Distributions (Tables)

12 Months Ended

Dec. 31, 2011

Distributions [Abstract]

Schedule of Dividends Payable

DISTRIBUTIONS

	Years ended December 31,
	2011			2010			2009
Common Share Distributions:
Ordinary income	$	0.37		$	0.60		$	0.60
Capital gain	—			—			—
Non-taxable distributions	0.23			—			—
Distributions per share	$	0.60		$	0.60		$	0.60
Percentage classified as ordinary income	61.67		%	100		%	100		%
Percentage classified as capital gain	—		%	—		%	—		%
Percentage classified as non-taxable distribution	38.33		%	—		%	—		%
Preferred Share Distributions:
Total distributions declared	$	7,992,000		$	7,992,000		$	7,992,000