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Segment Information Segment Information (Tables)
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Segment information is as follows (in thousands):
 
Pennsylvania
Suburbs
 
Philadelphia
CBD
 
Metropolitan, D.C.
 
New Jersey/Delaware
 
Richmond,
Virginia
 
Austin, Texas
 
California
 
Corporate
 
Total
As of June 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate investments, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating properties
$
1,198,731

 
$
1,023,619

 
$
1,199,885

 
$
408,940

 
$
310,229

 
$
286,808

 
$
192,248

 
$

 
$
4,620,460

Construction-in-progress
 
 
 
 
 
 
 
 
 
 
 
 
 
 
51,260

 
51,260

Land inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
94,444

 
94,444

As of December 31, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate investments, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating properties
$
1,178,730

 
$
988,590

 
$
1,193,200

 
$
546,644

 
$
309,923

 
$
285,346

 
$
223,736

 
$

 
$
4,726,169

Construction-in-progress
 
 
 
 
 
 
 
 
 
 
 
 
 
 
48,950

 
48,950

Land inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
102,439

 
102,439

For the three-months ended June 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenue
$
37,276

 
$
36,142

 
$
28,783

 
$
15,676

 
$
8,954

 
$
9,871

 
$
4,536

 
$
(319
)
 
$
140,919

Property operating expenses, real estate taxes and third party management expenses
13,151

 
13,587

 
10,774

 
7,245

 
3,599

 
4,208

 
2,339

 
165

 
55,068

Net operating income
$
24,125

 
$
22,555

 
$
18,009

 
$
8,431

 
$
5,355

 
$
5,663

 
$
2,197

 
$
(484
)
 
$
85,851

For the three-months ended June 30, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenue
$
36,784

 
$
31,911

 
$
26,967

 
$
15,284

 
$
8,903

 
$
8,188

 
$
4,210

 
$
(444
)
 
$
131,803

Property operating expenses, real estate taxes and third party management expenses
12,640

 
11,962

 
10,451

 
7,083

 
3,470

 
3,611

 
2,249

 
(331
)
 
51,135

Net operating income
$
24,144

 
$
19,949

 
$
16,516

 
$
8,201

 
$
5,433

 
$
4,577

 
$
1,961

 
$
(113
)
 
$
80,668

For the six-months ended June 30, 2013:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenue
$
75,461

 
$
72,067

 
$
56,567

 
$
31,278

 
$
17,719

 
$
19,129

 
$
9,142

 
$
(621
)
 
$
280,742

Property operating expenses, real estate taxes and third party management expenses
27,050

 
27,121

 
21,536

 
14,653

 
7,282

 
8,165

 
4,498

 
(57
)
 
110,248

Net operating income
$
48,411

 
$
44,946

 
$
35,031

 
$
16,625

 
$
10,437

 
$
10,964

 
$
4,644

 
$
(564
)
 
$
170,494

For the six-months ended June 30, 2012:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total revenue
$
74,736

 
$
65,062

 
$
53,403

 
$
31,013

 
$
17,937

 
$
15,682

 
$
8,586

 
$
(826
)
 
$
265,593

Property operating expenses, real estate taxes and third party management expenses
25,902

 
24,648

 
20,518

 
14,912

 
7,112

 
7,009

 
4,384

 
(771
)
 
103,714

Net operating income
$
48,834

 
$
40,414

 
$
32,885

 
$
16,101

 
$
10,825

 
$
8,673

 
$
4,202

 
$
(55
)
 
$
161,879

Reconciliation Of Consolidated Net Operating Income [Table Text Block]
 
Three-month periods ended June 30,
 
Six-month periods ended June 30,
 
2013
 
2012
 
2013
 
2012
 
(amounts in thousands)
 
(amounts in thousands)
Consolidated net operating income
$
85,851

 
$
80,668

 
$
170,494

 
$
161,879

Less:
 
 
 
 
 
 
 
Interest expense
(30,437
)
 
(32,981
)
 
(61,351
)
 
(67,125
)
Deferred financing costs
(1,183
)
 
(1,261
)
 
(2,344
)
 
(2,572
)
Depreciation and amortization
(49,300
)
 
(47,476
)
 
(98,846
)
 
(95,350
)
General and administrative expenses
(7,335
)
 
(6,079
)
 
(13,886
)
 
(12,129
)
Plus:
 
 
 
 
 
 
 
Interest income
122

 
1,838

 
180

 
2,320

Interest expense - financing obligation
(211
)
 
(196
)
 
(429
)
 
(378
)
Equity in income of real estate ventures
1,508

 
838

 
3,043

 
882

Gain from remeasurement of investment in a real estate venture
7,847

 

 
7,847

 

Net gain (loss) on real estate venture transactions
3,683

 
(11
)
 
3,683

 
(11
)
Loss on early extinguishment of debt
(1,113
)
 
(1,250
)
 
(1,116
)
 
(1,498
)
Income (loss) from continuing operations
9,432

 
(5,910
)
 
7,275

 
(13,982
)
Income from discontinued operations
(2,252
)
 
12,712

 
3,824

 
30,120

Net income
$
7,180

 
$
6,802

 
$
11,099

 
$
16,138