XML 18 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Total revenues $ 268,870 $ 272,588 $ 249,888
Expenses:      
Real estate operating expenses 70,703 71,212 65,335
Real estate taxes and insurance 45,857 45,841 40,140
Depreciation and amortization 94,230 101,258 93,052
General and administrative 13,070 13,471 14,126
Interest 38,374 32,387 26,548
Total expenses 262,234 264,169 239,201
Income before equity in income (loss) of non-consolidated REITs, other, gain (loss) on sale of properties and properties held for sale and taxes 6,636 8,419 10,687
Equity in income (loss) of non-consolidated REITs 6,793 (3,604) (831)
Other   (1,878) 1,878
Gain (loss) on sale of properties and properties held for sale   (18,481) (2,938)
Income (loss) before taxes on income 13,429 (15,544) 8,796
Taxes on income 360 400 418
Net income (loss) $ 13,069 $ (15,944) $ 8,378
Weighted average number of shares outstanding, basic and diluted (in shares) 107,231,000 107,231,000 102,843,000
Net income (loss) per share, basic and diluted $ 0.12 $ (0.15) $ 0.08
Rental      
Revenues:      
Total revenues $ 263,777 $ 267,265 $ 244,349
Related party revenue, Management fees and interest income from loans      
Revenues:      
Total revenues 5,061 5,285 5,465
Other      
Revenues:      
Total revenues $ 32 $ 38 $ 74