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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 14,074 $ 3,191
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,210 31,408
Amortization of above/below market leases (431) (797)
Amortization of deferred financing costs 847 872
Amortization of share-based compensation 3,578 2,526
Bad debt expense 157 36
Changes in operating assets and liabilities:    
Accounts receivable 1,814 (1,478)
Deferred rent receivable (618) (2,477)
Deferred leasing costs (4,204) (2,544)
Other assets (1,025) (1,196)
Accounts payable and accrued expenses (2,215) (246)
Prepaid rent and other liabilities 273 (1,989)
Deferred rent payable 1,395 492
Net cash provided by operating activities 45,855 27,798
CASH FLOWS FROM INVESTING ACTIVITIES    
Tenant improvements (3,405) (3,417)
Real estate improvements (68,161) (31,800)
Acquisition of NY2 (21,889)  
Acquisition of Comfluent, net of cash received   (2,581)
Changes in reserves for capital improvements   153
Net cash used in investing activities (93,455) (37,645)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 525 795
Proceeds from revolving credit facility 73,000 49,750
Principal payments on mortgage loans (750) (25,165)
Payments of loan fees and costs (2,617) (106)
Dividends and distributions paid on common stock and OP units (25,033) (16,529)
Dividends paid on preferred stock (2,852)  
Net cash provided by financing activities 42,273 8,745
Net change in cash and cash equivalents (5,327) (1,102)
Cash and cash equivalents, beginning of period 8,130 6,628
Cash and cash equivalents, end of period 2,803 5,526
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 1,860 2,974
NON-CASH INVESTING AND FINANCING ACTIVITY    
Construction costs payable capitalized to real estate 12,708 6,380
Accrual of dividends and distributions $ 14,902 $ 8,580