Prudential Variable Contract Real Property Account 10-Q 14 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014
Document And Entity Information [Abstract]	'
Document Type	'10-Q
Amendment Flag	'false
Document Period End Date	31-Mar-14
Document Fiscal Period Focus	'Q1
Document Fiscal Year Focus	'2014
Entity Registrant Name	'PRUDENTIAL VARIABLE CONTRACT REAL PROPERTY ACCOUNT
Entity Central Index Key	'0000846581
Current Fiscal Year End Date	'--12-31
Entity Filer Category	'Non-accelerated Filer
Entity Common Stock, Shares Outstanding	0

Statements_Of_Net_Assets

Statements Of Net Assets (USD $)	Mar. 31, 2014	Dec. 31, 2013
ASSETS	'	'
Investment in The Prudential Variable Contract Real Property Partnership	$76,060,470	$77,305,072
Net Assets	76,060,470	77,305,072
NET ASSETS, representing:	'	'
Equity of contract owners	62,615,780	62,658,750
Equity of The Prudential Insurance Company of America	13,444,690	14,646,322
Net Assets	$76,060,470	$77,305,072
Units outstanding	27,748,488	28,364,407
Portfolio shares held	1,999,111	2,046,322
Portfolio net asset value per share	$38.05	$37.78

Statements_Of_Operations

Statements Of Operations (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
INVESTMENT INCOME	'	'
Net investment income from Partnership operations	$757,290	$968,735
EXPENSES	'	'
Charges to contract owners for assuming mortality risk and expense risk and for administration	120,098	108,957
NET INVESTMENT INCOME	637,192	859,778
NET REALIZED AND UNREALIZED GAIN ON INVESTMENTS	'	'
Net change in unrealized gain (loss) on investments in Partnership	-207,289	-727,162
Net realized gain (loss) on sale of investments in Partnership	0	154,647
NET (LOSS) GAIN ON INVESTMENTS	-207,289	-572,515
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$429,903	$287,263

Statements_Of_Changes_In_Net_A

Statements Of Changes In Net Assets (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
OPERATIONS	'	'
Net investment income	$637,192	$859,778
Net change in unrealized gain (loss) on investments in Partnership	-207,289	-727,162
Net realized gain (loss) on sale of investments in Partnership	0	154,647
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	429,903	287,263
CAPITAL TRANSACTIONS	'	'
Net contributions (withdrawals) by contract owners	-368,332	-129,737
Net contributions (withdrawals) by The Prudential Insurance Company of America	-1,306,173	-1,555,145
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM CAPITAL TRANSACTIONS	-1,674,505	-1,684,882
TOTAL INCREASE (DECREASE) IN NET ASSETS	-1,244,602	-1,397,619
NET ASSETS	'	'
Beginning of period	77,305,072	73,974,319
End of period	$76,060,470	$72,576,700

General

General	3 Months Ended
	Mar. 31, 2014
General [Abstract]	'
General	'
	Note 1: General
	The Prudential Variable Contract Real Property Account (the “Real Property Account” or the “Registrant”) was established on November 20, 1986 by resolution of the Board of Directors of The Prudential Insurance Company of America (“Prudential” or the “Company”), as a separate investment account pursuant to New Jersey law and is registered under the Securities Act of 1933, as amended. Prudential is an indirect wholly-owned subsidiary of Prudential Financial, Inc. (“Prudential Financial”). The assets of the Real Property Account are segregated from Prudential's other assets. The Real Property Account is used to fund benefits under certain variable life insurance and variable annuity contracts issued by Prudential. These products are Variable Appreciable Life (“PVAL and PVAL $100,000+ Face Value”), Discovery Plus (“PDISCO+”), and Variable Investment Plan (“VIP”).
	The assets of the Real Property Account are invested in The Prudential Variable Contract Real Property Partnership (the “Partnership”). The Partnership is the investment vehicle for assets allocated to the real estate investment option under certain variable life insurance and variable annuity contracts. The Real Property Account, along with the Pruco Life Variable Contract Real Property Account and the Pruco Life of New Jersey Variable Contract Real Property Account, are the sole investors in the Partnership. These financial statements should be read in conjunction with the unaudited consolidated financial statements of the Partnership.
	The Partnership has a policy of investing at least 65% of its assets in direct ownership interests in income-producing real estate and participating mortgage loans.

