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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue from tenants $ 77,942 $ 71,924 $ 229,529 $ 210,981
Expenses (income):        
Property operating 8,205 5,301 22,613 20,982
Fire recovery 0   0 (49)
Fire recovery   31    
Operating fees to related parties 8,220 6,956 24,425 20,925
Impairment charges 6,375 0 6,375 0
Acquisition, transaction and other costs 192 2,804 1,301 5,243
General and administrative 3,250 3,215 8,774 7,822
Equity-based compensation 2,501 2,053 7,039 1,198
Depreciation and amortization 31,620 30,195 94,007 89,504
Total expenses 60,363 50,555 164,534 145,625
Operating income before gain (loss) on dispositions of real estate investments 17,579 21,369 64,995 65,356
Gain (loss) on dispositions of real estate investments 6,977 (1,933) 14,792 (5,751)
Operating income 24,556 19,436 79,787 59,605
Other income (expense):        
Interest expense (16,154) (15,104) (47,005) (42,494)
Loss on extinguishment of debt (563) (2,612) (1,328) (3,897)
Gain on derivative instruments 3,044 1,290 4,674 4,688
Unrealized income on undesignated foreign currency advances and other hedge ineffectiveness 0 108 76 18
Other (loss) income (2) 44 21 67
Total other expense, net (13,675) (16,274) (43,562) (41,618)
Net income before income tax 10,881 3,162 36,225 17,987
Income tax expense (940) (530) (2,680) (2,800)
Net income 9,941 2,632 33,545 15,187
Preferred Stock dividends (3,081) (2,455) (8,273) (7,361)
Net income attributable to common stockholders $ 6,860 $ 177 $ 25,272 $ 7,826
Basic and Diluted Earnings Per Share:        
Basic and diluted net income per share attributable to common stockholders (usd per share) $ 0.08 $ 0 $ 0.30 $ 0.11
Weighted average shares outstanding:        
Basic (shares) 85,254,638 69,441,639 83,539,304 68,014,855
Diluted (shares) 86,202,582 69,441,639 84,487,248 68,417,253