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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Rental income $ 30,583 $ 26,388
Interest income 2,055 4,538
Expense reimbursements 6,002 5,204
Management fee income 433 629
Other 553 688
Total revenues 39,626 37,447
Operating Expenses    
Property operating 6,921 7,421
Other operating 1,035 0
Real estate taxes 4,942 4,138
General and administrative 5,933 5,690
Depreciation and amortization 9,141 7,634
Total operating expenses 27,972 24,883
Operating income 11,654 12,564
Equity in losses of unconsolidated affiliates (56) (148)
Other interest income 54 34
Gain on debt extinguishment 0 1,673
Interest and other finance expense (8,634) (8,953)
Income from continuing operations before income taxes 3,018 5,170
Income tax provision 195 262
Income from continuing operations 2,823 4,908
Discontinued Operations    
Operating income from discontinued operations 0 822
Gain on sale of property 0 3,922
Income from discontinued operations 0 4,744
Net income 2,823 9,652
Noncontrolling interests    
Continuing operations 1,187 3,277
Discontinued operations 0 (3,506)
Net loss (income) attributable to noncontrolling interests 1,187 (229)
Net income attributable to Common Shareholders $ 4,010 $ 9,423
Basic Earnings per Share    
Income from continuing operations (in dollars per share) $ 0.09 $ 0.20
Income from discontinued operations (in dollars per share) $ 0 $ 0.03
Basic earnings per share (in dollars per share) $ 0.09 $ 0.23
Diluted Earnings per Share    
Income from continuing operations (in dollars per share) $ 0.09 $ 0.20
Income from discontinued operations (in dollars per share) $ 0.00 $ 0.03
Diluted earnings per share (in dollars per share) $ 0.09 $ 0.23