Investments - Summary of Financial Statement Information of Bridge Multifamily Fund (Detail) - BRIDGE INVESTMENT GROUP HOLDINGS LLC [Member] - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2021 |
Jun. 30, 2020 |
Jun. 30, 2021 |
Jun. 30, 2020 |
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Investment income: | ||||
Total investment income | $ 79,857 | $ (16,289) | $ 101,038 | $ 6,227 |
Expenses: | ||||
Interest expense | 2,554 | 444 | 4,140 | 925 |
Total expenses | 66,469 | 30,853 | 109,889 | 72,719 |
Net realized gain (loss) on investments in real estate | (292) | 224 | (316) | (188) |
Changes in unrealized gain (loss) on investments in real estate | 592 | (72) | 6,413 | 995 |
Bridge Multifamily Fund III [Member] | ||||
Investment income: | ||||
Net earnings from investments in real estate | 6,851 | 686 | 13,562 | 7,020 |
Interest and other income | 8 | 28 | 12 | 115 |
Total investment income | 6,859 | 714 | 13,574 | 7,135 |
Expenses: | ||||
Management fees | 1,563 | 2,222 | 3,300 | 4,515 |
Partnership expense | 284 | 463 | 628 | 996 |
Interest expense | 6 | 18 | 25 | 57 |
Total expenses | 1,853 | 2,703 | 3,953 | 5,568 |
Net investment income (loss) | 5,006 | (1,989) | 9,621 | 1,567 |
Net realized gain (loss) on investments in real estate | 105,682 | 3,198 | 119,115 | 35,238 |
Changes in unrealized gain (loss) on investments in real estate | (45,923) | 29,397 | 21,742 | 20,829 |
Unrealized gain (loss) on interest rate swap | 1,319 | 1,228 | 2,929 | (3,556) |
Net gain (loss) on investments | 61,078 | 33,823 | 143,786 | 52,511 |
Net increase (decrease) in partners' capital resulting from operations | $ 66,084 | $ 31,834 | $ 153,407 | $ 54,078 |
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- Definition Investment income . No definition available.
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- Definition Investment Income . No definition available.
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- Definition Management fees. No definition available.
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- Definition The net gain (loss) resulting from sales and other disposals of real estate owned for investment purposes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of interest income and other income recognized during the period. Included in this element is interest derived from investments in debt securities, cash and cash equivalents, and other investments which reflect the time value of money or transactions in which the payments are for the use or forbearance of money and other income from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business). No definition available.
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- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of net income (loss) recognized from investments in real estate partnerships and variable interest entities. No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition Amount of selling, general, and administrative expenses, and other expenses, related to investments in real estate partnerships. No definition available.
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- Definition Changes in the ownership interest during the period of each class of partners. Partners include general, limited and preferred partners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of realized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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