Schedule III (Details) (USD $) | 12 Months Ended | | | |
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Estimated useful life | 25 years | | | | |
Aggregate cost for federal income tax purposes | $2,500,000,000 | | | | |
Encumbrances | 1,194,085,000 | [1] | | | |
Initial cost of land | 309,923,000 | [1] | | | |
Initial cost of buildings and improvements | 1,975,464,000 | [1] | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 40,808,000 | [1],[2] | | | |
Gross amount at which carried at close of period | 2,326,195,000 | [1],[3] | 2,624,160,000 | 3,222,358,000 | 3,597,339,000 |
Accumulated depreciation | 557,429,000 | [1] | 586,585,000 | 593,389,000 | 617,402,000 |
Lawson Commons St Paul Mn | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 53,793,000 | | | | |
Initial cost of land | 2,021,000 | | | | |
Initial cost of buildings and improvements | 75,881,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 8,012,000 | [2] | | | |
Gross amount at which carried at close of period | 85,914,000 | [3] | | | |
Accumulated depreciation | 30,191,000 | | | | |
Buena Vista Plaza Burbank Ca | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 20,630,000 | | | | |
Initial cost of land | 3,806,000 | | | | |
Initial cost of buildings and improvements | 28,368,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 534,000 | [2] | | | |
Gross amount at which carried at close of period | 32,708,000 | [3] | | | |
Accumulated depreciation | 10,772,000 | | | | |
1325 G Street Washington Dc | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 100,000,000 | | | | |
Initial cost of land | 71,313,000 | | | | |
Initial cost of buildings and improvements | 60,681,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 12,956,000 | [2] | | | |
Gross amount at which carried at close of period | 144,950,000 | [3] | | | |
Accumulated depreciation | 24,734,000 | | | | |
Woodcrest Corporate Center Cherry Hill Nj | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 47,460,000 | | | | |
Initial cost of land | 5,927,000 | | | | |
Initial cost of buildings and improvements | 49,977,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 5,033,000 | [2] | | | |
Gross amount at which carried at close of period | 60,937,000 | [3] | | | |
Accumulated depreciation | 20,637,000 | | | | |
Burnett Plaza Ft Worth Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 101,864,000 | | | | |
Initial cost of land | 6,239,000 | | | | |
Initial cost of buildings and improvements | 157,171,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 20,623,000 | [2] | | | |
Gross amount at which carried at close of period | 184,033,000 | [3] | | | |
Accumulated depreciation | 61,204,000 | | | | |
The Terrace Office Park Austin Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 125,781,000 | | | | |
Initial cost of land | 17,330,000 | | | | |
Initial cost of buildings and improvements | 124,551,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 14,192,000 | [2] | | | |
Gross amount at which carried at close of period | 156,073,000 | [3] | | | |
Accumulated depreciation | 46,304,000 | | | | |
Bank of America Plaza Charlotte Nc | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 150,000,000 | | | | |
Initial cost of land | 26,656,000 | | | | |
Initial cost of buildings and improvements | 185,215,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 21,521,000 | [2] | | | |
Gross amount at which carried at close of period | 233,392,000 | [3] | | | |
Accumulated depreciation | 65,025,000 | | | | |
Three Parkway Philadelphia Pa | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 64,331,000 | | | | |
Initial cost of land | 7,905,000 | | | | |
Initial cost of buildings and improvements | 69,033,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 13,960,000 | [2] | | | |
Gross amount at which carried at close of period | 90,898,000 | [3] | | | |
Accumulated depreciation | 25,962,000 | | | | |
One & Two Eldridge Place Houston Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 72,022,000 | | | | |
Initial cost of land | 6,605,000 | | | | |
Initial cost of buildings and improvements | 89,506,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 16,716,000 | [2] | | | |
Gross amount at which carried at close of period | 112,827,000 | [3] | | | |
Accumulated depreciation | 34,238,000 | | | | |
Centreport Office Center Ft Worth Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 125,000,000 | [4] | | | |
Initial cost of land | 3,175,000 | | | | |
Initial cost of buildings and improvements | 12,917,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -6,233,000 | [2] | | | |
Gross amount at which carried at close of period | 9,859,000 | [3] | | | |
Accumulated depreciation | 2,704,000 | | | | |
FOUR40 Chicago Il | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [4] | | | |
Initial cost of land | 23,285,000 | | | | |
Initial cost of buildings and improvements | 265,099,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -86,910,000 | [2] | | | |
