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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2011
Accounting Policies [Abstract]  
Schedule of capitalized salaries including bonuses and benefits
 
December 31,
 
2011
 
2010
 
2009
Development
$

 
$
2,331

 
$
1,772

Redevelopment

 
127

 
398

Tenant Improvements
3,539

 
940

 
1,757

Total
$
3,539

 
$
3,398

 
$
3,927

Schedule of other assets
Other assets is comprised of the following as of December 31, 2011 (in thousands):
 
December 31,
 
2011
 
2010
Prepaid Ground Rent
$
7,615

 
$
7,704

Prepaid Real Estate Taxes
7,983

 
7,648

Rent inducements, net
7,572

 
6,262

Cash surrender value of life insurance
9,261

 
8,128

Restricted cash
2,528

 
4,029

Marketable securities
2,366

 
2,614

Prepaid insurance
2,589

 
2,432

Furniture, fixtures and equipment
634

 
1,613

Deposits on future settlements
3,884

 
2,035

Others
8,726

 
12,232

Total
$
53,158

 
$
54,697

Fair value of assets and liabilities on recurring basis
 
Fair Value Measurements at Reporting
Date Using:
Description
December 31, 2011
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Unobservable
Inputs
(Level 3)
Recurring
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Available-for-Sale Securities
$

 
$

 
$

 
$

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest Rate Swaps
$
3,886

 
$

 
$
3,886

 
$

The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2010 (in thousands):
 
Fair Value Measurements at Reporting
Date Using:
Description
December 31, 2010
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Unobservable
Inputs
(Level 3)
Recurring
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Available-for-Sale Securities
$
248

 
$
248

 
$

 
$