XML 53 R38.htm IDEA: XBRL DOCUMENT v2.4.0.6
SUPPLEMENTAL CONDENSED COMBINING FINANCIAL INFORMATION - Condensed Combining Statement of Cash Flows (Detail) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2011
Getty Petroleum Marketing [Member]
Sep. 30, 2011
Other Tenants [Member]
Sep. 30, 2011
Corporate [Member]
Cash flows from operating activities:          
Net earnings (loss) $ 6,646,000 $ 31,938,000 $ 19,744,000 $ 24,480,000 $ (12,286,000)
Adjustments to reconcile net earnings (loss) to net cash flow provided by (used in) operating activities:          
Depreciation and amortization expense 10,966,000 7,354,000 3,244,000 4,079,000 31,000
Impairment charges 10,552,000 3,094,000 1,544,000 1,550,000  
Gain from dispositions of real estate (3,819,000) (629,000) (319,000) (310,000)  
Deferred rental revenue (2,858,000) (213,000) 1,390,000 (1,603,000)  
Allowance for deferred rent and accounts receivable 16,524,000 11,292,000 11,043,000 249,000  
Amortization of above-market and below-market leases (245,000) (533,000)   (533,000)  
Accretion expense 2,250,000 469,000 459,000 10,000  
Stock-based employee compensation expense 547,000 480,000     480,000
Changes in assets and liabilities:          
Net investment in direct financing leases   334,000   334,000  
Accounts receivable, net (14,968,000) (1,177,000) (200,000) (977,000)  
Other assets (5,445,000) 547,000 168,000 (140,000) 519,000
Environmental remediation costs (5,169,000) (802,000) (746,000) (56,000)  
Accounts payable and accrued liabilities (3,254,000) 540,000 74,000 440,000 26,000
Net cash flow provided by (used in) operating activities 12,250,000 52,694,000 36,401,000 27,523,000 (11,230,000)
Cash flows from investing activities:          
Property acquisitions and capital expenditures (2,494,000) (167,475,000)   (167,474,000) (1,000)
Proceeds from dispositions of real estate 5,882,000 1,464,000 784,000 680,000  
Decrease in cash held for property acquisitions (3,287,000) 149,000     149,000
Collection of notes and mortgages receivable 1,169,000 483,000   379,000 104,000
Issuance of notes and mortgages receivable   (30,400,000)   (30,400,000)  
Net cash flow provided by (used in) investing activities 1,270,000 (195,779,000) 784,000 (196,815,000) 252,000
Cash flows from financing activities:          
Borrowings under credit agreement 4,000,000 247,253,000     247,253,000
Repayments under credit agreement   (140,853,000)     (140,853,000)
Repayments under term loan agreement (585,000) (585,000)     (585,000)
Cash dividends paid (4,202,000) (46,654,000)     (46,654,000)
Credit agreement origination costs (4,044,000) (175,000)     (175,000)
Net proceeds from issuance of common stock   91,986,000     91,986,000
Cash consolidation - Corporate     (37,185,000) 169,292,000 (132,107,000)
Net cash flow provided by (used in) financing activities (4,831,000) 150,972,000 (37,185,000) 169,292,000 18,865,000
Net increase in cash and cash equivalents 8,689,000 7,887,000     7,887,000
Cash and cash equivalents at beginning of period 7,698,000 6,122,000     6,122,000
Cash and cash equivalents at end of period $ 16,387,000 $ 14,009,000     $ 14,009,000