Quarterly report pursuant to Section 13 or 15(d)

Information by Business Segment (Details 2)

v2.4.0.6
Information by Business Segment (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Reconciliation of segment revenues to total revenues        
Segment revenues from real estate operations $ 121,264 $ 125,129 $ 370,536 $ 368,376
Construction contract and other service revenues 15,283 18,729 53,812 67,854
Less: Revenues from discontinued operations (Note 14) (6,403) (17,151) (33,849) (51,363)
Total revenues 130,144 126,707 390,499 384,867
Reconciliation of segment property operating expenses to property operating expenses        
Segement property operating expenses 45,016 47,994 138,562 142,819
Less: Property operating expenses from discontinued operations (Note 14) (2,217) (6,325) (12,223) (19,684)
Total property operating expenses 42,799 41,669 126,339 123,135
Computation of net operating income from service operations        
Construction contract and other service revenues 15,283 18,729 53,812 67,854
Construction contract and other service expenses (14,410) (18,171) (51,302) (65,698)
NOI from service operations 873 558 2,510 2,156
Reconciliation of NOI from real estate operations and NOI from service operations to (loss) income from continuing operations        
NOI from real estate operations 76,248 77,135 231,974 225,557
NOI from service operations 873 558 2,510 2,156
Interest and other income 1,095 (242) 3,152 3,682
Equity in loss of unconsolidated entities (246) (159) (522) (223)
Income tax (expense) benefit (106) 457 (4,296) 6,043
Other adjustments:        
Depreciation and amortization associated with real estate operations (28,698) (31,269) (84,920) (84,205)
Impairment losses (46,096) 0 (41,260) (42,983)
General and administrative expenses (5,061) (6,154) (19,820) (19,251)
Business development expenses and land carry costs (1,632) (1,751) (4,506) (4,322)
Interest expense on continuing operations (23,239) (24,176) (71,909) (74,861)
NOI from discontinued operations (4,186) (10,826) (21,626) (31,679)
Loss on early extinguishment of debt (768) (1,611) (937) (1,636)
(Loss) income from continuing operations $ (31,816) $ 1,962 $ (12,160) $ (21,722)