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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
REVENUES        
Rental $ 37,980 $ 32,476 $ 109,866 $ 87,167
Tenant Reimbursements 9,167 7,313 25,566 19,929
Total Revenues 47,147 39,789 135,432 107,096
EXPENSES        
Operating and Maintenance 4,373 4,311 14,314 11,959
Property Taxes 6,752 4,624 17,538 13,359
Interest 8,566 9,329 26,033 24,724
General and Administrative 7,541 1,474 11,974 4,264
Property Management Fee to Related Party 396 511 1,168 1,096
Investment Management Fee to Related Party 5,159 5,607 17,270 15,100
Acquisition Expenses 1,099 1,044 2,508 12,537
Depreciation and Amortization 18,787 16,656 54,749 43,901
Transition Costs 6,216 0 8,152 0
Total Expenses 58,889 43,556 153,706 126,940
Other Income and Expenses        
Interest and Other Income 255 460 1,800 1,271
Net Settlement Payments on Interest Rate Swaps (171) (178) (495) (532)
Gain on Interest Rate Swaps 134 32 380 177
(Loss) Gain on Note Payable at Fair Value (26) 75 (85) 41
Loss on Early Extinguishment of Debt (1,191) 0 (1,191) 0
Loss on Swap Termination (495) 0 (495) 0
Total Other Income and (Expenses) (1,494) 389 (86) 957
LOSS FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES AND EQUITY IN INCOME OF UNCONSOLIDATED ENTITIES (13,236) (3,378) (18,360) (18,887)
Provision for Income Taxes (75) (85) (218) (385)
EQUITY IN INCOME OF UNCONSOLIDATED ENTITIES 927 609 2,556 4,160
NET LOSS FROM CONTINUING OPERATIONS (12,384) (2,854) (16,022) (15,112)
DISCONTINUED OPERATIONS        
(Loss) Income from Discontinued Operations 0 (18) 0 377
Realized (Loss) Gain from Sale 0 426 (415) 301
(LOSS) INCOME FROM DISCONTINUED OPERATIONS 0 408 (415) 678
NET LOSS (12,384) (2,446) (16,437) (14,434)
Net Loss Attributable to Non-Controlling Operating Partnership Units 5 4 7 20
NET LOSS ATTRIBUTABLE TO CHAMBERS STREET PROPERTIES SHAREHOLDERS $ (12,379) $ (2,442) $ (16,430) $ (14,414)
Basic and Diluted Net Loss Per Share from Continuing Operations Attributable to Chambers Street Properties Shareholders $ (0.05) $ (0.01) $ (0.06) $ (0.08)
Basic and Diluted Net Loss Per Share Attributable to Chambers Street Properties Shareholders $ (0.05) $ (0.01) $ (0.07) $ (0.08)
Basic and Diluted Net Loss Per Share from Discontinued Operations Attributable to Chambers Street Properties Shareholders $ 0 $ 0 $ 0 $ 0
Weighted Average Common Shares Outstanding-Basic and Diluted 249,173,577 199,398,630 247,718,798 183,098,748
Dividends Declared Per Share $ 0.15 $ 0.15 $ 0.45 $ 0.45