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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES        
Rental revenues and tenant expense reimbursements $ 43,397 $ 37,899 $ 126,007 $ 112,244
Total revenues 43,397 37,899 126,007 112,244
COSTS AND EXPENSES        
Property operating expenses 10,991 9,486 32,393 29,692
Depreciation and amortization 11,105 10,057 32,168 30,566
General and administrative 5,132 5,047 17,852 15,132
Acquisition costs 47 122 48 129
Total costs and expenses 27,275 24,712 82,461 75,519
OTHER INCOME (EXPENSE)        
Interest and other income 832 1,341 3,171 2,323
Interest expense, including amortization (3,952) (4,406) (12,269) (13,717)
Gain on sales of real estate investments 1,782 0 6,247 14,986
Total other income (expense) (1,338) (3,065) (2,851) 3,592
Net income 14,784 10,122 40,695 40,317
Allocation to participating securities (95) (66) (257) (256)
Net income available to common stockholders $ 14,689 $ 10,056 $ 40,438 $ 40,061
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:        
Net income available to common stockholders - basic (in dollars per share) $ 0.22 $ 0.17 $ 0.64 $ 0.71
Net income available to common stockholders - diluted (in dollars per share) $ 0.22 $ 0.17 $ 0.63 $ 0.71
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 65,724,426 58,369,252 63,667,100 56,743,805
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 66,018,996 58,369,252 63,961,670 56,743,805