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Investments in Unconsolidated Companies (Tables)
12 Months Ended
Dec. 31, 2011
Equity Method Investments and Joint Ventures [Abstract]  
Summarized Financial Information for Unconsolidated Companies
Combined summarized financial information for the unconsolidated companies as of December 31, 2011 and 2010, and for the years ended December 31, 2011, 2010 and 2009, are as follows (in thousands):
 
 
2011
 
2010
 
2009
Rental revenue
$
272,937

 
$
228,378

 
$
254,787

Net income
$
10,709

 
$
19,202

 
$
9,760

 
 
 
 
 
 
Land, buildings and tenant improvements, net
$
2,051,412

 
$
1,687,228

 
 
Construction in progress
12,208

 
120,834

 
 
Undeveloped land
177,742

 
177,473

 
 
Other assets
309,409

 
242,461

 
 
 
$
2,550,771

 
$
2,227,996

 
 
 
 
 
 
 
 
Indebtedness
$
1,317,554

 
$
1,082,823

 
 
Other liabilities
71,241

 
66,471

 
 
 
1,388,795

 
1,149,294

 
 
Owners’ equity
1,161,976

 
1,078,702

 
 
 
$
2,550,771

 
$
2,227,996

 
 
Schedule of Maturities of Long-term Debt of Unconsolidated Joint Ventures
Our share of the scheduled principal payments of long term debt for the unconsolidated joint ventures for each of the next five years and thereafter as of December 31, 2011 are as follows (in thousands):
 
Year
Future Repayments
2012
$
30,285

2013
97,601

2014
44,871

2015
64,319

2016
14,948

Thereafter
156,484

 
$
408,508