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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Base rents $ 223,797 $ 210,564 $ 183,330
Recoveries from tenants 65,804 58,818 51,454
Other income 6,197 3,878 2,405
Total revenues 295,798 273,260 237,189
Operating expenses      
Property operating 43,851 39,151 32,201
Property taxes 32,349 29,663 25,058
Depreciation and amortization 100,838 96,256 88,359
General and administrative expenses 14,918 14,103 13,120
Acquisition transaction costs 0 4 824
Other expense 478 418 456
Total operating expenses 192,434 179,595 160,018
Gain on sale of real estate 5,890 0 0
Operating income 109,254 93,665 77,171
Non-operating expenses      
Interest expense and other finance expenses (62,113) (50,977) (40,741)
Net income 47,141 42,688 36,430
Net income attributable to non-controlling interests (4,405) (4,211) (3,676)
Net Income Attributable to Retail Opportunity Investments Corp. $ 42,736 $ 38,477 $ 32,754
Earnings per share/unit - basic and diluted (in usd per share) $ 0.38 $ 0.35 $ 0.31
Dividends per share (in dollars per share) $ 0.78 $ 0.75 $ 0.72
Comprehensive income:      
Net income $ 47,141 $ 42,688 $ 36,430
Unrealized swap derivative gain arising during the period 1,648 3,665 541
Reclassification adjustment for amortization of interest expense included in net income 57 1,920 2,473
Other comprehensive income 1,705 5,585 3,014
Comprehensive income 48,846 48,273 39,444
Comprehensive income attributable to non-controlling interests (4,405) (4,211) (3,676)
Comprehensive income attributable to Retail Opportunity Investments Corp. 44,441 44,062 35,768
Retail Opportunity Investments Partnership L.P.      
Revenues      
Base rents 223,797 210,564 183,330
Recoveries from tenants 65,804 58,818 51,454
Other income 6,197 3,878 2,405
Total revenues 295,798 273,260 237,189
Operating expenses      
Property operating 43,851 39,151 32,201
Property taxes 32,349 29,663 25,058
Depreciation and amortization 100,838 96,256 88,359
General and administrative expenses 14,918 14,103 13,120
Acquisition transaction costs 0 4 824
Other expense 478 418 456
Total operating expenses 192,434 179,595 160,018
Gain on sale of real estate 5,890 0 0
Operating income 109,254 93,665 77,171
Non-operating expenses      
Interest expense and other finance expenses (62,113) (50,977) (40,741)
Net income $ 47,141 $ 42,688 $ 36,430
Earnings per share/unit - basic and diluted (in usd per share) $ 0.38 $ 0.35 $ 0.31
Dividends per share (in dollars per share) $ 0.78 $ 0.75 $ 0.72
Comprehensive income:      
Net income $ 47,141 $ 42,688 $ 36,430
Unrealized swap derivative gain arising during the period 1,648 3,665 541
Reclassification adjustment for amortization of interest expense included in net income 57 1,920 2,473
Other comprehensive income 1,705 5,585 3,014
Comprehensive income $ 48,846 $ 48,273 $ 39,444