Discontinued Operations Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Property Dispositions [Table Text Block]

The following table summarizes the properties sold during the six months ended June 30, 2012.

Location

Property Type

Month of Disposition

Number of Buildings

Rentable Square Feet

Sales Price (in millions)

15004 Innovation Drive and 10243 Genetic Center Drive, San Diego, CA ⁽¹⁾

Office

January

253,676

146.1

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(1)	Properties were classified as held-for-sale on the consolidated balance sheets as of December 31, 2011.

Components comprising income from discontinued operations

The following table summarizes the components that comprise income from discontinued operations for the three and six months ended June 30, 2012 and 2011.



	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
	(in thousands)
Revenues:
Rental income	$	—	$	3,294	$	870	$	6,587
Tenant reimbursements	—		380		133		780
Other property income	—		—		—		659
Total revenues	—		3,674		1,003		8,026

Expenses:
Property expenses	—		227		27		407
Real estate taxes	—		286		70		565
Depreciation and amortization	—		870		6		1,740
Total expenses	—		1,383		103		2,712

Income from discontinued operations before net gain on dispositions of discontinued operations	—		2,291		900		5,314
Net gain on dispositions of discontinued operations	—		—		72,809		—
Total income from discontinued operations	$	—	$	2,291	$	73,709	$	5,314

Schedule of Income from Discontinued Operations by Segment [Table Text Block]

The following table summarizes the total income from discontinued operations within the consolidated statements of operations by segment for the three and six months ended June 30, 2012 and 2011:



	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011 ⁽¹⁾		2012		2011 ⁽¹⁾
	(in thousands)
Reportable Segment
Office Properties	$	—	$	1,574	$	73,709	$	3,883
Non-Reportable Segment
Industrial Properties	—		717		—		1,431
Total income from discontinued operations	$	—	$	2,291	$	73,709	$	5,314

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(1)	Includes two office and one industrial buildings encompassing 282,611 rentable square feet that were disposed of in 2011.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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