Note 2 - Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	Options Outstanding		Weighted Average Option Price Per Share
Balance, December 31, 2011		2,827,641	$	8.54
Options granted		-		-
Options exercised		-		-
Options expired		-		-
Balance, September 30, 2012		2,827,641	$	8.54

Reconciliation of Carrying Amounts for Equity and Related Amounts or Equity Attributable to Stockholders' Equity and Noncontrolling Interests [Table Text Block]

	Equity
	Common Stock		Additional Paid-in Capital		Distributions in Excess of Accumulated Earnings			Noncontrolling  Interests			Total
	(dollars in thousands)
Balance, December 31, 2011	$	23	$	175,900	$	(32,962	)	$	410,126		$	553,087
Net income		-		-		8,543			31,925			40,468
Amortization of previously granted share awards		-		2		-			-			2
Conversions of operating partnership units		-		821		-			(821	)		-
Dividends and distributions		-		-		(10,880	)		(40,920	)		(51,800	)
Balance, September 30, 2012	$	23	$	176,723	$	(35,299	)	$	400,310		$	541,757