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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Income from direct financing and sales-type leases $ 223,895 $ 201,549 $ 448,147 $ 397,299
Income from operating leases 10,913 10,914 21,826 21,827
Income from lease financing receivables and loans 17,026 0 29,869 0
Other income 733 0 1,426 0
Golf operations 5,335 8,283 11,635 15,622
Revenues 257,902 220,746 512,903 434,748
Operating expenses        
General and administrative 7,498 6,518 14,513 12,743
Depreciation 1,213 1,018 2,080 1,948
Other expenses 736 0 1,439 0
Golf operations 4,139 4,848 8,509 8,940
Change in allowance for credit losses (65,480) 0 84,028 0
Transaction and acquisition expenses 1,160 2,867 5,677 3,756
Total operating expenses (50,734) 15,251 116,246 27,387
Operating income 308,636 205,495 396,657 407,361
Interest expense (77,693) (54,819) (153,786) (108,405)
Interest income 1,009 4,004 6,529 9,171
Loss from extinguishment of debt 0 0 (39,059) 0
Income before income taxes 231,952 154,680 210,341 308,127
Income tax expense (309) (553) (763) (1,074)
Net income 231,643 154,127 209,578 307,053
Less: Net income attributable to non-controlling interest (2,241) (2,078) (4,188) (4,155)
Net income attributable to common stockholders $ 229,402 $ 152,049 $ 205,390 $ 302,898
Net income per common share        
Basic (in dollars per share) $ 0.47 $ 0.37 $ 0.43 $ 0.74
Diluted (in dollars per share) $ 0.47 $ 0.37 $ 0.43 $ 0.74
Weighted average number of shares of common stock outstanding        
Basic (in shares) 489,012,165 412,309,577 477,094,795 409,040,025
Diluted (in shares) 489,213,427 412,821,400 481,652,482 409,473,202
Other comprehensive income        
Net income attributable to common stockholders $ 229,402 $ 152,049 $ 205,390 $ 302,898
Unrealized gain (loss) on cash flow hedges 951 (30,688) (52,187) (47,879)
Comprehensive income attributable to common stockholders $ 230,353 $ 121,361 $ 153,203 $ 255,019