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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2011
Discontinued Operations  
Table Illustration of Number of Properties in Discontinued Operations
     Sold in 2011      Sold in 2010      Total  

Office

     10         11         21   

Industrial

     2         6         8   

Retail

     —           2         2   
                          
     12         19         31   
Table Illustration of Discontinued Operations in Income Statement
     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2011     2010     2011     2010  

Revenues

   $ 365      $ 11,234      $ 3,485      $ 23,997   

Operating expenses

     (74     (4,118     (1,787     (9,301

Depreciation and amortization

     (55     (3,049     (351     (6,692
                                

Operating income

     236        4,067        1,347        8,004   

Interest expense

     (79     (2,827     (1,240     (6,256
                                

Income before gain on sales

     157        1,240        107        1,748   

Gain on sale of depreciable properties

     2,712        3,078        14,316        12,856   
                                

Income from discontinued operations

   $ 2,869      $ 4,318      $ 14,423      $ 14,604   
                                
Allocation of Common Shareholders' Income (Loss) Between Continuing and Discontinued Operations
     Three Months Ended     Six Months Ended  
     June 30,     June 30,  
     2011     2010     2011      2010  

Income (loss) from continuing operations attributable to common shareholders

   $ (31,832   $ (46,591   $ 4,482       $ (71,850

Income from discontinued operations attributable to common shareholders

     2,790        4,200        14,045         14,195   
  

 

 

   

 

 

   

 

 

    

 

 

 

Net income (loss) attributable to common shareholders

   $ (29,042   $ (42,391   $ 18,527       $ (57,655