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Investments in Joint Ventures (Details 1) (USD $)
In Thousands, unless otherwise specified
0 Months Ended 3 Months Ended 6 Months Ended
Mar. 15, 2013
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest (1)   $ 85 $ 0 $ 85 $ 0
Total expenses   12,979 14,995 24,563 26,331
Net income (loss) from operations   (3,719) [1] (7,433) [1] (7,629) [1] (11,698) [1]
Net gain (loss) on disposals 389,140 0 53 389,140 11,996
Net income (loss)   (4,894) (19,711) 390,283 (20,070)
Company's equity in net loss within continuing operations   (2,603) 29 (3,791) 57
Corporate Joint Venture [Member]
         
Revenues   18,541 914 37,799 1,829
Operating expenses   9,212 3 19,485 6
Interest (1)   5,692 [2] 520 [2] 12,622 1,051
Depreciation   4,668 270 9,567 541
Total expenses   19,572 793 41,674 1,598
Net income (loss) from operations   (1,031) 121 (3,875) 231
Net gain (loss) on disposals   (4,535) 0 (4,535) 0
Net income (loss)   (5,566) 121 (8,410) 231
Company's equity in net loss within continuing operations   (2,604) 29 (3,792) 57
Company's equity in net income within discontinued operations   $ 0 $ 0 $ 804 $ 0
[1] Net income (loss) from continuing operations represents loss before discontinued operations.
[2] The Bank of America Portfolio net loss includes interest expense of $2,849 and $7,092 for the three and six months ended June 30, 2013 from a defeased mortgage acquired as part of the Joint Venture’s acquisition. The pool of treasury securities pledged as collateral for the mortgage loan generate sufficient cash flows to cover the debt service requirements, but do not generate income to offset the interest expense. The defeased mortgage and corresponding pool of pledged treasury securities were sold in May 2013 for a loss of $4,535.