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Consolidated Statements Of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:      
Net income $ 90,898,000 $ 81,132,000 $ 69,421,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 16,981,000 11,992,000 11,203,000
Straight-line rental income (3,664,000) (3,778,000) (3,140,000)
Non-cash interest income on construction loan 0 (1,082,000) (298,000)
Loan and realty losses (recoveries) 2,195,000 99,000 573,000
Gain on sales of real estate (11,966,000) (3,348,000) (2,004,000)
Gain on payoff of mortgage note (4,605,000) 0 0
Net realized gains on sales of marketable securities (30,000) (9,899,000) 0
Share-based compensation 2,168,000 3,087,000 2,368,000
Change in fair value of interest rate swap agreement 0 1,197,000 0
Income from unconsolidated entity (45,000) 0 0
Change in operating assets and liabilities:      
Deferred costs and other assets (425,000) (2,655,000) (643,000)
Accounts payable and accrued expenses (512,000) 95,000 634,000
Deferred income (339,000) 212,000 576,000
Net cash provided by operating activities 86,266,000 76,854,000 77,544,000
Cash flows from investing activities:      
Investment in mortgage notes receivable (16,241,000) (6,566,000) (12,422,000)
Collection of mortgage notes receivable 17,463,000 4,540,000 9,482,000
Investment in real estate properties (110,601,000) (75,806,000) (98,736,000)
Investment in unconsolidated subsidiary (8,309,000) 0 0
Payment of real estate purchase liability (5,222,000) 0 0
Receipt of earnest money deposit 0 525,000 3,325,000
Proceeds from disposition of real estate properties 22,975,000 8,971,000 6,247,000
Proceeds from sales of marketable securities 125,000 12,862,000 75,000
Net cash used in investing activities (99,810,000) (55,474,000) (92,029,000)
Cash flows from financing activities:      
Net change in borrowings under a revolving credit facility (33,300,000) 59,535,000 37,765,000
Borrowings on term loan 120,000,000 50,000,000 0
Debt issuance costs (766,000) 0 0
Principal payments on debt 0 (50,000,000) 0
Stock options exercised 2,000 (200,000) (183,000)
Distributions to noncontrolling interest (177,000) 0 0
Dividends paid to stockholders (78,925,000) (67,893,000) (66,517,000)
Net cash provided by (used in) financing activities 6,830,000 (8,158,000) (28,569,000)
(Decrease) increase in cash and cash equivalents (6,714,000) 13,222,000 (43,054,000)
Cash and cash equivalents, beginning of year 15,886,000 2,664,000 45,718,000
Cash and cash equivalents, end of year 9,172,000 15,886,000 2,664,000
Supplemental disclosure of cash flow information:      
Interest Paid 3,449,000 3,353,000 1,061,000
Supplemental schedule of non-cash investing and financing activities:      
Settlement of mortgage note by real estate acquisition 0 0 22,936,000
Cash withheld at closing of real estate acquisition 0 5,478,000 1,000,000
Discount on mortgage note receivable purchased 0 204,000 0
Assumption of debt in real estate acquisition 19,250,000 0 0
Noncontrolling interest conveyed in acquisition 10,964,000 0 0
Decrease in fair value of cash flow hedge $ (1,241,000) $ 0 $ 0