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Investment in Real Estate (Tables) | 9 Months Ended
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Sep. 30, 2012
Summary of Intangible Assets (Liabilities) Subject to Amortization in the Period of Acquisition | The fair value at the date of acquisition of in-place leases, tenant relationships, above market leases and below market leases recorded due to the real estate property acquired during the nine months ended September 30, 2012 and 2011, which is recorded as deferred leasing intangibles, is as follows:
|  | Nine Months Ended September 30, 2012 |  |  | Nine Months Ended September 30, 2011 |
In-Place Leases |  | $ | 1,750 |  |  | $ | 2,511 |
Tenant Relationships |  | $ | 1,012 |  |  | $ | 1,553 |
Above Market Leases |  | $ | — |  |  | $ | 2,883 |
Below Market Leases |  | $ | (102 | ) |  | $ | — |
The weighted average life in months of in-place leases, tenant relationships, above market leases and below market leases recorded at the time of acquisition as a result of the real estate property acquired during the nine months ended September 30, 2012 and 2011 is as follows:
|  | Nine Months Ended September 30, 2012 |  |  | Nine Months Ended September 30, 2011 |
In-Place Leases |  |  | 118 |  |  |  | 56 |
Tenant Relationships |  |  | 178 |  |  |  | 116 |
Above Market Leases |  |  | N/A |  |  |  | 56 |
Below Market Leases |  |  | 118 |  |  |  | N/A |
Summary Regarding Industrial Properties Included in Discontinued Operations |
|  | Three Months Ended September 30, 2012 |  |  | Three Months Ended September 30, 2011 |  |  | Nine Months Ended September 30, 2012 |  |  | Nine Months Ended September 30, 2011 |
Total Revenues |  | $ | 1,778 |  |  | $ | 4,271 |  |  | $ | 7,121 |  |  | $ | 14,394 |
Property Expenses |  |  | (635 | ) |  |  | (1,640 | ) |  |  | (2,852 | ) |  |  | (5,838 | )
Impairment of Real Estate |  |  | — |  |  |  | (1,387 | ) |  |  | (1,411 | ) |  |  | (4,828 | )
Depreciation and Amortization |  |  | (137 | ) |  |  | (1,150 | ) |  |  | (1,263 | ) |  |  | (3,320 | )
Interest Expense |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (63 | )
Gain on Sale of Real Estate |  |  | 4,420 |  |  |  | 6,010 |  |  |  | 12,005 |  |  |  | 13,351 |
Provision for Income Taxes |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2,048 | )
Income from Discontinued Operations |  | $ | 5,426 |  |  | $ | 6,104 |  |  | $ | 13,600 |  |  | $ | 11,648 |
Net Non-Cash Impairment Charges |
|  | Three Months Ended September 30, 2012 |  |  | Three Months Ended September 30, 2011 |  |  | Nine Months Ended September 30, 2012 |  |  | Nine Months Ended September 30, 2011 |
Operating Properties—Held for Sale and Sold Assets |  | $ | — |  |  | $ | 1,387 |  |  | $ | 1,411 |  |  | $ | 4,828 |
Impairment—Discontinued Operations |  | $ | — |  |  | $ | 1,387 |  |  | $ | 1,411 |  |  | $ | 4,828 |
Land Parcels—Sold Assets |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (5,879 | )
Operating Properties—Held for Use |  |  | — |  |  |  | 1,173 |  |  |  | (165 | ) |  |  | (617 | )
Land Parcels—Held for Use |  |  | — |  |  |  | (40 | ) |  |  | — |  |  |  | (635 | )
Impairment—Continuing Operations |  | $ | — |  |  | $ | 1,133 |  |  | $ | (165 | ) |  | $ | (7,131 | )
Total Net Impairment |  | $ | — |  |  | $ | 2,520 |  |  | $ | 1,246 |  |  | $ | (2,303 | )
Fair Value Measurements on Non-Recurring Basis |
|  |  |  |  | Fair Value Measurements on a Non-Recurring Basis Using: |
Description |  | Nine Months Ended September 30, 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 or Sold* |  | $ | 25,502 |  |  |  | — |  |  |  | — |  |  | $ | 25,502 |  |  | $ | (5,444 | )
Long-lived Assets Held and Used* |  | $ | 64,604 |  |  |  | — |  |  |  | — |  |  | $ | 64,604 |  |  |  | (3,369 | )
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (8,813 | )
* | Excludes industrial properties and land parcels for which an impairment reversal of $11,116 was recorded during the nine months ended September 30, 2011, since the related assets are recorded at carrying value, which is lower than estimated fair value at September 30, 2011.

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