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v2.4.0.8

Condensed Consolidated Statements of Income (Loss) (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013
Revenue: |  |  |  |
Rental | $ 59,728 | $ 56,760 | $ 182,319 | $ 145,618
Related party revenue: |  |  |  |
Management fees and interest income from loans | 1,462 | 1,665 | 4,776 | 4,929
Other |  | 21 | 99 | 64
Total revenue | 61,190 | 58,446 | 187,194 | 150,611
Expenses: |  |  |  |
Real estate operating expenses | 15,632 | 13,991 | 45,698 | 35,877
Real estate taxes and insurance | 8,555 | 8,801 | 27,569 | 22,704
Depreciation and amortization | 24,878 | 22,163 | 72,741 | 54,863
Selling, general and administrative | 3,071 | 3,477 | 9,491 | 9,213
Interest | 6,883 | 5,474 | 20,950 | 13,856
Total expenses | 59,019 | 53,906 | 176,449 | 136,513
Income before interest income, equity in losses of non-consolidated REITs and taxes | 2,171 | 4,540 | 10,745 | 14,098
Interest income |  | 5 | 2 | 10
Equity in losses of non-consolidated REITs | (455) | (431) | (1,491) | (814)
Income before taxes on income | 1,716 | 4,114 | 9,256 | 13,294
Taxes on income | 149 | 118 | 403 | 352
Income from continuing operations | 1,567 | 3,996 | 8,853 | 12,942
Discontinued operations: |  |  |  |
Income from discontinued operations, net of income tax |  | 98 |  | 294
Total discontinued operations |  | 98 |  | 294
Net income | $ 1,567 | $ 4,094 | $ 8,853 | $ 13,236
Weighted average number of shares outstanding, basic and diluted (in shares) | 100,187 | 100,187 | 100,187 | 91,720
Earnings per share, basic and diluted, attributable to: |  |  |  |
Continuing operations (in dollars per share) | $ 0.02 | $ 0.04 | $ 0.09 | $ 0.14
Net income per share, basic and diluted (in dollars per share) | $ 0.02 | $ 0.04 | $ 0.09 | $ 0.14

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- Definition Other real estate revenue not otherwise specified in the taxonomy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(e)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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