Real Estate Partnerships (Tables)

3 Months Ended

Mar. 31, 2013

Equity Method Investments and Joint Ventures [Abstract]

Summarized Operating Results And Financial Position Of Partnership

The following tables provide summarized operating results and the financial position of the Partnership:

	Three Months Ended
	March 31,
	2013		2012
	(In thousands)
OPERATING RESULTS
Revenue	$	4,949	$	4,589
Expenses
Other operating expenses	1,817		1,339
Depreciation and amortization	1,369		1,376
Interest expense	842		845
Total expenses	4,028		3,560
Net income	$	921	$	1,029
Our share of net income from real estate partnership	$	312	$	358

	March 31,		December 31,
	2013		2012
	(In thousands)
BALANCE SHEETS
Real estate, net	$	173,356	$	174,509
Cash	3,745		2,735
Other assets	4,924		5,536
Total assets	$	182,025	$	182,780
Mortgages payable	$	57,098	$	57,155
Other liabilities	3,914		4,771
Partners’ capital	121,013		120,854
Total liabilities and partners’ capital	$	182,025	$	182,780
Our share of unconsolidated debt	$	17,130	$	17,147
Our investment in real estate partnership	$	33,131	$	33,169