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Earnings Per Share (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net increase (decrease) in shareholders' equity resulting from operations        
Net Income (Loss) Attributable to Parent $ 20,947 $ 11,600 $ 43,582 $ 51,935
Net Income (Loss) Attributable to Participating Non-controlling Interest 172 [1] 105 [1] 357 [1] 516 [1]
Net income (loss) attributable to parent and participating non-controlling interest 21,119 11,705 43,939 52,451
Net increase in shareholders' equity resulting from operations– common shares 20,614 11,404 42,889 51,003
Net increase in shareholders' equity resulting from operations– LTIP units 333 196 693 932
Dividends Paid(2):        
Common shareholders (19,590) [2] (19,567) [2] (39,180) [2] (50,581) [2]
LTIP unit holders (317) [2] (306) [2] (633) [2] (910) [2]
Non-controlling Interest (163) [2] (163) [2] (327) [2] (485) [2]
Total dividends paid to common shareholders, LTIP unit holders, and non-controlling interest (20,070) [2] (20,036) [2] (40,140) [2],[3] (51,976) [2],[3]
Undistributed (Distributed in excess of) earnings:        
Common shareholders 1,024 (8,163) 3,709 422
LTIP Unit holders 16 (110) 60 22
Non-controlling interest 9 (58) 30 31
Total undistributed (distributed in excess of) earnings attributable to common shareholders, LTIP unit holders, and non-controlling interest 1,049 (8,331) 3,799 475
Weighted average shares outstanding (basic and diluted):        
Weighted average common shares outstanding 25,441,750 23,046,550 25,438,677 21,724,721
Weighted average participating LTIP units 411,052 397,096 411,052 397,096
Weighted average non-controlling interest units 212,000 212,000 212,000 212,000
Basic earnings per common share:        
Distributed (in usd per share) $ 0.77 $ 0.77 $ 1.54 $ 2.29
Undistributed (in usd per share) $ 0.04 $ (0.28) $ 0.15 $ 0.06
Basic earnings per common share (in usd per share) $ 0.81 $ 0.49 $ 1.69 $ 2.35
Diluted earnings per common share:        
Distributed (in usd per share) $ 0.77 $ 0.77 $ 1.54 $ 2.29
Undistributed (in usd per share) $ 0.04 $ (0.28) $ 0.15 $ 0.06
Diluted earnings per common share (in usd per share) $ 0.81 $ 0.49 $ 1.69 $ 2.35
Net Income (Loss) Attributable to Non-Participating Non-controlling Interest $ 85   $ 103  
[1] For the three and six month periods ended June 30, 2014, excludes net increase in equity resulting from operations of $85.0 thousand and $103.0 thousand, respectively attributable to the joint venture partner, which has a non-participating interest as described in Note 9.
[2] The Company pays quarterly dividends in arrears, so a portion of the dividends paid in each calendar year relate to the prior year's earnings.
[3] For the six month periods ended June 30, 2014 and 2013, dividends totaling $1.54 and $2.29, respectively, per common share and convertible unit outstanding, were declared and paid.