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Consolidated Balance Sheets (unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Real Estate:    
Land $ 344,537 $ 342,944
Buildings and improvements 196,775 196,607
Total Real Estate 541,312 539,551
Less-accumulated depreciation and amortization (99,547) (95,712)
Real estate held for use, net 441,765 443,839
Real estate held for sale, net 9,672 22,984
Real estate, net 451,437 466,823
Net investment in direct financing leases 96,143 97,147
Deferred rent receivable (net of allowance of $6,343 at September 30, 2014 and $4,775 at December 31, 2013) 20,605 16,893
Cash and cash equivalents 8,396 12,035
Restricted cash 463 1,000
Notes and mortgages receivable 32,901 28,793
Accounts receivable (net of allowance of $3,982 at September 30, 2014 and $3,248 at December 31, 2013) 4,446 5,106
Prepaid expenses and other assets 36,776 54,605
Total assets 651,167 682,402
LIABILITIES AND SHAREHOLDERS' EQUITY:    
Borrowings under credit lines 27,000 58,000
Term loan 100,000 100,000
Mortgage payable, net 341  
Environmental remediation obligations 42,320 43,472
Dividends payable 6,750 8,423
Accounts payable and accrued liabilities 52,746 57,416
Total liabilities 229,157 267,311
Commitments and contingencies (notes 2, 3, 4 and 5)      
Shareholders' equity:    
Common stock, par value $.01 per share; authorized 50,000,000 shares; issued 33,416,873 at September 30, 2014 and 33,397,260 at December 31, 2013 334 334
Paid-in capital 463,058 462,397
Dividends paid in excess of earnings (41,382) (47,640)
Total shareholders' equity 422,010 415,091
Total liabilities and shareholders' equity $ 651,167 $ 682,402