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Consolidated Statements Of Income - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Rental income $ 280,813,000 $ 265,169,000 $ 232,353,000
Interest income from mortgage and other notes 13,799,000 13,490,000 16,107,000
Revenues 294,612,000 278,659,000 248,460,000
Expenses:      
Depreciation 71,349,000 67,173,000 59,525,000
Interest expense 49,055,000 46,324,000 43,108,000
Legal expense 309,000 494,000 422,000
Franchise, excise and other taxes 1,166,000 960,000 1,009,000
General and administrative 12,547,000 12,217,000 9,773,000
Loan and realty losses (recoveries), net (5,115,000) 0 (15,856,000)
Total operating expenses 139,541,000 127,168,000 129,693,000
Income before equity-method investee, tax benefit (expense), investment and other gains, discontinued operations and noncontrolling interest 155,071,000 151,491,000 118,767,000
Income from equity-method investee 0 0 1,214,000
Loss on convertible note retirement (738,000) (2,214,000) 0
Income tax benefit (expense) of taxable REIT subsidiary 0 0 (749,000)
Investment and other gains 0 10,088,000 35,912,000
Discontinued operations      
Net income 154,333,000 159,365,000 152,716,000
Less: net income attributable to noncontrolling interest 0 0 (1,176,000)
Net income attributable to common stockholders $ 154,333,000 $ 159,365,000 $ 151,540,000
Weighted average common shares outstanding:      
Basic 41,943,873 40,894,219 39,013,412
Diluted 42,091,731 41,151,453 39,155,380
Basic:      
Net income per common share attributable to common stockholders $ 3.68 $ 3.90 $ 3.88
Diluted:      
Net income per common share attributable to common stockholders $ 3.67 $ 3.87 $ 3.87