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Real Estate Joint Venture And Acquisitions (Tables)
3 Months Ended
Mar. 31, 2013
Real Estate Joint Venture And Acquisitions [Abstract]  
Schedule Deconsolidated Assets And Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of assets contributed

 

AmREIT

 

Goldman Sachs

 

Consolidated

and deconsolidated

 

(30%)

 

(70%)

 

Total

Real estate investments at cost

 

$

15,162 

 

$

35,379 

 

$

50,541 

Less accumulated depreciation and amortization

 

 

(2,689)

 

 

(6,275)

 

 

(8,964)

Net real estate investments

 

 

12,473 

 

 

29,104 

 

 

41,577 

Acquired lease intangibles, net

 

 

377 

 

 

880 

 

 

1,257 

Tenant and accounts receivable, net

 

 

64 

 

 

150 

 

 

214 

Loan costs and other assets

 

 

150 

 

 

347 

 

 

497 

 

 

 

 

 

 

 

 

 

 

Notes payable

 

 

(1,977)

 

 

(4,613)

 

 

(6,590)

Accounts payable and other liabilities

 

 

(302)

 

 

(704)

 

 

(1,006)

Net assets and liabilities contributed

 

$

10,785 

 

$

25,164 

 

$

35,949 

 

Pro Forma Results Of Operations In Connection With Acquisitions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pro forma adjustments

 

 

 

 

 

Historical

 

for Preston & Royal

 

Pro forma

Three months ended March 31, 2012

 

results

 

Shopping Center

 

results

 

 

 

 

 

 

 

 

 

 

Total revenues

 

$

10,060 

 

$

1,655 

 

$

11,715 

Net income available to

 

 

 

 

 

 

 

 

 

stockholders

 

$

1,257 

 

$

(654)

 

$

603