, Kansas, and The Grove at Wichita Falls, Texas. These four properties were included within the student housing operations segment. Prior period amounts related to the December 2013 asset dispositions also have been reclassified as discontinued operations in our condensed consolidated statement of operations and comprehensive income (loss) for the three and nine months ended September 30, 2013.
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant assumptions and estimates are used by management in recognizing construction and development revenue under the percentage of completion method, useful lives of student housing properties, valuation of investment in real estate, valuation allowance on deferred tax assets, initial valuation and underlying allocation of purchase price to newly acquired student housing properties, and the interest in properties acquired in connection with not exercising the Copper Beech purchase option, determination of fair value for impairment assessments, and fair value of financial assets and liabilities, including derivatives, fair value of the debt and equity components of the exchangeable notes at the date of issuance and allowance for doubtful accounts. Actual results could differ from those estimates and such differences may be material to the condensed consolidated financial statements. Estimates and assumptions are reviewed periodically and the effect of such revisions are reflected prospectively in the period in which they occur.
	Investments in Real Estate and Depreciation
	Investment in real estate is recorded at historical cost. Major improvements that extend the life of an asset are capitalized and depreciated over a period equal to the shorter of the life of the improvement or the remaining useful life of the asset. The cost of ordinary repairs and maintenance are charged to expense when incurred. Depreciation and amortization are recorded on a straight-line basis over the estimated useful lives of the assets as follows:
	Land improvements	15 years
	Buildings and leasehold improvements	10-40 years
	Furniture, fixtures and equipment	2-15 years
	The cost of buildings and improvements includes all pre-development, entitlement and project costs directly associated with the development and construction of a real estate project, which include interest, property taxes and the amortization of deferred financing costs recognized while the project is under construction, as well as certain internal costs related to the development and construction of our student housing properties. All costs are capitalized as development in process until the asset is ready for its intended use, which is typically at the completion of the project. Upon completion, costs are transferred into the applicable asset category and depreciation commences. Interest totaling approximately $1.9 million and $6.2 million was capitalized during the three and nine months ended September 30, 2014, respectively, and interest totaling approximately $0.8 million and $2.3 million was capitalized during the three and nine months ended September 30, 2013, respectively.
	We capitalize costs during the development of assets beginning with the determination that development of a future asset is probable until the asset, or a portion of the asset, is delivered and is ready for its intended use. During development efforts we capitalize all direct costs and indirect costs that have been incurred as a result of the development. These costs include interest, related loan fees and property taxes as well as other direct and indirect costs. We capitalize interest costs for debt incurred for project specific financing and for capital contributions to equity method investees who utilize such funds for construction-related activities. Indirect project costs, which include personnel and office and administrative costs that are clearly associated with our development and redevelopment efforts, are capitalized. Indirect costs not clearly related to acquisition, development, redevelopment and construction activity, including general and administrative expenses, are expensed in the period incurred. Capitalized indirect costs associated with our development activities were $3.9 million and $10.8 million for the three and nine months ended September 30, 2014, respectively, and $2.1 million and $6.5 million for the three and nine months ended September 30, 2013, respectively. The Company developed 10 properties in 2014, versus 6 in 2013, leading to significantly higher capitalized indirect costs in 2014. All such costs are capitalized as development in process until the asset is delivered and ready for its intended use, which is typically at the completion of the project. Upon completion, costs are transferred into the applicable asset category and depreciation commences.
	Pre-development costs are capitalized when they are directly identifiable with the specific property and would be capitalized if the property were already acquired and acquisition of the property or an option to acquire the property is probable. Capitalized pre-development costs are expensed when management believes it is no longer probable that a contract will be executed and/or construction will commence. Because we frequently incur these pre-development expenditures before a financing commitment and/or required permits and authorizations have been obtained, we bear the risk of loss of these pre-development expenditures if financing cannot ultimately be arranged on acceptable terms or if we are unable to successfully obtain the required permits and authorizations. As such, management evaluates the status of projects where we have not yet acquired the target property or where we have not yet commenced construction on a periodic basis and expenses any pre-development costs related to projects whose current status indicates the acquisition or commencement of construction is not probable. Such write-offs are included within impairment of land and pre-development costs in the accompanying condensed consolidated statements of operations and comprehensive income (loss). As of September 30, 2014, we had no pre-development costs related to development projects for which construction has not commenced and, as of December 31, 2013, we had deferred approximately $10.5 million in pre-development costs related to development projects for which construction had not commenced (see Note 4 regarding our strategic repositioning initiatives). As of September 30, 2014, we owned four strategically held land parcels that could be used for the development of four phase two properties with an aggregate bed count ranging from approximately 1,000 to 1,500, and twelve land parcels which we intend to divest. The costs associated with these land parcels are included in development in process on the accompanying condensed consolidated balance sheets.
	Management assesses whether there has been impairment in the value of our investment in real estate whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of investment in real estate is measured by a comparison of the carrying amount of a student housing property to the estimated future undiscounted cash flows expected to be generated by the property over the expected hold period. Impairment is recognized when estimated future undiscounted cash flows, including proceeds from disposition, are less than the carrying value of the property. The estimation of future undiscounted cash flows is inherently uncertain and relies on assumptions regarding current and future economics and market conditions. If such conditions change, then an adjustment reducing the carrying value of our long-lived assets could occur in the future period in which conditions change. To the extent that a property is impaired, the excess of the carrying amount of the property over its estimated fair value is recorded as an impairment charge. Fair value is determined based upon the discounted cash flows of the property, quoted market prices or independent appraisals, as considered necessary.
	Property Acquisitions
	We allocate the purchase price of acquired properties to net tangible and identified intangible assets and liabilities based on relative fair values of these assets and liabilities. Fair value estimates are based on information obtained from independent appraisals, market data, information obtained during due diligence and information related to the marketing and leasing at the specific property. The value of in-place leases is based on the difference between (i) the property valued with existing in-place leases adjusted to market rental rates and (ii) the property valued “as-if” vacant. As lease terms are typically one year or less, rates on in-place leases generally approximate market rental rates. Factors considered in the valuation of in-place leases include an estimate of the carrying costs during the expected lease-up period considering current market conditions, nature of the tenancy and costs to execute similar leases. Carrying costs include estimates of lost rentals at market rates during the expected lease-up period, net of variable operating expenses. The value of in-place leases is amortized on a straight-line basis over the remaining initial term of the respective leases, generally less than one year. The purchase price of property acquisitions is not expected to be allocated to tenant relationships, considering the terms of the leases and the expected levels of renewals. Acquisition-related costs such as due diligence, legal, accounting and advisory fees are either expensed as incurred for acquisitions that are consolidated or capitalized for acquisitions accounted for under the equity method of accounting.
	Ground Leases
	Ground lease expense is recognized on a straight-line basis over the term of the related lease.
	Cash, Cash Equivalents and Restricted Cash
	We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Restricted cash is excluded from cash for the purpose of preparing the accompanying condensed consolidated statements of cash flows. We maintain cash balances in various banks. At times our balances may exceed the amount insured by the Federal Deposit Insurance Corporation (“FDIC”). We do not believe this presents significant exposure for our business.
	Restricted cash includes escrow accounts held by lenders for the purpose of paying taxes, insurance and funding capital improvements. In certain instances, restricted cash consists of funds, required by a counter-party to our derivative contracts to serve as collateral for future settlements of those derivative contracts. At December 31, 2013, we held approximately $28.2 million with a qualified intermediary to facilitate a tax deferred Section 1031 like-kind exchange in conjunction with the disposition of four properties, and at September 30, 2014, we no longer had funds held in escrow for these dispositions. Our funds in escrow are typically held in interest bearing accounts covered under FDIC insurance subject to applicable limits.
	Deferred Financing Costs
	We defer costs incurred in obtaining financing and amortize the costs using the straight-line method, which approximates the effective interest method, over the expected terms of the related loans. Upon repayment of the underlying debt agreement, any unamortized costs are charged to earnings. Deferred financing costs, net of accumulated amortization, are included in other assets, net in the accompanying condensed consolidated balance sheets.
	Noncontrolling Interests
	Noncontrolling interests represent the portion of equity in our consolidated subsidiaries which is not attributable to the Campus Crest Communities, Inc.’s stockholders. Accordingly, noncontrolling interests are reported as a component of equity, separate from stockholders’ equity, in the accompanying condensed consolidated balance sheets. On the condensed consolidated statements of operations and comprehensive income (loss), operating results are reported at their consolidated amounts, including both the amount attributable to Campus Crest Communities, Inc.’s stockholders  and to noncontrolling interests.
	Real Estate Ventures
	We hold interests in our properties, both under development and in operation, through interests in both consolidated and unconsolidated real estate ventures. We assess our investments in real estate ventures to determine if a venture is a variable interest entity (“VIE”). Generally, an entity is determined to be a VIE when either (1) the equity investors (if any) lack one or more of the essential characteristics of a controlling financial interest, (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support or (3) the equity investors have voting rights that are not proportionate to their economic interests and substantially all of the activities of the entity involve or are conducted on behalf of an investor that has disproportionately fewer voting rights. We consolidate entities that are VIEs for which we are determined to be the primary beneficiary. In instances where we are not the primary beneficiary, we do not consolidate the entity for financial reporting purposes. The primary beneficiary is the entity that has both (1) the power to direct the activities that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. Entities that are not defined as VIEs are consolidated where we are the general partner (or the equivalent) and the limited partners (or the equivalent) in such investments do not have rights which would preclude control.
	For entities where we are the general partner (or the equivalent), but do not control the real estate venture, as the other partners (or the equivalent) hold substantive participating rights, we use the equity method of accounting. For entities where we are a limited partner (or the equivalent), management considers factors such as ownership interest, voting control, authority to make decisions and contractual and substantive participating rights of the partners (or the equivalent) to determine if the presumption that the general partner controls the entity is overcome. In instances where these factors indicate we control the entity, we consolidate the entity; otherwise we account for our investments using the equity method of accounting.
	Under the equity method, investments are initially recognized on the condensed consolidated balance sheets at cost and are subsequently adjusted to reflect our proportionate share of net earnings or losses of the entity, distributions received, contributions, other than temporary impairments and certain other adjustments, as appropriate. Any difference between the carrying amount of these investments on our condensed consolidated balance sheets and the underlying equity in net assets is amortized as an adjustment to equity in earnings of unconsolidated entities. When circumstances indicate there may have been a loss in value of an equity method investment below its carrying value, and we determine the loss in value is other than temporary, we recognize an impairment charge to reflect the investment at fair value (see Note 4 regarding our strategic repositioning initiatives).
	Segments
	We define business segments by their distinct customer base and services provided. We have identified two reportable business segments: (i) student housing operations and (ii) property management services (development and construction services have been presented as discontinued operations for the periods presented, see Note 4). We evaluate the performance of our operating segments based on operating income (loss). All inter-segment sales pricing is based on current market conditions. Unallocated corporate amounts include general expenses associated with managing our two reportable operating segments.
	Student Housing Revenue
	Students are required to execute lease contracts with payment schedules that vary from annual to monthly payments. We recognize revenues on a straight-line basis over the term of the lease contracts. Generally, each executed contract is required to be accompanied by a signed parental guaranty. Amounts received in advance of the occupancy period or prior to the contractual due date are recorded as deferred revenues and included in other liabilities on the accompanying condensed consolidated balance sheets.
	Property Management Services
	Management fees are recognized when earned in accordance with each management contract. Incentive management fees are recognized when the incentive criteria are met.
	Development and Construction Services (Presented in Discontinued Operations)
	Development and construction service revenue is recognized using the percentage of completion method, as determined by construction costs incurred relative to total estimated construction costs. For the purpose of applying this method, significant estimates are necessary to determine the percentage of completion as of the balance sheet date. This method is used because management considers total cost to be the best measure of progress toward completion of the contract. Any changes in significant judgments and/or estimates used in determining construction and development revenue could significantly change the timing or amount of construction and development revenue recognized.
	Development and construction service revenue is recognized for contracts with entities we do not consolidate. For projects where revenue is based on a fixed price, any cost overruns incurred during construction, as compared to the original budget, will reduce the net profit ultimately recognized on those projects. Profit derived from these projects is eliminated to the extent of our interest in the unconsolidated entity. Any incentive fees, net of the impact of our ownership interest if the entity is unconsolidated, are recognized when the project is complete and performance has been agreed upon by all parties, or when performance has been verified by an independent third party. When total development or construction costs at completion exceed the fixed price set forth within the related contract, such cost overruns are recorded as additional investment in the unconsolidated entity. Entitlement fees and arrangement fees, where applicable, are recognized when earned based on the terms of the related contracts.
	Allowance for Doubtful Accounts
	Allowances for student receivables are maintained to reduce our receivables to the amount that management estimates to be collectible, which approximates fair value. The allowance is estimated based on past due balances not received on contractual terms, as well as historical collections experience and current economic and business conditions. When management has determined that receivables are uncollectible, they are written off against the allowance for doubtful accounts. Recoveries of accounts previously written off are recorded when received.
	Derivative Instruments and Hedging Activities
	We enter into interest rate cap and interest rate swap agreements to manage floating interest rate exposure with respect to amounts borrowed, or forecasted to be borrowed, under credit facilities. These contracts effectively exchange existing or forecasted obligations to pay interest based on floating rates for obligations to pay interest based on fixed rates.
	All derivative instruments are recognized as either assets or liabilities on the condensed consolidated balance sheets at their respective fair values. Changes in fair value are recognized either in earnings or as other comprehensive income (loss), depending on whether the derivative has been designated as a cash flow hedge and whether it qualifies as part of a hedging relationship, the nature of the exposure being hedged and how effective the derivative is at offsetting movements in underlying exposure. We discontinue hedge accounting when: (i) we determine that the derivative is no longer effective in offsetting changes in the cash flows of a hedged item; (ii) the derivative expires or is sold, terminated or exercised; (iii) it is no longer probable that the forecasted transaction will occur; or (iv) management determines that designating the derivative as a hedging instrument is no longer appropriate. In situations in which hedge accounting is not initially designated, or is discontinued and a derivative remains outstanding, gains and losses related to changes in the fair value of the derivative instrument are recorded in current period earnings as a component of other income (loss) line item on the accompanying condensed consolidated statements of operations and comprehensive income (loss). Also included within this line item are any required monthly settlements on the swaps as well as any cash settlements paid.
	Income Taxes
	We have made an election to qualify, and believe we are operating so as to qualify, as a REIT under Sections 856 through 859 of the Internal Revenue Code. Our qualification as a REIT depends upon our ability to meet on a continuing basis, through actual investment and operating results, various complex requirements under the Internal Revenue Code relating to, among other things, the sources of our gross income, the composition and values of our assets, our distribution levels and the diversity of ownership of our stock. We believe that we are organized in conformity with the requirements for qualification and taxation as a REIT under the Internal Revenue Code and that our intended manner of operation will enable us to meet the requirements for qualification and taxation as a REIT.
	As a REIT, we generally will not be subject to U.S. federal and state income tax on taxable income that we distribute currently to our stockholders. If we fail to qualify as a REIT in any taxable year and do not qualify for certain statutory relief provisions, we will be subject to U.S. federal income tax at regular corporate rates and generally will be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which we lost our REIT qualification. Accordingly, our failure to qualify as a REIT could materially and adversely affect us, including our ability to make distributions to our stockholders in the future.
	We have made the election to treat TRS Holdings, our subsidiary which holds our management companies (as well as the development and construction companies included within discontinued operations) that provide services to entities in which we do not own 100% of the equity interests, as a TRS. As a TRS, the operations of TRS Holdings and its subsidiaries are generally subject to federal, state and local income and franchise taxes. Our TRS accounts for its income taxes in accordance with U.S. GAAP, which includes an estimate of the amount of taxes payable or refundable for the current year and deferred tax liabilities and assets for the future tax consequences of events that have been recognized in our financial statements or tax returns. Deferred tax assets and liabilities of the TRS entities are recognized based on the difference between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates in effect in the years in which those temporary differences are expected to reverse.
	We follow a two-step approach for evaluating uncertain tax positions. Recognition (step one) occurs when we conclude that a tax position, based solely on its technical merits, is more-likely-than-not (a likelihood of more than 50 percent) to be sustained upon examination. Measurement (step two) determines the amount of benefit that more-likely-than-not will be realized upon settlement. Derecognition of a tax position that was previously recognized would occur when we subsequently determined that a tax position no longer met the more-likely-than-not threshold of being sustained. The use of a valuation allowance as a substitute for derecognition of tax positions is prohibited.
	Comprehensive Income (Loss)
	Comprehensive income (loss) includes net income (loss) and other comprehensive income (loss), which consists of unrealized gains (losses) on derivative instruments and foreign currency translation adjustments. Comprehensive income (loss) is presented in the accompanying condensed consolidated statements of operations and comprehensive income (loss), and accumulated other comprehensive income (loss) is displayed as a separate component of stockholders’ equity.
	Stock-Based Compensation
	We grant restricted stock and restricted Operating Partnership ("OP Unit”) awards that typically vest over either a three or five year period. A restricted stock or OP Unit award is an award of shares of our common stock or OP Units that are subject to restrictions on transferability and other restrictions determined by our compensation committee at the date of grant. A grant date is established for a restricted stock award or restricted OP Unit award upon approval from our compensation committee and Board of Directors. The restrictions may lapse over a specified period of employment or the satisfaction of pre-established criteria as our compensation committee may determine. Except to the extent restricted under the award agreement, a participant awarded restricted stock or OP Units has all the rights of a stockholder or OP Unit holder as to these shares or units, including the right to vote and the right to receive dividends or distributions on the shares or units. The fair value of the award is determined based on the market value of our common stock on the grant date and is recognized on a straight-line basis over the applicable vesting period for the entire award with cost recognized at the end of any period being at least equal to the shares that were then vested.
	Foreign Currency
	Transactions denominated in foreign currencies are recorded in local currency at actual exchange rates at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet dates are reported at the rates of exchange prevailing at those dates. Any gains or losses arising on monetary assets and liabilities from a change in exchange rates subsequent to the date of the transaction have been included in discontinued operations, if resulting from operations within our development or construction service company, or other income (expense) in the accompanying condensed consolidated statements of operations and comprehensive income (loss). As of September 30, 2014, we had foreign currency exposure to the Canadian dollar. The aggregate transaction gains and losses included in the accompanying condensed consolidated statements of operations and comprehensive income (loss) for the three and nine months ended September 30, 2014 and 2013 were not significant.
	The financial statements of certain equity method investees and certain foreign subsidiaries are translated from their respective functional currencies into U.S. dollars using current and historical exchange rates. Translation adjustments resulting from this process are reported separately and included as a component of accumulated other comprehensive income (loss) in stockholders' equity in the accompanying condensed consolidated balance sheets. Upon sale or liquidation of our investments, the translation adjustment would be reported as part of the gain or loss on sale or liquidation. During the three and nine months ended September 30, 2014, we recognized a foreign currency translation loss of approximately $(1.6) million and $(1.4) million, respectively, related to our investment in Campus Crest Student Housing Montreal, LP ("CSH Montreal LP”). Foreign currency translation loss is included in accumulated other comprehensive loss on  the accompanying condensed consolidated balance sheets and in comprehensive income the accompanying condensed consolidated statements of operations and comprehensive income (loss).
	Insurance Recoveries
	Insurance recoveries are amounts due or received under our applicable insurance policies for asset damage and business interruption relating to the previously disclosed fire at The Grove at Pullman, Washington. Business interruption recovery is recorded when realized and included as a reduction within student housing operations expenses within the condensed consolidated statements of operations and comprehensive income (loss). For the three and nine months ended September 30, 2014, we recognized approximately $0.1 million and $1.2 million, respectively, of business interruption recovery.
	Variable Interest Entity
	During the year ended December 31, 2013, the Company entered into a variable interest entity ("VIE") with Copper Beech Townhome Communities, LLC ("CBTC") to develop, construct and manage a student housing property in Ames, Iowa. Using guidance found in ASC 810-10-50, the Company concluded that they are the primary beneficiary of the VIE and therefore have consolidated and included the results of operations of the VIE in the accompanying condensed consolidated statements of operations and comprehensive income (loss). The Company also included the carrying amount of the VIE's assets and liabilities in the accompanying condensed consolidated balance sheet. The Company recorded $0.6 million and $0.2 million in revenues and expenses, respectively, related to the VIE for the three and nine months ended September 30, 2014. The Company recorded $27.7 million in assets and $22.9 million in liabilities and $4.8 million of noncontroling interests on the accompanying condensed consolidated balance sheet for the three and nine months ended September 30, 2014.
Recent Accounting Pronouncements
In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers”. This ASU requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method nor have we determined the effect of the standard on our ongoing financial reporting.

Student_Housing_Properties

Student Housing Properties	9 Months Ended
	Sep. 30, 2014
Real Estate [Abstract]	'
Real Estate Disclosure [Text Block]	'
	3. Student Housing Properties
	The following is a summary of our student housing properties, net for the periods presented (in thousands):
		September 30,		December 31,
		2014		2013
	Land	$	75,739	$	58,439
	Buildings and improvements		778,806		597,141
	Furniture, fixtures and equipment		68,986		60,705
			923,531		716,285
	Less: accumulated depreciation		-120,121		-102,356
		$	803,410	$	613,929
	In January 2014, we consolidated The Grove at Denton, Texas, as we the acquired the outstanding 80% interest from HSRE resulting in an increase to our student housing properties (see Note 6).

