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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 32,352 $ 31,775
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 33,377 26,361
Amortization of deferred financing fees and debt discounts 1,555 1,071
Straight line rental income (2,858) (2,869)
Amortization of acquired real estate leases and other intangible assets 546 (216)
Impairment of assets 3,071 166
Equity in earnings of an investee (45) (37)
Change in assets and liabilities:    
Restricted cash (3,168) (164)
Other assets 2,987 1,699
Accrued interest (2,677) 1,070
Other liabilities 7,234 5,918
Cash provided by operating activities 72,374 64,774
Cash flows from investing activities:    
Real estate acquisitions and deposits (30,273) (147,357)
Real estate improvements (2,577) (881)
Cash used for investing activities (32,850) (148,238)
Cash flows from financing activities:    
Proceeds from issuance of common shares, net   (103)
Proceeds from issuance of unsecured senior notes, net of discount   247,327
Proceeds from borrowings on revolving credit facility 284,000 45,000
Repayments of borrowings on revolving credit facility (19,000) (148,000)
Redemption of senior notes (225,000)  
Repayment of other debt (15,907) (2,353)
Payment of deferred financing fees (69) (1,977)
Distributions to shareholders (61,806) (52,486)
Cash (used for) provided by financing activities (37,782) 87,408
Increase in cash and cash equivalents 1,742 3,944
Cash and cash equivalents at beginning of period 23,560 10,866
Cash and cash equivalents at end of period 25,302 14,810
Supplemental cash flow information:    
Interest paid 30,011 20,605
Income taxes paid   102
Non-cash financing activities:    
Issuance of common shares $ 453 $ 207