XML 65 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES (Details) (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]      
Investments in and advances to unconsolidated affiliates $ 178,068,000   $ 181,322,000
Payments to Acquire Equity Method Investments 21,568,000 2,000  
Assets      
Real estate under development 369,407,000   337,353,000
Investments in and advances to unconsolidated affiliates 178,068,000   181,322,000
Total assets 2,345,862,000   2,264,957,000
Liabilities and Equity      
Other liabilities 20,155,000   18,265,000
Total liabilities and equity 2,345,862,000   2,264,957,000
Investments in and advances to unconsolidated affiliates 178,068,000   181,322,000
Company's share of distributions in excess of income from, and investments in, unconsolidated affiliates (8,670,000)   (8,701,000)
Combined and Condensed Statements of Operations      
Total revenues 46,685,000 42,289,000  
Operating and other expenses (31,964,000) (25,838,000)  
Equity in (losses) earnings of unconsolidated affiliates 3,029,000 2,250,000  
Depreciation and amortization (11,587,000) (9,229,000)  
Gain on sale of properties 12,387,000 0  
Income from continuing operations 19,115,000 9,555,000  
Unconsolidated Affiliates
     
Schedule of Equity Method Investments [Line Items]      
Investments in and advances to unconsolidated affiliates 21,394,000   63,745,000
Assets      
Rental property, net 385,592,000   380,268,000
Real estate under development 30,187,000   5,573,000
Investments in and advances to unconsolidated affiliates 21,394,000   63,745,000
Other assets 67,570,000   66,895,000
Total assets 504,743,000   516,481,000
Liabilities and Equity      
Mortgage notes payable 299,210,000   265,982,000
Other liabilities 46,143,000   43,733,000
Partners' equity 159,390,000   206,766,000
Total liabilities and equity 504,743,000   516,481,000
Investments in and advances to unconsolidated affiliates 21,394,000   63,745,000
Combined and Condensed Statements of Operations      
Total revenues 12,105,000 10,999,000  
Operating and other expenses (3,815,000) (4,281,000)  
Interest expense (2,524,000) (2,031,000)  
Equity in (losses) earnings of unconsolidated affiliates (328,000) (711,000)  
Depreciation and amortization (2,706,000) (2,081,000)  
Gain on sale of properties (187,000) 0  
Income from continuing operations 2,545,000 1,895,000  
Operating Partnership, as General Partner or Managing Member
     
Combined and Condensed Statements of Operations      
Equity in (losses) earnings of unconsolidated affiliates 3,029,000 2,250,000  
Company's share of net income (loss) 3,127,000 2,348,000  
Amortization of excess investment (98,000) (98,000)  
Core Portfolio
     
Schedule of Equity Method Investments [Line Items]      
Purchase Price 90,600,000    
Combined and Condensed Statements of Operations      
Total revenues 30,149,000 26,478,000  
Equity in (losses) earnings of unconsolidated affiliates 95,000 (5,000)  
Depreciation and amortization (8,333,000) (6,389,000)  
Income from continuing operations 12,675,000 1,665,000  
Core Portfolio | Crossroads
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Ownership Percentage 49.00%    
Square Footage of Real Estate Property (in square feet) 311,000    
Core Portfolio | Georgetown Portfolio
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Ownership Percentage 50.00%    
Square Footage of Real Estate Property (in square feet) 28,000    
Core Portfolio | Route 202 Shopping Center [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Ownership Percentage 22.22%    
Square Footage of Real Estate Property (in square feet) 20,000    
Funds
     
Schedule of Equity Method Investments [Line Items]      
Number of Unaffiliated Partners 2    
Combined and Condensed Statements of Operations      
Total revenues 12,642,000 12,913,000  
Equity in (losses) earnings of unconsolidated affiliates 2,934,000 2,255,000  
Depreciation and amortization (3,254,000) (2,840,000)  
Income from continuing operations 2,546,000 4,992,000  
Funds | KLAC Rex Venture LLC
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Dividends or Distributions 1,200,000    
Funds | KLAC Rex Venture LLC | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Dividends or Distributions 200,000    
Funds | Corporate Joint Venture
     
Schedule of Equity Method Investments [Line Items]      
Investments in and advances to unconsolidated affiliates 63,214,000    
Investment Income, Dividend 146,364,000    
Assets      
Investments in and advances to unconsolidated affiliates 63,214,000    
Liabilities and Equity      
Investments in and advances to unconsolidated affiliates 63,214,000    
Funds | Corporate Joint Venture | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Investments in and advances to unconsolidated affiliates 12,070,000    
Investment Income, Dividend 31,474,000    
Assets      
Investments in and advances to unconsolidated affiliates 12,070,000    
Liabilities and Equity      
Investments in and advances to unconsolidated affiliates 12,070,000    
Funds | Mervyns I and Mervyns II | KLA/Mervyns LLC Add-On Investments
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 7,547,000    
Investment Income, Dividend 5,935,000    
Funds | Mervyns I and Mervyns II | KLA/Mervyns LLC Add-On Investments | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 1,252,000    
Investment Income, Dividend 1,321,000    
Funds | Mervyns II | KLA A Markets LLC Add-On Investments
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 2,416,000    
Investment Income, Dividend 4,864,000    
Funds | Mervyns II | KLA A Markets LLC Add-On Investments | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 388,000    
Investment Income, Dividend 972,000    
Funds | Mervyns II | KLAC Rex Venture LLC
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 2,701,000    
Investment Income, Dividend 1,956,000    
Funds | Mervyns II | KLAC Rex Venture LLC | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 535,000    
Investment Income, Dividend 392,000    
Funds | Fund II | KA-Shopko LLC
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 1,108,000    
Investment Income, Dividend 2,460,000    
Funds | Fund II | KA-Shopko LLC | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 222,000    
Investment Income, Dividend 492,000    
Funds | Fund II | Marsh and Add-On Investments
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 2,667,000    
Investment Income, Dividend 2,639,000    
Funds | Fund II | Marsh and Add-On Investments | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Cost Method Investments 533,000    
Investment Income, Dividend 528,000    
Funds | KLA/Mervyns LLC | Mervyns I and Mervyns II
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investments 26,058,000    
Equity Method Investment, Dividends or Distributions 46,916,000    
Funds | KLA/Mervyns LLC | Mervyns I and Mervyns II | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investments 4,901,000    
Equity Method Investment, Dividends or Distributions 11,451,000    
Funds | KLA A Markets LLC | Mervyns II
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investments 20,717,000    
Equity Method Investment, Dividends or Distributions 81,594,000    
Funds | KLA A Markets LLC | Mervyns II | Operating Partnership, as General Partner or Managing Member
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investments 4,239,000    
Equity Method Investment, Dividends or Distributions 16,318,000    
Fund IV
     
Schedule of Equity Method Investments [Line Items]      
Purchase Price 4,900,000    
Fund IV | Savannah, GA
     
Schedule of Equity Method Investments [Line Items]      
Investments in and advances to unconsolidated affiliates 6,300,000    
Investments in affiliates subsidiaries associates and joint ventures, loan commitment 29,400,000    
Number of properties acquired 4    
Purchase Price 4,900,000    
Assets      
Investments in and advances to unconsolidated affiliates 6,300,000    
Liabilities and Equity      
Investments in and advances to unconsolidated affiliates 6,300,000    
Fund IV | Corporate Joint Venture | Savannah, GA
     
Schedule of Equity Method Investments [Line Items]      
Investments in affiliates subsidiaries associates and joint ventures, loan commitment $ 15,300,000