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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUE:        
Rental and other property revenue $ 57,286 $ 52,087 $ 112,097 $ 103,243
Other revenue 158 181 459 375
Total revenue 57,444 52,268 112,556 103,618
EXPENSES:        
Property operating expenses $ 22,298 $ 20,974 $ 43,136 $ 40,711
Type of Cost, Good or Service [Extensible List] us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member us-gaap:AssetManagement1Member
Property management expenses $ 2,176 $ 2,077 $ 4,119 $ 4,233
General and administrative expenses 4,241 3,574 10,183 8,950
Depreciation and amortization expense 16,763 15,231 33,315 30,059
Abandoned deal costs       130
Casualty losses 0 411 359 411
Total expenses 45,478 42,267 91,112 84,494
Interest expense (8,559) (9,202) (16,944) (18,699)
Net income: 3,407 799 4,500 425
Income allocated to noncontrolling interest (21) (10) (28) (8)
Net income allocable to common shares $ 3,386 $ 789 $ 4,472 $ 417
Earnings per share:        
Basic $ 0.03 $ 0.01 $ 0.04 $ 0.00
Diluted $ 0.03 $ 0.01 $ 0.04 $ 0.00
Weighted-average shares:        
Basic 102,023,204 94,435,722 101,847,876 92,646,891
Diluted 102,923,924 95,092,860 102,822,099 93,550,425