Investments in Partially Owned Entities (Tables)

9 Months Ended

Sep. 30, 2012

Investments in Partially Owned Entities (Tables) [Abstract]

Partially Owned Property Balance Sheet Schedule [Table Text Block]

	Consolidated								Unconsolidated
	Development Projects (VIEs) (4)
	Held for and/or Under Development		Other			Total			Institutional Joint Ventures (5)
Total projects (1)	—		19			19			—
Total apartment units (1)	—		3,475			3,475			—
Balance sheet information at 9/30/12 (at 100%):
ASSETS
Investment in real estate	$	149,888	$	452,473		$	602,361		$	143,996
Accumulated depreciation	—		(155,820		)	(155,820		)	—
Investment in real estate, net	149,888		296,653			446,541			143,996
Cash and cash equivalents	5,475		15,641			21,116			155
Deposits – restricted	43,601		5			43,606			—
Deferred financing costs, net	—		1,055			1,055			6
Other assets	5,811		153			5,964			—
Total assets	$	204,775	$	313,507		$	518,282		$	144,157
LIABILITIES AND EQUITY/CAPITAL
Mortgage notes payable	$	—	$	200,337		$	200,337		$	50,934
Accounts payable & accrued expenses	222		2,273			2,495			4,995
Accrued interest payable	—		782			782			204
Other liabilities	1,269		1,107			2,376			117
Security deposits	—		1,506			1,506			1
Total liabilities	1,491		206,005			207,496			56,251
Noncontrolling Interests – Partially Owned    Properties	82,776		(7,348		)	75,428			70,428
Company equity/General and Limited Partners'    Capital	120,508		114,850			235,358			17,478
Total equity/capital	203,284		107,502			310,786			87,906
Total liabilities and equity/capital	$	204,775	$	313,507		$	518,282		$	144,157
Debt – Secured (2):
Company/Operating Partnership Ownership (3)	$	—	$	159,068		$	159,068		$	10,187
Noncontrolling Ownership	—		41,269			41,269			40,747
Total (at 100%)	$	—	$	200,337		$	200,337		$	50,934

Partially Owned Property Income Statement Schedule [Table Text Block]

	Consolidated									Unconsolidated
	Development Projects (VIEs) (4)
	Held for and/or Under Development			Other			Total			Institutional Joint Ventures (5)
Operating information for the nine months ended 9/30/12 (at 100%):
Operating revenue	$	—		$	46,432		$	46,432		$	2
Operating expenses	121			14,789			14,910			112
Net operating (loss) income	(121		)	31,643			31,522			(110		)
Depreciation	—			11,516			11,516			—
General and administrative/other	93			39			132			—
Operating (loss) income	(214		)	20,088			19,874			(110		)
Interest and other income	2			100			102			—
Other expenses	(248		)	—			(248		)	—
Interest:
Expense incurred, net	—			(7,040		)	(7,040		)	—
Amortization of deferred financing costs	—			(125		)	(125		)	—
(Loss) income before income and other taxes	(460		)	13,023			12,563			(110		)
Income and other tax (expense) benefit	(25		)	(75		)	(100		)	—
Net (loss) income	$	(485	)	$	12,948		$	12,463		$	(110	)