Strategic_Repositioning_Initia

Strategic Repositioning Initiatives	9 Months Ended
	Sep. 30, 2014
Restructuring and Related Activities [Abstract]	'
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	'
	4. Strategic Repositioning Initiatives
	The Company has begun to implement a strategic repositioning of the Company which includes, among other things:
		-1	Simplifying the business model by discontinuing all construction and development and focusing on organic growth;
		-2	Reducing the number of joint ventures through planned dispositions of certain assets within its joint ventures to simplify asset ownership structure and reduce exposure to off-balance sheet obligations;
		-3	Exploring strategic options for the Company's investment in CSH Montreal LP;
		-4	Disposing of land which was previously held for future development (held in development in process as of September 30, 2014);
		-5	Identifying costs savings at the Company's properties and at the corporate office; and
		-6	Changing certain management.
	For the three months ended September 30, 2014, discontinued operations related to construction and development generated $4.6 million in revenues, offset by $7.2 million in operating expenses, no depreciation, and $2.9 million in severance for a net loss of $5.5 million.
	For the nine months ended September 30, 2014, construction and development revenues were $22.2 million, offset by $22.5 million in operating expenses, no depreciation and $2.9 million in severance for a net loss of $3.2 million. For the three months ended September 30, 2013, construction and development revenues were $17.0 million offset by $15.5 million of operating expenses and $0.5 million depreciation for the net income of $1.0 million. For the nine months ended September 30, 2014, construction and development generated revenue of $47.2 million offset by $42.4 million operating expenses and $2.1 million of depreciation for a net income of $2.7 million.
	During the quarter ended September 30, 2014, we recorded an impairment of $50.9 million in the condensed consolidated statement of operations and comprehensive income (loss) for certain of our unconsolidated entities, including $28.3 million related to HSRE I, HSRE V, HSRE VI and HSRE X (the “HSRE Investments”) and $22.6 million related to our investment in CSH Montreal LP. Factors giving rise to the strategic repositioning, including results below our expectations in original underwriting transactions and our communication from venture partner during the quarter ended September 30, 2014 about their desire to dispose of certain properties in the HSRE Investments in the near term, resulted in our determination that an other than temporary impairment existed. After the impairments were recorded, our carrying value of our HSRE Investments and investment in CSH Montreal LP were $12.8 million and $16.6 million, respectively. We engaged third-party specialists to assist us with our valuation of certain of the underlying properties in the HSRE Investments. An income approach was used to determine the fair value of our HSRE Investments. Inputs and assumptions included in the determination of fair value included our expectation of projected net operating income to be earned and capital expenditures to be incurred at the underlying properties and capitalization rates ranging between 6% and 8%. The capitalization rates were determined based on the marketability of each of the properties and the extent to which the operations of the property has stabilized. For our investment in CSH Montreal LP, we used a discounted cash flow valuation technique to estimate the fair value of the Company’s investment. The discounted cash flows take into consideration current occupancy levels with growing occupancies and revenue per available bed up to 95% and $1,050, respectively, over a five year period, an expected exit value based on a 7% capitalization rate, and a 9% discount rate. The discount rate includes our belief that the properties have not stabilized yet, given the occupancy levels of the properties owned by CSH Montreal LP during its first year of operations. These valuation techniques involve Level 3 inputs in the fair value hierarchy, and we believe that the highest and best use of these properties continues to be for student housing.
	In connection with exiting the construction and development businesses, during the quarter ended September 30, 2014, we recorded impairment for land and pre-development costs of $29.8 million in the condensed consolidated statement of operations and comprehensive income (loss), based on their estimated fair values. The fair values were obtained from third-party appraisals based on comparable properties (market approach; which involved Level 3 inputs in the fair value hierarchy).
	Additionally, we recorded $7.8 million of impairments of other assets related to corporate infrastructure changes, as a result of our strategic repositioning.
	The Company terminated the employment of certain employees and eliminated positions as part of the strategic repositioning. In connection with these terminations, the Company recorded severance of $3.6 million during the three months ended September 30, 2014, of which $2.9 million is included in loss from discontinued operations and $0.7 million is included in general and administrative expenses in the condensed consolidated statements of operations and comprehensive income (loss). The $3.6 million is accrued and included in accounts payable and accrued expenses in the condensed consolidated balance sheet. The Company expects a portion of the remaining balance to be paid in the fourth quarter of 2014 with the remainder to be paid through 2016.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	5. Income Taxes
	We believe we are operating so as to qualify as a REIT under the Internal Revenue Code. Therefore we are not subject to federal income tax as long as we distribute at least 90% of our REIT taxable income to our stockholders each year. As a result, no provision for federal income taxes has been included in the accompanying condensed consolidated financial statements. If we fail to qualify as a REIT, we will be subject to federal income tax (including any applicable alternative minimum tax) on our taxable income and to federal income and excise taxes on our undistributed income.
	Our TRSs are subject to federal, state, and local income taxes. As such, deferred income taxes result from temporary differences between the carrying amounts of assets and liabilities of the TRSs for financial reporting purposes and the amounts used for income tax purposes. Deferred tax assets and liabilities are measured using enacted tax rates in effect in the years in which those temporary differences are expected to reverse. Significant components of the deferred tax assets and liabilities of the TRSs are as follows (in thousands):
		September 30,		December 31,
		2014		2013
	Deferred tax assets:
	Solar investment tax credit	$	2,116	$	1,924
	Federal and state net operating loss		3,576		79
	Other		23		23
	Less: valuation allowance		-5,295		-484
	Total deferred tax assets, net of valuation allowance		420		1,542
	Deferred tax liabilities:
	Deferred revenue		-		-260
	Depreciation and amortization		-420		-355
	Total deferred tax liabilities		-420		-615
	Net deferred tax assets	$	-	$	927
	Due to our decision to discontinue construction and development operations, we believe it is more likely than not that we will not realize the value of our deferred tax assets, net of valuation allowance. Therefore, an increase of the valuation allowance of approximately $4.9 million and $4.8 million was recorded during the three and nine months ended September 30, 2014, respectively. We had no unrecognized tax benefits as of September 30, 2014 and December 31, 2013.

Business_Acquisitions

Business Acquisitions	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	6. Business Acquisitions
	Denton, Texas Acquisition
	In January 2014, we acquired from HSRE its 80% ownership interest in HSRE IV, in which we previously held a 20% interest and which owns The Grove at Denton, Texas, for approximately $7.7 million. Prior to the acquisition of this interest, we accounted for our ownership interest in the property under the equity method. In connection with evaluating our investment in HSRE IV for impairment as of December 31, 2013, we recognized a loss of approximately $0.3 million for the other than temporary decline in value of our previously held equity interest in the property. The acquisition date fair value of the Company’s equity interest in HSRE IV immediately before the acquisition of the remaining interest in HSRE IV was $1.9 million based on the purchase price of the transaction. Subsequent to our acquisition of this interest, we consolidated the balance sheet and results of operations of The Grove at Denton, Texas. Since the acquisition date, the acquired property has contributed a total of $2.7 million in revenue and ($0.9) million in losses for the nine months ended September 30, 2014.
	The following table is an allocation of the purchase price (in thousands):
	Land	$	4,770
	Buildings and improvements		18,276
	Furniture, fixtures and equipment		2,284
	In-place leases		1,524
	Other		-377
	Fair value of debt at acquisition		-16,901
			9,576
	Less estimated fair value of interest owned prior to acquisition		-1,915
		$	7,661

Investments_in_Unconsolidated_

Investments in Unconsolidated Entities	9 Months Ended
	Sep. 30, 2014
Equity Method Investments and Joint Ventures [Abstract]	'
Equity Method Investments and Joint Ventures Disclosure [Text Block]	'
	7. Investment in Unconsolidated Entities
	We have investments in real estate ventures with HSRE, the former members (the “CB Investors”) of Copper Beech Townhome Communities, LLC ("CBTC") and Copper Beech Townhome Communities (PA), LLC (“CBTC PA,” together with CBTC, "Copper Beech"), and Beaumont Partners SA (“Beaumont”) that we do not consolidate. These joint ventures are engaged primarily in developing, constructing, owning and managing student housing properties. Both we and our joint venture partners hold joint approval rights for major decisions, including those regarding property acquisitions and dispositions as well as property operation. As such, we have significant influence but not control in these joint ventures and account for them under the equity method of accounting.
	The Company acts as the operating member and day-to-day manager for our investments with HSRE and Beaumont and earns fees for these management services. Additionally, for the periods presented, the Company has provided development and construction services to the ventures with HSRE, Copper Beech and Beaumont and recognized fees as the services are performed. The fees related to development and construction services are included in "Income (loss) from discontinued operations" in the accompanying condensed consolidated statements of operations and comprehensive income (loss).
	In January 2014, CSH Montreal LP (“CSH Montreal”), our joint venture with Beaumont, acquired the ownership of HIM Holdings LP (“HIM Holdings”), an entity formed to facilitate the acquisition of the Holiday Inn Midtown in Montréal, Québec for approximately CAD 65 million ($58.6 million). In connection with the acquisition of the Holiday Inn property, we increased our ownership interest from 20.0% to 47.0% in CSH Montreal, the joint venture that owns the Holiday Inn Midtown (renamed evo à Sherbrooke) and the previously announced evo à Square Victoria. In January 2014, with the acquisition of the Holiday Inn Midtown property, we provided CAD 16.0 million ($15.0 million) of preferred bridge equity financing to CSH Montreal to be repaid to us on or before September 2, 2014. As of September 2, 2014, our preferred equity had not been repaid in full and as avesert we are now entitled to 40.54% of an cash distributions from CSH montreal with Beaumont and its partners being entitled to the remaining 39.46%. we retain our ownership interest of 47.0% in CSH Montreal. The Company estimates that it will be liable for approximately $5.2 million in future operating commitments through the 2014/2015 academic year. The Company is required to find operating commitments up to its 47.0% ownership in the partnership.
	In conjunction with the Holiday Inn Midtown acquisition, CSH Montreal entered into a CAD 112.0 million ($102.2 million) acquisition and development credit facility to help fund the conversion of both hotels into upscale student housing towers. The credit facility provides for variable interest-only payments at the higher of the Canadian Prime rate, which was 3.00% at September 30, 2014, plus a weighted average spread of 3.38% or the Canadian Dealer Offered Rate (“CDOR”), which was 1.26% at September 30, 2014, plus 1%, plus a weighted average spread of 3.38% through its maturity date on January 13, 2016. This facility has one twelve-month extension option, subject to lender approval.
	In January 2014, we amended and restated the HSRE-Campus Crest I, LLC operating agreement, which had the effect of exchanging our preferred interests in The Grove at San Angelo, Texas, and The Grove at Conway, Arkansas, for additional membership interests in HSRE-Campus Crest I, LLC, effectively increasing our equity investment in the joint venture to 63.9% from 49.9%. HSRE-Campus Crest I, LLC owns The Grove at San Angelo, Texas, The Grove at Lawrence, Kansas, and The Grove at Conway, Arkansas. In the event the joint venture is sold, the partners will share equally in the net proceeds. There were no other material changes to the agreement.
	On August 18, 2014, the Company elected not to exercise the first purchase option to acquire additional interests in the properties comprising the CB Portfolio.  As a result of this decision, the Company is entitled to 48.0% of the operating cash flows in the 35 operating properties, one office building and one parcel of land as well as 45.0% of the proceeds of any sale of any portion of the CB Portfolio. In addition, any future purchase options to acquire additional interests in the CB Portfolio are forfeited. During the three months ended September 30, 2014, and as a result in the change in ownership percentage in the CB Portfolio, the Company incurred a one-time non-cash charge of $34.0 million, which is included in the accompanying condensed consolidated statements of operations and comprehensive income (loss).
	We are the guarantor of the construction and mortgage debt or credit facilities of our joint ventures with HSRE and Beaumont. Details of our unconsolidated investments at September 30, 2014 are presented in the following table (dollars in thousands):
														Debt
																Weighted
							Number of									Average
			Our		Year		Properties In	Total		Total(5)		Net Total		Amount		Interest
	Unconsolidated Entities		Ownership		Founded		Operation	Investment		Impairment		Investment		Outstanding		Rate		Maturity Date / Range
	HSRE-Campus Crest I, LLC		63.9	%	2009		3	$	10,375	$	-10,168	$	207	$	32,485	2.66	-1%	2/9/15
	HSRE-Campus Crest V, LLC		10	%	2011		3		3,627		-3,627		-		49,614	2.87	-1%	12/20/2014 – 01/05/2015
	HSRE-Campus Crest VI, LLC		20	%	2012		3		12,618		-5,713		6,905		53,706	2.47	-1%	5/08/2015 – 12/19/2015
	HSRE-Campus Crest IX, LLC		30	%	2013		1		19,226		-		19,226		81,115	2.36	-1%	7/25/16
	HSRE-Campus Crest X, LLC		30	%	2013		2		9,915		-4,234		5,681		34,928	2.34	-1%	9/06/2016-9/30/2018
	CB Portfolio		48	-3%	2013		35		219,263		-		219,263		228,520	5.54	-2%	10/11/2014 – 10/01/2020
	CSH Montreal LP		60.5	-4%	2013		2		39,198		-22,626		16,572		77,993	6.38	-1%	1/13/16
	Total Unconsolidated Entities						49	$	-314,222	$	-46,368	$	267,854	$	558,361	4.3	%
	-1		Variable interest rates.
	-2		Comprised of fixed rate debt.
	-3		As of September 30, 2014, we had a 48.0% ownership interest in the CB Portfolio.
	-4		As of September 2, 2014, our ownership increased to 60.54% from 47.9% due to the conversion of preferred equity into common ownership interest. See discussion above.
	-5		Total impairment related to unconsolidated entities is $50.9 million as included on our condensed consolidated statements of operation and comprehensive income (loss). $4.5 million of this amount, related to HSRE V, is not included in the above table as it is related to guarantee obligations and has instead been included in other liabilities on our condensed consolidated balance sheet.
	The following is a summary of the combined financial position of our unconsolidated entities with HSRE and Beaumont in their entirety, not only our interest in the entities, for the periods presented (amounts in thousands):
			September 30,			December 31,
			2014			2013
	Assets
	Student housing properties, net(3)		$	550,408		$	289,797
	Development in process			-			81,994
	Other assets			17,019			15,341
	Total assets		$	567,427		$	387,132
	Liabilities and Owners' Equity
	Mortgage and construction loans		$	329,218		$	165,445
	Other liabilities			48,501			58,948
	Owners' equity			189,708			162,739
	Total liabilities and owners' equity		$	567,427		$	387,132
	Company's share of historical owners' equity		$	82,587		$	41,390
	Preferred investment(1)			7,322			16,468
	Net difference in carrying value of investment versus net book value of underlying net assets(2)			-40,958			5,388
	Carrying value of investment in unconsolidated entities		$	48,591		$	63,246
	-1	As of September 30, 2014, we had Class B membership interests in The Grove at Indiana, Pennsylvania, The Grove at Greensboro, North Carolina, and The Grove at Louisville, Kentucky, of approximately $2.7 million, $2.7 million and $1.9 million, respectively, entitling us to a 9.0% return on our investment upon the respective property being operational. We also had, from January to September 2, 2014, a CAD 16 million ($14.3 million) Class A interest in CSH Holdings entitling us to a commitment fee of 1.0% of the Class A interest each quarter and a 10.0% annual return on our investment. As of December 31, 2013, we had Class B membership interests in The Grove at San Angelo, Texas, The Grove at Conway, Arkansas, The Grove at Indiana, Pennsylvania, The Grove at Greensboro, North Carolina, and The Grove at Louisville, Kentucky, of approximately $2.8 million, $6.4 million, $2.7 million, $2.7 million and $1.9 million, respectively, entitling us to a 9.0% return on our investment upon the respective property being operational.
	-2	This amount represents the aggregate difference between our carrying amount and our underlying equity in the net assets of our investments, which is typically amortized over the life of the related asset. The basis differential occurs primarily due to the difference between the allocated value to acquired entity interests and the venture’s basis in those interests, the capitalization of additional investment in the unconsolidated entity, the elimination of service related revenue to the extent of our percentage ownership and the impairment charges discussed in Note 4.
	-3	Includes Montreal, though as of September 30, 2014, a portion of the property is still under construction. As the property is substantially compute and operational, the Company has chosen to include a student housing properties.
	ASC 323 Investments – Equity Method and Joint Ventures and Article 4.08(g) of Regulation S-X requires that summarized financial information of material investments accounted for under the equity method be provided of the investee’s financial position and results of operations including assets, liabilities and results of operations under the investee’s historical cost basis of accounting. Notwithstanding the extensive efforts of the Company and Copper Beech to compile the necessary financial information, we have determined that the information needed for the preparation of historical financial statements of the CB Portfolio to satisfy these requirements is not available or otherwise sufficiently reliable. As a result, we have elected to present financial information on our investment in Copper Beech on the Company’s cost basis for our investment as of September 30, 2014 as we believe this information is reliable and relevant to the users of our financial statements. Further, although we acknowledge that the information provided does not comply with all of the provisions of ASC 323 or Article 4.08(g) of Regulation S-X, we do not believe that the lack of the omitted disclosure, or the information of the financial position reflecting the cost basis of our investment provided results in a material omission or misstatement of the Company’s condensed consolidated financial statements taken as a whole.
	The following is a summary of the financial position reflecting the cost basis of our investments in the Copper Beech entities in their entirety for the 35 and 28 properties in the CB Portfolio as of September 30, 2014 and December 31, 2013, respectively (amounts in thousands):
			September 30,			December 31,
			2014			2013
	Assets
	Student housing properties, net		$	906,630		$	748,280
	Intangible assets			6,250			37,100
	Other assets			5,063			5,201
	Total assets		$	917,943		$	790,581
	Liabilities and Equity
	Mortgage and construction loans		$	477,202		$	421,239
	Other liabilities			17,670			13,112
	Owners' equity			423,071			356,230
	Total liabilities and owners' equity		$	917,943		$	790,581
	Company's share of historical owners' equity		$	203,074		$	244,964
	Net difference in carrying value of investment versus net book value of underlying net assets(1)			16,189			16,628
	Carrying value of investment in unconsolidated entity		$	219,263		$	261,592
-1	This amount represents the aggregate difference between our historical cost basis and the basis reflected at the entity level, which is typically amortized over the life of the related asset. The basis differential occurs primarily due to the capitalization of transaction costs incurred to acquire the Company's interests in the Copper Beech entities.
The following is a summary of the combined operating results for our unconsolidated entities with HSRE and Beaumont in their entirety, not only our interest in the entities, for the periods presented (in thousands):
		Three Months Ended					Nine Months Ended
		September 30,			September 30,		September 30,		September 30,
		2014			2013		2014		2013
Revenues		$	8,229		$	6,341	$	21,107	$	15,922
Expenses:
Operating expenses			5,691			3,070		12,886		8,327
Interest expense			2,089			1,260		4,329		3,553
Depreciation and amortization			2,037			1,592		5,902		4,298
Other expense			24			4,571		70		4,588
Total expenses			9,841			10,493		23,187		20,766
Net loss		$	-1,612		$	-4,152	$	-2,080	$	-4,844
The following is a summary of the operating results for our unconsolidated Copper Beech entities in their entirety, not only our interest in the entities. For the three months ended September 30, 2014, the summary includes results for 28 properties from July 1, 2014 through August 18, 2014 in which the company had an ownership interest and results for 35 properties from August 19, 2014 through September 30, 2014 in which the company had an ownership interest. For the nine months ended September 30, 2014, this summary includes results for 28 properties from January 1, 2014 through August 18, 2014 and results for 35 properties from August 19, 2014 through September 30, 2014. The summary includes the results for 35 properties for the three months ended September 30, 2013, and for the period from March 18, 2013 (the date of the transaction) through September 30, 2013. The following is a summary of the results for the three months ended September 30, 2013 and for the period from March 18, 2013 through September 30, 2013 and the three and nine months ended September 30, 2014 (in thousands):
		Three Months Ended					Nine Months		Period from
		September 30,			September 30,		Ended		March 18, 2013 to
		2014			2013		September 30, 2014		September 30, 2013
Revenues		$	22,413		$	22,899	$	60,706	$	49,400
Expenses:
Operating expenses			9,310			10,022		23,881		19,841
Interest expense			3,708			4,008		9,660		9,072
Depreciation and amortization			8,131			9,304		27,767		22,363
Other expenses			395			505		1,021		1,123
Total expenses			21,544			23,839		62,329		52,399
Net income (loss)		$	869		$	-940	$	-1,623	$	-2,999
During the three months ended September 30, 2014, the CB Portfolio had net cash provided by operating activities of approximately $5.6 million, net cash used in investing activities of approximately ($8.7) million and net cash used by financing activities of approximately $(10.4) million. During the nine months ended September 30, 2014, the CB Portfolio had net cash provided by operating activities of approximately $18.1 million, net cash used in investing activities of approximately $(23.4) million and net cash provided by financing activities of approximately $5.5 million.
The following table is the calculation of the Company’s equity in earnings (losses) in the CB Portfolio for the three and nine months ended September 30, 2014. As there are several components of the calculation, set forth below are notes corresponding to the notes included in the Company’s calculation to further explain these components (in thousands).
		Three Months Ended			Nine Months Ended
		September 30,			September 30,
		2014			2014
Net income (loss) incurred by the CB Portfolio based on the Company's purchase price(1)		$	869		$	-1,623
Campus Crest's share of net income (loss)			428			-1,241
Campus Crest percentage of preferred payment(2)			-			911
Campus Crest earnings from Copper Beech			428			-330
Amortization of basis difference(3)			-124			-356
Total equity in earnings (losses) in the CB Portfolio		$	304		$	-686
-1	The basis of the financial statements of the CB Portfolio used in the calculation of the Company’s equity in earnings for the three and nine months ended September 30, 2014 was computed using the Company’s cost basis for its investment in the CB Portfolio’s underlying assets and liabilities for its properties at the dates the Company acquired its interests in the CB Portfolio. The calculation includes the effects of purchase price adjustments determined at the date the Company acquired its interests in the CB Portfolio.
We consummated the acquisition of a 48.0% interest in 35 properties of the CB Portfolio. As a result of lender consents that were required to be obtained from various lenders to the CB Portfolio prior to our ownership, we completed our acquisition of the 48.0% interest in stages, which resulted in a variation in our ownership percentage from 25.3% to 48.0% in all 35 of the CB Portfolio operating properties from March 18, 2013 to September 30, 2013. Effective October 1, 2013, the Company and the CB Portfolio sellers amended the purchase and sale agreement, subject to receipt of all required third party consents, to increase the Company’s ownership interest by 19.0% in 28 of the 35 properties (thereby increasing its ownership in the 28 properties to 67%) in exchange for the Company’s 48.0% interest in seven of the properties (thereby reducing our ownership in the seven properties to 0%) and deferring the Company’s acquisition of any interests in two of the properties, plus a $20.2 million cash payment. Accordingly, the Company recognized its proportionate share of earnings of the CB Portfolio for the specific percentage of ownership interest we held during the applicable period, which was a 67.0% effective interest in the 28 properties during the first and second quarters of 2014 and through August 18, 2014. Due to the Company's decision not to exercise the first purchase option to acquire additional interests in the CB Portfolio, on August 19, 2014, the Company's ownership interest in all 35 operating properties in the CB Portfolio reverted to 48.0% and remained at 48.0% though September 30, 2014.
-2	As part of the purchase and sale agreement, the Company was entitled to receive a $13.0 million preferred payment over a one year period beginning March 18, 2013 and ending on March 17, 2014. As such, for the period from January 1, 2014 to March 17, 2014, the Company recorded in income its proportionate share of this payment, which corresponds to the portion of the CB Portfolio held by the other owners of Copper Beech.
-3	Included in the calculation of equity in earnings (losses) in the CB Portfolio is the amortization of the net difference in the Company’s carrying value of investment as compared to the underlying equity in net assets of the investee.
We were entitled to a preferred payment of $13.0 million for the first year of our investment and our proportionate share of the remaining operating cash flows in the CB Portfolio and we are currently entitled to our proportionate share of the operating cash flows in the CB Portfolio. During the period from March 18, 2013 to September 30, 2014, we were entitled to $13.0 million related to our preferred payment, all of which has been paid, and we received approximately $0.6 million in other distributions, as of September 30, 2014.

