CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Real estate properties:
Land	$ 228,824	$ 224,674
Buildings and improvements	1,147,361	1,129,994
Total real estate properties, at cost, gross	1,376,185	1,354,668
Accumulated depreciation	(164,890)	(156,618)
Total real estate properties, at cost, net	1,211,295	1,198,050
Acquired real estate leases, net	110,805	117,596
Cash and cash equivalents	1,394	3,272
Restricted cash	3,970	1,736
Rents receivable, net	27,086	29,000
Deferred leasing costs, net	3,498	3,074
Deferred financing costs, net	6,624	5,550
Other assets, net	18,152	10,297
Total assets	1,382,824	1,368,575
LIABILITIES AND SHAREHOLDERS' EQUITY
Unsecured revolving credit facility	27,000	345,500
Unsecured term loan	350,000
Mortgage notes payable	94,271	95,383
Accounts payable and accrued expenses	19,652	20,691
Due to related persons	2,878	4,071
Assumed real estate lease obligations, net	10,721	11,262
Total liabilities	504,522	476,907
Commitments and contingencies
Shareholders' equity:
Common shares of beneficial interest, $.01 par value: 70,000,000 shares authorized, 47,099,971 and 47,051,650 shares issued and outstanding, respectively	471	471
Additional paid in capital	936,603	935,438
Cumulative net income	112,346	87,333
Cumulative other comprehensive income	73	77
Cumulative common distributions	(171,191)	(131,651)
Total shareholders' equity	878,302	891,668
Total liabilities and shareholders' equity	$ 1,382,824	$ 1,368,575