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Investment in Partially-Owned Entities (Details) (USD $)
3 Months Ended 12 Months Ended 12 Months Ended
Jun. 30, 2012
Jun. 30, 2012
Bluerock, Huntsville, AL
Mar. 31, 2012
Colonial Promenade Madison, Huntsville, AL
sqft
Jun. 30, 2012
DRA/CLP JV
Dec. 31, 2011
DRA/CLP JV
Jun. 30, 2012
Multifamily
properties
Dec. 31, 2011
Multifamily
Jun. 30, 2012
Multifamily
Belterra, Ft. Worth, TX
Dec. 31, 2011
Multifamily
Belterra, Ft. Worth, TX
Jun. 30, 2012
Multifamily
CG at Huntcliff, Atlanta, GA
Dec. 31, 2011
Multifamily
CG at Huntcliff, Atlanta, GA
Jun. 30, 2012
Multifamily
CG at McKinney, Dallas, TX
Dec. 31, 2011
Multifamily
CG at McKinney, Dallas, TX
Jun. 30, 2012
Multifamily
CG at Research Park, Raleigh, NC
Dec. 31, 2011
Multifamily
CG at Research Park, Raleigh, NC
Jun. 30, 2012
Multifamily
Regents Park (Phase II), Atlanta, GA
Dec. 31, 2011
Multifamily
Regents Park (Phase II), Atlanta, GA
Jun. 30, 2012
Commercial
properties
Dec. 31, 2011
Commercial
Jun. 30, 2012
Commercial
600 Building Partnership, Birmingham, AL
Dec. 31, 2011
Commercial
600 Building Partnership, Birmingham, AL
Jun. 30, 2012
Commercial
Bluerock, Huntsville, AL
Dec. 31, 2011
Commercial
Bluerock, Huntsville, AL
Jun. 30, 2012
Commercial
Colonial Promenade Madison, Huntsville, AL
Dec. 31, 2011
Commercial
Colonial Promenade Madison, Huntsville, AL
Jun. 30, 2012
Commercial
Colonial Promenade Smyrna, Smyrna, TN
Dec. 31, 2011
Commercial
Colonial Promenade Smyrna, Smyrna, TN
Jun. 30, 2012
Commercial
DRA/CLP JV
Mar. 31, 2012
Commercial
DRA/CLP JV
properties
Dec. 31, 2011
Commercial
DRA/CLP JV
Jun. 30, 2012
Commercial
Highway 150, LLC, Birmingham, AL
Dec. 31, 2011
Commercial
Highway 150, LLC, Birmingham, AL
Jun. 30, 2012
Commercial
Parkside Drive LLC II, Knoxville, TN
Dec. 31, 2011
Commercial
Parkside Drive LLC II, Knoxville, TN
Jun. 30, 2012
Other
Dec. 31, 2011
Other
Jun. 30, 2012
Other
Colonial/Polar-BEK Managment Company, Birmingham, AL
Dec. 31, 2011
Other
Colonial/Polar-BEK Managment Company, Birmingham, AL
Jun. 30, 2012
Colonial Properties Trust
Dec. 31, 2011
Colonial Properties Trust
Jun. 30, 2012
Colonial Realty Limited Partnership
Dec. 31, 2011
Colonial Realty Limited Partnership
Jun. 30, 2012
Colonial Properties Trust
Dec. 31, 2011
Colonial Properties Trust
DRA/CLP JV
Dec. 31, 2011
Restatement Adjustment
Jun. 30, 2012
Colonial Properties Trust
DRA/CLP JV
Dec. 31, 2011
Colonial Properties Trust
Restatement Adjustment
DRA/CLP JV
Investments in Unconsolidated Partially-owned Entities                                                                                              
Investment in partially-owned entities   $ (100,000)                                                                         $ 6,795,000 $ 31,577,000 $ 6,795,000 $ 27,432,000          
Equity method investment, difference between carrying amount and underlying equity   (6,700,000)                                                                                          
Guarantor obligations, current carrying value                                                                                     4,100,000 4,100,000      
Equity method investments           7,330,000 7,469,000 332,000 365,000 1,297,000 1,382,000 1,718,000 [1] 1,721,000 [1] 602,000 660,000 3,381,000 [1] 3,341,000 [1] (4,861,000) (26,771,000) 341,000 331,000 (6,795,000) [2] (6,426,000) [2] 0 [3] 2,062,000 [3] 1,523,000 2,259,000 0 [4]   (25,152,000) [4] 34,000 43,000 36,000 [5] 112,000 [5] 29,000 28,000 29,000 28,000 2,498,000 (19,274,000) [6]   (15,100,000)          
Equity method investment, ownership percentage     25.00%         10.00%   20.00%   25.00%   20.00%   40.00%       33.00%   10.00%   0.00%   50.00%   0.00% 15.00%   10.00%   0.00%       50.00%                    
Number of real estate properties           115                       21 [7]                     18                                    
Contingent consideration, potential cash receipt       2,000,000                                                                                      
Contingent consideration, expected cash receipt       0                                                                                      
Equity method investment, notes payable 212,919,000 [8]                                                                                       957,068,000 [8] 111,300,000  
Gain on sale of properties     1,000,000 21,900,000                                                                                      
Impairment of real estate         34,500,000                                                                                   3,200,000
Number of positions eliminated       21                                                                                      
Termination benefits and severance-related charges       1,100,000                                                                                      
Restructuring and related activities, completion date       Aug. 31, 2012                                                                                      
Total square feet     111,000                                                                                        
Total consideration from sale of real estate     $ 3,000,000                                                                                        
[1] These joint ventures consist of undeveloped land.
[2] Equity investment includes the Company’s investment of approximately $(0.1) million, plus by the excess basis difference on the transaction of approximately $(6.7) million, which is being amortized over the life of the properties. This joint venture is presented under “Liabilities” on the Company’s Consolidated Condensed Balance Sheets as of June 30, 2012 and December 31, 2011.
[3] In the first quarter 2012, the Company sold its noncontrolling interest in this joint venture (see below).
[4] The Company's noncontrolling interest in this joint venture was redeemed effective as of June 30, 2012 (see below).
[5] In the fourth quarter 2011, the Company sold its noncontrolling interest in this joint venture.
[6] Net investment in partially-owned entities as of December 31, 2011 includes the Trust's $4.1 million contingent obligation related to the DRA/CLP JV. CRLP's net investment in partially owned entities was $(15.1) million as of December 31, 2011.
[7] The Company's remaining 15% interest in the DRA/CLP joint venture, which was comprised of 18 commercial assets representing approximately 5.2 million square feet, was redeemed by the joint venture, effective as of June 30, 2012. See Note 12 - "Investment in Partially-Owned Entities". As a result of the redemption, these 18 assets are not included in the table above.
[8] The Company’s pro-rata share of indebtedness, as calculated based on ownership percentage, at June 30, 2012 and December 31, 2011, was $35.9 million and $147.8 million, respectively.