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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Base rents $ 51,479 $ 43,848
Recoveries from tenants 13,668 11,860
Other income 753 386
Total revenues 65,900 56,094
Operating expenses    
Property operating 9,300 7,498
Property taxes 7,068 5,655
Depreciation and amortization 23,058 20,933
General and administrative expenses 3,499 3,319
Acquisition transaction costs 0 136
Other expense 49 154
Total operating expenses 42,974 37,695
Operating income 22,926 18,399
Non-operating expenses    
Interest expense and other finance expenses (11,675) (9,474)
Net income 11,251 8,925
Net income attributable to non-controlling interests (1,081) (898)
Net Income Attributable to Retail Opportunity Investments Corp. $ 10,170 $ 8,027
Earnings per share - Basic and diluted per share/unit (in dollars per share) $ 0.09 $ 0.08
Dividends per share/unit (in dollars per share) $ 0.1875 $ 0.18
Comprehensive income:    
Net income $ 11,251 $ 8,925
Other comprehensive income    
Unrealized swap derivative gain (loss) arising during the period 161 (297)
Reclassification adjustment for amortization of interest expense included in net income 555 593
Other comprehensive income 716 296
Comprehensive income 11,967 9,221
Comprehensive income attributable to non-controlling interests (1,081) (898)
Comprehensive income attributable to Retail Opportunity Investments Corp. 10,886 8,323
Retail Opportunity Investments Partnership L.P.    
Revenues    
Base rents 51,479 43,848
Recoveries from tenants 13,668 11,860
Other income 753 386
Total revenues 65,900 56,094
Operating expenses    
Property operating 9,300 7,498
Property taxes 7,068 5,655
Depreciation and amortization 23,058 20,933
General and administrative expenses 3,499 3,319
Acquisition transaction costs 0 136
Other expense 49 154
Total operating expenses 42,974 37,695
Operating income 22,926 18,399
Non-operating expenses    
Interest expense and other finance expenses (11,675) (9,474)
Net income $ 11,251 $ 8,925
Earnings per share - Basic and diluted per share/unit (in dollars per share) $ 0.09 $ 0.08
Dividends per share/unit (in dollars per share) $ 0.1875 $ 0.18
Comprehensive income:    
Net income $ 11,251 $ 8,925
Other comprehensive income    
Unrealized swap derivative gain (loss) arising during the period 161 (297)
Reclassification adjustment for amortization of interest expense included in net income 555 593
Other comprehensive income 716 296
Comprehensive income $ 11,967 $ 9,221