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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Rental Income $ 57,092 $ 55,276 $ 113,320 $ 109,260
Tenant Recoveries and Other Income 17,654 16,025 34,861 32,149
Total Revenues 74,746 71,301 148,181 141,409
Expenses:        
Property Expenses 24,700 22,662 49,277 45,722
General and Administrative 5,388 5,916 11,844 11,475
Impairment of Real Estate 1,429 0 1,429 19
Depreciation and Other Amortization 26,179 26,133 50,307 53,539
Total Expenses 57,696 54,711 112,857 110,755
Other Income (Expense):        
Interest Income 621 697 1,207 1,643
Interest Expense (17,284) (19,695) (34,932) (40,904)
Amortization of Deferred Financing Costs (788) (799) (1,590) (1,622)
Mark-to-Market Gain (Loss) on Interest Rate Protection Agreements 56 (429) 52 (305)
Loss from Retirement of Debt (4,222) (6,223) (5,372) (6,222)
Total Other Income (Expense) (21,617) (26,449) (40,635) (47,410)
Loss from Continuing Operations Before Equity in Income of Other Real Estate Partnerships, Equity in Income of Joint Ventures, Gain on Change in Control of Interests and Income Tax (Provision) Benefit (4,567) (9,859) (5,311) (16,756)
Equity in Income of Other Real Estate Partnerships 2,399 2,468 4,571 3,566
Equity in Income of Joint Ventures 27 37 47 128
Gain on Change in Control of Interests 0 0 0 776
Income Tax (Provision) Benefit (3) (5,354) 59 (5,263)
Loss from Continuing Operations (2,144) (12,708) (634) (17,549)
Discontinued Operations:        
Income Attributable to Discontinued Operations 56 949 230 695
Gain on Sale of Real Estate 13,481 1,415 10,407 7,614
Income from Discontinued Operations 13,537 2,364 10,637 8,309
Income (Loss) Before Gain on Sale of Real Estate 11,393 (10,344) 10,003 (9,240)
Gain on Sale of Real Estate 0 0 262 0
Net Income (Loss) 11,393 (10,344) 10,265 (9,240)
Less: Preferred Unit Distributions (2,277) (4,798) (6,114) (9,560)
Less: Redemption of Preferred Units (3,546) 0 (3,546) 0
Net Income (Loss) Available to Unitholders and Participating Securities 5,570 (15,142) 605 (18,800)
Basic and Diluted Earnings Per Unit:        
Loss from Continuing Operations Available to Unitholders $ (0.07) $ (0.19) $ (0.09) $ (0.29)
Income from Discontinued Operations Attributable to Unitholders $ 0.12 $ 0.03 $ 0.10 $ 0.09
Net Income (Loss) Available to Unitholders $ 0.05 $ (0.16) $ 0.01 $ (0.20)
Distributions Per Unit $ 0.085 $ 0.00 $ 0.17 $ 0.00
Weighted Average Units Outstanding 112,808 93,106 109,163 92,458
Net Income (Loss) Available to Unitholders Attributable to:        
General Partner 5,325 (14,304) 580 (17,755)
Limited Partners 245 (838) 25 (1,045)
Net Income (Loss) Available to Unitholders and Participating Securities $ 5,570 $ (15,142) $ 605 $ (18,800)