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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2012
Segment Information [Abstract]  
Reconciliation of net income (loss) attributable to common stockholders for office properties and total consolidated entities
 
 
At or for the year ended December 31, 2012
 
 
 
Office
 
 
Unallocated
 
 
 
 
 
Properties
 
 
and Other
 
 
Consolidated
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
Income from office and parking properties (a)
 
$
206,739
 
 
$
-
 
 
$
206,739
 
Management company income
 
 
-
 
 
 
19,778
 
 
 
19,778
 
Property operating expenses (b)
 
 
(80,748
)
 
 
-
 
 
 
(80,748
)
Depreciation and amortization
 
 
(81,537
)
 
 
-
 
 
 
(81,537
)
Management company expenses
 
 
-
 
 
 
(17,237
)
 
 
(17,237
)
Income tax expense
 
 
-
 
 
 
(261
)
 
 
(261
)
General and administrative expenses
 
 
-
 
 
 
(16,420
)
 
 
(16,420
)
Acquisition costs
 
 
(2,791
)
 
 
-
 
 
 
(2,791
)
Interest and other income
 
 
-
 
 
 
272
 
 
 
272
 
Interest expense (c)
 
 
(31,394
)
 
 
(3,940
)
 
 
(35,334
)
Adjustment for noncontrolling interest-unit holders
 
 
-
 
 
 
269
 
 
 
269
 
Adjustment for noncontrolling interest-real estate partnerships
 
 
3,317
 
 
 
-
 
 
 
3,317
 
Income from discontinued operations
 
 
2,454
 
 
 
-
 
 
 
2,454
 
Impairment loss on real estate
 
 
(9,200
)
 
 
-
 
 
 
(9,200
)
Impairment loss on management contracts and goodwill
 
 
-
 
 
 
(41,967
)
 
 
(41,967
)
Gain on sale of real estate from discontinued operations
 
 
12,939
 
 
 
-
 
 
 
12,939
 
Gain on sale of real estate and other assets
 
 
48
 
 
 
500
 
 
 
548
 
Change in fair value of contingent consideration
 
 
-
 
 
 
(216
)
 
 
(216
)
Dividends on preferred stock
 
 
-
 
 
 
(10,843
)
 
 
(10,843
)
Dividends on convertible preferred stock
 
 
-
 
 
 
(1,011
)
 
 
(1,011
)
Net income (loss) attributable to common stockholders
 
$
19,827
 
 
$
(71,076
)
 
$
(51,249
)
 
Total assets
 
$
1,832,493
 
 
$
74,118
 
 
$
1,906,611
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office and parking properties
 
$
1,562,717
 
 
$
-
 
 
$
1,562,717
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capital expenditures (d)
 
$
37,506
 
 
$
-
 
 
$
37,506
 
 
 
 
(a)    Included in income from office and parking properties are rental revenues, customer reimbursements, parking income and other income.
 
(b)    Included in property operating expenses are real estate taxes, insurance, contract services, repairs and maintenance and property operating expenses.
 
(c)    Interest expense for office properties represents interest expense on property secured mortgage debt.  It does not include interest expense on the Company's unsecured credit facility, which is included in "Unallocated and Other".
 
(d)    Capital expenditures include building improvements, tenant improvements and leasing costs.
 
 
 
At or for the year ended December 31, 2011
 
 
 
Office
 
 
Unallocated
 
 
 
 
 
Properties
 
 
and Other
 
 
Consolidated
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
Income from office and parking properties (a)
 
$
147,290
 
 
$
-
 
 
$
147,290
 
Management company income
 
 
-
 
 
 
16,896
 
 
 
16,896
 
Property operating expenses (b)
 
 
(60,733
)
 
 
-
 
 
 
(60,733
)
Depreciation and amortization
 
 
(56,522
)
 
 
-
 
 
 
(56,522
)
Management company expenses
 
 
-
 
 
 
(13,337
)
 
 
(13,337
)
Income tax expense
 
 
-
 
 
 
(56
)
 
 
(56
)
General and administrative expenses
 
 
-
 
 
 
(18,805
)
 
 
(18,805
)
Acquisition costs
 
 
(1,225
)
 
 
(15,994
)
 
 
(17,219
)
Interest and other income
 
 
-
 
 
 
938
 
 
 
938
 
Equity in earnings of unconsolidated joint ventures
 
 
57
 
 
 
-
 
 
 
57
 
Interest expense (c)
 
 
(24,888
)
 
 
(6,724
)
 
 
(31,612
)
Adjustment for noncontrolling interest – unit holders
 
 
-
 
 
 
(5
)
 
