Prudential Variable Contract Real Property Account 10-K 13 Mar 15 2014 Q4 Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14
Document Fiscal Period Focus	Q4
Document Fiscal Year Focus	2014
Entity Registrant Name	PRUDENTIAL VARIABLE CONTRACT REAL PROPERTY ACCOUNT
Entity Central Index Key	846581
Current Fiscal Year End Date	-19
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	0
Entity Well-known Seasoned Issuer	No
Entity Public Float	$0
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No

Statements_Of_Net_Assets

Statements Of Net Assets (USD $)	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Investment in The Prudential Variable Contract Real Property Partnership	$79,093,169	$77,305,072
Net Assets	79,093,169	77,305,072
NET ASSETS, representing:
Equity of contract owners	65,089,739	62,658,750
Equity of The Prudential Insurance Company of America	14,003,430	14,646,322
Net Assets	$79,093,169	$77,305,072
Units outstanding	27,271,568	28,364,407
Portfolio shares held	1,954,048	2,046,322
Portfolio net asset value per share	$40.48	$37.78

Statements_Of_Operations

Statements Of Operations (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
INVESTMENT INCOME
Net investment income from Partnership operations	$2,859,310	$3,788,460	$3,476,240
EXPENSES
Charges to contract owners for assuming mortality risk and expense risk and for administration	493,770	466,434	446,981
NET INVESTMENT INCOME	2,365,540	3,322,026	3,029,259
NET REALIZED AND UNREALIZED GAIN ON INVESTMENTS
Net change in unrealized gain (loss) on investments in Partnership	2,319,656	3,065,453	1,162,226
Net realized gain (loss) on sale of investments in Partnership	199,538	59,443	144,226
NET (LOSS) GAIN ON INVESTMENTS	2,519,194	3,124,896	1,306,452
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$4,884,734	$6,446,922	$4,335,711

Statements_Of_Changes_In_Net_A

Statements Of Changes In Net Assets (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
OPERATIONS
Net investment income	$2,365,540	$3,322,026	$3,029,259
Net change in unrealized gain (loss) on investments in Partnership	2,319,656	3,065,453	1,162,226
Net realized gain (loss) on sale of investments in Partnership	199,538	59,443	144,226
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	4,884,734	6,446,922	4,335,711
CAPITAL TRANSACTIONS
Net contributions (withdrawals) by contract owners	1,480,761	875,954	427,152
Net contributions (withdrawals) by The Prudential Insurance Company of America	1,615,876	2,240,215	975,113
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM CAPITAL TRANSACTIONS	-3,096,637	-3,116,169	-1,402,265
TOTAL INCREASE (DECREASE) IN NET ASSETS	1,788,097	3,330,753	2,933,446
NET ASSETS
Beginning of period	77,305,072	73,974,319	71,040,873
End of period	$79,093,169	$77,305,072	$73,974,319

General

General	12 Months Ended
	Dec. 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”, “PVAL $100,000+ Face Value”, and “Custom VAL”), 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 audited 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	12 Months Ended
	Dec. 31, 2014
Summary Of Significant Accounting Policies And Pronouncements [Abstract]
Summary Of Significant Accounting Policies And Pronouncements	Note 2: Summary of Significant Accounting Policies
	A.  Basis of Accounting
	The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Real Property Account has evaluated subsequent events through the date these financial statements were available to be issued.
	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 investment in the Partnership.
	Note 2: Summary of Significant Accounting Policies (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 December 31, 2014 and 2013, the Real Property Account's interest in the General Partners Controlling Interest was 42.0% or 1,954,048 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 audited 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 years ended December 31, 2014 and 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.