Debt

Debt	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	8. Debt
	The following is a summary of our mortgage and construction notes payable, the Credit Facility (defined below) and other debt for the periods presented (amounts in thousands):
			September 30,		December 31,
			2014		2013
	Fixed-rate mortgage loans		$	163,909	$	165,393
	Variable-rate mortgage loans			16,677		-
	Construction loans			98,566		40,138
	Line of credit			201,000		108,500
	Exchangeable senior notes			97,244		96,758
	Other debt			2,878		2,694
			$	580,274	$	413,483
	Mortgage and Construction Loans
	Mortgage and construction loans are collateralized by properties and their related revenue streams and/or underlying assets. Mortgage loans are not cross-defaulted or cross-collateralized with any other indebtedness. Our mortgage loans generally may not be prepaid prior to maturity; however, in certain cases, prepayment is allowed subject to certain prepayment penalties. Our construction loan agreements contain representations, warranties, covenants (including financial covenants upon commencement of operations) and other terms that are customary for construction financing. Construction loans are generally secured by a first deed of trust or mortgage on each property, primary Uniform Commercial Code filings, and an assignment of rents, leases and profits from the respective property. Mortgage and construction loans for the periods presented consisted of the following (in thousands):
					Principal		Principal
					Outstanding		Outstanding
			Face		at		at		Stated Interest	Interest Rate		Maturity
			Amount		9/30/14		12/31/13		Rate	at 9/30/2014		Date  (1)	Amortization
	Construction loans
	The Grove at Muncie		$	14,567	$	13,892	$	12,237	LIBOR + 225 BPS	2.41	%	7/3/15	Interest only
	The Grove at Slippery Rock			17,961		11,690		-	LIBOR + 215 BPS	2.31	%	6/21/16	Interest only
	The Grove at Fort Collins			19,073		19,073		17,228	LIBOR + 190 BPS	2.06	%	7/13/15	Interest only
	The Grove at Pullman			16,016		10,866		10,673	LIBOR + 220 BPS	2.36	%	9/5/15	Interest only
	The Grove at Grand Forks			16,916		12,457		-	LIBOR + 200 BPS	2.16	%	2/5/17	Interest only
	The Grove at Gainesville			30,069		16,225		-	LIBOR +215 BPS	2.31	%	3/13/17	Interest only
	Copper Beech at Ames			23,551		14,363		-	LIBOR + 225 BPS	2.41	%	5/2/17	Interest only
	Mortgage loans
	The Grove at Denton			17,167		16,677		-	LIBOR + 215 BPS	2.31	%	3/1/17	30 years
	The Grove at Milledgeville			16,250		15,694		15,847	6.12%	6.12	%	10/1/16	30 years	-2
	The Grove at Carrollton and			29,790		28,772		29,052	6.13%	6.13	%	10/11/16	30 years
	The Grove at Las Cruces
	The Grove at Asheville			14,800		14,355		14,500	5.77%	5.77	%	4/11/17	30 years	-2
	The Grove at Ellensburg			16,125		15,903		16,070	5.10%	5.1	%	9/1/18	30 years	-2
	The Grove at Nacogdoches			17,160		16,919		17,100	5.01%	5.01	%	9/1/18	30 years	-3
	The Grove at Greeley			15,233		15,009		15,194	4.29%	4.29	%	10/1/18	30 years	-3
	The Grove at Clarksville			16,350		16,307		16,350	4.03%	4.03	%	7/1/22	30 years	(3) (4)
	The Grove at Columbia			23,775		22,850		23,180	3.83%	3.83	%	7/1/22	30 years	-5
	The Grove at Statesboro			18,100		18,100		18,100	4.01%	4.01	%	1/1/23	30 years	-2
					$	279,152	$	205,531
		-1	For the construction loans, the maturity date is the stated maturity date in the respective loan agreements, which can be extended for an additional one to two years, subject to the satisfaction of certain conditions, depending on the loan.
		-2	Loans require interest only payments, plus certain reserves and escrows, that are payable monthly for a period of five years. Monthly payments of principal and interest, plus certain reserve and escrow amounts, are due thereafter until maturity when all principal is due.
		-3	Interest only for the first two years, followed by 30 year amortization.
		-4	Loan requires interest only payments, plus certain reserves and escrows payable monthly through August 2014, thereafter, principal and interest, plus certain reserves and escrows that are payable monthly until maturity.
		-5	Loan requires monthly payments of principal and interest, plus certain reserve and escrows, until maturity when all principal is due.
	Line of Credit
	In January 2013, we entered into a credit agreement (the “Second Amended and Restated Credit Agreement”) with Citibank, N.A. and certain other parties. The Second Amended and Restated Credit Agreement provides for a senior unsecured credit facility (the "Revolving Credit Facility") of up to $250.0 million, with sub-limits of $30.0 million for swing line loans and $15.0 million for letters of credit. The Second Amended and Restated Credit Agreement also provides for a term loan of $50.0 million (the "Term Loan" and, together with the Revolving Credit Facility, the "Amended Credit Facility").
	As of September 30, 2014, we had approximately $151.0 million outstanding under our Revolving Credit Facility and $50.0 million outstanding under the Term Loan. The amounts outstanding under our Revolving Credit Facility and Term Loan, as well as outstanding letters of credit, will reduce the amount that we may be able to borrow under this facility for other purposes. As of September 30, 2014, we had approximately $70.8 million in borrowing capacity under our Revolving Credit Facility, and amounts borrowed under the facility are due at its maturity in January 2017, subject to a one-year extension, which we may exercise at our option, subject to the satisfaction of certain terms and conditions, including the payment of an extension fee. The amount available for us to borrow under the Amended Credit Facility is based on the sum of (a) the lesser of (i) 60.0% of the "as-is" appraised value of our properties that form the borrowing base of the Amended Credit Facility and (ii) the amount that would create a debt service coverage ratio of not less than 1.5, and (b) 50% of the aggregate of the lesser of (i) the book value of each of our development assets (as such term is defined in the Second Amended and Restated Credit Agreement) and (ii) the "as-is" appraised value of each of our development assets, subject to certain limitations in the Second Amended and Restated Credit Agreement.
	We incur an unused fee on the balance between the amount available under the Revolving Credit Facility and the amount outstanding under the Revolving Credit Facility (i) of 0.30% per annum if our average borrowing is less than 50.0% of the total amount available or (ii) 0.25% per annum if our average borrowing is greater than 50.0% of the total amount available.
	Additionally, the Amended Credit Facility has an accordion feature that allows us to request an increase in the total commitments from $300.0 million to $600.0 million, subject to conditions. Amounts outstanding under the Amended Credit Facility bear interest at a floating rate equal to, at our election, the Eurodollar Rate or the Base Rate (each as defined in the Second Amended and Restated Credit Agreement) plus a spread that depends upon our leverage ratio. The spread for borrowings under the Revolving Credit Facility ranges from 1.75% to 2.50% for Eurodollar Rate based borrowings and from 0.75% to 1.50% for Base Rate based borrowings, and the spread for the Term Loan ranges from 1.70% to 2.45% for Eurodollar Rate based borrowings and from 0.70% to 1.45% for Base Rate based borrowings. At September 30, 2014, the interest rate on the Revolving Credit Facility borrowings and Term Loan was 2.37% and 2.32%, respectively.
	Our ability to borrow under the Amended Credit Facility is subject to its ongoing compliance with a number of customary financial covenants, including:
		·	a maximum leverage ratio of not greater than 0.60:1.00;
		·	a minimum fixed charge coverage ratio of not less than 1.50:1.00;
		·	a minimum ratio of fixed rate debt and debt subject to hedge agreements to total debt of not less than 66.67%;
		·	a maximum secured recourse debt ratio of not greater than 20.0%;
		·	a minimum tangible net worth of not less than the sum of $330,788,250 plus an amount equal to 75.0% of the net proceeds of any additional equity issuances; and
		·	a maximum secured debt ratio of not greater than 50% through February 17, 2013 and not greater than 45.0% on any date thereafter.
	Pursuant to the terms of the Amended Credit Facility, we may not pay distributions that exceed the greater of (i) 95.0% of our funds from operations, or (ii) the minimum amount required for us to qualify and maintain our status as a REIT. If a default or event of default occurs and is continuing, we also may be precluded from making certain distributions (other than those required to allow the Company to qualify and maintain its status as a REIT). On September 30, 2014, the Company received a waiver with respect to the distribution payout ratio for each distribution payout date through the end of 2015. The waiver was expressly conditioned on the following: (i) no default or event of default shall have occurred and be continuing and (ii) as each test date during 2015, the payout ratio shall be equal to or less than (A) 105% or (B) such greater amount as may be required by applicable law for the Company to maintain its status of a REIT.
	We and certain of our subsidiaries guarantee the obligations under the Amended Credit Facility and we and certain of our subsidiaries have provided a negative pledge against specified assets (including real property), stock and other interests.
	As of September 30, 2014, we were in compliance with the above financial covenants with respect to our Amended Credit Facility.
	Exchangeable Notes
	We have outstanding $100.0 million of 4.75% Exchangeable Senior Notes due 2018 (the “Exchangeable Senior Notes”) which bear interest at 4.75% per annum. Interest is payable on April 15 and October 15 of each year beginning April 15, 2014 until the maturity date of October 15, 2018. The Operating Partnership’s obligations under the Exchangeable Senior Notes are fully and unconditionally guaranteed by the Company. The Exchangeable Senior Notes are senior unsecured obligations of the Operating Partnership and rank equally in right of payment with all other existing and future senior unsecured indebtedness of the Operating Partnership.
	The Exchangeable Senior Notes contain an exchange settlement feature which allows the holder, under certain circumstances, to exchange its Exchangeable Senior Notes for cash, shares of the Company’s common stock or a combination of cash and shares of common stock, at the option of the Operating Partnership, based on an initial exchange rate of 79.602 shares of common stock per $1,000 principal amount of Exchangeable Senior Notes. At the initial exchange rate, the Exchangeable Senior Notes are exchangeable for common stock at an exchange price of approximately $12.56 per share of common stock.
	The Exchangeable Senior Notes will be exchangeable by the holder under the following circumstances on or prior to July 15, 2018: i) during any calendar quarter beginning after December 31, 2013 (and only during such quarter) if the closing sale price of the common stock, $0.01 par value per share, of the Company is more than 130% of the then-current exchange price for at least 20 trading days (whether or not consecutive) in the period of the 30 consecutive trading days ending on the last trading day of the previous calendar quarter; ii) during the five consecutive business-day period following any five consecutive trading-day period in which the trading price per $1,000 principal amount of notes for each trading day during such five trading day period was less than 98% of the closing sale price of the common stock of Campus Crest, or Campus Crest common stock, for each trading day during such five trading-day period multiplied by the then current exchange rate; or iii) upon the occurrence of specified corporate transactions described in the indenture governing the Exchangeable Senior Notes. On or after July 15, 2018, and on or prior to the second scheduled trading day immediately preceding the maturity date, holders of the Exchangeable Senior Notes may exchange their notes without regard to the foregoing conditions. Following certain corporate transactions that occur prior to maturity of the Exchangeable Senior Notes and that also constitute a make-whole fundamental change, the Operating Partnership will increase the exchange rate for holders who elect to exchange notes in connection with such make-whole fundamental change in certain circumstances. If specified fundamental changes involving the Operating Partnership or the Company occur, holders may require the Operating Partnership to repurchase the Exchangeable Senior Notes for cash at a price equal to 100% of the principal amount of the Exchangeable Senior Notes to be purchased plus any accrued and unpaid interest to, but excluding, the repurchase date.
	The Operating Partnership may not redeem the Exchangeable Senior Notes prior to the maturity date. At any time prior to July 15, 2018, the Operating Partnership may irrevocably elect, in its sole discretion without the consent of the holders of the Exchangeable Senior Notes, to settle all of the future exchange obligation entirely in shares of the Company's common stock. On or after July 15, 2018, the Exchangeable Senior Notes will be exchangeable at any time prior to the close of business on the second business day immediately preceding the maturity date.

Fair_Value_Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	9. Fair Value Disclosures
	Fair value guidance for financial assets and liabilities that are recognized and disclosed in the accompanying condensed consolidated financial statements on a recurring basis and nonfinancial assets on a nonrecurring basis establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The three levels of the fair value hierarchy are as follows:
	Level 1 — Observable inputs, such as quoted prices in active markets at the measurement date for identical, unrestricted assets or liabilities.
	Level 2 — Other than quoted prices included in Level 1 inputs that are observable for the asset or liability, either directly or indirectly, such as quoted prices in markets that are not active or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability.
	Level 3  —  Unobservable inputs for which there is little or no market data and which we make our own assumptions about how market participants would price the asset or liability.
	As of September 30, 2014 and December 31, 2013, our financial assets and liabilities carried at fair value on a recurring basis consisted of our interest rate caps. The fair values of interest rate caps are determined using the market standard methodology of discounting the future expected cash receipts that would occur if variable interest rates rise above the strike rate of the interest rate caps. The variable interest rates used in the calculation of projected receipts on the interest rate cap are based on an expectation of future interest rates derived from observable market interest rate curves and volatilities. For our interest rate caps, we incorporate credit valuation adjustments to appropriately reflect our respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of derivative contracts for the effect of nonperformance risk, we consider the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds and guarantees.
	As of September 30, 2014 and December 31, 2013, the fair value of our interest rate caps, valued using level 2 inputs, was approximately zero.
	Fair Value of Financial Instruments
	The fair value of a financial instrument represents the amount at which the instrument could be exchanged in a current transaction between market participants at the measurement date (exit price), other than in a forced sale or liquidation. In instances where inputs used to measure fair value fall into different levels of the fair value hierarchy, the level in the fair value hierarchy within which the fair value measurement in its entirety has been determined is based on the lowest level input significant to the fair value measurement in its entirety. Our assessment of the significance of a particular input to the fair value measurement requires judgment and considers factors specific to the asset or liability.
	Financial instruments consist primarily of cash, cash equivalents, restricted cash, student receivables, interest rate caps, interest rate swaps, accounts payable, mortgages, construction loans, Exchangeable Senior Notes, the line of credit and other debt and guarantees. The carrying value of cash, cash equivalents, restricted cash, student receivables and accounts payable are representative of their respective fair values due to the short-term nature of these instruments. The estimated fair value of our revolving line of credit approximates the outstanding balance due to the frequent market based re-pricing of the underlying variable rate index. The estimated fair values of our mortgages, construction loans and Exchangeable Senior Notes were determined by comparing current borrowing rates and risk spreads to the stated interest rates and risk spreads. The weighted average interest rate for all borrowings was 3.62% and 4.23% at September 30, 2014 and December 31, 2013, respectively. The fair value of an guarantees are disclosed in Note 15.
	The following is a summary of the fair value of our mortgages, construction loans payable, other debt and Exchangeable Senior Notes aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands):
		Estimated Fair Value
		Quoted Prices in
		Active Markets
		for Identical		Significant Other		Significant
		Assets and		Observable		Unobservable
		Liabilities		Inputs		Inputs
	September 30, 2014	(Level 1)		(Level 2)		(Level 3)		Carrying Value
	Fixed-rate mortgage loans	$	-	$	163,537	$	-	$	163,909
	Variable-rate mortgage loans		-		16,520		-		16,677
	Construction loans		-		97,885		-		98,566
	Exchangeable Senior Notes		-		100,831		-		97,244
	Other Debt		-		2,957		-		2,878
	31-Dec-13
	Fixed-rate mortgage loans		-		161,379		-		165,393
	Variable-rate mortgage loans		-		-		-		-
	Construction loans		-		40,258		-		40,138
	Exchangeable Senior Notes		-		98,547		-		96,758
	Other Debt		-		2,671		-		2,694
	Fair Value Measurements on a Nonrecurring Basis
	Assets measured at fair value on a nonrecurring basis on our accompanying condensed consolidated balance sheets consist of joint venture investments related to HSRE I, HSRE V, HSRE VI and HSRE X (the “HSRE Investments”) and to our investment in CSH Montreal LP and land parcels that were written-down to estimated fair value at September 30, 2014. The valuation techniques and inputs used to develop the fair value estimates of the HSRE investments and certain land parcels are described in Note 4. Factors giving rise to the strategic repositioning, including results below our expectations in original underwriting transactions and our communication from venture partner during the quarter ended September 30, 2014 about their desire to dispose of certain properties in the HSRE Investments in the near term, resulted in our determination that an other than temporary impairment existed. After the impairments were recorded, our carrying value of our HSRE Investments and investment in CSH Montreal LP were $12.8 million and $16.6 million, respectively. We engaged third-party specialists to assist us with our valuation of certain of the underlying properties in the HSRE Investments. An income approach was used to determine the fair value of our HSRE Investments. Inputs and assumptions included in the determination of fair value included our expectation of projected net operating income to be earned and capital expenditures to be incurred at the underlying properties and capitalization rates between ranging 6% and 8%. The capitalization rates were determined based on the marketability of each of the properties and the extent to which the operations of the property has stabilized. For our investment in CSH Montreal LP, we used a discounted cash flow valuation technique to estimate the fair value of the Company’s investment. The discounted cash flows take into consideration current occupancy levels with growing occupancies and revenue per available bed up to 95% and $1,050, respectively, over a five year period, an expected exit value based on a 7% capitalization rate, and a 9% discount rate. The discount rate includes our belief that the properties have not stabilized yet, given the occupancy levels of the properties owned by CSH Montreal LP during its first year of operations. These valuation techniques involve Level 3 inputs in the fair value hierarchy, and we believe that the highest and best use of these properties continues to be for student housing.
	The table below aggregates the fair values of these assets by their level n the fair value hierarchy.
		As of September 30, 2014
		Total		Level 1		Level 2		Level 3
	HSRE JV -I	$	207	$	-	$	-	$	207
	HSRE JV -V		-		-		-		-
	HSRE JV - VI		6,905		-		-		6,905
	HSRE JV-X		5,681		-		-		5,681
	Investment in CSH Montreal LP		16,571		-		-		16,571
	Land Parcels		31,765		-		-		31,765
	Total Assets	$	61,129	$	-	$	-	$	61,129

Earnings_per_Share

Earnings per Share	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	10. Earnings per Share
	Basic earnings per share is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of our common stock outstanding during the period. All unvested stock-based payment awards are included in the computation of basic earnings per share. The computation of diluted earnings per share includes OP Units and restricted OP Units in the weighted average shares. The conversion of Exchangeable Senior Notes was not included in the computation of diluted earnings per share because the conversion is anti-dilutive. Net income (loss) attributable to these noncontrolling interests is added back to net income (loss) available to common stockholders in the computation of diluted earnings per share unless the effect of their conversion is anti-dilutive in nature.
	Computations of basic and diluted income (loss) per share for the periods presented are as follows (amounts in thousands, except per share data):
			Three Months Ended				Nine Months Ended
			September 30,		September 30,		September 30,		September 30,
			2014		2013		2014		2013
	Basic earnings:
	Income (loss) from continuing operations		$	-122,188	$	3,895	$	-123,846	$	8,305
	Preferred stock dividends			-3,050		-1,150		-9,150		-3,450
	Income (loss) from continuing operations attributable to noncontrolling interests			-731		21		-751		39
	Income (loss) from continuing operations attributable to common stockholders			-124,507		2,724		-132,245		4,816
	Income (loss) from discontinued operations			-5,506		958		-3,191		2,655
	Income (loss) from discontinued operations attributable to noncontrolling interests			-39		5		-22		12
	Income (loss) from discontinued operations attributable to common stockholders			-5,467		953		-3,169		2,643
	Net income (loss) attributable to common stockholders		$	-129,974	$	3,677	$	-135,414	$	7,459
	Weighted average common shares outstanding:
	Basic			64,770		64,518		64,650		58,461
	Incremental shares from assumed conversion — OP units (1)			-		435		-		435
	Diluted			64,770		64,953		64,650		58,896
	Basic and Diluted earnings per share:
	Income (loss) from continuing operations attributable to common stockholders		$	-1.92	$	0.05	$	-2.04	$	0.08
	Income from discontinued operations attributable to common stockholders			-0.09		0.01		-0.05		0.05
	Net income (loss) attributable to common stockholders		$	-2.01	$	0.06	$	-2.09	$	0.13
		-1	The effect of the inclusion of all potentially dilutive securities would be anti-dilutive when computing diluted earnings per share. Therefore, the computation of both basic and diluted earnings per share is the same. For the three and nine month period ended September 30, 2014, 434,093 OP units and restricted OP units were not included in the computation of diluted earnings per share because the effects of their inclusion would be anti-dilutive.

Equity

Equity	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	11. Equity
	Preferred Stock
	Our 8.0% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”) ranks senior to our common stock with respect to dividend rights and rights upon the voluntary or involuntary liquidation, dissolution or winding up of our affairs. We pay cumulative dividends on the Series A Preferred Stock from the date of original issue at a rate of 8.00% per annum of the $25.00 liquidation preference per share (equivalent to the fixed annual rate of $2.00 per share). Dividends on the Series A Preferred Stock are payable quarterly in arrears on or about the 15th day of January, April, July and October of each year.
	We may not redeem the Series A Preferred Stock prior to February 9, 2017, except in limited circumstances relating to our ability to qualify as a REIT. On or after February 9, 2017, we may, at our option, redeem the Series A Preferred Stock, in whole or in part, at any time or from time to time, for cash at a redemption price of $25.00 per share, plus all accrued and unpaid dividends on such Series A Preferred Stock to, but not including, the date of redemption. The Series A Preferred Stock has no maturity date and is not subject to mandatory redemption or any sinking fund. Holders of shares of the Series A Preferred Stock will generally have no voting rights except for limited voting rights if we fail to pay dividends for six or more quarterly periods (whether or not consecutive) and in certain other circumstances.
	Common Shares and OP Units
	An OP Unit and a share of our common stock have essentially the same economic characteristics as they share equally in the net income (loss) and distributions of the Operating Partnership. An OP Unit may be tendered for redemption for cash or share of common stock; however, we have sole discretion and must have a sufficient amount of authorized common stock to exchange OP Units for shares of common stock on a one-for-one basis.
	As of September 30, 2014, there were approximately 65.2 million OP Units outstanding, of which approximately 64.8 million, or 99.3%, were owned by us and approximately 0.4 million, or 0.7%, were owned by other partners, including certain of our executive officers. As of September 30, 2014, the fair market value of the OP Units not owned by us was $2.8 million, based on a market value of $6.40 per unit, which was the closing stock price per shares of our common stock on the New York Stock Exchange on September 30, 2014.
	The following is a summary of changes in the shares of our common stock for the periods shown (in thousands):
		For the Nine Months Ended
		September 30, 2014	September 30 2013
	Common shares at beginning of period	64,502	38,558
	Issuance of common shares	-	25,530
	Issuance of restricted shares	357	496
	Forfeiture of restricted shares	-80	-72
	Common shares at end of period	64,779	64,512
	We have an At-The-Market offering program under which we may sell at market price up to $100.0 million in shares of the Company’s common stock over the term of the program. As of September 30, 2014, we had not issued and sold any shares under this program.
	Dividends and Distributions
	For the three months ended September 30, 2014 and 2013, we declared dividends of $0.165 per share, totaling approximately $10.8 million and $10.7 million, respectively.
	On July 22, 2014, our Board of Directors declared a third quarter 2014 dividend of $0.165 per share of common stock and OP Unit. The dividends were paid on October 8, 2014, to stockholders of record on September 24, 2014. At September 30, 2014, we accrued approximately $10.8 million related to our common stock dividend in accounts payable and accrued expenses in our accompanying condensed consolidated balance sheet.
	On July 22, 2014, our Board of Directors also declared a cash dividend of $0.50 per share of Series A Preferred Stock for the third quarter of 2014. The preferred stock dividend was paid on October 15, 2014, to stockholders of record on September 24, 2014. At September 30, 2014, we accrued approximately $2.5 million related to our preferred stock dividend in accounts payable and accrued expenses in our accompanying condensed consolidated balance sheet.
	On September 30, 2014, the Company's Board of Directors declared its intent to lower the common stock dividend upon final review of forecast revisions; the fourth quarter dividend will be announced in December 2014.
	The Company paid dividends to common stockholders of $10.8 million and $32.0 million for the three and nine months ended September 30, 2014, respectively. The Company has used cash provided by operating activities for all cash distributions through September 30, 2014.

