XML 18 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUE        
Rental $ 182,354 $ 112,528 $ 352,104 $ 224,020
Other 1,965 605 3,356 858
Total revenue 184,319 113,133 355,460 224,878
EXPENSES        
Depreciation and amortization 77,698 34,742 147,280 69,093
Interest 39,100 28,806 80,567 57,758
General and administrative 12,075 9,273 23,688 18,440
Property 3,283 1,746 6,899 3,668
Income taxes 722 405 1,393 810
Merger-related costs 605   12,635  
Total expenses 133,483 74,972 272,462 149,769
Income from continuing operations 50,836 38,161 82,998 75,109
Income from discontinued operations 3,911 5,246 43,562 7,562
Net income 54,747 43,407 126,560 82,671
Net income attributable to noncontrolling interests (77)   (86)  
Net income attributable to the Company 54,670 43,407 126,474 82,671
Preferred stock dividends (10,482) (10,457) (20,965) (19,953)
Excess of redemption value over carrying value of preferred shares redeemed (see note 10)       (3,696)
Net income available to common stockholders $ 44,188 $ 32,950 $ 105,509 $ 59,022
Income from continuing operations:        
Basic (in dollars per share) $ 0.21 $ 0.21 $ 0.34 $ 0.39
Diluted (in dollars per share) $ 0.21 $ 0.21 $ 0.34 $ 0.39
Net income:        
Basic (in dollars per share) $ 0.23 $ 0.25 $ 0.57 $ 0.44
Diluted (in dollars per share) $ 0.23 $ 0.25 $ 0.57 $ 0.44
Weighted average common shares outstanding:        
Basic (in shares) 195,574,014 132,592,939 183,714,191 132,643,698
Diluted (in shares) 196,099,610 132,828,540 184,165,700 132,785,213