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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUE:    
Rental and other property revenue $ 49,465 $ 45,616
Other revenue 75 139
Total revenue 49,540 45,755
EXPENSES:    
Property operating expenses $ 19,886 $ 18,418
Type of Cost, Good or Service [Extensible List] us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member
Property management expenses $ 1,813 $ 1,683
General and administrative expenses 3,107 2,734
Depreciation and amortization expense 12,447 11,224
Total expenses 37,253 34,059
Operating income 12,287 11,696
Interest expense (9,721) (8,340)
Other income   144
Net income: 2,566 3,500
Income allocated to noncontrolling interest (26) (88)
Net income allocable to common shares $ 2,540 $ 3,412
Earnings per share:    
Basic $ 0.03 $ 0.04
Diluted $ 0.03 $ 0.04
Weighted-average shares:    
Basic 88,989,450 85,303,010
Diluted 89,516,224 85,535,089