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Statement of Financial Position Statement (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Real estate assets, at cost:    
Property $ 213,889 $ 203,223
Accumulated depreciation (42,185) (38,989)
Net operating real estate assets 171,704 164,234
Real estate assets held-for-sale, net 1,168 1,164
Total real estate assets 172,872 165,398
Cash and cash equivalents 57,776 17,591
Marketable securities 9,381 0
Escrows and acquisition deposits 2,491 4,385
Accrued rents and accounts receivable, net of allowance for doubtful accounts 4,998 4,691
Unamortized lease commissions and loan costs 3,684 3,574
Prepaid expenses and other assets 840 746
Other assets - discontinued operations 86 60
Total assets 252,128 196,445
Liabilities:    
Notes payable 103,050 100,941
Accounts payable and accrued expenses 5,825 7,208
Tenants' security deposits 1,824 1,768
Dividends and distributions payable 3,647 2,133
Other liabilities - discontinued operations 68 112
Total liabilities 114,414 112,162
Equity:    
Preferred shares, $0.001 par value per share; 50,000,000 shares authorized; none issued and outstanding at March 31, 2011 and December 31, 2010, respectively 0 0
Additional paid-in capital 153,170 93,357
Accumulated other comprehensive loss (168) 0
Accumulated deficit (35,799) (30,654)
Total Whitestone REIT shareholders' equity 117,213 62,708
Noncontrolling interests in subsidiary 20,501 21,575
Total equity 137,714 84,283
Total liabilities and equity 252,128 196,445
Class A common shares, $0.001 par value per share; 50,000,000 shares authorized; 3,471,157 and 3,471,187 issued and outstanding as of June 30, 2011 and December 31, 2010, respectively [Member]
   
Equity:    
Common shares 3 3
Total equity 3 3
Class B common shares, $0.001 par value per share; 350,000,000 shares authorized; 7,510,000 and 2,200,000 issued and outstanding as of June 30, 2011 and December 31, 2010, respectively [Member]
   
Equity:    
Common shares 7 2
Total equity $ 7 $ 2