Reportable Segments (Table Text Block)

3 Months Ended

9 Months Ended

Sep. 30, 2012

Sep. 30, 2011

Sep. 30, 2012

Sep. 30, 2011

Segment Reporting [Abstract]

Schedule of Income (Loss) by Reportable Segment

FFO is reconciled to net income (loss) on a total Company basis (in thousands):

Three Months Ended September 30, 2012	Office		Retail			Land			Third Party Management and Leasing			Other			Total
Net operating property income, including discontinued operations	$	17,242	$	4,497		$	—		$	—		$	—		$	21,739
Fee income, net of reimbursed expenses	—		—			—			2,311			6,108			8,419
Residential lot and other sales, net of cost of sales	—		—			378			—			—			378
Other income	2,975		267			—			—			86			3,328
Third party management and leasing expenses	—		—			—			(1,782		)	—			(1,782		)
General and administrative expenses	—		—			—			—			(5,255		)	(5,255		)
Interest expense	—		—			—			—			(5,793		)	(5,793		)
Depreciation and amortization of non-real estate assets	—		—			—			—			(256		)	(256		)
Impairment losses	—		—			—			—			(488		)	(488		)
Separation expenses	—		—			—			—			(574		)	(574		)
Other expenses	—		(8		)	—			—			(2,257		)	(2,265		)
Funds from operations from unconsolidated joint ventures	2,731		2,150			(137		)	—			—			4,744
Gain on sale of third party management and leasing business	—		—			—			7,384			—			7,384
Funds from operations attributable to noncontrolling interests	—		—			—			—			(608		)	(608		)
Provision for income taxes from operations	—		—			—			—			(60		)	(60		)
Preferred stock dividends	—		—			—			—			(3,226		)	(3,226		)
Funds from operations available to common stockholders	$	22,948	$	6,906		$	241		$	7,913		$	(12,323	)	25,685
Real estate depreciation and amortization, including Company's share of joint ventures															(16,361		)
Gain on sale of depreciable investment properties															120
Net income available to common stockholders															$	9,444

Three Months Ended September 30, 2011	Office		Retail		Land		Third Party Management and Leasing			Other			Total
Net operating property income, including discontinued operations	$	15,442	$	5,026	$	—	$	—		$	907		$	21,375
Fee income, net of reimbursed expenses	—		—		14		3,300			2,029			5,343
Residential lot and other sales, net of cost of sales	—		—		7		—			—			7
Other income	368		—		—		—			80			448
Third party management and leasing expenses	—		—		—		(2,143		)	—			(2,143		)
General and administrative expenses	—		—		—		—			(4,295		)	(4,295		)
Interest expense	—		—		—		—			(6,601		)	(6,601		)
Loss on extinguishment of debt	—		—		—		—			(74		)	(74		)
Depreciation and amortization of non-real estate assets	—		—		—		—			(388		)	(388		)
Separation expenses	—		—		—		—			(15		)	(15		)
Other expenses	—		—		—		—			(790		)	(790		)
Funds from operations from unconsolidated joint ventures	2,766		2,110		225		—			(2		)	5,099
Funds from operations attributable to noncontrolling interests	—		—		—		—			(611		)	(611		)
Benefit for income taxes from operations	—		—		—		—			180			180
Preferred stock dividends	—		—		—		—			(3,226		)	(3,226		)
Funds from operations available to common stockholders	$	18,576	$	7,136	$	246	$	1,157		$	(12,806	)	14,309
Real estate depreciation and amortization, including Company's share of joint ventures													(15,420		)
Noncontrolling interest related to gain on sale of depreciated investment properties													(1,581		)
Gain on sale of depreciable investment properties, net													2,880
Net income available to common stockholders													$	188

