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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Financial Assets:    
Cash and cash equivalents $ 118 $ 174
Carrying Amount [Member]
   
Financial Assets:    
Cash and cash equivalents 118 [1] 174 [1]
Mortgage loans receivable, net of discount 4,112 [1] 4,110 [1]
Financial Liabilities:    
Mortgage notes payable 623,910 [1] 628,170 [1]
Unsecured term loan payable 50,000 [1] 50,000 [1]
Notes payable to banks 120,945 [1] 154,516 [1]
Fair Value [Member]
   
Financial Assets:    
Cash and cash equivalents 118 174
Mortgage loans receivable, net of discount 4,361 4,317
Financial Liabilities:    
Mortgage notes payable 674,694 674,462
Unsecured term loan payable 50,897 50,000
Notes payable to banks $ 120,686 $ 153,521
[1] Carrying amounts shown in the table are included in the Consolidated Balance Sheets under the indicated captions, except as explained in the notes below.