XML 17 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUES        
Rental revenues and tenant expense reimbursements $ 41,730 $ 37,238 $ 82,610 $ 74,345
Total revenues 41,730 37,238 82,610 74,345
COSTS AND EXPENSES        
Property operating expenses 10,709 10,313 21,402 20,206
Depreciation and amortization 10,648 9,774 21,063 20,509
General and administrative 6,757 5,007 12,720 10,085
Acquisition costs 1 5 1 7
Total costs and expenses 28,115 25,099 55,186 50,807
OTHER INCOME (EXPENSE)        
Interest and other income 817 921 2,339 981
Interest expense, including amortization (4,053) (4,626) (8,317) (9,311)
Gain on sales of real estate investments 0 11,703 4,465 14,986
Total other income (expense) (3,236) 7,998 (1,513) 6,656
Net income 10,379 20,137 25,911 30,194
Allocation to participating securities (64) (125) (162) (190)
Net income available to common stockholders $ 10,315 $ 20,012 $ 25,749 $ 30,004
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:        
Net income available to common stockholders - basic (in dollars per share) $ 0.16 $ 0.35 $ 0.41 $ 0.54
Net income available to common stockholders - diluted (in dollars per share) $ 0.16 $ 0.35 $ 0.41 $ 0.54
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 63,780,645 56,698,959 62,625,224 55,917,610
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 64,075,215 56,698,959 62,919,794 55,917,610