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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents (including $144 and $307 from VIEs, respectively)$ 3,781$ 30,919
Restricted cash3,5303,836
Investment in marketable equity securities8151,948
Accounts receivable from related parties - net4,0103,460
Service fees receivable - net (including $553 and $915 from VIEs, respectively)28,79831,048
Professional service contracts - net2,7513,468
Prepaid expenses and other assets10,35911,842
Assets held for sale (including $14,943 from VIEs and $24,992 from related parties)0100,314
Total current assets54,044186,835
Professional service contracts - net3,3045,750
Property, equipment and leasehold improvements - net11,05010,110
Identified intangible assets - net77,79180,698
Other assets - net (including $11 and $7 from VIEs, respectively)2,0672,030
Goodwill1,5211,521
Total assets149,777286,944
Current liabilities:  
Accounts payable and accrued expenses (including $735 and $916 from VIEs, respectively)63,79369,470
Credit facility (includes accrued interest)18,5110
Notes payable and capital lease obligations5,3911,041
Liabilities held for sale (including $822 from VIEs and $2,178 from related parties)0122,478
Total current liabilities87,695192,989
Long-term liabilities:  
Convertible notes30,36930,133
Notes payable and capital lease obligations409566
Other long-term liabilities9,0357,065
Deferred tax liabilities25,23425,070
Total liabilities152,742255,823
Commitment and contingencies (Note 11)  
Preferred stock: 12% cumulative participating perpetual convertible; $0.01 par value; 1,000,000 shares authorized as of September 30, 2011 and December 31, 2010; 965,700 shares issued and outstanding as of September 30, 2011 and December 31, 201098,89290,080
Shareowners' deficit:  
Preferred stock: $0.01 par value; 19,000,000 shares authorized as of September 30, 2011 and December 31, 2010; no shares issued and outstanding as of September 30, 2011 and December 31, 2010  
Common stock: $0.01 par value; 200,000,000 shares authorized as of September 30, 2011 and December 31, 2010; 69,940,830 and 70,076,451 shares issued and outstanding as of September 30, 2011 and December 31, 2010, respectively698701
Additional paid-in capital404,065409,943
Accumulated deficit(506,513)(478,881)
Other comprehensive (loss) income(107)148
Total Grubb & Ellis Company shareowners' deficit(101,857)(68,089)
Noncontrolling interests (including $9,130 from VIEs as of December 31, 2010) )09,130
Total deficit(101,857)(58,959)
Total liabilities and shareowners' deficit$ 149,777$ 286,944