XML 71 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity Investment in Real Estate and the Managed REITs (Tables)
12 Months Ended
Dec. 31, 2012
Equity Investments in Real Estate and the Managed REITs  
Schedule Of Income From Equity Investment
            
    Years Ended December 31,  
    2012 2011 2010 
Equity earnings from equity investments in the Managed REITs  $ 5,509 $ 16,928 $ 10,480
Other-than-temporary impairment charges on CPA®:16 – Global operating partnership    (9,910)   -   -
Distributions of Available Cash (Note 4)    30,009   15,535   4,468
Deferred revenue earned (Note 4)    8,492   5,662   -
 Equity income from the Managed REITs    34,100   38,125   14,948
Equity earnings from other equity investments    28,292   13,103   16,044
 Total income from equity investments in real estate and the Managed REITs  $ 62,392 $ 51,228 $ 30,992
            
Carrying Amount Of Investment In Funds
             
   % of Outstanding Shares Owned at Carrying Amount of Investment at
Fund  December 31, 2012 December 31, 2011 December 31, 2012 (a) December 31, 2011
CPA®:15(b)  (c) 7.7% $ -  $ 93,650
CPA®:16 – Global (d) (e) (f) 18.3% 17.9%   313,441    338,964
CPA®:17 – Global(g) 1.3% 0.9%   38,977    21,277
CWI  0.4% 0.5%   727    121
       $ 353,145  $ 454,012
             
Schedule Of Financial Information Of Investment
      
 December 31,
 2012 2011
Assets$ 8,052,546 $ 9,184,111
Liabilities  (3,959,756)   (4,896,116)
Redeemable noncontrolling interests  (21,747)   (21,306)
Noncontrolling interests  (170,140)   (330,873)
Stockholders’ equity$ 3,900,903 $ 3,935,816
      

          
  Years Ended December 31,
  2012 2011 2010
Revenues  $ 809,364 $ 789,933 $ 737,369
Expenses (a) (b)  (626,422)   (599,822)   (501,216)
Income from continuing operations $ 182,942 $ 190,111 $ 236,153
Net income attributable to the Managed REITs (c) (d)$ 123,815 $ 123,479 $ 189,155
          
Ownership Interests and Carrying Values in Equity Investments
          
   Ownership Interest Carrying Value at December 31,
Lessee  at December 31, 2012 2012 2011
Schuler A.G. (a) (b) (c) (d) 67% $ 62,006 $ 19,958
Hellweg Die Profi-Baumarkte GmbH & Co. KG (Hellweg 2) (a) (c) 45%   42,387   1,062
Advanced Micro Devices (b) (e) 33%   23,667   -
The New York Times Company(f) 18%   20,584   19,647
C1000 Logistiek Vastgoed B.V. (a) (b) (e)  15%   14,929   -
Del Monte Corporation (b) (e) 50%   8,318   -
U. S. Airways Group, Inc. (b) (g) 75%   7,995   7,415
The Talaria Company (Hinckley) (e) (h) 30%   7,702   -
The Upper Deck Company (b) (e) 50%   7,198   -
Waldaschaff Automotive GmbH and Wagon Automotive Nagold GmbH (a) (e) 33%   6,323   -
Builders FirstSource, Inc. (e)  40%   5,138   -
PETsMART, Inc. (e) 30%   3,808   -
Consolidated Systems, Inc. (b)  60%   3,278   3,387
Carrefour France, SAS (a) (i)   -   20,014
Médica – France, S.A. (a) (j)   -   4,430
Hologic, Inc.  (i)   -   4,429
Childtime Childcare, Inc.  (i)   -   4,419
Symphony IRI Group, Inc. (k) (l) (m) (i)   -   (24)
SaarOTEC (a) (e) (l) 50%   (116)   -
Wanbishi Archives Co. Ltd. (a) (l) (n) 3%   (736)   -
     $ 212,481 $ 84,737
          
Financial Information of Venture Properties
      
 December 31,
 2012 2011
Assets$ 1,286,294 $ 1,026,124
Liabilities  (799,422)   (706,244)
Redeemable noncontrolling interest  (21,747)   (21,306)
Partners’/members’ equity$ 465,125 $ 298,574
      

             
     Years Ended December 31,
    2012 2011 2010
Revenues     $ 108,242 $ 118,819 $ 146,214
Expenses       (64,453)   (75,992)   (79,665)
Impairment charges (b)     -   (8,602)   -
Income from continuing operations     $ 43,789 $ 34,225 $ 66,549
Net income attributable to equity method investees (a) (b)   $ 79,591 $ 34,225 $ 66,549