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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUE:      
Rental and other property revenue $ 202,620 $ 190,712 $ 160,497
Other revenue [1] 603 520 719
Total revenue 203,223 191,232 161,216
EXPENSES:      
Property operating expenses $ 79,568 $ 76,363 $ 64,716
Type of Cost, Good or Service [Extensible List] us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member
Property management expenses $ 7,726 $ 6,963 $ 6,006
General and administrative expenses 12,745 10,817 9,526
Acquisition and integration expenses     1,342
Depreciation and amortization expense 52,815 45,221 34,201
Casualty related costs   46  
Total expenses 152,854 139,410 115,791
Interest expense (39,226) (36,006) (28,702)
Other income (expense)   144 89
Net gains (losses) on sale of assets 35,211 10,650 18,825
Gain (loss) on extinguishment of debt     (572)
Acquisition related debt extinguishment expenses     (3,624)
Net income (loss): 46,354 26,610 31,441
(Income) loss allocated to noncontrolling interest (458) (322) (1,235)
Net income (loss) allocable to common shares $ 45,896 $ 26,288 $ 30,206
Earnings (loss) per share:      
Basic $ 0.51 $ 0.30 $ 0.41
Diluted $ 0.51 $ 0.30 $ 0.41
Weighted-average shares:      
Basic 89,799,238 87,086,585 73,338,219
Diluted 90,417,486 87,376,991 73,599,869
[1] Amounts include revenue related to activities that are not considered components of a lease, including application fees and administrative fees, as well as revenue not related to leasing activities, including vendor revenue sharing. All amounts are accounted for under FASC ASC Topic 606.