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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
The Company's benefit (provision) for income taxes for the years ended December 31, 2012, 2011 and 2010 is summarized as follows:
 
2012
 
2011
 
2010
Current:
 
 
 
 
 
Federal
$
(371
)
 
$
(440
)
 
$

State and local
(1,157
)
 
(1,080
)
 
(1,072
)
NOL utilized
401

 
566

 

Deferred:
 
 
 
 
 
Federal
141

 
1,399

 
(418
)
State and local
45

 
400

 
(53
)
 
$
(941
)
 
$
845

 
$
(1,543
)
Statutory Accounting Practices Disclosure [Table Text Block]
The income tax benefit (provision) differs from the amount computed by applying the statutory federal income tax rate to pre-tax operating income as follows:
 
2012
 
2011
 
2010
Federal provision at statutory tax rate (34%)
$
(573
)
 
$
(580
)
 
$
(388
)
State and local taxes, net of federal benefit
(110
)
 
(100
)
 
(31
)
Other
(258
)
 
1,525

 
(1,124
)
 
$
(941
)
 
$
845

 
$
(1,543
)
Summary of Average Taxable Nature of Dividends [Table Text Block]
A summary of the average taxable nature of the Company's common dividends for each of the years in the three-year period ended December 31, 2012, is as follows:
 
2012
 
2011
 
2010
Total dividends per share
$
0.525

 
$
0.46

 
$
0.40

Ordinary income
95.68
%
 
47.33
%
 
99.11
%
15% rate - qualifying dividend
0.99
%
 
1.11
%
 
0.89
%
15% rate gain

 

 

25% rate gain

 

 

Return of capital
3.33
%
 
51.56
%
 
%
 
100.00
%
 
100.00
%
 
100.00
%
A summary of the average taxable nature of the Company's dividend on shares of its Series B Preferred for each of the years in the three-year period ended December 31, 2012, is as follows:
 
2012
 
2011
 
2010
Total dividends per share
$
1.341667

 
$
2.0125

 
$
2.0125

Ordinary income
98.98
%
 
97.70
%
 
99.11
%
15% rate - qualifying dividend
1.02
%
 
2.30
%
 
0.89
%
15% rate gain

 

 

25% rate gain

 

 

 
100.00
%
 
100.00
%
 
100.00
%
A summary of the average taxable nature of the Company's dividend on shares of its Series C Preferred for each of the years in the three-year period ended December 31, 2012, is as follows:
 
2012
 
2011
 
2010
Total dividends per share
$
3.25

 
$
3.25

 
$
3.25

Ordinary income
98.98
%
 
97.70
%
 
99.11
%
15% rate - qualifying dividend
1.02
%
 
2.30
%
 
0.89
%
15% rate gain

 

 

25% rate gain

 

 

Return of capital

 

 

 
100.00
%
 
100.00
%
 
100.00
%
A summary of the average taxable nature of the Company's dividend on shares of its Series D Cumulative Redeemable Preferred Stock for the years in the three-year period ended December 31, 2012, is as follows:
 
2012
 
2011
 
2010
Total dividends per share
$
1.8875

 
$
1.76498
(1)
 
$
2.01002
(1)
Ordinary income
98.98
%
 
97.70
%
 
99.11
%
15% rate - qualifying dividend
1.02
%
 
2.30
%
 
0.89
%
15% rate gain

 

 

25% rate gain

 

 

 
100.00
%
 
100.00
%
 
100.00
%
_________
(1)Of the total dividend paid in January 2011, $0.12252 is allocated to 2010 and $0.349355 is allocated to 2011.