Income Taxes (Tables)

12 Months Ended

Dec. 31, 2011

Income Taxes [Abstract]

Preferred distributions per depositary share

Series J Preferred Stock	2011		As a Percentage of Distributions			2010 (As Amended)		As a Percentage of Distributions			2009		As a Percentage of Distributions
Ordinary income	$	0.3130		23.02	%	$	1.4652		80.84	%	$	—		0.00	%
Long-term capital gains		—		0.00	%		—		0.00	%		1.3697		75.57	%
Unrecaptured Section 1250 gain		—		0.00	%		0.2423		13.37	%		0.4428		24.43	%
Return of Capital		1.0402		76.52	%		—		0.00	%		—		0.00	%
Qualified Dividends		0.0062		0.46	%		0.1050		5.79	%		—		0.00	%
	$	1.3594		100.00	%	$	1.8125		100.00	%	$	1.8125		100.00	%

Series K Preferred Stock	2011		As a Percentage of Distributions			2010 (As Amended)		As a Percentage of Distributions			2009		As a Percentage of Distributions
Ordinary income	$	0.3130		23.02	%	$	1.4652		80.84	%	$	—		0.00	%
Long-term capital gains		—		0.00	%		—		0.00	%		1.3697		75.57	%
Unrecaptured Section 1250 gain		—		0.00	%		0.2423		13.37	%		0.4428		24.43	%
Return of Capital		1.0402		76.52	%		—		0.00	%		—		0.00	%
Qualified Dividends		0.0062		0.46	%		0.1050		5.79	%		—		0.00	%
	$	1.3594		100.00	%	$	1.8125		100.00	%	$	1.8125		100.00	%

Components of income tax (provision) benefit

	2011			2010			2009
Current:
Federal	$	(622	)	$	(893	)	$	38,682
State		(502	)		(2,372	)		1,772
Foreign		(41	)		(95	)		(835	)
Deferred:
Federal.		(284	)		163			(15,816	)
State		(2	)		40			(616	)
Foreign.		(697	)		(148	)		9
	$	(2,148	)	$	(3,305	)	$	23,196

Deferred tax assets (liabilities)

	2011			2010
Investments in Joint Ventures	$	15		$	47
Fixed assets		—			1,863
Prepaid rent		45			71
Restricted stock		43			99
Capitalized Interest		—			626
Impairment of Real Estate		5,683			10,196
Foreign net operating loss carrying forward		828			706
Valuation Allowance		(5,078	)		(9,301	)
Other		483			569
Total deferred tax assets, net of allowance	$	2,019		$	4,876
Straight-line rent		(85	)		(510	)
Fixed assets		(1,946	)		(3,397	)
Other		(108	)		(106	)
Total deferred tax liabilities	$	(2,139	)	$	(4,013	)
Total net deferred tax (liability) asset	$	(120	)	$	863

Components of income tax benefit (provision)

	2011			2010			2009
Tax provision associated with income from operations on sold properties which is included in discontinued operations	$	(119	)	$	—		$	(384	)
Tax provision associated with gains and losses on the sale of real estate which is included in discontinued operations		(1,127	)		—			(1,462	)
Tax provision associated with gains and losses on the sale of real estate		(452	)		(342	)		(143	)
Income tax (provision) benefit		(450	)		(2,963	)		25,185
Income tax (provision) benefit	$	(2,148	)	$	(3,305	)	$	23,196

Income tax benefit pertaining to income from continuing operations and gain on sale of real estate

	2011			2010			2009
Tax (provision) benefit at federal rate related to continuing operations	$	(2,162	)	$	5,141		$	8,574
State tax (provision) benefit, net of federal (provision) benefit		(521	)		(2,320	)		1,849
Non-deductible permanent items, net		(54	)		(58	)		(1,652	)
Change in valuation allowance		1,853			(6,108	)		16,269
Foreign taxes, net		(96	)		(211	)		342
Other		78			251			(340	)
Net income tax (provision) benefit	$	(902	)	$	(3,305	)	$	25,042