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Investment in Real Estate (Tables)
12 Months Ended
Dec. 31, 2011
Investment in Real Estate [Abstract]  
Summary of intangible assets subject to amortization in the period of acquisition
                 
    Year Ended
December 31,
2011
    Year Ended
December 31,
2010
 

In-Place Leases

  $ 2,511     $ 1,782  

Above Market Leases

  $ 2,883     $ 239  

Tenant Relationships

  $ 1,553     $ 1,881  
                 
    Year Ended
December 31,
2011
    Year Ended
December 31,
2010
 

In-Place Leases

    56       100  

Above Market Leases

    56       88  

Tenant Relationships

    116       165  
Summary regarding the industrial properties included in our discontinued operations
                         
    Year Ended December 31,  
    2011     2010     2009  

Total Revenues

  $ 19,932     $ 27,481     $ 36,850  

Property Expenses

    (8,658     (11,821     (14,966

Impairment of Real Estate

    (6,146     (81,648     (1,317

Depreciation and Amortization

    (2,145     (11,273     (17,992

Interest Expense

    (63     (268     (653

Gain on Sale of Real Estate

    20,419       11,092       24,206  

Provision for Income Taxes

    (1,246     —         (1,846
   

 

 

   

 

 

   

 

 

 

Income (Loss) from Discontinued Operations

  $ 22,093     $ (66,437   $ 24,282  
   

 

 

   

 

 

   

 

 

 
Net non-cash impairment charges
                         
    Year Ended
December  31,
2011
    Year Ended
December  31,
2010
    Year Ended
December  31,
2009
 

Operating Properties—Held for Sale and Sold Assets

  $ (6,146   $ (81,648   $ (1,317
   

 

 

   

 

 

   

 

 

 

Impairment—Discontinued Operations

  $ (6,146   $ (81,648   $ (1,317
   

 

 

   

 

 

   

 

 

 

Land Parcels—Held for Sale and Sold Assets

  $ 5,879     $ (8,275   $ —    

Operating Properties—Held for Use

    1,687       (90,204     (5,617

Land Parcels—Held for Use

    1,241       (14,425     —    
   

 

 

   

 

 

   

 

 

 

Impairment—Continuing Operations

  $ 8,807     $ (112,904   $ (5,617
   

 

 

   

 

 

   

 

 

 

Total Net Impairment

  $ 2,661     $ (194,552   $ (6,934
   

 

 

   

 

 

   

 

 

 
Fair Value Measurements on a Non-Recurring Basis
                                         
          Fair Value Measurements on a Non-Recurring Basis Using:        

Description

  Year Ended
December 31,
2011
    Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
    Significant Other
Observable Inputs
(Level 2)
    Unobservable
Inputs
(Level 3)
    Total
Impairment
 

Long-lived Assets Held for Sale*

  $ 52,057       —         —       $ 52,057     $ (6,121

Long-lived Assets Held and Used*

  $ 22,090       —         —       $ 22,090       (896
                                   

 

 

 
                                    $ (7,017

 

                                         
          Fair Value Measurements on a Non-Recurring Basis Using:        

Description

  Year Ended
December  31,
2010
    Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
    Significant Other
Observable Inputs
(Level 2)
    Unobservable
Inputs
(Level 3)
    Total
Impairment
 

Long-lived Assets Held for Sale

  $ 288,369       —         —       $ 288,369     $ (193,226

Long-lived Assets Held and Used

  $ 3,905       —         —       $ 3,905       (1,326
                                   

 

 

 
                                    $ (194,552