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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
Revenues:        
Rental income $ 25,012 $ 18,921 $ 50,062 $ 40,217
Interest income from mortgage and other notes 1,972 1,847 3,941 3,549
Investment income and other 1,064 1,054 2,116 2,114
Revenues 28,048 21,822 56,119 45,880
Expenses:        
Depreciation 4,558 3,295 8,973 6,559
Interest expense 1,598 747 2,721 1,321
Legal expense 289 128 566 220
Franchise, excise and other taxes 93 229 237 354
General and administrative 2,325 1,593 5,414 4,379
Loan impairment 0 0 (4,037) 0
Total operating expenses 8,863 5,992 21,948 12,833
Income before equity-method investment, discontinued operations and noncontrolling interest 19,185 15,830 34,171 33,047
Income from equity-method investee 69 0 91 0
Investment and other gains 0 30 0 30
Income from continuing operations 19,254 15,860 34,262 33,077
Discontinued operations        
Income from operations - discontinued 844 1,068 1,759 2,201
Net income 20,098 16,928 36,021 35,278
Less: net income attributable to noncontrolling interest (178) 0 (358) 0
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 178 0 358 0
Net income attributable to common stockholders $ 19,920 $ 16,928 $ 35,663 $ 35,278
Weighted average common shares outstanding:        
Basic 27,876,176 27,792,834 27,871,120 27,784,469
Diluted 27,913,727 27,820,831 27,907,600 27,812,027
Basic:        
Income from continuing operations attributable to common stockholders $ 0.68 $ 0.57 $ 1.22 $ 1.19
Discontinued operations $ 0.03 $ 0.04 $ 0.06 $ 0.08
Net income per common share attributable to common stockholders $ 0.71 $ 0.61 $ 1.28 $ 1.27
Diluted:        
Income from continuing operations attributable to common stockholders $ 0.68 $ 0.57 $ 1.21 $ 1.19
Discontinued operations $ 0.03 $ 0.04 $ 0.06 $ 0.08
Net income per common share attributable to common stockholders $ 0.71 $ 0.61 $ 1.27 $ 1.27