XML 82 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investment in Real Estate - Purchase Price Allocation for Acquisition (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended 0 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Apr. 29, 2011
Rincon Center [Member]
May 22, 2013
3401 Exposition [Member]
Jun. 14, 2013
Pinnacle II [Member]
Jul. 31, 2013
Seattle Acquisition [Member]
Sep. 26, 2013
1861 Bundy [Member]
Apr. 05, 2012
10900 Washington [Member]
Jun. 02, 2012
901 Market [Member]
Sep. 05, 2012
Element LA [Member]
Sep. 21, 2012
1455 Gordan St [Member]
Nov. 08, 2012
Pinnacle I [Member]
Jul. 26, 2011
604 Arizona [Member]
Aug. 19, 2011
275 Brannan [Member]
Sep. 02, 2011
625 Second Street [Member]
Nov. 22, 2011
6922 Hollywood Boulevard [Member]
Dec. 12, 2011
6050 Ocean Way 1445 N Beachwood [Member]
Consideration paid                                    
Cash consideration $ 389,883 $ 392,320 $ 114,219   $ 8,489 $ 1,505 $ 368,389 $ 11,500 $ 2,605 $ 90,871 $ 88,436 $ 2,385 $ 208,023 $ 21,373 $ 12,370 $ 23,419 $ 50,555 $ 6,502
Notes Receivable 4,000       4,000 0 0 0                    
Debt Assumed 102,299 0 75,947   13,233 89,066 0 0           0 0 33,700 42,247 0
Non-controlling interest in consolidated real estate entity 45,704 1,481 0   0 45,704 0 0 0 0 0 0 1,481          
Total consideration 541,886 393,801 190,166 38,700 25,722 136,275 368,389 11,500 2,605 90,871 88,436 2,385 209,504 21,373 12,370 57,119 92,802 6,502
Allocation of consideration paid                                    
Investment in real estate, net 538,322 390,370 181,925   25,439 134,289 367,094 11,500 2,600 97,187 88,024 2,384 200,175 20,366 12,250 53,394 88,999 6,916
Above-market leases   167 3,036           0 0 0 0 167 0 0 465 2,571 0
Leases in place   16,099 8,687           0 2,968 1,325 96 11,710 1,121 0 2,799 4,767 0
Other lease intangibles 34,256 4,072 3,431   0 12,637 21,619 0 0 548 46 22 3,456 117 0 1,286 2,028 0
Fair market unfavorable debt value (5,820)   (2,090)   0 (5,820) 0 0           0 0 (490) (1,600) 0
Below-market leases (22,449) (16,018) (5,839)   0 (7,783) (14,666) 0 0 (10,249) (666) (27) (5,076) (104) 0 (1,054) (4,265) (416)
Other (liabilities) asset assumed, net $ (2,423) $ (889) $ 1,016   $ 283 $ 2,952 $ (5,658) $ 0 $ 5 $ 417 $ (293) $ (90) $ (928) $ (127) $ 120 $ 719 $ 302 $ 2
Additional acquired ownership percentage       49.00%