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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2013
Segment Information [Abstract]  
Reconciliation Of Revenues And Operating Profit Loss From Segments To Consolidated
The revenues and net operating income for each of the reportable operating segments are summarized as follows for the years ended December 31, 2013, 2012, and 2011 ($ in thousands):
 
 
 
Years Ended December 31,
 
 
 
2013
  
2012
  
2011
 
Revenues:
         
   Southern California
 
$
265,226
  
$
246,534
  
$
220,416
 
   Northern California
  
214,402
   
175,325
   
149,457
 
   Seattle Metro
  
107,553
   
92,489
   
79,832
 
   Other real estate assets
  
14,822
   
12,348
   
10,955
 
       Total property revenues
 
$
602,003
  
$
526,696
  
$
460,660
 
 
            
Net operating income:
            
   Southern California
 
$
176,675
  
$
164,092
  
$
145,353
 
   Northern California
  
148,204
   
120,540
   
99,047
 
   Seattle Metro
  
71,407
   
60,853
   
51,477
 
   Other real estate assets
  
9,705
   
9,044
   
7,273
 
       Total net operating income
  
405,991
   
354,529
   
303,150
 
 
            
Depreciation
  
(192,420
)
  
(169,173
)
  
(150,009
)
Interest expense before amortization
  
(104,600
)
  
(100,244
)
  
(91,694
)
Amortization expense
  
(11,924
)
  
(11,644
)
  
(11,474
)
Management and other fees from affiliates
  
11,700
   
11,489
   
6,780
 
General and administrative
  
(25,601
)
  
(23,307
)
  
(20,694
)
Cost of management and other fees
  
(6,681
)
  
(6,513
)
  
(4,610
)
Merger expenses
  
(4,284
)
  
-
   
-
 
Interest and other income
  
11,633
   
13,833
   
17,139
 
Loss on early retirement of debt
  
(300
)
  
(5,009
)
  
(1,163
)
Gain on sale of land
  
1,503
   
-
   
-
 
Equity income (loss) income from co-investments
  
55,865
   
41,745
   
(467
)
Gain on remeasurement of co-investment
  
-
   
21,947
   
-
 
 
            
Income before discontinued operations
 
$
140,882
  
$
127,653
  
$
46,958
 
Reconciliation of Assets from Segment to Consolidated
Total assets for each of the reportable operating segments are summarized as follows as of December 31, 2013 and 2012 ($ in thousands):
 
 
 
As of December 31,
 
Assets:
 
2013
  
2012
 
   Southern California
 
$
1,746,434
  
$
1,675,265
 
   Northern California
  
1,614,159
   
1,489,095
 
   Seattle Metro
  
741,533
   
699,465
 
   Other real estate assets
  
86,745
   
88,330
 
      Net reportable operating segments - real estate assets
  
4,188,871
   
3,952,155
 
Real estate under development
  
50,430
   
66,851
 
Co-investments
  
677,133
   
571,345
 
Cash and cash equivalents, including restricted cash
  
53,766
   
42,126
 
Marketable securities
  
90,084
   
92,713
 
Notes and other receivables
  
68,255
   
66,163
 
Other non-segment assets
  
58,300
   
55,870
 
      Total assets
 
$
5,186,839
  
$
4,847,223