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CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUE    
Rental $ 114,468 $ 97,145
Other 255 139
Total revenue 114,723 97,284
EXPENSES    
Depreciation and amortization 35,250 26,608
Interest 28,952 25,122
General and administrative 9,168 7,870
Property 2,536 1,705
Income taxes 405 368
Total expenses 76,311 61,673
Income from continuing operations 38,412 35,611
Income from discontinued operations 851 388
Net income 39,263 35,999
Preferred stock dividends (9,496) (6,063)
Excess of redemption value over carrying value of preferred shares redeemed (see note 8) (3,696) 0
Net income available to common stockholders $ 26,071 $ 29,936
Income from continuing operations:    
Basic (in dollars per share) $ 0.19 $ 0.25
Diluted (in dollars per share) $ 0.19 $ 0.25
Net income:    
Basic (in dollars per share) $ 0.20 $ 0.25
Diluted (in dollars per share) $ 0.20 $ 0.25
Weighted average common shares outstanding:    
Basic (in shares) 132,577,100 118,960,878
Diluted (in shares) 132,703,954 119,109,044