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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2011
Segment Information [Abstract]  
Revenues and net operating income for reportable operating segments
The revenues and net operating income for each of the reportable operating segments are summarized as follows for the years ended December 31, 2011, 2010, and 2009 ($ in thousands):

   
Years Ended December 31,
 
   
2011
  
2010
  
2009
 
Revenues:
         
Southern California
 $223,304  $200,541  $201,083 
Northern California
  149,457   127,302   121,582 
Seattle Metro
  81,967   70,348   71,060 
Other real estate assets
  10,985   7,537   7,825 
Total property revenues
 $465,713  $405,728  $401,550 
              
Net operating income:
            
Southern California
 $146,519  $132,150  $134,179 
Northern California
  99,047   82,288   80,274 
Seattle Metro
  52,173   43,006   44,603 
Other real estate assets
  8,740   5,120   5,037 
Total net operating income
  306,479   262,564   264,093 
              
Depreciation
  (151,428)  (128,221)  (116,540)
Interest expense before amortization
  (91,694)  (82,756)  (81,196)
Amortization expense
  (11,474)  (4,828)  (4,820)
Management and other fees
  6,780   4,551   4,325 
General and administrative
  (20,694)  (23,255)  (24,966)
Cost of management and other fees
  (4,610)  (2,707)  (3,096)
Impairment and other charges
  -   (2,302)  (13,084)
Interest and other income
  17,139   27,841   13,040 
Gain (loss) on early retirement of debt
  (1,163)  (10)  4,750 
Equity (loss) income in co-investments
  (467)  (1,715)  670 
Gain on sale of real estate
  -   -   103 
              
Income before discontinued operations
 $48,868  $49,162  $43,279 
Total assets for reportable operating segments
Total assets for each of the reportable operating segments are summarized as follow as of December 31, 2011 and 2010 ($ in thousands):
As of December 31,
Assets:
2011
2010
Southern California
$1,478,018$1,428,264
Northern California
1,241,3201,119,555
Seattle Metro
579,612560,463
Other real estate assets
94,08880,726
Net reportable operating segments - real estate assets
3,393,0383,189,008
Real estate for development
44,280217,531
Co-investments
383,412107,840
Cash and cash equivalents, including restricted cash
35,46335,694
Marketable securities
74,27592,310
Notes and other receivables
66,36949,444
Other non-segment assets
40,12741,060
Total assets
$4,036,964$3,732,887