SUMMARIZED CONDENSED CONSOLIDATING INFORMATION (Condensed Consolidating Statement of Cash Flows) (Details) (USD $) | 9 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2014 | Sep. 30, 2013 |
Condensed Financial Statements, Captions [Line Items] | ' | ' |
Net cash provided by operating activities | $71,239 | $49,211 |
Cash flows from investing activities: | ' | ' |
Acquisitions of real estate | -721,879 | -6,175 |
Acquisition of note receivable | -59,256 | -26,393 |
Preferred equity investment | -11,300 | -6,624 |
Additions to real estate | -1,151 | -388 |
Repayment of loans receivable | 287 | 0 |
Net proceeds from the sale of real estate | 0 | 2,208 |
Distribution from subsidiaries | ' | 0 |
Investment in subsidiaries | 0 | ' |
Intercompany financing | 0 | 0 |
Net cash used in investing activities | -793,299 | -37,372 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of senior unsecured notes | 350,000 | 200,000 |
Principal payments on senior unsecured notes | -211,250 | -113,750 |
Proceeds from revolving credit facility | 699,000 | 0 |
Payments on revolving credit facility | -220,500 | -92,500 |
Proceeds from mortgage notes | 57,703 | 0 |
Principal payments on mortgage notes | -88,419 | -10,081 |
Payments of deferred financing costs | -15,474 | -8,598 |
Issuance of preferred stock | 0 | 138,257 |
Issuance of common stock | 229,825 | -2,950 |
Dividends paid on common and preferred stock | -57,654 | -42,677 |
Contributions from Parent | 0 | ' |
Distributions to Parent | ' | 0 |
Intercompany financing | 0 | 0 |
Net cash provided by financing activities | 743,231 | 67,701 |
Net increase in cash and cash equivalents | 21,171 | 79,540 |
Cash and cash equivalents, beginning of period | 4,308 | 17,101 |
Cash and cash equivalents, end of period | 25,479 | 96,641 |
Parent Company [Member] | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' |
Net cash provided by operating activities | 40,289 | 36,878 |
Cash flows from investing activities: | ' | ' |
Acquisitions of real estate | 0 | 0 |
Acquisition of note receivable | 0 | 0 |
Preferred equity investment | 0 | 0 |
Additions to real estate | 0 | 0 |
Repayment of loans receivable | 0 | ' |
Net proceeds from the sale of real estate | ' | 0 |
Distribution from subsidiaries | ' | 3,345 |
Investment in subsidiaries | -12,288 | ' |
Intercompany financing | -182,248 | -52,041 |
Net cash used in investing activities | -194,536 | -48,696 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of senior unsecured notes | 0 | 0 |
Principal payments on senior unsecured notes | 0 | 0 |
Proceeds from revolving credit facility | 0 | ' |
Payments on revolving credit facility | 0 | 0 |
Proceeds from mortgage notes | 0 | ' |
Principal payments on mortgage notes | 0 | 0 |
Payments of deferred financing costs | 0 | 0 |
Issuance of preferred stock | ' | 138,257 |
Issuance of common stock | 229,825 | -2,950 |
Dividends paid on common and preferred stock | -57,654 | -42,677 |
Contributions from Parent | 0 | ' |
Distributions to Parent | ' | 0 |
Intercompany financing | 0 | 0 |
Net cash provided by financing activities | 172,171 | 92,630 |
Net increase in cash and cash equivalents | 17,924 | 80,812 |
Cash and cash equivalents, beginning of period | 3,551 | 15,075 |
Cash and cash equivalents, end of period | 21,475 | 95,887 |
Issuers [Member] | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' |
Net cash provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ' | ' |
Acquisitions of real estate | 0 | 0 |
Acquisition of note receivable | 0 | 0 |
Preferred equity investment | 0 | 0 |
Additions to real estate | 0 | 0 |
Repayment of loans receivable | 0 | ' |
Net proceeds from the sale of real estate | ' | 0 |
Distribution from subsidiaries | ' | 3,345 |
Investment in subsidiaries | -12,288 | ' |
Intercompany financing | -915,786 | -132,883 |
Net cash used in investing activities | -928,074 | -129,538 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of senior unsecured notes | 350,000 | 200,000 |
Principal payments on senior unsecured notes | -211,250 | -113,750 |
Proceeds from revolving credit facility | 604,000 | ' |
Payments on revolving credit facility | 0 | 0 |
Proceeds from mortgage notes | 0 | ' |
Principal payments on mortgage notes | 0 | 0 |
Payments of deferred financing costs | -9,212 | -5,408 |
Issuance of preferred stock | ' | 0 |
Issuance of common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contributions from Parent | 12,288 | ' |
Distributions to Parent | ' | -3,345 |
Intercompany financing | 182,248 | 52,041 |
Net cash provided by financing activities | 928,074 | 129,538 |
