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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