Note 16 - Taxable REIT Subsidiaries (TRS) (Tables)

6 Months Ended

Jun. 30, 2011

Deferred Tax Assets And Liabilities

		June 30, 2011		December 31, 2010
Deferred tax assets:
Tax/GAAP basis differences	$	81,672	$	80,539
Operating losses		42,912		43,700
Related party deferred loss		7,276		7,275
Tax credit carryforwards		4,016		5,240
Non-U.S. tax/GAAP basis differences		24,101		25,375
Valuation allowance		(33,783)		(33,783)
Total deferred tax assets		126,194		128,346
Deferred tax liabilities-U.S.		(10,790)		(10,108)
Deferred tax liabilities-Non-U.S.		(18,632)		(15,619)
Net deferred tax assets	$	96,772	$	102,619