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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues:      
Rental income from operating leases $ 32,995 $ 29,155 $ 29,367
Advisory services income - related party 3,789 4,204 4,584
Lease termination and other income 131 15 1,065
Total revenues 36,915 33,374 35,016
Expenses:      
General and administrative 6,049 5,944 6,320
Property expense 7,770 8,314 8,206
Legal and professional 945 1,165 1,667
Real estate commissions 342 191 157
Acquisition costs 229 12  
Depreciation and amortization 8,257 6,634 7,350
Impairment - properties   2,268 441
Impairment (recovery) - notes receivable (1,071) 1,800  
Total expenses 22,521 26,328 24,141
Operating income 14,394 7,046 10,875
Other income (expense):      
Interest and other income 493 459 446
Interest and other income - related party 319 274 201
Gain on debt extinguishment   5,374  
Loss from Advised Funds (384) (1,186) (604)
Income tax benefit (expense) for taxable REIT subsidiary (262) (1,515) 851
Interest expense (9,971) (9,541) (9,146)
Issuance costs (914)    
Debt prepayment penalties   (988)  
Income (loss) from continuing operations 3,675 (77) 2,623
Income from discontinued operations, net of taxes 148 656 735
Gain on sale of real estate acquired for resale, net of taxes 417 5,726 1,897
Income from discontinued operations 565 6,382 2,632
Net income 4,240 6,305 5,255
Net loss attributable to non-controlling interest   (173) (121)
Net income attributable to AmREIT stockholders 4,240 6,132 5,134
Distributions paid to Class C and D stockholders     (18,528)
Net income (loss) available to stockholders $ 4,240 $ 6,132 $ (13,394)
Net income (loss) per share of common stock - basic and diluted      
Income (loss) before discontinued operations $ 0.16 $ (0.02) $ (2.37)
Income from discontinued operations $ 0.02 $ 0.28 $ 0.39
Net income (loss) $ 0.18 $ 0.26 $ (1.98)
Weighted average shares of common stock used to compute net income per share, basic and diluted 22,768 22,672 6,824
Dividends per share of common stock $ 0.40 $ 0.45 $ 0.50