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Investments in Real Estate and Real Estate Under Construction (Tables)
 6 Months Ended
Jun. 30, 2012
Investments in Real Estate and Real Estate Under Construction [Abstract]  
Schedule of Acquired Properties [Table Text Block]
The Company, through property owner subsidiaries, completed the following acquisition and build-to-suit transactions during the six months ended June 30, 2012:
 
 
 
 
 
 
 
 
 
Lease Intangibles
Property Type
Location
Acquisition/Completion Date
Initial Cost Basis
Lease Expiration
Land
 
Building and Improvements
 
Lease in-place Value
 
Tenant Relationships Value
Office
Huntington, WV
January 2012
$
12,558

11/2026
$
1,368

 
$
9,527

 
$
1,405

 
$
258

Office
Florence, SC
February 2012
$
5,094

02/2024
$
774

 
$
3,629

 
$
505

 
$
186

Industrial
Missouri City, TX
April 2012
$
23,000

04/2032
$
14,555

 
$
5,895

 
$
2,135

 
$
415

Industrial
Shreveport, LA
June 2012
$
12,941

03/2022
$
1,078

 
$
10,134

 
$
1,590

 
$
139

 
 
 
$
53,593

 
$
17,775

 
$
29,185

 
$
5,635

 
$
998
Schedule of Acquisition Development and Construction Arrangements Outstanding [Table Text Block]
As of June 30, 2012, the Company had the following development arrangements outstanding:
Location
Property Type
Square Feet
 
Expected Maximum Commitment/Contribution (million)
 
Estimated Purchase Price/Completion Cost (million)
 
Lease Term (Years)
 
Estimated Completion Date
Saint Joseph, MO(1)
Office
99,000

 
$
18.0

 
$
18.0

 
15
 
3Q 12
Long Island City, NY(2)
Industrial
143,000

 
$
46.7

 
$
55.5

 
15
 
1Q 13
Jessup, PA
Office
150,000

 
$
20.8

 
$
20.8

 
15
 
3Q 12
Eugene, OR
Office
80,000

 
$
17.6

 
$
17.6

 
15
 
1Q 13
Valdosta, GA
Retail
52,000

 
$
8.8

 
$
8.8

 
15
 
4Q 12
Denver, CO
Office
163,000

 
$
37.6

 
$
37.6

 
15
 
2Q 13
 
 
687,000

 
$
149.5

 
$
158.3

 
 
 
 
(1) Acquisition, development and construction arrangement.
(2) Joint venture investment. The Company has guaranteed completion to the ground owner. The guarantee obligation was valued at $1,500 and is included in accounts payable and other liabilities in the condensed consolidated balance sheets as of June 30, 2012 and December 31, 2011. In addition, the Company may loan a maximum of $4,398 to the joint venture under certain circumstances. The difference between the Company's expected contribution and the estimated completion cost represents the joint venture partner's equity.