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Federal Income Tax Reporting (Tables) | 12 Months Ended
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Dec. 31, 2018
Federal Income Tax Reporting |
Schedule of income tax expense reflected in the condensed consolidated statements of income |
|  | For the Year Ended December 31, |
(Dollars in thousands) |  | 2018 |  | 2017 |  | 2016 |
Revised Texas franchise tax |  | $ | 319 |  | $ | 355 |  | $ | 352 |
Other Taxes |  |  | 41 |  |  | 45 |  |  | 66 |
Taxes on income |  | $ | 360 |  | $ | 400 |  | $ | 418 |
Schedule of reconciliation of book net income to taxable income |
|  | For the year ended December 31, |
(in thousands) |  | 2018 |  | 2017 |  | 2016 |
Net income (loss) per books |  | $ | 13,069 |  | $ | (15,944) |  | $ | 8,378 |
Adjustments to book income (loss): |  |  |  |  |  |  |  |  |  |
Book depreciation and amortization |  |  | 93,675 |  |  | 100,227 |  |  | 92,557 |
Tax depreciation and amortization |  |  | (62,657) |  |  | (62,653) |  |  | (59,171) |
Tax basis more than book basis on assets sold |  |  | — |  |  | (907) |  |  | (576) |
Straight line rent adjustment, net |  |  | (1,350) |  |  | (2,977) |  |  | (2,976) |
Deferred rent, net |  |  | 210 |  |  | 1,226 |  |  | 2 |
Non-taxable distributions |  |  | (710) |  |  | (1,289) |  |  | (970) |
Other, net |  |  | (6,651) |  |  | 6,582 |  |  | (1,648) |
Taxable income |  |  | 35,586 |  |  | 24,265 |  |  | 35,596 |
Less: Capital gains recognized |  |  | — |  |  | — |  |  | — |
Taxable income subject to distribution requirement |  | $ | 35,586 |  | $ | 24,265 |  | $ | 35,596 |
Summary of tax components of Company's common distribution paid per share |
|  | 2018 |  | 2017 |  | 2016 |
|  | Per Share |  | % |  | Per Share |  | % |  | Per Share |  | % |
Ordinary income |  | $ | 0.35 |  | 76.39 | % | $ | 0.24 |  | 31.74 | % | $ | 0.39 |  | 50.82 | %
Capital gain |  |  | — |  | — | % |  | — |  | — | % |  | — |  | — | %
Return of capital |  |  | 0.11 |  | 23.61 | % |  | 0.52 |  | 68.26 | % |  | 0.37 |  | 49.18 | %
Total |  | $ | 0.46 |  | 100 | % | $ | 0.76 |  | 100 | % | $ | 0.76 |  | 100 | %

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- Definition Tabular disclosure of income tax classification of the per share common stock dividend distributions into ordinary taxable distribution, long-term capital gain and return of capital. + References No definition available. + Details
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- Definition Tabular disclosure of reconciliation of book net income to taxable income. + References No definition available. + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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