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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES    
Rental income $ 78,191 $ 72,099
Mortgage interest 2,937 2,292
Other operating 1,456 1,774
Revenues 82,584 76,165
EXPENSES    
Property operating 29,826 28,285
General and administrative 6,541 5,261
Depreciation 21,852 20,479
Amortization 2,689 2,522
Bad debt, net of recoveries (12) (41)
Total Expenses 60,896 56,506
OTHER INCOME (EXPENSE)    
Interest expense (19,795) (18,379)
Interest and other income, net 232 216
Total other income (expense) (19,563) (18,163)
INCOME FROM CONTINUING OPERATIONS 2,125 1,496
DISCONTINUED OPERATIONS    
Income from discontinued operations 487 2,380
Impairments (3,630) (4,170)
Gain on sales of real estate properties 0 3,428
INCOME (LOSS) FROM DISCONTINUED OPERATIONS (3,143) 1,638
NET INCOME (LOSS) (1,018) 3,134
Less: Net loss attributable to noncontrolling interests 19 0
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (999) $ 3,134
BASIC EARNINGS (LOSS) PER COMMON SHARE:    
Income (loss) from continuing operations (in dollars per share) $ 0.02 $ 0.02
Discontinued operations (in dollars per share) $ (0.03) $ 0.02
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.01) $ 0.04
DILUTED EARNINGS (LOSS) PER COMMON SHARE:    
Income (loss) from continuing operations (in dollars per share) $ 0.02 $ 0.02
Discontinued operations (in dollars per share) $ (0.03) $ 0.02
Net income (loss) attributable to common stockholders (in dollars per share) $ (0.01) $ 0.04
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC (in shares) 86,894,336 76,426,709
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - DILUTED (in shares) 88,382,436 77,641,042
DIVIDENDS DECLARED, PER COMMON SHARE, DURING THE PERIOD (in dollars per share) $ 0.30 $ 0.30