Incentive_Plans

Incentive Plans	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule Of Nonvested Share Activity [Text Block]	'
	12. Incentive Plans
	We have adopted the 2010 Amended and Restated Equity Incentive Compensation Plan (the “Incentive Plan”) which permits the grant of incentive awards to executive officers, employees, consultants and non-employee directors. In April 2014, the Company’s stockholders approved an amendment to the Incentive Plan, which increased the aggregate number of shares of common stock the Company may issue under the Incentive Plan to 5.3 million. As of September 30, 2014 and December 31, 2013, approximately 2.5 million and 0.3 million shares of common stock, respectively, were available for issuance under the Incentive Plan.
	Restricted Stock Awards
	Awards to executive officers and employees vest over a three year period and are subject to restriction based upon employment in good standing with the Company. Awards to non-employee directors vest over a three or five year period and are subject to restriction based upon continued service on our Board of Directors.
	At September 30, 2014, total unrecognized compensation cost related to restricted stock awards was approximately $6.1 million and is expected to be recognized over a remaining weighted average period of 1.4 years.
	During the three months ended September 30, 2014 we recognized stock compensation expense of approximately $0.9 million (net of immaterial vesting forfeitures) and capitalized stock compensation expense of approximately $0.5 million. During the three months ended September 30, 2013, we recognized stock compensation expense of approximately $0.8 million (net of vesting forfeitures of approximately $0.1 million) and capitalized stock compensation expense of approximately $0.3 million.
	During the nine months ended September 30, 2014 we recognized stock compensation expense of approximately $1.4 million (net of vesting forfeitures of approximately $0.2 million) and capitalized stock compensation expense of approximately $1.3 million. During the nine months ended September 30, 2013, we recognized stock compensation expense of approximately $2.3 million (net of vesting forfeitures of approximately $0.4 million) and capitalized stock compensation expense of approximately $0.7 million.
	Restricted OP Units
	At September 30, 2014, we had no remaining unrecognized compensation cost related to restricted OP Units. During the three and nine months ended September 30, 2014, we recognized no stock compensation expense related to the vesting of restricted OP Units. During the three and nine months ended September 30, 2013, we recognized stock compensation expense related to the vesting of restricted OP Units of approximately $0.2 million and $0.5 million, respectively, and capitalized stock compensation expense of approximately $0.1 million and $0.3 million, respectively. There were no vesting forfeitures related to restricted OP Units during the three and nine months ended September 30, 2013.
	The following is a summary of our restricted common stock activity for the period shown (in thousands, except weighted average grant price):
		Restricted		Weighted
		Common		Average
		Stock		Grant Price
	Unvested balances at December 31, 2013		648	$	11.97
	Granted		357		9.01
	Vested		-254		9.71
	Forfeited		-80		10.96
	Unvested balances at September 30, 2014		671	$	11.16

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	13. Related Party Transactions
	We lease aircraft from entities in which two of our former executive officers have an ownership interest. For the three and nine months ended September 30, 2014 and 2013, we incurred travel costs to these entities of $0.1 million and $0.2 million, respectively.
	We are party to an agreement with an initial term of five years with a subsidiary of an entity affiliated with our Executive Chairman and interim Chief Executive Officer pursuant to which we offer our tenants a program of insurance services and products. Pursuant to the agreement, we received an upfront payment of $100,000 and will receive fees for each tenant we refer that enrolls in the program. Additionally, we remit fees paid by the tenant for insurance services and products to the entity affiliated with our Executive Chairman and interim Chief Executive Officer. We are not the insurer for such insurance services and products sold. We remitted $0.3 million and $1.0 million for the three and nine months ended September 30, 2014, respectively.

Segments

Segments	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	14. Segments
	The operating segments in which management assesses performance and allocates resources are student housing operations and management services. Our segments reflect management’s resource allocation and performance assessment in making decisions regarding the Company. Our student housing rental and student housing services revenues are aggregated within the student housing operations segment.
	The following tables set forth our segment information for the periods presented (in thousands):
		Three Months Ended				Nine Months Ended
		September 30,		September 30,		September 30,		September 30,
		2014		2013		2014		2013
	Student Housing Operations:
	Revenues from external customers	$	28,028	$	23,032	$	77,299	$	66,763
	Operating expenses		18,785		13,915		54,699		42,430
	Income from wholly-owned student housing operations		9,243		9,117		22,600		24,333
	Impairment of unconsolidated entities		-50,866		-		-50,866		-
	Effect of not exercising Copper Beech purchase option		-34,047		-		-34,047		-
	Equity in earnings of unconsolidated entities		635		1,302		63		3,608
	Operating income (loss)		-75,035		10,419		-62,250		27,941
	Nonoperating expenses		-2,736		-2,634		-7,889		-7,716
	Net income (loss)		-77,771		7,785		-70,139		20,225
	Net income (loss) attributable to noncontrolling interest		-754		75		-680		196
	Net income (loss) attributable to common stockholders	$	-77,017	$	7,710	$	-69,459	$	20,029
	Depreciation and amortization	$	6,724	$	5,241	$	20,468	$	16,535
	Capital expenditures	$	43,964	$	47,026	$	125,269	$	110,763
	Investment in unconsolidated entities	$	267,854	$	323,268	$	267,854	$	323,268
	Total segment assets at end of period	$	1,180,175	$	1,155,452	$	1,180,175	$	1,155,452
	Property Management Services:
	Revenues from external customers	$	281	$	225	$	711	$	539
	Intersegment revenues		1,084		896		2,078		2,251
	Total revenues		1,365		1,121		2,789		2,790
	Operating expenses		1,536		743		2,749		1,647
	Net income (loss)		-171		378		40		1,143
	Net income (loss) attributable to noncontrolling interest		-1		4		1		11
	Net income (loss) attributable to common stockholders	$	-170	$	374	$	39	$	1,132
	Depreciation and amortization	$	38	$	35	$	63	$	98
	Total segment assets at end of period	$	0	$	0	$	0	$	0
	Reconciliations:
	Total segment revenues	$	29,393	$	24,153	$	80,088	$	69,553
	Elimination of intersegment revenues		-1,084		-896		-2,078		-2,251
	Total consolidated revenues	$	28,309	$	23,257	$	78,010	$	67,302
	Segment operating income (loss)	$	-75,206	$	10,797	$	-62,210	$	29,084
	Change in fair value of interest rate derivatives		-		-		-		-73
	Interest expense		-3,639		-3,091		-9,965		-8,764
	Impairment of land & pre-development costs		-29,790		-		-29,790		-
	Write-off of corporate other assets		-7,765		-		-7,765		-
	Net unallocated expenses related to corporate overhead		-4,616		-4,467		-13,513		-13,742
	Other income (loss)		-41		696		129		1,494
	Income (loss) from continuing operations, before income tax benefit (expense)	$	-121,057	$	3,935	$	-123,115	$	7,999
	Total segment assets	$	1,180,175	$	1,155,452	$	1,180,175	$	1,155,452
	Unallocated corporate assets and eliminations		20,947		29,300		20,947		29,300
	Total assets at end of period	$	1,201,122	$	1,184,752	$	1,201,122	$	1,184,752

