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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Property and equipment, net $ 1,063,935 $ 879,224
Intangible assets, net 39,532 39,982
Cash and cash equivalents 27,838 20,960
Restricted cash 21,569 15,034
Accounts receivable, net of allowance for doubtful accounts of $102 and $80, respectively 15,031 6,302
Prepaid expenses and other assets 14,120 4,370
Deferred financing costs, net of accumulated amortization of $2,036 and $548, respectively 5,616 5,266
Total assets 1,187,641 971,138
LIABILITIES AND SHAREHOLDERS' EQUITY    
Long-term debt 356,033 407,736
Accounts payable and accrued expenses 38,242 21,475
Other liabilities 26,204 21,798
Total liabilities 420,479 451,009
Commitments and contingencies (Note 10)      
Preferred shares, $.01 par value; 100,000,000 shares authorized; Series A Cumulative Redeemable Preferred Shares; 5,000,000 shares and no shares issued and outstanding, respectively ($127,368 liquidation preference) 50 0
Common shares, $.01 par value; 400,000,000 shares authorized; 39,610,393 shares and 32,161,620 shares issued and outstanding, respectively 396 322
Additional paid-in capital 798,645 543,861
Cumulative dividends in excess of net income (30,853) (22,924)
Accumulated other comprehensive loss (1,076) (1,130)
Total shareholders' equity 767,162 520,129
Total liabilities and shareholders' equity $ 1,187,641 $ 971,138