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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Real estate assets:    
Land $ 135,845 $ 132,393
Buildings and improvements 1,051,111 1,006,267
Fixtures and equipment 904 831
Total real estate assets, gross 1,187,860 1,139,491
Less accumulated depreciation 171,876 148,266
Real estate assets, net 1,015,984 991,225
Acquired real estate leases, less accumulated amortization of $35,282 and $31,189, respectively 92,717 91,613
Investment in non-consolidated REITs 85,927 87,598
Assets held for sale 685 15,355
Cash and cash equivalents 23,962 23,813
Restricted cash 546 493
Tenant rent receivables, less allowance for doubtful accounts of $1,340 and $1,235, respectively 1,182 1,460
Straight-line rent receivable, less allowance for doubtful accounts of $135 and $135, respectively 34,190 28,502
Prepaid expenses 2,336 1,223
Related party mortgage loan receivables 108,236 140,516
Other assets 7,939 4,070
Office computers and furniture, net of accumulated depreciation of $547 and $428, respectively 528 468
Deferred leasing commissions, net of accumulated amortization of $11,489 and $9,139, respectively 21,702 22,325
Total assets 1,395,934 1,408,661
Liabilities:    
Bank note payable 82,000 449,000
Term loan payable 400,000  
Accounts payable and accrued expenses 26,462 26,446
Accrued compensation 2,194 2,222
Tenant security deposits 2,281 2,008
Other liabilities: derivative liability 1,671  
Acquired unfavorable real estate leases, less accumulated amortization of $4,568 and $3,759, respectively 6,730 7,618
Total liabilities 521,338 487,294
Commitments and contingencies      
Stockholders' Equity:    
Preferred stock, $.0001 par value, 20,000,000 shares authorized, none issued or outstanding      
Common stock, $.0001 par value, 180,000,000 shares authorized, 82,937,405 and 82,937,405 shares issued and outstanding, respectively 8 8
Additional paid-in capital 1,042,876 1,042,876
Accumulated other comprehensive loss (1,671)  
Accumulated distributions in excess of accumulated earnings (166,617) (121,517)
Total stockholders' equity 874,596 921,367
Total liabilities and stockholders' equity $ 1,395,934 $ 1,408,661