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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Revenues from rental properties $ 38,263 $ 36,336 $ 75,214 $ 70,986
Interest on notes and mortgages receivable 415 668 744 1,381
Total revenues 38,678 37,004 75,958 72,367
Operating expenses:        
Property costs 5,564 6,391 10,836 11,326
Impairments 756 507 1,532 1,538
Environmental 77 830 590 1,051
General and administrative 5,055 4,545 10,564 8,613
Depreciation and amortization 8,648 7,325 17,085 14,422
Total operating expenses 20,100 19,598 40,607 36,950
Gain on dispositions of real estate 259 187 7,478 1,056
Operating income 18,837 17,593 42,829 36,473
Other income, net 208 61 272 556
Interest expense (6,155) (6,681) (12,284) (13,356)
Net earnings $ 12,890 $ 10,973 $ 30,817 $ 23,673
Basic earnings per common share:        
Net earnings $ 0.28 $ 0.26 $ 0.68 $ 0.56
Diluted earnings per common share:        
Net earnings $ 0.28 $ 0.26 $ 0.68 $ 0.56
Weighted average common shares outstanding:        
Basic 44,437 41,456 44,156 41,420
Diluted 44,470 41,467 44,176 41,445