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Acquisitions and Dispositions (Tables)
9 Months Ended
Sep. 30, 2011
Summary of Significant Assumptions Utilized in Estimates
 
Low

High

Discount rate
6.40
%
10.10
%
Exit capitalization rate
4.80
%
9.00
%
Lease-up period (months)
12

36

Net rental rate per square foot – Industrial
$2.75
$6.50
Net rental rate per square foot – Office
$8.61
$16.00
Premier Portfolio [Member]
 
Summary of Preliminary Allocation of Fair Value of Amounts Recognized
 
Acquired During Year ended December 31, 2010

 
Acquired During Nine months ended September 30, 2011

 
Total

Real estate assets
$
249,960

 
$
153,656

 
$
403,616

Lease-related intangible assets
31,091

 
25,445

 
56,536

Other assets
1,801

 
2,571

 
4,372

Total acquired assets
282,852

 
181,672

 
464,524

Secured debt
158,238

 
125,003

 
283,241

Other liabilities
4,075

 
4,284

 
8,359

Total assumed liabilities
162,313

 
129,287

 
291,600

Fair value of acquired net assets
$
120,539

 
$
52,385

 
$
172,924

Other 2011 Acquisitions [Member]
 
Summary of Preliminary Allocation of Fair Value of Amounts Recognized
 
 
Real estate assets
$
161,825

Lease related intangible assets
22,879

Other assets
338

Total acquired assets
185,042

Secured debt
20,138

Other liabilities
1,588

Total assumed liabilities
21,726

Fair value of acquired net assets
$
163,316