Taxes

Taxes	12 Months Ended
	Dec. 31, 2014
Taxes [Abstract]
Taxes	Note 3: 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	12 Months Ended
	Dec. 31, 2014
Net Contributions Withdrawals By Contract Owners [Abstract]
Net Contributions Withdrawals By Contract Owners	Note 4: Net Contributions (Withdrawals) by Contract Owners
	Net contributions (withdrawals) by contract owners for the Real Property Account by product for the years ended December 31, 2014, 2013 and 2012 were as follows:
	2014:00:00	VIP & PDISCO+		PVAL & PVAL $100,000+ face value		CVAL		TOTAL
	Contract owner net payments	$	28,400	$	2,723,767	$	-	$	2,752,167
	Policy loans		-		-1,024,541		-		-1,024,541
	Policy loan repayments and interest		-		1,121,325		-		1,121,325
	Surrenders, withdrawals, and death benefits		-329,352		-2,220,937		-		-2,550,289
	Net transfers from/(to) other subaccounts or fixed rate option		-41,699		-104,694		-		-146,393
	Administrative and other charges		-514		-1,632,516		-		-1,633,030
		$	-343,165	$	-1,137,596	$	-	$	-1,480,761
	2013:00:00	VIP & PDISCO+		PVAL & PVAL $100,000+ face value		CVAL		TOTAL
	Contract owner net payments	$	1,231	$	2,837,353	$	-	$	2,838,584
	Policy loans		-		-1,153,852		-		-1,153,852
	Policy loan repayments and interest		-		1,240,964		-		1,240,964
	Surrenders, withdrawals, and death benefits		-212,815		-2,076,985		-		-2,289,800
	Net transfers from/(to) other subaccounts or fixed rate option		23,009		199,338		-		222,347
	Administrative and other charges		-595		-1,733,602		-		-1,734,197
		$	-189,170	$	-686,784	$	-	$	-875,954
	2012:00:00	VIP & PDISCO+		PVAL & PVAL $100,000+ face value		CVAL		TOTAL
	Contract owner net payments	$	2,816	$	2,565,099	$	-	$	2,567,915
	Policy loans		-		-1,089,223		-		-1,089,223
	Policy loan repayments and interest		-		1,433,560		-		1,433,560
	Surrenders, withdrawals, and death benefits		-153,112		-2,333,863		-		-2,486,975
	Net transfers from/(to) other subaccounts or fixed rate option		118,354		894,420		-		1,012,774
	Administrative and other charges		-673		-1,864,530		-		-1,865,203
		$	-32,615	$	-394,537	$	-	$	-427,152

Partnership_Distributions

Partnership Distributions	12 Months Ended
	Dec. 31, 2014
Partnership Distributions [Abstract]
Partnership Distributions	Note 5: Partnership Distributions
	For the year ended December 31, 2014, the Partnership distributed a total of $10.0 million, which occurred on March 26, 2014 and September 26, 2014, for $5.0 million each. The Real Property Account's share of these distributions was $1.8 million each or a total of $3.6 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 was $1.8 million each or a total of $3.6 million. During the year ended December 31, 2012, the Partnership distributed $5.0 million, which occurred on March 28, 2012. The Real Property Account's share of this distribution was $1.8 million.
	For the years ended December 31, 2014, 2013, and 2012, there were no purchases of the Partnership by the Real Property Account.

Unit_Activity

Unit Activity	12 Months Ended
	Dec. 31, 2014
Unit Activity [Abstract]
Unit Activity [Text Block]	Note 6: Unit Activity
	All products referred to in Note 1 for outstanding units at December 31, 2014, 2013 and 2012 were as follows:
	2014
	Company		Contract Owner
				PDISCO+	VIP	PVAL	PVAL
							$100,000+
							face value
	Contributions:	542,788	Contributions:	8,976	13,550	912,028	802,497
	Redemptions:	-1,099,159	Redemptions:	-85,306	-70,552	-1,168,595	-949,066
	2013
	Company		Contract Owner
				PDISCO+	VIP	PVAL	PVAL
							$100,000+
							face value
	Contributions:	1,140,321	Contributions:	28,175	5,389	1,027,055	985,936
	Redemptions:	-1,966,887	Redemptions:	-67,183	-46,819	-1,175,498	-1,094,909
	2012
	Company		Contract Owner
				PDISCO+	VIP	PVAL	PVAL
							$100,000+
							face value
	Contributions:	1,159,431	Contributions:	25,754	29,892	1,133,165	1,250,557
	Redemptions:	-1,519,682	Redemptions:	-33,637	-35,915	-1,413,242	-1,139,973