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	15. Commitments and Contingencies
	Commitments
	In the ordinary course of business, certain liens related to the construction of the student housing real estate property may be attached to our assets by contractors or suppliers. Campus Crest Construction, LLC, a wholly-owned subsidiary of the Company, is responsible as the general contractor for resolving these liens. There can be no assurance that we will not be required to pay amounts greater than currently recorded liabilities to settle these claims.
	We have properties that are subject to long-term ground leases. Typically, these properties are located on the campuses of colleges or universities. We have the right to encumber our leasehold interests with specific property mortgages for the purposes of constructing, remodeling or making improvements on or to these properties. Title to all improvements paid for and constructed on the land remains with us until the earlier of termination or expiration of the lease, at which time the title of any buildings constructed on the land will revert to the landlord. Should we decide to sell our leasehold interests during the initial term or any renewal terms, the landlord has a right of first refusal to purchase the interests for the same purchase price under the same terms and conditions as contained in our offer to sell our leasehold interests.
	We lease space for our corporate headquarters office. Rent is recognized on a straight-line basis. Future minimum payments over the life of our corporate office lease and long-term ground leases subsequent to September 30, 2014 are as follows (in thousands):
	2014	$	368
	2015		1,473
	2016		1,484
	2017		1,500
	2018		1,489
	Thereafter		40,673
	Total future minimum lease payments	$	46,987
	We guarantee certain mortgage and construction loans and revolving credit facilities related to our unconsolidated joint ventures (See Note 7). We have estimated the fair value of the guarantees to be approximately $9.4 million, $3.2 million of which relates to the Company's HSRE I investment and is netted against the investment and $6.2 million of which relates to the Company's HSRE V investment and is netted against the value of the investment to the extent the investment is reduced to zero. Following the reduction of the HSRE V investment to $0, a remaining accrual of  $4.5 million is presented in "Other liabilities" on the accompanying condensed consolidated balance sheet as of September 30, 2014.
	In connection with our investment in CSH Montreal, the Company provides a guarantee of up to 50% of the outstanding balance of the acquisition and development credit facility (“CSH Montreal Debt”) of CAD 112.0 million ($102.2 million). As of September 30, 2014, the outstanding balance of the CSH Montreal Debt was CAD 87.2 million ($78.0 million), of which we guaranteed CAD 43.6 ($39.0 million). The term of the guarantee follows the term of the underlying debt, which matures one January 13, 2016, unless the one twelve month extension, which is subject to lender approval, is exercised. The CSH Montreal debt is secured by, among other things, a first mortgage position on the real estate and improvements owned by CSH Montreal. We have estimated the fair value of this guarantee to be immaterial.
	Except as disclosed above, we do not expect that the borrowers will default on the underlying debt arrangements and accordingly we do not expect to be required to perform under the guarantees. In the event that we are required to perform under one of the guarantees, we believe the borrower’s assets collateralizing the debt would be sufficient to cover the maximum potential amount of future payments under the guarantee.
	Contingencies
	In the normal course of business, we are subject to claims, lawsuits and legal proceedings. In addition to the matter described below, we are involved in various routine legal proceedings arising in the ordinary course of business. Although the outcomes of such routine legal proceedings cannot be predicted with certainty, in the opinion of management, the ultimate resolution of such routine matters will not have a material adverse effect on our financial position or results of operations.
	On July 3, 2012, we and certain of our subsidiaries were named as defendants in a lawsuit filed with the 250th Judicial District Court in Travis County in Austin, Texas. The case arose from an accident at The Grove at Denton, located in Denton, Texas, in which a balcony of one of the units broke and three people were seriously injured. The claims in the lawsuit against Campus Crest and certain of its subsidiaries by the plaintiffs were settled in their entirety on July 29, 2014 without any admission of liability on the part of Campus Crest or its subsidiaries.  The settlement, which is covered by our existing insurance coverage, will not have a material adverse effect on our financial position or results of operations.
	We are not aware of any environmental liability with respect to the properties that could have a material adverse effect on our business, assets or results of operations. However, there can be no assurance that such a material environmental liability does not exist. The existence of any such material environmental liability could have an adverse effect on our results of operations and cash flows.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	16. Subsequent Events
	Amendment to Copper Beech Purchase Agreement
	On November 3, 2014, the Company and certain subsidiaries of the Operating Partnership entered into an amendment (the “Second Amendment”) to the purchase and sale agreement with the CB Investors to amend certain terms of the purchase and sale agreement (the “Purchase Agreement”), dated as of February 26, 2013, as amended on September 30, 2013, by and among the Company, CB-Campus Crest, LLC, CB-Campus Crest PA, LLC, CBTC, CBTC PA and the Sellers.
	The Second Amendment amends the Purchase Agreement to, among other things, provide for the acquisition by the Company of the Sellers’ remaining interests in each of the properties comprising the Copper Beech Portfolio other than Copper Beech Kalamazoo Phase 1, Copper Beech Kalamazoo Phase 2, Copper Beech Morgantown, Copper Beech Harrisonburg, Copper Beech Greenville and Copper Beech Parkway. Following consummation of the transactions contemplated by the Second Amendment, the Company will hold a 100% interest in 29 of the properties, an 87% interest in one of the properties, an 86% interest in one of the properties and a 48% interest in 4 of the properties and will have no ownership interests in 2 of the properties. The Second Amendment also amends the Purchase Agreement to remove the Company’s options to acquire additional interests in the Copper Beech Portfolio.
	In addition, pursuant to the terms of the Second Amendment, the Company will acquire all of the Sellers’ remaining interests in Copper Beech at Ames, Iowa, such that following closing the Company will hold a 100% interest in Copper Beech at Ames, Iowa.
	As consideration for the additional interests in the Copper Beech Portfolio, the Company has agreed to pay the Sellers consideration comprised of a cash payment of approximately $60.3 million and the issuance to the Sellers by the Operating Partnership of an aggregate of approximately 12.4 million of units.
	The closing of the transactions contemplated by the Second Amendment is subject to customary closing conditions, including, among other things, obtaining any required third party consents. There can be no assurance that any closing condition will be satisfied or waived, if permitted, or that any adverse event, development or change will not occur. Therefore, there can be no assurance with respect to the timing of the effectiveness of the Second Amendment or whether the Second Amendment will be completed on the currently contemplated terms, other terms, or at all.
	On November 4, 2014, Ted W. Rollins, Chairman and Chief Executive Officer, resigned his positions and will no longer be actively involved with the Company. The Board of Directors elected Richard Kahlbaugh, lead independent director, as Executive Chairman and Interim CEO. It is intended that Mr. Kahlbaugh will guide the Company through the completion of its strategic repositioning.
	On November 4, 2014, Donnie Bobbitt resigned his position and will no longer serve as the Company’s Chief Financial Officer. Mr. Bobbitt is expected to provide transition counseling services to the Company for at least four months, reporting to Mr. Kahlbaugh. Scott Rochon has been named acting Chief Financial Officer in addition to his duties as the Company’s Chief Accounting Officer. Aaron Halfacre and Angel Herrera remain as the Company’s Chief Investment Officer and Chief Operating Officer, respectively.
	There are no additional material events requiring disclosure as of the date of issuance.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Accounting, Policy [Policy Text Block]	'
	Basis of Presentation
	The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”), as well as instructions to Form 10-Q, and represent our financial position, results of operations and cash flows. Third party equity interests in the Operating Partnership and a consolidated variable interest entity, Copper Beech at Ames, LLC, are reflected as noncontrolling interests in our condensed consolidated financial statements. We also have interests in unconsolidated real estate ventures which have ownership in several property owning entities that are accounted for under the equity method. All significant intercompany balances and transactions have been eliminated.
	The unaudited interim condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements and accompanying notes for the year ended December 31, 2013 included in our Annual Report on Form 10-K/A for the year ended December 31, 2013 filed with the Securities and Exchange Commission. The results of operations and cash flows for any interim period are not necessarily indicative of results for other interim periods or the full year.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	During the three months ended September 30, 2014, we reclassified our development and construction services companies as discontinued operations due to strategic repositioning initiatives (see Note 4). Accordingly, we have reclassified the results of these operations to “Income (loss) from discontinued operations” in the condensed consolidated statement of operations and comprehensive income (loss) for the three and nine months ended September 30, 2014 and 2013. The development and construction services companies were included within the development, construction and management services segment.
	In December 2013, we sold four wholly-owned properties: The Grove at Jacksonville, Alabama, The Grove at Jonesboro, Arkansas, The Grove at Wichita, Kansas, and The Grove at Wichita Falls, Texas. These four properties were included within the student housing operations segment. Prior period amounts related to the December 2013 asset dispositions also have been reclassified as discontinued operations in our condensed consolidated statement of operations and comprehensive income (loss) for the three and nine months ended September 30, 2013.
Use of Estimates, Policy [Policy Text Block]	'
	Use of Estimates
	The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant assumptions and estimates are used by management in recognizing construction and development revenue under the percentage of completion method, useful lives of student housing properties, valuation of investment in real estate, valuation allowance on deferred tax assets, initial valuation and underlying allocation of purchase price to newly acquired student housing properties, and the interest in properties acquired in connection with not exercising the Copper Beech purchase option, determination of fair value for impairment assessments, and fair value of financial assets and liabilities, including derivatives, fair value of the debt and equity components of the exchangeable notes at the date of issuance and allowance for doubtful accounts. Actual results could differ from those estimates and such differences may be material to the condensed consolidated financial statements. Estimates and assumptions are reviewed periodically and the effect of such revisions are reflected prospectively in the period in which they occur.
Investment In Real Estate [Policy Text Block]	'
	Investments in Real Estate and Depreciation
	Investment in real estate is recorded at historical cost. Major improvements that extend the life of an asset are capitalized and depreciated over a period equal to the shorter of the life of the improvement or the remaining useful life of the asset. The cost of ordinary repairs and maintenance are charged to expense when incurred. Depreciation and amortization are recorded on a straight-line basis over the estimated useful lives of the assets as follows:
	Land improvements	15 years
	Buildings and leasehold improvements	10-40 years
	Furniture, fixtures and equipment	2-15 years
	The cost of buildings and improvements includes all pre-development, entitlement and project costs directly associated with the development and construction of a real estate project, which include interest, property taxes and the amortization of deferred financing costs recognized while the project is under construction, as well as certain internal costs related to the development and construction of our student housing properties. All costs are capitalized as development in process until the asset is ready for its intended use, which is typically at the completion of the project. Upon completion, costs are transferred into the applicable asset category and depreciation commences. Interest totaling approximately $1.9 million and $6.2 million was capitalized during the three and nine months ended September 30, 2014, respectively, and interest totaling approximately $0.8 million and $2.3 million was capitalized during the three and nine months ended September 30, 2013, respectively.
	We capitalize costs during the development of assets beginning with the determination that development of a future asset is probable until the asset, or a portion of the asset, is delivered and is ready for its intended use. During development efforts we capitalize all direct costs and indirect costs that have been incurred as a result of the development. These costs include interest, related loan fees and property taxes as well as other direct and indirect costs. We capitalize interest costs for debt incurred for project specific financing and for capital contributions to equity method investees who utilize such funds for construction-related activities. Indirect project costs, which include personnel and office and administrative costs that are clearly associated with our development and redevelopment efforts, are capitalized. Indirect costs not clearly related to acquisition, development, redevelopment and construction activity, including general and administrative expenses, are expensed in the period incurred. Capitalized indirect costs associated with our development activities were $3.9 million and $10.8 million for the three and nine months ended September 30, 2014, respectively, and $2.1 million and $6.5 million for the three and nine months ended September 30, 2013, respectively. The Company developed 10 properties in 2014, versus 6 in 2013, leading to significantly higher capitalized indirect costs in 2014. All such costs are capitalized as development in process until the asset is delivered and ready for its intended use, which is typically at the completion of the project. Upon completion, costs are transferred into the applicable asset category and depreciation commences.
	Pre-development costs are capitalized when they are directly identifiable with the specific property and would be capitalized if the property were already acquired and acquisition of the property or an option to acquire the property is probable. Capitalized pre-development costs are expensed when management believes it is no longer probable that a contract will be executed and/or construction will commence. Because we frequently incur these pre-development expenditures before a financing commitment and/or required permits and authorizations have been obtained, we bear the risk of loss of these pre-development expenditures if financing cannot ultimately be arranged on acceptable terms or if we are unable to successfully obtain the required permits and authorizations. As such, management evaluates the status of projects where we have not yet acquired the target property or where we have not yet commenced construction on a periodic basis and expenses any pre-development costs related to projects whose current status indicates the acquisition or commencement of construction is not probable. Such write-offs are included within impairment of land and pre-development costs in the accompanying condensed consolidated statements of operations and comprehensive income (loss). As of September 30, 2014, we had no pre-development costs related to development projects for which construction has not commenced and, as of December 31, 2013, we had deferred approximately $10.5 million in pre-development costs related to development projects for which construction had not commenced (see Note 4 regarding our strategic repositioning initiatives). As of September 30, 2014, we owned four strategically held land parcels that could be used for the development of four phase two properties with an aggregate bed count ranging from approximately 1,000 to 1,500, and twelve land parcels which we intend to divest. The costs associated with these land parcels are included in development in process on the accompanying condensed consolidated balance sheets.
	Management assesses whether there has been impairment in the value of our investment in real estate whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of investment in real estate is measured by a comparison of the carrying amount of a student housing property to the estimated future undiscounted cash flows expected to be generated by the property over the expected hold period. Impairment is recognized when estimated future undiscounted cash flows, including proceeds from disposition, are less than the carrying value of the property. The estimation of future undiscounted cash flows is inherently uncertain and relies on assumptions regarding current and future economics and market conditions. If such conditions change, then an adjustment reducing the carrying value of our long-lived assets could occur in the future period in which conditions change. To the extent that a property is impaired, the excess of the carrying amount of the property over its estimated fair value is recorded as an impairment charge. Fair value is determined based upon the discounted cash flows of the property, quoted market prices or independent appraisals, as considered necessary.
Property Acquisition [Policy Text Block]	'
	Property Acquisitions
	We allocate the purchase price of acquired properties to net tangible and identified intangible assets and liabilities based on relative fair values of these assets and liabilities. Fair value estimates are based on information obtained from independent appraisals, market data, information obtained during due diligence and information related to the marketing and leasing at the specific property. The value of in-place leases is based on the difference between (i) the property valued with existing in-place leases adjusted to market rental rates and (ii) the property valued “as-if” vacant. As lease terms are typically one year or less, rates on in-place leases generally approximate market rental rates. Factors considered in the valuation of in-place leases include an estimate of the carrying costs during the expected lease-up period considering current market conditions, nature of the tenancy and costs to execute similar leases. Carrying costs include estimates of lost rentals at market rates during the expected lease-up period, net of variable operating expenses. The value of in-place leases is amortized on a straight-line basis over the remaining initial term of the respective leases, generally less than one year. The purchase price of property acquisitions is not expected to be allocated to tenant relationships, considering the terms of the leases and the expected levels of renewals. Acquisition-related costs such as due diligence, legal, accounting and advisory fees are either expensed as incurred for acquisitions that are consolidated or capitalized for acquisitions accounted for under the equity method of accounting.
Ground Leases [Policy Text Block]	'
	Ground Leases
	Ground lease expense is recognized on a straight-line basis over the term of the related lease.
Cash and Cash Equivalents, Policy [Policy Text Block]	'
	Cash, Cash Equivalents and Restricted Cash
	We consider all highly liquid investments with an original maturity of three months or less to be cash equivalents. Restricted cash is excluded from cash for the purpose of preparing the accompanying condensed consolidated statements of cash flows. We maintain cash balances in various banks. At times our balances may exceed the amount insured by the Federal Deposit Insurance Corporation (“FDIC”). We do not believe this presents significant exposure for our business.
	Restricted cash includes escrow accounts held by lenders for the purpose of paying taxes, insurance and funding capital improvements. In certain instances, restricted cash consists of funds, required by a counter-party to our derivative contracts to serve as collateral for future settlements of those derivative contracts. At December 31, 2013, we held approximately $28.2 million with a qualified intermediary to facilitate a tax deferred Section 1031 like-kind exchange in conjunction with the disposition of four properties, and at September 30, 2014, we no longer had funds held in escrow for these dispositions. Our funds in escrow are typically held in interest bearing accounts covered under FDIC insurance subject to applicable limits.
Deferred Financing Costs [Policy Text Block]	'
	Deferred Financing Costs
	We defer costs incurred in obtaining financing and amortize the costs using the straight-line method, which approximates the effective interest method, over the expected terms of the related loans. Upon repayment of the underlying debt agreement, any unamortized costs are charged to earnings. Deferred financing costs, net of accumulated amortization, are included in other assets, net in the accompanying condensed consolidated balance sheets.
Noncontrolling Interests [Policy Text Block]	'
	Noncontrolling Interests
	Noncontrolling interests represent the portion of equity in our consolidated subsidiaries which is not attributable to the Campus Crest Communities, Inc.’s stockholders. Accordingly, noncontrolling interests are reported as a component of equity, separate from stockholders’ equity, in the accompanying condensed consolidated balance sheets. On the condensed consolidated statements of operations and comprehensive income (loss), operating results are reported at their consolidated amounts, including both the amount attributable to Campus Crest Communities, Inc.’s stockholders  and to noncontrolling interests.
Real Estate, Policy [Policy Text Block]	'
	Real Estate Ventures
	We hold interests in our properties, both under development and in operation, through interests in both consolidated and unconsolidated real estate ventures. We assess our investments in real estate ventures to determine if a venture is a variable interest entity (“VIE”). Generally, an entity is determined to be a VIE when either (1) the equity investors (if any) lack one or more of the essential characteristics of a controlling financial interest, (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support or (3) the equity investors have voting rights that are not proportionate to their economic interests and substantially all of the activities of the entity involve or are conducted on behalf of an investor that has disproportionately fewer voting rights. We consolidate entities that are VIEs for which we are determined to be the primary beneficiary. In instances where we are not the primary beneficiary, we do not consolidate the entity for financial reporting purposes. The primary beneficiary is the entity that has both (1) the power to direct the activities that most significantly impact the VIE’s economic performance and (2) the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. Entities that are not defined as VIEs are consolidated where we are the general partner (or the equivalent) and the limited partners (or the equivalent) in such investments do not have rights which would preclude control.
	For entities where we are the general partner (or the equivalent), but do not control the real estate venture, as the other partners (or the equivalent) hold substantive participating rights, we use the equity method of accounting. For entities where we are a limited partner (or the equivalent), management considers factors such as ownership interest, voting control, authority to make decisions and contractual and substantive participating rights of the partners (or the equivalent) to determine if the presumption that the general partner controls the entity is overcome. In instances where these factors indicate we control the entity, we consolidate the entity; otherwise we account for our investments using the equity method of accounting.
	Under the equity method, investments are initially recognized on the condensed consolidated balance sheets at cost and are subsequently adjusted to reflect our proportionate share of net earnings or losses of the entity, distributions received, contributions, other than temporary impairments and certain other adjustments, as appropriate. Any difference between the carrying amount of these investments on our condensed consolidated balance sheets and the underlying equity in net assets is amortized as an adjustment to equity in earnings of unconsolidated entities. When circumstances indicate there may have been a loss in value of an equity method investment below its carrying value, and we determine the loss in value is other than temporary, we recognize an impairment charge to reflect the investment at fair value (see Note 4 regarding our strategic repositioning initiatives).
Segment Reporting, Policy [Policy Text Block]	'
	Segments
	We define business segments by their distinct customer base and services provided. We have identified two reportable business segments: (i) student housing operations and (ii) property management services (development and construction services have been presented as discontinued operations for the periods presented, see Note 4). We evaluate the performance of our operating segments based on operating income (loss). All inter-segment sales pricing is based on current market conditions. Unallocated corporate amounts include general expenses associated with managing our two reportable operating segments.
Student Housing Revenue [Policy Text Block]	'
	Student Housing Revenue
	Students are required to execute lease contracts with payment schedules that vary from annual to monthly payments. We recognize revenues on a straight-line basis over the term of the lease contracts. Generally, each executed contract is required to be accompanied by a signed parental guaranty. Amounts received in advance of the occupancy period or prior to the contractual due date are recorded as deferred revenues and included in other liabilities on the accompanying condensed consolidated balance sheets.
Property Management Services [Policy Text Block]	'
	Property Management Services
	Management fees are recognized when earned in accordance with each management contract. Incentive management fees are recognized when the incentive criteria are met.
Development and Construction Services [Policy Text Block]	'
	Development and Construction Services (Presented in Discontinued Operations)
	Development and construction service revenue is recognized using the percentage of completion method, as determined by construction costs incurred relative to total estimated construction costs. For the purpose of applying this method, significant estimates are necessary to determine the percentage of completion as of the balance sheet date. This method is used because management considers total cost to be the best measure of progress toward completion of the contract. Any changes in significant judgments and/or estimates used in determining construction and development revenue could significantly change the timing or amount of construction and development revenue recognized.
	Development and construction service revenue is recognized for contracts with entities we do not consolidate. For projects where revenue is based on a fixed price, any cost overruns incurred during construction, as compared to the original budget, will reduce the net profit ultimately recognized on those projects. Profit derived from these projects is eliminated to the extent of our interest in the unconsolidated entity. Any incentive fees, net of the impact of our ownership interest if the entity is unconsolidated, are recognized when the project is complete and performance has been agreed upon by all parties, or when performance has been verified by an independent third party. When total development or construction costs at completion exceed the fixed price set forth within the related contract, such cost overruns are recorded as additional investment in the unconsolidated entity. Entitlement fees and arrangement fees, where applicable, are recognized when earned based on the terms of the related contracts.
Allowance For Doubtful Accounts [Policy Text Block]	'
	Allowance for Doubtful Accounts
	Allowances for student receivables are maintained to reduce our receivables to the amount that management estimates to be collectible, which approximates fair value. The allowance is estimated based on past due balances not received on contractual terms, as well as historical collections experience and current economic and business conditions. When management has determined that receivables are uncollectible, they are written off against the allowance for doubtful accounts. Recoveries of accounts previously written off are recorded when received.
Derivatives, Policy [Policy Text Block]	'
	Derivative Instruments and Hedging Activities
	We enter into interest rate cap and interest rate swap agreements to manage floating interest rate exposure with respect to amounts borrowed, or forecasted to be borrowed, under credit facilities. These contracts effectively exchange existing or forecasted obligations to pay interest based on floating rates for obligations to pay interest based on fixed rates.
	All derivative instruments are recognized as either assets or liabilities on the condensed consolidated balance sheets at their respective fair values. Changes in fair value are recognized either in earnings or as other comprehensive income (loss), depending on whether the derivative has been designated as a cash flow hedge and whether it qualifies as part of a hedging relationship, the nature of the exposure being hedged and how effective the derivative is at offsetting movements in underlying exposure. We discontinue hedge accounting when: (i) we determine that the derivative is no longer effective in offsetting changes in the cash flows of a hedged item; (ii) the derivative expires or is sold, terminated or exercised; (iii) it is no longer probable that the forecasted transaction will occur; or (iv) management determines that designating the derivative as a hedging instrument is no longer appropriate. In situations in which hedge accounting is not initially designated, or is discontinued and a derivative remains outstanding, gains and losses related to changes in the fair value of the derivative instrument are recorded in current period earnings as a component of other income (loss) line item on the accompanying condensed consolidated statements of operations and comprehensive income (loss). Also included within this line item are any required monthly settlements on the swaps as well as any cash settlements paid.
Income Tax, Policy [Policy Text Block]	'
	Income Taxes
	We have made an election to qualify, and believe we are operating so as to qualify, as a REIT under Sections 856 through 859 of the Internal Revenue Code. Our qualification as a REIT depends upon our ability to meet on a continuing basis, through actual investment and operating results, various complex requirements under the Internal Revenue Code relating to, among other things, the sources of our gross income, the composition and values of our assets, our distribution levels and the diversity of ownership of our stock. We believe that we are organized in conformity with the requirements for qualification and taxation as a REIT under the Internal Revenue Code and that our intended manner of operation will enable us to meet the requirements for qualification and taxation as a REIT.
	As a REIT, we generally will not be subject to U.S. federal and state income tax on taxable income that we distribute currently to our stockholders. If we fail to qualify as a REIT in any taxable year and do not qualify for certain statutory relief provisions, we will be subject to U.S. federal income tax at regular corporate rates and generally will be precluded from qualifying as a REIT for the subsequent four taxable years following the year during which we lost our REIT qualification. Accordingly, our failure to qualify as a REIT could materially and adversely affect us, including our ability to make distributions to our stockholders in the future.
	We have made the election to treat TRS Holdings, our subsidiary which holds our management companies (as well as the development and construction companies included within discontinued operations) that provide services to entities in which we do not own 100% of the equity interests, as a TRS. As a TRS, the operations of TRS Holdings and its subsidiaries are generally subject to federal, state and local income and franchise taxes. Our TRS accounts for its income taxes in accordance with U.S. GAAP, which includes an estimate of the amount of taxes payable or refundable for the current year and deferred tax liabilities and assets for the future tax consequences of events that have been recognized in our financial statements or tax returns. Deferred tax assets and liabilities of the TRS entities are recognized based on the difference between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates in effect in the years in which those temporary differences are expected to reverse.
	We follow a two-step approach for evaluating uncertain tax positions. Recognition (step one) occurs when we conclude that a tax position, based solely on its technical merits, is more-likely-than-not (a likelihood of more than 50 percent) to be sustained upon examination. Measurement (step two) determines the amount of benefit that more-likely-than-not will be realized upon settlement. Derecognition of a tax position that was previously recognized would occur when we subsequently determined that a tax position no longer met the more-likely-than-not threshold of being sustained. The use of a valuation allowance as a substitute for derecognition of tax positions is prohibited.
Comprehensive Income, Policy [Policy Text Block]	'
	Comprehensive Income (Loss)
	Comprehensive income (loss) includes net income (loss) and other comprehensive income (loss), which consists of unrealized gains (losses) on derivative instruments and foreign currency translation adjustments. Comprehensive income (loss) is presented in the accompanying condensed consolidated statements of operations and comprehensive income (loss), and accumulated other comprehensive income (loss) is displayed as a separate component of stockholders’ equity.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	'
	Stock-Based Compensation
	We grant restricted stock and restricted Operating Partnership ("OP Unit”) awards that typically vest over either a three or five year period. A restricted stock or OP Unit award is an award of shares of our common stock or OP Units that are subject to restrictions on transferability and other restrictions determined by our compensation committee at the date of grant. A grant date is established for a restricted stock award or restricted OP Unit award upon approval from our compensation committee and Board of Directors. The restrictions may lapse over a specified period of employment or the satisfaction of pre-established criteria as our compensation committee may determine. Except to the extent restricted under the award agreement, a participant awarded restricted stock or OP Units has all the rights of a stockholder or OP Unit holder as to these shares or units, including the right to vote and the right to receive dividends or distributions on the shares or units. The fair value of the award is determined based on the market value of our common stock on the grant date and is recognized on a straight-line basis over the applicable vesting period for the entire award with cost recognized at the end of any period being at least equal to the shares that were then vested.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	'
	Foreign Currency
	Transactions denominated in foreign currencies are recorded in local currency at actual exchange rates at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet dates are reported at the rates of exchange prevailing at those dates. Any gains or losses arising on monetary assets and liabilities from a change in exchange rates subsequent to the date of the transaction have been included in discontinued operations, if resulting from operations within our development or construction service company, or other income (expense) in the accompanying condensed consolidated statements of operations and comprehensive income (loss). As of September 30, 2014, we had foreign currency exposure to the Canadian dollar. The aggregate transaction gains and losses included in the accompanying condensed consolidated statements of operations and comprehensive income (loss) for the three and nine months ended September 30, 2014 and 2013 were not significant.
	The financial statements of certain equity method investees and certain foreign subsidiaries are translated from their respective functional currencies into U.S. dollars using current and historical exchange rates. Translation adjustments resulting from this process are reported separately and included as a component of accumulated other comprehensive income (loss) in stockholders' equity in the accompanying condensed consolidated balance sheets. Upon sale or liquidation of our investments, the translation adjustment would be reported as part of the gain or loss on sale or liquidation. During the three and nine months ended September 30, 2014, we recognized a foreign currency translation loss of approximately $(1.6) million and $(1.4) million, respectively, related to our investment in Campus Crest Student Housing Montreal, LP ("CSH Montreal LP”). Foreign currency translation loss is included in accumulated other comprehensive loss on  the accompanying condensed consolidated balance sheets and in comprehensive income the accompanying condensed consolidated statements of operations and comprehensive income (loss).
Insurance Premiums Revenue Recognition, Policy [Policy Text Block]	'
	Insurance Recoveries
	Insurance recoveries are amounts due or received under our applicable insurance policies for asset damage and business interruption relating to the previously disclosed fire at The Grove at Pullman, Washington. Business interruption recovery is recorded when realized and included as a reduction within student housing operations expenses within the condensed consolidated statements of operations and comprehensive income (loss). For the three and nine months ended September 30, 2014, we recognized approximately $0.1 million and $1.2 million, respectively, of business interruption recovery.
Consolidation, Variable Interest Entity, Policy [Policy Text Block]	'
	Variable Interest Entity
	During the year ended December 31, 2013, the Company entered into a variable interest entity ("VIE") with Copper Beech Townhome Communities, LLC ("CBTC") to develop, construct and manage a student housing property in Ames, Iowa. Using guidance found in ASC 810-10-50, the Company concluded that they are the primary beneficiary of the VIE and therefore have consolidated and included the results of operations of the VIE in the accompanying condensed consolidated statements of operations and comprehensive income (loss). The Company also included the carrying amount of the VIE's assets and liabilities in the accompanying condensed consolidated balance sheet. The Company recorded $0.6 million and $0.2 million in revenues and expenses, respectively, related to the VIE for the three and nine months ended September 30, 2014. The Company recorded $27.7 million in assets and $22.9 million in liabilities and $4.8 million of noncontroling interests on the accompanying condensed consolidated balance sheet for the three and nine months ended September 30, 2014.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers”. This ASU requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. This ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. The new standard is effective for the Company on January 1, 2017. Early application is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. We are evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures. We have not yet selected a transition method nor have we determined the effect of the standard on our ongoing financial reporting.

Organization_and_Description_o1

Organization and Description of Business (Tables)	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Schedule Of Properties In Which Company Has Operating and Under Construction Interest [Table Text Block]	'
	Our portfolio consists of the following:
			Properties in
			Operation
	Wholly owned Grove properties		36
	Joint Venture Grove properties		11
	Total Grove Properties		47
	Joint Venture evo properties		3
	CB Portfolio		36
	Total Portfolio(1)		86
		-1	Our 100% owned property in Toledo, Ohio, which was acquired in March 2013, is excluded.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Schedule Of Estimated Useful Lives Of Assets [Table Text Block]	'
	Depreciation and amortization are recorded on a straight-line basis over the estimated useful lives of the assets as follows:
	Land improvements	15 years
	Buildings and leasehold improvements	10-40 years
	Furniture, fixtures and equipment	2-15 years

Student_Housing_Properties_Tab

Student Housing Properties (Tables)	9 Months Ended
	Sep. 30, 2014
Real Estate [Abstract]	'
Schedule Of Student Housing Properties Net [Table Text Block]	'
	The following is a summary of our student housing properties, net for the periods presented (in thousands):
		September 30,		December 31,
		2014		2013
	Land	$	75,739	$	58,439
	Buildings and improvements		778,806		597,141
	Furniture, fixtures and equipment		68,986		60,705
			923,531		716,285
	Less: accumulated depreciation		-120,121		-102,356
		$	803,410	$	613,929

Income_Taxes_Tables

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2014
Table Text Block Supplement [Abstract]	'
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	'
	Significant components of the deferred tax assets and liabilities of the TRSs are as follows (in thousands):
		September 30,		December 31,
		2014		2013
	Deferred tax assets:
	Solar investment tax credit	$	2,116	$	1,924
	Federal and state net operating loss		3,576		79
	Other		23		23
	Less: valuation allowance		-5,295		-484
	Total deferred tax assets, net of valuation allowance		420		1,542
	Deferred tax liabilities:
	Deferred revenue		-		-260
	Depreciation and amortization		-420		-355
	Total deferred tax liabilities		-420		-615
	Net deferred tax assets	$	-	$	927

Business_Acquisitions_Tables

Business Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2014
Business Combinations [Abstract]	'
Schedule Of Purchase Price Allocations [Table Text Block]	'
	The following table is an allocation of the purchase price (in thousands):
	Land	$	4,770
	Buildings and improvements		18,276
	Furniture, fixtures and equipment		2,284
	In-place leases		1,524
	Other		-377
	Fair value of debt at acquisition		-16,901
			9,576
	Less estimated fair value of interest owned prior to acquisition		-1,915
		$	7,661

