Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Data (Unaudited) (Tables)

v2.4.0.6
Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Data (Unaudited) [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
The following table sets forth the Company's summary quarterly financial information for the years ended December 31, 2011 and 2010 (unaudited and in thousands, except per common share data) (1). This information is not required for the Operating Partnership. Also, note that all per share amounts reflect the Company's two for one split of its common shares effective January 24, 2011:
 
 
Year Ended December 31, 2011
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Total revenues
 
$
70,739

 
$
72,101

 
$
83,243

 
$
89,140

Operating income
 
21,174

 
22,319

 
26,177

 
28,266

Income from continuing operations
 
10,817

 
10,842

 
14,192

 
15,138

Net income
 
10,817

 
10,842

 
14,192

 
15,138

Income attributable to the Company
 
9,398

 
9,422

 
12,464

 
13,357

Income available to common shareholders of the Company
 
9,206

 
9,257

 
12,300

 
13,194

 
 
 
 
 
 
 
 
 
Basic earnings per share available to common shareholders
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.11

 
$
0.11

 
$
0.14

 
$
0.15

Net income
 
0.11

 
0.11

 
0.14

 
0.15

 
 
 
 
 
 
 
 
 
Diluted earnings per share available to common shareholders
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.11

 
$
0.11

 
$
0.14

 
$
0.15

Net income
 
0.11

 
0.11

 
0.14

 
0.15


(1) Quarterly amounts may not add to annual amounts due to the effect of rounding on a quarterly basis.



 
 
Year Ended December 31, 2010
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter (2)
Total revenues
 
$
66,042

 
$
65,295

 
$
69,473

 
$
75,493

Operating income
 
11,018

 
20,100

 
23,698

 
24,815

Income from continuing operations
 
3,002

 
5,393

 
14,856

 
15,091

Net income
 
3,003

 
5,392

 
14,753

 
15,096

Income attributable to the Company
 
2,793

 
4,868

 
12,999

 
13,589

Income available to common shareholders of the Company
 
1,218

 
3,318

 
11,451

 
9,828

 
 
 
 
 
 
 
 
 
Basic earnings per share available to common shareholders
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.02

 
$
0.04

 
$
0.14

 
$
0.12

Net income
 
0.02

 
0.04

 
0.14

 
0.12

 
 
 
 
 
 
 
 
 
Diluted earnings per share available to common shareholders
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
0.02

 
$
0.04

 
$
0.14

 
$
0.12

Net income
 
0.02

 
0.04

 
0.14

 
0.12


(1)
Quarterly amounts may not add to annual amounts due to the effect of rounding on a quarterly basis.

(2)
The fourth quarter of 2010, income from continuing operations available to common shareholders and net income available to common shareholders have been reduced by approximately $2.5 million for the original issuance costs related to the 3,000,000 Class C Cumulative Preferred Shares that were redeemed in full in December 2010.