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FAIR VALUE DISCLOSURES (Assets and Liabilities Measured on a Recurring and Nonrecurring Basis) (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Recurring
Total
Jun. 30, 2012
Recurring
Level 1
Jun. 30, 2012
Recurring
Level 2
Jun. 30, 2012
Recurring
Level 3
Dec. 31, 2011
Nonrecurring
Total
Dec. 31, 2011
Nonrecurring
Level 1
Dec. 31, 2011
Nonrecurring
Level 2
Dec. 31, 2011
Nonrecurring
Level 3
Jun. 30, 2012
Senior Notes
Recurring
Total
Jun. 30, 2012
Senior Notes
Recurring
Level 1
Jun. 30, 2012
Senior Notes
Recurring
Level 2
Jun. 30, 2012
Senior Notes
Recurring
Level 3
Jun. 30, 2012
Mortgage indebtedness
Recurring
Total
Jun. 30, 2012
Mortgage indebtedness
Recurring
Level 1
Jun. 30, 2012
Mortgage indebtedness
Recurring
Level 2
Jun. 30, 2012
Mortgage indebtedness
Recurring
Level 3
Jun. 30, 2012
Secured Revolving Credit Facility
Recurring
Total
Jun. 30, 2012
Secured Revolving Credit Facility
Recurring
Level 1
Jun. 30, 2012
Secured Revolving Credit Facility
Recurring
Level 2
Jun. 30, 2012
Secured Revolving Credit Facility
Recurring
Level 3
Assets and Liabilities Measured on Recurring and Nonrecurring Basis                                        
Loans Receivable, Fair Value Disclosure $ 21,000 $ 0 $ 0 $ 21,000                                
Investments in real estate         206,300 [1] 0 [1] 0 [1] 206,300 [1]                        
Debt Instrument, Fair Value Disclosure                 $ 241,875 $ 0 $ 241,875 $ 0 $ 173,548 $ 0 $ 0 $ 173,548 $ 42,500 $ 0 $ 0 $ 42,500
[1] Amount reflects acquisition date fair value of real estate acquired in 2011.