Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Investments in real estate, at cost
Land	$ 36,495	$ 37,142
Buildings and improvements	327,337	271,357
Investments in real estate, gross	363,832	308,499
Less: accumulated depreciation	(44,556)	(36,232)
Investments in real estate, net	319,276	272,267
Cash and cash equivalents	40,952	45,257
Restricted cash held in escrows	3,914	8,593
Loans receivable, net	114,333	110,395
Accounts receivable, net of allowances of $639 and $262, respectively	16,140	12,402
Securities carried at fair value	28,856	33,032
Loan securities carried at fair value	5,309	11,981
Preferred equity investment	5,520	4,010
Equity investments	162,142	81,937
Lease intangibles, net	36,305	26,821
Deferred financing costs, net	1,180	1,158
Assets held for sale	6	2,275
TOTAL ASSETS	733,933	610,128
LIABILITIES
Mortgage loans payable	230,940	230,443
Series B-1 Cumulative Convertible Redeemable Preferred Shares, $25 per share liquidation preference; 852,000 shares authorized and outstanding at December 31, 2010	0	21,300
Non-recourse Secured financing	29,150	0
Revolving line of credit	40,000	25,450
Accounts payable and accrued liabilities	16,174	12,557
Dividends payable	5,369	4,431
Deferred income	502	150
Below market lease intangibles, net	2,962	2,696
Liabilities of held for sale assets	0	33
TOTAL LIABILITIES	325,097	297,060
COMMITMENTS AND CONTINGENCIES
NON-CONTROLLING REDEEMABLE PREFERRED INTEREST
Series C Cumulative Convertible Redeemable Preferred Shares, $25 per share liquidation preference,144,000 shares authorized and outstanding at December 31, 2010	0	3,221
Total non-controlling redeemable preferred interest	0	3,221
Winthrop Realty Trust Shareholders' Equity:
Series D Cumulative Redeemable Preferred Shares, $25 per share liquidation preference, 1,840,000 shares authorized and 1,600,000 shares outstanding at December 31, 2011	40,000	0
Common Shares, $1 par, unlimited shares authorized; 33,041,034 and 27,030,186 issued and outstanding at December 31, 2011 and December 31, 2010, respectively	33,041	27,030
Additional paid-in capital	626,099	569,586
Accumulated distributions in excess of net income	(311,246)	(300,782)
Accumulated other comprehensive loss	(92)	(63)
Total Winthrop Realty Trust Shareholders' Equity	387,802	295,771
Non-controlling interests	21,034	14,076
Total Equity	408,836	309,847
TOTAL LIABILITIES AND EQUITY	$ 733,933	$ 610,128