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Noncontrolling Interest - Operating Partnership/Limited Partners' Equity - Preferred Units
3 Months Ended
Mar. 31, 2012
Limited Partners' Capital Account - Preferred Units [Line Items]  
Schedule of Limited Partners' Capital Account by Class [Table Text Block]
Noncontrolling Interest - Operating Partnership/Limited Partners' Equity - Preferred Units
As of March 31, 2012, the following cumulative preferred units of the Operating Partnership were outstanding:
ISSUE
 
AMOUNT
 
UNITS
 
LIQUIDATION
PREFERENCE
 
DIVIDEND
RATE
 
 
(in 000’s)
 
 
 
 
Series I-2
 
$
7,537

 
301

 
$25
 
6.25
%

The preferred units are callable at the holder's option at any time and are callable at the Operating Partnership's option after a stated period of time for cash.
Preferred distributions related to these units were $118,000 for the three months ended March 31, 2012.