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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 11,172 $ 35,148
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 27,495 23,670
Amortization of above market lease 20 (62)
Gain on sale of real estate assets   (21,939)
Equity in earnings of non-consolidated REITs (885) (2,844)
Distributions from non-consolidated REITs 993 2,318
Increase (decrease) in bad debt reserve 65 (365)
Changes in operating assets and liabilities:    
Restricted cash (40) (39)
Tenant rent receivables, net (8) 441
Straight-line rents, net (2,571) (5,176)
Lease acquisition costs (2,026) (55)
Prepaid expenses and other assets, net (1,512) 914
Accounts payable and accrued expenses (1,395) (726)
Accrued compensation (1,278) (733)
Tenant security deposits 105 546
Payment of deferred leasing commissions (1,513) (5,386)
Net cash provided by operating activities 28,622 25,712
Cash flows from investing activities:    
Purchase of real estate assets, office computers and furniture (7,112) (127,999)
Acquired real estate leases   (45,032)
Investments in non-consolidated REITs (1) (10)
Distributions in excess of earnings from non-consolidated REITs 834 664
Investment in related party mortgage loan receivable (37,020) (4,232)
Changes in deposits on real estate assets   200
Investment in assets held for syndication, net   (8,200)
Proceeds received on sales of real estate assets   96,790
Net cash used in investing activities (43,299) (87,819)
Cash flows from financing activities:    
Distributions to stockholders (31,516) (30,946)
Proceeds from equity offering, net   (90)
Borrowings under bank note payable 45,000 345,000
Repayment of bank note payable   (209,968)
Repayment of term loan payable   (74,850)
Deferred financing costs   (5,389)
Swap termination payment   (982)
Net cash provided by financing activities 13,484 22,775
Net decrease in cash and cash equivalents (1,193) (39,332)
Cash and cash equivalents, beginning of period 23,813 68,213
Cash and cash equivalents, end of period 22,620 28,881
Non-cash investing and financing activities:    
Accrued costs for purchase of real estate assets $ 1,090 $ 657