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Debt And Lines Of Credit (Tables)
3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Schedule of debt and lines of credit [Table Text Block]
The following table sets forth certain information regarding debt (in thousands):
 
Principal
Outstanding
 
Weighted Average
Years to Maturity
 
Weighted Average
Interest Rates
 
March 31, 2013
 
December 31, 2012
 
March 31, 2013
 
December 31, 2012
 
March 31, 2013
 
December 31, 2012
Collateralized term loans - CMBS
$
687,441

 
$
725,951

 
4.6

 
4.5

 
5.4
%
 
5.2
%
Collateralized term loans - FNMA
368,553

 
369,810

 
10.1

 
10.3

 
3.8
%
 
3.8
%
Aspen and Series B-3 preferred OP Units
47,322

 
47,322

 
8.3

 
8.4

 
6.9
%
 
6.9
%
Secured borrowing (see Note 4)
97,455

 
94,409

 
12.5

 
12.8

 
10.9
%
 
11.0
%
Mortgage notes, other
155,838

 
186,228

 
6.3

 
6.2

 
4.6
%
 
4.3
%
Total debt
$
1,356,609

 
$
1,423,720

 
6.9

 
6.8

 
5.3
%
 
5.2
%
Maturities and Amortization of debt and lines of credit [Table Text Block]
As of March 31, 2013, the total of maturities and amortization of debt and lines of credit during the next five years, are as follows (in thousands):
 
Maturities and Amortization By Year
 
Total Due
 
Apr 2013 - Dec2013
 
2014
 
2015
 
2016
 
2017
 
After 5 years
Lines of credit
$
392

 
$
392

 
$

 
$

 
$

 
$

 
$

Mortgage loans payable:
 
 
 
 
 
 
 
 
 
 
 
 
 
Maturities
1,050,842

 
9,849

 
185,809

 
3,834

 
280,780

 
54,949

 
515,621

Principal amortization
159,481

 
14,123

 
19,095

 
18,748

 
17,328

 
14,719

 
75,468

Aspen and Series B-3 preferred OP units
47,322

 
3,970

 
7,570

 

 

 

 
35,782

Secured borrowing
97,455

 
3,169

 
4,598

 
5,095

 
5,641

 
6,153

 
72,799

Total
$
1,355,492

 
$
31,503

 
$
217,072

 
$
27,677

 
$
303,749

 
$
75,821

 
$
699,670