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v3.10.0.1

Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
REVENUE: |  |  |
Rental income | $ 170,513 | $ 143,473 | $ 137,416
Property management and other income | 520 | 719 | 29
Total revenue | 191,232 | 161,216 | 153,388
EXPENSES: |  |  |
Property operating expenses | $ 76,363 | $ 64,716 | $ 63,148
Type of Cost, Good or Service [Extensible List] | us-gaap:AssetManagement1Member | us-gaap:AssetManagement1Member | us-gaap:AssetManagement1Member
Property management expenses | $ 6,963 | $ 6,006 | $ 4,847
General and administrative expenses | 10,817 | 9,526 | 10,864
Acquisition and integration expenses |  | 1,342 | 43
Depreciation and amortization expense | 45,221 | 34,201 | 34,824
Casualty related costs | 46 |  |
Total expenses | 139,410 | 115,791 | 113,726
Operating income | 51,822 | 45,425 | 39,662
Interest expense | (36,006) | (28,702) | (35,535)
Other income (expense) | 144 | 89 | (4)
Net gains (losses) on sale of assets | 10,650 | 18,825 | 31,776
Gain (loss) on extinguishment of debt |  | (572) | (1,210)
Acquisition related debt extinguishment expenses |  | (3,624) |
Management internalization expense |  |  | (44,976)
Gains (losses) on TSRE merger and property acquisitions |  |  | 732
Net income (loss): | 26,610 | 31,441 | (9,555)
(Income) loss allocated to noncontrolling interest | (322) | (1,235) | (246)
Net income (loss) allocable to common shares | $ 26,288 | $ 30,206 | $ (9,801)
Earnings (loss) per share: |  |  |
Basic | $ 0.30 | $ 0.41 | $ (0.19)
Diluted | $ 0.30 | $ 0.41 | $ (0.19)
Weighted-average shares: |  |  |
Basic | 87,086,585 | 73,338,219 | 52,182,427
Diluted | 87,376,991 | 73,599,869 | 52,182,427
Tenant reimbursement income |  |  |
REVENUE: |  |  |
Revenue | $ 6,549 | $ 5,719 | $ 5,587
Other property income |  |  |
REVENUE: |  |  |
Revenue | $ 13,650 | $ 11,305 | $ 10,356

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