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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Assets    
Land $ 62,693,000 $ 49,114,000
Buildings and improvements 625,361,000 487,396,000
Construction in progress 718,000 4,983,000
Real estate properties, gross 688,772,000 541,493,000
Less accumulated depreciation (169,293,000) (146,698,000)
Real estate properties, net 519,479,000 394,795,000
Mortgage notes receivable, net 79,325,000 78,672,000
Investment in preferred stock, at cost 38,132,000 38,132,000
Cash and cash equivalents 4,410,000 15,886,000
Marketable securities 11,806,000 11,364,000
Accounts Receivable, Net 593,000 1,236,000
Straight-line rent receivable 11,030,000 8,706,000
Deferred costs and other assets 11,091,000 2,627,000
Assets held for sale, net 0 29,381,000
Total Assets 675,273,000 579,563,000
Liabilities and Stockholders' Equity    
Long-term Line of Credit 194,250,000 97,300,000
Real estate purchase liabilities 6,478,000 9,478,000
Accounts payable and accrued expenses 4,114,000 3,483,000
Dividends Payable 18,646,000 24,144,000
Deferred income 1,374,000 1,673,000
Total Liabilities 224,862,000 136,078,000
Commitments and Contingencies      
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common stock, $.01 par value; 40,000,000 shares authorized; 27,709,611 and 27,689,392 shares issued and outstanding, respectively 278,000 278,000
Capital in excess of par value 467,600,000 465,678,000
Cumulative dividends in excess of net income (34,806,000) (29,652,000)
Accumulated Other Comprehensive Income (Loss), Net of Tax 6,375,000 7,181,000
Total Stockholders' Equity 439,447,000 443,485,000
Total Equity 450,411,000 443,485,000
Total Liabilities and Stockholders' Equity 675,273,000 579,563,000
Noncontrolling Interest [Member]
   
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Noncontrolling interest 10,964,000 0
Total Equity $ 10,964,000