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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Real Estate:    
Land $ 342,590 $ 342,944
Buildings and improvements 196,716 196,607
Total Real Estate 539,306 539,551
Less - accumulated depreciation and amortization (97,425) (95,712)
Real estate held for use, net 441,881 443,839
Real estate held for sale, net 17,621 22,984
Real estate, net 459,502 466,823
Net investment in direct financing leases 96,835 97,147
Deferred rent receivable (net of allowance of $5,611 as of March 31, 2014 and $4,775 as of December 31, 2013) 18,282 16,893
Cash and cash equivalents 7,922 12,035
Restricted cash 1,463 1,000
Notes and mortgages receivable 31,084 28,793
Accounts receivable (net of allowance of $3,988 at March 31, 2014 and $3,248 at December 31, 2013) 3,173 5,106
Prepaid expenses and other assets 45,774 54,605
Total assets 664,035 682,402
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Borrowings under credit lines 43,000 58,000
Term loans 100,000 100,000
Environmental remediation obligations 41,952 43,472
Dividends payable 6,752 8,423
Accounts payable and accrued liabilities 54,112 57,416
Total liabilities 245,816 267,311
Commitments and contingencies (notes 2, 3, 4 and 5)      
Shareholders' equity:    
Common stock, par value $.01 per share; authorized 50,000,000 shares; issued 33,397,330 at March 31, 2014 and 33,397,260 at December 31, 2013 334 334
Paid-in capital 462,639 462,397
Dividends paid in excess of earnings (44,754) (47,640)
Total shareholders' equity 418,219 415,091
Total liabilities and shareholders' equity $ 664,035 $ 682,402