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Quarterly Results (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information
Presented below is a summary of the unaudited quarterly financial information for the years ended December 31, 2012 and 2011. In the opinion of management, the information for the interim periods presented include all adjustments, which are of a normal and recurring nature, necessary to present a fair presentation of the results for each period.
 
 
December 31, 2012
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
660,193

 
$
667,318

 
$
660,079

 
$
700,137

Operating income
 
249,205

 
200,629

 
168,626

 
116,718

Net income (loss)
 
46,885

 
(5,613
)
 
(35,197
)
 
(85,824
)
Basic and diluted net income (loss) per common share
 
0.07

 
(0.01
)
 
(0.05
)
 
(0.11
)
Distributions declared per common share
 
0.21

 
0.21

 
0.21

 
0.21

 
 
 
 
 
 
 
 
 

 
 
December 31, 2011
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
—

 
$
—

 
$
—

 
$
155,274

Operating loss
 
—

 
—

 
—

 
(362,872
)
Net loss
 
—

 
—

 
—

 
(416,896
)
Basic and diluted net loss per common share (1)
 
—

 
—

 
—

 
(2.23
)
Distributions declared per common share (2)
 
—

 
—

 
—

 
0.05

 
 
 
 
 
 
 
 
 
(1) Based on the weighted average number of shares outstanding for the quarter ended December 31, 2011.
(2) Distributions declared per common share calculated at a rate of $0.002260274 per share per day for the period from December 8, 2011 through December 31, 2011.