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Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

Real estate commitments

The following summarizes the Company’s real estate commitments at June 30, 2012 (dollars in thousands):

	Number of Properties			Costs Incurred to Date				Expected Costs to Complete (a)				Average Ownership Stake
Wholly owned — under development	5			$	282,006			$	319,094			100	%
Joint ventures:
Consolidated joint ventures	1			$	13,857			$	32,143			90	%
Unconsolidated joint ventures (b)	2			36,874				16,843				95	%
				$	332,737			$	368,080

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- Definition

Tabular disclosure of key provisions of an arrangement under which the entity has agreed to purchase goods or services over a period of time greater than one year or the normal operating cycle, if longer, including the item for which expenditures will be made, minimum quantities, milestones, time period and committed amount.

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