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CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2015 | Sep. 30, 2014 | Sep. 30, 2015 | Sep. 30, 2014
Revenues: |  |  |  |
Rental income | $ 28,531 | $ 25,098 | $ 82,325 | $ 75,375
Interest income from mortgage loans | 6,117 | 4,213 | 15,777 | 12,445
Interest and other income | 295 | 230 | 708 | 386
Total revenues | 34,943 | 29,541 | 98,810 | 88,206
Expenses: |  |  |  |
Interest expense | 4,296 | 3,170 | 11,916 | 9,445
Depreciation and amortization | 7,365 | 6,335 | 21,121 | 18,935
Provision for doubtful accounts | 31 | 40 | 463 | 77
Acquisition costs | 539 | 2 | 564 | 22
General and administrative expenses | 3,739 | 2,872 | 11,162 | 8,468
Total expenses | 15,970 | 12,419 | 45,226 | 36,947
Operating income | 18,973 | 17,122 | 53,584 | 51,259
Income from unconsolidated joint ventures | (674) |  | (1,543) |
Gain on sale of real estate, net |  |  |  | 1,140
Net income | 19,647 | 17,122 | 55,127 | 52,399
Income allocated to participating securities | (121) | (123) | (370) | (343)
Preferred stock dividends | (818) | (818) | (2,454) | (2,454)
Net income available to common stockholders | $ 18,708 | $ 16,181 | $ 52,303 | $ 49,602
Earnings per common share |  |  |  |
Basic (in dollars per share) | $ 0.53 | $ 0.47 | $ 1.48 | $ 1.43
Diluted (in dollars per share) | $ 0.52 | $ 0.46 | $ 1.47 | $ 1.42
Weighted average shares used to calculate earnings per common share |  |  |  |
Basic (in shares) | 35,341 | 34,605 | 35,306 | 34,596
Diluted (in shares) | 37,352 | 36,629 | 37,319 | 36,620
Dividends declared and paid per common share (in dollars per share) | $ 0.51 | $ 0.51 | $ 1.53 | $ 1.53

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