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies And Pronouncements	3 Months Ended
	Mar. 31, 2014
Summary Of Significant Accounting Policies And Pronouncements [Abstract]	'
Summary Of Significant Accounting Policies And Pronouncements	'
	Note 2: Summary of Significant Accounting Policies and Pronouncements
	A.  Basis of Accounting
	The Unaudited Interim Financial Statements as of March 31, 2014 and the statement of net assets as of December 31, 2013, which has been derived from Audited Financial Statements, have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) on a basis consistent with reporting interim financial information in accordance with instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”).
	In the opinion of management, all adjustments necessary for a fair statement of the financial position and results of operations have been made. All such adjustments are of a normal, recurring nature. Interim results are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the Account's Audited Financial Statements included in the Account's Annual Report on Form 10-K for the year ended December 31, 2013.
	The Real Property Account has transactions and relationships with Prudential and other affiliates. Due to these relationships, it is possible that the terms of these transactions are not the same as those that would result from transactions among unrelated parties.
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The most significant estimates include valuation of investments in the Partnership.
	Note 2: Summary of Significant Accounting Policies and Pronouncements (continued)
	B.  Investment in Partnership Interest
	The investment in the Partnership is based on the Real Property Account's proportionate interest of the Partnership's fair value. At March 31, 2014 and December 31, 2013, the Real Property Account's interest in the General Partners Controlling Interest was 41.9% or 1,999,111 shares and 41.7% or 2,046,322 shares, respectively. Properties owned by the Partnership are illiquid and their value is based on estimated fair value as discussed in the notes to the unaudited consolidated financial statements of the Partnership.
	C.  Income Recognition
	Net investment income, recognized and unrealized gains and losses are allocated based upon the monthly average net assets for the investment in the Partnership. Amounts are based on the Real Property Account's proportionate interest in the Partnership.
	D.  Equity of The Prudential Insurance Company of America
	Prudential maintains a position in the Real Property Account for liquidity purposes, including unit purchases and redemptions, Partnership share transactions, and expense processing. The position does not affect contract owners' accounts or the related unit values.
	For the period ended March 31, 2014 and the year ended December 31, 2013, there were no cash transactions at the Real Property Account level as all of the transactions are settled by Prudential on behalf of the Real Property Account through a redemption or an issuance of units. Therefore, no statement of cash flows is presented.

Charges_And_Expenses

Charges And Expenses	3 Months Ended
	Mar. 31, 2014
Charges And Expenses [Abstract]	'
Charges And Expenses	'
	Note 3: Charges and Expenses
	A. Mortality Risk and Expense Risk Charges
	Mortality risk and expense risk charges are determined daily using an effective annual rate of 1.2%, 0.9%, 0.6% and 1.2% for PDISCO+, PVAL, PVAL $100,000 + Face Value and VIP, respectively (for PDISCO+, the 1.2% includes a 0.20% administrative charge). Custom VAL (CVAL) used the same fees and charges as the VAL Face amount over $100,000. Mortality risk is the risk that life insurance contract owners may not live as long as estimated or annuitants may live longer than estimated and expense risk is the risk that the cost of issuing and administering the policies may exceed related charges by Prudential. The mortality risk and expense risk charges are assessed through reduction in unit values.
	B. Cost of Insurance and Other Related Charges
	Contract owner contributions are subject to certain deductions prior to being invested in the Real Property Account. The deductions for PVAL and PVAL $100,000 + Face Value are (1) state premium taxes; (2) transaction costs which are deducted from each premium payment to cover premium collection and processing costs. Contracts are subject to charges on each basic premium for assuming a guaranteed minimum death benefit risk. This charge compensates Prudential for the risk that an insured may die at a time when the death benefit exceeds the benefit that would have been payable in the absence of a minimum guarantee. These charges are assessed through the redemption of units.
	C. Deferred Sales Charge
	A deferred sales charge, applicable to PVAL and PVAL $100,000 + Face Value, and not to exceed 50% of the first year's primary annual premium for PVAL contracts, is imposed upon surrenders of certain variable life insurance contracts to compensate Prudential for sales and other marketing expenses. The amount of any sales charge will depend on the number of years that have elapsed since the contract was issued. No sales charge will be imposed after the tenth year of the contract. No sales charge will be imposed on death benefits. Also a deferred sales charge is imposed upon the withdrawals of certain purchase payments to compensate Prudential for sales and other marketing expenses for PDISCO+ and VIP. The amount of any sales charge will depend on the amount withdrawn and the number of contract years that have elapsed since the contract owner or annuitant made the purchase payments deemed to be withdrawn. As the amount of time that has elapsed since a given purchase payment made increases, the sales charge applicable to that purchase payment generally decreases. No sales charge is made against the withdrawal of investment income. No sales charge is imposed upon death benefit payments or upon transfers made between subaccounts. This deferred sales charge is assessed through the redemption of units.
	Note 3: Charges and Expenses (continued)
	D. Partial Withdrawal Charge
	A charge is imposed by Prudential on partial withdrawals of the cash surrender value for PVAL and PVAL $100,000 + Face Value. A charge equal to the lesser of $15 or 2% will be made in connection with each partial withdrawal of the cash surrender value of a contract. This charge is assessed through the redemption of units.
	E. Annual Maintenance Charge
	An annual maintenance charge, applicable to PDISCO+ and VIP, of $30 will be deducted if and only if the contract fund is less than $10,000 on a contract anniversary or at the time a full withdrawal is effected, including a withdrawal to effect an annuity. The charge is made by reducing accumulation units credited to a contract owner's account.

