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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 22,583 $ 6,138
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 48,634 47,991
Amortization of above/below market leases (672) (1,241)
Amortization of deferred financing costs 1,293 1,307
Amortization of share-based compensation 5,337 4,083
Bad debt expense 241 276
Changes in operating assets and liabilities:    
Accounts receivable (1,435) (3,559)
Deferred rent receivable (1,660) (3,262)
Deferred leasing costs (5,373) (2,936)
Other assets (2,713) 1,000
Accounts payable and accrued expenses 3,361 1,206
Prepaid rent and other liabilities 380 (3,883)
Deferred rent payable 5,250 663
Net cash provided by operating activities 75,226 47,783
CASH FLOWS FROM INVESTING ACTIVITIES    
Tenant improvements (5,214) (5,266)
Real estate improvements (117,964) (50,276)
Acquisition of NY2 (21,889)  
Acquisition of Comfluent, net of cash received   (2,581)
Changes in reserves for capital improvements   8,690
Net cash used in investing activities (145,067) (49,433)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 630 874
Offering costs (27)  
Proceeds from revolving credit facility 108,000 57,750
Principal payments on mortgage loans (1,125) (25,233)
Payments of loan fees and costs (2,621) (119)
Dividends and distributions paid on common stock and OP units (37,508) (24,829)
Dividends paid on preferred stock (4,936)  
Net cash provided by financing activities 62,413 8,443
Net change in cash and cash equivalents (7,428) 6,793
Cash and cash equivalents, beginning of period 8,130 6,628
Cash and cash equivalents, end of period 702 13,421
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 3,205 4,092
NON-CASH INVESTING AND FINANCING ACTIVITY    
Construction costs payable capitalized to real estate 32,291 11,891
Accrual of dividends and distributions $ 15,051 $ 8,640