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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2012
Business Combinations [Abstract]  
Schedule of acquisition of additional phases of existing wholly-owned multi-tenant retail operating properties
During the nine months ended September 30, 2011, the Company acquired two additional phases of existing wholly-owned multi-tenant retail operating properties, in separate transactions, as follows:
Date
 
Square
Footage
 
Property Type
 
Property Name
 
Purchase Price (a)
 
July 1, 2011
 
76,100

 
Multi-tenant retail
 
Greenwich Center II
 
$
9,720

 
July 22, 2011
 
44,000

 
Multi-tenant retail
 
Gateway Station III
 
7,085

 
 
 
120,100

 
 
 
 
 
$
16,805

(b)
(a)
No debt was assumed in either acquisition, but both properties were subsequently added as collateral to the credit facility, which has since been amended and restated. See Note 11 for further discussion.
(b)
Amount represents the purchase price prior to customary prorations at closing. Separately, the Company recognized acquisition transaction costs of $48 related to these acquisitions.