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Consolidated Statements of Operations and Comprehensive Income
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
$ / shares
shares
Revenues:  
Rental income $ 29,009
Hotel revenue 4,329
Operating expense reimbursement and other revenue 3,371
Total revenue 36,709
Operating expenses:  
Property operating 10,366
Hotel operating 6,254
Operating fees incurred from the Former Advisor 3,074
Acquisition and transaction related 349
General and administrative (3,344)
Depreciation and amortization 17,225
Total operating expenses 33,924
Operating income 2,785
Other income (expenses):  
Interest expense (9,726)
Income from unconsolidated joint venture 1,088
Income from preferred equity investment, investment securities and interest 18
Gain on sale of real estate investments, net 6,505
Loss on derivative instruments (251)
Total other expenses (2,366)
Net income 419
Net loss attributable to non-controlling interests 68
Net income attributable to stockholders 487
Other comprehensive loss:  
Unrealized loss on derivatives (879)
Unrealized gain on investment securities 0
Total other comprehensive loss (879)
Comprehensive loss attributable to stockholders $ (392)
Basic weighted average common shares outstanding | shares 163,872,612
Basic net income per share attributable to stockholders | $ / shares $ 0
Diluted weighted average common shares outstanding | shares 167,926,110
Diluted net income per share attributable to stockholders | $ / shares $ 0
Dividends declared per common share | $ / shares $ 0.12