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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Base rents $ 210,564 $ 183,330 $ 148,622
Recoveries from tenants 58,818 51,454 40,562
Other income 3,878 2,405 3,515
Total revenues 273,260 237,189 192,699
Operating expenses      
Property operating 39,151 32,201 28,475
Property taxes 29,663 25,058 19,690
Depreciation and amortization 96,256 88,359 70,957
General and administrative expenses 14,103 13,120 12,650
Acquisition transaction costs 4 824 965
Other expense 418 456 627
Total operating expenses 179,595 160,018 133,364
Operating income 93,665 77,171 59,335
Non-operating expenses      
Interest expense and other finance expenses (50,977) (40,741) (34,243)
Net income 42,688 36,430 25,092
Net income attributable to non-controlling interests (4,211) (3,676) (1,228)
Net Income Attributable to Retail Opportunity Investments Corp. $ 38,477 $ 32,754 $ 23,864
Earnings per share/unit - basic and diluted (in usd per share) $ 0.35 $ 0.31 $ 0.25
Dividends per common share or unit (in usd per share) $ 0.75 $ 0.72 $ 0.68
Comprehensive income:      
Net income $ 42,688 $ 36,430 $ 25,092
Unrealized swap derivative gain arising during the period 3,665 541 0
Reclassification adjustment for amortization of interest expense included in net income 1,920 2,473 2,139
Other comprehensive income 5,585 3,014 2,139
Comprehensive income 48,273 39,444 27,231
Comprehensive income attributable to non-controlling interests (4,211) (3,676) (1,228)
Comprehensive income attributable to Retail Opportunity Investments Corp 44,062 35,768 26,003
Retail Opportunity Investments Partnership L.P.      
Revenues      
Base rents 210,564 183,330 148,622
Recoveries from tenants 58,818 51,454 40,562
Other income 3,878 2,405 3,515
Total revenues 273,260 237,189 192,699
Operating expenses      
Property operating 39,151 32,201 28,475
Property taxes 29,663 25,058 19,690
Depreciation and amortization 96,256 88,359 70,957
General and administrative expenses 14,103 13,120 12,650
Acquisition transaction costs 4 824 965
Other expense 418 456 627
Total operating expenses 179,595 160,018 133,364
Operating income 93,665 77,171 59,335
Non-operating expenses      
Interest expense and other finance expenses (50,977) (40,741) (34,243)
Net income $ 42,688 $ 36,430 $ 25,092
Earnings per share/unit - basic and diluted (in usd per share) $ 0.35 $ 0.31 $ 0.25
Dividends per common share or unit (in usd per share) $ 0.75 $ 0.72 $ 0.68
Comprehensive income:      
Net income $ 42,688 $ 36,430 $ 25,092
Unrealized swap derivative gain arising during the period 3,665 541 0
Reclassification adjustment for amortization of interest expense included in net income 1,920 2,473 2,139
Other comprehensive income 5,585 3,014 2,139
Comprehensive income attributable to Retail Opportunity Investments Corp $ 48,273 $ 39,444 $ 27,231