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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2011
Quarterly Results of Operations (Unaudited) [Abstract]  
Summary of quarterly results of operations
The following is a summary of quarterly results of operations for 2011 and 2010 ($ in thousands, except per share and dividend amounts):
 
   
Quarter ended
December 31
  
Quarter ended
September 30
  
Quarter ended
June 30
  
Quarter ended
March 31
 
2011:
            
Total property revenues
 $123,151  $118,002  $115,657  $111,968 
                  
Income before discontinued operations
 $14,713  $11,992  $10,720  $12,357 
                  
Net income
 $17,867  $11,085  $16,053  $12,511 
Net income available to common stockholders
 $13,937  $7,688  $10,325  $8,418 
Per share data:
                
Net income:
                
Basic
 $0.42  $0.23  $0.32  $0.27 
                  
Diluted
 $0.42  $0.23  $0.32  $0.27 
Market price:
                
High
 $148.44  $145.40  $138.31  $124.41 
Low
 $111.25  $119.15  $122.67  $109.98 
Close
 $140.51  $120.04  $135.29  $124.00 
Dividends declared
 $1.04  $1.04  $1.04  $1.04 
                  
2010:
                
Total property revenues
 $107,465  $103,225  $98,959  $99,084 
                  
Income before discontinued operations
 $8,494  $10,260  $13,643  $17,680 
                  
Net income
 $8,628  $10,426  $13,869  $17,859 
Net income available to common stockholders
 $4,778  $6,377  $9,482  $13,127 
Per share data:
                
Net income:
                
Basic
 $0.16  $0.21  $0.32  $0.45 
                  
Diluted
 $0.16  $0.21  $0.32  $0.45 
Market price:
                
High
 $117.12  $115.08  $113.03  $93.98 
Low
 $105.60  $92.62  $89.23  $76.35 
Close
 $114.22  $109.44  $97.54  $89.95 
Dividends declared
 $1.03  $1.03  $1.03  $1.03