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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Revenues from rental properties $ 23,616 $ 22,062
Interest on notes and mortgages receivable 714 798
Total revenues 24,330 22,860
Operating expenses:    
Rental property expenses 5,879 7,389
Impairment charges 130 472
Environmental expenses 881 1,112
General and administrative expenses 3,654 4,798
Allowance for uncollectible accounts/(recoveries) 1,287 (1,272)
Depreciation and amortization expense 2,322 2,203
Total operating expenses 14,153 14,702
Operating income 10,177 8,158
Other income 131 35
Interest expense (2,580) (2,894)
Earnings from continuing operations 7,728 5,299
Discontinued operations:    
Loss from operating activities (1,243) (3,381)
Gains on dispositions of real estate 3,153 8,432
Earnings from discontinued operations 1,910 5,051
Net earnings $ 9,638 $ 10,350
Basic and diluted earnings per common share:    
Earnings from continuing operations $ 0.23 $ 0.16
Earnings from discontinued operations $ 0.06 $ 0.15
Net earnings $ 0.29 $ 0.31
Weighted average shares outstanding:    
Basic 33,397 33,397
Stock options      
Diluted 33,397 33,397