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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Rental and other property $ 146,394 $ 125,474
Management and other fees 2,948 2,444
Total revenues 149,342 127,918
Expenses:    
Property operating, excluding real estate taxes 32,608 28,751
Real estate taxes 14,156 11,413
Depreciation 47,144 40,734
General and administrative 6,626 5,400
Cost of management and other fees 1,701 1,640
Total expenses 102,235 87,938
Earnings from operations 47,107 39,980
Interest expense before amortization (25,211) (24,658)
Amortization expense (2,930) (2,871)
Interest and other income 5,023 2,413
Equity income in co-investments 4,211 2,340
Gain on sale of land 1,503 0
Income from continuing operations 29,703 17,204
Income from discontinued operations 0 10,037
Net income 29,703 27,241
Net income attributable to noncontrolling interest (3,132) (3,151)
Net income attributable to controlling interest 26,571 24,090
Dividends to preferred stockholders (1,368) (1,368)
Net income available to common stockholders 25,203 22,722
Comprehensive income 30,739 29,592
Comprehensive income attributable to noncontrolling interest (3,187) (3,296)
Comprehensive income attributable to controlling interest $ 27,552 $ 26,296
Basic:    
Income from continuing operations (in dollars per share) $ 0.68 $ 0.39
Income from discontinued operations (in dollars per share) $ 0 $ 0.28
Net income available to common stockholders (in dollars per share) $ 0.68 $ 0.67
Weighted average number of common shares outstanding during the period (in shares) 37,003,925 34,027,890
Diluted:    
Income from continuing operations (in dollars per share) $ 0.68 $ 0.39
Income from discontinued operations (in dollars per share) $ 0 $ 0.28
Net income available to common stockholders (in dollars per share) $ 0.68 $ 0.67
Weighted average number of common shares outstanding during the period (in shares) 37,092,062 34,151,475
Dividends per common share (in dollars per share) $ 1.21 $ 1.10