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Consolidated Statements Of Income (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Rental income $ 106,029,000 $ 81,482,000 $ 72,608,000
Interest income from mortgage and other notes 7,633,000 7,426,000 6,652,000
Investment income and other 4,166,000 4,409,000 4,479,000
Revenues 117,828,000 93,317,000 83,739,000
Expenses:      
Depreciation 20,101,000 14,772,000 11,450,000
Interest expense 9,229,000 3,492,000 3,848,000
Legal expense 784,000 766,000 559,000
Franchise, excise and other taxes 616,000 771,000 837,000
General and administrative 9,254,000 7,799,000 7,588,000
Loan and realty losses (recoveries), net 1,976,000 (2,195,000) (99,000)
Total operating expenses 41,960,000 25,405,000 24,183,000
Income before equity-method investee, discontinued operations and noncontrolling interest 75,868,000 67,912,000 59,556,000
Income from equity-method investee 324,000 45,000 0
Investment and other gains 3,306,000 4,877,000 10,261,000
Income from continuing operations 79,498,000 72,834,000 69,817,000
Discontinued operations      
Income from operations - discontinued 5,426,000 6,098,000 7,967,000
Gain on sale of real estate 22,258,000 11,966,000 3,348,000
Total discontinued operations 27,684,000 18,064,000 11,315,000
Net income 107,182,000 90,898,000 81,132,000
Less: net income attributable to noncontrolling interest (999,000) (167,000) 0
Net income attributable to common stockholders $ 106,183,000 $ 90,731,000 $ 81,132,000
Weighted average common shares outstanding:      
Basic 28,362,398 27,811,813 27,719,096
Diluted 28,397,702 27,838,720 27,792,592
Basic:      
Income from continuing operations attributable to common stockholders $ 2.77 $ 2.61 $ 2.52
Discontinued operations $ 0.97 $ 0.65 $ 0.41
Net income per common share attributable to common stockholders $ 3.74 $ 3.26 $ 2.93
Diluted:      
Income from continuing operations attributable to common stockholders $ 2.77 $ 2.61 $ 2.51
Discontinued operations $ 0.97 $ 0.65 $ 0.41
Net income per common share attributable to common stockholders $ 3.74 $ 3.26 $ 2.92