Annual report pursuant to Section 13 and 15(d)

Summary Of Significant Accounting Policies (Tables)

v2.4.0.6
Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Activity In Noncontrolling Interest

(Dollars in thousands)

   2011     2010  

Beginning balance noncontrolling interests – consolidated joint venture

   $ 13,082     $ 13,082  

Net income attributable to noncontrolling interests – consolidated joint venture

     567       1,360  

Distributions

     (567     (1,360

Additional investment in Locke Sovran II, LLC

     (13,082     —     
  

 

 

   

 

 

 

Ending balance noncontrolling interests – consolidated joint venture

   $ —        $ 13,082  
  

 

 

   

 

 

 
Redeemable Noncontrolling Interest

(Dollars in thousands)

   2011     2010  

Beginning balance noncontrolling redeemable Operating Partnership Units

   $ 12,480     $ 15,005  

Redemption of Operating Partnership Units

     —          (2,894

Redemption value in excess of carrying value

     —          1,121  

Net income attributable to noncontrolling interests – consolidated joint venture

     370       539  

Distributions

     (611     (671

Adjustment to redemption value

     2,227       (620
  

 

 

   

 

 

 

Ending balance noncontrolling redeemable Operating Partnership Units

   $ 14,466     $ 12,480  
  

 

 

   

 

 

 
Schedule Of Weighted Average Fair Value Of Options Granted
     Weighted Average   Range

Expected life (years)

   4.50   4.50

Risk free interest rate

   1.85%   1.85%

Expected volatility

   42.22%   42.22%

Expected dividend yield

   4.46%   4.40%—4.50%

Fair value

   $10.09   $9.95—$10.29
Certain Executives [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule Of Weighted Average Fair Value Of Options Granted

Expected life (years)

     2.1   

Risk free interest rate

     0.28

Expected volatility

     30.75

Fair value

   $ 28.66