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Quarterly Financial Data (Tables)
 12 Months Ended
Dec. 31, 2011
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Data
The following tables set forth quarterly financial information and have been adjusted to reflect discontinued operations:

 
Year Ended December 31, 2011
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
114,979

 
$
117,057

 
$
122,086

 
$
128,730

 
$
482,852

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
12,106

 
14,143

 
5,402

 
12,850

 
44,501

Income from discontinued operations (1)
337

 
291

 
2,842

 
—

 
3,470

Net income
12,443

 
14,434

 
8,244

 
12,850

 
47,971

Net (income) attributable to noncontrolling interests in the Operating Partnership
(507
)
 
(623
)
 
(366
)
 
(595
)
 
(2,091
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(123
)
 
(182
)
 
(249
)
 
(201
)
 
(755
)
Dividends on preferred stock
(1,677
)
 
(1,622
)
 
(627
)
 
(627
)
 
(4,553
)
Excess of preferred stock redemption/repurchase over carrying value
—

 
(1,895
)
 
—

 
—

 
(1,895
)
Net income available for common stockholders
$
10,136

 
$
10,112

 
$
7,002

 
$
11,427

 
$
38,677

Earnings per share-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.14

 
$
0.06

 
$
0.16

 
$
0.49

Income from discontinued operations available for common stockholders
—

 
—

 
0.04

 
—

 
0.05

Net income available for common stockholders
$
0.14

 
$
0.14

 
$
0.10

 
$
0.16

 
$
0.54

Earnings per share-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.14

 
$
0.14

 
$
0.06

 
$
0.16

 
$
0.49

Income from discontinued operations available for common stockholders
—

 
—

 
0.04

 
—

 
0.05

Net income available for common stockholders
$
0.14

 
$
0.14

 
$
0.10

 
$
0.16

 
$
0.54


20.
Quarterly Financial Data (Unaudited)

 
Year Ended December 31, 2010
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues (1)
$
114,503

 
$
113,765

 
$
115,528

 
$
117,330

 
$
461,126

 
 
 
 
 
 
 
 
 
 
Income from continuing operations (1)
11,445

 
39,811

 
8,501

 
11,153

 
70,910

Income from discontinued operations (1)
637

 
238

 
272

 
246

 
1,393

Net income
12,082

 
40,049

 
8,773

 
11,399

 
72,303

Net (income) attributable to noncontrolling interests in the Operating Partnership
(520
)
 
(1,933
)
 
(366
)
 
(501
)
 
(3,320
)
Net (income)/loss attributable to noncontrolling interests in consolidated affiliates
(214
)
 
(215
)
 
148

 
(204
)
 
(485
)
Dividends on preferred stock
(1,677
)
 
(1,677
)
 
(1,677
)
 
(1,677
)
 
(6,708
)
Net income available for common stockholders
$
9,671

 
$
36,224

 
$
6,878

 
$
9,017

 
$
61,790

Earnings per share-basic:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.13

 
$
0.51

 
$
0.10

 
$
0.13

 
$
0.84

Income from discontinued operations available for common stockholders
0.01

 
—

 
—

 
—

 
0.02

Net income available for common stockholders
$
0.14

 
$
0.51

 
$
0.10

 
$
0.13

 
$
0.86

Earnings per share-diluted:
 
 
 
 
 
 
 
 
 
Income from continuing operations available for common stockholders
$
0.13

 
$
0.50

 
$
0.10

 
$
0.13

 
$
0.84

Income from discontinued operations available for common stockholders
0.01

 
—

 
—

 
—

 
0.02

Net income available for common stockholders
$
0.14

 
$
0.50

 
$
0.10

 
$
0.13

 
$
0.86

__________

20.
Quarterly Financial Data (Unaudited) – Continued
 
(1)
The amounts presented may not equal to the amounts previously reported in the most recent Form 10-Qs or prior 10-K for each period as a result of discontinued operations. Below is the reconciliation to the amounts previously reported:

 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
2011
 
2011
 
2011
Rental and other revenues, as reported
$
115,592

 
$
117,057

 
$
122,086

Discontinued operations
(613
)
 
—

 
—

Rental and other revenues, as adjusted
$
114,979

 
$
117,057

 
$
122,086

Income from continuing operations, as reported
$
12,443

 
$
14,143

 
$
5,402

Discontinued operations
(337
)
 
—

 
—

Income from continuing operations, as adjusted
$
12,106

 
$
14,143

 
$
5,402

Income from discontinued operations, as reported
$
—

 
$
291

 
$
2,842

Additional discontinued operations from properties sold subsequent to the respective reporting period
337

 
—

 
—

Income from discontinued operations, as adjusted
$
337

 
$
291

 
$
2,842


 
Quarter Ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2010
 
2010
 
2010
 
2010
Rental and other revenues, as reported
$
115,054

 
$
113,765

 
$
115,528

 
$
117,865

Discontinued operations
(551
)
 
—

 
—

 
(535
)
Rental and other revenues, as adjusted
$
114,503

 
$
113,765

 
$
115,528

 
$
117,330

Income from continuing operations, as reported
$
11,694

 
$
39,811

 
$
8,501

 
$
11,399

Discontinued operations
(249
)
 
—

 
—

 
(246
)
Income from continuing operations, as adjusted
$
11,445

 
$
39,811

 
$
8,501

 
$
11,153

Income from discontinued operations, as reported
$
388

 
$
238

 
$
272

 
$
—

Additional discontinued operations from properties sold subsequent to the respective reporting period
249

 
—

 
—

 
246

Income from discontinued operations, as adjusted
$
637

 
$
238

 
$
272

 
$
246