Net Lease Revenue

6 Months Ended

Jun. 30, 2011

Net Lease Revenue [Abstract]

Net Lease Revenue

(3) Net Lease Revenue

Net lease revenue for the three and six-month period ended June 30, 2011 and 2010 comprised:

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2011		2010		2011		2010
Gross lease revenue	$	286,586	$	303,874	$	573,278	$	611,552
Interest income from direct finance lease		6,151		8,541		12,926		17,298
Less:
Direct operating expenses		20,804		55,029		43,891		157,289
Base management fees		20,277		21,783		40,876		43,035
Reimbursed administrative expenses
Salaries		10,934		11,911		21,118		26,361
Other payroll related expenses		1,605		902		4,018		2,816
General and administrative expenses		2,253		2,693		5,030		5,972
		55,873		92,318		114,933		235,473
Net lease revenue	$	236,864	$	220,097	$	471,271	$	393,377