Gross amount at which carried at close of period | 201,474,000 | [3] | | | |
Accumulated depreciation | 24,140,000 | | | | |
111 Woodcrest Cherry Hill Nj | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [4] | | | |
Initial cost of land | 1,000,000 | | | | |
Initial cost of buildings and improvements | 5,417,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -853,000 | [2] | | | |
Gross amount at which carried at close of period | 5,564,000 | [3] | | | |
Accumulated depreciation | 1,422,000 | | | | |
1650 Arch Street Philadelphia Pa [Member] | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | | | | |
Initial cost of land | 24,000,000 | | | | |
Initial cost of buildings and improvements | 60,825,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -19,899,000 | [2] | | | |
Gross amount at which carried at close of period | 64,926,000 | [3] | | | |
Accumulated depreciation | 14,685,000 | | | | |
United Plaza Philadelphia Pa [Member] | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | | | | |
Initial cost of land | 23,736,000 | | | | |
Initial cost of buildings and improvements | 90,001,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 12,568,000 | [2] | | | |
Gross amount at which carried at close of period | 126,305,000 | [3] | | | |
Accumulated depreciation | 28,447,000 | | | | |
One Oxmoor Place Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 66,692,000 | [5] | | | |
Initial cost of land | 2,851,000 | | | | |
Initial cost of buildings and improvements | 17,614,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,129,000 | [2] | | | |
Gross amount at which carried at close of period | 22,594,000 | [3] | | | |
Accumulated depreciation | 5,765,000 | | | | |
Hurstbourne Place Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [5] | | | |
Initial cost of land | 4,587,000 | | | | |
Initial cost of buildings and improvements | 30,203,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -12,638,000 | [2] | | | |
Gross amount at which carried at close of period | 22,152,000 | [3] | | | |
Accumulated depreciation | 6,484,000 | | | | |
Hurstbourne Park Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [5] | | | |
Initial cost of land | 2,297,000 | | | | |
Initial cost of buildings and improvements | 12,728,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -3,014,000 | [2] | | | |
Gross amount at which carried at close of period | 12,011,000 | [3] | | | |
Accumulated depreciation | 3,348,000 | | | | |
Hurstbourne Plaza Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [5],[6] | | | |
Initial cost of land | 4,000,000 | [6] | | | |
Initial cost of buildings and improvements | 10,054,000 | [6] | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -384,000 | [2],[6] | | | |
Gross amount at which carried at close of period | 13,670,000 | [3],[6] | | | |
Accumulated depreciation | 9,417,000 | [6] | | | |
Forum Office Park Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [5] | | | |
Initial cost of land | 6,811,000 | | | | |
Initial cost of buildings and improvements | 32,548,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,721,000 | [2] | | | |
Gross amount at which carried at close of period | 49,080,000 | [3] | | | |
Accumulated depreciation | 11,282,000 | | | | |
Lakeview Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [5] | | | |
Initial cost of land | 1,468,000 | | | | |
Initial cost of buildings and improvements | 8,574,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -2,936,000 | [2] | | | |
Gross amount at which carried at close of period | 7,106,000 | [3] | | | |
Accumulated depreciation | 979,000 | | | | |
Steeplechase Place Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [5] | | | |
Initial cost of land | 1,766,000 | | | | |
Initial cost of buildings and improvements | 7,424,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 1,581,000 | [2] | | | |
Gross amount at which carried at close of period | 10,771,000 | [3] | | | |
Accumulated depreciation | 2,386,000 | | | | |
Hunnington Louisville Ky | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [5] | | | |
Initial cost of land | 978,000 | | | | |
Initial cost of buildings and improvements | 5,507,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -404,000 | [2] | | | |
Gross amount at which carried at close of period | 6,081,000 | [3] | | | |
Accumulated depreciation | 1,483,000 | | | | |
One & Two Chestnut Place Worcester Ma | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | | | | |
Initial cost of land | 2,903,000 | | | | |
Initial cost of buildings and improvements | 15,715,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -10,070,000 | [2] | | | |
Gross amount at which carried at close of period | 8,548,000 | [3] | | | |
Accumulated depreciation | 39,000 | | | | |
5104 Eisenhower Boulevard Tampa Fl | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [4] | | | |
Initial cost of land | 2,602,000 | | | | |