Financial_Highlights

Financial Highlights	12 Months Ended
	Dec. 31, 2014
Financial Highlights [Abstract]
Financial Highlights	Note 7: Financial Highlights
	Prudential sells a number of variable annuity and variable life insurance products. These products have unique combinations of features and fees that are charged against the contract owner’s account balance. Differences in the fee structures result in a variety of unit values, expense ratios and total returns.
	The following table was developed by determining which products offered by Prudential have the lowest and highest total expense ratio and reflects contract owner units only. The table may not reflect the minimum and maximum contract charges offered by the Company as contract owners may not have selected all available and applicable products as discussed in Note 1.
		Units	Unit Value					Net Assets		Investment	Expense Ratio(2)			Total Return(3)
		(000’s)	Lowest- Highest					(000’s)		Income Ratio(1)	Lowest-Highest			Lowest-Highest
	December 31, 2014	22,313	$	2.6471	-	$	3.05509	$	65,090	3.68%	0.60%	-	1.20%	5.88%	-	6.50%
	December 31, 2013	22,850	$	2.50018	-	$	2.86852	$	62,659	5.04%	0.60%	-	1.20%	8.25%	-	8.90%
	December 31, 2012	23,187	$	2.30961	-	$	2.63416	$	58,481	4.84%	0.60%	-	1.20%	5.59%	-	6.21%
	December 31, 2011	23,371	$	2.18743	-	$	2.48007	$	55,565	4.79%	0.60%	-	1.20%	12.38%	-	13.05%
	December 31, 2010	23,654	$	1.94643	-	$	2.19385	$	49,828	4.79%	0.60%	-	1.20%	8.37%	-	9.02%
	Prudential also maintains a position in the Real Property Account, to provide for property acquisitions and capital expenditure funding needs. The table below reflects information for units and assets held by the Company. Charges for mortality risk and expense risk and administrative expenses are used by Prudential to purchase additional units in its account resulting in no impact to its net assets.
			Units (000's)			Net Assets (000's)
	December 31, 2014		4,959		$	14,003
	December 31, 2013		5,515		$	14,646
	December 31, 2012		6,341		$	15,493
	December 31, 2011		6,702		$	15,476
	December 31, 2010		8,655		$	17,719
	(1)       This amount represents the contract owner's proportionate share of the net investment income from the underlying Partnership divided by the contract owners' average net assets of the Real Property Account. This ratio excludes those expenses, such as mortality risk and expense risk and administrative expenses that result in direct reductions in the unit values.
	(2)       These amounts represent the annualized contract expenses of the Real Property Account, consisting primarily of mortality and expense charges, for each period indicated. These ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Partnership are excluded.
	(3)       These amounts represent the total return for the periods indicated, including changes in the value of the underlying Partnership, and reflect deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented.

Charges_And_Expenses

Charges And Expenses	12 Months Ended
	Dec. 31, 2014
Charges And Expenses [Abstract]
Charges And Expenses	Note 7: Financial Highlights: (continued)
	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 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.
	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.

Related_Parties

Related Parties	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 8: Related Party
	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.
	Prudential and its affiliates perform various services on behalf of the Partnership in which the Real Property Account invests and may receive fees for the services performed. These services include, among other things, shareholder communications, document preparation, postage, fund transfer agency and various other record keeping and customer service functions.

