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CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014
Revenues: |  |  |  |
Rental income | $ 27,116 | $ 25,025 | $ 53,794 | $ 50,277
Interest income from mortgage loans | 5,053 | 4,139 | 9,660 | 8,232
Interest and other income | 218 | 63 | 413 | 156
Total revenues | 32,387 | 29,227 | 63,867 | 58,665
Expenses: |  |  |  |
Interest expense | 3,854 | 3,088 | 7,620 | 6,275
Depreciation and amortization | 6,977 | 6,302 | 13,756 | 12,600
Provision for doubtful accounts | 429 | 11 | 432 | 38
General and administrative expenses | 3,952 | 2,693 | 7,448 | 5,615
Total expenses | 15,212 | 12,094 | 29,256 | 24,528
Operating income | 17,175 | 17,133 | 34,611 | 34,137
Income from unconsolidated joint venture | 753 |  | 869 |
Gain on sale of real estate, net |  | 1,140 |  | 1,140
Net income | 17,928 | 18,273 | 35,480 | 35,277
Income allocated to participating securities | (126) | (117) | (249) | (220)
Income allocated to preferred stockholders | (818) | (818) | (1,636) | (1,636)
Net income available to common stockholders | $ 16,984 | $ 17,338 | $ 33,595 | $ 33,421
Basic earnings per common share |  |  |  |
Net income available to common stockholders | $ 0.48 | $ 0.50 | $ 0.95 | $ 0.97
Diluted earnings per common share |  |  |  |
Net income available to common stockholders | $ 0.48 | $ 0.50 | $ 0.94 | $ 0.96
Weighted average shares used to calculate earnings per common share |  |  |  |
Basic (in shares) | 35,299 | 34,597 | 35,288 | 34,592
Diluted (in shares) | 37,311 | 36,621 | 37,302 | 36,617
Dividends declared and paid per common share (in dollars per share) | $ 0.510 | $ 0.510 | $ 1.020 | $ 1.020

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