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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUE:    
Rental income $ 40,858 $ 34,737
Tenant reimbursement income 1,607 1,461
Other property income 3,151 2,697
Property management and other income 139 247
Total revenue 45,755 39,142
EXPENSES:    
Property operating expenses 18,418 15,992
Property management expenses 1,683 1,538
General and administrative expenses 2,734 2,100
Acquisition and integration expenses   122
Depreciation and amortization expense 11,224 7,607
Total expenses 34,059 27,359
Operating income 11,696 11,783
Interest expense (8,340) (7,448)
Other income (expense) 144 (5)
Net gains (losses) on sale of assets   (85)
Net income: 3,500 4,245
(Income) loss allocated to noncontrolling interest (88) (168)
Net income allocable to common shares $ 3,412 $ 4,077
Earnings per share:    
Basic $ 0.04 $ 0.06
Diluted $ 0.04 $ 0.06
Weighted-average shares:    
Basic 85,303,010 68,787,155
Diluted 85,535,089 68,958,786