Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Details)

v2.4.0.6
Segment Reporting (Details) (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
segment
Sep. 30, 2011
Dec. 31, 2011
Segment Reporting Information [Line Items]          
Number of business segments     2    
Total revenues $ 173,212,000 $ 175,437,000 $ 534,654,000 $ 538,818,000  
Total operating and interest expenses 111,880,000 [1],[2] 103,707,000 [1],[3] 337,252,000 [1],[4] 333,633,000 [1],[5]  
Equity in earnings (loss) of unconsolidated joint ventures 2,418,000 539,000 4,751,000 1,174,000  
Net operating income 63,750,000 [2],[6] 72,269,000 [3],[6] 202,153,000 [4],[6] 206,359,000 [5],[6]  
Total assets 4,269,573,000   4,269,573,000   4,295,759,000
Total long-lived assets 4,013,856,000 [7]   4,013,856,000 [7]   4,036,923,000 [7]
Depreciation and amortization 47,829,000 48,082,000 143,642,000 143,635,000  
Real Estate [Member]
          
Segment Reporting Information [Line Items]          
Total revenues 171,356,000 172,503,000 523,445,000 527,815,000  
Total operating and interest expenses 67,571,000 [1] 61,234,000 [1] 199,073,000 [1] 204,586,000 [1]  
Equity in earnings (loss) of unconsolidated joint ventures 2,418,000 539,000 4,751,000 1,174,000  
Net operating income 106,203,000 [6] 111,808,000 [6] 329,123,000 [6] 324,403,000 [6]  
Total assets 4,249,228,000   4,249,228,000   4,272,469,000
Total long-lived assets 4,010,766,000 [7]   4,010,766,000 [7]   4,034,651,000 [7]
Construction Services [Member]
          
Segment Reporting Information [Line Items]          
Total revenues 2,446,000 2,406,000 11,018,000 9,225,000  
Total operating and interest expenses 2,361,000 [1] 2,681,000 [1] 10,938,000 [1] 10,066,000 [1]  
Net operating income 85,000 [6] (275,000) [6] 80,000 [6] (841,000) [6]  
Total assets 6,470,000   6,470,000   7,022,000
Corporate & Other [Member]
          
Segment Reporting Information [Line Items]          
Total revenues (590,000) [8] 528,000 [8] 191,000 [8] 1,778,000 [8]  
Total operating and interest expenses 41,948,000 [1],[8],[9] 39,792,000 [1],[8] 127,241,000 [1],[8],[9] 118,981,000 [1],[8]  
Net operating income (42,538,000) [6],[8],[9] (39,264,000) [6],[8] (127,050,000) [6],[8],[9] (117,203,000) [6],[8]  
Total assets 13,875,000 [8]   13,875,000 [8]   16,268,000 [8]
Total long-lived assets 3,090,000 [7],[8]   3,090,000 [7],[8]   2,272,000 [7],[8]
Transaction costs $ 3,800,000   $ 6,300,000    
[1] Total operating and interest expenses represent the sum of: real estate taxes; utilities; operating services; direct construction costs; real estate services salaries, wages and other costs; general and administrative and interest expense (net of interest income). All interest expense, net of interest income, (including for property-level mortgages) is excluded from segment amounts and classified in Corporate & Other for all periods.
[2] Excludes $47,829 of depreciation and amortization.
[3] Excludes $48,082 of depreciation and amortization.
[4] Excludes $143,642 of depreciation and amortization.
[5] Excludes $143,635 of depreciation and amortization. (i) Included in these amounts for the three and nine months ended September 30, 2012 were transaction costs related to the Roseland Transaction of $3.8 million and $6.3 million, respectively.
[6] Net operating income represents total revenues less total operating and interest expenses [as defined in Note (a)], plus equity in earnings (loss) of unconsolidated joint ventures, for the period.
[7] Long-lived assets are comprised of net investment in rental property, unbilled rents receivable and investments in unconsolidated joint ventures.
[8] Corporate & Other represents all corporate-level items (including interest and other investment income, interest expense and non-property general and administrative expense) as well as intercompany eliminations necessary to reconcile to consolidated Company totals.
[9] Included in these amounts for the three and nine months ended September 30, 2012 were transaction costs related to the Roseland Transaction of $3.8 million and $6.3 million, respectively.