CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]
Revenues	$ 54,807	$ 58,978
Expenses:
Residence operations (exclusive of depreciation and amortization and residence lease expense shown below)	42,682	34,269
General and administrative (including non-cash stock-based compensation expense of $238 and $352, respectively)	7,679	3,850
Residence lease expense	2,769	4,543
Depreciation and amortization	7,485	5,769
Transaction costs	3,757	0
Total operating expenses	64,372	48,431
(Loss)/income from operations	(9,565)	10,547
Other (expense) income:
Interest expense	(3,875)	(1,589)
Interest income	1	2
Gain on sale of property	1,762	0
(Loss)/income before income taxes	(11,677)	8,960
Income tax benefit/(expense)	3,465	(3,311)
Net (loss)/income	$ (8,212)	$ 5,649
Weighted average common shares:
Basic (in shares)	22,971	22,969
Diluted (in shares)	22,971	23,258
Per share data:
Basic earnings per common share (in dollars per share)	$ (0.36)	$ 0.25
Diluted earnings per common share (in dollars per share)	$ (0.36)	$ 0.24
Dividends declared and paid per share (in dollars per share)	$ 0.00	$ 0.10