Impairment (Tables)

3 Months Ended

Mar. 31, 2012


	Three Months Ended March 31,
	2012		2011
Continuing operations:
Property marketed for sale or sold (1)	$	244	$	770
Investments in real estate joint ventures and partnerships (2)		6,608		-

Total reported in continuing operations		6,852		770

Discontinued operations:
Property held for sale or sold (3)		3,171		455


Total impairment charges		10,023		1,225

Other financial statement captions impacted by impairment:
Equity in loss of real estate joint ventures and partnerships, net		-		110

Net impact of impairment charges	$	10,023	$	1,335

(1)

These charges resulted from changes in management's plans for these properties, primarily the marketing of these properties for sale. Also included in this caption are impairments associated with dispositions that did not qualify to be reported in discontinued operations.

(2)

Amounts reported in 2012 are based on third party offers to buy our interests in industrial real estate joint ventures.

(3)

Amounts reported in 2012 are based on third party offers.