Equity Investments (Tables)

12 Months Ended

Dec. 31, 2011

Equity Investments

Schedule of equity investments

	Ownership Percentage						Equity Investments				Equity in Earnings (Loss)
	December 31,						December 31,				Year Ended December 31,
	2011			2010			2011		2010		2011		2010			2009
GOV		21.1	%		24.6	%	$	172,186	$	166,388	$	11,238	$	8,465		$	6,679
AIC		14.3	%		14.3	%		5,291		5,076		139		(1	)		(133	)
							$	177,477	$	171,464	$	11,377	$	8,464		$	6,546

Schedule of summarized balance sheet information of equity method investee

	December 31,
	2011		2010
Real estate properties, net	$	1,198,050	$	846,447
Acquired real estate leases, net		117,596		60,097
Cash and cash equivalents		3,272		2,437
Rents receivable, net		29,000		19,200
Other assets, net		20,657		23,107
Total assets	$	1,368,575	$	951,288
Revolving credit facility	$	345,500	$	118,000
Mortgage notes payable		95,383		46,428
Assumed real estate lease obligations, net		11,262		13,679
Other liabilities		24,762		15,784
Shareholders' equity		891,668		757,397
Total liabilities and shareholders' equity	$	1,368,575	$	951,288

Schedule of summarized income statement information of equity method investee

	Year Ended December 31,
	2011			2010			2009
Rental income	$	178,950		$	117,219		$	79,161
Operating expenses		(66,445	)		(41,178	)		(27,307	)
Depreciation and amortization		(40,089	)		(24,239	)		(15,172	)
Acquisition related costs		(3,504	)		(5,750	)		(1,032	)
General and administrative		(10,898	)		(7,061	)		(4,058	)
Operating income		58,014			38,991			31,592
Interest and other income		104			103			53
Interest expense		(12,057	)		(7,351	)		(5,556	)
Loss on extinguishment of debt		—			(3,786	)		—
Equity in earnings (losses) of an investee		139			(1	)		(15	)
Income before income tax expense		46,200			27,956			26,074
Income tax expense		(203	)		(161	)		(93	)
Net income	$	45,997		$	27,795		$	25,981
Weighted average common shares outstanding		43,368			34,341			15,082
Net income per common share	$	1.06		$	0.81		$	1.72