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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Real Estate:    
Land $ 344,309 $ 345,473
Buildings and improvements 251,942 270,381
Total real estate 596,251 615,854
Less - accumulated depreciation and amortization (129,838) (137,117)
Real estate, net 466,413 478,737
Net investment in direct financing lease 92,290 92,632
Deferred rent receivable (net of allowance of $25,630 at December 31, 2011) 9,459 8,080
Cash and cash equivalents 18,492 7,698
Notes, mortgages and accounts receivable, (net of allowance of $26,219 at June 30, 2012 and $9,480 at December 31, 2011) 34,303 36,083
Other assets 26,969 11,859
Total assets 647,926 635,089
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Borrowings under credit line 151,700 147,700
Term loan 22,420 22,810
Environmental remediation costs 52,263 57,700
Dividends payable 4,202  
Accounts payable and accrued liabilities 38,891 34,710
Total liabilities 269,476 262,920
Commitments and contingencies (notes 2, 3, 5, and 6)      
Shareholders' equity:    
Common stock, par value $.01 per share; authorized 50,000,000 shares; issued [33,394,755] at June 30, 2012 and 33,394,395 at December 31, 2011 334 334
Paid-in capital 461,059 460,687
Dividends paid in excess of earnings (82,943) (88,852)
Total shareholders' equity 378,450 372,169
Total liabilities and shareholders equity $ 647,926 $ 635,089