XML 49 R58.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segment Reporting Information [Line Items]                      
Income from office and parking properties                 $ 196,405 [1] $ 136,282 $ 82,100 [1]
Management company income                 19,778 16,896 1,652
Property operating expenses                 (76,360) [2] (56,041) [2] (35,661)
Depreciation and amortization                 (78,195) (53,129) (25,041)
Management company expenses                 (17,237) (13,337) (2,756)
Income tax expense (118) 7 11 (161) (6) 174 (224) 0 (261) (56) (2)
General and administrative expenses                 (16,420) (18,805) (15,318)
Acquisition costs                 (2,791) (17,219) (846)
Interest and other income 67 64 44 97 90 87 437 324 272 938 1,487
Equity in earnings of unconsolidated joint ventures         (8) (14) 44 35 0 57 326
Interest expense (9,033) (8,521) (8,536) (8,830) (8,364) (8,578) (7,369) (6,106) (34,920) [3] (30,417) (19,037) [3]
Adjustment for noncontrolling interest - unit holders                 269 (5) 0
Adjustment for noncontrolling interest - real estate partnerships                 3,317 85,105 10,789
Income (loss) from discontinued operations (2,790) 158 108 3,668 (55,842) (131,275) (3,646) (2,322) 1,144 (193,085) (8,869)
Impairment loss on real estate                 (5,700) (6,420) 0
Non-cash impairment loss on mortgage loan receivable                 0 (9,235) 0
Impairment loss on management contracts and goodwill                 (41,967) 0 0
Gain on sale of real estate from discontinued operations                 12,939 17,825 8,518
Gain on sale of real estate and other assets                 548 743 40
ERROR in label resolution.                 (216) 13,000 0
Dividends on preferred stock (2,711) (2,711) (3,721) (2,711) (2,711) (2,711) (2,443) (2,187) (10,843) (10,052) (6,325)
Dividends on convertible preferred stock                 (1,011)    
Net income (loss) attributable to common stockholders (51,713) (582) (948) 1,994 (59,762) (55,738) (14,673) (6,782) (51,249) (136,955) (8,943)
Total assets 1,906,611       1,636,311       1,906,611 1,636,311 1,603,682
Office and parking properties 1,562,717       921,937       1,562,717 921,937 1,389,767
Assets held for sale         382,789         382,789  
Capital expenditures                 37,506 [4] 58,758 [4] 49,760
Office Properties [Member]
                     
Segment Reporting Information [Line Items]                      
Income from office and parking properties                 196,405 [1] 136,282 82,100 [1]
Management company income                 0 0 0
Property operating expenses                 (76,360) [2] (56,041) [2] (35,661)
Depreciation and amortization                 (78,195) (53,129) (25,041)
Management company expenses                 0 0 0
Income tax expense                 0 0 0
General and administrative expenses                 0 0 0
Acquisition costs                 (2,791) (1,225) (846)
Interest and other income                 0 0 0
Equity in earnings of unconsolidated joint ventures                   57 326
Interest expense                 (30,980) [3] (23,693) (13,021) [3]
Adjustment for noncontrolling interest - unit holders                 0 0  
Adjustment for noncontrolling interest - real estate partnerships                 3,317 85,105 10,789
Income (loss) from discontinued operations                 1,144 (193,085) (8,869)
Impairment loss on real estate                 (5,700) (6,420)  
Non-cash impairment loss on mortgage loan receivable                   0  
Impairment loss on management contracts and goodwill                 0    
Gain on sale of real estate from discontinued operations                 12,939 17,825 8,518
Gain on sale of real estate and other assets                 48 743 40
ERROR in label resolution.                 0 0  
Dividends on preferred stock                 0 0 0
Dividends on convertible preferred stock                 0    
Net income (loss) attributable to common stockholders                 19,827 (93,581) 18,335
Total assets 1,832,493       1,532,803       1,832,493 1,532,803 1,590,545
Office and parking properties 1,562,717       921,937       1,562,717 921,937 1,389,767
Assets held for sale         382,789         382,789  
Capital expenditures                 37,506 [4] 58,758 [4] 49,760
Unallocated and Other [Member]
                     
Segment Reporting Information [Line Items]                      
Income from office and parking properties                 0 [1] 0 0 [1]
Management company income                 19,778 16,896 1,652
Property operating expenses                 0 [2] 0 [2] 0
Depreciation and amortization                 0 0 0
Management company expenses                 (17,237) (13,337) (2,756)
Income tax expense                 (261) (56) (2)
General and administrative expenses                 (16,420) (18,805) (15,318)
Acquisition costs                 0 (15,994) 0
Interest and other income                 272 938 1,487
Equity in earnings of unconsolidated joint ventures                   0 0
Interest expense                 (3,940) [3] (6,724) (6,016) [3]
Adjustment for noncontrolling interest - unit holders                 269 (5)  
Adjustment for noncontrolling interest - real estate partnerships                 0 0 0
Income (loss) from discontinued operations                 0 0 0
Impairment loss on real estate                 0 0  
Non-cash impairment loss on mortgage loan receivable                   (9,235)  
Impairment loss on management contracts and goodwill                 (41,967)    
Gain on sale of real estate from discontinued operations                 0 0 0
Gain on sale of real estate and other assets                 500 0 0
ERROR in label resolution.                 (216) 13,000  
Dividends on preferred stock                 (10,843) (10,052) (6,325)
Dividends on convertible preferred stock                 (1,011)    
Net income (loss) attributable to common stockholders                 (71,076) (43,374) (27,278)
Total assets 74,118       103,508       74,118 103,508 13,137
Office and parking properties 0       0       0 0 0
Assets held for sale         0         0  
Capital expenditures                 $ 0 [4] $ 0 [4] $ 0
[1] Included in income from office and parking properties are rental revenues, customer reimbursements, parking income and other income.
[2] Included in property operating expenses are real estate taxes, insurance, contract services, repairs and maintenance and property operating expenses.
[3] 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".
[4] Capital expenditures include building improvements, tenant improvements and leasing costs.