XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Real estate    
Land $ 249,030us-gaap_LandAndLandImprovements $ 286,430us-gaap_LandAndLandImprovements
Building and improvements, net 1,360,923tier_InvestmentBuildingAndBuildingImprovementsNet 1,482,336tier_InvestmentBuildingAndBuildingImprovementsNet
Total real estate 1,609,953us-gaap_RealEstateInvestmentPropertyNet 1,768,766us-gaap_RealEstateInvestmentPropertyNet
Cash and cash equivalents 5,764us-gaap_CashAndCashEquivalentsAtCarryingValue 31,442us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 32,761us-gaap_RestrictedCashAndCashEquivalents 35,324us-gaap_RestrictedCashAndCashEquivalents
Accounts receivable, net 75,466us-gaap_AccountsReceivableNet 83,380us-gaap_AccountsReceivableNet
Prepaid expenses and other assets 7,222us-gaap_PrepaidExpenseAndOtherAssets 7,129us-gaap_PrepaidExpenseAndOtherAssets
Investments in unconsolidated entities 39,422us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures 39,885us-gaap_RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
Deferred financing fees, net 10,690us-gaap_DeferredFinanceCostsNet 10,783us-gaap_DeferredFinanceCostsNet
Lease intangibles, net 77,643us-gaap_FiniteLivedIntangibleAssetsNet 94,690us-gaap_FiniteLivedIntangibleAssetsNet
Other intangible assets, net 2,114us-gaap_IntangibleAssetsNetIncludingGoodwill 2,144us-gaap_IntangibleAssetsNetIncludingGoodwill
Assets associated with real estate held for sale 255,130us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation 137,640us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation
Total assets 2,116,165us-gaap_Assets 2,211,183us-gaap_Assets
Liabilities    
Notes payable 1,124,475us-gaap_LongTermDebt 1,194,085us-gaap_LongTermDebt
Accounts payable 1,118us-gaap_AccountsPayableCurrentAndNoncurrent 2,790us-gaap_AccountsPayableCurrentAndNoncurrent
Payables to related parties 2,257us-gaap_DueToRelatedPartiesCurrentAndNoncurrent 2,041us-gaap_DueToRelatedPartiesCurrentAndNoncurrent
Accrued liabilities 65,713us-gaap_AccruedLiabilitiesCurrentAndNoncurrent 77,375us-gaap_AccruedLiabilitiesCurrentAndNoncurrent
Acquired below-market leases, net 14,381us-gaap_OffMarketLeaseUnfavorable 16,984us-gaap_OffMarketLeaseUnfavorable
Other liabilities 25,797us-gaap_OtherLiabilities 21,405us-gaap_OtherLiabilities
Obligations associated with real estate held for sale 104,457us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation 108,343us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Total liabilities 1,338,198us-gaap_Liabilities 1,423,023us-gaap_Liabilities
Commitments and contingencies      
Series A Convertible Preferred Stock 4,626us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests 4,626us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
Equity    
Preferred stock, $.0001 par value per share; 17,490,000 shares authorized, none outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Convertible stock, $.0001 par value per share; 1,000 shares authorized, none outstanding 0tier_ConvertibleStockValue 0tier_ConvertibleStockValue
Common stock, $.0001 par value per share; 382,499,000 shares authorized, 299,406,078 and 299,264,100 shares issued and outstanding at March 31, 2015, and December 31, 2014, respectively 30us-gaap_CommonStockValue 30us-gaap_CommonStockValue
Additional paid-in capital 2,646,122us-gaap_AdditionalPaidInCapital 2,645,902us-gaap_AdditionalPaidInCapital
Cumulative distributions and net loss attributable to common stockholders (1,868,447)us-gaap_RetainedEarningsAccumulatedDeficit (1,862,555)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (5,336)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (788)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Stockholders' equity 772,369us-gaap_StockholdersEquity 782,589us-gaap_StockholdersEquity
Noncontrolling interests 972us-gaap_MinorityInterest 945us-gaap_MinorityInterest
Total equity 773,341us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 783,534us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and equity $ 2,116,165us-gaap_LiabilitiesAndStockholdersEquity $ 2,211,183us-gaap_LiabilitiesAndStockholdersEquity