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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES:        
Rental and other property income $ 60,804 $ 55,968 $ 120,626 $ 111,135
Expense reimbursements 2,646 2,597 4,997 5,047
Interest and other income 8,008 1,273 9,958 1,964
REVENUES 71,458 59,838 135,581 118,146
EXPENSES:        
Rental and other property operating 30,439 25,232 60,025 49,953
Asset management fees and other fees to related parties 6,338 5,431 12,075 10,840
Interest 4,939 4,725 9,156 9,402
General and administrative 3,610 715 4,789 1,257
Transaction costs 32 1,394 500 1,394
Depreciation and amortization 17,286 17,533 33,915 34,670
EXPENSES 62,644 55,030 120,460 107,516
Bargain purchase gain (Note 2)     4,918  
INCOME BEFORE PROVISION FOR INCOME TAXES 8,814 4,808 20,039 10,630
Provision for income taxes (300)   (308)  
NET INCOME 8,514 4,808 19,731 10,630
Net income attributable to noncontrolling interests (115) (113) (113) (109)
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS 8,399 4,695 19,618 10,521
COMPREHENSIVE INCOME $ 8,399 $ 4,695 $ 19,618 $ 10,521
NET INCOME PER SHARE:        
Basic (in dollars per share) $ 0.09 $ 0.05 $ 0.20 $ 0.11
Diluted (in dollars per share) $ 0.09 $ 0.05 $ 0.20 $ 0.11
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:        
Basic (in shares) 97,571 95,440 96,758 95,440
Diluted (in shares) 97,576 95,440 96,764 95,440