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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Rental income $ 33,753 $ 28,531 $ 98,705 $ 82,325
Interest income from mortgage loans 6,958 6,117 20,347 15,777
Interest and other income 131 295 390 708
Total revenues 40,842 34,943 119,442 98,810
Expenses:        
Interest expense 6,836 4,296 19,586 11,916
Depreciation and amortization 9,155 7,365 26,623 21,121
Provision for doubtful accounts 43 31 245 463
Acquisition costs 2 570 96 632
General and administrative expenses 4,464 3,708 12,864 11,094
Total expenses 20,500 15,970 59,414 45,226
Operating income 20,342 18,973 60,028 53,584
Income from unconsolidated joint ventures 289 674 839 1,543
Gain on sale of real estate, net 1,780   3,582  
Net income 22,411 19,647 64,449 55,127
Income allocated to participating securities (90) (121) (296) (370)
Income allocated to preferred stockholders   (818)   (2,454)
Net income available to common stockholders $ 22,321 $ 18,708 $ 64,153 $ 52,303
Earnings per common share        
Basic (in dollars per share) $ 0.57 $ 0.53 $ 1.68 $ 1.48
Diluted (in dollars per share) $ 0.57 $ 0.52 $ 1.68 $ 1.47
Weighted average shares used to calculate earnings per common share        
Basic (in shares) 39,057 35,341 38,161 35,306
Diluted (in shares) 39,335 37,352 38,455 37,319
Dividends per share declared (in dollars per share) $ 0.54 $ 0.51 $ 1.62 $ 1.53
Dividends paid per common share (in dollars per share) $ 0.54 $ 0.51 $ 1.62 $ 1.53