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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Revenues from rental properties $ 99,286 $ 100,263 $ 78,227
Interest on notes and mortgages receivable 2,882 2,658 133
Total revenues 102,168 102,921 78,360
Operating expenses:      
Rental property expenses 30,232 16,023 10,053
Impairment charges 6,328 15,904  
Environmental expenses 774 5,597 5,371
General and administrative expenses 29,116 22,065 8,178
Allowance for deferred rent receivable   19,288  
Depreciation and amortization expense 12,541 9,511 8,997
Total operating expenses 78,991 88,388 32,599
Operating income 23,177 14,533 45,761
Other income, net 562 16 156
Interest expense (9,931) (5,125) (5,050)
Earnings from continuing operations 13,808 9,424 40,867
Discontinued operations:      
Earnings (loss) from operating activities (8,199) 2,084 9,128
Gains on dispositions of real estate 6,838 948 1,705
Earnings (loss) from discontinued operations (1,361) 3,032 10,833
Net earnings $ 12,447 $ 12,456 $ 51,700
Basic and diluted earnings per common share:      
Earnings from continuing operations $ 0.41 $ 0.28 $ 1.46
Earnings (loss) from discontinued operations $ (0.04) $ 0.09 $ 0.39
Net earnings $ 0.37 $ 0.37 $ 1.84
Weighted average shares outstanding:      
Basic 33,395 33,171 27,950
Stock options   1 3
Diluted 33,395 33,172 27,953