Initial cost of buildings and improvements | 25,054,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 6,121,000 | [2] | | | |
Gross amount at which carried at close of period | 33,777,000 | [3] | | | |
Accumulated depreciation | 8,826,000 | | | | |
Plaza at MetroCenter Nashville Tn | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 23,622,000 | | | | |
Initial cost of land | 3,341,000 | | | | |
Initial cost of buildings and improvements | 35,333,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | -2,996,000 | [2] | | | |
Gross amount at which carried at close of period | 35,678,000 | [3] | | | |
Accumulated depreciation | 4,954,000 | | | | |
Loop Central Houston Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 42,486,000 | | | | |
Initial cost of land | 11,653,000 | | | | |
Initial cost of buildings and improvements | 86,587,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 15,958,000 | [2] | | | |
Gross amount at which carried at close of period | 114,198,000 | [3] | | | |
Accumulated depreciation | 30,541,000 | | | | |
801 Thompson Rockville Md | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | | | | |
Initial cost of land | 3,200,000 | | | | |
Initial cost of buildings and improvements | 10,578,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 108,000 | [2] | | | |
Gross amount at which carried at close of period | 13,886,000 | [3] | | | |
Accumulated depreciation | 3,028,000 | | | | |
500 E Pratt Baltimore Md | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 58,800,000 | | | | |
Initial cost of land | 0 | | | | |
Initial cost of buildings and improvements | 66,390,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,023,000 | [2] | | | |
Gross amount at which carried at close of period | 68,413,000 | [3] | | | |
Accumulated depreciation | 19,607,000 | | | | |
One BriarLake Plaza Houston Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 95,947,000 | | | | |
Initial cost of land | 9,602,000 | | | | |
Initial cost of buildings and improvements | 119,660,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 9,876,000 | [2] | | | |
Gross amount at which carried at close of period | 139,138,000 | [3] | | | |
Accumulated depreciation | 33,171,000 | | | | |
Two BriarLake Plaza Houston Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 45,895,000 | | | | |
Initial cost of land | 2,446,000 | | | | |
Initial cost of buildings and improvements | 75,687,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 0 | [2] | | | |
Gross amount at which carried at close of period | 78,133,000 | [3] | | | |
Accumulated depreciation | 127,000 | | | | |
Colorado Building Washington Dc | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [4] | | | |
Initial cost of land | 13,328,000 | | | | |
Initial cost of buildings and improvements | 28,109,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 2,851,000 | [2] | | | |
Gross amount at which carried at close of period | 44,288,000 | [3] | | | |
Accumulated depreciation | 9,217,000 | | | | |
Three Eldridge Place Houston Tx | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | [4] | | | |
Initial cost of land | 3,090,000 | | | | |
Initial cost of buildings and improvements | 62,181,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 10,659,000 | [2] | | | |
Gross amount at which carried at close of period | 75,930,000 | [3] | | | |
Accumulated depreciation | 16,310,000 | | | | |
5950 Sherry Lane Dallas Tx [Member] | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | 0 | | | | |
Initial cost of land | 10,002,000 | | | | |
Initial cost of buildings and improvements | 50,876,000 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 3,000 | [2] | | | |
Gross amount at which carried at close of period | 60,881,000 | [3] | | | |
Accumulated depreciation | 0 | | | | |
unamortized discount | | | | | |
Real Estate and Accumulated Depreciation [Line Items] | | | | | |
Encumbrances | -238,000 | | | | |
Initial cost of land | 0 | | | | |
Initial cost of buildings and improvements | 0 | | | | |
SEC Schedule III, Real Estate and Accumulated Depreciation, Costs Capitalized Subsequent to Acquisition, Improvements | 0 | [2] | | | |
Gross amount at which carried at close of period | 0 | [3] | | | |
Accumulated depreciation | $0 | | | | |
|
[1] | Excludes balances related to real estate held for sale at December 31, 2014. |
[2] | Includes adjustments to basis, such as impairment losses. |
[3] | The aggregate cost for federal income tax purposes is approximately $2.5 billion. |
[4] | Centreport Office Center, FOUR40, 111 Woodcrest, 5104 Eisenhower Blvd., the Colorado Building, Three Eldridge Place, and 1650 Arch Street are each held as collateral for this notes payable. |
[5] | One Oxmoor Place, Hurstborne Place, Hurstborne Park, Hurstborne Plaza, Forum Office Park, Lakeview, Steeplechase Place, Hunnington, and One & Two Chestnut Place are each held as collateral for this note payable. |
[6] | Hurstborne Plaza is a retail shopping center. All of our other properties are office buildings. |