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Condensed Consolidated Statements of Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue:        
Rental $ 59,728 $ 56,760 $ 182,319 $ 145,618
Related party revenue:        
Management fees and interest income from loans 1,462 1,665 4,776 4,929
Other   21 99 64
Total revenue 61,190 58,446 187,194 150,611
Expenses:        
Real estate operating expenses 15,632 13,991 45,698 35,877
Real estate taxes and insurance 8,555 8,801 27,569 22,704
Depreciation and amortization 24,878 22,163 72,741 54,863
Selling, general and administrative 3,071 3,477 9,491 9,213
Interest 6,883 5,474 20,950 13,856
Total expenses 59,019 53,906 176,449 136,513
Income before interest income, equity in losses of non-consolidated REITs and taxes 2,171 4,540 10,745 14,098
Interest income   5 2 10
Equity in losses of non-consolidated REITs (455) (431) (1,491) (814)
Income before taxes on income 1,716 4,114 9,256 13,294
Taxes on income 149 118 403 352
Income from continuing operations 1,567 3,996 8,853 12,942
Discontinued operations:        
Income from discontinued operations, net of income tax   98   294
Total discontinued operations   98   294
Net income $ 1,567 $ 4,094 $ 8,853 $ 13,236
Weighted average number of shares outstanding, basic and diluted (in shares) 100,187 100,187 100,187 91,720
Earnings per share, basic and diluted, attributable to:        
Continuing operations (in dollars per share) $ 0.02 $ 0.04 $ 0.09 $ 0.14
Net income per share, basic and diluted (in dollars per share) $ 0.02 $ 0.04 $ 0.09 $ 0.14