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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Results of Operations (Unaudited) [Abstract]  
Quarterly Results of Operations (Unaudited)
(18) Quarterly Results of Operations (Unaudited)
 
The following is a summary of quarterly results of operations for 2012 and 2011 ($ in thousands, except per share and dividend amounts):
 
   
Quarter ended
  
Quarter ended
  
Quarter ended
  
Quarter ended
 
   
December 31
  
September 30
  
June 30
  
March 31
 
2012:
            
Total property revenues
 $141,628  $135,070  $129,764  $125,474 
                  
Income before discontinued operations
 $49,640  $20,221  $42,490  $17,202 
                  
Net income
 $49,640  $20,221  $42,490  $27,239 
Net income available to common stockholders
 $43,793  $16,219  $37,078  $22,722 
Per share data:
                
Net income:
                
Basic
 $1.22  $0.46  $1.07  $0.67 
                  
Diluted
 $1.22  $0.45  $1.07  $0.67 
Market price:
                
High
 $150.71  $160.64  $161.53  $151.54 
Low
 $136.38  $147.38  $146.05  $136.43 
Close
 $146.65  $148.24  $153.92  $151.51 
Dividends declared
 $1.10  $1.10  $1.10  $1.10 
                  
2011:
                
Total property revenues
 $122,373  $117,226  $114,906  $111,208 
                  
Income before discontinued operations
 $14,493  $11,767  $10,502  $12,106 
                  
Net income
 $17,868  $11,085  $16,052  $12,511 
Net income available to common stockholders
 $13,937  $7,687  $10,326  $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