Other Matters (Tables)

12 Months Ended

Dec. 31, 2012

Other Matters [Abstract]

Supplemental Cash Flow Information and Schedule of Non-Cash Investing and Financing Activity

Supplemental Cash Flow Information and Schedule of Non-Cash Investing and Financing Activity

	Year Ended December 31
	2012			2011			2010
	(In thousands)
Supplemental cash flow information:
Interest paid, net of amount capitalized	$	36,378		$	60,123		$	53,352
Cash paid for income taxes		1,275			705			117
Supplemental schedule of non-cash investing
and financing activity:
Mortgage notes payable transferred
to purchaser		(254,095	)		(215,285	)		(8,666	)
Mortgage note payable and interest payable transferred in deed in lieu of foreclosure		-			(8,601	)		-
Mortgage loan issued to purchaser		-			-			(1,500	)
Contingent consideration related to the
contribution of the Management Company		-			18,000			-
Restricted shares and deferred incentive share
units issued (forfeited)		(1,105	)		1,110			1,949
Mortgage loan assumed in purchase		58,694			87,225			-
Shares issued in lieu of Directors' fees		263			319			285
Operating partnership units converted to common stock		18,216			-			-
Shares issued pursuant to TPG Management Services Agreement		225			-			-

Rents Receivable and Other Assets

Rents Receivable and Other Assets

	December 31
	2012			2011
	(In thousands)
Rents and fees receivable	$	3,915		$	5,001
Allowance for doubtful accounts		(1,606	)		(1,812	)
Straight-line rent receivable		34,205			19,183
Other receivables		2,755			14,905
Lease costs (net of accumulated amortization of
$28,049 and $21,087, respectively)		62,978			41,518
Loan costs (net of accumulated amortization of
$4,067 and $2,688, respectively)		7,183			5,160
Escrow and other deposits		7,606			16,975
Prepaid items		3,612			4,581
Investment in other assets		3,500			3,500
Other assets		543			416
	$	124,691		$	109,427$

Components of intangible assets

Intangible Assets

The following table reflects the portion of the purchase price of office properties allocated to intangible assets, as discussed in "Note A".  The portion of purchase price allocated to below market lease value and the related accumulated amortization is reflected in the Schedule of Accounts Payable and Other Liabilities within this note.

	December 31
	2012			2011
	(In thousands)
Lease in place value	$	117,383		$	65,213
Accumulated amortization		(33,919	)		(20,380	)
Above market lease value		43,094			29,225
Accumulated amortization		(10,544	)		(4,603	)
Other intangibles		3,000			-
Accumulated amortization		(917	)		-
Goodwill-management company		-			26,173
	$	118,097		$	95,628

Components of Accounts Payable and Other Liabilities

Accounts Payable and Other Liabilities

	December 31
	2012			2011
	(In thousands)
Office property payables:
Accrued expenses and accounts payable	$	13,111		$	14,240
Accrued property taxes		6,868			6,465
Prepaid rents		9,488			8,393
Deferred revenues		315			447
Security deposits		4,680			3,515
Below market lease value		27,745			9,009
Accumulated amortization – below market
lease value		(5,355	)		(3,966	)
Capital lease obligations		57			57
Corporate payables		1,930			1,136
Contingent consideration		-			18,000
Deferred tax liability non-current		1,959			14,344
Deferred compensation plan liability		-			278
Dividends payable		-			2,711
Accrued payroll		2,980			1,985
Fair value of interest rate swaps		16,285			11,134
Interest payable		2,653			2,593
	$	82,716		$	90,341