Fair_Value_Disclosure

Fair Value Disclosure	12 Months Ended
	Dec. 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 audited 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 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 approximate value for the type of real estate in the market.
	During the years ended December 31, 2014 and 2013, there were no transfers between Level 1, Level 2, and Level 3.
	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. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
	The table below summarizes the assets measured at fair value on a recurring basis and their respective level in the fair value hierarchy.
	Table 1:	($ in 000’s)
		Fair value measurements at December 31, 2014
	Assets:	Amounts measured at fair value December 31, 2014	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$79,093	$ -	$ -	$79,093
		($ in 000’s)
		Fair value measurements at December 31, 2013
	Assets:	Amounts measured at fair value December 31, 2013	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$77,305	$ -	$ -	$77,305
	Table 2 below provides a reconciliation of the beginning and ending balances for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2014 and 2013.
	Table 2:
			($ in 000’s)
			2014
	Beginning balance @ 1/1/14		$77,305
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		2,519
	Net investment income from Partnership operations		2,859
	Acquisitions, issuances, and contributions		-
	Dispositions, settlements, and distributions		-3,590
	Ending balance @ 12/31/14		$79,093
	Unrealized gains (losses) for the year relating to Level 3 assets still held at the reporting date		2,320
			($ in 000’s)
			2013
	Beginning balance @ 1/1/13		$73,974
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		3,125
	Net investment income from Partnership operations		3,788
	Acquisitions, issuances, and contributions		-
	Dispositions, settlements, and distributions		-3,582
	Ending balance @ 12/31/13		$77,305
	Unrealized gains (losses) for the year relating to Level 3 assets still held at the reporting date		$3,065

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies And Pronouncements (Policies)	12 Months Ended
	Dec. 31, 2014
Summary Of Significant Accounting Policies And Pronouncements [Abstract]
Basis Of Accounting	A.  Basis of Accounting
	The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The Real Property Account has evaluated subsequent events through the date these financial statements were available to be issued.
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 investment 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 December 31, 2014 and 2013, the Real Property Account's interest in the General Partners Controlling Interest was 42.0% or 1,954,048 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 audited 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 years ended December 31, 2014 and 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)	12 Months Ended
	Dec. 31, 2014
Net Contributions Withdrawals By Contract Owners [Abstract]
Schedule of Net Contributions Withdrawals by Contract Owners	Note 4: Net Contributions (Withdrawals) by Contract Owners
	Net contributions (withdrawals) by contract owners for the Real Property Account by product for the years ended December 31, 2014, 2013 and 2012 were as follows:
	2014:00:00	VIP & PDISCO+		PVAL & PVAL $100,000+ face value		CVAL		TOTAL
	Contract owner net payments	$	28,400	$	2,723,767	$	-	$	2,752,167
	Policy loans		-		-1,024,541		-		-1,024,541
	Policy loan repayments and interest		-		1,121,325		-		1,121,325
	Surrenders, withdrawals, and death benefits		-329,352		-2,220,937		-		-2,550,289
	Net transfers from/(to) other subaccounts or fixed rate option		-41,699		-104,694		-		-146,393
	Administrative and other charges		-514		-1,632,516		-		-1,633,030
		$	-343,165	$	-1,137,596	$	-	$	-1,480,761
	2013:00:00	VIP & PDISCO+		PVAL & PVAL $100,000+ face value		CVAL		TOTAL
	Contract owner net payments	$	1,231	$	2,837,353	$	-	$	2,838,584
	Policy loans		-		-1,153,852		-		-1,153,852
	Policy loan repayments and interest		-		1,240,964		-		1,240,964
	Surrenders, withdrawals, and death benefits		-212,815		-2,076,985		-		-2,289,800
	Net transfers from/(to) other subaccounts or fixed rate option		23,009		199,338		-		222,347
	Administrative and other charges		-595		-1,733,602		-		-1,734,197
		$	-189,170	$	-686,784	$	-	$	-875,954
	2012:00:00	VIP & PDISCO+		PVAL & PVAL $100,000+ face value		CVAL		TOTAL
	Contract owner net payments	$	2,816	$	2,565,099	$	-	$	2,567,915
	Policy loans		-		-1,089,223		-		-1,089,223
	Policy loan repayments and interest		-		1,433,560		-		1,433,560
	Surrenders, withdrawals, and death benefits		-153,112		-2,333,863		-		-2,486,975
	Net transfers from/(to) other subaccounts or fixed rate option		118,354		894,420		-		1,012,774
	Administrative and other charges		-673		-1,864,530		-		-1,865,203
		$	-32,615	$	-394,537	$	-	$	-427,152

