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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Rental revenue $ 75,367 $ 71,538
Other income 686 2,857
Total revenues 76,053 74,395
Operating expenses    
Property operating 11,061 10,478
Property taxes 8,238 7,819
Depreciation and amortization 24,761 25,217
General and administrative expenses 4,276 3,531
Other expense 93 69
Total operating expenses 48,429 47,114
Gain on sale of real estate 2,638 0
Operating income 30,262 27,281
Non-operating expenses    
Interest expense and other finance expenses (15,679) (15,457)
Net income 14,583 11,824
Net income attributable to non-controlling interests (1,333) (1,122)
Net Income Attributable to Retail Opportunity Investments Corp. $ 13,250 $ 10,702
Earnings per share/unit - Basic and diluted (in dollars per share) $ 0.12 $ 0.09
Dividends per share/unit (in dollars per share) $ 0.1970 $ 0.1950
Comprehensive income:    
Net income $ 14,583 $ 11,824
Other comprehensive (loss) income:    
Unrealized swap derivative (loss) gain arising during the period (2,608) 3,390
Reclassification adjustment for amortization of interest expense included in net income (202) 418
Other comprehensive (loss) income (2,810) 3,808
Comprehensive income 11,773 15,632
Comprehensive income attributable to non-controlling interests (1,333) (1,122)
Comprehensive income attributable to Retail Opportunity Investments Corp. 10,440 14,510
Retail Opportunity Investments Partnership L.P.    
Revenues    
Rental revenue 75,367 71,538
Other income 686 2,857
Total revenues 76,053 74,395
Operating expenses    
Property operating 11,061 10,478
Property taxes 8,238 7,819
Depreciation and amortization 24,761 25,217
General and administrative expenses 4,276 3,531
Other expense 93 69
Total operating expenses 48,429 47,114
Gain on sale of real estate 2,638 0
Operating income 30,262 27,281
Non-operating expenses    
Interest expense and other finance expenses (15,679) (15,457)
Net income $ 14,583 $ 11,824
Earnings per share/unit - Basic and diluted (in dollars per share) $ 0.12 $ 0.09
Dividends per share/unit (in dollars per share) $ 0.197 $ 0.195
Comprehensive income:    
Net income $ 14,583 $ 11,824
Other comprehensive (loss) income:    
Unrealized swap derivative (loss) gain arising during the period (2,608) 3,390
Reclassification adjustment for amortization of interest expense included in net income (202) 418
Other comprehensive (loss) income (2,810) 3,808
Comprehensive income $ 11,773 $ 15,632