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Significant Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2013
Significant Acquisitions  
Summary of estimated fair value of assets acquired at the date of acquisition

 

Real estate assets

 

$

154,060

 

Value of acquired real estate leases

 

31,024

 

Acquired unfavorable leases

 

(2,920)

 

 

 

 

 

Total

 

$

182,164

 
Schedule of pro forma operating results for the company and acquisitions

 

 

 

For the Three Months Ended

 

For the Six Months Ended

 

(unaudited)

 

June 30,

 

June 30,

 

 

 

 

 

 

 

 

 

 

 

(in thousands except per share amounts)

 

2013

 

2012

 

2013

 

2012

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

$

50,780

 

$

42,978

 

$

100,482

 

$

86,255

 

Income from continuing operations

 

$

4,273

 

$

5,101

 

$

8,367

 

$

10,555

 

Net income

 

$

4,273

 

$

4,833

 

$

8,367

 

$

9,970

 

Weighted average shares outstanding

 

91,847

 

82,937

 

87,417

 

82,937

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations per share

 

$

0.05

 

$

0.06

 

$

0.10

 

$

0.13

 

Net income per share

 

$

0.05

 

$

0.06

 

$

0.10

 

$

0.12