Unit_Activity_Tables

Unit Activity (Tables)	12 Months Ended
	Dec. 31, 2014
Unit Information [Abstract]
Schedule Of Units Of Partnership Interest [Table Text Block]	Note 6: Unit Activity
	All products referred to in Note 1 for outstanding units at December 31, 2014, 2013 and 2012 were as follows:
	2014
	Company		Contract Owner
				PDISCO+	VIP	PVAL	PVAL
							$100,000+
							face value
	Contributions:	542,788	Contributions:	8,976	13,550	912,028	802,497
	Redemptions:	-1,099,159	Redemptions:	-85,306	-70,552	-1,168,595	-949,066
	2013
	Company		Contract Owner
				PDISCO+	VIP	PVAL	PVAL
							$100,000+
							face value
	Contributions:	1,140,321	Contributions:	28,175	5,389	1,027,055	985,936
	Redemptions:	-1,966,887	Redemptions:	-67,183	-46,819	-1,175,498	-1,094,909
	2012
	Company		Contract Owner
				PDISCO+	VIP	PVAL	PVAL
							$100,000+
							face value
	Contributions:	1,159,431	Contributions:	25,754	29,892	1,133,165	1,250,557
	Redemptions:	-1,519,682	Redemptions:	-33,637	-35,915	-1,413,242	-1,139,973

Financial_Highlights_Tables

Financial Highlights (Tables)	12 Months Ended
	Dec. 31, 2014
Financial Highlights [Abstract]
Schedule of Financial Highlights	Note 7: Financial Highlights
	Prudential sells a number of variable annuity and variable life insurance products. These products have unique combinations of features and fees that are charged against the contract owner’s account balance. Differences in the fee structures result in a variety of unit values, expense ratios and total returns.
	The following table was developed by determining which products offered by Prudential have the lowest and highest total expense ratio and reflects contract owner units only. The table may not reflect the minimum and maximum contract charges offered by the Company as contract owners may not have selected all available and applicable products as discussed in Note 1.
		Units	Unit Value					Net Assets		Investment	Expense Ratio(2)			Total Return(3)
		(000’s)	Lowest- Highest					(000’s)		Income Ratio(1)	Lowest-Highest			Lowest-Highest
	December 31, 2014	22,313	$	2.6471	-	$	3.05509	$	65,090	3.68%	0.60%	-	1.20%	5.88%	-	6.50%
	December 31, 2013	22,850	$	2.50018	-	$	2.86852	$	62,659	5.04%	0.60%	-	1.20%	8.25%	-	8.90%
	December 31, 2012	23,187	$	2.30961	-	$	2.63416	$	58,481	4.84%	0.60%	-	1.20%	5.59%	-	6.21%
	December 31, 2011	23,371	$	2.18743	-	$	2.48007	$	55,565	4.79%	0.60%	-	1.20%	12.38%	-	13.05%
	December 31, 2010	23,654	$	1.94643	-	$	2.19385	$	49,828	4.79%	0.60%	-	1.20%	8.37%	-	9.02%
	Prudential also maintains a position in the Real Property Account, to provide for property acquisitions and capital expenditure funding needs. The table below reflects information for units and assets held by the Company. Charges for mortality risk and expense risk and administrative expenses are used by Prudential to purchase additional units in its account resulting in no impact to its net assets.
			Units (000's)			Net Assets (000's)
	December 31, 2014		4,959		$	14,003
	December 31, 2013		5,515		$	14,646
	December 31, 2012		6,341		$	15,493
	December 31, 2011		6,702		$	15,476
	December 31, 2010		8,655		$	17,719
	(1)       This amount represents the contract owner's proportionate share of the net investment income from the underlying Partnership divided by the contract owners' average net assets of the Real Property Account. This ratio excludes those expenses, such as mortality risk and expense risk and administrative expenses that result in direct reductions in the unit values.
	(2)       These amounts represent the annualized contract expenses of the Real Property Account, consisting primarily of mortality and expense charges, for each period indicated. These ratios include only those expenses that result in a direct reduction to unit values. Charges made directly to contract owner accounts through the redemption of units and expenses of the underlying Partnership are excluded.
	(3)       These amounts represent the total return for the periods indicated, including changes in the value of the underlying Partnership, and reflect deductions for all items included in the expense ratio. The total return does not include any expense assessed through the redemption of units; inclusion of these expenses in the calculation would result in a reduction in the total return presented.

