Quarterly Financial Data

12 Months Ended

Dec. 31, 2011

17. Quarterly Financial Data (unaudited)

Summarized quarterly financial data, which has been adjusted for discontinued operations as discussed in Note 7, "Property Acquisitions, Discontinued Operations, Assets Held for Sale and Impairments," for the years ended December 31, 2011 and 2010, is as follows:

		September 30,		September 30,			September 30,		September 30,			September 30,
(in thousands, except per share amounts)	First		Second			Third		Fourth			Total(a)
2011:
Revenues	$	158,865	$	162,750		$	166,541	$	167,712		$	655,868
Net income (loss) attributable to common shareholders		7,286		(16,597	)		11,840		46,850			49,379
Net income (loss) attributable to common shareholders per share – basic		0.10		(0.23	)(b)		0.16		0.63	(c)		0.67
Net income (loss) attributable to common shareholders per share – diluted		0.10		(0.23	)(b)		0.16		0.62	(c)		0.66

2010:
Revenues	$	147,218	$	149,049		$	152,037	$	153,146		$	601,450
Net income attributable to common shareholders		2,285		2,134			1,650		17,147			23,216
Net income attributable to common shareholders per share – basic		0.03		0.03			0.02		0.24	(d)		0.33
Net income attributable to common shareholders per share – diluted		0.03		0.03			0.02		0.24	(d)		0.33

(a)

Net income per share is computed independently for each of the quarters presented. Therefore, the sum of quarterly net income (loss) per share amounts may not equal the total computed for the year.

(b)

Includes a $29,791 loss, or $0.41 basic and diluted per share, impact related to a loss on discontinuation of a hedging relationship.

(c)

Includes a $24,621, or $0.33 basic and diluted per share, impact related to the gain on sale of discontinued operations.

(d)

Includes a $9,614, or $0.14 basic and $0.13 diluted per share, impact related to the gain on sale of discontinued operations.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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