CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
REVENUES:
Rental and other property income	$ 59,822	$ 55,167
Expense reimbursements	2,351	2,450
Interest and other income	1,950	691
REVENUES	64,123	58,308
EXPENSES:
Rental and other property operating	29,586	24,721
Asset management fees and other fees to related parties	5,737	5,409
Interest	4,217	4,677
General and administrative	1,179	542
Transaction costs	468
Depreciation and amortization	16,629	17,137
EXPENSES	57,816	52,486
Bargain purchase gain (Note 2)	4,918
INCOME BEFORE PROVISION FOR INCOME TAXES	11,225	5,822
Provision for income taxes	(8)
NET INCOME	11,217	5,822
Net loss attributable to noncontrolling interests	2	4
NET INCOME ATTRIBUTABLE TO SHAREHOLDERS	11,219	5,826
COMPREHENSIVE INCOME	$ 11,219	$ 5,826
NET INCOME PER SHARE:
Basic (in dollars per share)	$ 0.02	$ 0.01
Diluted (in dollars per share)	$ 0.02	$ 0.01
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	479,672	477,200
Diluted (in shares)	479,680	477,200