Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Revenue
Rents and reimbursements	$ 10,840	$ 9,243	$ 33,061	$ 27,999
Interest, dividends and discount accretion	5,503	4,948	20,269	11,747
Total revenue	16,343	14,191	53,330	39,746
Expenses
Property operating	3,536	1,812	11,567	5,579
Real estate taxes	1,107	952	3,450	2,012
Depreciation and amortization	3,185	2,378	9,978	7,050
Interest	3,546	3,809	12,123	11,126
Impairment loss on investment in real estate	3,000		3,000
General and administrative	2,893	2,300	8,175	6,123
State and local taxes	12	7	88	107
Total expenses	17,279	11,258	48,381	31,997
Other income (loss)
Earnings from preferred equity investments	257	85	498	253
Equity in income (loss) of equity investments	2,820	(409)	4,340	(1,328)
Gain on sale of equity investments	207		207
Realized gain (loss) on sale of securities carried at fair value		(185)	131	588
Unrealized gain (loss) on securities carried at fair value	(961)	2,490	(798)	4,280
Gain on extinguishment of debt	8,514		8,514
Unrealized gain (loss) on loan securities carried at fair value	(75)	581	2,772	3,593
Interest and other income	472	17	1,008	94
Total other income (loss)	11,234	2,579	16,672	7,480
Income from continuing operations	10,298	5,512	21,621	15,229
Discontinued operations
Income (loss) from discontinued operations	(134)	(1,529)	2	(2,045)
Consolidated net income	10,164	3,983	21,623	13,184
Income attributable to non-controlling interest	(318)	(175)	(851)	(595)
Net income attributable to Winthrop Realty Trust	9,846	3,808	20,772	12,589
Income attributable to non-controlling redeemable preferred interest	(59)	(59)	(176)	(230)
Net income attributable to Common Shares	9,787	3,749	20,596	12,359
Comprehensive income
Consolidated net income	10,164	3,983	21,623	13,184
Change in unrealized gain on available for sale securities				2
Change in unrealized gain on interest rate derivative		(20)	63	(8)
Comprehensive income	$ 10,164	$ 3,963	$ 21,686	$ 13,178
Per Common Share data - Basic
Income from continuing operations	$ 0.30	$ 0.25	$ 0.67	$ 0.68
Income (loss) from discontinued operations	$ 0	$ (0.07)	$ 0	$ (0.09)
Net income attributable to Winthrop Realty Trust	$ 0.30	$ 0.18	$ 0.67	$ 0.59
Per Common Share data - Diluted
Income from continuing operations	$ 0.30	$ 0.25	$ 0.67	$ 0.68
Income (loss) from discontinued operations	$ 0	$ (0.07)	$ 0	$ (0.09)
Net income attributable to Winthrop Realty Trust	$ 0.30	$ 0.18	$ 0.67	$ 0.59
Basic Weighted-Average Common Shares	32,949	21,412	30,889	21,064
Diluted Weighted-Average Common Shares	32,949	21,414	30,889	21,499