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Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
REVENUES        
Rental revenues $ 28,906 $ 25,710 $ 57,640 $ 50,177
Tenant expense reimbursements 8,332 7,068 16,705 14,042
Total revenues 37,238 32,778 74,345 64,219
COSTS AND EXPENSES        
Property operating expenses 10,313 8,452 20,206 16,999
Depreciation and amortization 9,774 9,076 20,509 18,260
General and administrative 5,007 6,030 10,085 10,209
Acquisition costs 5 10 7 11
Total costs and expenses 25,099 23,568 50,807 45,479
OTHER INCOME (EXPENSE)        
Interest and other income 921 23 981 58
Interest expense, including amortization (4,626) (3,806) (9,311) (7,572)
Gain on sales of real estate investments 11,703 10,100 14,986 10,100
Total other income and expenses 7,998 6,317 6,656 2,586
Net income 20,137 15,527 30,194 21,326
Preferred stock dividends   (891)   (1,783)
Net income, net of preferred stock dividends 20,137 14,636 30,194 19,543
Allocation to participating securities (125) (107) (190) (141)
Net income available to common stockholders, net of preferred stock dividends $ 20,012 $ 14,529 $ 30,004 $ 19,402
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:        
Net income available to common stockholders, net of preferred stock dividends $ 0.35 $ 0.29 $ 0.54 $ 0.40
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 56,698,959 50,325,668 55,917,610 48,992,899