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Fair Value Measurements (Details) (USD $) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2012 | Dec. 31, 2011
Fair Value Measurements |  |  |
Mortgage loans receivable | $ 48,268,000 | $ 53,081,000 |
Marketable securities |  | 6,485,000 | [1]
Bonds payable | 2,635,000 | 3,200,000 |
Bank borrowings | 35,500,000 | 56,000,000 |
Senior unsecured notes | 185,800,000 | 100,000,000 |
Earn-out liabilities | 6,634,000 | 6,305,000 |
Discount rate used to value future cash inflows of the mortgage loans receivable (as a percent) | 6.00% | 6.00% |
Fair value of marketable debt securities as a percentage of quoted market price |  | 100.00% |
Discount rate used to value earn out liabilities (as a percent) | 6.60% | 6.80% |
Senior unsecured notes |  |  |
Fair Value Measurements |  |  |
Discount rate used to value future cash outflow (as a percent) |  | 4.80% |
5.74% senior unsecured term notes due January 14, 2019 |  |  |
Fair Value Measurements |  |  |
Discount rate used to value future cash outflow (as a percent) | 3.80% |  |
4.80% senior unsecured term notes due July 20, 2021 |  |  |
Fair Value Measurements |  |  |
Discount rate used to value future cash outflow (as a percent) | 4.00% |  |
Carrying Value |  |  |
Fair Value Measurements |  |  |
Mortgage loans receivable | 48,628,000 | 53,081,000 |
Marketable securities |  | 6,485,000 |
Bonds payable | 2,635,000 | 3,200,000 |
Bank borrowings | 35,500,000 | 56,000,000 |
Senior unsecured notes | 185,800,000 | 100,000,000 |
Earn-out liabilities | 6,634,000 | 6,305,000 |
Fair Value |  |  |
Fair Value Measurements |  |  |
Bonds payable | 2,635,000 | 3,200,000 |
Bank borrowings | 35,500,000 | 56,000,000 |
Fair Value | Level 2 |  |  |
Fair Value Measurements |  |  |
Marketable securities |  | 6,500,000 |
Fair Value | Level 3 |  |  |
Fair Value Measurements |  |  |
Mortgage loans receivable | 55,180,000 | 61,844,000 |
Senior unsecured notes | 197,646,000 | 101,223,000 |
Earn-out liabilities | $ 6,634,000 | $ 6,305,000 |
[1] | At December 31, 2011, we had a $6,500 face value investment in marketable securities issued by an entity that qualifies as a related party because the entity's Chief Executive Officer is on our Board of Directors. See Note 9. Transactions with Related Party for further discussion.

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- Definition The balance represents the amount of loans that are secured by real estate mortgages, offset by the reserve to cover probable credit losses on the loan portfolio. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 60 -Paragraph 47 -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 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.1(c)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Subparagraph c -Article 7 + Details
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