Investments in Unconsolidated Real Estate Partnerships (Tables)

12 Months Ended

Dec. 31, 2012

Equity Method Investments and Joint Ventures [Abstract]

Financial information for the unconsolidated real estate partnerships

The following table provides selected combined financial information for the unconsolidated real estate partnerships in which we had investments accounted for under the equity method as of and for the years ended December 31, 2012, 2011 and 2010 (in thousands):

	2012			2011			2010
Real estate, net of accumulated depreciation	$	107,419		$	429,780		$	624,913
Total assets	114,658			472,904			676,373
Non-recourse property debt and other notes payable	122,019			321,236			494,967
Total liabilities	132,767			455,591			726,480
Partners’ (deficit) capital	(18,109		)	17,313			(50,107		)
Rental and other property revenues	72,636			114,974			145,598
Property operating expenses	(49,331		)	(75,934		)	(93,521		)
Depreciation expense	(18,388		)	(26,323		)	(36,650		)
Interest expense	(21,354		)	(27,108		)	(40,433		)
(Impairment losses)/Gain on sale, net	(4,140		)	22,598			(29,316		)
Net (loss) income	(21,108		)	6,773			(58,274		)