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Discontinued Operations And Land Dispositions (Tables) | 9 Months Ended
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Sep. 30, 2012
Discontinued Operations And Land Dispositions [Abstract] |
Schedule Of The Components Of Income (Loss) From Discontinued Operations |
|  | Three months ended September 30, |  | Nine months ended September 30,
|  | 2012 |  | 2011 |  | 2012 |  | 2011
Revenues: |  |  |  |  |  |  |  |
Rents |  | $ 4,409,000 |  | $ 6,466,000 |  | $ 13,907,000 |  | $ 20,808,000
Expense recoveries |  | 1,059,000 |  | 1,654,000 |  | 3,557,000 |  | 5,139,000
Other |  | 30,000 |  | 10,000 |  | 89,000 |  | 369,000
Total revenues |  | 5,498,000 |  | 8,130,000 |  | 17,553,000 |  | 26,316,000
Expenses: |  |  |  |  |  |  |  |
Operating, maintenance and management |  | 1,524,000 |  | 2,041,000 |  | 5,303,000 |  | 7,191,000
Real estate and other property-related taxes |  | 973,000 |  | 1,334,000 |  | 2,979,000 |  | 4,129,000
Depreciation and amortization |  | - |  | 1,652,000 |  | 21,000 |  | 5,256,000
Interest expense |  | 1,776,000 |  | 2,476,000 |  | 5,622,000 |  | 6,885,000
Total expenses |  | 4,273,000 |  | 7,503,000 |  | 13,925,000 |  | 23,461,000
Income from discontinued operations before |  |  |  |  |  |  |  |
impairments |  | 1,225,000 |  | 627,000 |  | 3,628,000 |  | 2,855,000
Impairment (charges)/reversals,net |  | - |  | (64,671,000) |  | 1,138,000 |  | (87,287,000)
Income (loss) from discontinued operations |  | $ 1,225,000 |  | $ (64,044,000) |  | $ 4,766,000 |  | $ (84,432,000)
Gain on sales of discontinued operations |  | $ - |  | $ - |  | $ 750,000 |  | $ 502,000
Schedule Of Transactions Related To Properties Held For Sale/Conveyance |
|  | Percent |  |  |  | Date |  | Sales |  | Gain on
Property |  | Owned |  | Location |  | Sold |  | Price |  | Sale
Discontinued operations: |  |  |  |  |  |  |  |  |  |
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 |  | -
|  |  |  |  |  |  |  | $ 20,171,000 |  | $ 750,000
Continuing operations: |  |  |  |  |  |  |  |  |  |
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 |  | -
Trindle Springs (land parcel) |  | 100% |  | Mechanicsburg, PA |  | 7/20/2012 |  | 800,000 |  | -
Aston (land parcel) |  | 100% |  | Aston, PA |  | 7/27/2012 |  | 1,365,000 |  | 402,000
|  |  |  |  |  |  |  | $ 3,367,000 |  | $ 481,000

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- Definition Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 43, 44, 45, 47, 48 -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 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760 + Details
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