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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Rental $ 206,926 $ 150,434 $ 133,946
Related party revenue:      
Management fees and interest income from loans 6,646 10,947 4,046
Other 64 199 49
Total revenues 213,636 161,580 138,041
Expenses:      
Real estate operating expenses 51,100 37,440 35,074
Real estate taxes and insurance 31,616 22,904 20,112
Depreciation and amortization 78,839 54,051 47,417
Selling, general and administrative 11,911 9,916 6,855
Interest 21,054 16,068 12,666
Total expenses 194,520 140,379 122,124
Income before interest income, equity in earnings of non-consolidated REITs and taxes on income 19,116 21,201 15,917
Interest income 16 51 22
Equity in earnings of non-consolidated REITs (1,358) 2,033 3,685
Income before taxes on income 17,774 23,285 19,624
Taxes on income 480 335 267
Income from continuing operations 17,294 22,950 19,357
Discontinued operations:      
Income (loss) from discontinued operations, net of income tax 375 (491) 2,228
Gain (loss) on sale, less applicable income tax 2,158 (14,826) 21,939
Total discontinued operations 2,533 (15,317) 24,167
Net income $ 19,827 $ 7,633 $ 43,524
Weighted average number of shares outstanding, basic and diluted (in shares) 93,855 82,937 81,857
Earnings per share, basic and diluted, attributable to:      
Continuing operations (in dollars per share) $ 0.18 $ 0.28 $ 0.24
Discontinued operations (in dollars per share) $ 0.03 $ (0.19) $ 0.29
Net income per share, basic and diluted (in dollars per share) $ 0.21 $ 0.09 $ 0.53