Taxes

Taxes	3 Months Ended
	Mar. 31, 2014
Taxes [Abstract]	'
Taxes	'
	Note 4: Taxes
	Prudential is taxed as a “life insurance company”, as defined by the Internal Revenue Code. The results of operations of the Real Property Account form a part of Prudential Financial's consolidated federal tax return. Under current federal, state, and local law, no federal, state or local income taxes are payable by the Real Property Account. As such, no provision for the tax liability has been recorded in these financial statements.

Net_Contributions_Withdrawals_

Net Contributions (Withdrawals) By Contract Owners	3 Months Ended
	Mar. 31, 2014
Net Contributions Withdrawals By Contract Owners [Abstract]	'
Net Contributions Withdrawals By Contract Owners	'
	Note 5: Net Contributions (Withdrawals) by Contract Owners
	Net contributions (withdrawals) by contract owners for the Real Property Account by product for the three months ended March 31, 2014 and 2013 were as follows:
			Three Months Ended March 31,
			2014	2013
		PVAL/PVAL $100,000+ face value	($238,548)	($54,810)
		PDISCO+/VIP	-129,784	-74,927
		TOTAL	($368,332)	($129,737)

Partnership_Distributions

Partnership Distributions	3 Months Ended
	Mar. 31, 2014
Partnership Distributions [Abstract]	'
Partnership Distributions	'
	Note 6: Partnership Distributions
	For the period ended March 31, 2014, the Partnership distributed a total of $5.0 million, which occurred on March 26, 2014. The Real Property Account's share of this distribution was $1.8 million. During the year ended December 31, 2013, the Partnership distributed $10.0 million, which occurred on March 26, 2013 and December 30, 2013 for $5.0 million each. The Real Property Account's share of these distributions were $1.8 million each or a total of $3.6 million.

Unit_Information

Unit Information	3 Months Ended
	Mar. 31, 2014
Unit Information [Abstract]	'
Schedule of Outstanding Units and Unit Values	'
	Note 7: Unit Information
	All products referred to in Note 1 for outstanding units and unit values at March 31, 2014 and December 31, 2013 were as follows:
			31-Mar-14			31-Dec-13
		Units Outstanding:	27,748,488			28,364,407
		Unit Value:	$2.51	to	$2.88	$2.50	to	$2.87

Financial_Highlights

Financial Highlights	3 Months Ended
	Mar. 31, 2014
Financial Highlights [Abstract]	'
Financial Highlights	'
	Note 8: Financial Highlights
	The range of total return for the three months ended March 31, 2014 and 2013 were as follows:
			31-Mar-14			31-Mar-13
		Total Return	0.42%	to	0.56%	0.24%	to	0.38%

