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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Mar. 31, 2010
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES                        
Rental income                   $ 301,055 $ 276,712 $ 239,037
Mortgage interest                   9,186 6,973 2,377
Other operating                   6,109 7,907 8,583
Total Revenue 81,260 79,528 78,551 77,011 75,259 74,259 71,358 70,716   316,350 291,592 249,997
EXPENSES                        
Property operating                   117,683 113,083 98,101
General and administrative       400       200 200 20,908 20,990 16,886
Impairment                         1,259
Depreciation                   85,122 75,292 64,016
Amortization                   10,510 8,198 5,314
Bad debt, net of recoveries                   243 (250) (427)
Total Expenses                   234,466 217,313 185,149
OTHER INCOME (EXPENSE)                        
Loss on extinguishment of debt                      (1,986) (480)
Interest expense                   (75,053) (76,038) (65,710)
Interest and other income, net                   981 819 2,402
Total other income (expense)                   (74,072) (77,205) (63,788)
INCOME (LOSS) FROM CONTINUING OPERATIONS 395 2,507 2,826 2,084 1,739 46 1,489 (6,200)   7,812 (2,926) 1,060
DISCONTINUED OPERATIONS                        
Income from discontinued operations                   1,757 2,404 5,087
Impairments                   (14,908) (6,697) (6,252)
Gain on sales of real estate properties                   10,874 7,035 8,352
INCOME (LOSS) FROM DISCONTINUED OPERATIONS (6,757) 3,328 102 1,050 1,178 604 522 438   (2,277) 2,742 7,187
NET INCOME (LOSS) (6,362) 5,835 2,928 3,134 2,917 650 2,011 (5,762)   5,535 (184) 8,247
Less: Net income attributable to noncontrolling interests (30) (20) (20) 0 0 (3) 0 (27)   (70) (30) (47)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (6,392) $ 5,815 $ 2,908 $ 3,134 $ 2,917 $ 647 $ 2,011 $ (5,789)   $ 5,465 $ (214) $ 8,200
BASIC EARNINGS (LOSS) PER COMMON SHARE:                        
Income (loss) from continuing operations (in dollars per share) $ 0.00 $ 0.04 $ 0.04 $ 0.03 $ 0.02 $ 0.00 $ 0.02 $ (0.10)   $ 0.10 $ (0.04) $ 0.02
Discontinued operations (in dollars per share) $ (0.07) $ 0.04 $ 0.00 $ 0.01 $ 0.02 $ 0.01 $ 0.01 $ 0.01   $ (0.03) $ 0.04 $ 0.11
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.07) $ 0.08 $ 0.04 $ 0.04 $ 0.04 $ 0.01 $ 0.03 $ (0.09)   $ 0.07    $ 0.13
DILUTED EARNINGS (LOSS) PER COMMON SHARE:                        
Income (loss) from continuing operations (in dollars per share) $ 0.00 $ 0.03 $ 0.04 $ 0.03 $ 0.02 $ 0.00 $ 0.02 $ (0.10)   $ 0.10 $ (0.04) $ 0.02
Discontinued operations $ (0.07) $ 0.04 $ 0.00 $ 0.01 $ 0.02 $ 0.01 $ 0.01 $ 0.01   $ (0.03) $ 0.04 $ 0.11
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.07) $ 0.07 $ 0.04 $ 0.04 $ 0.04 $ 0.01 $ 0.03 $ (0.09)   $ 0.07    $ 0.13
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC (in shares)                   78,844,840 72,720,147 61,722,786
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - DILUTED (in shares)                   80,127,883 72,720,147 62,770,826