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MORTGAGES NOTES PAYABLE (Details) (USD $)
3 Months Ended 6 Months Ended 1 Months Ended 1 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Mar. 31, 2012
Chicago Illinois
Four Property Portfolio
properties
Mar. 31, 2012
Secured Credit Facilities - Variable-Rate
Fund III revolving subscription line of credit
Line of Credit
Jun. 30, 2012
Secured Credit Facilities - Variable-Rate
Fund III revolving subscription line of credit
Line of Credit
Jun. 30, 2012
Secured Credit Facilities - Variable-Rate
Fund II
Line of Credit
Jun. 30, 2012
LIBOR Plus 2.95% Mortgage Note
Mortgages
Jun. 30, 2012
LIBOR Plus 2.95% Mortgage Note
Mortgages
LIBOR
Jun. 30, 2012
6.35% Mortgage Note
Washington, D.C.
Shopping Center
Mortgages
Jun. 30, 2012
Disposal Property Loan, Mortgage Note
Mortgages
May 31, 2012
3.68% Mortgage Note
Mortgages
Apr. 30, 2012
LIBOR Plus 2.25% Construction Loan
Construction Loans
extension_options
Apr. 30, 2012
LIBOR Plus 2.25% Construction Loan
Construction Loans
LIBOR
Apr. 30, 2012
Mortgage Notes Maturing April 2012 [Member]
Mortgages
Apr. 30, 2012
Mortgage Notes Maturing April 2012 [Member]
Chicago Illinois
Lincoln Park Centre
Fund III revolving subscription line of credit
Mortgages
Apr. 30, 2012
LIBOR Plus 1.9% Mortgage Note
Mortgages
Apr. 30, 2012
LIBOR Plus 1.9% Mortgage Note
Mortgages
LIBOR
Mar. 31, 2012
5.62% Mortage Note
Chicago Illinois
Four Property Portfolio
Mortgages
Mar. 31, 2012
5.55% Mortage Note
Chicago Illinois
Four Property Portfolio
Mortgages
Feb. 29, 2012
6.26% Mortage Note
Cambridge Massachusetts
Single Tenant Property
Mortgages
extension_options
Feb. 29, 2012
Mortgage Notes Payable - Variable-Rate
Mortgages
LIBOR
Debt Instrument [Line Items]                                          
Line of credit facility, repayments       $ 53,100,000   $ 7,600,000                              
Line of credit facility, amount outstanding         82,900,000 32,400,000                              
Mortgages payable 853,924,000 779,650,000         22,800,000       4,300,000 69,600,000   73,900,000   15,500,000          
Business Acquisition, Debt Assumption                 16,500,000           19,800,000     14,500,000 1,500,000 7,000,000  
Interest rate                 6.35%   3.68%       5.85%     5.62% 5.55% 6.26%  
Repayments of Long-term Debt                   8,300,000                      
Long Term Debt, Debt Replaced by New Debt                       56,500,000                  
Debt Instrument, Increase, Additional Borrowings                           $ 23,600,000              
Number of Properties Collateralized (in properties)     4                                    
Number of loan extensions (in extension options)                       2               1  
Length of loan extension option             1 year       5 years 1 year               5 years  
LIBOR               LIBOR         LIBOR       LIBOR       LIBOR
Basis Spread               2.95%         2.25%       1.90%       2.00%