Impairment of Certain Real Estate Assets (Tables)

12 Months Ended

Dec. 31, 2011

Impairment of Certain Real Estate Assets [Abstract]

Details of Impairment of Long-Lived Assets Held and Used by Asset

Piedmont recorded the following impairment charges as a component of income from continuing operations for the years ended December 31, 2011, 2010, and 2009 (in thousands):



	2011		2010			2009
Impairment losses recorded in real estate operating expenses:
Auburn Hills Corporate Center	$	—	$	—		$	10,173
1111 Durham Avenue	—		—			14,274
1441 West Long Lake Road	—		—			10,616
Impairment losses on real estate assets	$	—	$	—	⁽¹⁾	$	35,063


⁽¹⁾	During the year ended December 31, 2010, Piedmont recorded an impairment charge of approximately $9.6 million on the 111 Sylvan Avenue building as a component of discontinued operations. See Note 17 below for further detail.

Fair Value, Assets Measured on Nonrecurring Basis, Unobservable Input Reconciliation

The following amounts represent the detail of the adjustments recognized during the year ended December 31, 2009 using Level 3 inputs (in thousands):



Wholly-Owned Properties	Net Book Value		Impairment Recognized		Fair Value
Auburn Hills Corporate Center	$	17,633	$	10,173	$	7,460
1111 Durham Avenue	27,984		14,274		13,710
1441 West Long Lake Road	17,141		10,616		6,525
	$	62,758	$	35,063	$	27,695

- Definition

Tabular disclosure for impairment of long-lived assets held and used by an entity which includes a description of the impaired long-lived asset and facts and circumstances leading to the impairment, aggregate amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired long-lived asset is reported.

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