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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Land $ 50,210 $ 49,114
Buildings and improvements 499,681 487,396
Construction in progress 15,900 4,983
Real estate properties, gross 565,791 541,493
Less accumulated depreciation (153,459) (146,698)
Real estate properties, net 412,332 394,795
Mortgage notes receivable, net 82,199 78,672
Investment in preferred stock, at cost 38,132 38,132
Cash and cash equivalents 9,800 15,886
Marketable securities 13,142 11,364
Accounts Receivable, Net 1,266 1,184
Straight-line rent receivable 9,782 8,706
Assets held for sale, net 29,381 29,381
Deferred costs and other assets 2,366 1,443
Total Assets 598,400 579,563
Liabilities and Stockholders' Equity    
Long-term Line of Credit 120,000 97,300
Real estate purchase liabilities 9,478 9,478
Accounts payable and accrued expenses 3,933 3,483
Dividends Payable 18,074 24,144
Deferred income 1,643 1,673
Total Liabilities 153,128 136,078
Commitments and Contingencies      
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common stock, $.01 par value; 40,000,000 shares authorized; 27,709,611 and 27,689,392 shares issued and outstanding, respectively 278 278
Capital in excess of par value 467,357 465,678
Cumulative dividends in excess of net income (30,510) (29,652)
Accumulated Other Comprehensive Income (Loss), Net of Tax 8,147 7,181
Total Stockholders' Equity 445,272 443,485
Total Liabilities and Stockholders' Equity $ 598,400 $ 579,563