Fair_Value_Disclosure

Fair Value Disclosure	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosure [Abstract]	'
Fair Value Disclosure	'
	Note 9: Fair Value Disclosure
	Fair value represents the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The authoritative fair value guidance establishes a framework for measuring fair value that includes a hierarchy used to classify the inputs used in measuring fair value. The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement. The levels of the fair value hierarchy are as follows:
	Level 1 – Fair value is based on unadjusted quoted prices in active markets that are accessible to the Real Property Account for identical assets or liabilities. These generally provide the most reliable evidence and should be used to measure fair value whenever available. The Real Property Account had no Level 1 assets or liabilities.
	Level 2 – Fair value is based on inputs, other than Level 1 inputs, that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability through corroboration with observable market data. The Real Property Account had no Level 2 assets or liabilities.
	Level 3 – Fair value is based on significant unobservable inputs for the asset or liability. These inputs reflect the Real Property Account's own assumptions about the assumptions that market participants would use in pricing the asset or liability. The Real Property Account's Level 3 assets consist of the investment in the Partnership which is based on the Real Property Account's proportionate interest of the Partnership's fair value, which approximates the Partnership's net asset value. Properties owned by the Partnership are illiquid and fair value is based on estimates from property appraisal reports prepared by independent real estate appraisers as discussed in the notes to the Partnership's unaudited consolidated financial statements. All of the Real Property Account's assets were classified as Level 3.
	The purpose of an appraisal is to estimate the fair value of real estate as of a specific date. The estimate of fair value of real estate is based on the conventional approaches to value, all of which require the exercise of subjective judgment. The three approaches used are: (1) current cost of reproducing the real estate less deterioration and functional and economic obsolescence; (2) discounting a series of income streams and reversion at a specific yield or by directly capitalizing a single year income estimate by an appropriate factor; and (3) value indicated by recent sales of comparable real estate in the market. In the reconciliation of these three approaches, the independent appraiser uses one or a combination of them, to come up with the approximated value for the type of real estate in the market.
	In general, the input values in the appraisal process are unobservable, therefore unless indicated otherwise, the underlying investments in the Partnership are classified as Level 3 under the fair value hierarchy.
	Level 3 Assets by Hierarchy
	The table below summarizes the assets measured at fair value on a recurring basis and their respective level in the fair value hierarchy.
		($ in 000’s)
		Fair value measurements at March 31, 2014
	Assets:	Amounts measured at fair value 3/31/2014	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$76,060	$ -	$ -	$76,060
		($ in 000’s)
		Fair value measurements at December 31, 2013
	Assets:	Amounts measured at fair value 12/31/2013	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$77,305	$ -	$ -	$77,305
	The table below provides a reconciliation of the beginning and ending balances for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2014 and 2013.
			($ in 000’s)
			Three Months Ended March 31, 2014
	Beginning balance @ 1/1/2014		$77,305
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		-207
	Net investment income from Partnership operations		757
	Acquisition/additions		-
	Equity income		-
	Contributions		-
	Disposition/settlements		-
	Equity losses		-
	Distributions		-1,795
	Ending balance @ 3/31/2014		$76,060
	The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains (losses) relating to the assets still held at the reporting date		($207)
			($ in 000’s)
			Three Months Ended March 31, 2013
	Beginning balance @ 1/1/2013		$73,974
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		-573
	Net investment income from Partnership operations		969
	Acquisition/additions		-
	Equity income		-
	Contributions		-
	Disposition/settlements		-
	Equity losses		-
	Distributions		-1,793
	Ending balance @ 3/31/2013		$72,577
	The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains (losses) relating to the assets still held at the reporting date		($727)

