Income Taxes (Tables)

9 Months Ended

Sep. 30, 2014

Income Tax Contingency [Line Items]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The Company’s income tax expense (benefit) for the three and nine months ended September 30, 2014 and 2013 was as follows:

	Three Months Ended September 30						Nine Months Ended September 30
	2014			2013			2014			2013
State current	$	1		$	47		$	1,520		$	298
State deferred	(4		)	(34		)	(16		)	(59		)
Federal current	313			160			7,851			468
Federal deferred	(26		)	(38		)	1,139			251
Foreign current	399			1,353			980			1,983
Foreign deferred				(35		)	(48		)	(226		)
	$	683		$	1,453		$	11,426		$	2,715
Less income tax expense allocated to Gain on Dispositions (1)							9,733
Total income tax expense	$	683		$	1,453		$	1,693		$	2,715

(1) Amount represents the income taxes incurred as part of the Company's sale of interests in International Plaza in January 2014. The tax on the sale is classified within Gain on Dispositions, Net of Tax on the Consolidated Statement of Operations and Comprehensive Income.

Deferred tax assets and liabilities

Deferred tax assets and liabilities as of September 30, 2014 and December 31, 2013 were as follows:

	2014			2013
Deferred tax assets:
Federal	$	1,607		$	2,746
Foreign	1,822			1,821
State	550			527
Total deferred tax assets	$	3,979		$	5,094
Valuation allowances	(1,783		)	(1,831		)
Net deferred tax assets	$	2,196		$	3,263
Deferred tax liabilities:
Federal	$	602		$	602
Foreign	474			449
State	91			107
Total deferred tax liabilities	$	1,167		$	1,158