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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Rental income $ 112,223 $ 97,475 $ 86,021
Interest income 11,429 19,161 19,698
Expense reimbursements 22,388 20,499 19,435
Lease termination income 96 290 2,751
Management fee income 1,677 1,424 1,961
Other 2,348 2,196 4,579
Total revenues 150,161 141,045 134,445
Operating Expenses      
Property operating 29,371 29,223 28,143
Real estate taxes 18,686 17,255 15,848
General and administrative 23,086 20,220 22,006
Depreciation and amortization 32,986 28,808 27,612
Abandonment of project costs 0 0 2,487
Reserve for notes receivable 0 0 1,734
Total operating expenses 104,129 95,506 97,830
Operating income 46,032 45,539 36,615
Equity in earnings (losses) of unconsolidated affiliates 1,555 10,971 (1,529)
Impairment of investment in unconsolidated affiliate 0 0 (3,768)
Other interest income 276 408 642
Gain from bargain purchase 0 33,805 0
Gain on debt extinguishment 1,268 0 7,057
Interest and other finance expense (37,109) (40,498) (35,632)
Income from continuing operations before income taxes 12,022 50,225 3,385
Income tax provision 474 2,890 1,541
Income from continuing operations 11,548 47,335 1,844
Discontinued Operations      
Operating income from discontinued operations 2,262 3,332 3,719
Loss on Impairment of asset (6,925) 0 0
Gain on sale of property 46,830 0 7,143
Income from discontinued operations 42,167 3,332 10,862
Net income 53,715 50,667 12,706
Noncontrolling interests      
Continuing operations 8,514 (19,075) 24,730
Discontinued operations (10,674) (1,535) (6,303)
Net (income) loss attributable to noncontrolling interests (2,160) (20,610) 18,427
Net income attributable to Common Shareholders $ 51,555 $ 30,057 $ 31,133
Basic Earnings per Share      
Income from continuing operations $ 0.50 $ 0.70 $ 0.70
Income from discontinued operations $ 0.77 $ 0.05 $ 0.12
Basic earnings per share $ 1.27 $ 0.75 $ 0.82
Diluted Earnings per Share      
Income from continuing operations $ 0.49 $ 0.70 $ 0.70
Income from discontinued operations $ 0.77 $ 0.04 $ 0.12
Diluted earnings per share $ 1.26 $ 0.74 $ 0.82