XML 82 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
Total
Common Stock
Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Undistributed Net Income
Non-Controlling Interests in Joint Ventures
Balances at Dec. 31, 2011 $ 218,947,000 $ 14,213,000 $ 189,486,000 $ (1,019,000) $ 15,605,000 $ 662,000
Distributions - common stock            
Cash - $.70 and $1.34 per share for the six months ended June 30, 2013 and for the year ended December 31, 2012, respectively (19,924,000)       (19,924,000)  
Shares issued through equity offering program - net 2,131,000 121,000 2,010,000      
Shares issued through dividend reinvestment plan 3,652,000 215,000 3,437,000      
Contribution from non-controlling interest 571,000         571,000
Distributions to non-controlling interest (290,000)         (290,000)
Restricted stock vesting   49,000 (49,000)      
Compensation expense - restricted stock 1,223,000   1,223,000      
Net income (loss) 32,308,000       32,320,000 (12,000)
Other comprehensive income (loss) (559,000)     (559,000)    
Balances at Dec. 31, 2012 238,059,000 14,598,000 196,107,000 (1,578,000) 28,001,000 931,000
Distributions - common stock            
Cash - $.70 and $1.34 per share for the six months ended June 30, 2013 and for the year ended December 31, 2012, respectively (10,747,000)       (10,747,000)  
Shares issued through equity offering program - net 7,771,000 298,000 7,473,000      
Shares issued through dividend reinvestment plan 2,278,000 112,000 2,166,000      
Contribution from non-controlling interest 481,000         481,000
Distributions to non-controlling interest (258,000)         (258,000)
Restricted stock vesting   50,000 (50,000)      
Compensation expense - restricted stock 766,000   766,000      
Net income (loss) 11,201,000       11,186,000 15,000
Other comprehensive income (loss) 1,014,000     1,014,000    
Balances at Jun. 30, 2013 $ 250,565,000 $ 15,058,000 $ 206,462,000 $ (564,000) $ 28,440,000 $ 1,169,000