Impairment of Real Estate, Impairment of Unconsolidated Entities and Write-Off of Abandoned Development Projects (Tables)

6 Months Ended

Jul. 31, 2012

Impairment of Real Estate Impairment of Unconsolidated Entities and Write Off of Abandoned Development Projects [Abstract]

Impairment of real estate included in continuing operations

The following table summarizes the Company's impairment of real estate included in continuing operations.

		Three Months Ended July 31,				Six Months Ended July 31,
		2012		2011		2012		2011
		(in thousands)
White Oak Village (Specialty Retail Center)	Richmond, Virginia	$	1,566	$	—	$	1,566	$	—
Investment in triple net lease retail property	Portage, Michigan	882		—		2,263		3,435
Other		460		235		460		1,635
		$	2,908	$	235	$	4,289	$	5,070

Unobservable inputs used to determine the fair value of the non-recurring impairment of real estate

The following table presents quantitative information about the significant unobservable inputs used to determine the fair value of the non-recurring impairment of real estate (including discontinued operations) for the six months ended July 31, 2012:

	Quantitative Information about Level 3 Fair Value  Measurements
	Fair Value July 31, 2012		Valuation Technique	Unobservable Input	Range of Input Values
	(in thousands)
Impairment of real estate	$	80,929	Indicative Bids	Indicative Bids	N/A (1)

(1) These fair value measurements were derived from three bona fide purchase offers from third party prospective buyers, subject to the Company’s corroboration for reasonableness.