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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 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME        
Rental income $ 56,401 $ 52,426 $ 168,639 $ 149,071
Expenses:        
Real estate taxes 6,255 5,498 19,060 16,520
Utility expenses 5,355 4,801 13,064 12,035
Other operating expenses 10,169 9,171 29,288 26,667
Depreciation and amortization 14,032 12,537 40,960 35,642
Acquisition related costs 1,562 763 1,701 1,057
General and administrative 2,941 3,529 9,350 9,071
Total expenses 40,314 36,299 113,423 100,992
Operating income 16,087 16,127 55,216 48,079
Interest and other income 10 7 20 21
Interest expense (including net amortization of debt premiums and deferred financing fees of $339, $339, $1,002 and $998, respectively) (4,176) (4,530) (12,388) (12,649)
Equity in earnings of an investee 64 115 219 236
Income from continuing operations before income tax benefit (expense) 11,985 11,719 43,067 35,687
Income tax benefit (expense) 36 (30) (50) (119)
Income from continuing operations 12,021 11,689 43,017 35,568
Income (loss) from discontinued operations (10,055) 67 (1,121) 1,201
Net income 1,966 11,756 41,896 36,769
Other comprehensive income (loss):        
Equity in unrealized loss of an investee 14 35 (67) 31
Other comprehensive income (loss) 14 35 (67) 31
Comprehensive income $ 1,980 $ 11,791 $ 41,829 $ 36,800
Weighted average common shares outstanding (in shares) 54,684 47,108 54,666 47,086
Per common share amounts:        
Income from continuing operations (in dollars per share) $ 0.22 $ 0.25 $ 0.79 $ 0.76
Income (loss) from discontinued operations (in dollars per share) $ (0.18)   $ (0.02) $ 0.03
Net income (in dollars per share) $ 0.04 $ 0.25 $ 0.77 $ 0.78