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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues:        
Rental revenues $ 76,530 $ 65,098 $ 234,933 $ 171,654
Total revenues 76,530 65,098 234,933 171,654
Operating expenses:        
Rental expenses 19,494 16,843 62,146 43,641
Real estate-related depreciation and amortization 33,868 31,025 106,728 84,909
General and administrative expenses 1,467 1,661 5,151 5,114
Asset management fees, related party 7,393 6,077 22,029 15,831
Acquisition expenses, related party 1,690 5,627 3,432 10,961
Acquisition and strategic transaction expenses 465 4,347 819 12,315
Total operating expenses 64,377 65,580 200,305 172,771
Operating income (loss) 12,153 (482) 34,628 (1,117)
Other (expenses) income:        
Equity in loss of unconsolidated joint ventures (9) (1,349) (39) (2,805)
Interest expense and other (15,319) (12,488) (46,629) (35,526)
Gain on disposition of real estate properties 0 0 24,471 0
Gain on acquisition of joint venture 0 26,481 0 26,481
Incentive fee from acquisition of joint venture 0 1,985 0 1,985
Total other (expenses) income (15,328) 14,629 (22,197) (9,865)
Net (loss) income (3,175) 14,147 12,431 (10,982)
Net (loss) income attributable to noncontrolling interests 0 0 0 0
Net (loss) income attributable to common stockholders $ (3,175) $ 14,147 $ 12,431 $ (10,982)
Weighted-average shares outstanding 210,542 203,024 209,374 170,474
Net (loss) income per common share - basic and diluted $ (0.02) $ 0.07 $ 0.06 $ (0.06)