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Consolidated Statements Of Operations (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUE        
Rental income $ 154,308,000 $ 146,943,000 $ 460,136,000 $ 428,330,000
Other property income 3,480,000 9,007,000 9,661,000 17,842,000
Mortgage interest income 1,242,000 1,282,000 3,770,000 3,834,000
Total revenue 159,030,000 157,232,000 473,567,000 450,006,000
EXPENSES        
Rental expenses 29,045,000 29,658,000 86,755,000 82,609,000
Real estate taxes 18,400,000 17,224,000 53,604,000 49,680,000
General and administrative 7,543,000 8,751,000 22,902,000 22,894,000
Depreciation and amortization 39,341,000 34,847,000 119,615,000 106,451,000
Total operating expenses 94,329,000 90,480,000 282,876,000 261,634,000
OPERATING INCOME 64,701,000 66,752,000 190,691,000 188,372,000
Other interest income 70,000 261,000 165,000 580,000
Interest expense (25,762,000) (28,218,000) (80,314,000) (85,744,000)
Early extinguishment of debt 0 0 (3,399,000) 0
Income from real estate partnerships 381,000 490,000 1,065,000 1,229,000
INCOME FROM CONTINUING OPERATIONS 39,390,000 39,285,000 108,208,000 104,437,000
DISCONTINUED OPERATIONS        
Discontinued Operations - income 100,000 400,000 900,000 1,100,000
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 23,861,000 0 23,861,000 0
Results from discontinued operations 23,976,000 371,000 24,803,000 1,077,000
INCOME BEFORE GAIN ON SALE OF REAL ESTATE 63,366,000 39,656,000 133,011,000 105,514,000
Gain on sale of real estate 0 0 4,994,000 11,860,000
NET INCOME 63,366,000 39,656,000 138,005,000 117,374,000
Net income attributable to noncontrolling interests (1,268,000) (1,012,000) (3,780,000) (3,141,000)
NET INCOME ATTRIBUTABLE TO THE TRUST 62,098,000 38,644,000 134,225,000 114,233,000
Dividends on preferred shares (136,000) (136,000) (406,000) (406,000)
NET INCOME AVAILABLE FOR COMMON SHAREHOLDERS 61,962,000 38,508,000 133,819,000 113,827,000
EARNINGS PER COMMON SHARE, BASIC        
Continuing operations $ 0.57 $ 0.59 $ 1.58 $ 1.57
Discontinued Operations $ 0.37 $ 0.01 $ 0.38 $ 0.02
Gain on sale of real estate $ 0.00 $ 0.00 $ 0.08 $ 0.19
Earnings Per Share, Basic, Total $ 0.94 $ 0.60 $ 2.04 $ 1.78
Weighted average common shares outstanding-basic 65,504 64,014 65,118 63,711
EARNINGS PER COMMON SHARE, DILUTED        
Continuing operations $ 0.57 $ 0.59 $ 1.58 $ 1.56
Discontinued Operations $ 0.37 $ 0.01 $ 0.38 $ 0.02
Gain on sale of real estate $ 0.00 $ 0.00 $ 0.08 $ 0.19
Earnings Per Share, Diluted, Total $ 0.94 $ 0.60 $ 2.04 $ 1.77
Weighted average number of common shares-diluted 65,647 64,202 65,271 63,891
Comprehensive Income 62,195,000 36,804,000 146,854,000 108,087,000
Comprehensive Income Attributable to the Trust $ 60,927,000 $ 35,792,000 $ 143,074,000 $ 104,946,000