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies And Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2014
Summary Of Significant Accounting Policies And Pronouncements [Abstract]	'
Basis Of Accounting	'
	A.  Basis of Accounting
	The Unaudited Interim Financial Statements as of March 31, 2014 and the statement of net assets as of December 31, 2013, which has been derived from Audited Financial Statements, have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) on a basis consistent with reporting interim financial information in accordance with instructions to Form 10-Q and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”).
	In the opinion of management, all adjustments necessary for a fair statement of the financial position and results of operations have been made. All such adjustments are of a normal, recurring nature. Interim results are not necessarily indicative of the results that may be expected for the full year. These financial statements should be read in conjunction with the Account's Audited Financial Statements included in the Account's Annual Report on Form 10-K for the year ended December 31, 2013.
	The Real Property Account has transactions and relationships with Prudential and other affiliates. Due to these relationships, it is possible that the terms of these transactions are not the same as those that would result from transactions among unrelated parties.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The most significant estimates include valuation of investments in the Partnership.
Investment In Partnership Interest	'
	B.  Investment in Partnership Interest
	The investment in the Partnership is based on the Real Property Account's proportionate interest of the Partnership's fair value. At March 31, 2014 and December 31, 2013, the Real Property Account's interest in the General Partners Controlling Interest was 41.9% or 1,999,111 shares and 41.7% or 2,046,322 shares, respectively. Properties owned by the Partnership are illiquid and their value is based on estimated fair value as discussed in the notes to the unaudited consolidated financial statements of the Partnership.
Income Recognition	'
	C.  Income Recognition
	Net investment income, recognized and unrealized gains and losses are allocated based upon the monthly average net assets for the investment in the Partnership. Amounts are based on the Real Property Account's proportionate interest in the Partnership.
Equity of Prudential Insurance Company of America	'
	D.  Equity of The Prudential Insurance Company of America
	Prudential maintains a position in the Real Property Account for liquidity purposes, including unit purchases and redemptions, Partnership share transactions, and expense processing. The position does not affect contract owners' accounts or the related unit values.
	For the period ended March 31, 2014 and the year ended December 31, 2013, there were no cash transactions at the Real Property Account level as all of the transactions are settled by Prudential on behalf of the Real Property Account through a redemption or an issuance of units. Therefore, no statement of cash flows is presented.

Net_Contributions_Withdrawals_1

Net Contributions Withdrawals By Contract Owners (Tables)	3 Months Ended
	Mar. 31, 2014
Net Contributions Withdrawals By Contract Owners [Abstract]	'
Schedule of Net Contributions Withdrawals by Contract Owners	'
	Note 5: Net Contributions (Withdrawals) by Contract Owners
	Net contributions (withdrawals) by contract owners for the Real Property Account by product for the three months ended March 31, 2014 and 2013 were as follows:
			Three Months Ended March 31,
			2014	2013
		PVAL/PVAL $100,000+ face value	($238,548)	($54,810)
		PDISCO+/VIP	-129,784	-74,927
		TOTAL	($368,332)	($129,737)

Unit_Information_Tables

Unit Information (Tables)	3 Months Ended
	Mar. 31, 2014
Unit Information [Abstract]	'
Schedule Of Units Of Partnership Interest [Table Text Block]	'
	Note 7: Unit Information
	All products referred to in Note 1 for outstanding units and unit values at March 31, 2014 and December 31, 2013 were as follows:
			31-Mar-14			31-Dec-13
		Units Outstanding:	27,748,488			28,364,407
		Unit Value:	$2.51	to	$2.88	$2.50	to	$2.87

Financial_Highlights_Tables

Financial Highlights (Tables)	3 Months Ended
	Mar. 31, 2014
Financial Highlights [Abstract]	'
Schedule of Financial Highlights	'
	Note 8: Financial Highlights
	The range of total return for the three months ended March 31, 2014 and 2013 were as follows:
			31-Mar-14			31-Mar-13
		Total Return	0.42%	to	0.56%	0.24%	to	0.38%

