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Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income (loss) $ 20,159 $ (3,816)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 3,271 3,869
Amortization of loan costs 37 69
Gain from sale of discontinued operations (22,329) 0
Loss on early extinguishment of debt 4 997
Change in accounts:    
Receivables and deposits 171 25
Other assets (64) (36)
Accounts payable 2 25
Tenant security deposit liabilities (98) (2)
Accrued property taxes 149 273
Other liabilities (342) 60
Due to affiliates (942) (1,118)
Net cash provided by operating activities 18 346
Cash flows from investing activities:    
Insurance proceeds received 0 1
Property improvements and replacements (744) (314)
Proceeds from sale of discontinued operations 29,432 0
Net cash provided by (used in) investing activities 28,688 (313)
Cash flows from financing activities:    
Payments on mortgage notes payable (368) (524)
Repayment of mortgage notes payable (15,349) (19,031)
Proceeds from mortgage notes payable 0 30,810
Loan costs paid 0 (342)
Prepayment penalties paid 0 (755)
Repayment of advances from affiliate (5,773) (9,997)
Advances from affiliate 0 651
Distributions to partners (7,281) 0
Net cash provided by (used in) financing activities (28,771) 812
Net increase (decrease) in cash and cash equivalents (65) 845
Cash and cash equivalents at beginning of period 453 231
Cash and cash equivalents at end of period 388 1,076
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,024 2,723
Supplemental disclosure of non-cash activity:    
Property improvements and replacements included in accounts payable $ 92 $ 30