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STOCKHOLDERS' EQUITY (Details 2) (USD $) | 0 Months Ended | 1 Months Ended | 12 Months Ended
--- | --- | --- | ---
Aug. 09, 2012 | Feb. 11, 2011 item | Mar. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Stockholders' Equity |  |  |  |  |  |
Cash distributions declared per share of common stock (in dollars per share) |  |  |  | $ 1.42 | $ 1.34 | $ 1.32
Common shares issued under the Distribution Reinvestment Plan |  |  |  | 210,000 | 215,000 | 255,000
Maximum aggregate sales price of shares to be sold under an Equity Offering Sales Agreement (in dollars) | $ 50,000,000 |  |  |  |  |
Number of shares sold |  | 2,700,000 |  | 363,463 | 120,844 |
Proceeds from sale of shares, net of commission and before offering costs |  | 40,569,000 |  | 9,227,800 | 2,296,000 |
Payment of commissions on sale of shares |  |  |  | 93,000 | 23,000 |
Payment of offering costs on sale of shares |  |  |  | 63,000 | 165,000 |
Number of mortgages to be repaid |  | 2 |  |  |  |
Repayment of mortgages payable |  | 7,700,000 |  | 4,708,000 | 32,422,000 | 15,302,000
Weighted average interest rate (as a percent) |  | 7.90% |  |  |  |
Decrease in outstanding amount |  | 26,200,000 |  | 9,250,000 | 34,550,000 | 44,700,000
Payments made to purchase a property |  |  | $ 2,325,000 | $ 107,529,000 | $ 44,616,000 |
Maximum |  |  |  |  |  |
Stockholders' Equity |  |  |  |  |  |
Discount rate (as a percent) |  |  |  | 5.00% |  |

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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
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