XML 37 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 9 - Subsequent Events
6 Months Ended
Jun. 30, 2012
Subsequent Events [Text Block]
9.     Subsequent Events

On June 18, 2012, the Company declared dividends for the second quarter 2012. On July 5, 2012, the Company paid dividends of $0.13 per share of common stock to all common stockholders of record as of June 29, 2012. On the same date, the operating partnerships paid a distribution of $0.13 per O.P. unit to all O.P. unit holders. Aggregate dividends and distributions amounted to approximately $13,687.

On July 10, 2012, the Company completed the sale of three vacant R&D properties consisting of approximately 149,000 rentable square feet located at 300 Montague Expressway, 324-368 Montague Expressway and 337 Trade Zone Boulevard in Milpitas, California. On the total cash sales price of $18,500, the Company will recognize a gain of approximately $3,389 in the third quarter of fiscal year 2012 and classify it as a gain from disposal of discontinued operations.