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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 11,168$ 12,188
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization4,8414,778
Restricted/stock-based compensation expense210261
Changes in assets and liabilities:  
Rent receivable(371)112
Accrued expenses and other liabilities(114)431
Tenant reserves, escrows, deposits and prepaid rents(1)41
Accrued interest(23)39
Other, net87(209)
Net cash provided by operating activities15,79717,641
Cash flows from investing activities:  
Investments in LLCs(3,475)(12,018)
Repayments of advances made to LLCs6,664478
Advances made to LLCs(11,541)(9,547)
Cash distributions in excess of income from LLCs4,0662,582
Cash distributions of refinancing proceeds from LLCs2,1112,734
Additions to real estate investments(172)(801)
Deposits on real estate assets(834)0
Net cash paid for acquisition of medical office buildings(26,505)0
Decrease in cash and cash equivalents due to recording of LLC on unconsolidated basis0(1,938)
Net cash used in investing activities(29,686)(18,510)
Cash flows from financing activities:  
Net borrowings on line of credit37,8007,800
Repayments of mortgage notes payable of consolidated LLCs0(191)
Repayments of loans payable of consolidated LLCs(94)(118)
Repayments of mortgage notes payable(120)(3,489)
Proceeds from mortgage notes payable05,250
Financing costs paid(1,104)0
Financing costs of mortgage notes payable0(388)
Dividends paid(22,977)(22,215)
Issuance of shares of beneficial interest, net18412,243
Net cash provided by/(used in) financing activities13,689(1,108)
Decrease in cash and cash equivalents(200)(1,977)
Cash and cash equivalents, beginning of period9873,038
Cash and cash equivalents, end of period7871,061
Supplemental disclosures of cash flow information:  
Interest paid1,2971,540
Supplemental disclosures of non-cash information:  
Net real estate investments012,169
Cash and cash equivalents01,938
Other assets0144
Mortgage and note payable013,465
Other liabilities0370
Third-party equity interests021
Investment in LLC$ 0$ 395