Fair_Value_Disclosures_Tables

Fair Value Disclosures (Tables)	12 Months Ended
	Dec. 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. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
	The table below summarizes the assets measured at fair value on a recurring basis and their respective level in the fair value hierarchy.
	Table 1:	($ in 000’s)
		Fair value measurements at December 31, 2014
	Assets:	Amounts measured at fair value December 31, 2014	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$79,093	$ -	$ -	$79,093
		($ in 000’s)
		Fair value measurements at December 31, 2013
	Assets:	Amounts measured at fair value December 31, 2013	Level 1	Level 2	Level 3
	Investment in The Prudential Variable Contract Real Property Partnership	$77,305	$ -	$ -	$77,305
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Table 2 below provides a reconciliation of the beginning and ending balances for all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2014 and 2013.
	Table 2:
			($ in 000’s)
			2014
	Beginning balance @ 1/1/14		$77,305
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		2,519
	Net investment income from Partnership operations		2,859
	Acquisitions, issuances, and contributions		-
	Dispositions, settlements, and distributions		-3,590
	Ending balance @ 12/31/14		$79,093
	Unrealized gains (losses) for the year relating to Level 3 assets still held at the reporting date		2,320
			($ in 000’s)
			2013
	Beginning balance @ 1/1/13		$73,974
	Total gains or losses (recognized/unrealized) included in earnings (or changes in net assets) from Partnership operations		3,125
	Net investment income from Partnership operations		3,788
	Acquisitions, issuances, and contributions		-
	Dispositions, settlements, and distributions		-3,582
	Ending balance @ 12/31/13		$77,305
	Unrealized gains (losses) for the year relating to Level 3 assets still held at the reporting date		$3,065

General_Details

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

Summary_Of_Significant_Account2

Summary Of Significant Accounting Policies And Pronouncements (Details)	Dec. 31, 2014	Dec. 31, 2013
Summary Of Significant Accounting Policies And Pronouncements [Abstract]
Percent of interest in the General Partners Controlling Interest	42.00%	41.70%
Interest in the General Partners Controlling Interest (in shares)	1,954,048	2,046,322

Net_Withdrawals_by_Contract_Ow

Net Withdrawals by Contract Owners (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
VIP And Disco [Member]
Net Withdrawals By CO [Line Items]
Contract Owner Net Payments	$28,400	$1,231	$2,816
Policy Loans	0	0	0
Policy Loan Repayments And Interest	0	0	0
Surrenders Withdrawals And Death Benefits	-329,352	-212,815	-153,112
Net Transfers From To Other Subaccounts or Fixed Rate Option	-41,699	23,009	118,354
Administrative And Other Charges	-514	-595	-673
Net Withdrawals By CO	-343,165	-189,170	-32,615
PVAL And PVALPlus [Member]
Net Withdrawals By CO [Line Items]
Contract Owner Net Payments	2,723,767	2,837,353	2,565,099
Policy Loans	-1,024,541	-1,153,852	-1,089,223
Policy Loan Repayments And Interest	1,121,325	1,240,964	1,433,560
Surrenders Withdrawals And Death Benefits	-2,220,937	-2,076,985	-2,333,863
Net Transfers From To Other Subaccounts or Fixed Rate Option	-104,694	199,338	894,420
Administrative And Other Charges	-1,632,516	-1,733,602	-1,864,530
Net Withdrawals By CO	-1,137,596	-686,784	-394,537
CVAL [Member]
Net Withdrawals By CO [Line Items]
Contract Owner Net Payments	0	0	0
Policy Loans	0	0	0
Policy Loan Repayments And Interest	0	0	0
Surrenders Withdrawals And Death Benefits	0	0	0
Net Transfers From To Other Subaccounts or Fixed Rate Option	0	0	0
Administrative And Other Charges	0	0	0
Net Withdrawals By CO	$0	$0	$0

