Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v2.4.0.6
Segment Information (Tables)
6 Months Ended
Jun. 30, 2012
Segment Reporting Information, Revenue for Reportable Segment [Abstract]  
Reconciliation of Net Operating Income of Reportable Segments
The following tables present revenues and net operating income for the 2012 and 2011 Quarters and Periods from these segments, and reconciles net operating income of reportable segments to net income as reported (in thousands):
 
Quarter Ended June 30, 2012
 
Office
 
Medical Office
 
Retail
 
Multifamily
 
Corporate and Other
 
Consolidated
Real estate rental revenue
$
38,426

 
$
11,285

 
$
13,970

 
$
13,096

 
$

 
$
76,777

Real estate expenses
13,570

 
3,781

 
3,030

 
5,098

 

 
25,479

Net operating income
$
24,856

 
$
7,504

 
$
10,940

 
$
7,998

 
$

 
$
51,298

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
(25,591
)
General and administrative
 
 
 
 
 
 
 
 
 
 
(4,164
)
Interest expense
 
 
 
 
 
 
 
 
 
 
(15,533
)
Acquisition costs
 
 
 
 
 
 
 
 
 
 
(254
)
Other income
 
 
 
 
 
 
 
 
 
 
252

Net income
 
 
 
 
 
 
 
 
 
 
6,008

Less: Net income attributable to noncontrolling interests
 
 
 
 
 
 
 
 
 
 

Net income attributable to the controlling interests
 
 
 
 
 
 
 
 
 
 
$
6,008

Capital expenditures
$
7,278

 
$
1,148

 
$
1,154

 
$
1,486

 
$
205

 
$
11,271

Total assets
$
1,158,617

 
$
343,557

 
$
360,012

 
$
245,947

 
$
45,538

 
$
2,153,671


 
Quarter Ended June 30, 2011
 
Office
 
Medical
Office
 
Retail
 
Multifamily
 
Industrial/Flex
 
Corporate
and Other
 
Consolidated
Real estate rental revenue
$
35,219

 
$
11,519

 
$
12,237

 
$
12,709

 
$

 
$

 
$
71,684

Real estate expenses
11,902

 
3,421

 
3,619

 
4,859

 

 

 
23,801

Net operating income
$
23,317

 
$
8,098

 
$
8,618

 
$
7,850

 
$

 
$

 
$
47,883

Depreciation and amortization
 
 
 
 
 
 
 
 
 
 
 
 
(22,526
)
General and administrative
 
 
 
 
 
 
 
 
 
 
 
 
(4,049
)
Interest expense
 
 
 
 
 
 
 
 
 
 
 
 
(16,865
)
Acquisition costs
 
 
 
 
 
 
 
 
 
 
 
 
(322
)
Other income
 
 
 
 
 
 
 
 
 
 
 
 
310

Discontinued operations:
 
 
 
 
 
 
 
 
 
 
 
 
 
Income tax expense
 
 
 
 
 
 
 
 
 
 
 
 
(1,173
)
Income from discontinued operations
 
 
 
 
 
 
 
 
 
 
 
 
3,298

Net income
 
 
 
 
 
 
 
 
 
 
 
 
6,556

Less: Net income attributable to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
(34
)
Net income attributable to the controlling interests
 
 
 
 
 
 
 
 
 
 
 
 
$
6,522

Capital expenditures
$
3,367

 
$
1,288

 
$
1,030

 
$
766

 
$
258

 
$
126

 
$
6,835

Total assets
$
991,238

 
$
352,242

 
$
308,655

 
$
236,358

 
$
223,536

 
$
75,147

 
$
2,187,176