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v2.3.0.11

Segment Information | 6 Months Ended
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Jun. 30, 2011
Segment Information [Abstract] |
Segment Information | 13. Segment Information The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Rental and Other Revenues: (1) |  |  |  |  |  |  |  |  |  |  |  |  |
Office: |  |  |  |  |  |  |  |  |  |  |  |  |
Atlanta, GA |  | $ | 12,341 |  | $ | 12,065 |  | $ | 24,245 |  | $ | 24,198 |
Greenville, SC |  |  | 3,437 |  |  | 3,451 |  |  | 6,943 |  |  | 7,127 |
Kansas City, MO |  |  | 3,586 |  |  | 3,663 |  |  | 7,243 |  |  | 7,371 |
Memphis, TN |  |  | 10,077 |  |  | 7,328 |  |  | 20,180 |  |  | 15,196 |
Nashville, TN |  |  | 15,362 |  |  | 14,851 |  |  | 29,977 |  |  | 29,964 |
Orlando, FL |  |  | 2,619 |  |  | 3,059 |  |  | 4,937 |  |  | 6,064 |
Piedmont Triad, NC |  |  | 5,273 |  |  | 5,367 |  |  | 10,637 |  |  | 10,764 |
Raleigh, NC |  |  | 20,103 |  |  | 18,523 |  |  | 39,423 |  |  | 37,328 |
Richmond, VA |  |  | 11,668 |  |  | 11,483 |  |  | 23,047 |  |  | 23,276 |
Tampa, FL |  |  | 17,458 |  |  | 18,037 |  |  | 34,250 |  |  | 35,979 |
Total Office Segment |  |  | 101,924 |  |  | 97,827 |  |  | 200,882 |  |  | 197,267 |
Industrial: |  |  |  |  |  |  |  |  |  |  |  |  |
Atlanta, GA |  |  | 4,028 |  |  | 3,842 |  |  | 7,962 |  |  | 7,817 |
Piedmont Triad, NC |  |  | 2,825 |  |  | 3,044 |  |  | 5,803 |  |  | 6,065 |
Total Industrial Segment |  |  | 6,853 |  |  | 6,886 |  |  | 13,765 |  |  | 13,882 |
Retail: |  |  |  |  |  |  |  |  |  |  |  |  |
Kansas City, MO |  |  | 8,203 |  |  | 8,749 |  |  | 17,104 |  |  | 16,437 |
Total Retail Segment |  |  | 8,203 |  |  | 8,749 |  |  | 17,104 |  |  | 16,437 |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |
Kansas City, MO |  |  | 77 |  |  | 303 |  |  | 285 |  |  | 682 |
Total Residential Segment |  |  | 77 |  |  | 303 |  |  | 285 |  |  | 682 |
Total Rental and Other Revenues |  | $ | 117,057 |  | $ | 113,765 |  | $ | 232,036 |  | $ | 228,268 |
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Net Operating Income: (1) |  |  |  |  |  |  |  |  |  |  |  |  |
Office: |  |  |  |  |  |  |  |  |  |  |  |  |
Atlanta, GA |  | $ | 7,973 |  | $ | 7,828 |  | $ | 15,467 |  | $ | 15,461 |
Greenville, SC |  |  | 2,067 |  |  | 2,168 |  |  | 4,143 |  |  | 4,449 |
Kansas City, MO |  |  | 2,113 |  |  | 2,327 |  |  | 4,228 |  |  | 4,540 |
Memphis, TN |  |  | 5,462 |  |  | 4,223 |  |  | 11,224 |  |  | 9,507 |
Nashville, TN |  |  | 10,329 |  |  | 10,065 |  |  | 19,981 |  |  | 19,934 |
Orlando, FL |  |  | 1,285 |  |  | 1,723 |  |  | 2,451 |  |  | 3,336 |
Piedmont Triad, NC |  |  | 3,452 |  |  | 3,791 |  |  | 7,055 |  |  | 7,091 |
Raleigh, NC |  |  | 14,270 |  |  | 13,046 |  |  | 27,473 |  |  | 25,675 |
Richmond, VA |  |  | 8,232 |  |  | 8,405 |  |  | 16,092 |  |  | 16,355 |
Tampa, FL |  |  | 10,802 |  |  | 10,991 |  |  | 21,192 |  |  | 21,811 |
Total Office Segment |  |  | 65,985 |  |  | 64,567 |  |  | 129,306 |  |  | 128,159 |
Industrial: |  |  |  |  |  |  |  |  |  |  |  |  |
Atlanta, GA |  |  | 3,001 |  |  | 2,793 |  |  | 5,841 |  |  | 5,563 |
Piedmont Triad, NC |  |  | 2,107 |  |  | 2,328 |  |  | 4,332 |  |  | 4,375 |
Total Industrial Segment |  |  | 5,108 |  |  | 5,121 |  |  | 10,173 |  |  | 9,938 |
Retail: |  |  |  |  |  |  |  |  |  |  |  |  |
Kansas City, MO |  |  | 4,832 |  |  | 5,746 |  |  | 10,123 |  |  | 10,098 |
Total Retail Segment |  |  | 4,832 |  |  | 5,746 |  |  | 10,123 |  |  | 10,098 |
Residential: |  |  |  |  |  |  |  |  |  |  |  |  |
Kansas City, MO |  |  | (11 | ) |  | 188 |  |  | 93 |  |  | 426 |
Total Residential Segment |  |  | (11 | ) |  | 188 |  |  | 93 |  |  | 426 |
Total Net Operating Income |  |  | 75,914 |  |  | 75,622 |  |  | 149,695 |  |  | 148,621 |
Reconciliation to income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates: |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | (33,430 | ) |  | (33,260 | ) |  | (67,147 | ) |  | (65,898 | )
General and administrative expense |  |  | (7,978 | ) |  | (6,980 | ) |  | (15,771 | ) |  | (15,487 | )
Interest expense |  |  | (23,907 | ) |  | (22,934 | ) |  | (47,450 | ) |  | (46,047 | )
Interest and other income |  |  | 1,875 |  |  | 965 |  |  | 3,748 |  |  | 2,665 |
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates |  | $ | 12,474 |  | $ | 13,413 |  | $ | 23,075 |  | $ | 23,854 |
__________
(1) | Net of discontinued operations.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -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 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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