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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Real Estate:    
Land $ 345,984 $ 345,473
Buildings and improvements 270,902 270,381
Total real estate 616,886 615,854
Less - accumulated depreciation and amortization (140,354) (137,117)
Real estate, net 476,532 478,737
Net investment in direct financing leases 92,471 92,632
Deferred rent receivable (net of allowance of $24,574 at March 31, 2012 and $25,630 at December 31, 2011) 8,587 8,080
Cash and cash equivalents 16,087 7,698
Notes, mortgages and accounts receivable, (net of allowance of $19,700 at March 31, 2012 and $9,480 at December 31, 2011) 32,627 36,083
Other assets 17,281 11,859
Total assets 643,585 635,089
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Borrowings under credit line 151,700 147,700
Term loan 22,615 22,810
Environmental remediation costs 59,006 57,700
Accounts payable and accrued liabilities 31,433 34,710
Total liabilities 264,754 262,920
Commitments and contingencies (notes 2, 3, 5 and 6)      
Shareholders' equity:    
Common stock, par value $.01 per share; authorized 50,000,000 shares; issued 33,394,755 at March 31, 2012 and 33,394,395 at December 31, 2011 334 334
Paid-in capital 460,864 460,687
Dividends paid in excess of earnings (82,367) (88,852)
Total shareholders' equity 378,831 372,169
Total liabilities and shareholders' equity $ 643,585 $ 635,089