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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 11,160 $ 18,915
Adjustments to reconcile net income to net cash provided by operating activities:    
Change in fair value of derivatives (61) 19
Depreciation and amortization of deferred leasing costs 28,824 19,548
Amortization of deferred debt costs 625 901
Non cash compensation costs of stock grants and options 695 679
Provision for credit losses 549 593
Decrease in accounts receivable and accrued income (844) (170)
Additions to deferred leasing costs (1,862) (2,980)
Decrease in prepaid expenses 2,226 2,431
(Increase) decrease in other assets (1,886) 5,469
Increase (decrease) in accounts payable, accrued expenses and other liabilities (1,024) 2,774
Decrease in deferred income (4,359) (125)
Net cash provided by operating activities 34,043 48,054
Cash flows from investing activities:    
Additions to real estate investments (7,322) (5,448)
Additions to development and redevelopment projects (4,054) (1,824)
Net cash used in investing activities (11,376) (7,272)
Cash flows from financing activities:    
Proceeds from mortgage notes payable 83,600 83,500
Repayments on mortgage notes payable (47,152) (74,276)
Proceeds from revolving credit facility 123,000  
Repayments on revolving credit facility (161,000) (8,000)
Additions to deferred debt costs (1,254) (2,078)
Proceeds from the issuance of:    
Common stock 12,683 11,497
Preferred stock redemption costs (9)  
Distributions to:    
Common stockholders (14,489) (13,949)
Noncontrolling interest (4,978) (4,978)
Net cash used in financing activities (21,855) (15,854)
Net increase in cash and cash equivalents 812 24,928
Cash and cash equivalents, beginning of period 12,133 12,323
Cash and cash equivalents, end of period 12,945 37,251
Series C Preferred Stock
   
Proceeds from the issuance of:    
Preferred stock 135,221  
Distributions to:    
Preferred stockholders (1,283)  
Series A Preferred Stock
   
Proceeds from the issuance of:    
Preferred stock redemption payments (60,000)  
Distributions to:    
Preferred stockholders (3,613) (4,000)
Series B Preferred Stock
   
Proceeds from the issuance of:    
Preferred stock redemption payments (79,328)  
Distributions to:    
Preferred stockholders $ (3,253) $ (3,570)