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Investment in Real Estate (Tables) | 9 Months Ended
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Sep. 30, 2013
Investment in Real Estate [Abstract] |
Summary Regarding Industrial Properties Included in Discontinued Operations | The following table discloses certain information regarding the industrial properties included in discontinued operations for the three and nine months ended September 30, 2013 and 2012:
| Three Months Ended September 30, 2013 |  | Three Months Ended September 30, 2012 |  | Nine Months Ended September 30, 2013 |  | Nine Months Ended September 30, 2012
Total Revenues | $ | 249 |  |  | $ | 3,249 |  |  | $ | 2,752 |  |  | $ | 12,087 |
Property Expenses | 26 |  |  | (1,273 | ) |  | (1,032 | ) |  | (4,920 | )
Impairment of Real Estate | — |  |  | — |  |  | (176 | ) |  | (1,503 | )
Depreciation and Amortization | (59 | ) |  | (1,010 | ) |  | (816 | ) |  | (3,927 | )
Gain on Sale of Real Estate | 5,243 |  |  | 4,420 |  |  | 15,650 |  |  | 12,005 |
Income from Discontinued Operations | $ | 5,459 |  |  | $ | 5,386 |  |  | $ | 16,378 |  |  | $ | 13,742 |
Net Non-Cash Impairment Charges | During the three and nine months ended September 30, 2013 and 2012, we recorded the following net non-cash impairment charges:
| Three Months Ended September 30, 2013 |  | Three Months Ended September 30, 2012 |  | Nine Months Ended September 30, 2013 |  | Nine Months Ended September 30, 2012
Sold or Held for Sale Operating Properties—Discontinued Operations | $ | — |  |  | $ | — |  |  | $ | 176 |  |  | $ | 1,503 |
Operating Properties Not Held For Sale—Continuing Operations | 1,047 |  |  | — |  |  | 2,476 |  |  | (257 | )
Total Net Impairment | $ | 1,047 |  |  | $ | — |  |  | $ | 2,652 |  |  | $ | 1,246 |
Fair Value Measurements on a Nonrecurring Basis | The following table presents information about our real estate assets that were measured at fair value on a non-recurring basis during the nine months ended September 30, 2013. The table indicates the fair value hierarchy of the valuation techniques we utilized to determine fair value.
| Fair Value Measurements on a Non-Recurring Basis Using: |  |
Description | At September 30, 2013 |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Unobservable Inputs (Level 3) |  | Total Impairment for the Nine Months Ended
Long-lived Assets Not Held For Sale* | $ | 6,875 |  |  | — |  |  | — |  |  | $ | 6,875 |  |  | $ | (1,047 | )
_____________________ |  |  |  |  |  |  |  |  |
* Excludes industrial properties for which impairment of $1,605 was recorded during the nine months ended September 30, 2013 since the related assets are sold or recorded at carrying value, which is lower than estimated fair value at September 30, 2013.
Quantitative Information about Level 3 Fair Value Measurements | The following table presents quantitative information about the Level 3 fair value measurements at September 30, 2013.
Quantitative Information about Level 3 Fair Value Measurements:
Description |  | Fair Value |  | Valuation Technique |  | Unobservable Inputs |  | Range
One industrial property comprising approximately 0.5 million square feet of GLA |  | $ | 6,875 |  |  | Contracted Price |  | (A) |  | N/A
(A) The fair value for the property is based upon the value of a third party purchase contract, which is subject to our corroboration for reasonableness.

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 33 -Subparagraph a, b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19296-110258 + Details
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- Definition Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 43, 44, 45, 47, 48 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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