Partnership_Distributions_Deta

Partnership Distributions (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Partnership Distributions [Abstract]
Partnership distribution made	$10	$10	$5
The Account's share of Partnership distribution	$3.60	$3.60	$1.80

Unit_Activity_Details

Unit Activity (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Company [Member]
Unit Activity [Line Items]
Contributions	$542,788	$1,140,321	$1,159,431
Redemptions	-1,099,159	-1,966,887	-1,519,682
Contract Owner [Member] | PDISCO PLUS
Unit Activity [Line Items]
Contributions	8,976	28,175	25,754
Redemptions	-85,306	-67,183	-33,637
Contract Owner [Member] | VIP [Member]
Unit Activity [Line Items]
Contributions	13,550	5,389	29,892
Redemptions	-70,552	-46,819	-35,915
Contract Owner [Member] | PVAL [Member]
Unit Activity [Line Items]
Contributions	912,028	1,027,055	1,133,165
Redemptions	-1,168,595	-1,175,498	-1,413,242
Contract Owner [Member] | PVAL PLUS [Member]
Unit Activity [Line Items]
Contributions	802,497	985,936	1,250,557
Redemptions	($949,066)	($1,094,909)	($1,139,973)

Financial_Highlights_Details

Financial Highlights (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Financial Highlights [Line Items]
Units Outstanding	27,271,568	28,364,407
Assets, Net	79,093,169	77,305,072	73,974,319	71,040,873
Units [Member]
Financial Highlights [Line Items]
Units Outstanding	22,313,000	22,850,000	23,187,000	23,371,000	23,654,000
Unit Value Lowest [Member]
Financial Highlights [Line Items]
Units of Partnership Interest, Amount	2.6471	2.50018	2.30961	2.18743	1.94643
Unit Value Highest [Member]
Financial Highlights [Line Items]
Units of Partnership Interest, Amount	3.05509	2.86852	2.63416	2.48007	2.19385
Net Assets [Member]
Financial Highlights [Line Items]
Assets, Net	65,090,000	62,659,000	58,481,000	55,565,000	49,828,000
Investment Income Ratio [Member]
Financial Highlights [Line Items]
Investment Income Ratio	3.68%	5.04%	4.84%	4.79%	4.79%
Expense Ratio Lowest [Member]
Financial Highlights [Line Items]
Expense Ratio	0.60%	0.60%	0.60%	0.60%	0.60%
Expense Ratio Highest [Member]
Financial Highlights [Line Items]
Expense Ratio	1.20%	1.20%	1.20%	1.20%	1.20%
Total Return Lowest [Member]
Financial Highlights [Line Items]
TotalReturn	5.88%	8.25%	5.59%	12.38%	8.37%
Total Retun Highest [Member]
Financial Highlights [Line Items]
TotalReturn	6.50%	8.90%	6.21%	13.05%	9.02%

Financial_Highlights_Cont_Deta

Financial Highlights Cont (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Financial Highlight [Abstract]
Position In Real Property Accounts	4,959	5,515	6,341	6,702	8,655
Real Property Account Net Assets	$14,003	$14,646	$15,493	$15,476	$17,719

Charges_and_Expense_Details

Charges and Expense (Details) (USD $)	12 Months Ended
	Dec. 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
Prudential Variable Appreciable Life [Member]
Effective annual rate used to determine daily the mortality risk and expense risk charges	0.90%
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%
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

Fair_Value_Disclosures_Details

Fair Value Disclosures (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in The Prudential Variable Contract Real Property Partnership	$79,093,169	$77,305,072
Total gains or losses (realized/unrealized) included in earnings (or changes in net assets) from Partnership operations	-2,519,000	-3,125,000
Net Investment Income from Partnership operations	-2,859,310	-3,788,460	-3,476,240
Distributions	3,590,000	3,582,000
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 or losses relating to assets still held at the reporting date	$2,320,000	$3,065,000