Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2011

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Schedule of Real Estate Properties [Table Text Block]

A reconciliation of each property's carrying values for the nine months ended September 30, 2011 is as follows:

	Columbia Place			Settlers Ridge Phase II			Total
Beginning carrying value, January 1, 2011	$	58,207		$	12,461		$	70,668
Capital expenditures	14			8,505			8,519
Depreciation expense	(1,475		)	(91		)	(1,566		)
Loss on impairment of real estate	(50,683		)	(4,457		)	(55,140		)
Ending carrying value, September 30, 2011	$	6,063		$	16,418		$	22,481

Fair Value Measurements of Assets and Liabilities

The following tables set forth information regarding the Company’s financial instruments that are measured at fair value in the condensed consolidated balance sheets as of September 30, 2011 and December 31, 2010:

			Fair Value Measurements at Reporting Date Using
	Fair Value at September 30, 2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Available-for-sale securities	$	32,014	$	20,185	$	—	$	11,829
Privately held debt and equity securities	2,475		—		—		2,475
Interest rate caps	1		—		1		—
Liabilities:
Interest rate swaps	$	5,560	$	—	$	5,560	$	—

			Fair Value Measurements at Reporting Date Using
	Fair Value at December 31, 2010		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Available-for-sale securities	$	22,052	$	22,052	$	—	$	—
Privately held debt and equity securities	2,475		—		—		2,475
Interest rate cap	3		—		3		—

Summary of Equity Securities

The following is a summary of the equity securities held by the Company as of September 30, 2011 and December 31, 2010:

			Gross Unrealized
	Adjusted Cost		Gains		Losses			Fair Value
September 30, 2011:
Common stocks	$	4,207	$	6,373	$	(5	)	$	10,575
Mutual funds	5,539		18		(99		)	5,458
Mortgage/asset-backed securities	1,748		12		—			1,760
Government and government sponsored entities	14,960		46		(1,542		)	13,464
Corporate bonds	699		24		—			723
International bonds	33		1		—			34
	$	27,186	$	6,474	$	(1,646	)	$	32,014

			Gross Unrealized
	Adjusted Cost		Gains		Losses			Fair Value
December 31, 2010:
Common stocks	$	4,207	$	8,347	$	(4	)	$	12,550
Mutual funds	5,318		37		(39		)	5,316
Mortgage/asset-backed securities	1,571		—		(6		)	1,565
Government and government sponsored entities	1,864		8		(11		)	1,861
Corporate bonds	710		18		—			728
International bonds	32		—		—			32
	$	13,702	$	8,410	$	(60	)	$	22,052

Long Lived Assets [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Fair Value Measurements of Assets and Liabilities

The following table sets forth information regarding the Company’s assets that are measured at fair value on a nonrecurring basis:

			Fair Value Measurements at Reporting Date Using
	Fair Value at September 30, 2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Losses
Asset:
Long-lived assets	$	22,481	$	—	$	—	$	22,481	$	55,140