Leasing Activity

12 Months Ended

Dec. 31, 2011

Operating Leases of Lessor Disclosure [Text Block]

LEASING ACTIVITY

Future minimum rental payments due from tenants under noncancelable operating leases as of December 31, 2011 are as follows (in thousands):



2012	$	471,541
2013	418,995
2014	352,486
2015	288,527
2016	230,557
Thereafter	677,843

TOTAL	$	2,439,949

In addition to minimum rental payments, most leases require the tenants to pay for their pro rata share of specified operating expenses. These payments are included as operating expense reimbursement in the accompanying consolidated statements of operations.

- Definition

The entire disclosure for operating leases of a lessor. This may inlcude a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

+ References+ Details