XML 48 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2011

Significant Accounting Policies

Schedule of estimated useful lives of real estate assets

Category		Years
Commercial buildings		39
Building improvements		15-39
Fixtures and equipment		3-7

Schedule of estimated annual amortization expense for succeeding five years for acquired in-place lease and above-market leases

		Year Ended
(in thousands)		December 31,
2012		$	15,150
2013		16,018
2014		15,085
2015		14,374
2016		11,194
2017 and thereafter		19,792

Schedule of estimated annual amortization for unfavorable leases

(in thousands)
2012		$	1,454
2013		1,357
2014		1,235
2015		1,182
2016		809
2017 and thereafter		1,581

Schedule of estimated annual amortization for deferred leasing commissions

(in thousands)
2012		$	3,928
2013		3,590
2014		3,263
2015		2,800
2016		2,451
2017 and thereafter		6,609

Summary of rental revenue

		Year Ended December 31,
(in thousands)		2011			2010			2009
Income from leases		$	99,336		$	87,667		$	93,870
Reimbursable expenses		26,108			24,549			27,084
Straight-line rent adjustment		9,900			3,913			1,778
Amortization of favorable and unfavorable leases		47			(1,491		)	(3,391		)
		$	135,391		$	114,638		$	119,341

X

- Definition

Tabular disclosure of the estimated aggregate amortization income for intangible liabilities subject to amortization for each of the five succeeding fiscal years.

+ References

No definition available.

+ Details

Name:	fsp_ScheduleOfExpectedAmortizationIncomeTableTextBlock
Namespace Prefix:	fsp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the estimated aggregate amortization for deferred leasing commissions for each of the five succeeding fiscal years.

+ References

No definition available.

+ Details

Name:	fsp_ScheduleOfExpectedAmortizationOfDeferredLeasingCommissionsTableTextBlock
Namespace Prefix:	fsp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 5

-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 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph b

-Article 5



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-Paragraph 37

-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 280

-SubTopic 10

-Section 50

-Paragraph 40

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the estimated aggregate amortization expense for intangible assets subject to amortization for each of the five succeeding fiscal years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Topic 350

-SubTopic 30

-Publisher FASB

-Number

-Article

-Subparagraph (a)

-Name Accounting Standards Codification

-Paragraph 2

-Section 50

-URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleOfExpectedAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration