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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUE:      
Rental income $ 98,216 $ 44,834 $ 17,843
Tenant reimbursement income 4,401 1,924 943
Other income 6,959 2,413 1,157
Total revenue 109,576 49,171 19,943
EXPENSES:      
Property operating expenses 49,955 23,395 9,429
General and administrative expenses 2,177 1,137 648
Asset management fees 5,613 1,736 272
Acquisition and integration expenses 13,555 1,842 248
Depreciation and amortization expense 28,094 12,520 4,413
Total expenses 99,394 40,630 15,010
Operating income 10,182 8,541 4,933
Interest expense (23,553) (8,496) (3,659)
Interest income 19 17  
Net gains (losses) on sale of assets 6,412    
TSRE financing extinguishment and employee separation expenses (27,508)    
Gains (losses) on TSRE merger and property acquisitions 64,604 2,882  
Net income (loss): 30,156 2,944 1,274
(Income) loss allocated to preferred shares     (10)
(Income) loss allocated to noncontrolling interest (1,914) (4) (649)
Net income (loss) allocable to common shares $ 28,242 $ 2,940 $ 615
Earnings (loss) per share:      
Basic $ 0.78 $ 0.14 $ 0.12
Diluted $ 0.78 $ 0.14 $ 0.12
Weighted-average shares:      
Basic 36,153,673 21,315,928 5,330,814
Diluted 36,160,274 21,532,671 5,330,814