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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Finite-Lived Intangible Assets [Line Items]  
Balances of major classes of depreciable assets and their respective estimated useful lives
Balances of major classes of depreciable assets (in thousands) and their respective estimated useful lives are:

 
  
December 31
December 31
Asset Category
Estimated Useful Life
2012
2011
Land
Non-depreciable
$
159,039
$
116,598
Buildings and garages
40 years
1,369,493
801,619
Building improvements
7 to 40 years
65,328
53,909
Tenant improvements
Lesser of useful life or term of lease
168,706
111,934
 
  
$
1,762,566
$
1,084,060
Computation of diluted EPS
The computation of diluted EPS is as follows:

 
Year Ended December 31
 
 
2012
 
2011
 
2010
 
 
(in thousands, except per share data)
 
Numerator:
 
 
 
     Basic and diluted net loss
 
 
 
          attributable to common stockholders
 
$
(51,249
)
 
$
(136,955
)
 
$
(8,943
)
Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
     Basic and diluted weighted average shares
 
 
31,542
 
 
 
21,497
 
 
 
21,421
 
Diluted net loss per share attributable to
 
 
 
 
 
 
 
 
 
 
 
 
          common stockholders
 
$
(1.62
)
 
$
(6.37
)
 
$
(0.42
)
Above and Below Market Leases [Member]
 
Finite-Lived Intangible Assets [Line Items]  
Projected amortization expense for leases
As of December 31, 2012, amortization of above and below market leases is projected as a net decrease to rental income as follows for the next five years (in thousands):

 
 
Amount
 
2013
 
$
(2,986
)
2014
 
 
(1,057
)
2015
 
 
(439
)
2016
 
 
(409
)
2017
 
 
(674
)
In Place Leases [Member]
 
Finite-Lived Intangible Assets [Line Items]  
Projected amortization expense for leases
As of December 31, 2012, amortization expense for the value of in-place leases is projected as follows for the next five years (in thousands):

 
 
Amount
 
2013
 
$
20,898
 
2014
 
 
16,201
 
2015
 
 
13,656
 
2016
 
 
11,530
 
2017
 
 
7,850