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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Investment in real estate $ 387,202 $ 755,392
Cash and cash equivalents 162,391 183,827
Notes receivable 4,563 5,731
Pledged treasury securities 23,299 25,281
Prepaid pension asset 35,125 40,992
Property, plant and equipment, net 14,946 13,014
Income taxes receivable 69  
Deferred tax asset 11,715  
Other assets 21,981 27,458
Total assets 661,291 1,051,695
LIABILITIES:    
Debt 53,458 [1] 54,651
Accounts payable and other 16,450 14,977
Accrued liabilities and deferred credits 47,491 73,233
Income tax payable   1,772
Deferred income taxes   34,625
Total liabilities 117,399 179,258
EQUITY:    
Common stock, no par value; 180,000,000 shares authorized; 92,267,256 and 122,923,913 issued at December 31, 2011 and 2010, respectively 890,314 935,603
Retained (deficit) earnings (336,873) 878,498
Accumulated other comprehensive (loss) (9,880) (10,546)
Treasury stock at cost, zero and 30,318,478 shares held at December 31, 2011 and 2010, respectively   (931,431)
Total stockholders' equity 543,561 872,124
Noncontrolling interest 331 313
Total equity 543,892 872,437
Total liabilities and equity $ 661,291 $ 1,051,695
[1] (a) Includes debt defeased in connection with the sale of the Company's office portfolio in the amount of $23.3 million.