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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Real estate properties:    
Land $ 239,222 $ 234,395
Buildings and improvements 1,267,669 1,233,468
Total real estate properties, at cost, gross 1,506,891 1,467,863
Accumulated depreciation (179,573) (156,661)
Total real estate properties, at cost, net 1,327,318 1,311,202
Assets of discontinued operations 26,207 47,142
Acquired real estate leases, net 131,683 144,402
Cash and cash equivalents 2,697 5,255
Restricted cash 1,590 1,553
Rents receivable, net 31,373 28,882
Deferred leasing costs, net 9,523 7,620
Deferred financing costs, net 4,366 5,718
Other assets, net 18,322 10,360
Total assets 1,553,079 1,562,134
LIABILITIES AND SHAREHOLDERS' EQUITY    
Unsecured revolving credit facility 69,000 49,500
Unsecured term loan 350,000 350,000
Mortgage notes payable 91,343 93,127
Liabilities of discontinued operations 288 298
Accounts payable and accrued expenses 23,250 18,910
Due to related persons 1,784 3,719
Assumed real estate lease obligations, net 16,952 19,129
Total liabilities 552,617 534,683
Commitments and contingencies      
Shareholders' equity:    
Common shares of beneficial interest, $.01 par value: 70,000,000 shares authorized, 54,722,468 and 54,643,888 shares issued and outstanding, respectively 547 547
Additional paid in capital 1,105,676 1,103,982
Cumulative net income 179,189 137,293
Cumulative other comprehensive income 32 99
Cumulative common distributions (284,982) (214,470)
Total shareholders' equity 1,000,462 1,027,451
Total liabilities and shareholders' equity $ 1,553,079 $ 1,562,134