SUMMARIZED CONDENSED CONSOLIDATING INFORMATION - Condensed Consolidating Statement of Cash Flows (unaudited) (Details) (USD $) | 3 Months Ended |
In Thousands, unless otherwise specified | Mar. 31, 2015 | Mar. 31, 2014 |
Condensed Financial Statements, Captions [Line Items] | | |
Net cash provided by operating activities | $24,701 | $1,207 |
Cash flows from investing activities: | | |
Acquisitions of real estate | 0 | -108,650 |
Origination and fundings of loans receivable | -7,303 | -19,428 |
Preferred equity investments | -311 | -5 |
Additions to real estate | -675 | -56 |
Repayment of loans receivable | 2,052 | 0 |
Investment in subsidiaries | 0 | 0 |
Distribution from subsidiaries | 0 | |
Intercompany financing | 0 | 0 |
Net cash used in investing activities | -6,237 | -128,139 |
Cash flows from financing activities: | | |
Proceeds from issuance of senior unsecured notes | 0 | 350,000 |
Principal payments on senior unsecured notes | 0 | -211,250 |
Net (repayments) proceeds from revolving credit facility | -42,000 | 26,500 |
Proceeds from mortgage notes | 0 | 46,103 |
Principal payments on mortgage notes | -697 | -57,325 |
Payments of deferred financing costs | -130 | -9,873 |
Issuance of common stock | -7,587 | -648 |
Dividends paid on common and preferred stock | -25,672 | -16,597 |
Contribution from parent | 0 | 0 |
Distribution to parent | 0 | |
Intercompany financing | 0 | 0 |
Net cash (used in) provided by financing activities | -76,086 | 126,910 |
Net decrease in cash and cash equivalents | -57,622 | -22 |
Cash and cash equivalents, beginning of period | 61,793 | 4,308 |
Cash and cash equivalents, end of period | 4,171 | 4,286 |
Parent Company [Member] | | |
Condensed Financial Statements, Captions [Line Items] | | |
Net cash provided by operating activities | 23,502 | -10,795 |
Cash flows from investing activities: | | |
Acquisitions of real estate | | 0 |
Origination and fundings of loans receivable | 0 | 0 |
Preferred equity investments | 0 | 0 |
Additions to real estate | -3 | 0 |
Repayment of loans receivable | 0 | |
Investment in subsidiaries | -414 | -1,165 |
Distribution from subsidiaries | 1,355 | |
Intercompany financing | -48,175 | 27,955 |
Net cash used in investing activities | -47,237 | 26,790 |
Cash flows from financing activities: | | |
Proceeds from issuance of senior unsecured notes | | 0 |
Principal payments on senior unsecured notes | | 0 |
Net (repayments) proceeds from 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 common stock | -7,587 | -648 |
Dividends paid on common and preferred stock | -25,672 | -16,597 |
Contribution from parent | 0 | 0 |
Distribution to parent | 0 | |
Intercompany financing | 0 | 0 |
Net cash (used in) provided by financing activities | -33,259 | -17,245 |
Net decrease in cash and cash equivalents | -56,994 | -1,250 |
Cash and cash equivalents, beginning of period | 58,799 | 3,551 |
Cash and cash equivalents, end of period | 1,805 | 2,301 |
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 |
Origination and fundings of loans receivable | 0 | 0 |
Preferred equity investments | 0 | 0 |
Additions to real estate | 0 | 0 |
Repayment of loans receivable | 0 | |
Investment in subsidiaries | -414 | -1,165 |
Distribution from subsidiaries | 1,355 | |
Intercompany financing | -6,063 | -101,641 |
Net cash used in investing activities | -5,122 | -102,806 |
Cash flows from financing activities: | | |
Proceeds from issuance of senior unsecured notes | | 350,000 |
Principal payments on senior unsecured notes | | -211,250 |
Net (repayments) proceeds from revolving credit facility | -42,000 | 0 |
Proceeds from mortgage notes | | 0 |
Principal payments on mortgage notes | 0 | 0 |
Payments of deferred financing costs | -112 | -9,154 |
Issuance of common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contribution from parent | 414 | 1,165 |
Distribution to parent | -1,355 | |
Intercompany financing | 48,175 | -27,955 |
Net cash (used in) provided by financing activities | 5,122 | 102,806 |
Net decrease 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 | | -108,650 |
Origination and fundings of loans receivable | -7,303 | -19,428 |
Preferred equity investments | -311 | -5 |
Additions to real estate | -501 | -56 |
Repayment of loans receivable | 2,052 | |
Investment in subsidiaries | 0 | 0 |
Distribution from subsidiaries | 0 | |
Intercompany financing | 0 | 0 |
Net cash used in investing activities | -6,063 | -128,139 |
Cash flows from financing activities: | | |
Proceeds from issuance of senior unsecured notes | | 0 |
Principal payments on senior unsecured notes | | 0 |
Net (repayments) proceeds from revolving credit facility | 0 | 26,500 |
Proceeds from mortgage notes | | 0 |
Principal payments on mortgage notes | 0 | 0 |
Payments of deferred financing costs | 0 | -2 |
Issuance of common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contribution from parent | 0 | 0 |
Distribution to parent | 0 | |
Intercompany financing | 6,063 | 101,641 |
Net cash (used in) provided by financing activities | 6,063 | 128,139 |
Net decrease 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 | 1,199 | 12,002 |
Cash flows from investing activities: | | |
Acquisitions of real estate | | 0 |
Origination and fundings of loans receivable | 0 | 0 |
Preferred equity investments | 0 | 0 |
Additions to real estate | -171 | 0 |
Repayment of loans receivable | 0 | |
Investment in subsidiaries | 0 | 0 |
Distribution from subsidiaries | 0 | |
Intercompany financing | 0 | 0 |
Net cash used in investing activities | -171 | 0 |
Cash flows from financing activities: | | |
Proceeds from issuance of senior unsecured notes | | 0 |
Principal payments on senior unsecured notes | | 0 |
Net (repayments) proceeds from revolving credit facility | 0 | 0 |
Proceeds from mortgage notes | | 46,103 |
Principal payments on mortgage notes | -697 | -57,325 |
Payments of deferred financing costs | -18 | -717 |
Issuance of common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contribution from parent | 414 | 1,165 |
Distribution to parent | -1,355 | |
Intercompany financing | 0 | 0 |
Net cash (used in) provided by financing activities | -1,656 | -10,774 |
Net decrease in cash and cash equivalents | -628 | 1,228 |
Cash and cash equivalents, beginning of period | 2,994 | 757 |
Cash and cash equivalents, end of period | 2,366 | 1,985 |
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 |
Origination and fundings of loans receivable | 0 | 0 |
Preferred equity investments | 0 | 0 |
Additions to real estate | 0 | 0 |
Repayment of loans receivable | 0 | |
Investment in subsidiaries | 828 | 2,330 |
Distribution from subsidiaries | -2,710 | |
Intercompany financing | 54,238 | 73,686 |
Net cash used in investing activities | 52,356 | 76,016 |
Cash flows from financing activities: | | |
Proceeds from issuance of senior unsecured notes | | 0 |
Principal payments on senior unsecured notes | | 0 |
Net (repayments) proceeds from 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 common stock | 0 | 0 |
Dividends paid on common and preferred stock | 0 | 0 |
Contribution from parent | -828 | -2,330 |
Distribution to parent | 2,710 | |
Intercompany financing | -54,238 | -73,686 |
Net cash (used in) provided by financing activities | -52,356 | -76,016 |
Net decrease 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 |