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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
REVENUE:        
Rental and other property revenue $ 50,848 $ 46,734 $ 100,313 $ 92,350
Other revenue 108 155 183 294
Total revenue 50,956 46,889 100,496 92,644
EXPENSES:        
Property operating expenses $ 20,072 $ 18,703 $ 39,958 $ 37,121
Type of Cost, Good or Service [Extensible List] us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member
Property management expenses $ 2,062 $ 1,592 $ 3,875 $ 3,275
General and administrative expenses 3,538 2,872 6,645 5,606
Depreciation and amortization expense 12,721 11,583 25,168 22,807
Total expenses 38,393 34,750 75,646 68,809
Interest expense (9,849) (8,594) (19,570) (16,934)
Other income       144
Gain (loss) on sale of assets 12,142   12,142  
Net income: 14,856 3,545 17,422 7,045
Income allocated to noncontrolling interest (147) (36) (173) (124)
Net income allocable to common shares $ 14,709 $ 3,509 $ 17,249 $ 6,921
Earnings per share:        
Basic $ 0.16 $ 0.04 $ 0.19 $ 0.08
Diluted $ 0.16 $ 0.04 $ 0.19 $ 0.08
Weighted-average shares:        
Basic 89,513,105 86,644,716 89,252,724 85,978,431
Diluted 90,019,909 86,908,978 89,902,637 86,208,502