Investments_in_Unconsolidated_1

Investments in Unconsolidated Entities (Tables)	9 Months Ended
	Sep. 30, 2014
Schedule of Equity Method Investments [Line Items]	'
Schedule Of Unconsolidated Investments and Debt [Table Text Block]	'
	We are the guarantor of the construction and mortgage debt or credit facilities of our joint ventures with HSRE and Beaumont. Details of our unconsolidated investments at September 30, 2014 are presented in the following table (dollars in thousands):
														Debt
																Weighted
							Number of									Average
			Our		Year		Properties In	Total		Total(5)		Net Total		Amount		Interest
	Unconsolidated Entities		Ownership		Founded		Operation	Investment		Impairment		Investment		Outstanding		Rate		Maturity Date / Range
	HSRE-Campus Crest I, LLC		63.9	%	2009		3	$	10,375	$	-10,168	$	207	$	32,485	2.66	-1%	2/9/15
	HSRE-Campus Crest V, LLC		10	%	2011		3		3,627		-3,627		-		49,614	2.87	-1%	12/20/2014 – 01/05/2015
	HSRE-Campus Crest VI, LLC		20	%	2012		3		12,618		-5,713		6,905		53,706	2.47	-1%	5/08/2015 – 12/19/2015
	HSRE-Campus Crest IX, LLC		30	%	2013		1		19,226		-		19,226		81,115	2.36	-1%	7/25/16
	HSRE-Campus Crest X, LLC		30	%	2013		2		9,915		-4,234		5,681		34,928	2.34	-1%	9/06/2016-9/30/2018
	CB Portfolio		48	-3%	2013		35		219,263		-		219,263		228,520	5.54	-2%	10/11/2014 – 10/01/2020
	CSH Montreal LP		60.5	-4%	2013		2		39,198		-22,626		16,572		77,993	6.38	-1%	1/13/16
	Total Unconsolidated Entities						49	$	-314,222	$	-46,368	$	267,854	$	558,361	4.3	%
	-1		Variable interest rates.
	-2		Comprised of fixed rate debt.
	-3		As of September 30, 2014, we had a 48.0% ownership interest in the CB Portfolio.
	-4		As of September 2, 2014, our ownership increased to 60.54% from 47.9% due to the conversion of preferred equity into common ownership interest. See discussion above.
	-5		Total impairment related to unconsolidated entities is $50.9 million as included on our condensed consolidated statements of operation and comprehensive income (loss). $4.5 million of this amount, related to HSRE V, is not included in the above table as it is related to guarantee obligations and has instead been included in other liabilities on our condensed consolidated balance sheet.
Equity Method Investment Summarized Financial Information Combined Financial Information [Table Text Block]	'
	The following is a summary of the combined financial position of our unconsolidated entities with HSRE and Beaumont in their entirety, not only our interest in the entities, for the periods presented (amounts in thousands):
			September 30,			December 31,
			2014			2013
	Assets
	Student housing properties, net(3)		$	550,408		$	289,797
	Development in process			-			81,994
	Other assets			17,019			15,341
	Total assets		$	567,427		$	387,132
	Liabilities and Owners' Equity
	Mortgage and construction loans		$	329,218		$	165,445
	Other liabilities			48,501			58,948
	Owners' equity			189,708			162,739
	Total liabilities and owners' equity		$	567,427		$	387,132
	Company's share of historical owners' equity		$	82,587		$	41,390
	Preferred investment(1)			7,322			16,468
	Net difference in carrying value of investment versus net book value of underlying net assets(2)			-40,958			5,388
	Carrying value of investment in unconsolidated entities		$	48,591		$	63,246
	-1	As of September 30, 2014, we had Class B membership interests in The Grove at Indiana, Pennsylvania, The Grove at Greensboro, North Carolina, and The Grove at Louisville, Kentucky, of approximately $2.7 million, $2.7 million and $1.9 million, respectively, entitling us to a 9.0% return on our investment upon the respective property being operational. We also had, from January to September 2, 2014, a CAD 16 million ($14.3 million) Class A interest in CSH Holdings entitling us to a commitment fee of 1.0% of the Class A interest each quarter and a 10.0% annual return on our investment. As of December 31, 2013, we had Class B membership interests in The Grove at San Angelo, Texas, The Grove at Conway, Arkansas, The Grove at Indiana, Pennsylvania, The Grove at Greensboro, North Carolina, and The Grove at Louisville, Kentucky, of approximately $2.8 million, $6.4 million, $2.7 million, $2.7 million and $1.9 million, respectively, entitling us to a 9.0% return on our investment upon the respective property being operational.
	-2	This amount represents the aggregate difference between our carrying amount and our underlying equity in the net assets of our investments, which is typically amortized over the life of the related asset. The basis differential occurs primarily due to the difference between the allocated value to acquired entity interests and the venture’s basis in those interests, the capitalization of additional investment in the unconsolidated entity, the elimination of service related revenue to the extent of our percentage ownership and the impairment charges discussed in Note 4.
	-3	Includes Montreal, though as of September 30, 2014, a portion of the property is still under construction. As the property is substantially compute and operational, the Company has chosen to include a student housing properties.
HSRE and DCV Holdings [Member]	'
Schedule of Equity Method Investments [Line Items]	'
Equity Method Investment Summarized Financial Information Combined Financial Information [Table Text Block]	'
	The following is a summary of the combined operating results for our unconsolidated entities with HSRE and Beaumont in their entirety, not only our interest in the entities, for the periods presented (in thousands):
			Three Months Ended					Nine Months Ended
			September 30,			September 30,		September 30,		September 30,
			2014			2013		2014		2013
	Revenues		$	8,229		$	6,341	$	21,107	$	15,922
	Expenses:
	Operating expenses			5,691			3,070		12,886		8,327
	Interest expense			2,089			1,260		4,329		3,553
	Depreciation and amortization			2,037			1,592		5,902		4,298
	Other expense			24			4,571		70		4,588
	Total expenses			9,841			10,493		23,187		20,766
	Net loss		$	-1,612		$	-4,152	$	-2,080	$	-4,844
Copper Beech [Member]	'
Schedule of Equity Method Investments [Line Items]	'
Equity Method Investment Summarized Financial Information Combined Financial Information [Table Text Block]	'
	The following is a summary of the operating results for our unconsolidated Copper Beech entities in their entirety, not only our interest in the entities. For the three months ended September 30, 2014, the summary includes results for 28 properties from July 1, 2014 through August 18, 2014 in which the company had an ownership interest and results for 35 properties from August 19, 2014 through September 30, 2014 in which the company had an ownership interest. For the nine months ended September 30, 2014, this summary includes results for 28 properties from January 1, 2014 through August 18, 2014 and results for 35 properties from August 19, 2014 through September 30, 2014. The summary includes the results for 35 properties for the three months ended September 30, 2013, and for the period from March 18, 2013 (the date of the transaction) through September 30, 2013. The following is a summary of the results for the three months ended September 30, 2013 and for the period from March 18, 2013 through September 30, 2013 and the three and nine months ended September 30, 2014 (in thousands):
			Three Months Ended					Nine Months		Period from
			September 30,			September 30,		Ended		March 18, 2013 to
			2014			2013		September 30, 2014		September 30, 2013
	Revenues		$	22,413		$	22,899	$	60,706	$	49,400
	Expenses:
	Operating expenses			9,310			10,022		23,881		19,841
	Interest expense			3,708			4,008		9,660		9,072
	Depreciation and amortization			8,131			9,304		27,767		22,363
	Other expenses			395			505		1,021		1,123
	Total expenses			21,544			23,839		62,329		52,399
	Net income (loss)		$	869		$	-940	$	-1,623	$	-2,999
Equity Method Investment Summarized Financial Information Statement Of Operation [Table Text Block]	'
	The following is a summary of the financial position reflecting the cost basis of our investments in the Copper Beech entities in their entirety for the 35 and 28 properties in the CB Portfolio as of September 30, 2014 and December 31, 2013, respectively (amounts in thousands):
			September 30,			December 31,
			2014			2013
	Assets
	Student housing properties, net		$	906,630		$	748,280
	Intangible assets			6,250			37,100
	Other assets			5,063			5,201
	Total assets		$	917,943		$	790,581
	Liabilities and Equity
	Mortgage and construction loans		$	477,202		$	421,239
	Other liabilities			17,670			13,112
	Owners' equity			423,071			356,230
	Total liabilities and owners' equity		$	917,943		$	790,581
	Company's share of historical owners' equity		$	203,074		$	244,964
	Net difference in carrying value of investment versus net book value of underlying net assets(1)			16,189			16,628
	Carrying value of investment in unconsolidated entity		$	219,263		$	261,592
	-1	This amount represents the aggregate difference between our historical cost basis and the basis reflected at the entity level, which is typically amortized over the life of the related asset. The basis differential occurs primarily due to the capitalization of transaction costs incurred to acquire the Company's interests in the Copper Beech entities.
Schedule Of Equity In Losses In Cb Portfolio [Table Text Block]	'
	The following table is the calculation of the Company’s equity in earnings (losses) in the CB Portfolio for the three and nine months ended September 30, 2014. As there are several components of the calculation, set forth below are notes corresponding to the notes included in the Company’s calculation to further explain these components (in thousands).
			Three Months Ended			Nine Months Ended
			September 30,			September 30,
			2014			2014
	Net income (loss) incurred by the CB Portfolio based on the Company's purchase price(1)		$	869		$	-1,623
	Campus Crest's share of net income (loss)			428			-1,241
	Campus Crest percentage of preferred payment(2)			-			911
	Campus Crest earnings from Copper Beech			428			-330
	Amortization of basis difference(3)			-124			-356
	Total equity in earnings (losses) in the CB Portfolio		$	304		$	-686
	-1	The basis of the financial statements of the CB Portfolio used in the calculation of the Company’s equity in earnings for the three and nine months ended September 30, 2014 was computed using the Company’s cost basis for its investment in the CB Portfolio’s underlying assets and liabilities for its properties at the dates the Company acquired its interests in the CB Portfolio. The calculation includes the effects of purchase price adjustments determined at the date the Company acquired its interests in the CB Portfolio.
	We consummated the acquisition of a 48.0% interest in 35 properties of the CB Portfolio. As a result of lender consents that were required to be obtained from various lenders to the CB Portfolio prior to our ownership, we completed our acquisition of the 48.0% interest in stages, which resulted in a variation in our ownership percentage from 25.3% to 48.0% in all 35 of the CB Portfolio operating properties from March 18, 2013 to September 30, 2013. Effective October 1, 2013, the Company and the CB Portfolio sellers amended the purchase and sale agreement, subject to receipt of all required third party consents, to increase the Company’s ownership interest by 19.0% in 28 of the 35 properties (thereby increasing its ownership in the 28 properties to 67%) in exchange for the Company’s 48.0% interest in seven of the properties (thereby reducing our ownership in the seven properties to 0%) and deferring the Company’s acquisition of any interests in two of the properties, plus a $20.2 million cash payment. Accordingly, the Company recognized its proportionate share of earnings of the CB Portfolio for the specific percentage of ownership interest we held during the applicable period, which was a 67.0% effective interest in the 28 properties during the first and second quarters of 2014 and through August 18, 2014. Due to the Company's decision not to exercise the first purchase option to acquire additional interests in the CB Portfolio, on August 19, 2014, the Company's ownership interest in all 35 operating properties in the CB Portfolio reverted to 48.0% and remained at 48.0% though September 30, 2014.
	-2	As part of the purchase and sale agreement, the Company was entitled to receive a $13.0 million preferred payment over a one year period beginning March 18, 2013 and ending on March 17, 2014. As such, for the period from January 1, 2014 to March 17, 2014, the Company recorded in income its proportionate share of this payment, which corresponds to the portion of the CB Portfolio held by the other owners of Copper Beech.
	-3	Included in the calculation of equity in earnings (losses) in the CB Portfolio is the amortization of the net difference in the Company’s carrying value of investment as compared to the underlying equity in net assets of the investee.

Debt_Tables

Debt (Tables)	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Schedule Of Mortgage Loans Construction Loans and Line Of Credit [Table Text Block]	'
	The following is a summary of our mortgage and construction notes payable, the Credit Facility (defined below) and other debt for the periods presented (amounts in thousands):
			September 30,		December 31,
			2014		2013
	Fixed-rate mortgage loans		$	163,909	$	165,393
	Variable-rate mortgage loans			16,677		-
	Construction loans			98,566		40,138
	Line of credit			201,000		108,500
	Exchangeable senior notes			97,244		96,758
	Other debt			2,878		2,694
			$	580,274	$	413,483
Schedule Of Debt Instrument [Table Text Block]	'
	Mortgage and construction loans for the periods presented consisted of the following (in thousands):
					Principal		Principal
					Outstanding		Outstanding
			Face		at		at		Stated Interest	Interest Rate		Maturity
			Amount		9/30/14		12/31/13		Rate	at 9/30/2014		Date  (1)	Amortization
	Construction loans
	The Grove at Muncie		$	14,567	$	13,892	$	12,237	LIBOR + 225 BPS	2.41	%	7/3/15	Interest only
	The Grove at Slippery Rock			17,961		11,690		-	LIBOR + 215 BPS	2.31	%	6/21/16	Interest only
	The Grove at Fort Collins			19,073		19,073		17,228	LIBOR + 190 BPS	2.06	%	7/13/15	Interest only
	The Grove at Pullman			16,016		10,866		10,673	LIBOR + 220 BPS	2.36	%	9/5/15	Interest only
	The Grove at Grand Forks			16,916		12,457		-	LIBOR + 200 BPS	2.16	%	2/5/17	Interest only
	The Grove at Gainesville			30,069		16,225		-	LIBOR +215 BPS	2.31	%	3/13/17	Interest only
	Copper Beech at Ames			23,551		14,363		-	LIBOR + 225 BPS	2.41	%	5/2/17	Interest only
	Mortgage loans
	The Grove at Denton			17,167		16,677		-	LIBOR + 215 BPS	2.31	%	3/1/17	30 years
	The Grove at Milledgeville			16,250		15,694		15,847	6.12%	6.12	%	10/1/16	30 years	-2
	The Grove at Carrollton and			29,790		28,772		29,052	6.13%	6.13	%	10/11/16	30 years
	The Grove at Las Cruces
	The Grove at Asheville			14,800		14,355		14,500	5.77%	5.77	%	4/11/17	30 years	-2
	The Grove at Ellensburg			16,125		15,903		16,070	5.10%	5.1	%	9/1/18	30 years	-2
	The Grove at Nacogdoches			17,160		16,919		17,100	5.01%	5.01	%	9/1/18	30 years	-3
	The Grove at Greeley			15,233		15,009		15,194	4.29%	4.29	%	10/1/18	30 years	-3
	The Grove at Clarksville			16,350		16,307		16,350	4.03%	4.03	%	7/1/22	30 years	(3) (4)
	The Grove at Columbia			23,775		22,850		23,180	3.83%	3.83	%	7/1/22	30 years	-5
	The Grove at Statesboro			18,100		18,100		18,100	4.01%	4.01	%	1/1/23	30 years	-2
					$	279,152	$	205,531
		-1	For the construction loans, the maturity date is the stated maturity date in the respective loan agreements, which can be extended for an additional one to two years, subject to the satisfaction of certain conditions, depending on the loan.
		-2	Loans require interest only payments, plus certain reserves and escrows, that are payable monthly for a period of five years. Monthly payments of principal and interest, plus certain reserve and escrow amounts, are due thereafter until maturity when all principal is due.
		-3	Interest only for the first two years, followed by 30 year amortization.
		-4	Loan requires interest only payments, plus certain reserves and escrows payable monthly through August 2014, thereafter, principal and interest, plus certain reserves and escrows that are payable monthly until maturity.
		-5	Loan requires monthly payments of principal and interest, plus certain reserve and escrows, until maturity when all principal is due.

Fair_Value_Disclosures_Tables

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	'
	The following is a summary of the fair value of our mortgages, construction loans payable, other debt and Exchangeable Senior Notes aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands):
		Estimated Fair Value
		Quoted Prices in
		Active Markets
		for Identical		Significant Other		Significant
		Assets and		Observable		Unobservable
		Liabilities		Inputs		Inputs
	September 30, 2014	(Level 1)		(Level 2)		(Level 3)		Carrying Value
	Fixed-rate mortgage loans	$	-	$	163,537	$	-	$	163,909
	Variable-rate mortgage loans		-		16,520		-		16,677
	Construction loans		-		97,885		-		98,566
	Exchangeable Senior Notes		-		100,831		-		97,244
	Other Debt		-		2,957		-		2,878
	31-Dec-13
	Fixed-rate mortgage loans		-		161,379		-		165,393
	Variable-rate mortgage loans		-		-		-		-
	Construction loans		-		40,258		-		40,138
	Exchangeable Senior Notes		-		98,547		-		96,758
	Other Debt		-		2,671		-		2,694
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
	The table below aggregates the fair values of these assets by their level n the fair value hierarchy.
		As of September 30, 2014
		Total		Level 1		Level 2		Level 3
	HSRE JV -I	$	207	$	-	$	-	$	207
	HSRE JV -V		-		-		-		-
	HSRE JV - VI		6,905		-		-		6,905
	HSRE JV-X		5,681		-		-		5,681
	Investment in CSH Montreal LP		16,571		-		-		16,571
	Land Parcels		31,765		-		-		31,765
	Total Assets	$	61,129	$	-	$	-	$	61,129

Earnings_per_Share_Tables

Earnings per Share (Tables)	9 Months Ended
	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
	Computations of basic and diluted income (loss) per share for the periods presented are as follows (amounts in thousands, except per share data):
			Three Months Ended				Nine Months Ended
			September 30,		September 30,		September 30,		September 30,
			2014		2013		2014		2013
	Basic earnings:
	Income (loss) from continuing operations		$	-122,188	$	3,895	$	-123,846	$	8,305
	Preferred stock dividends			-3,050		-1,150		-9,150		-3,450
	Income (loss) from continuing operations attributable to noncontrolling interests			-731		21		-751		39
	Income (loss) from continuing operations attributable to common stockholders			-124,507		2,724		-132,245		4,816
	Income (loss) from discontinued operations			-5,506		958		-3,191		2,655
	Income (loss) from discontinued operations attributable to noncontrolling interests			-39		5		-22		12
	Income (loss) from discontinued operations attributable to common stockholders			-5,467		953		-3,169		2,643
	Net income (loss) attributable to common stockholders		$	-129,974	$	3,677	$	-135,414	$	7,459
	Weighted average common shares outstanding:
	Basic			64,770		64,518		64,650		58,461
	Incremental shares from assumed conversion — OP units (1)			-		435		-		435
	Diluted			64,770		64,953		64,650		58,896
	Basic and Diluted earnings per share:
	Income (loss) from continuing operations attributable to common stockholders		$	-1.92	$	0.05	$	-2.04	$	0.08
	Income from discontinued operations attributable to common stockholders			-0.09		0.01		-0.05		0.05
	Net income (loss) attributable to common stockholders		$	-2.01	$	0.06	$	-2.09	$	0.13
		-1	The effect of the inclusion of all potentially dilutive securities would be anti-dilutive when computing diluted earnings per share. Therefore, the computation of both basic and diluted earnings per share is the same. For the three and nine month period ended September 30, 2014, 434,093 OP units and restricted OP units were not included in the computation of diluted earnings per share because the effects of their inclusion would be anti-dilutive.

Equity_Tables

Equity (Tables)	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Schedule of Common Stock Outstanding Roll Forward [Table Text Block]	'
	The following is a summary of changes in the shares of our common stock for the periods shown (in thousands):
		For the Nine Months Ended
		September 30, 2014	September 30 2013
	Common shares at beginning of period	64,502	38,558
	Issuance of common shares	-	25,530
	Issuance of restricted shares	357	496
	Forfeiture of restricted shares	-80	-72
	Common shares at end of period	64,779	64,512

Incentive_Plans_Tables

Incentive Plans (Tables)	9 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Nonvested Share Activity [Table Text Block]	'
	The following is a summary of our restricted common stock activity for the period shown (in thousands, except weighted average grant price):
		Restricted		Weighted
		Common		Average
		Stock		Grant Price
	Unvested balances at December 31, 2013		648	$	11.97
	Granted		357		9.01
	Vested		-254		9.71
	Forfeited		-80		10.96
	Unvested balances at September 30, 2014		671	$	11.16

Segments_Tables

Segments (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	The following tables set forth our segment information for the periods presented (in thousands):
		Three Months Ended				Nine Months Ended
		September 30,		September 30,		September 30,		September 30,
		2014		2013		2014		2013
	Student Housing Operations:
	Revenues from external customers	$	28,028	$	23,032	$	77,299	$	66,763
	Operating expenses		18,785		13,915		54,699		42,430
	Income from wholly-owned student housing operations		9,243		9,117		22,600		24,333
	Impairment of unconsolidated entities		-50,866		-		-50,866		-
	Effect of not exercising Copper Beech purchase option		-34,047		-		-34,047		-
	Equity in earnings of unconsolidated entities		635		1,302		63		3,608
	Operating income (loss)		-75,035		10,419		-62,250		27,941
	Nonoperating expenses		-2,736		-2,634		-7,889		-7,716
	Net income (loss)		-77,771		7,785		-70,139		20,225
	Net income (loss) attributable to noncontrolling interest		-754		75		-680		196
	Net income (loss) attributable to common stockholders	$	-77,017	$	7,710	$	-69,459	$	20,029
	Depreciation and amortization	$	6,724	$	5,241	$	20,468	$	16,535
	Capital expenditures	$	43,964	$	47,026	$	125,269	$	110,763
	Investment in unconsolidated entities	$	267,854	$	323,268	$	267,854	$	323,268
	Total segment assets at end of period	$	1,180,175	$	1,155,452	$	1,180,175	$	1,155,452
	Property Management Services:
	Revenues from external customers	$	281	$	225	$	711	$	539
	Intersegment revenues		1,084		896		2,078		2,251
	Total revenues		1,365		1,121		2,789		2,790
	Operating expenses		1,536		743		2,749		1,647
	Net income (loss)		-171		378		40		1,143
	Net income (loss) attributable to noncontrolling interest		-1		4		1		11
	Net income (loss) attributable to common stockholders	$	-170	$	374	$	39	$	1,132
	Depreciation and amortization	$	38	$	35	$	63	$	98
	Total segment assets at end of period	$	0	$	0	$	0	$	0
	Reconciliations:
	Total segment revenues	$	29,393	$	24,153	$	80,088	$	69,553
	Elimination of intersegment revenues		-1,084		-896		-2,078		-2,251
	Total consolidated revenues	$	28,309	$	23,257	$	78,010	$	67,302
	Segment operating income (loss)	$	-75,206	$	10,797	$	-62,210	$	29,084
	Change in fair value of interest rate derivatives		-		-		-		-73
	Interest expense		-3,639		-3,091		-9,965		-8,764
	Impairment of land & pre-development costs		-29,790		-		-29,790		-
	Write-off of corporate other assets		-7,765		-		-7,765		-
	Net unallocated expenses related to corporate overhead		-4,616		-4,467		-13,513		-13,742
	Other income (loss)		-41		696		129		1,494
	Income (loss) from continuing operations, before income tax benefit (expense)	$	-121,057	$	3,935	$	-123,115	$	7,999
	Total segment assets	$	1,180,175	$	1,155,452	$	1,180,175	$	1,155,452
	Unallocated corporate assets and eliminations		20,947		29,300		20,947		29,300
	Total assets at end of period	$	1,201,122	$	1,184,752	$	1,201,122	$	1,184,752

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	'
	Future minimum payments over the life of our corporate office lease and long-term ground leases subsequent to September 30, 2014 are as follows (in thousands):
	2014	$	368
	2015		1,473
	2016		1,484
	2017		1,500
	2018		1,489
	Thereafter		40,673
	Total future minimum lease payments	$	46,987

Organization_and_Description_o2

Organization and Description of Business (Details)	Sep. 30, 2014
Properties in Operation	47
Total Portfolio [Member]	'
Properties in Operation	86	[1]
Wholly owned Grove properties [Member]	'
Properties in Operation	36
Joint Venture Grove properties [Member]	'
Properties in Operation	11
Joint Venture evo properties [Member]	'
Properties in Operation	3
CB Portfolio [Member]	'
Properties in Operation	36
[1]	Our 100% owned property in Toledo, Ohio, which was acquired in March 2013, is excluded.

