XML 37 R32.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Tables)
3 Months Ended
Mar. 31, 2012
Segment Information [Abstract]  
Schedule Of Segment's Contribution To Consolidated Revenues And Net Operating Income
     Three months ended
March 31,
             2012                    2011        

Revenues

         

Fully stabilized communities

     $     73,320        $     68,017  

Acquired communities

       1,058          -  

Other property segments

       5,676          5,298  

Other

       222          216  
    

 

 

      

 

 

 

Consolidated revenues

     $ 80,276        $ 73,531  
    

 

 

      

 

 

 

Contribution to Property Net Operating Income

         

Fully stabilized communities

     $ 45,066        $ 40,626  

Acquired communities

       584          -  

Other property segments, including corporate management expenses

       (233)          72  
    

 

 

      

 

 

 

Consolidated property net operating income

       45,417          40,698  
    

 

 

      

 

 

 

Interest income

       51          92  

Other revenues

       222          216  

Depreciation

       (19,341)          (18,752)  

Interest expense

       (11,645)          (14,475)  

Amortization of deferred financing costs

       (661)          (647)  

General and administrative

       (4,285)          (4,116)  

Investment and development

       (480)          (478)  

Other investment costs

       (306)          (494)  

Gains on condominium sales activities, net

       6,904          744  

Equity in income of unconsolidated real estate entities, net

       6,446          209  

Other income (expense), net

       (156)          16  

Net loss on extinguishment of indebtedness

       (301)          -  
    

 

 

      

 

 

 

Net income

     $ 21,865        $ 3,013