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CT Legacy REIT (Details) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Gross investment in CT Legacy REIT:    
Restricted cash $ 14,246 $ 12,985
Investment in CT Legacy Asset, at fair value 132,000   
Accounts payable, accrued expenses and other liabilities (21,209) (11,920)
Noncontrolling interests (80,009) 18,515
CT Legacy REIT
   
Gross investment in CT Legacy REIT:    
Restricted cash 14,246  
Investment in CT Legacy Asset, at fair value 132,000  
Accounts payable, accrued expenses and other liabilities (250)  
Noncontrolling interests (80,009)  
Investment in CT Legacy REIT, Gross 65,987  
Secured notes, including prepayment premium (1) (11,059) [1]  
Management incentive awards plan, fully vested (2) (9,855) [2]  
Net investment in CT Legacy REIT $ 45,073  
[1] Includes the full potential prepayment premium on secured notes, as described below. We carry this liability at its amortized basis of $8.5 million on our balance sheet as of December 31, 2012. The remaining interest and prepayment premium will be recognized, as applicable, over the term of the secured notes as a component of interest expense.
[2] Assumes full payment of the management incentive awards plan, as described below, based on a hypothetical GAAP liquidation value of CT Legacy REIT as of December 31, 2012. We periodically accrue a payable for the management incentive awards plan based on the vesting schedule for the awards and continued employment with an affiliate of our Manager of the award recipients. As of December 31, 2012, our balance sheet includes $5.3 million in accounts payable and accrued expenses for the management incentive awards plan.