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Common Share Capitalization (Tables)
 12 Months Ended
Dec. 31, 2012
Stockholders' Equity Note [Abstract]  
Summary of Common Shares Outstanding
Detailed below is a roll-forward of the Company’s common shares outstanding for the years ended December 31, 2012, 2011, and 2010:
 
Year Ended
December 31, 2012
 
Year Ended
December 31, 2011
 
Year Ended
December 31, 2010
Common Shares Outstanding
(12/31/2011, 12/31/2010, and 12/31/2009, respectively)
16,447,651

 
16,498,342

 
11,972,113

Share Activity:
 
 
 
 
 
Shares issued
4,025,000

 
—

 
4,500,000

Shares repurchased
(156,639
)
 
(60,980
)
 
—

Shares issued in connection with incentive fee payment
53,207

 
9,039

 
22,479

Director LTIP units exercised
1,250

 
1,250

 
3,750

Common Shares Outstanding
(12/31/2012, 12/31/2011, and 12/31/2010, respectively)
20,370,469

 
16,447,651

 
16,498,342