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Discontinued Operations And Land Dispositions (Tables) | 6 Months Ended
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Jun. 30, 2012
Discontinued Operations And Land Dispositions [Abstract] |
Schedule Of The Components Of Income (Loss) From Discontinued Operations |
|  | Three months ended June 30, |  | Six months ended June 30,
|  | 2012 |  | 2011 |  | 2012 |  | 2011
Revenues: |  |  |  |  |  |  |  |
Rents |  | $ 4,428,000 |  | $ 6,551,000 |  | $ 9,504,000 |  | $ 14,326,000
Expense recoveries |  | 1,098,000 |  | 1,422,000 |  | 2,498,000 |  | 3,487,000
Other |  | 19,000 |  | 29,000 |  | 58,000 |  | 363,000
Total revenues |  | 5,545,000 |  | 8,002,000 |  | 12,060,000 |  | 18,176,000
Expenses: |  |  |  |  |  |  |  |
Operating, maintenance and management |  | 1,891,000 |  | 1,958,000 |  | 3,784,000 |  | 5,151,000
Real estate and other property-related taxes |  | 819,000 |  | 1,352,000 |  | 2,005,000 |  | 2,758,000
Depreciation and amortization |  | - |  | 1,768,000 |  | 21,000 |  | 3,604,000
Interest expense |  | 1,891,000 |  | 2,146,000 |  | 3,847,000 |  | 4,416,000
|  | 4,601,000 |  | 7,224,000 |  | 9,657,000 |  | 15,929,000
Income from discontinued operations before |  |  |  |  |  |  |  |
impairments |  | 944,000 |  | 778,000 |  | 2,403,000 |  | 2,247,000
Impairment (charges)/reversals |  | - |  | (12,258,000) |  | 1,138,000 |  | (22,544,000)
Income (loss) from discontinued operations |  | $ 944,000 |  | $ (11,480,000) |  | $ 3,541,000 |  | $ (20,297,000)
Gain on sales of discontinued operations |  | $ 293,000 |  | $ 474,000 |  | $ 750,000 |  | $ 474,000
Schedule Of Transactions Related To Properties Held For Sale/Conveyance |
|  | Percent |  |  |  | Date |  | Sales |  | Gain on
Property |  | Owned |  | Location |  | Sold |  | Price |  | Sale
Hilliard Discount Drug Mart Plaza |  | 100% |  | Hilliard, OH |  | 2/7/2012 |  | $ 1,434,000 |  | $ -
First Merit Bank at Akron |  | 100% |  | Akron, OH |  | 2/23/2012 |  | 633,000 |  | -
Grove City Discount Drug Mart Plaza |  | 100% |  | Grove City, OH |  | 3/12/2012 |  | 1,925,000 |  | -
CVS at Naugatuck |  | 50% |  | Naugatuck, CT |  | 3/20/2012 |  | 3,350,000 |  | 457,000
CVS at Bradford |  | 100% |  | Bradford, PA |  | 3/30/2012 |  | 967,000 |  | -
CVS at Celina |  | 100% |  | Celina, OH |  | 3/30/2012 |  | 1,449,000 |  | -
CVS at Erie |  | 100% |  | Erie, PA |  | 3/30/2012 |  | 1,278,000 |  | -
CVS at Portage Trail |  | 100% |  | Akron, OH |  | 3/30/2012 |  | 1,061,000 |  | -
Rite Aid at Massillon |  | 100% |  | Massillon, OH |  | 3/30/2012 |  | 1,492,000 |  | -
Kingston Plaza |  | 100% |  | Kingston, NY |  | 4/12/2012 |  | 1,182,000 |  | 293,000
Stadium Plaza |  | 100% |  | East Lansing, MI |  | 5/3/2012 |  | 5,400,000 |  | -
Blue Mountain Commons (land parcel) |  | 100% |  | Harrisburg. PA |  | 6/19/2012 |  | 102,000 |  | 79,000
Oregon Pike (land parcel) |  | 100% |  | Lancaster, PA |  | 6/28/2012 |  | 1,100,000 |  | -
|  |  |  |  |  |  |  | $ 21,373,000 |  | $ 829,000

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