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Note 13 - Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2011
Fair Value, by Balance Sheet Grouping [Table Text Block]

 

 

September 30, 2011

 

December 31, 2010

 

 

Carrying

Amounts

 

Estimated

Fair Value

 

Carrying

Amounts

 

Estimated

Fair Value

Marketable Securities

$

39,650

$

40,048

$

223,991

$

224,451

 

 

 

 

 

 

 

 

 

Notes Payable

$

2,883,920

$

3,092,400

$

2,982,421

$

3,162,183

 

 

 

 

 

 

 

 

 

Mortgages Payable

$

1,059,385

$

1,150,308

$

1,046,313

$

1,120,797

 

 

 

 

 

 

 

 

 

Construction Loans Payable

$

41,958

$

45,713

$

30,253

$

32,192

Mandatorily Redeemable Noncontrolling Interests

(termination dates ranging from 2019 – 2027)

$

2,615

$

5,065

$

2,697

$

5,462

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Table Text Block]

 

 

Balance at

September 30, 2011

 

Level 1

 

Level 2

 

Level 3

Assets:

 

 

 

 

 

 

 

 

Marketable equity securities

$

36,599

$

36,599

$

-

$

-

Liabilities:

 

 

 

 

 

 

 

 

Interest rate swaps

$

313

$

-

$

313

$

-

 

 

Balance at

December 31, 2010

 

Level 1

 

Level 2

 

Level 3

Assets:

 

 

 

 

 

 

 

 

Marketable equity securities

$

31,016

$

31,016

$

-

$

-

Convertible notes

$

172,075

$

-

$

172,075

$

-

Conversion option

$

10,205

$

-

$

10,205

$

-

Liabilities:

 

 

 

 

 

 

 

 

Interest rate swaps

$

506

$

-

$

506

$

-

 

 

Balance at

September 30, 2011

 

Level 1

 

Level 2

 

Level 3

Assets:

 

 

 

 

 

 

 

 

Real estate

$

3,550

$

-

$

 -

$

3,550

Investment and advances in real estate joint ventures

$

1,557

$

-

$

 -

$

1,557

 

 

Balance at

December 31, 2010

 

Level 1

 

Level 2

 

Level 3

Assets:

 

 

 

 

 

 

 

 

Real Estate

$

16,414

$

-

$

-

$

16,414

Real estate under development/redevelopment

$

22,626

$

-

$

-

$

22,626

Other real estate investments

$

3,921

$

-

$

-

$

3,921

Mortgage and other financing receivables

$

1,405

$

-

$

-

$

1,405