Mortgages, Loans Payable And Other Obligations (Tables)

9 Months Ended

Sep. 30, 2011

Mortgages, Loans Payable And Other Obligations [Abstract]

Summary Of Mortgages, Loans Payable And Other Obligations

			Effective
				Interest	September 30,		December 31,
Property Name	Lender			Rate (a)	2011		2010	Maturity
One Grande Commons (b)	Capital One Bank	LIBOR +2.00%			$  11,000		$  11,000	12/31/11
2200 Renaissance Boulevard (c)	Wachovia CMBS			5.888%	16,171		16,171	12/01/12
Soundview Plaza	Morgan Stanley Mortgage Capital			6.015%	15,674		16,089	01/01/13
9200 Edmonston Road	Principal Commercial Funding L.L.C.			5.534%	4,522		4,646	05/01/13
6305 Ivy Lane	John Hancock Life Insurance Co.			5.525%	6,304		6,475	01/01/14
395 West Passaic	State Farm Life Insurance Co.			6.004%	10,905		11,270	05/01/14
6301 Ivy Lane	John Hancock Life Insurance Co.			5.520%	5,951		6,103	07/01/14
35 Waterview Boulevard	Wachovia CMBS			6.348%	19,126		19,341	08/11/14
6 Becker, 85 Livingston,   75 Livingston &   20 Waterview	Wachovia CMBS			10.220%	61,893		61,224	08/11/14
4 Sylvan	Wachovia CMBS			10.190%	14,427		14,395	08/11/14
10 Independence	Wachovia CMBS			12.440%	15,829		15,606	08/11/14
4 Becker	Wachovia CMBS			9.550%	37,655		37,096	05/11/16
5 Becker	Wachovia CMBS			12.830%	11,954		11,599	05/11/16
210 Clay	Wachovia CMBS			13.420%	11,745		11,467	05/11/16
51 Imclone	Wachovia CMBS			8.390%	3,888		3,893	05/11/16
Various (d)	Prudential Insurance			6.332%	150,000		150,000	01/15/17
23 Main Street	JPMorgan CMBS			5.587%	31,139		31,537	09/01/18
Harborside Plaza 5	The Northwestern Mutual Life Insurance Co. & New York Life Insurance Co.			6.842%	232,351		234,521	11/01/18
100 Walnut Avenue	Guardian Life Insurance Co.			7.311%	19,293		19,443	02/01/19
One River Center (e)	Guardian Life Insurance Co.			7.311%	44,197		44,540	02/01/19
581 Main Street	Valley National Bank			6.935% (f)		16,413	16,627	07/01/34
Total mortgages, loans payable and other obligations					$ 740,437		$743,043

(a)  Reflects effective rate of debt, including deferred financing costs, comprised of the cost of terminated treasury lock agreements (if any), debt initiation costs, mark-to-market adjustment of acquired debt and other transaction costs, as applicable.

(b)  The mortgage loan has three one-year extension options subject to certain conditions and the payment of a fee.

(c)  The property does not generate sufficient cash flow to meet debt service requirements.  As a result, beginning January 2011, debt service has not been made and a modification of the loan terms has been requested from the lender.

(d)  Mortgage is collateralized by seven properties. The Operating Partnership has agreed, subject to certain conditions, to guarantee repayment of a portion of the loan.

(e)  Mortgage is collateralized by the three properties comprising One River Center.

(f)  The coupon interest rate will be reset at the end of year 10 (2019) and year 20 (2029) at 225 basis points over the 10-year treasury yield 45 days prior to the reset dates with a minimum rate of 6.875 percent.