Organization_and_Description_o3

Organization and Description of Business (Details Textual)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2014	Mar. 31, 2013	Sep. 30, 2014	Sep. 30, 2014
		Copper Beech [Member]	Trs Subsidiary [Member]	Wholly owned Grove properties [Member]	Joint Venture Grove properties [Member]
Real Estate Investment Trust, Percentage Of Distribute Of Income, Minimum	90.00%	'	'	'	'
Properties in Operation	47	36	'	36	11
Company Ownership Percentage	'	'	100.00%	'	'
Re-development property	100.00%	'	'	'	'

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details)	9 Months Ended
	Sep. 30, 2014
Land Improvements [Member]	'
Property, Plant and Equipment, Useful Life	'15 years
Buildings and Leasehold Improvements [Member] | Minimum [Member]	'
Property, Plant and Equipment, Useful Life	'10 years
Buildings and Leasehold Improvements [Member] | Maximum [Member]	'
Property, Plant and Equipment, Useful Life	'40 years
Furniture, fixtures, and equipment [Member] | Minimum [Member]	'
Property, Plant and Equipment, Useful Life	'2 years
Furniture, fixtures, and equipment [Member] | Maximum [Member]	'
Property, Plant and Equipment, Useful Life	'15 years

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Interest Costs Capitalized	$1,900,000	$800,000	$6,200,000	$2,300,000	'
Real Estate Property, Capitalized Of Indirect Costs	3,900,000	2,100,000	10,800,000	6,500,000	'
Deferred Costs	0	'	0	'	10,500,000
Restricted Cash and Cash Equivalents	'	'	'	'	28,200,000
Business Interruption Insurance Recovery	100,000	'	1,200,000	'	'
Foreign currency translation	-1,614,000	88,000	-1,391,000	88,000	'
Variable Interest Entity, Consolidated, Carrying Amount, Liabilities	22,900,000	'	22,900,000	'	'
Noncontrolling Interest in Variable Interest Entity	4,800,000	'	4,800,000	'	'
Variable Interest Entity, Primary Beneficiary [Member]	'	'	'	'	'
Variable Interest Entity, Measure of Activity, Revenues	600,000	'	600,000	'	'
Variable Interest Entity, Measure of Activity, Expense	200,000	'	200,000	'	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net	$27,700,000	'	$27,700,000	'	'
Trs Subsidiary [Member]	'	'	'	'	'
Company Ownership Percentage	100.00%	'	100.00%	'	'

Student_Housing_Properties_Det

Student Housing Properties (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Land	$75,739	$58,439
Buildings and improvements	778,806	597,141
Furniture, fixtures and equipment	68,986	60,705
Student housing properties	923,531	716,285
Less: accumulated depreciation	-120,121	-102,356
Investment in real estate, net	$803,410	$613,929

Student_Housing_Properties_Det1

Student Housing Properties (Details Textual) (Harrison Street Real Estate [Member])	Jan. 31, 2014
Harrison Street Real Estate [Member]	'
Equity Method Investment, Ownership Percentage	80.00%

Strategic_Repositioning_Initia1

Strategic Repositioning Initiatives (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent, Total	($5,506,000)	$958,000	($3,191,000)	$2,655,000	'
Equity Method Investments	267,854,000	'	267,854,000	'	324,838,000
Severance Costs	2,900,000	'	2,900,000	'	'
Construction Revenue	4,600,000	17,000,000	22,200,000	47,200,000	'
Other Cost and Expense, Operating	7,200,000	15,500,000	22,500,000	42,400,000	'
Depreciation	0	500,000	0	2,100,000	'
Loss on Discontinued operations [Member]	'	'	'	'	'
Severance Costs	2,900,000	'	'	'	'
General and Administrative Expense [Member]	'	'	'	'	'
Severance Costs	700,000	'	'	'	'
Accounts Payable and Accrued Liabilities [Member]	'	'	'	'	'
Severance Costs	3,600,000	'	3,600,000	'	'
Land and pre-development costs [Member]	'	'	'	'	'
Impairment of Real Estate	29,800,000	'	'	'	'
Corporate Infrastructure changes [Member]	'	'	'	'	'
Other Asset Impairment Charges	7,800,000	'	'	'	'
CSH Montreal LP [Member]	'	'	'	'	'
Impairment of Real Estate	22,600,000	'	'	'	'
Equity Method Investments	16,572,000	'	16,572,000	'	'
Unconsolidated entities [Member]	'	'	'	'	'
Impairment of Real Estate	50,900,000	'	'	'	'
HSRE Investments [Member]	'	'	'	'	'
Current occupancy levels	95.00%	'	95.00%	'	'
Revenue per available bed	1,050	'	1,050	'	'
Impairment of Real Estate	28,300,000	'	'	'	'
Equity Method Investments	$12,800,000	'	$12,800,000	'	'
Fair Value Inputs, Cap Rate	7.00%	'	'	'	'
Fair Value Inputs, Discount Rate	9.00%	'	'	'	'
HSRE Investments [Member] | Minimum [Member]	'	'	'	'	'
Fair Value Inputs, Cap Rate	6.00%	'	'	'	'
HSRE Investments [Member] | Maximum [Member]	'	'	'	'	'
Fair Value Inputs, Cap Rate	8.00%	'	'	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred tax assets:	'	'
Solar investment tax credit	$2,116	$1,924
Federal and state net operating loss	3,576	79
Other	23	23
Less: valuation allowance	-5,295	-484
Total deferred tax assets, net of valuation allowance	420	1,542
Deferred tax liabilities:	'	'
Deferred revenue	0	-260
Depreciation and amortization	-420	-355
Total deferred tax liabilities	-420	-615
Net deferred tax assets	$0	$927

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	'	90.00%	'
Unrecognized Tax Benefits, Interest on Income Taxes Expense	'	$0	$0
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$4,900,000	$4,800,000	'

Business_Acquisitions_Details

Business Acquisitions (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Land	$4,770
Buildings and improvements	18,276
Furniture, fixtures and equipment	2,284
In-place leases	1,524
Other	-377
Fair value of debt at acquisition	-16,901
Business Acquisitions Purchase Price Allocation Assets Acquired	9,576
Less estimated fair value of interest owned prior to acquisition	-1,915
Business Acquisitions Costs Of Acquired Entity Purchase Price	$7,661

Business_Acquisitions_Details_

Business Acquisitions (Details Textual) (USD $)	1 Months Ended	9 Months Ended	12 Months Ended				1 Months Ended
In Millions, unless otherwise specified	Jan. 31, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 02, 2014	Sep. 02, 2014	Jan. 31, 2014	Jan. 31, 2014	Jan. 31, 2014
				Maximum [Member]	Minimum [Member]	Harrison Street Real Estate [Member]	Harrison Street Real Estate Campus Crest [Member]	The Grove at Denton, Texas [Member]
Payments to Acquire Businesses, Gross	$7.70	$7.70	'	'	'	'	'	'
Equity Method Investment, Ownership Percentage	'	'	'	60.54%	47.90%	80.00%	80.00%	20.00%
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value	'	'	'	'	'	'	1.9	'
Business Acquisition, Pro Forma Revenue	'	2.7	'	'	'	'	'	'
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Loss	'	'	0.3	'	'	'	'	'
Business Acquisition, Pro Forma Net Income (Loss)	'	$0.90	'	'	'	'	'	'

Investment_in_Unconsolidated_E

Investment in Unconsolidated Entities (Details) (USD $)

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Aug. 18, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

In Thousands, unless otherwise specified

Total Unconsolidated Grove Entities [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

HSRE Campus Crest I LLC [Member]

HSRE Campus Crest V LLC [Member]

HSRE Campus Crest VI LLC [Member]

HSRE Campus Crest IX LLC [Member]

HSRE Campus Crest X LLC [Member]

CSH Montreal LP [Member]

HSRE Campus Crest XII LLC [Member]

HSRE Campus Crest XIII LLC [Member]

Schedule of Equity Method Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Our Ownership

'

'

'

48.00%

[1]

48.00%

63.90%

10.00%

20.00%

30.00%

30.00%

60.50%

[2]

20.00%

20.00%

Year Founded

'

'

'

'2013

'

'2009

'2011

'2012

'2013

'2013

'2013

'

'

Number of Properties In Operation

'

'

49

35

'

3

3

3

1

2

2

'

'

Total Investment

'

'

($314,222)

$219,263

'

$10,375

$3,627

$12,618

$19,226

$9,915

$39,198

'

'

Total Impairment

'

'

-46,368

[3]

0

[3]

'

-10,168

[3]

-3,627

[3]

-5,713

[3]

0

[3]

-4,234

[3]

-22,626

[3]

'

'

Net Total Investment

267,854

324,838

267,854

219,263

'

207

0

6,905

19,226

5,681

16,572

'

'

Amount Outstanding

'

'

$558,361

$228,520

'

$32,485

$49,614

$53,706

$81,115

$34,928

$77,993

'

'

Debt, Weighted Average Interest Rate

'

'

4.30%

5.54%

[4]

'

2.66%

[5]

2.87%

[5]

2.47%

[5]

2.36%

[5]

2.34%

[5]

6.38%

[5]

'

'

Debt, Maturity Start Date

'

'

'

11-Oct-14

'

'

20-Dec-14

8-May-15

'

6-Sep-16

'

'

'

Debt, Maturity End Date

'

'

'

1-Oct-20

'

'

5-Jan-15

19-Dec-15

'

30-Sep-18

'

'

'

Maturity Date

'

'

'

'

'

9-Feb-15

'

'

25-Jul-16

'

13-Jan-16

'

'

[1]

As of September 30, 2014, we had a 48.0% ownership interest in the CB Portfolio.

[2]

As of September 2, 2014, our ownership increased to 60.54% from 47.9% due to the conversion of preferred equity into common ownership interest. See discussion above.

[3]

Total impairment related to unconsolidated entities is $50.9 million as included on our condensed consolidated statements of operation and comprehensive income (loss). $4.5 million of this amount, related to HSRE V, is not included in the above table as it is related to guarantee obligations and has instead been included in other liabilities on our condensed consolidated balance sheet.

[4]

Comprised of fixed rate debt.

[5]

Variable interest rates.

Investment_in_Unconsolidated_E1

Investment in Unconsolidated Entities (Details 1) (USD $)	Sep. 30, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Assets	'		'
Development in process	$31,485		$91,184
Liabilities and Equity	'		'
Carrying value of investment in unconsolidated entities	267,854		324,838
HSRE and DCV Holdings [Member]	'		'
Assets	'		'
Student housing properties, net	550,408	[1]	289,797	[1]
Development in process	0		81,994
Other assets	17,019		15,341
Total assets	567,427		387,132
Liabilities and Equity	'		'
Mortgage and construction loans	329,218		165,445
Other liabilities	48,501		58,948
Owners' equity	189,708		162,739
Total liabilities and owners' equity	567,427		387,132
Company's share of historical owners' equity	82,587		41,390
Preferred investment	21,635	[2]	16,468	[2]
Net difference in carrying value of investment versus net book value of underlying net assets	-55,631	[3]	5,388	[3]
Carrying value of investment in unconsolidated entities	48,591		63,246
Copper Beech [Member]	'		'
Assets	'		'
Student housing properties, net	906,630		748,280
Intangible assets	6,250		37,100
Other assets	5,063		5,201
Total assets	917,943		790,581
Liabilities and Equity	'		'
Mortgage and construction loans	477,202		421,239
Other liabilities	17,670		13,112
Owners' equity	423,071		356,230
Total liabilities and owners' equity	917,943		790,581
Company's share of historical owners' equity	203,074		244,964
Net difference in carrying value of investment versus net book value of underlying net assets	20,226	[4]	16,628	[4]
Carrying value of investment in unconsolidated entities	$219,263		$261,592
[1]	Includes Montreal, though as of September 30, 2014, a portion of the property is still under construction. As the property is substantially compute and operational, the Company has chosen to include a student housing properties.
[2]	As of September 30, 2014, we had Class B membership interests in The Grove at Indiana, Pennsylvania, The Grove at Greensboro, North Carolina, and The Grove at Louisville, Kentucky, of approximately $2.7 million, $2.7 million and $1.9 million, respectively, entitling us to a 9.0% return on our investment upon the respective property being operational. We also had, from January to September 2, 2014, a CAD 16 million ($15.0 million) Class A interest in CSH Holdings entitling us to a commitment fee of 1.0% of the Class A interest each quarter and a 10.0% annual return on our investment. As of December 31, 2013, we had Class B membership interests in The Grove at San Angelo, Texas, The Grove at Conway, Arkansas, The Grove at Indiana, Pennsylvania, The Grove at Greensboro, North Carolina, and The Grove at Louisville, Kentucky, of approximately $2.8 million, $6.4 million, $2.7 million, $2.7 million and $1.9 million, respectively, entitling us to a 9.0% return on our investment upon the respective property being operational.
[3]	This amount represents the aggregate difference between our carrying amount and our underlying equity in the net assets of our investments, which is typically amortized over the life of the related asset. The basis differential occurs primarily due to the difference between the allocated value to acquired entity interests and the venturebs basis in those interests, the capitalization of additional investment in the unconsolidated entity, the elimination of service related revenue to the extent of our percentage ownership and the impairment charges discussed in Note 4.
[4]	This amount represents the aggregate difference between our historical cost basis and the basis reflected at the entity level, which is typically amortized over the life of the related asset. The basis differential occurs primarily due to the capitalization of transaction costs incurred to acquire the Company's interests in the Copper Beech entities.

Investment_in_Unconsolidated_E2

Investment in Unconsolidated Entities (Details Textual)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

9 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jan. 31, 2014

Jan. 31, 2014

Dec. 31, 2013

Sep. 02, 2014

Sep. 02, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Jan. 31, 2014

Sep. 30, 2014

Sep. 30, 2014

Jan. 31, 2014

Aug. 18, 2014

Sep. 30, 2014

Aug. 18, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Mar. 17, 2014

Mar. 18, 2013

Aug. 18, 2014

Mar. 18, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2014

Jan. 31, 2014

Jan. 31, 2014

Sep. 30, 2014

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

CAD

USD ($)

Minimum [Member]

Maximum [Member]

HIM Holdings LP [Member]

HIM Holdings LP [Member]

HIM Holdings LP [Member]

HIM Holdings LP [Member]

HIM Holdings LP [Member]

HIM Holdings LP [Member]

HIM Holdings LP [Member]

CSH Montreal [Member]

CSH Montreal [Member]

Beaumont and Partners [Member]

Copper Beech [Member]

Copper Beech [Member]

Copper Beech [Member]

The Grove at Greensboro [Member]

The Grove at Louisville [Member]

Kentucky [Member]

Preferred Class B [Member]

Preferred Class B [Member]

Preferred Class B [Member]

Preferred Class B [Member]

Preferred Class B [Member]

Preferred Class B [Member]

Preferred Class A [Member]

Preferred Class A [Member]

Canadian Dealer Offered Rate [Member]

Canadian Dealer Offered Rate [Member]

Canadian Dealer Offered Rate [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

Cb Portfolio [Member]

Hsre Campus Crest I Llc [Member]

Hsre Campus Crest I Llc [Member]

Hsre Campus Crest I Llc [Member]

HSRE V [Member]

USD ($)

CAD

USD ($)

CAD

Minimum [Member]

Maximum [Member]

USD ($)

CAD

July 1, 2014 through August 18, 2014 [Member]

August 19, 2014 through September 30, 2014[Member]

January 1, 2014 through August 18, 2014 [Member]

USD ($)

USD ($)

USD ($)

The Grove at San Angelo Texas [Member]

The Grove at Indiana Pennsylvania [Member]

The Grove at Conway Arkansas [Member]

The Grove at Indiana [Member]

The Grove at Greensboro [Member]

USD ($)

CAD

Minimum [Member]

Maximum [Member]

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Minimum [Member]

Maximum [Member]

Copper Beech [Member]

Minimum [Member]

Maximum [Member]

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Schedule of Equity Method Investments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments to Acquire Assets, Investing Activities

'

'

$5,200,000

'

'

'

'

'

'

$58,600,000

'

65,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$20,200,000

'

'

'

'

'

'

'

'

'

'

Return On Investment Of Properties

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

39.46%

39.46%

'

'

'

'

'

'

'

9.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

45.00%

'

'

'

'

'

'

'

Number of joint venture properties

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28

35

28

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

35

'

'

'

'

Equity Method Investment, Ownership Percentage

'

'

'

'

'

'

'

47.90%

60.54%

'

'

'

'

'

20.00%

47.00%

40.54%

40.54%

39.46%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

48.00%

[1]

'

'

48.00%

25.30%

48.00%

'

63.90%

49.90%

63.90%

'

Preferred Stock, Value, Issued

61,000

'

61,000

'

15,000,000

16,000,000

61,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,700,000

2,700,000

1,900,000

'

2,800,000

2,700,000

6,400,000

2,700,000

1,900,000

14,300,000

16,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes Payable, Total

'

'

'

'

'

'

'

'

'

'

'

'

102,200,000

112,000,000

'

'

102,200,000

112,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Interest Rate, Effective Percentage Rate Range, Maximum

'

'

'

'

'

'

'

'

'

'

3.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.26%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Basis Spread on Variable Rate

'

'

'

'

'

'

'

'

'

'

3.38%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.00%

3.38%

'

'

'

'

'

'

'

'

'

'

'

'

Commitment Fee Percentage Each Quarter

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.00%

1.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of Return on Investment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10.00%

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Cash Provided by (Used in) Operating Activities, Continuing Operations, Total

5,600,000

'

32,189,000

32,384,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Cash Provided by (Used in) Investing Activities, Continuing Operations, Total

8,700,000

'

-153,808,000

-467,721,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

Net Cash Provided by (Used in) Financing Activities, Continuing Operations, Total

10,400,000

'

107,878,000

452,202,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

Cash Distributions Available

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13,000,000

'

'

'

'

'

'

'

'

'

'

Cash Distributions Received

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13,000,000

'

'

'

'

'

'

'

'

'

Cash For Other Distributions

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

600,000

'

'

'

'

'

'

'

'

'

'

Purchase And Sales Agreement, Preferred Payment, Year One

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13,000,000

'

'

'

'

'

'

'

'

Debt Instrument, Maturity Date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13-Jan-16

13-Jan-16

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13-Jan-16

'

'

'

'

'

'

'

'

'

'

9-Feb-15

'

'

'

Fair Value, Option, Events Triggering Election, Effect on Earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

34,000,000

'

'

'

'

'

'

'

Impairment Of Unconsolidated Entities

$50,866,000

$0

$50,866,000

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$4,500,000

[1]

As of September 30, 2014, we had a 48.0% ownership interest in the CB Portfolio.

Debt_Details

Debt (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Line of Credit Facility [Line Items]	'	'
Fixed-rate mortgage loans	$163,909	$165,393
Variable-rate mortgage loans	16,677	0
Construction loans	98,566	40,138
Line of credit	201,000	108,500
Exchangeable senior notes	97,244	96,758
Other debt	2,878	2,694
Long-Term Debt	$580,274	$413,483

Debt_Details_1

Debt (Details 1) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Dec. 31, 2013
Debt Instrument [Line Items]	'		'
Principal Outstanding	$279,152		$205,531
The Grove at Denton [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	17,167		'
Principal Outstanding	16,677		0
Stated Interest Rate	'LIBOR + 215 BPS		'
Interest Rate	2.31%		'
Maturity Date	1-Mar-17	[1]	'
Mortgage Notes Payable Amortization Terms	'30 years		'
The Grove at Milledgeville [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	16,250	[2]	'
Principal Outstanding	15,694	[2]	15,847	[2]
Stated Interest Rate	'6.12%	[2]	'
Interest Rate	6.12%	[2]	'
Maturity Date	1-Oct-16	[1],[2]	'
Mortgage Notes Payable Amortization Terms	'30 years	[2]	'
The Grove at Carrollton and The Grove at Las Cruces [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	29,790		'
Principal Outstanding	28,772		29,052
Stated Interest Rate	'6.13%		'
Interest Rate	6.13%		'
Maturity Date	11-Oct-16	[1]	'
Mortgage Notes Payable Amortization Terms	'30 years		'
The Grove at Asheville [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	14,800	[2]	'
Principal Outstanding	14,355	[2]	14,500	[2]
Stated Interest Rate	'5.77%	[2]	'
Interest Rate	5.77%	[2]	'
Maturity Date	11-Apr-17	[1],[2]	'
Mortgage Notes Payable Amortization Terms	'30 years	[2]	'
The Grove at Ellensburg [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	16,125	[2]	'
Principal Outstanding	15,903	[2]	16,070	[2]
Stated Interest Rate	'5.10%	[2]	'
Interest Rate	5.10%	[2]	'
Maturity Date	1-Sep-18	[1],[2]	'
Mortgage Notes Payable Amortization Terms	'30 years	[2]	'
The Grove at Nacogdoches [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	17,160	[3]	'
Principal Outstanding	16,919	[3]	17,100	[3]
Stated Interest Rate	'5.01%	[3]	'
Interest Rate	5.01%	[3]	'
Maturity Date	1-Sep-18	[1],[3]	'
Mortgage Notes Payable Amortization Terms	'30 years	[3]	'
The Grove at Greeley [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	15,233	[3]	'
Principal Outstanding	15,009	[3]	15,194	[3]
Stated Interest Rate	'4.29%	[3]	'
Interest Rate	4.29%	[3]	'
Maturity Date	1-Oct-18	[1],[3]	'
Mortgage Notes Payable Amortization Terms	'30 years	[3]	'
The Grove at Clarksville [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	16,350	[3],[4]	'
Principal Outstanding	16,307	[3],[4]	16,350	[3],[4]
Stated Interest Rate	'4.03%	[3],[4]	'
Interest Rate	4.03%	[3],[4]	'
Maturity Date	1-Jul-22	[1],[3],[4]	'
Mortgage Notes Payable Amortization Terms	'30 years	[3],[4]	'
The Grove at Columbia [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	23,775	[5]	'
Principal Outstanding	22,850	[5]	23,180	[5]
Stated Interest Rate	'3.83%	[5]	'
Interest Rate	3.83%	[5]	'
Maturity Date	1-Jul-22	[1],[5]	'
Mortgage Notes Payable Amortization Terms	'30 years	[5]	'
The Grove at Statesboro [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	18,100	[2]	'
Principal Outstanding	18,100	[2]	18,100	[2]
Stated Interest Rate	'4.01%	[2]	'
Interest Rate	4.01%	[2]	'
Maturity Date	1-Jan-23	[1],[2]	'
Mortgage Notes Payable Amortization Terms	'30 years	[2]	'
The Grove at Muncie [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	14,567		'
Principal Outstanding	13,892		12,237
Stated Interest Rate	'LIBOR + 225 BPS		'
Interest Rate	2.41%		'
Maturity Date	3-Jul-15	[1]	'
Mortgage Notes Payable Amortization Terms	'Interest only		'
The Grove at Slippery Rock [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	17,961		'
Principal Outstanding	11,690		0
Stated Interest Rate	'LIBOR + 215 BPS		'
Interest Rate	2.31%		'
Maturity Date	21-Jun-16	[1]	'
Mortgage Notes Payable Amortization Terms	'Interest only		'
The Grove at Fort Collins [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	19,073		'
Principal Outstanding	19,073		17,228
Stated Interest Rate	'LIBOR + 190 BPS		'
Interest Rate	2.06%		'
Maturity Date	13-Jul-15	[1]	'
Mortgage Notes Payable Amortization Terms	'Interest only		'
The Grove at Pullman [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	16,016		'
Principal Outstanding	10,866		10,673
Stated Interest Rate	'LIBOR + 220 BPS		'
Maturity Date	5-Sep-15	[1]	'
Mortgage Notes Payable Amortization Terms	'Interest only		'
The Grove at Grand Forks [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	16,916		'
Principal Outstanding	12,457		0
Stated Interest Rate	'LIBOR + 200 BPS		'
Interest Rate	2.16%		'
Maturity Date	5-Feb-17	[1]	'
Mortgage Notes Payable Amortization Terms	'Interest only		'
Grove At Gainesville [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	30,069		'
Principal Outstanding	16,225		0
Stated Interest Rate	'LIBOR +215 BPS		'
Maturity Date	13-Mar-17	[1]	'
Mortgage Notes Payable Amortization Terms	'Interest only		'
Copper Beech at Ames [Member]	'		'
Debt Instrument [Line Items]	'		'
Face Amount	23,551		'
Principal Outstanding	$14,363		$0
Stated Interest Rate	'LIBOR + 225 BPS		'
Interest Rate	2.41%		'
Maturity Date	2-May-17	[1]	'
Mortgage Notes Payable Amortization Terms	'Interest only		'
[1]	For the construction loans, the maturity date is the stated maturity date in the respective loan agreements, which can be extended for an additional one to two years, subject to the satisfaction of certain conditions, depending on the loan.
[2]	Loans require interest only payments, plus certain reserves and escrows, that are payable monthly for a period of five years. Monthly payments of principal and interest, plus certain reserve and escrow amounts, are due thereafter until maturity when all principal is due.
[3]	Interest only for the first two years, followed by 30 year amortization.
[4]	Loan requires interest only payments, plus certain reserves and escrows payable monthly through August 2014, thereafter, principal and interest, plus certain reserves and escrows that are payable monthly until maturity.
[5]	Loan requires monthly payments of principal and interest, plus certain reserve and escrows, until maturity when all principal is due.

