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Investment in Real Estate (Tables)
12 Months Ended
Dec. 31, 2013
Real Estate Investment Property, Net [Abstract]  
Summary of Intangible Assets (Liabilities) Subject to Amortization in Period of Acquisition
The fair value at the date of acquisition of in-place leases, tenant relationships and below market leases recorded due to the real estate properties acquired for the years ended December 31, 2013 and 2012, which are recorded as deferred leasing intangibles, are as follows:
 
 
Year Ended
December 31,
2013
 
Year Ended
December 31,
2012
In-Place Leases
$
2,807

 
$
1,750

Tenant Relationships
$
1,914

 
$
1,012

Below Market Leases
$
(188
)
 
$
(102
)
The weighted average life in months of in-place leases, tenant relationships and below market leases recorded at the time of acquisition as a result of the real estate properties acquired for the years ended December 31, 2013 and 2012 is as follows:
 
 
Year Ended
December 31,
2013
 
Year Ended
December 31,
2012
In-Place Leases
52
 
118
Tenant Relationships
112
 
178
Below Market Leases
52
 
118
Summary Regarding Industrial Properties Included in Discontinued Operations
The following table discloses certain information regarding the industrial properties included in our discontinued operations for the years ended December 31, 2013, 2012 and 2011:
 
 
Year Ended December 31,
 
2013
 
2012
 
2011
Total Revenues
$
10,955

 
$
21,649

 
$
32,079

Property Expenses
(4,450
)
 
(8,879
)
 
(12,947
)
Impairment of Real Estate
(1,605
)
 
(1,438
)
 
(6,214
)
Depreciation and Amortization
(3,647
)
 
(7,834
)
 
(8,505
)
Interest Expense

 

 
(63
)
Gain on Sale of Real Estate
34,344

 
12,665

 
20,419

Provision for Income Taxes

 

 
(1,246
)
Income from Discontinued Operations
$
35,597

 
$
16,163

 
$
23,523

Net Non-Cash Impairment Charges
During the years ended December 31, 2013, 2012 and 2011, we recorded the following net non-cash impairment charges (reversals):
 
 
Year Ended
December 31,
2013
 
Year Ended
December 31,
2012
 
Year Ended
December 31,
2011
Sold Operating Properties
$
1,605

 
$
1,438

 
$
6,214

Impairment—Discontinued Operations
$
1,605

 
$
1,438

 
$
6,214

Sold Land Parcels
$

 
$

 
$
(5,918
)
Operating Properties Not Held for Sale
1,047

 
(192
)
 
(1,755
)
Land Parcels

 

 
(1,202
)
Impairment—Continuing Operations
$
1,047

 
$
(192
)
 
$
(8,875
)
Total Net Impairment
$
2,652

 
$
1,246

 
$
(2,661
)