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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Revenues from rental properties $ 23,009 $ 26,908
Interest on notes and mortgages receivable 798 681
Total revenues 23,807 27,589
Operating expenses:    
Rental property expenses 7,959 6,195
Impairment charges 472 274
Environmental expenses 1,115 615
General and administrative expenses 3,467 10,766
Depreciation and amortization expense 2,293 2,991
Total operating expenses 15,306 20,841
Operating income 8,501 6,748
Other income, net 35 295
Interest expense (2,894) (1,483)
Earnings from continuing operations 5,642 5,560
Discontinued operations:    
Earnings (loss) from operating activities (3,724) 392
Gains on dispositions of real estate 8,432 533
Earnings from discontinued operations 4,708 925
Net earnings $ 10,350 $ 6,485
Basic and diluted earnings per common share:    
Earnings from continuing operations $ 0.17 $ 0.17
Earnings from discontinued operations $ 0.14 $ 0.03
Net earnings $ 0.31 $ 0.19
Weighted-average shares outstanding:    
Basic 33,397 33,394
Stock options      
Diluted 33,397 33,394