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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Base rents $ 55,377 $ 51,479
Recoveries from tenants 16,161 13,668
Other income 2,857 753
Total revenues 74,395 65,900
Operating expenses    
Property operating 10,478 9,300
Property taxes 7,819 7,068
Depreciation and amortization 25,217 23,058
General and administrative expenses 3,531 3,499
Other expense 69 49
Total operating expenses 47,114 42,974
Operating income 27,281 22,926
Non-operating expenses    
Interest expense and other finance expenses (15,457) (11,675)
Net income 11,824 11,251
Net income attributable to non-controlling interests (1,122) (1,081)
Net Income Attributable to Retail Opportunity Investments Corp. $ 10,702 $ 10,170
Earnings per share/unit - Basic and diluted (in dollars per share) $ 0.09 $ 0.09
Dividends per share/unit (in dollars per share) $ 0.1950 $ 0.1875
Comprehensive income:    
Net income $ 11,824 $ 11,251
Other comprehensive income:    
Unrealized swap derivative gain arising during the period 3,390 161
Reclassification adjustment for amortization of interest expense included in net income 418 555
Other comprehensive income 3,808 716
Comprehensive income 15,632 11,967
Comprehensive income attributable to non-controlling interests (1,122) (1,081)
Comprehensive income 14,510 10,886
Retail Opportunity Investments Partnership L.P.    
Revenues    
Base rents 55,377 51,479
Recoveries from tenants 16,161 13,668
Other income 2,857 753
Total revenues 74,395 65,900
Operating expenses    
Property operating 10,478 9,300
Property taxes 7,819 7,068
Depreciation and amortization 25,217 23,058
General and administrative expenses 3,531 3,499
Other expense 69 49
Total operating expenses 47,114 42,974
Operating income 27,281 22,926
Non-operating expenses    
Interest expense and other finance expenses (15,457) (11,675)
Net income $ 11,824 $ 11,251
Earnings per share/unit - Basic and diluted (in dollars per share) $ 0.09 $ 0.09
Dividends per share/unit (in dollars per share) $ 0.1950 $ 0.1875
Comprehensive income:    
Net income $ 11,824 $ 11,251
Other comprehensive income:    
Unrealized swap derivative gain arising during the period 3,390 161
Reclassification adjustment for amortization of interest expense included in net income 418 555
Other comprehensive income 3,808 716
Comprehensive income $ 15,632 $ 11,967