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Pro Forma Results of the Company (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
10 Months Ended 12 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
Pro Forma Information Including 2011 Acquisitions [Member]
Dec. 31, 2011
Pro Forma Information Including 2011 Acquisitions [Member]
Dec. 31, 2011
Pro Forma Information Including 2011 and 2010 Acquisitions [Member]
Dec. 31, 2010
Pro Forma Information Including 2011 and 2010 Acquisitions [Member]
Dec. 31, 2011
Pro Forma 2011 Material Acquisitions [Member]
Dec. 31, 2011
Pro Forma 2011 Material Acquisitions [Member]
Dec. 31, 2012
Pro Forma 2012 Material Acquisitions [Member]
Pro forma Results of the Company                      
Revenues         $ 414,813 $ 363,815 $ 377,871 $ 283,941      
Net income available to common stockholders         238,947 [1],[2] 42,601 [1],[2] 41,293 [1],[2],[3] 2,491 [1],[2],[3]      
Net income available to common stockholders per share - basic         $ 3.41 [1],[2] $ 0.73 [1],[2] $ 0.71 [1],[2],[3] $ 0.03 [1],[2],[3]      
Net income available to common stockholders per share - diluted         $ 3.41 [1],[2] $ 0.73 [1],[2] $ 0.71 [1],[2],[3] $ 0.03 [1],[2],[3]      
Actual results for material acquisitions                      
Revenues 18,943               15,150    
Net income 3,412               397 [4]    
Pro Forma Results of the Company (Textuals) [Abstract]                      
Acquisition-related expenses   $ 4,937 $ 4,053 $ 2,248           $ 600 $ 1,000
[1] The pro forma results for all periods presented include incremental interest expense assuming the acquisitions were funded by pro forma borrowings under the revolving credit facility. The pro forma interest expense estimate is calculated based on the actual interest rate in effect on the revolving credit facility for each respective period. A portion of the 599 N. Mathilda Avenue, Sunnyvale, CA total purchase price related to development assets acquired. This portion of the purchase price has no pro forma impact as the interest expense related to development would be capitalized and would not impact net income available to common stockholders. Actual funding of the acquisitions may be from different sources and the pro forma borrowings and related pro forma interest expense estimate assumed herein are not indicative of actual results.
[2] The pro forma results for the year ended December 31, 2012 were adjusted to exclude acquisition-related expenses of approximately $1.0 million incurred in 2012 for the acquisition of 4100-4700 Bohannon Drive, Menlo Park, CA , 10900 Northeast 4th Street, Bellevue, WA and 555-599 N. Mathilda Avenue, Sunnyvale, CA. The pro forma results for the year ended December 31, 2011 were adjusted to include these expenses.
[3] The pro forma results for the year ended December 31, 2011 were adjusted to exclude acquisition-related expenses of approximately $0.6 million incurred in 2011 for the acquisitions of 601 108th Avenue N.E., Bellevue, WA, and 201 Third Street, San Francisco, CA. The pro forma results for the year ended December 31, 2010 were adjusted to include these expenses.
[4] Reflects the net operating income less depreciation for these properties and amortization of lease related intangibles.