| Net loss | |
| Loss from discontinued operations | |
| Depreciation and amortization | 0 |
| Loss on extinguishment of debt | |
| Impairment loss on real estate assets | |
| Gain on sale of available for sale securities | |
| Amortization of deferred compensation | |
| Amortization of above and below market leases | |
| (Gain) loss on disposal of assets | |
| Decrease (increase) in other assets | -24.12K |
| Decrease in due to affiliates | -31.97K |
| Increase in accounts payable, accrued expenses and other liabilities relating to operations | 169.46K |
| Net cash used in operating activities from continuing operations | |
| Net cash used in operating activities from discontinued operations | |
| Net cash used in operating activities | -2.43M |
| Sale of available for sale securities | |
| Payment of leasing costs | |
| Increase in restricted cash | |
| Increase in accounts payable, accrued expenses and other liabilities relating to investing activities | |
| Development and construction of real estate assets | 0 |
| Net cash used in investing activities from continuing operations | |
| Net cash used in investing activities from discontinued operations | |
| Net cash used in investing activities | 0 |
| Principal repayments on mortgage notes payable | |
| Principal repayments of land notes payable | |
| Payment of loan costs | 0 |
| Increase in accounts payable, accrued expenses and other liabilities relating to financing activities | |
| Net cash used in financing activities | 0 |
| NET DECREASE IN CASH AND CASH EQUIVALENTS | -2.43M |
| CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD | 19.87M |
| CASH AND CASH EQUIVALENTS, END OF PERIOD | 17.44M |
| Cash paid for interest, net of capitalized interest of $81,940 and $326,872 for the six months ended June 30, 2011 and June 30, 2010, respectively | 0 |
| Development and construction of real estate assets due to but not paid to affiliates | |
| Conversion of operating partnership units to common shares | 0 |
| Adjustments to noncontrolling interest in the operating partnership | |
| Sale of land held for investment | |
| Decrease in other assets - net | |
| Extinguishment of land notes payable | |
| Sale of real estate assets related to discontinued operations | |
| Decrease in assets related to discontinued operations | |
| Extinguishment of liabilities related to discontinued operations | |