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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Rental revenue $ 48,542 $ 46,881 $ 143,151 $ 136,081
Expenses:        
Rental expenses 5,005 4,590 14,728 13,219
General and administrative expenses 4,828 4,760 16,478 16,766
Depreciation and amortization 18,097 18,641 55,452 54,443
Impairment losses 0 0 6,708 7,387
Total operating expenses 27,930 27,991 93,366 91,815
Gain on real estate dispositions 1 0 22 460
Interest and other expenses, net 5,630 5,498 16,769 17,942
Net income attributable to common stockholders 14,983 13,392 33,038 26,784
Other comprehensive income - unrealized gain on interest rate swaps, net 2,315 16,345 1,433 34,457
Comprehensive income attributable to common stockholders $ 17,298 $ 29,737 $ 34,471 $ 61,241
Weighted average number of common shares outstanding:        
Basic (in shares) 227,436,306 225,638,485 226,995,005 225,052,921
Diluted (in shares) 229,282,662 226,957,015 228,843,909 226,399,118
Net income per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.07 $ 0.06 $ 0.15 $ 0.12
Diluted (in dollars per share) 0.06 0.06 0.14 0.12
Distributions declared per common share (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30