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Fair Value Measurements (Narrative) (Details) (USD $)
1 Months Ended 6 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Apr. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Dec. 31, 2011
Apr. 30, 2011
Subordinate Tax Increment Revenue Bonds [Member]
Dec. 31, 2011
Subordinate Tax Increment Revenue Bonds [Member]
Dec. 31, 2010
Subordinate Tax Increment Revenue Bonds [Member]
Apr. 30, 2011
Senior Tax Increment Revenue Bonds [Member]
Jun. 30, 2012
Significant Unobservable Inputs (Level 3) [Member]
Dec. 31, 2011
Significant Unobservable Inputs (Level 3) [Member]
Dec. 31, 2011
Significant Unobservable Inputs (Level 3) [Member]
Subordinate Tax Increment Revenue Bonds [Member]
Jun. 30, 2012
Impaired Property [Member]
Dec. 31, 2011
Impaired Property [Member]
Dec. 31, 2011
Impaired Property [Member]
Significant Other Observable Inputs (Level 2) [Member]
Jun. 30, 2012
Impaired Property [Member]
Significant Unobservable Inputs (Level 3) [Member]
Dec. 31, 2011
Impaired Property [Member]
Significant Unobservable Inputs (Level 3) [Member]
Jun. 30, 2012
Impaired Property Held For Sale [Member]
Dec. 31, 2011
Impaired Property Held For Sale [Member]
Jun. 30, 2012
Impaired Property Held For Sale [Member]
Significant Other Observable Inputs (Level 2) [Member]
Dec. 31, 2011
Impaired Property Held For Sale [Member]
Significant Other Observable Inputs (Level 2) [Member]
Dec. 31, 2011
Impaired Property Held For Sale [Member]
Significant Unobservable Inputs (Level 3) [Member]
Jun. 30, 2012
Impaired Investment In Real Estate Joint Ventures And Partnerships [Member]
Dec. 31, 2011
Impaired Investment In Real Estate Joint Ventures And Partnerships [Member]
Jun. 30, 2012
Impaired Investment In Real Estate Joint Ventures And Partnerships [Member]
Significant Other Observable Inputs (Level 2) [Member]
Dec. 31, 2011
Impaired Investment In Real Estate Joint Ventures And Partnerships [Member]
Significant Unobservable Inputs (Level 3) [Member]
Dec. 31, 2011
Minimum [Member]
Significant Unobservable Inputs (Level 3) [Member]
Subordinate Tax Increment Revenue Bonds [Member]
Dec. 31, 2011
Minimum [Member]
Impaired Property [Member]
Significant Unobservable Inputs (Level 3) [Member]
Dec. 31, 2011
Minimum [Member]
Impaired Investment In Real Estate Joint Ventures And Partnerships [Member]
Significant Unobservable Inputs (Level 3) [Member]
Dec. 31, 2011
Maximum [Member]
Significant Unobservable Inputs (Level 3) [Member]
Subordinate Tax Increment Revenue Bonds [Member]
Dec. 31, 2011
Maximum [Member]
Impaired Property [Member]
Significant Unobservable Inputs (Level 3) [Member]
Dec. 31, 2011
Maximum [Member]
Impaired Investment In Real Estate Joint Ventures And Partnerships [Member]
Significant Unobservable Inputs (Level 3) [Member]
Fair Value Measurements [Line Items]                                                              
Property, net   $ 3,409,500,000 [1]   $ 3,702,236,000 [1]               $ 50,700,000 $ 135,500,000                                    
Property fair value                       46,375,000 [2] 98,596,000 389,000 46,375,000 [2] 98,207,000                              
Property held for sale, net   63,747,000   73,241,000                         42,200,000 57,000,000                          
Property held for sale fair value                                 39,131,000 [3] 45,157,000 39,131,000 [3] 43,657,000 1,500,000                    
Cost to sell property                                 800,000 2,000,000                          
Investment in real estate joint ventures and partnerships, net   317,781,000   341,608,000                                   30,800,000 8,100,000                
Investment in real estate joint ventures and partnerships fair value                                           24,231,000 [4] 6,311,000 24,231,000 [4] 6,311,000            
Subordinated bonds received on exchange of bonds         57,700,000                                                    
Subordinated tax increment revenue bonds at cost         22,400,000                                                    
Investments           26,723,000     26,505,000 26,505,000 26,723,000                                        
Investment at fair value         10,700,000     51,300,000                                              
Cash received on exchange of bonds 16,500,000 0 16,545,000                                                        
Impairment losses   $ (14,830,000) [5]   $ (71,195,000) [6]   $ (18,737,000) [6] $ (11,700,000)         $ (4,293,000) [2],[5] $ (36,907,000) [6]       $ (3,929,000) [3],[5] $ (13,799,000) [6]       $ (6,608,000) [4],[5] $ (1,752,000) [6]                
Assumption For Fair Value Discount Rate                                         10.00%           8.00%     13.00%  
Assumption For Fair Value Market Capitalization Rate                                                       7.00%     9.00%
Assumption For Fair Value Expected Future Growth Rate                                                   1.00%     4.00%    
Assumption For Fair Value Expected Inflation Rate                                                   1.00%     2.00%    
[1] Consolidated Variable Interest Entities’ Assets and Liabilities included in the above balances (See Note 17):
[2] In accordance with our policy of evaluating and recording impairments on the disposal of long-lived assets, property with a carrying amount of $50.7 million was written down to a fair value of $46.4 million, resulting in a loss of $4.3 million, which was included in earnings for the period. Management’s estimate of the fair value of these properties was determined using Level 3 inputs. See the quantitative information about the significant unobservable inputs used for our Level 3 fair value measurements table below.
[3] Property held for sale with a carrying amount of $42.2 million was written down to a fair value of $39.1 million less costs to sell of $0.8 million, resulting in a loss of $3.9 million, which was included in discontinued operations in the Condensed Consolidated Statements of Operations and Comprehensive Income for the period. Management’s estimate of the fair value of these properties was determined using bona fide purchase offers for the Level 2 inputs.
[4] Our net investment in real estate joint ventures and partnerships with a carrying amount of $30.8 million was written down to a fair value of $24.2 million, resulting in a loss of $6.6 million, which was included in earnings for the period. Management’s estimate of the fair value of this investment was determined using the weighted average of the bona fide purchase offers received for the Level 2 inputs.
[5] Total gains (losses) exclude impairments on disposed assets because they are no longer held by us.
[6] Total gains (losses) are reflected throughout 2011 and exclude impairments on disposed assets because they are no longer held by us.