EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share from continuing operations for the periods indicated:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(dollars in thousands, except per share amounts)	2012		2011		2012		2011
Numerator
Income from continuing operations	$	6,265	$	3,769	$	16,665	$	16,057
Less: net income attributable to participating securities	127		164		336		122
Income from continuing operations net of income attributable to participating securities	6,138		3,605		16,329		15,935
Effect of dilutive securities:
Preferred OP Unit distributions	—		—		—		14
Numerator for diluted earnings per Common Share	$	6,138	$	3,605	$	16,329	$	15,949
Denominator
Weighted average shares for basic earnings per share	46,338		40,340		44,447		40,330
Effect of dilutive securities:
Employee Restricted Share Units and share options	435		289		424		267
Convertible Preferred OP Units	—		—		—		25
Dilutive potential Common Shares	435		289		424		292
Denominator for diluted earnings per share	46,773		40,629		44,871		40,622
Basic earnings per Common Share from continuing operations attributable to Common Shareholders	$	0.13	$	0.09	$	0.37	$	0.40
Diluted earnings per Common Share from continuing operations attributable to Common Shareholders	$	0.13	$	0.09	$	0.37	$	0.40