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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Financial Assets:    
Cash and cash equivalents $ 1,027 $ 174
Carrying Amount [Member]
   
Financial Assets:    
Cash and cash equivalents 1,027 [1] 174 [1]
Mortgage loans receivable, net of discount 4,114 [1] 4,110 [1]
Financial Liabilities:    
Mortgage notes payable 613,797 [1] 628,170 [1]
Unsecured term loan payable 130,000 [1] 50,000 [1]
Notes payable to banks 46,451 [1] 154,516 [1]
Derivative Financial Instruments, Liabilities, Fair Value Disclosure 871 [1] 0 [1]
Fair Value [Member]
   
Financial Assets:    
Cash and cash equivalents 1,027 174
Mortgage loans receivable, net of discount 4,356 4,317
Financial Liabilities:    
Mortgage notes payable 670,753 674,462
Unsecured term loan payable 130,803 50,000
Notes payable to banks 46,409 153,521
Derivative Financial Instruments, Liabilities, Fair Value Disclosure $ 871 $ 0
[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.