Federal and State Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Summary Cash Dividends Per Series Preferred Share for Individual Shareholder

The 2011 cash dividends per Series B-1 Preferred Share for an individual shareholder’s income tax purposes were as follows:

	Ordinary Dividends		Capital Gains 15% Rate		Nontaxable Distribution		Total Dividends Paid
2011	$	1.30	$	—	$	—	$	1.30

The 2011 cash dividends per Series C Preferred Share for an individual shareholder’s income tax purposes were as follows:

	Ordinary Dividends		Capital Gains 15% Rate		Nontaxable Distribution		Total Dividends Paid
2011	$	1.30	$	—	$	—	$	1.30

The 2013 and 2012 cash dividends per Series D Preferred Share for an individual shareholder’s income tax purposes were as follows:

	Ordinary Dividends		Capital Gains 15% Rate		Nontaxable Distribution		Total Dividends Paid
2013	$	2.31	$	—	$	—	$	2.31
2012		2.31		—		—		2.31

Summary Cash Dividends Per Common Share for Individual Shareholder

The 2013, 2012 and 2011 cash dividends per Common Share for an individual shareholder’s income tax purposes were as follows:

	Ordinary Dividends		Capital Gains 15% Rate		Nontaxable Distribution		Total Dividends Paid
2013	$	0.65	$	—	$	—	$	0.65
2012		0.49		—		—		0.49
2011		0.69		—		—		0.69

Summary of GAAP Net Income Attributable to Trust to Taxable Income

The following table reconciles GAAP net income attributable to the Trust to taxable income (in thousands):

	For the Years Ended December 31,
	2013			2012			2011
Net income(loss) attributable to Winthrop Realty Trust	$	28,778		$	24,631		$	10,933
Book/Tax differences from depreciation and amortization expense		9,563			5,297			4,588
Book/Tax differences of accretion of discount		(4,121	)		(8,333	)		(13,401	)
Book/Tax differences of unrealized gains		(73	)		(6,923	)		(2,788	)
Book/Tax differences on gains/losses from capital transactions		(14,848	)		(1,876	)		(5,842	)
Book/Tax differences on Preferred Shares		—			—			1,428
Book/Tax differences for impairment losses		2,904			3,260			7,600
Book/Tax differences on investments in unconsolidated joint ventures		(17,880	)		4,131			31,634
Other book/tax differences, net		4,194			(8,781	)		(766	)
Book/Tax differences on dividend income		—			(452	)		(371	)
Book/Tax differences of market discount		—			14,065			13,250
Taxable income	$	8,517		$	25,019		$	46,265