Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2011

Quarterly Results of Operations (Tables) [Abstract]

Summary of Unaudited Quarterly Results of Operations

		Year Ended December 31, 2011
		1st Quarter		2nd Quarter		3rd Quarter(2)		4th Quarter(3)
Revenues - as reported		$	255,477	$	381,059	$	384,786	$	407,391
Discontinued operations			(4,157)		(1,675)		(1,723)		-
Revenues - as adjusted(1)		$	251,320	$	379,384	$	383,063	$	407,391
Net income (loss) attributable to common stockholders		$	23,372	$	69,847	$	36,607	$	27,282
Net income (loss) attributable to common stockholders per share:
	Basic	$	0.15	$	0.40	$	0.21	$	0.15
	Diluted		0.15		0.39		0.21		0.15
		Year Ended December 31, 2010
		1st Quarter		2nd Quarter		3rd Quarter(4)		4th Quarter
Revenues - as reported		$	152,759	$	163,131	$	176,146	$	202,456
Discontinued operations			(11,361)		(10,992)		(8,809)		(6,033)
Revenues - as adjusted(1)		$	141,398	$	152,139	$	167,337	$	196,423
Net income attributable to common stockholders		$	25,812	$	45,646	$	(4,563)	$	39,988
Net income attributable to common stockholders per share:
	Basic	$	0.21	$	0.37	$	(0.04)	$	0.29
	Diluted		0.21		0.37		(0.04)		0.29
(1) We have reclassified the income attributable to the properties sold prior to or held for sale at December 31, 2011 to discontinued operations. See Note 5.
(2) The decreases in net income and amounts per share are primarily attributable to gains on sales of real estate totaling $30,224,000 for the second quarter as compared to $185,000 for the third quarter.
(3) The decreases in net income and amounts per share are primarily attributable to impairment charges of $11,992,000.
(4) The decreases in net income and amounts per share are primarily attributable to provisions for loan losses ($28,918,000) and transaction costs ($18,835,000).