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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME        
Rental income $ 57,261 $ 49,808 $ 114,939 $ 99,805
Expenses:        
Real estate taxes 6,648 5,899 13,151 11,378
Utility expenses 3,993 3,793 7,980 7,524
Other operating expenses 10,016 9,232 19,594 17,999
Depreciation and amortization 13,972 11,995 27,668 23,905
Acquisition related costs 105 245 139 294
General and administrative 3,299 2,680 6,548 5,682
Total expenses 38,033 33,844 75,080 66,782
Operating income 19,228 15,964 39,859 33,023
Interest and other income 5 6 16 14
Interest expense (including net amortization of debt premiums and deferred financing fees of $332, $335, $663 and $659, respectively) (4,065) (4,096) (8,212) (8,119)
Equity in earnings of an investee 79 76 155 121
Income from continuing operations before income tax expense 15,247 11,950 31,818 25,039
Income tax expense (43) (44) (86) (89)
Income from continuing operations 15,204 11,906 31,732 24,950
Discontinued operations:        
Income from discontinued operations   48 30 63
Net gain on sale of properties from discontinued operations     8,168  
Net income 15,204 11,954 39,930 25,013
Other comprehensive income (loss):        
Equity in unrealized loss of an investee (73) (1) (81) (4)
Other comprehensive income (loss) (73) (1) (81) (4)
Comprehensive income $ 15,131 $ 11,953 $ 39,849 $ 25,009
Weighted average common shares outstanding (in shares) 54,669 47,098 54,657 47,075
Per common share amounts:        
Income from continuing operations (in dollars per share) $ 0.28 $ 0.25 $ 0.58 $ 0.53
Income from discontinued operations (in dollars per share)     $ 0.15  
Net income (in dollars per share) $ 0.28 $ 0.25 $ 0.73 $ 0.53