Debt_Details_Textual

Debt (Details Textual) (USD $)

9 Months Ended

9 Months Ended

9 Months Ended

1 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Jan. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jan. 31, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Jan. 31, 2013

Jan. 31, 2013

Exchangeable Senior Notes [Member]

Term Loan [Member]

Term Loan [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Swingline Loan [Member]

Letter of Credit [Member]

Term Loan [Member]

Term Loan [Member]

Minimum [Member]

Maximum [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Leverage Ratio For Eurodollar Rate Based Borrowings

'

'

'

'

'

'

'

1.70%

'

2.45%

'

'

1.75%

2.50%

'

'

Leverage Ratio For Base Rate Based Borrowings

'

'

'

'

'

'

'

0.70%

'

1.45%

'

'

0.75%

1.50%

'

'

Line of Credit Facility, Maximum Borrowing Capacity

'

'

'

'

'

'

'

'

'

'

'

$70,800,000

'

'

$30,000,000

$15,000,000

Line of Credit Facility, Borrowing Capacity, Description

'

'

'

'

'

'

'

'

'

'

'

'(i) 60.0% of the "as-is" appraised value of our properties that form the borrowing base of the Amended Credit Facility and (ii) the amount that would create a debt service coverage ratio of not less than 1.5, and (b) 50% of the aggregate of the lesser of (i) the book value of each of our development assets (as such term is defined in the Second Amended and Restated Credit Agreement) and (ii) the "as-is" appraised value of each of our development assets, subject to certain limitations in the Second Amended and Restated Credit Agreement.

'

'

'

'

Line of Credit Facility, Amount Outstanding

201,000,000

'

108,500,000

'

'

'

'

'

'

'

'

151,000,000

'

'

'

'

Long Term Line Of Credit

'

'

'

'

50,000,000

50,000,000

'

'

'

'

'

'

'

'

'

'

Future Commitment Line Of Credit Facility Maximum Borrowing Capacity

'

'

'

'

'

'

'

'

'

'

'

'

300,000,000

600,000,000

'

'

Line Of Credit Facility Covenant Terms, Leverage Ratio, Maximum

'

'

'

'

'

'

0.6

'

1

'

'

'

'

'

'

'

Line Of Credit Facility Covenant Term, Fixed Charge Coverage Ratio, Minimum

'

'

'

'

'

'

1

'

1.5

'

'

'

'

'

'

'

Line Of Credit Facility Covenant Terms, Fixed Rate Debt and Debt, Subject To Hedge Agreements To Total Debt Minimum, Percentage

66.67%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line Of Credit Facility Covenant Terms, Secured Recourse Debt Ratio, Maximum, Percentage

20.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line Of Credit Facility Covenant Terms, Tangible Minimum

330,788,250

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line Of Credit Facility Covenant Terms, Percentage Of Net Proceeds Of Additional Equity Issuances

75.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line Of Credit Facility Covenant Terms, Percentage Of Distributions Of Funds From Operations

95.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Increase, Additional Borrowings

109,414,000

189,376,000

'

'

'

'

'

'

'

'

250,000,000

'

'

'

'

'

Debt Instrument, Interest Rate During Period

'

'

'

'

2.32%

'

'

'

'

'

'

2.37%

'

'

'

'

Debt Instrument, Face Amount

'

'

'

1,000

'

'

'

'

'

'

'

'

'

'

'

'

Description of revolving credit facility , average borrowings, interest rate

'

'

'

'

'

'

'

'

'

'

'

'(i) of 0.30% per annum if our average borrowing is less than 50.0% of the total amount available or (ii) 0.25% per annum if our average borrowing is greater than 50.0% of the total amount available.

'

'

'

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

4.75%

'

'

'

'

'

'

'

'

'

'

'

'

Debt Conversion, Converted Instrument, Shares Issued

'

'

'

79.602

'

'

'

'

'

'

'

'

'

'

'

'

Common Stock Exchange Price

'

'

'

$12.56

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Maturity Date

'

'

'

15-Oct-18

'

'

'

'

'

'

'

'

'

'

'

'

Debt instrument operating partnership issued

'

'

'

$100,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Description on Exchangeable Senior Notes

'

'

'

'i) during any calendar quarter beginning after December 31, 2013 (and only during such quarter) if the closing sale price of the common stock, $0.01 par value per share, of the Companyis more than 130% of the then-current exchange price for at least 20 trading days (whether or not consecutive) in the period of the 30 consecutive trading days ending on the last trading day of the previous calendar quarter; ii) during the five consecutive business-day period following any five consecutive trading-day period in which the trading price per $1,000 principal amount of notes for each trading day during such five trading day period was less than 98% of the closing sale price of the common stock of Campus Crest, or Campus Crest common stock, for each trading day during such five trading-day period multiplied by the then current exchange rate; or iii) upon the occurrence of specified corporate transactions described in the indenture governing theExchangeable Senior Notes.On or after July 15, 2018, and on or prior to the second scheduled trading day immediately preceding the maturity date, holders of the Exchangeable Senior Notesmay exchange their notes without regard to the foregoing conditions.

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit facility covenant Terms percentage secured debt ratio description

'not greater than 50% through February 17, 2013 and not greater than 45.0% on any date thereafter.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of Credit Facility, Commitment Fee Percentage

'

'

'

'

'

'

'

'

105.00%

'

'

'

'

'

'

'

Debt Instrument, Maturity Date, Description

'

'

'

'Exchangeable Senior Notes due 2018

'

'

'

'

'

'

'

'

'

'

'

'

Fair_Value_Disclosures_Details

Fair Value Disclosures (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivative Instruments and Hedging Activities Disclosures [Line Items]	'	'
Fixed-rate mortgage loans	$163,909	$165,393
Variable-rate mortgage loans	16,677	0
Construction loans	98,566	40,138
Exchangeable Senior Notes	97,244	96,758
Other Debt	2,878	2,694
Fair Value, Inputs, Level 1 [Member]	'	'
Derivative Instruments and Hedging Activities Disclosures [Line Items]	'	'
Fixed-rate mortgage loans	0	0
Variable-rate mortgage loans	0	0
Construction loans	0	0
Exchangeable Senior Notes	0	0
Other Debt	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Derivative Instruments and Hedging Activities Disclosures [Line Items]	'	'
Fixed-rate mortgage loans	163,537	161,379
Variable-rate mortgage loans	16,520	0
Construction loans	97,885	40,258
Exchangeable Senior Notes	100,831	98,547
Other Debt	2,957	2,671
Fair Value, Inputs, Level 3 [Member]	'	'
Derivative Instruments and Hedging Activities Disclosures [Line Items]	'	'
Fixed-rate mortgage loans	0	0
Variable-rate mortgage loans	0	0
Construction loans	0	0
Exchangeable Senior Notes	0	0
Other Debt	$0	$0

Fair_Value_Disclosures_Details1

Fair Value Disclosures (Details 1) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Harrison Street Real Estate Capital I [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	$207
Harrison Street Real Estate Capital V [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Harrison Street Real Estate Capital VI [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	6,905
Harrison Street Real Estate Capital X [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	5,681
CSH Montreal LP [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	16,571
Land Parcels [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	31,765
Fair Value, Inputs, Level 1 [Member] | Harrison Street Real Estate Capital I [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 1 [Member] | Harrison Street Real Estate Capital V [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 1 [Member] | Harrison Street Real Estate Capital VI [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 1 [Member] | Harrison Street Real Estate Capital X [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 1 [Member] | CSH Montreal LP [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 1 [Member] | Land Parcels [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 2 [Member] | Harrison Street Real Estate Capital I [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 2 [Member] | Harrison Street Real Estate Capital V [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 2 [Member] | Harrison Street Real Estate Capital VI [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 2 [Member] | Harrison Street Real Estate Capital X [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 2 [Member] | CSH Montreal LP [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 2 [Member] | Land Parcels [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 3 [Member] | Harrison Street Real Estate Capital I [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	207
Fair Value, Inputs, Level 3 [Member] | Harrison Street Real Estate Capital V [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	0
Fair Value, Inputs, Level 3 [Member] | Harrison Street Real Estate Capital VI [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	6,905
Fair Value, Inputs, Level 3 [Member] | Harrison Street Real Estate Capital X [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	5,681
Fair Value, Inputs, Level 3 [Member] | CSH Montreal LP [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	16,571
Fair Value, Inputs, Level 3 [Member] | Land Parcels [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Investments,Fair Value Disclosure	31,765
Fair Value, Measurements, Nonrecurring [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Assets	61,129
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Assets	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Assets	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Assets	$61,129

Fair_Value_Disclosures_Details2

Fair Value Disclosures (Details Textual) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014
In Thousands, unless otherwise specified			Harrison Street Real Estate Capital [Member]	CSH Montreal LP [Member]	Fair Value, Measurements, Nonrecurring [Member]	Fair Value, Measurements, Nonrecurring [Member]	Fair Value, Measurements, Nonrecurring [Member]
					Fair Value, Inputs, Level 3 [Member]	Fair Value, Inputs, Level 3 [Member]	Fair Value, Inputs, Level 3 [Member]
					Harrison Street Real Estate Capital [Member]	Harrison Street Real Estate Capital [Member]	CSH Montreal LP [Member]
					Maximum [Member]	Minimum [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]	'	'	'	'	'	'	'
Debt, Weighted Average Interest Rate	3.62%	4.23%	'	'	'	'	'
Fair Value Inputs, Cap Rate	'	'	'	'	8.00%	6.00%	7.00%
Fair Value Measurements, Valuation Techniques	'	'	'	'	'	'	'discounted cash flow
Fair Value Inputs Percentage Of Revenue Growth Per Bed	'	'	'	'	'	'	95.00%
Fair Value Inputs Revenue Growth Per Bed	'	'	'	'	'	'	1,050
Fair Value Inputs, Discount Rate	'	'	'	'	'	'	9.00%
Equity Method Investments	$267,854	$324,838	$12,800	$16,600	'	'	'

Earnings_per_Share_Details

Earnings per Share (Details) (USD $)	3 Months Ended				9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014	Sep. 30, 2013
Basic earnings:	'		'		'	'
Income (loss) from continuing operations	($122,188)		$3,895		($123,846)	$8,305
Preferred stock dividends	-3,050		-1,150		-9,150	-3,450
Income (loss) from continuing operations attributable to noncontrolling interests	-731		21		-751	39
Income (loss) from continuing operations attributable to common stockholders	-124,507		2,724		-132,245	4,816
Income (loss) from discontinued operations	-5,506		958		-3,191	2,655
Income from discontinued operations attributable to noncontrolling interests	-39		5		-22	12
Income from discontinued operations attributable to common stockholders	-5,467		953		-3,169	2,643
Net income (loss) attributable to common stockholders	($129,974)		$3,677		($135,414)	$7,459
Weighted average common shares outstanding:	'		'		'	'
Basic	64,770		64,518		64,650	58,461
Incremental shares from assumed conversion B OP units	0	[1]	435	[1]	0	435
Diluted	64,770		64,953		64,650	58,896
Basic and Diluted earnings per share:	'		'		'	'
Income (loss) from continuing operations attributable to common stockholders	($1.92)		$0.05		($2.04)	$0.08
Income from discontinued operations attributable to common stockholders	($0.09)		$0.01		($0.05)	$0.05
Net income (loss) attributable to common stockholders	($2.01)		$0.06		($2.09)	$0.13
[1]	The effect of the inclusion of all potentially dilutive securities would be anti-dilutive when computing diluted earnings per share. Therefore, the computation of both basic and diluted earnings per share is the same. For the three and nine month period ended September 30, 2014, 434,093 OP units and restricted OP units were not included in the computation of diluted earnings per share because the effects of their inclusion would be anti-dilutive.

Equity_Details

Equity (Details)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Common shares at beginning of period	64,502,430	38,558,000
Issuance of common shares	0	25,530,000
Issuance of restricted shares	357,000	496,000
Forfeiture of restricted shares	-80,000	-72,000
Common shares at end of period	64,779,313	64,512,000

Equity_Details_Textual

Equity (Details Textual) (USD $)	3 Months Ended	9 Months Ended	12 Months Ended	3 Months Ended					9 Months Ended	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014
				Board Of Directors [Member]	Dividend Paid [Member]	Dividend Paid [Member]	Parent Company [Member]	Other Partners [Member]	8% Series A Cumulative Redeemable Preferred Stock [Member]	Series A Preferred Stock [Member]
Preferred Stock Dividend Rate Percentage	'	8.00%	8.00%	'	'	'	'	'	8.00%	'
Operating Partnership Units Outstanding	65.2	65.2	'	'	'	'	64.8	0.4	'	'
Percentage Of Operating Partnership Units Held	'	'	'	'	'	'	99.30%	0.70%	'	'
Fair Market Value Of Operating Partnership Units	'	'	'	'	'	'	'	$2.80	'	'
Per Unit Fair Market Value Of Operating Partnership Units	'	'	'	'	'	'	'	$6.40	'	'
Dividend Declared Per Common Share and Operating Partnership Unit	'	'	'	$0.17	$0.17	$0.17	'	'	'	'
Accrued Dividends Common Stock	10.8	10.8	'	'	'	'	'	'	'	'
Accrued Dividends Preferred Stock	2.5	2.5	'	'	'	'	'	'	'	'
Dividends paid to common and preferred stockholders	'	'	'	'	10.8	10.7	'	'	'	'
Preferred stock, liquidation preference per share	$25	$25	$25	'	'	'	'	'	$25	'
Preferred Stock Dividend Rate Per Dollar Amount	'	'	'	'	'	'	'	'	$2	'
Preferred Stock Redemption Price Per Share	'	'	'	'	'	'	'	'	$25	'
Maximum shares issue value under market offering program	100	100	'	'	'	'	'	'	'	'
Preferred Stock, Dividends Per Share, Declared	'	'	'	'	'	'	'	'	'	$0.50
Dividends, Common Stock, Cash	$10.80	$32	'	'	'	'	'	'	'	'

Incentive_Plans_Details

Incentive Plans (Details) (USD $)	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014
Weighted Average Grant Price, Unvested balance	$11.97
Weighted Average Grant Price, Granted	$9.01
Weighted Average Grant Price, Vested	$9.71
Weighted Average Grant Price, Forfeited	$10.96
Weighted Average Grant Price, Unvested balance	$11.16
Restricted Stock [Member]	'
Unvested Balances	648
Granted	357
Vested	-254
Forfeited	-80
Unvested balances	671

Incentive_Plans_Details_Textua

Incentive Plans (Details Textual) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Share data in Millions, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Apr. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock [Member]

Restricted Stock Units (RSUs) [Member]

Restricted Stock Units (RSUs) [Member]

Restricted Stock Units (RSUs) [Member]

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant

0.3

2.5

0.3

5.3

'

'

'

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized

'

'

'

'

$6,100,000

'

$6,100,000

'

'

'

'

'

Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition

'

'

'

'

'

'

'1 year 4 months 24 days

'

'

'

'

'

Allocated Share-based Compensation Expense

100,000

'

300,000

'

900,000

800,000

1,400,000

2,300,000

200,000

'

500,000

'

Amortization of restricted stock awards and operating partnership units

'

2,712,000

'

'

500,000

300,000

1,300,000

700,000

'

'

'

'

Stock Granted, Value, Share-based Compensation, Net of Forfeitures, Total

'

'

'

'

'

$100,000

$200,000

$400,000

'

$0

'

$0

Related_Party_Transactions_Det

Related Party Transactions (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Term Of Agreement	'	'	'5 years	'
Upfront Payment	'	'	$100,000	'
Related Party Monthly Fees Receivable	300,000	'	1,000,000	'
Related Party Costs	$100,000	$200,000	$100,000	$200,000

Segments_Details

Segments (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Student Housing Operations:	'	'	'	'	'
Revenues from external customers	$28,309	$23,257	$78,010	$67,302	'
Operating expenses	61,408	18,229	106,439	55,568	'
Effect of not exercising Copper Beech purchase option	34,047	0	34,047	0	'
Equity in earnings of unconsolidated entities	635	1,302	63	3,608	'
Operating income (loss)	-117,377	6,330	-113,279	15,342	'
Nonoperating expenses	-3,680	-2,395	-9,836	-7,343	'
Net income (loss)	-127,694	4,853	-127,037	10,960	'
Net income (loss) attributable to noncontrolling interest	-770	26	-773	51	'
Net income (loss) attributable to common stockholders	-5,467	953	-3,169	2,643	'
Capital expenditures	'	'	-802	-1,194	'
Investment in unconsolidated entities	267,854	'	267,854	'	324,838
Total consolidated revenues	281	225	711	539	'
Change in fair value of interest rate derivatives	-11	0	-10	1	'
Interest expense	-3,639	-3,091	-9,965	-8,764	'
Impairment of land & pre-development costs	29,790	0	29,790	0	'
Write-off of corporate other assets	7,765	0	7,765	0	'
Income (loss) from continuing operations, before income tax benefit (expense)	-122,188	3,895	-123,846	8,305	'
Total assets at end of period	1,201,122	'	1,201,122	'	1,182,679
Student Housing Operations [Member]	'	'	'	'	'
Student Housing Operations:	'	'	'	'	'
Revenues from external customers	28,028	23,032	77,299	66,763	'
Operating expenses	18,785	13,915	54,699	42,430	'
Income from wholly-owned student housing operations	9,243	9,117	22,600	24,333	'
Impairment of unconsolidated entities	-50,866	0	-50,866	0	'
Effect of not exercising Copper Beech purchase option	-34,047	0	-34,047	0	'
Equity in earnings of unconsolidated entities	635	1,302	63	3,608	'
Operating income (loss)	-75,035	10,419	-62,250	27,941	'
Nonoperating expenses	-2,736	-2,634	-7,889	-7,716	'
Net income (loss)	-77,771	7,785	-70,139	20,225	'
Net income (loss) attributable to noncontrolling interest	-754	75	-680	196	'
Net income (loss) attributable to common stockholders	-77,017	7,710	-69,459	20,029	'
Depreciation and amortization	6,724	5,241	20,468	16,535	'
Capital expenditures	43,964	47,026	125,269	110,763	'
Investment in unconsolidated entities	267,854	323,268	267,854	323,268	'
Total segment assets at end of period	1,180,175	1,155,452	1,180,175	1,155,452	'
Property Management Services [Member]	'	'	'	'	'
Student Housing Operations:	'	'	'	'	'
Revenues from external customers	281	225	711	539	'
Intersegment revenues	1,084	896	2,078	2,251	'
Total revenues	1,365	1,121	2,789	2,790	'
Operating expenses	1,536	743	2,749	1,647	'
Net income (loss)	-171	378	40	1,143	'
Net income (loss) attributable to noncontrolling interest	-1	4	1	11	'
Net income (loss) attributable to common stockholders	-170	374	39	1,132	'
Depreciation and amortization	38	35	63	98	'
Total segment assets at end of period	0	0	0	0	'
Reconciliations [Member]	'	'	'	'	'
Student Housing Operations:	'	'	'	'	'
Intersegment revenues	-1,084	-896	-2,078	-2,251	'
Total revenues	29,393	24,153	80,088	69,553	'
Total consolidated revenues	28,309	23,257	78,010	67,302	'
Segment operating income (loss)	-75,206	10,797	-62,210	29,084	'
Change in fair value of interest rate derivatives	0	0	0	-73	'
Interest expense	-3,639	-3,091	-9,965	-8,764	'
Impairment of land & pre-development costs	-29,790	0	-29,790	0	'
Write-off of corporate other assets	-7,765	0	-7,765	0	'
Net unallocated expenses related to corporate overhead	-4,616	-4,467	-13,513	-13,742	'
Other income (loss)	-41	696	129	1,494	'
Income (loss) from continuing operations, before income tax benefit (expense)	-121,057	3,935	-123,115	7,999	'
Total segment assets at end of period	1,180,175	1,155,452	1,180,175	1,155,452	'
Unallocated corporate assets and eliminations	20,947	29,300	20,947	29,300	'
Total assets at end of period	$1,201,122	$1,184,752	$1,201,122	$1,184,752	'

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Commitments and Contingencies [Line Items]	'
2014	$368
2015	1,473
2016	1,484
2017	1,500
2018	1,489
Thereafter	40,673
Total future minimum lease payments	$46,987

Commitments_and_Contingencies_2

Commitments and Contingencies (Details Textual)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014
	USD ($)	USD ($)	Harrison Street Real Estate [Member]	Harrison Street Real Estate I Investment [Member]	Harrison Street Real Estate V Investment [Member]	CSH Montreal [Member]	CSH Montreal [Member]
			USD ($)	USD ($)	USD ($)	USD ($)	CAD
Notes Payable, Total	'	'	'	'	'	$102,200,000	112,000,000
Line Of Credit Facility Guaranteed Amount Outstanding	'	'	'	'	'	39,000,000	43,600,000
Long-Term Line Of Credit	201,000,000	108,500,000	'	'	'	78,000,000	87,200,000
Debt Instrument, Maturity Date	'	'	'	'	'	13-Jan-16	13-Jan-16
Equity Investment Period Increase Decrease	'	'	'	0	4,500,000	'	'
Guarantees, Fair Value Disclosure	'	'	$9,400,000	$3,200,000	$6,200,000	'	'

Subsequent_Events_Details_Text

Subsequent Events (Details Textual) (USD $)	1 Months Ended	9 Months Ended	0 Months Ended
In Millions, except Share data, unless otherwise specified	Jan. 31, 2014	Sep. 30, 2014	Nov. 03, 2014	Nov. 03, 2014	Nov. 03, 2014	Nov. 03, 2014	Nov. 03, 2014	Nov. 03, 2014	Nov. 03, 2014
			Copper Beech Portfolio [Member]	Copper Beech Portfolio [Member]	Copper Beech Portfolio [Member]	Copper Beech Portfolio [Member]	Copper Beech Portfolio [Member]	Copper Beech Portfolio [Member]	Copper Beech at Ames [Member]
			Subsequent Event [Member]	4 Properties [Member]	2 Properties [Member]	29 Properties [Member]	Property One [Member]	Property Two [Member]	Subsequent Event [Member]
				Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
Equity Method Investment, Ownership Percentage	'	'	'	48.00%	0.00%	100.00%	87.00%	86.00%	100.00%
Payments to Acquire Businesses, Gross	$7.70	$7.70	$60.30	'	'	'	'	'	'
Operating Partnership Units Issued	'	'	12.4	'	'	'	'	'	'