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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Assets  
Real estate investments, net of accumulated depreciation of $107,887 and $88,701 as of September 30, 2011 and December 31, 2010, respectively$ 649,251$ 482,297
Cash and cash equivalents56,41774,233
Restricted cash6,2864,716
Deferred tax assets26,30026,300
Prepaid expenses, deferred financing costs and other assets19,79112,013
Total assets758,045599,559
Liabilities and stockholders’ equity  
Mortgage notes payable159,180161,440
Senior unsecured notes payable225,000225,000
Accounts payable and accrued liabilities17,6419,286
Tax liability26,30026,300
Total liabilities428,121422,026
Commitments and contingencies (Note 11)  
Stockholders’ equity:  
Preferred stock, $.01 par value; 10,000,000 shares authorized, zero shares issued and outstanding as of September 30, 2011 and December 31, 201000
Common stock, $.01 par value; 125,000,000 shares authorized, 36,868,248 and 25,061,072 shares issued and outstanding as of September 30, 2011 and December 31, 2010, respectively369251
Additional paid-in capital343,748177,275
Cumulative distributions in excess of net income(14,193)7
Total stockholders’ equity329,924177,533
Total liabilities and stockholders’ equity$ 758,045$ 599,559