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Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information (unaudited)
The following tables summarize our quarterly financial information. The first, second and third fiscal quarters of 2014 and all fiscal quarters in 2013 have been revised in accordance with guidance on accounting for discontinued operations. Net Income (Loss) Available to Unitholders and Participating Securities and basic and diluted EPU from Net Income (Loss) Available to Unitholders have not been affected. 
 
Year Ended December 31, 2014
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
73,536

 
$
74,082

 
$
76,210

 
$
78,777

Equity in Income of Other Real Estate Partnerships
3,094

 
2,516

 
4,775

 
3,826

Equity in Income (Loss) of Joint Ventures
2,966

 
556

 
(14
)
 
(9
)
Income from Continuing Operations
4,218

 
3,281

 
10,145

 
8,043

Income from Discontinued Operations
860

 
946

 
12,073

 
11,702

Loss on Sale of Real Estate

 

 

 
(83
)
Net Income
5,078

 
4,227

 
22,218

 
19,662

Preferred Unit Distributions
(1,019
)
 

 

 

Redemption of Preferred Units
(1,462
)
 

 

 

Net Income Available to Unitholders and Participating Securities
2,597

 
4,227

 
22,218

 
19,662

Income from Continuing Operations Allocable to Participating Securities
(21
)
 
(33
)
 
(41
)
 
(32
)
Income from Discontinued Operations Allocable to Participating Securities
(10
)
 
(10
)
 
(49
)
 
(47
)
Net Income Available to Unitholders
$
2,566

 
$
4,184

 
$
22,128

 
$
19,583

Basic Earnings Per Unit:
 
 
 
 
 
 
 
Income from Continuing Operations Available to Unitholders
$
0.01

 
$
0.03

 
$
0.09

 
$
0.07

Income from Discontinued Operations Attributable to Unitholders
$
0.01

 
$
0.01

 
$
0.10

 
$
0.10

Net Income Available to Unitholders
$
0.02

 
$
0.04

 
$
0.19

 
$
0.17

Diluted Earnings Per Unit:
 
 
 
 
 
 
 
Income from Continuing Operations Available to Unitholders
$
0.01

 
$
0.03

 
$
0.09

 
$
0.07

Income from Discontinued Operations Attributable to Unitholders
$
0.01

 
$
0.01

 
$
0.10

 
$
0.10

Net Income Available to Unitholders
$
0.02

 
$
0.04

 
$
0.19

 
$
0.17

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units —Basic
114,245

 
114,278

 
114,512

 
114,512

LTIP Unit Awards
539

 
589

 
199

 
287

Weighted Average Units —Diluted
114,784

 
114,867

 
114,711

 
114,799

 
 
Year Ended December 31, 2013
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Total Revenues
$
68,791

 
$
70,019

 
$
69,377

 
$
71,540

Equity in Income of Other Real Estate Partnerships
2,172

 
2,399

 
4,546

 
2,486

Equity in Income of Joint Ventures
20

 
27

 
72

 
17

Income (Loss) from Continuing Operations
299

 
(1,548
)
 
4,958

 
2,284

(Loss) Income from Discontinued Operations
(1,689
)
 
12,941

 
3,559

 
19,809

Gain on Sale of Real Estate, Net of Income Tax
262

 

 
221

 
337

Net (Loss) Income
(1,128
)
 
11,393

 
8,738

 
22,430

Preferred Unit Distributions
(3,837
)
 
(2,277
)
 
(1,392
)
 
(1,227
)
Redemption of Preferred Units

 
(3,546
)
 
(2,121
)
 

Net (Loss) Income Available to Unitholders and Participating Securities
(4,965
)
 
5,570

 
5,225

 
21,203

Income from Continuing Operations Allocable to Participating Securities
(36
)
 

 
(13
)
 
(6
)
Income from Discontinued Operations Allocable to Participating Securities

 
(42
)
 
(29
)
 
(85
)
Net (Loss) Income Available to Unitholders
$
(5,001
)
 
$
5,528

 
$
5,183

 
$
21,112

Basic Earnings Per Unit:
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations Available to Unitholders
$
(0.03
)
 
$
(0.06
)
 
$
0.01

 
$
0.01

(Loss) Income from Discontinued Operations Attributable to Unitholders
$
(0.02
)
 
$
0.11

 
$
0.03

 
$
0.18

Net (Loss) Income Available to Unitholders
$
(0.05
)
 
$
0.05

 
$
0.04

 
$
0.19

Diluted Earnings Per Unit:
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations Available to Unitholders
$
(0.03
)
 
$
(0.06
)
 
$
0.01

 
$
0.01

(Loss) Income from Discontinued Operations Attributable to Unitholders
$
(0.02
)
 
$
0.11

 
$
0.03

 
$
0.17

Net (Loss) Income Available to Unitholders
$
(0.05
)
 
$
0.05

 
$
0.04

 
$
0.18

Weighted Average Units Basic/Diluted (In Thousands):
 
 
 
 
 
 
 
Weighted Average Units —Basic
105,477

 
112,808

 
114,089

 
114,089

LTIP Unit Awards

 

 
407

 
485

Weighted Average Units —Diluted
105,477

 
112,808

 
114,496

 
114,574