 
(5
)
Adjustment for noncontrolling interest – real estate partnerships
 
 
85,105
 
 
 
-
 
 
 
85,105
 
Loss from discontinued operation
 
 
(194,813
)
 
 
-
 
 
 
(194,813
)
Impairment loss on real estate
 
 
(6,420
)
 
 
-
 
 
 
(6,420
)
Impairment loss on mortgage loan receivable
 
 
-
 
 
 
(9,235
)
 
 
(9,235
)
Gain on sale of real estate from discontinued operations
 
 
17,825
 
 
 
-
 
 
 
17,825
 
Gain on sale of real estate
 
 
743
 
 
 
-
 
 
 
743
 
Change in fair value of contingent consideration
 
 
-
 
 
 
13,000
 
 
 
13,000
 
Dividends on preferred stock
 
 
-
 
 
 
(10,052
)
 
 
(10,052
)
Net loss attributable to common stockholders
 
$
(93,581
)
 
$
(43,374
)
 
$
(136,955
)
 
Total assets
 
$
1,532,803
 
 
$
103,508
 
 
$
1,636,311
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office and parking properties
 
$
921,937
 
 
$
-
 
 
$
921,937
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Assets held for sale
 
$
382,789
 
 
$
-
 
 
$
382,789
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capital expenditures (d)
 
$
58,758
 
 
$
-
 
 
$
58,758
 

 
(a)  Included in income from office and parking properties are rental revenues, customer reimbursements, parking income and other income.
 
(b)  Included in property operating expenses are real estate taxes, insurance, contract services, repairs and maintenance and property operating expenses.
 
(c)  Interest expense for office properties represents interest expense on property secured mortgage debt.  It does not include interest expense on the Company's unsecured credit facility, which is included in "Unallocated and Other".
 
(d)  Capital expenditures include building improvements, tenant improvements and leasing costs.
 
 
 
At or for the year ended December 31, 2010
 
 
 
Office
 
 
Unallocated
 
 
 
 
 
Properties
 
 
and Other
 
 
Consolidated
 
 
 
(in thousands)
 
 
 
 
 
 
 
 
Income from office and parking properties (a)
 
$
93,548
 
 
$
-
 
 
$
93,548
 
Management company income
 
 
-
 
 
 
1,652
 
 
 
1,652
 
Property operating expenses (b)
 
 
(40,408
)
 
 
-
 
 
 
(40,408
)
Depreciation and amortization
 
 
(28,496
)
 
 
-
 
 
 
(28,496
)
Management company expenses
 
 
-
 
 
 
(2,756
)
 
 
(2,756
)
Income tax expense
 
 
-
 
 
 
(2
)
 
 
(2
)
General and administrative expenses
 
 
-
 
 
 
(15,318
)
 
 
(15,318
)
Acquisition costs
 
 
(846
)
 
 
-
 
 
 
(846
)
Interest and other income
 
 
-
 
 
 
1,487
 
 
 
1,487
 
Equity in earnings of unconsolidated joint ventures
 
 
326
 
 
 
-
 
 
 
326
 
Interest expense (c)
 
 
(14,255
)
 
 
(6,016
)
 
 
(20,271
)
Adjustment for noncontrolling interest – real estate partnerships
 
 
10,789
 
 
 
-
 
 
 
10,789
 
Loss from discontinued operations
 
 
(10,881
)
 
 
-
 
 
 
(10,881
)
Gain on sale of real estate from discontinued operations
 
 
8,518
 
 
 
-
 
 
 
8,518
 
Gain on sale of real estate
 
 
40
 
 
 
-
 
 
 
40
 
Dividends on preferred stock
 
 
-
 
 
 
(6,325
)
 
 
(6,325
)
Net income (loss) attributable to common stockholders
 
$
18,335
 
 
$
(27,278
)
 
$
(8,943
)
 
Total assets
 
$
1,590,545
 
 
$
13,137
 
 
$
1,603,682
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Office and parking properties
 
$
1,389,767
 
 
$
-
 
 
$
1,389,767
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capital expenditures (d)
 
$
49,760
 
 
$
-
 
 
$
49,760
 

 
(a)  Included in income from office and parking properties are rental revenues, customer reimbursements, parking income and other income.
 
(b)  Included in property operating expenses are real estate taxes, insurance, contract services, repairs and maintenance and property operating expenses.
 
(c)  Interest expense for office properties represents interest expense on property secured mortgage debt.  It does not include interest expense on the Company's unsecured credit facility, which is included in "Unallocated and Other".
 
(d)  Capital expenditures include building improvements, tenant improvements and leasing costs.