Net Lease Revenue

6 Months Ended

Jun. 30, 2011

Net Lease Revenue [Abstract]

Net Lease Revenue

(3) Net Lease Revenue

Net lease revenue for the three and six month period ended June 30, 2011 and 2010 was as follows:

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2011		2010		2011		2010
Gross lease revenue	$	540,185	$	632,526	$	1,089,980	$	1,300,354
Interest income from sales-type and direct finance leases		43,537		48,260		84,906		92,066
Less:
Direct operating expenses		52,246		97,389		100,662		252,862
Base management fees		40,510		46,206		81,578		94,006
Reimbursed administrative expenses
Salaries		25,868		30,140		50,138		67,133
Other payroll related expenses		3,797		2,284		9,540		7,184
General and administrative expenses		5,328		6,810		11,944		15,204
		127,749		182,829		253,862		436,389
Net lease revenue	$	455,973	$	497,957	$	921,024	$	956,031