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MORTGAGES NOTES PAYABLE (Details) (USD $)
1 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended
Sep. 30, 2012
Dec. 31, 2011
Aug. 31, 2012
Mortgages
Mar. 31, 2012
Chicago Illinois
Four Property Portfolio
properties
Sep. 30, 2012
Secured Credit Facilities - Variable-Rate
Fund III revolving subscription line of credit
Line of Credit
Sep. 30, 2012
Secured Credit Facilities - Variable-Rate
Fund II
Line of Credit
Sep. 30, 2012
6.40% Mortgage Note
Mortgages
Sep. 30, 2012
4.20% Mortgage Note
Mortgages
Jun. 30, 2012
LIBOR Plus 2.95% Mortgage Note
Mortgages
Jun. 30, 2012
LIBOR Plus 2.95% Mortgage Note
Mortgages
LIBOR
Sep. 30, 2012
LIBOR Plus 2.95% Mortgage Note
Mortgages
LIBOR
Jun. 30, 2012
6.35% Mortgage Note
Washington, D.C.
Shopping Center
Mortgages
Jun. 30, 2012
Disposal Property Loan, Mortgage Note
Mortgages
May 31, 2012
3.68% Mortgage Note
Mortgages
Apr. 30, 2012
LIBOR Plus 2.25% Construction Loan
Construction Loans
extension_options
Apr. 30, 2012
LIBOR Plus 2.25% Construction Loan
Construction Loans
LIBOR
Apr. 30, 2012
Mortgage Notes Maturing April 2012
Mortgages
Sep. 30, 2012
Mortgage Notes Maturing April 2012
Mortgages
Apr. 30, 2012
Mortgage Notes Maturing April 2012
Chicago Illinois
Lincoln Park Centre
Fund III revolving subscription line of credit
Mortgages
Sep. 30, 2012
LIBOR Plus 1.9% Mortgage Note
Mortgages
Apr. 30, 2012
LIBOR Plus 1.9% Mortgage Note
Mortgages
Sep. 30, 2012
LIBOR Plus 1.9% Mortgage Note
Mortgages
LIBOR
Apr. 30, 2012
LIBOR Plus 1.9% Mortgage Note
Mortgages
LIBOR
Sep. 30, 2012
LIBOR Plus 3.0% Mortgage Note
Mortgages
extension_options
Sep. 30, 2012
LIBOR Plus 3.0% Mortgage Note
Mortgages
LIBOR
Aug. 31, 2012
LIBOR Plus 2.25% Mortgage Note
Mortgages
extension_options
Aug. 31, 2012
LIBOR Plus 2.25% Mortgage Note
Mortgages
LIBOR
Aug. 31, 2012
1% Mortgage Note
Mortgages
Aug. 31, 2012
LIBOR Plus Three Point Three Percent Construction Line of Credit [Member]
Construction Loans
Aug. 31, 2012
LIBOR Plus Three Point Three Percent Construction Line of Credit [Member]
Construction Loans
LIBOR
Jul. 31, 2012
LIBOR Plus Three Point Three-Five Percent Mortgage Note [Member]
Mortgages
Jul. 31, 2012
LIBOR Plus Three Point Three-Five Percent Mortgage Note [Member]
Mortgages
LIBOR
Mar. 31, 2012
5.62% Mortage Note
Chicago Illinois
Four Property Portfolio
Mortgages
Mar. 31, 2012
5.55% Mortage Note
Chicago Illinois
Four Property Portfolio
Mortgages
Feb. 29, 2012
6.26% Mortage Note
Cambridge Massachusetts
Single Tenant Property
Mortgages
Feb. 29, 2012
Mortgage Notes Payable - Variable-Rate
Mortgages
LIBOR
Debt Instrument [Line Items]                                                                        
Line of credit facility, repayments         $ 53,100,000 $ 7,600,000                                                            
Line of credit facility, amount outstanding         82,900,000 32,400,000                                                            
Long-term Debt, Refinanced Amount             7,800,000               56,500,000                 83,300,000             11,500,000          
Mortgages payable, face amount             8,000,000   22,800,000         4,300,000 69,600,000         6,400,000 15,500,000         21,000,000   20,000,000 50,000,000   10,600,000          
Long-term Debt, Intercompany Elimination                                                       14,800,000                
Mortgages payable 871,243,000 767,150,000                               73,900,000                   5,200,000                
Business Acquisition, Debt Assumption                       16,500,000             19,800,000                           14,500,000 1,500,000 7,000,000  
Interest rate             6.40% 4.20%       6.35%   3.68%         5.85%                 1.00%     7.34%   5.62% 5.55% 6.26%  
Repayments of Long-term Debt     12,500,000                   8,300,000                                              
Debt Instrument, Increase, Additional Borrowings                                 $ 23,600,000                                      
Number of Properties Collateralized (in properties)       4                                                                
Number of loan extensions (in extension options)                             2                 2   2                    
Length of loan extension option                 1 year         5 years 1 year                 1 year   1 year                 5 years  
LIBOR                   LIBOR           LIBOR           LIBOR LIBOR   LIBOR   LIBOR     LIBOR   LIBOR       LIBOR
Basis Spread                     2.95%         2.25%           1.90% 1.90%   3.00%   2.25%     3.30%   3.35%       2.00%