Investments in Partially Owned Entities (Tables)

12 Months Ended

Dec. 31, 2011

Investments in Partially Owned Entities (Tables) [Abstract]

Partially Owned Property Balance Sheet Schedule [Table Text Block]

	Consolidated
	Development Projects (VIEs) (4)
	Held for and/or Under Development		Completed and Stabilized			Other			Total
Total projects (1)	—		2			19			21
Total apartment units (1)	—		441			3,475			3,916
Balance sheet information at 12/31/11 (at 100%):
ASSETS
Investment in real estate	$	160,732	$	114,584		$	449,140		$	724,456
Accumulated depreciation	—		(12,228		)	(144,305		)	(156,533		)
Investment in real estate, net	160,732		102,356			304,835			567,923
Cash and cash equivalents	1,638		1,503			15,578			18,719
Deposits – restricted	43,970		2,272			15,177			61,419
Escrow deposits – mortgage	—		60			—			60
Deferred financing costs, net	—		65			1,179			1,244
Other assets	3,554		140			144			3,838
Total assets	$	209,894	$	106,396		$	336,913		$	653,203
LIABILITIES AND EQUITY/CAPITAL
Mortgage notes payable	$	—	$	33,419		$	200,337		$	233,756
Accounts payable & accrued expenses	202		1,073			818			2,093
Accrued interest payable	—		104			782			886
Other liabilities	1,275		79			1,139			2,493
Security deposits	—		102			1,491			1,593
Total liabilities	1,477		34,777			204,567			240,821
Noncontrolling Interests – Partially Owned Properties	78,090		1,079			(4,863		)	74,306
Company equity/General and Limited Partners' Capital	130,327		70,540			137,209			338,076
Total equity/capital	208,417		71,619			132,346			412,382
Total liabilities and equity/capital	$	209,894	$	106,396		$	336,913		$	653,203
Debt – Secured (2):
Company/Operating Partnership Ownership (3)	$	—	$	33,419		$	159,068		$	192,487
Noncontrolling Ownership	—		—			41,269			41,269
Total (at 100%)	$	—	$	33,419		$	200,337		$	233,756

Partially Owned Property Income Statement Schedule [Table Text Block]

	Consolidated
	Development Projects (VIEs) (4)
	Held for and/or Under Development			Completed and Stabilized			Other			Total
Operating information for the year ended 12/31/11 (at 100%):
Operating revenue	$	—		$	8,961		$	57,916		$	66,877
Operating expenses	249			3,868			19,115			23,232
Net operating (loss) income	(249		)	5,093			38,801			43,645
Depreciation	—			4,163			15,117			19,280
General and administrative/other	152			6			123			281
Operating (loss) income	(401		)	924			23,561			24,084
Interest and other income	6			6			10			22
Other expenses	(487		)	—			(39		)	(526		)
Interest:
Expense incurred, net	(399		)	(3,229		)	(11,295		)	(14,923		)
Amortization of deferred financing costs	—			(382		)	(366		)	(748		)
(Loss) income before income and other taxes and net     gains on sales of land parcels and discontinued     operations	(1,281		)	(2,681		)	11,871			7,909
Income and other tax (expense) benefit	(57		)	—			(6		)	(63		)
Net gain on sales of land parcels	4,217			—			—			4,217
Net gain on sales of discontinued operations	169			—			13,259			13,428
Net income (loss)	$	3,048		$	(2,681	)	$	25,124		$	25,491