Changes in Deficit

6 Months Ended

Jun. 30, 2011

Changes in Deficit [Abstract]

CHANGES IN DEFICIT

15. CHANGES IN DEFICIT

The following is a reconciliation of total deficit, deficit attributable to Grubb & Ellis Company and equity attributable to noncontrolling interests from December 31, 2010 to June 30, 2011 (in thousands):

															Total
										Accumulated					Grubb & Ellis
							Additional			Other					Company
	Common Stock						Paid-In			Comprehensive		Accumulated			Shareowners’			Noncontrolling			Total
	Shares			Amount			Capital			Income		Deficit			Deficit			Interests			Deficit
Balance as of December 31, 2010		70,076		$	701		$	409,943		$	148	$	(478,881	)	$	(68,089	)	$	9,130		$	(58,959	)
Vesting of share-based compensation		—			—			2,378			—		—			2,378			—			2,378
Preferred dividends accrued		—			—			(5,794	)		—		—			(5,794	)		—			(5,794	)
Forfeiture of non-vested restricted shares		(223	)		(3	)		(180	)		—		—			(183	)		—			(183	)
Contributions from noncontrolling interests		—			—			—			—		—			—			14			14
Distributions to noncontrolling interests		—			—			—			—		—			—			(998	)		(998	)
Change in unrealized gain on marketable securities		—			—			—			92		—			92			—			92
Net loss		—			—			—			—		(32,622	)		(32,622	)		(779	)		(33,401	)
Comprehensive loss		—			—			—			—		—			(32,530	)		(779	)		(33,309	)
Balance as of June 30, 2011		69,853		$	698		$	406,347		$	240	$	(511,503	)	$	(104,218	)	$	7,367		$	(96,851	)

During the six months ended June 30, 2011 and 2010, we granted 0 and 2,225,000 restricted shares of common stock, respectively.