XML 92 R82.htm IDEA: XBRL DOCUMENT v2.4.0.6
Reportable Segments (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Reconciliation From Segment Totals To Consolidated [Abstract]      
Net operating income, including discontinued operations $ 86,296 $ 88,063 $ 83,220
Fee income, net of reimbursed expenses 18,213 17,830 18,300
Residential lot, multi-family unit, tract and outparcel sales, net of cost of sales, including gain on sale of undepreciated investment properties 5,559 14,366 8,853
Other income 2,130 1,264 3,025
Third party management and leasing expenses, net of reimbursed expenses (7,826) (8,100) (7,750)
General and administrative expenses (24,166) (28,517) (26,198)
Interest expense (27,784) (37,180) (41,393)
Impairment losses (100,131) (2,554) (40,512)
Depreciation and amortization of non-real estate assets (1,688) (1,889) (3,382)
Separation expenses (197) (1,045) (3,257)
Other expenses (4,436) (4,416) (13,143)
Loss on extinguishment of debt and interest rate swaps (74) (9,827) 9,732
Funds from operations from unconsolidated joint ventures (7,355) 19,154 (8,897)
Impairment loss on investment in unconsolidated joint ventures (608)   (51,058)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (2,087) (2,540) (2,252)
BENEFIT (PROVISION) FOR INCOME TAXES FROM OPERATIONS 186 1,079 (4,341)
DIVIDENDS TO PREFERRED STOCKHOLDERS (12,907) (12,907) (12,907)
Funds from operations available to common stockholders (76,875) 32,781 (91,960)
Real estate depreciation and amortization, including Company's share of joint ventures (62,709) (67,728) (61,205)
Impairment loss on depreciable investment property (7,632)    
Noncontrolling interest related to gain on sale of depreciated investment properties (2,871)    
Gain on sale of depreciated investment properties 8,755 7,467 167,553
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS (141,332) (27,480) 14,388
TOTAL ASSETS 1,235,535 1,371,282 1,491,552
Office [Member]
     
Reconciliation From Segment Totals To Consolidated [Abstract]      
Net operating income, including discontinued operations 61,796 60,646 57,257
Residential lot, multi-family unit, tract and outparcel sales, net of cost of sales, including gain on sale of undepreciated investment properties     276
Other income 1,563 436 286
Funds from operations from unconsolidated joint ventures 11,071 9,863 (11,149)
Impairment loss on investment in unconsolidated joint ventures     (17,993)
Funds from operations available to common stockholders 74,430 70,945 28,677
TOTAL ASSETS 732,857 671,540 650,958
Retail [Member]
     
Reconciliation From Segment Totals To Consolidated [Abstract]      
Net operating income, including discontinued operations 20,917 23,792 24,395
Residential lot, multi-family unit, tract and outparcel sales, net of cost of sales, including gain on sale of undepreciated investment properties 50 4,661 1,841
Other income 87 114 1,431
Impairment losses (1,730)    
Funds from operations from unconsolidated joint ventures 8,712 6,443 6,440
Funds from operations available to common stockholders 28,036 35,010 34,107
TOTAL ASSETS 375,923 348,470 429,099
Land [Member]
     
Reconciliation From Segment Totals To Consolidated [Abstract]      
Fee income, net of reimbursed expenses 105 211 616
Residential lot, multi-family unit, tract and outparcel sales, net of cost of sales, including gain on sale of undepreciated investment properties 3,332 1,076 1,466
Impairment losses (94,793) (1,968)  
Funds from operations from unconsolidated joint ventures (27,211) 2,375 (4,091)
Impairment loss on investment in unconsolidated joint ventures (608)   (27,000)
Funds from operations available to common stockholders (119,175) 1,694 (29,009)
TOTAL ASSETS 108,172 261,323 273,026
CPS Third Party Management and Leasing [Member]
     
Reconciliation From Segment Totals To Consolidated [Abstract]      
Fee income, net of reimbursed expenses 10,600 9,668 11,838
Third party management and leasing expenses, net of reimbursed expenses (7,826) (8,100) (7,750)
Funds from operations available to common stockholders 2,774 1,568 4,088
TOTAL ASSETS 4,302 4,050 7,291
For-Sale Multi-Family [Member]
     
Reconciliation From Segment Totals To Consolidated [Abstract]      
Residential lot, multi-family unit, tract and outparcel sales, net of cost of sales, including gain on sale of undepreciated investment properties   7,425 5,212
Impairment losses   (586) (36,500)
Funds from operations from unconsolidated joint ventures   473 (60)
Impairment loss on investment in unconsolidated joint ventures     (6,065)
Funds from operations available to common stockholders   7,312 (37,413)
TOTAL ASSETS   4,564 31,206
Other [Member]
     
Reconciliation From Segment Totals To Consolidated [Abstract]      
Net operating income, including discontinued operations 3,583 3,625 1,568
Fee income, net of reimbursed expenses 7,508 7,951 5,846
Residential lot, multi-family unit, tract and outparcel sales, net of cost of sales, including gain on sale of undepreciated investment properties 2,177 1,204 58
Other income 480 714 1,308
General and administrative expenses (24,166) (28,517) (26,198)
Interest expense (27,784) (37,180) (41,393)
Impairment losses (3,608)   (4,012)
Depreciation and amortization of non-real estate assets (1,688) (1,889) (3,382)
Separation expenses (197) (1,045) (3,257)
Other expenses (4,436) (4,416) (13,143)
Loss on extinguishment of debt and interest rate swaps (74) (9,827) 9,732
Funds from operations from unconsolidated joint ventures 73   (37)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS (2,087) (2,540) (2,252)
BENEFIT (PROVISION) FOR INCOME TAXES FROM OPERATIONS 186 1,079 (4,341)
DIVIDENDS TO PREFERRED STOCKHOLDERS (12,907) (12,907) (12,907)
Funds from operations available to common stockholders (62,940) (83,748) (92,410)
TOTAL ASSETS $ 14,281 $ 81,335 $ 99,972