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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Rental income $ 53,217 $ 47,126
Other operating income 3,865 2,409
Total operating revenues 57,082 49,535
Expenses    
Property operations and maintenance 14,053 13,513
Real estate taxes 5,761 5,044
General and administrative 7,565 5,772
Acquisition costs 7 42
Depreciation and amortization 10,245 8,625
Total operating expenses 37,631 32,996
Income from operations 19,451 16,539
Other income (expenses)    
Interest expense (8,253) (7,897)
Interest income 3 18
Equity in income of joint ventures 68 40
Net income 11,269 8,700
Net income attributable to noncontrolling interest (131) (440)
Net income attributable to common shareholders $ 11,138 $ 8,260
Earnings per common share attributable to common shareholders - basic $ 0.39 $ 0.30
Earnings per common share attributable to common shareholders - diluted $ 0.39 $ 0.30
Common shares used in basic earnings per share calculation 28,785,663 27,537,278
Common shares used in diluted earnings per share calculation 28,877,736 27,577,435
Dividends declared per common share $ 0.45 $ 0.45