Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2012

Summary of Significant Accounting Policies [Abstract]

Reconciliation of earnings attributable to Common Shares outstanding for the basic and diluted EPS

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
Basic
Income from continuing operations	$	16,235		$	10,262		$	26,343		$	21,481
(Income) loss attributable to non-controlling interest		(939	)		(318	)		435			(851	)
Preferred dividend of Series C Preferred Shares		—			(59	)		—			(176	)
Allocations of income to Series C Preferred Shares		—			(18	)		—			—
Preferred dividend of Series D Preferred Shares		(2,786	)		—			(6,498	)		—
Income from continuing operations applicable to Common Shares		12,510			9,867			20,280			20,454
Income (loss) from discontinued operations		(188	)		(98	)		(59	)		142
Net income applicable to Common Shares for earnings per share purposes	$	12,322		$	9,769		$	20,221		$	20,596
Basic weighted-average Common Shares		33,075			32,949			33,064			30,889
Income from continuing operations	$	0.38		$	0.30		$	0.61		$	0.66
Income (loss) from discontinued operations		(0.01	)		—			—			0.01
Earnings per Common Share – Basic	$	0.37		$	0.30		$	0.61		$	0.67
Diluted
Income from continuing operations	$	16,235		$	10,262		$	26,343		$	21,481
Income (loss) attributable to non-controlling interest		(939	)		(318	)		435			(851	)
Preferred dividend of Series C Preferred Shares		—			(59	)		—			(176	)
Allocations of income to Series C Preferred Shares		—			(18	)		—			—
Preferred dividend of Series D Preferred Shares		(2,786	)		—			(6,498	)		—
Income from continuing operations applicable to Common Shares		12,510			9,867			20,280			20,454
Income (loss) from discontinued operations		(188	)		(98	)		(59	)		142
Net income applicable to Common Shares for earnings per share purposes	$	12,322		$	9,769		$	20,221		$	20,596
Basic weighted-average Common Shares		33,075			32,949			33,064			30,889
Series B-1 Preferred Shares (1)		—			—			—			—
Series C Preferred Shares (2)		—			—			—			—
Stock options (3)		1			—			—			—
Diluted weighted-average Common Shares		33,076			32,949			33,064			30,889
Income from continuing operations	$	0.38		$	0.30		$	0.61		$	0.66
Income (loss) from discontinued operations		(0.01	)		—			—			0.01
Earnings per Common Share – Diluted	$	0.37		$	0.30		$	0.61		$	0.67

(1) The Series B-1 Preferred Shares were anti-dilutive for the three and nine months ended September 30, 2011 and are not included in the weighted-average shares outstanding for the calculation of diluted earnings per Common Share.

(2) The Series C Preferred Shares were anti-dilutive for the three and nine months ended September 30, 2011 and are not included in the weighted-average shares outstanding for the calculation of diluted earnings per Common Share.

(3) The Trust’s outstanding stock options were dilutive for the three and nine months ended September 30, 2012 and the nine months ended September 30, 2011. The weighted-average stock options for the nine months ended September 30, 2012 and September 30, 2011 were less than one thousand shares. The outstanding stock options were anti-dilutive for the three months ended September 30, 2011 and are not included in the weighted-average shares outstanding for the calculation of diluted earnings per Common Share.