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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Land $ 131,877 $ 147,460
Buildings 191,743 222,679
Tenant improvements 13,540 17,386
Real estate investments at cost, gross 337,160 387,525
Less accumulated depreciation and amortization (32,635) (39,820)
Real estate investments at cost, net 304,525 347,705
Acquired lease intangibles, net 13,331 15,976
Investments in Advised Funds 16,759 7,953
Net real estate investments 334,615 371,634
Cash and cash equivalents 4,913 2,992
Tenant and accounts receivable, net 5,246 5,566
Accounts receivable - related party, net 1,019 821
Notes receivable, net 2,773 2,731
Notes receivable - related party, net 7,074 6,748
Deferred costs, net 3,144 3,696
Other assets 1,460 3,206
TOTAL ASSETS 360,244 397,394
Liabilities:    
Notes payable 181,096 218,579
Accounts payable and other liabilities 5,441 9,593
Acquired below-market lease intangibles, net 2,563 3,507
TOTAL LIABILITIES 189,100 231,679
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued      
Capital in excess of par value 245,670 245,403
Accumulated distributions in excess of earnings (74,688) (79,850)
TOTAL STOCKHOLDERS' EQUITY 171,144 165,715
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 360,244 397,394
Class A Common Stock [Member]
   
Stockholders' equity:    
Common stock 117 117
Class B Common Stock [Member]
   
Stockholders' equity:    
Common stock $ 45 $ 45