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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Summary of Significant Accounting Policies [Abstract]  
Reconciliation of earnings attributable to Common Shares outstanding for the basic and diluted EPS
                         
    2012     2011     2010  

Basic

                       

Income from continuing operations

    24,451     $ 11,092     $ 19,106  

Income attributable to non-controlling interest

    247       (814     (888

Preferred dividend of Series C Preferred Shares

    —         (585     (288

Preferred dividend of Series D Preferred Shares

    (9,285     (339     —    
   

 

 

   

 

 

   

 

 

 

Income from continuing operations applicable to Common Shares

    15,413       9,354       17,930  

Income (loss) from discontinued operations

    (67     655       (1,741
   

 

 

   

 

 

   

 

 

 

Net income applicable to Common Shares for earnings per share purposes

    15,346     $ 10,009     $ 16,189  
   

 

 

   

 

 

   

 

 

 

Basic weighted-average Common Shares

    33,062       31,428       22,566  
   

 

 

   

 

 

   

 

 

 

Income from continuing operations

  $ 0.46     $ 0.30     $ 0.80  

Income (loss) from discontinued operations

    —         0.02       (0.08
   

 

 

   

 

 

   

 

 

 

Net income per Common Share

  $ 0.46     $ 0.32     $ 0.72  
   

 

 

   

 

 

   

 

 

 

Diluted

                       

Income from continuing operations

  $ 24,451     $ 11,092     $ 19,106  

Income attributable to non-controlling interest

    247       (814     (888

Preferred dividend of Series C Preferred Shares

    —         (585     (288

Preferred dividend of Series D Preferred Shares

    (9,285     (339     —    
   

 

 

   

 

 

   

 

 

 

Income from continuing operations applicable to Common Shares

    15,413       9,354       17,930  

Income (loss) from discontinued operations

    (67     655       (1,741
   

 

 

   

 

 

   

 

 

 

Net income applicable to Common Shares for earnings per share purposes

  $ 15,346     $ 10,009     $ 16,189  
   

 

 

   

 

 

   

 

 

 

Basic weighted-average Common Shares

    33,062       31,428       22,566  

Series B-1 Preferred Shares (1)

    —         —         —    

Series C Preferred Shares (2)

    —         —         —    

Stock options (3)

    —         —         2  
   

 

 

   

 

 

   

 

 

 

Diluted weighted-average Common Shares

    33,062       31,428       22,568  
   

 

 

   

 

 

   

 

 

 

Income from continuing operations

  $ 0.46     $ 0.30     $ 0.80  

Income (loss) from discontinued operations

    —         0.02       (0.08
   

 

 

   

 

 

   

 

 

 

Net income per Common Share

  $ 0.46     $ 0.32     $ 0.72  
   

 

 

   

 

 

   

 

 

 

 

  (1) The Series B-1 Preferred Shares are anti-dilutive for the years ended December 31, 2011 and 2010 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 years ended December 31, 2011 and 2010 are not included in the weighted-average shares outstanding for the calculation of diluted earnings per Common Share.
  (3) The Trust’s stock options were dilutive for the years ended December 31, 2012 and 2010. The weighted-average stock options for the years ended December 31, 2012 were less than one thousand shares. The stock options were anti-dilutive for the year ended December 31, 2011 are not included in the weighted-average shares outstanding for the calculation of diluted earnings per Common Share.