XML 19 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Lease Income $ 64,559 $ 74,749
Interest income and other 6,768 6,136
Revenues 71,327 80,885
Expenses:    
Depreciation 18,272 20,806
Interest 10,198 12,973
Legal 1,827 130
Franchise, excise and other taxes 244 233
General and administrative 8,101 7,989
Property taxes and insurance on leased properties 3,038 2,161
Loan and realty losses 24,528 (50)
Total operating expenses 66,208 44,242
Income (Loss) from Equity Method Investments 297 (808)
Gains (Losses) on Sales of Investment Real Estate 2,981 0
Net income 8,246 35,384
Less: net loss attributable to noncontrolling interest 153 (52)
Net income $ 8,399 $ 35,332
Weighted average common shares outstanding:    
Basic 45,850,686 45,305,087
Diluted 45,851,061 45,357,773
Basic:    
Net income attributable to common stockholders - basic $ 0.18 $ 0.78
Diluted:    
Net income attributable to common stockholders - diluted $ 0.18 $ 0.78
Gains (Losses) on Sales of Investment Real Estate $ 2,981 $ 0
Gain (Loss) on Extinguishment of Debt $ (151) $ (451)