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Consolidated Statements Of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 78,090,000 $ 61,551,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 28,429,000 26,017,000
Amortization 1,772,000 1,709,000
Straight-line rental income (10,583,000) (12,308,000)
Non-cash interest income on construction loan 386,000 0
Non-cash write-off of straight-line rent receivable 14,726,000 0
Gain on sale of real estate (4,582,000) 0
Gain on sale of marketable securities (23,498,000) 0
Loan recovery 0 (491,000)
Share-based compensation 1,230,000 1,697,000
Amortization of commitment fees (143,000) 0
Loss from equity-method investee 460,000 513,000
Change in operating assets and liabilities:    
Equity-method investment and other assets (109,000) 740,000
Accounts payable and accrued expenses (431,000) (1,004,000)
Deferred income (1,780,000) 1,572,000
Net cash provided by operating activities 83,195,000 79,996,000
Cash flows from investing activities:    
Investment in mortgage and other notes receivable (41,673,000) (52,580,000)
Collection of mortgage and other notes receivable 15,855,000 16,765,000
Investment in real estate (261,610,000) (3,261,000)
Investment in real estate development (15,554,000) (4,571,000)
Investment in renovations of existing real estate (815,000) (1,816,000)
Proceeds from disposition of real estate properties 27,723,000 0
Proceeds from sales of marketable securities 56,449,000 0
Net cash used in investing activities (230,525,000) (45,463,000)
Cash flows from financing activities:    
Net change in borrowings under revolving credit facilities 157,000,000 (273,000,000)
Proceeds from issuance of secured debt 0 78,084,000
Borrowings on term loan 0 225,000,000
Payments on term loans (381,000) (368,000)
Debt issuance costs 0 (2,305,000)
Equity offerring costs 0 (275,000)
Value of shares withheld from options exercised for employee tax withholding (822,000) 0
Proceeds from stock issuance 50,190,000 1,000
Distributions to noncontrolling interest (866,000) (869,000)
Dividends paid to stockholders (67,201,000) (60,795,000)
Net cash provided by (used in) financing activities 137,920,000 (34,527,000)
(Decrease) increase in cash and cash equivalents (9,410,000) 6,000
Cash and cash equivalents, beginning of year 13,286,000 3,287,000
Cash and cash equivalents, end of year 3,876,000  
Supplemental disclosure of cash flow information:    
Interest Paid 19,057,000 13,723,000
Supplemental schedule of non-cash investing and financing activities:    
Accounts payable related to investments in real estate 1,475,000 1,112,000
Reclass of note balance into real estate investment 0 255,000
Payment to terminate lease purchase option (6,400,000) 0
Long-term escrow deposit $ 4,500,000 $ 0