Fair_Value_Disclosures_Tables

Fair Value Disclosures (Tables	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosure [Abstract]	'
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	'
	In general, the input values in the appraisal process are unobservable, therefore unless indicated otherwise, the underlying investments in the Partnership are classified as Level 3 under the fair value hierarchy.
	Level 3 Assets by Hierarchy
	The table below summarizes the assets measured at fair value on a recurring basis and their respective level in the fair value hierarchy.
		($ in 000’s)
		Fair value measurements at March 31, 2014
	Assets:	Amounts measured at fair value 3/31/2014	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$76,060	$ -	$ -	$76,060
		($ in 000’s)
		Fair value measurements at December 31, 2013
	Assets:	Amounts measured at fair value 12/31/2013	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$77,305	$ -	$ -	$77,305
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	'
	The table below provides a reconciliation of the beginning and ending balances for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2014 and 2013.
			($ in 000’s)
			Three Months Ended March 31, 2014
	Beginning balance @ 1/1/2014		$77,305
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		-207
	Net investment income from Partnership operations		757
	Acquisition/additions		-
	Equity income		-
	Contributions		-
	Disposition/settlements		-
	Equity losses		-
	Distributions		-1,795
	Ending balance @ 3/31/2014		$76,060
	The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains (losses) relating to the assets still held at the reporting date		($207)
			($ in 000’s)
			Three Months Ended March 31, 2013
	Beginning balance @ 1/1/2013		$73,974
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		-573
	Net investment income from Partnership operations		969
	Acquisition/additions		-
	Equity income		-
	Contributions		-
	Disposition/settlements		-
	Equity losses		-
	Distributions		-1,793
	Ending balance @ 3/31/2013		$72,577
	The amount of total gains or losses for the period included in earnings (or changes in net assets) attributable to the change in unrealized gains (losses) relating to the assets still held at the reporting date		($727)

General_Details

General (Details)	Mar. 31, 2014
General [Abstract]	'
Minimum percent of partnership assets invested in direct ownership interests	65.00%

Recovered_Sheet1

Summary of Significant Accounting Policies and Pronouncements (Details)	Mar. 31, 2014	Dec. 31, 2013
Summary Of Significant Accounting Policies And Pronouncements [Abstract]	'	'
Percent of interest in the General Partners Controlling Interest	41.90%	41.70%

Charges_and_Expense_Details

Charges and Expense (Details) (USD $)	3 Months Ended
	Mar. 31, 2014
Discovery Plus [Member]	'
Effective annual rate used to determine daily the mortality risk and expense risk charges	1.20%
Effective annual rate used to determine daily the administrative charges	0.20%
Annual maintenance charge	$30
Minimum contract fund balance required to waive annual maintenance charge	10,000
Prudential Variable Appreciable Life [Member]	'
Effective annual rate used to determine daily the mortality risk and expense risk charges	0.90%
Maximum percent of deferred sales charges	50.00%
Partial withdrawal charge, amount	15
Partial withdrawal charge, percent	2.00%
PVAL $100,000+ Face Value	'
Effective annual rate used to determine daily the mortality risk and expense risk charges	0.60%
Maximum percent of deferred sales charges	50.00%
Partial withdrawal charge, amount	15
Partial withdrawal charge, percent	2.00%
Variable Investment Plan [Member]	'
Effective annual rate used to determine daily the mortality risk and expense risk charges	1.20%
Annual maintenance charge	30
Minimum contract fund balance required to waive annual maintenance charge	$10,000

Net_Contributions_Withdrawals_2

Net Contributions Withdrawals by Contract Owners (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Aggregate Variable Appreciable Life [Member]	'	'
Net Contributions Withdrawals By Contract Owners	($238,548)	($54,810)
Discovery Plus And Variable Investment Plan [Member]	'	'
Net Contributions Withdrawals By Contract Owners	($129,784)	($74,927)

Partnership_Distributions_Deta

Partnership Distributions (Details) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Partnership Distributions [Abstract]	'	'
Partnership distribution made	$5	$10
The Account's share of Partnership distribution	$1.80	$3.60

Unit_Information_Details

Unit Information (Details)	Mar. 31, 2014	Dec. 31, 2013
Unit Information [Abstract]	'	'
Unit value, lower range	2.51065	2.50018
Unit value, higher range	2.8847	2.86852
Units Outstanding	27,748,488	28,364,407

Financial_Highlights_Details

Financial Highlights (Details)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Financial Highlights [Abstract]	'	'
Minimum rate of return	0.42%	0.24%
Maximum rate of return	0.56%	0.38%

Fair_Value_Disclosures_Details

Fair Value Disclosures (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'	'
Investment in The Prudential Variable Contract Real Property Partnership	$76,060,470	'	$77,305,072
Net Investment Income from Partnership operations	($757,290)	($968,735)	'