Notes Payable (Tables)

6 Months Ended

Jun. 30, 2013

Notes Payable, Commitments and Contingencies [Abstract]

Summary of terms of notes payable

The following table summarizes the terms and amounts of the Company’s notes payable at June 30, 2013 and December 31, 2012 ($ in thousands):

Description	Interest Rate		Maturity	June 30, 2013		December 31, 2012
The American Cancer Society Center mortgage note	6.45	%	2017	$	133,479	$	134,243
191 Peachtree Tower mortgage note (interest only until May 1, 2016)	3.35	%	2018	100,000		100,000
Credit Facility, unsecured	1.69	%	2016	51,000		—
Meridian Mark Plaza mortgage note	6.00	%	2020	26,006		26,194
The Points at Waterview mortgage note	5.66	%	2016	15,399		15,651
Mahan Village construction facility	1.84	%	2014	14,316		13,027
Callaway Gardens	4.13	%	2013	174		172
Terminus 100 mortgage note	5.25	%	2023	—		136,123
				$	340,374	$	425,410

Summary of interest

For the three and six months ended June 30, 2013 and 2012, interest expense was as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Total interest incurred	$	4,298		$	6,364		$	9,334		$	13,058
Interest capitalized	(57		)	(489		)	(158		)	(915		)
Total interest expense	$	4,241		$	5,875		$	9,176		$	12,143