Segment Information (LP)

9 Months Ended

Sep. 30, 2011

Segment Information [Abstract]

Segment Information (LP)

13.      Segment Information

The following table summarizes the rental and other revenues and net operating income, the primary industry property-level performance metric which is defined as rental and other revenues less rental property and other expenses, for each reportable segment:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
Rental and Other Revenues: (1)
Office:
Atlanta, GA	$	13,045	$	11,869	$	37,290	$	36,066
Greenville, SC		3,617		3,312		10,560		10,439
Kansas City, MO		3,559		3,673		10,801		11,044
Memphis, TN		10,270		9,692		30,450		24,888
Nashville, TN		15,598		14,598		45,576		44,562
Orlando, FL		2,677		2,920		7,614		8,985
Piedmont Triad, NC		4,914		5,270		15,549		16,034
Pittsburgh, PA		1,582		—		1,582		—
Raleigh, NC		20,051		18,843		59,472		56,174
Richmond, VA		13,378		12,209		36,431		35,485
Tampa, FL		17,776		17,830		52,026		53,807
Total Office Segment		106,467		100,216		307,351		297,484
Industrial:
Atlanta, GA		3,976		3,660		11,938		11,477
Piedmont Triad, NC		3,151		3,259		8,955		9,324
Total Industrial Segment		7,127		6,919		20,893		20,801
Retail:
Kansas City, MO		8,492		8,105		25,594		24,542
Total Retail Segment		8,492		8,105		25,594		24,542
Residential:
Kansas City, MO		—		288		284		969
Total Residential Segment		—		288		284		969
Total Rental and Other Revenues	$	122,086	$	115,528	$	354,122	$	343,796

	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
Net Operating Income: (1)
Office:
Atlanta, GA	$	8,059		$	7,388		$	23,518		$	22,870
Greenville, SC		2,099			1,858			6,238			6,313
Kansas City, MO		2,025			2,159			6,249			6,705
Memphis, TN		5,703			5,506			16,919			15,026
Nashville, TN		10,257			9,488			30,225			29,450
Orlando, FL		1,379			1,554			3,830			4,896
Piedmont Triad, NC		2,898			3,486			9,945			10,586
Pittsburgh, PA		897			—			897			—
Raleigh, NC		13,918			12,527			41,391			38,241
Richmond, VA		7,776			7,631			23,856			24,008
Tampa, FL		11,013			10,900			32,192			32,742
Total Office Segment		66,024			62,497			195,260			190,837
Industrial:
Atlanta, GA		2,861			2,492			8,698			8,063
Piedmont Triad, NC		2,253			2,459			6,582			6,840
Total Industrial Segment		5,114			4,951			15,280			14,903
Retail:
Kansas City, MO		5,031			4,573			15,146			14,685
Total Retail Segment		5,031			4,573			15,146			14,685
Residential:
Kansas City, MO (2)		(34	)		168			58			595
Total Residential Segment		(34	)		168			58			595
Total Net Operating Income		76,135			72,189			225,744			221,020
Reconciliation to income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates:
Depreciation and amortization		(36,320	)		(34,183	)		(103,467	)		(100,081	)
Impairment of assets held for use		(2,429	)		—			(2,429	)		—
General and administrative expense		(12,280	)		(8,882	)		(27,965	)		(24,579	)
Interest expense		(24,390	)		(23,338	)		(71,840	)		(69,385	)
Interest and other income		1,505			1,624			5,253			4,289
Income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates	$	2,221		$	7,410		$	25,296		$	31,264

__________

(1) Net of discontinued operations.

(2) Negative NOI with no corresponding revenues represents expensed real estate taxes and other carrying costs with little or no corresponding revenue.