Nine Months Ended September 30, 2012	Office		Retail		Land			Third Party Management and Leasing			Other			Total
Net operating income, including discontinued operations	$	50,920	$	15,297	$	—		$	—		$	1		$	66,218
Fee income, net of reimbursed expenses	—		—		—			8,396			9,018			17,414
Residential lot and other sales, net of cost of sales	—		—		882			—			—			882
Other income	2,975		472		—			—			1,612			5,059
Third party management and leasing expenses	—		—		—			(6,034		)	—			(6,034		)
General and administrative expenses	—		—		—			—			(17,523		)	(17,523		)
Interest expense	—		—		—			—			(17,936		)	(17,936		)
Depreciation and amortization of non-real estate assets	—		—		—			—			(843		)	(843		)
Impairment losses	—		—		—			—			(488		)	(488		)
Loss on extinguishment of debt	—		—		—			—			(94		)	(94		)
Separation expenses	—		—		—			—			(866		)	(866		)
Other expenses	—		—		—			—			(3,543		)	(3,543		)
Funds from operations from unconsolidated joint ventures	8,440		6,436		(594		)	—			(3		)	14,279
Gain on sale of third party management and leasing business	—		—		—			7,384			—			7,384
Funds from operations attributable to noncontrolling interests	—		—		—			—			(1,784		)	(1,784		)
Provision for income taxes from operations	—		—		—			—			(120		)	(120		)
Preferred stock dividends	—		—		—			—			(9,680		)	(9,680		)
Funds from operations available to common stockholders	$	62,335	$	22,205	$	288		$	9,746		$	(42,249	)	52,325
Real estate depreciation and amortization, including Company's share of joint ventures														(47,936		)
Impairment loss on depreciable investment property														(12,233		)
Noncontrolling interest related to gain on sale of depreciated investment properties														2,043
Gain on sale of depreciated investment properties														8,534
Net income available to common stockholders														$	2,733

Nine Months Ended September 30, 2011	Office		Retail		Land		Third Party Management and Leasing			Other			Total
Net operating property income, including discontinued operations	$	46,152	$	15,607	$	—	$	—		$	2,868		$	64,627
Fee income, net of reimbursed expenses	—		—		105		7,536			5,875			13,516
Residential lot and other sales, net of cost of sales	—		50		57		—			2,177			2,284
Other income	1,185		34		—		—			386			1,605
Third party management and leasing expenses	—		—		—		(5,859		)	—			(5,859		)
General and administrative expenses	—		—		—		—			(17,828		)	(17,828		)
Interest expense	—		—		—		—			(21,503		)	(21,503		)
Loss on extinguishment of debt	—		—		—		—			(74		)	(74		)
Impairment loss	—		—		—		—			(3,508		)	(3,508		)
Depreciation and amortization of non-real estate assets	—		—		—		—			(1,323		)	(1,323		)
Separation expenses	—		—		—		—			(193		)	(193		)
Other expenses	—		—		—		—			(2,324		)	(2,324		)
Funds from operations from unconsolidated joint ventures	8,215		6,476		504		—			48			15,243
Funds from operations attributable to noncontrolling interests	—		—		—		—			(1,873		)	(1,873		)
Benefit for income taxes from operations	—		—		—		—			217			217
Preferred stock dividends	—		—		—		—			(9,680		)	(9,680		)
Funds from operations available to common stockholders	$	55,552	$	22,167	$	666	$	1,677		$	(46,735	)	33,327
Real estate depreciation and amortization, including Company's share of joint ventures													(46,735		)
Noncontrolling interest related to gain on sale of depreciated investment properties													(1,581		)
Gain on sale of depreciable investment properties, net													2,614
Net loss available to common stockholders													$	(12,375	)

Reconciliation of revenues per Segment to Consolidated Revenues

The following table reconciles information presented in the tables above to the Company's consolidated revenues (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Net operating property income, including discontinued operations	$	21,739		$	21,375		$	66,218		$	64,627
Plus rental property operating expenses	14,400			11,775			39,595			33,658
Fee income	8,419			5,343			17,414			13,516
Third party management and leasing expense reimbursements	(2,311		)	(3,300		)	(8,397		)	(7,536		)
Reimbursed expenses	1,235			1,866			3,968			4,749
Residential and other sales, net of cost of sales, including gain on sale of undepreciated investment properties	378			7			882			2,284
Plus residential lot and other cost of sales	354			158			1,334			2,790
Net operating income from discontinued operations not included in revenues	(3,547		)	(6,128		)	(12,967		)	(19,483		)
Other income	3,328			448			5,059			1,605
Other income - discontinued operations	(267		)	(1		)	(472		)	(115		)
Total consolidated revenues	$	43,728		$	31,543		$	112,634		$	96,095