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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Rental income $ 90,541 $ 76,883 $ 178,301 $ 152,687
Mortgage interest 969 3,427 3,590 6,364
Other operating 1,425 1,508 2,874 2,964
Revenues 92,935 81,818 184,765 162,015
EXPENSES        
Property operating 34,136 31,235 67,510 60,636
General and administrative 5,666 5,840 11,644 12,380
Depreciation 24,911 21,379 48,990 42,501
Amortization 2,775 2,559 5,534 5,225
Bad debt, net of recoveries 73 19 120 7
Total Expenses 67,561 61,032 133,798 120,749
OTHER INCOME (EXPENSE)        
Loss on extinguishments of debt 0 (29,638)    (29,638)
Interest expense (18,066) (18,925) (35,984) (38,695)
Interest and other income, net 2,036 219 2,136 449
Total other income (expense) (16,030) (48,344) (33,848) (67,884)
INCOME FROM CONTINUING OPERATIONS 9,344 (27,558) 17,119 (26,618)
DISCONTINUED OPERATIONS        
Income (loss) from discontinued operations (231) 1,537 (619) 3,209
Impairments (3,105) 0 (6,529) (3,630)
Gain on sales of real estate properties 3 1,783 3 1,783
INCOME FROM DISCONTINUED OPERATIONS (3,333) 3,320 (7,145) 1,362
NET INCOME (LOSS) 6,011 (24,238) 9,974 (25,256)
Less: Net (income) loss attributable to noncontrolling interests (40) 33 (151) 52
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 5,971 $ (24,205) $ 9,823 $ (25,204)
BASIC EARNINGS (LOSS) PER COMMON SHARE:        
Income from continuing operations (in dollars per share) $ 0.10 $ (0.31) $ 0.18 $ (0.30)
Discontinued operations (in dollars per share) $ (0.04) $ 0.04 $ (0.08) $ 0.01
Net income (loss) attributable to common stockholders (in dollars per share) $ 0.06 $ (0.27) $ 0.10 $ (0.29)
DILUTED EARNINGS (LOSS) PER COMMON SHARE:        
Income from continuing operations (in dollars per share) $ 0.10 $ (0.31) $ 0.18 $ (0.30)
Discontinued operations (in dollars per share) $ (0.04) $ 0.04 $ (0.08) $ 0.01
Net income (loss) attributable to common stockholders (in dollars per share) $ 0.06 $ (0.27) $ 0.10 $ (0.29)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC (in shares) 94,507,565 89,204,167 94,330,890 88,055,632
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - DILUTED (in shares) 95,977,662 89,204,167 95,788,047 88,055,632
DIVIDENDS DECLARED, PER COMMON SHARE, DURING THE PERIOD (in dollars per share) $ 0.30 $ 0.30 $ 0.60 $ 0.60