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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue:    
Rental $ 36,668 $ 31,099
Related party revenue:    
Management fees and interest income from loans 2,616 808
Other 34 7
Total revenue 39,318 31,914
Expenses:    
Real estate operating expenses 9,077 8,732
Real estate taxes and insurance 5,813 4,759
Depreciation and amortization 13,256 10,745
Selling, general and administrative 2,077 1,644
Interest 3,677 2,408
Total expenses 33,900 28,288
Income before interest income, equity in earnings of non-consolidated REITs and taxes 5,418 3,626
Interest income 8 11
Equity in earnings of non-consolidated REITs 391 968
Income before taxes on income 5,817 4,605
Taxes on income 79 50
Income from continuing operations 5,738 4,555
Discontinued operations:    
Income from discontinued operations, net of income tax   620
Gain on sale of property less applicable income tax   19,592
Total discontinued operations   20,212
Net income $ 5,738 $ 24,767
Weighted average number of shares outstanding, basic (in shares) 82,937 81,437
Weighted average number of shares outstanding, diluted (in shares) 82,937 81,437
Earnings per share, basic and diluted, attributable to:    
Continuing operations (in dollars per share) $ 0.07 $ 0.05
Discontinued operations (in dollars per share)   $ 0.25
Net income per share, basic and diluted (in dollars per share) $ 0.07 $ 0.30