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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Rental income $ 85,115 $ 76,078 $ 70,917
Interest income from mortgage and other notes 7,426 6,652 6,743
Investment income and other 4,412 4,483 4,919
Revenues 96,953 87,213 82,579
Expenses:      
Depreciation 16,579 11,549 10,601
Interest expense 3,492 3,848 1,552
Legal expense 766 559 1,152
Franchise, excise and other taxes 771 837 539
General and administrative 7,799 7,588 7,794
Loan and realty losses (recoveries) 2,195 99 573
Total operating expenses 27,212 24,282 21,065
Income before unconsolidated entity, investment and other gains, discontinued operations and noncontrolling interest 69,741 62,931 61,514
Income from unconsolidated entity 45 0 0
Investment and other gains 4,877 10,261 272
Income from continuing operations 74,663 73,192 61,786
Discontinued operations      
Income from operations - discontinued 4,269 4,592 5,631
Gain on sales of real estate 11,966 3,348 2,004
Income from discontinued operations 16,235 7,940 7,635
Net income 90,898 81,132 69,421
Less: net income attributable to noncontrolling interest (167) 0 0
Net income attributable to common stockholders $ 90,731 $ 81,132 $ 69,421
Weighted average common shares outstanding:      
Basic 27,811,813 27,719,096 27,664,482
Diluted 27,838,720 27,792,592 27,732,959
Basic:      
Income from continuing operations attributable to common stockholders $ 2.68 $ 2.64 $ 2.23
Discontinued operations $ 0.58 $ 0.29 $ 0.28
Net income per common share attributable to common stockholders $ 3.26 $ 2.93 $ 2.51
Diluted:      
Income from continuing operations attributable to common stockholders $ 2.68 $ 2.63 $ 2.23
Discontinued operations $ 0.58 $ 0.29 $ 0.27
Net income per common share attributable to common stockholders $ 3.26 $ 2.92 $ 2.50