XML 119 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
Impairment of Real Estate, Impairment of Unconsolidated Entities, Write-Off of Abandoned Development Projects and Gain (Loss) on Extinguishment of Debt (Tables)
12 Months Ended
Jan. 31, 2012
Impairment of Real Estate, Impairment of Unconsolidated Entities, Write-Off of Abandoned Development Projects and Gain (Loss) on Extinguishment of Debt [Abstract]  
Summary of Company's Impairment of real estate

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

 

                             
        Years Ended January 31,  
        2012     2011     2010  
        (in thousands)  
         

Land held for divestiture

 

Various    

  $ 115,654     $ -     $ -  

Investment in triple net lease retail property

 

Portage, Michigan    

    3,435       -       3,552  

Development property at Waterfront Station

 

Washington, D.C.    

    -       3,103       -  

Gladden Farms (Land Project)

 

Marana, Arizona    

    -       650       2,985  

Other

        235       1,010       2,370  
        $ 119,324     $ 4,763     $ 8,907  
Summary of Company's Impairment of real estate in discontinued operation
                             
        Years Ended January 31,  
        2012     2011     2010  
        (in thousands)  
         

250 Huron (Office Building)

 

Cleveland, Ohio    

  $ 10,257     $ 2,040     $ -  

Simi Valley Town Center (Regional Mall)

 

Simi Valley, California    

    -       76,962       -  

Investment in triple net lease retail property

 

Pueblo, Colorado    

    -       2,641       -  

Saddle Rock Village (Specialty Retail Center)

 

Aurora, Colorado    

    -       -       13,179  

Two Sterling Glen supported-living apartment communities

 

Great Neck, New York    

and Glen Cove, New York    

    -       -       9,775  

101 San Fernando (Apartment Community)

 

San Jose, California    

    -       -       4,440  
        $ 10,257     $ 81,643     $ 27,394  
Summary of Company's impairment of unconsolidated entities

The following table summarizes the Company’s impairment of unconsolidated entities.

 

                             
          Years Ended January 31,  
       

 

 

 
        2012     2011     2010  
       

 

 

 
        (in thousands)  

Equity method investments in land entities 

 

Various

  $     41,902     $ -     $ -  

Specialty Retail Centers:

                           

Village at Gulfstream Park

 

Hallandale Beach, Florida

    35,674       35,000       -  

Metreon

  San Francisco, California     -       4,595       -  

Commercial land and development rights

 

Cleveland, Ohio

    4,610       -       -  

Four Museum Park properties at Central Station

 

Chicago, Illinois

    -       18,311       -  

Office Buildings:

                           

818 Mission Street

  San Francisco, California     -       4,018       -  

Bulletin Building

  San Francisco, California     -       3,543       -  

Millender Center

 

Detroit, Michigan

    -       -       10,317  

Pittsburgh Peripheral (Commercial Group Land Project)

 

Pittsburgh, Pennsylvania

    -       -       7,217  

Uptown Apartments

 

Oakland, California

    -       -       6,781  

Classic Residence by Hyatt (Supported-Living Apartments)

 

Yonkers, New York

    -       -       3,152  

Other

        -       6,992       8,889  
       

 

 

 
        $ 82,186     $     72,459     $     36,356