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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 7,051 $ 7,623
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 28,293 27,613
Amortization of deferred financing costs, fair value adjustments and other non-cash expenses, net 379 414
Changes in operating assets and liabilities:    
Increase in due from third party managers, net (3,438) (3,370)
Increase in other assets, net (1,340) (1,076)
Increase in accounts payable and accrued expenses 2,966 5,268
Net cash provided by operating activities 33,911 36,472
Cash flows from investing activities:    
Capital improvements (6,251) (10,370)
Increase in capital improvement reserves (1,097) (2,326)
Net cash used in investing activities (7,348) (12,696)
Cash flows from financing activities:    
Net proceeds related to issuance of Units 4,288 8,434
Redemptions of Units (12,003) (13,977)
Distributions paid to common shareholders (34,305) (38,412)
Net proceeds from existing credit facilities 19,290 37,800
Net payments on extinguished credit facilities 0 (73,213)
Proceeds from mortgage debt 0 58,700
Payments of mortgage debt (3,118) (1,963)
Deferred financing costs (783) (1,145)
Net cash used in financing activities (26,631) (23,776)
Net change in cash and cash equivalents (68) 0
Cash and cash equivalents, beginning of period 68 0
Cash and cash equivalents, end of period $ 0 $ 0