Reports Builder 11gR2 stops working when trying to open query object

When trying to open a SQL query object inside Reports Builder 11gR2 11.1.2.2 this stops responding causing the application to exit. This is due a bug in this version.

The solution at this moment for this bug is to select the SQL Query object and then go to Tools Menu -> Report Editor.

Other option would be to use Reports Builder 12c.