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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUE        
Rental $ 115,038 $ 101,361 $ 229,060 $ 197,934
Other 605 259 858 398
Total revenue 115,643 101,620 229,918 198,332
EXPENSES        
Depreciation and amortization 35,475 28,673 70,560 55,104
Interest 28,806 25,647 57,758 50,769
General and administrative 9,273 7,987 18,441 15,857
Property 2,090 1,597 4,536 3,281
Income taxes 405 368 810 735
Total expenses 76,049 64,272 152,105 125,746
Income from continuing operations 39,594 37,348 77,813 72,586
Income from discontinued operations 3,813 1,900 4,858 2,661
Net income 43,407 39,248 82,671 75,247
Preferred stock dividends (10,457) (6,063) (19,953) (12,127)
Excess of redemption value over carrying value of preferred shares redeemed (see note 8)     (3,696)  
Net income available to common stockholders $ 32,950 $ 33,185 $ 59,022 $ 63,120
Income from continuing operations:        
Basic (in dollars per share) $ 0.22 $ 0.25 $ 0.41 $ 0.49
Diluted (in dollars per share) $ 0.22 $ 0.25 $ 0.41 $ 0.49
Net income:        
Basic (in dollars per share) $ 0.25 $ 0.26 $ 0.44 $ 0.52
Diluted (in dollars per share) $ 0.25 $ 0.26 $ 0.44 $ 0.51
Weighted average common shares outstanding:        
Basic (in shares) 132,592,939 125,999,323 132,643,698 122,547,027
Diluted (in shares) 132,828,540 126,202,047 132,785,213 122,691,418