Equity Investments (Tables)

6 Months Ended

Jun. 30, 2012

Equity Investments [Abstract]

Trust's carrying amounts in its equity investments

Venture Partner	Equity Investment	Nominal % Ownership at June 30, 2012	June 30, 2012		December 31, 2011
Marc Realty (2)	Michigan 30 LLC	—		—		10,049
Marc Realty (1)	Brooks Building LLC	50.0%		7,930		7,679
Marc Realty (1)	High Point Plaza LLC	50.0%		2,330		2,441
Marc Realty (2)	Salt Creek LLC	—		—		—
Marc Realty (1)	1701 Woodfield LLC	50.0%		1,979		2,047
Marc Realty (2)	River Road LLC	—		—		1,000
Marc Realty (3)	3701 Algonquin Road LLC	—		—		250
Marc Realty (1)	Enterprise Center LLC	50.0%		2,579		2,679
Marc Realty (2)	900 Ridgebrook LLC	—		—		1,000
Marc Realty (1)	Michigan 180 Property LLC	70.0%		6,950		—
Sealy (1)	Northwest Atlanta Partners LP	60.0%		8,373		8,537
Sealy (1)	Newmarket GP LLC	68.0%		1,344		2,811
Sealy (1)	Airpark Nashville GP	50.0%		—		—
Inland	Concord Debt Holdings LLC	33.33%		—		—
Inland	CDH CDO LLC	33.33%		—		—
Inland	Concord Hebt Holdings LLC (5)	33.33%		4,529		—
Inland	CDH CDO LLC (5)	33.33%		2,978		—
ROIC	WRT-ROIC Riverside LLC	50.0%		7,883		7,883
ROIC	WRT-ROIC Lakeside Eagle LLC	50.0%		1		7
Atrium Holding	RE CDO Management LLC	50.0%		1,794		1,296
VHH LLC (1)	Vintage Housing LLC	75.0%		30,144		29,887
Broadway Partners (4)	FII Co-Invest LLC	—		—		1,800
New Valley/Starwood (1)	Socal Office Portfolio Loan LLC	50.2%(6)		33,888		72,626
Elad Canada Ltd (1)	WRT-Elad One South State Equity LP	50.0%		2,087		—
Elad Canada Ltd	WRT-Elad One South State Lender LP	50.0%		22,629		10,150
Mack-Cali	WRT-Stamford LLC	20.0%		8,236		—
Atrium/Northstar (1)	10 Metrotech Loan LLC	33.3%		56		—
Freed	Mentor Retail LLC	49.9%		511		—
			$	146,221	$	162,142

(1) The Trust has determined that these equity investments are investments in VIEs. The Trust has determined that it is not the primary beneficiary of these VIEs since the Trust does not have the power to direct the activities that most significantly impact the VIEs economic performance.

(2) Interest sold to Marc Realty on May 31, 2012.

(3) Interest sold to Marc Realty on March 1, 2012.

(4) Interest was redeemed on April 10, 2012.

(5) Represents the interest acquired from Lexington Realty Trust on May 1, 2012.

(6) Represents the Trust’s ownership in the underlying entity.

Activity of the Trust's equity investments

Investment	Balance at December 31, 2011		Contributions		Equity Income (loss)			Distributions			Sales			Balance at June 30, 2012
Marc Realty	$	27,145	$	8,150	$	(344	)	$	(533	)	$	(12,650	)	$	21,768
Sealy		11,348		—		(1,631	)		—			—			9,717
Concord Debt Holdings LLC		—		—		351			(351	)		—			—
CDH CDO LLC		—		—		534			(534	)		—			—
Concord Debt Holdings LLC (1)		—		4,501		28			—			—			4,529
CDH CDO LLC (1)		—		2,500		478			—			—			2,978
WRT-ROIC Riverside LLC		7,883		—		468			(468	)		—			7,883
WRT-ROIC Lakeside Eagle LLC		7		10		(16	)		—			—			1
SoCal Office Portfolio Loan LLC		72,626		—		(638	)		(38,100	)		—			33,888
RE CDO Management LLC		1,296		550		28			(80	)		—			1,794
Vintage Housing LLC		29,887		2,029		934			(2,706	)		—			30,144
FII Co-invest LLC		1,800		—		—			—			(1,800	)		—
WRT-Elad One South Street Equity LP		—		2,837		(750	)		—			—			2,087
WRT-Elad One South Street Lender LP		10,150		11,214		1,265			—			—			22,629
WRT-Stamford LLC		—		8,036		316			(116	)		—			8,236
10 Metrotech Loan LLC		—		75		(19	)		—			—			56
Mentor Retail LLC		—		505		6			—			—			511
Total	$	162,142	$	40,407	$	1,010		$	(42,888	)	$	(14,450	)	$	146,221

(1) Represents the interest acquired from Lexington Realty Trust on May 1, 2012.