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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue    
Real estate rental revenue$ 71,931$ 65,032$ 212,819$ 193,126
Expenses    
Real estate expenses24,07021,91271,12465,627
Depreciation and amortization23,47920,22467,89959,574
General and administrative3,8373,14111,58810,455
Total costs and expenses51,38645,277150,611135,656
Real estate operating income20,54519,75562,20857,470
Other income (expense)    
Interest expense(16,508)(16,717)(50,266)(49,662)
Acquisition costs(1,600) (3,571)(452)
Other income270289886875
Gain from non-disposal activities 4 4
Loss on extinguishment of debt, net (238) (280)
Total nonoperating income (expenses)(17,838)(16,662)(52,951)(49,515)
Income from continuing operations2,7073,0939,2577,955
Discontinued operations:    
Gain on sale of real estate56,639 56,6397,942
Income from operations of properties sold or held for sale3,6553,5659,52211,047
Income tax benefit (expense)35 (1,138) 
Income (loss) from discontinued operations, net of tax60,3293,56565,02318,989
Net income63,0366,65874,28026,944
Less: Net income attributable to noncontrolling interests in subsidiaries(28)(33)(85)(109)
Net income attributable to the controlling interests$ 63,008$ 6,625$ 74,195$ 26,835
Basic net income (loss) attributable to the controlling interests per share:    
Continuing operations$ 0.04$ 0.05$ 0.14$ 0.13
Discontinued operations$ 0.91$ 0.06$ 0.98$ 0.30
Net income attributable to the controlling interests per share$ 0.95$ 0.11$ 1.12$ 0.43
Diluted net income (loss) attributable to the controlling interests per share:    
Continuing operations$ 0.04$ 0.05$ 0.14$ 0.13
Discontinued operations$ 0.91$ 0.05$ 0.98$ 0.30
Net income attributable to the controlling interests per share$ 0.95$ 0.10$ 1.12$ 0.43
Weighted average shares outstanding - basic66,01762,89465,95361,332
Weighted average shares outstanding - diluted66,06463,05565,98761,460
Dividends declared and paid per share$ 0.4338$ 0.4325$ 1.3014$ 1.2975