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Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Information  
Schedule of quarterly financial information

 

 

 
  For the quarter ended  
 
  March 31,   June 30,   September 30,   December 31,  
 
  (unaudited, in thousands except per share amounts)
 

2011

                         

Revenues

  $ 20,253   $ 21,180   $ 21,429   $ 22,298  

Net loss from discontinued operations

    (94 )   (74 )   (30 )   (32 )

Net income available to common stockholders

    5,393     11,311     11,472     11,656  

Net income per common share from continuing operations allocable to common stockholders:

                         

Basic

  $ 0.21   $ 0.38   $ 0.38   $ 0.39  

Diluted

  $ 0.21   $ 0.38   $ 0.38   $ 0.39  

Net loss per common share from discontinued operations:

                         

Basic

  $ (0.00 ) $ (0.00 ) $ (0.00 ) $ (0.00 )

Diluted

  $ (0.01 ) $ (0.00 ) $ (0.00 ) $ (0.00 )

Net income per common share available to common stockholders:

                         

Basic

  $ 0.20   $ 0.38   $ 0.38   $ 0.39  

Diluted

  $ 0.20   $ 0.37   $ 0.38   $ 0.39  

Dividends per share declared

  $ 0.42   $ 0.42   $ 0.42   $ 0.42  

Dividend per share paid

  $ 0.42   $ 0.42   $ 0.42   $ 0.42  

2010

                         

Revenues

  $ 17,592   $ 17,925   $ 18,359   $ 19,820  

Net (loss) income from discontinued operations

    (45 )   (43 )   25     256  

Net income available to common stockholders

    6,694     7,739     5,571     9,583  

Net income per common share from continuing operations allocable to common stockholders:

                         

Basic

  $ 0.29   $ 0.33   $ 0.22   $ 0.36  

Diluted

  $ 0.29   $ 0.33   $ 0.22   $ 0.36  

Net (loss) income per common share from discontinued operations:

                         

Basic

  $ (0.00 ) $ (0.00 ) $ 0.00   $ 0.01  

Diluted

  $ (0.00 ) $ (0.00 ) $ 0.00   $ 0.01  

Net income per common share available to common stockholders:

                         

Basic

  $ 0.29   $ 0.33   $ 0.22   $ 0.37  

Diluted

  $ 0.29   $ 0.33   $ 0.22   $ 0.37  

Dividends per share declared

  $ 0.39   $ 0.39   $ 0.39   $ 0.41  

Dividend per share paid

  $ 0.39   $ 0.39   $ 0.39   $ 0.41  

NOTE:
Quarterly and year-to-date computations of per share amounts are made independently. Therefore, the sum of per share amounts for the quarters may not agree with the per share amounts for the year. Computations of per share amounts from continuing operations, discontinued operations and net income (loss) are made independently. Therefore, the sum of per share amounts from continuing operations and discontinued operations may not agree with the per share amounts from net income (loss) available to common stockholders.