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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME      
Rental income $ 226,910 $ 203,700 $ 168,074
Expenses:      
Real estate taxes 25,710 22,485 18,426
Utility expenses 17,116 15,767 13,918
Other operating expenses 41,134 37,074 29,773
Depreciation and amortization 55,699 49,070 37,776
Acquisition related costs 2,439 1,614 3,504
General and administrative 12,710 11,924 10,469
Total expenses 154,808 137,934 113,866
Operating income 72,102 65,766 54,208
Interest and other income 37 29 104
Interest expense (including net amortization of debt premiums and deferred financing fees of $1,340, $1,332 and $1,045, respectively) (16,831) (16,892) (12,057)
Income from continuing operations before income tax expense and equity in earnings of an investee 55,308 48,903 42,255
Income tax expense (133) (159) (203)
Equity in earnings of an investee 334 316 139
Income from continuing operations 55,509 49,060 42,191
Income (loss) from discontinued operations (889) 900 3,806
Net income 54,620 49,960 45,997
Other Comprehensive income (loss):      
Equity in unrealized gain (loss) of an investee (50) 22 75
Other Comprehensive income (loss) (50) 22 75
Comprehensive income $ 54,570 $ 49,982 $ 46,072
Weighted average common shares outstanding (in shares) 54,680 48,617 43,368
Per common share amounts:      
Income from continuing operations per common share (in dollars per share) $ 1.02 $ 1.01 $ 0.97
Income (loss) from discontinued operations per common share (in dollars per share) $ (0.02) $ 0.02 $ 0.09
Net income per common share (in dollars per share) $ 1.00 $ 1.03 $ 1.06