Net increase in cash and cash equivalents | 0 | 0 |
Cash and cash equivalents, beginning of period | 0 | 0 |
Cash and cash equivalents, end of period | 0 | 0 |
Combined Guarantor Subsidiaries [Member] | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' |
Net cash provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ' | ' |
Acquisitions of real estate | -713,778 | -6,175 |
Acquisition of note receivable | -59,256 | -26,393 |
Preferred equity investment | -11,300 | -6,624 |
Additions to real estate | -1,128 | -388 |
Repayment of loans receivable | 287 | ' |
Net proceeds from the sale of real estate | ' | 0 |
Distribution from subsidiaries | ' | 0 |
Investment in subsidiaries | 0 | ' |
Intercompany financing | 0 | 0 |
Net cash used in investing activities | -785,175 | -39,580 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of senior unsecured notes | 0 | 0 |
Principal payments on senior unsecured notes | 0 | 0 |
Proceeds from revolving credit facility | 95,000 | ' |
Payments on revolving credit facility | -220,500 | -92,500 |
Proceeds from mortgage notes | 0 | ' |
Principal payments on mortgage notes | 0 | 0 |
Payments of deferred financing costs | -5,111 | -3,011 |
Issuance of preferred stock | ' | 0 |
Issuance of common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contributions from Parent | 0 | ' |
Distributions to Parent | ' | 0 |
Intercompany financing | 915,786 | 135,091 |
Net cash provided by financing activities | 785,175 | 39,580 |
Net increase in cash and cash equivalents | 0 | 0 |
Cash and cash equivalents, beginning of period | 0 | 0 |
Cash and cash equivalents, end of period | 0 | 0 |
Combined Non-Guarantor Subsidiaries [Member] | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' |
Net cash provided by operating activities | 30,950 | 12,333 |
Cash flows from investing activities: | ' | ' |
Acquisitions of real estate | -8,101 | 0 |
Acquisition of note receivable | 0 | 0 |
Preferred equity investment | 0 | 0 |
Additions to real estate | -23 | 0 |
Repayment of loans receivable | 0 | ' |
Net proceeds from the sale of real estate | ' | 2,208 |
Distribution from subsidiaries | ' | 0 |
Investment in subsidiaries | 0 | ' |
Intercompany financing | 0 | 0 |
Net cash used in investing activities | -8,124 | 2,208 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of senior unsecured notes | 0 | 0 |
Principal payments on senior unsecured notes | 0 | 0 |
Proceeds from revolving credit facility | 0 | ' |
Payments on revolving credit facility | 0 | 0 |
Proceeds from mortgage notes | 57,703 | ' |
Principal payments on mortgage notes | -88,419 | -10,081 |
Payments of deferred financing costs | -1,151 | -179 |
Issuance of preferred stock | ' | 0 |
Issuance of common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contributions from Parent | 12,288 | ' |
Distributions to Parent | ' | -3,345 |
Intercompany financing | 0 | -2,208 |
Net cash provided by financing activities | -19,579 | -15,813 |
Net increase in cash and cash equivalents | 3,247 | -1,272 |
Cash and cash equivalents, beginning of period | 757 | 2,026 |
Cash and cash equivalents, end of period | 4,004 | 754 |
Elimination [Member] | ' | ' |
Condensed Financial Statements, Captions [Line Items] | ' | ' |
Net cash provided by operating activities | 0 | 0 |
Cash flows from investing activities: | ' | ' |
Acquisitions of real estate | 0 | 0 |
Acquisition of note receivable | 0 | 0 |
Preferred equity investment | 0 | 0 |
Additions to real estate | 0 | 0 |
Repayment of loans receivable | 0 | ' |
Net proceeds from the sale of real estate | ' | 0 |
Distribution from subsidiaries | ' | -6,690 |
Investment in subsidiaries | 24,576 | ' |
Intercompany financing | 1,098,034 | 184,924 |
Net cash used in investing activities | 1,122,610 | 178,234 |
Cash flows from financing activities: | ' | ' |
Proceeds from issuance of senior unsecured notes | 0 | 0 |
Principal payments on senior unsecured notes | ' | 0 |
Proceeds from revolving credit facility | 0 | ' |
Payments on revolving credit facility | 0 | 0 |
Proceeds from mortgage notes | 0 | ' |
Principal payments on mortgage notes | 0 | 0 |
Payments of deferred financing costs | 0 | 0 |
Issuance of preferred stock | ' | 0 |
Issuance of common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contributions from Parent | -24,576 | ' |
Distributions to Parent | ' | 6,690 |
Intercompany financing | -1,098,034 | -184,924 |
Net cash provided by financing activities | -1,122,610 | -178,234 |
Net increase in cash and cash equivalents | 0 | 0 |
Cash and cash equivalents, beginning of period | 0 | 0 |
Cash and cash equivalents, end of period | $0 | $0 |