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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 81,132 $ 69,421 $ 64,229
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 11,992 11,203 8,621
Straight-line rental income (3,778) (3,140) (627)
Non-cash interest income on construction loan (1,082) (298)  
Loan and realty recoveries (99) (573) (1,077)
Gain on sale of real estate (3,348) (2,004)  
Net realized gains and recoveries on sales of marketable securities (9,899)   (2,403)
Share-based compensation 3,087 2,368 853
Impairment of real estate assets in discontinued operations     25
Changes in operating assets and liabilities:      
Accounts receivable (713) (73) 174
Deferred costs and other assets (745) (570) 102
Accounts payable and accrued expenses 95 634 (1,605)
Deferred income 212 576 770
Net cash provided by operating activities 76,854 77,544 69,062
Cash flows from investing activities:      
Investment in mortgage notes receivable (6,566) (12,422) (4,501)
Collection of mortgage notes receivable 4,540 9,482 19,630
Investment in real estate properties (75,806) (98,736) (81,569)
Receipt of earnest money deposit 525 3,325 150
Proceeds from disposition of real estate properties 8,971 6,247 175
Acquisition of marketable securities     (274)
Proceeds from sales of marketable securities 12,862 75 11,261
Net cash used in investing activities (55,474) (92,029) (55,128)
Cash flows from financing activities:      
Net change in borrowings under a revolving credit facility 59,535 37,765  
Borrowings on term loan 50,000    
Principal payments on debt (50,000)   (3,987)
Stock options exercised 200 183 78
Dividends paid to stockholders (67,893) (66,517) (64,549)
Net cash used in financing activities (8,158) (28,569) (68,458)
(Decrease) increase in cash and cash equivalents 13,222 (43,054) (54,524)
Cash and cash equivalents, beginning of year 2,664 45,718 100,242
Cash and cash equivalents, end of year 15,886 2,664 45,718
Supplemental disclosure of cash flow information:      
Interest paid 3,353 1,061 91
Supplemental schedule of non-cash investing and financing activities:      
Settlement of mortgage note by real estate acquisition (Note 8)   22,936  
Cash withheld at closing of real estate acquisition (Note 8) 5,478 1,000 3,000
Discount [Member]
     
Supplemental schedule of non-cash investing and financing activities:      
Discount on Mortgage Note Receivable Purchased $ 204   $ 1,132