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Rental Property Revenues
12 Months Ended
Dec. 31, 2011
Rental Property Revenues [Abstract]  
Future Minimum contractual rents receivable

14. RENTAL PROPERTY REVENUES

The Company’s leases typically contain escalation provisions and provisions requiring tenants to pay a pro rata share of operating expenses. The leases typically include renewal options and are classified and accounted for as operating leases. The majority of the Company’s real estate assets are concentrated in the Southeastern United States, specifically in the Atlanta, Georgia, metropolitan area.

 

At December 31, 2011 future minimum rentals to be received by consolidated entities under existing non-cancelable leases are as follows (in thousands):

 

 

      September 30,       September 30,       September 30,  
    Office     Retail     Total  

2012

  $ 82,153     $ 23,338     $ 105,491  

2013

    81,797       24,228       106,025  

2014

    79,737       23,350       103,087  

2015

    73,031       22,789       95,820  

2016

    65,992       18,942       84,934  

Thereafter

    268,816       51,106       319,922  
   

 

 

   

 

 

   

 

 

 
    $ 651,526     $ 163,753     $ 815,279