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Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]    
Net income $ 35,278 $ 44,210
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 6,761 5,832
Straight-line rental income (1,077) (1,855)
Non-cash interest income on construction loan 0 (488)
Gain on sale of real estate 0 (2,299)
Net realized gains on sales of marketable securities (30) (8,809)
Share-based compensation 1,679 2,645
Change in fair value of interest rate swap agreement 0 (266)
Increase (Decrease) in Operating Capital [Abstract]    
Accounts receivable (82) 148
Deferred costs and other assets (170) (285)
Accounts payable and accrued expenses (457) (120)
Deferred income (30) 19
Net cash provided by operating activities 41,872 38,732
Net Cash Provided by (Used in) Investing Activities [Abstract]    
Investment in mortgage notes receivable (5,262) (3,367)
Collection of mortgage notes receivable 1,735 2,804
Investment in real estate properties (24,298) (15,480)
Receipt of earnest money deposit 0 525
Proceeds from disposition of real estate properties 0 5,771
Proceeds from sales of marketable securities 125 12,862
Net cash used in investing activities (27,700) 3,115
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Net change in borrowings under a revolving credit facility (97,300) (37,765)
Borrowings on term loan 120,000 50,000
Debt issuance costs (753) 0
Principal payments on debt 0 (1,250)
Stock options exercised 0 199
Dividends paid to stockholders (42,205) (33,794)
Net cash used in financing activities (20,258) (22,610)
(Decrease) increase in cash and cash equivalents (6,086) 19,237
Cash and cash equivalents, beginning of year 15,886 2,664
Cash and cash equivalents, end of year 9,800 21,901
Supplemental disclosure of cash flow information:    
Interest Paid 1,373 1,220
Supplemental schedule of non-cash investing and financing activities:    
Decrease in fair value of cash flow hedge 907 0
Earnest money deposit applied to sale of real estate $ 0 $ 4,000