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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Property rental $ 107,340 $ 79,284 $ 210,263 $ 155,128
Tenant reinsurance 12,110 9,008 22,331 17,565
Management fees 6,796 6,659 12,974 13,245
Total revenues 126,246 94,951 245,568 185,938
Expenses:        
Property operations 33,462 26,012 67,899 52,608
Tenant reinsurance 2,202 1,424 4,112 3,272
Acquisition related costs 683 469 1,135 1,078
General and administrative 13,739 12,545 26,508 25,185
Depreciation and amortization 22,785 16,626 45,810 33,150
Total expenses 72,871 57,076 145,464 115,293
Income from operations 53,375 37,875 100,104 70,645
Gain on sale of real estate assets 800   800  
Interest expense (18,362) (15,854) (35,728) (33,925)
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes (113)   (113) (444)
Interest income 133 448 317 723
Interest income on note receivable from Preferred Operating Partnership unit holder 1,212 1,212 2,425 2,425
Income before equity in earnings of unconsolidated real estate ventures and income tax expense 37,045 23,681 67,805 39,424
Equity in earnings of unconsolidated real estate ventures 2,914 2,698 5,537 4,994
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of joint venture partners' interests     2,556 5,429
Income tax expense (2,858) (1,634) (4,866) (2,584)
Net income 37,101 24,745 71,032 47,263
Net income allocated to Preferred Operating Partnership noncontrolling interests (1,745) (1,654) (3,462) (3,303)
Net income allocated to Operating Partnership and other noncontrolling interests (890) (678) (1,679) (1,333)
Net income attributable to common stockholders $ 34,466 $ 22,413 $ 65,891 $ 42,627
Net income per common share        
Basic (in dollars per share) $ 0.31 $ 0.22 $ 0.59 $ 0.43
Diluted (in dollars per share) $ 0.31 $ 0.22 $ 0.59 $ 0.43
Weighted average number of shares        
Basic (in shares) 111,137,437 102,107,535 110,974,504 98,497,788
Diluted (in shares) 115,359,245 106,653,965 115,237,500 103,063,565
Cash dividends paid per common share (in dollars per share) $ 0.40 $ 0.20 $ 0.65 $ 0.40