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Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUES        
Rental revenues $ 25,710 $ 20,515 $ 50,177 $ 40,513
Tenant expense reimbursements 7,068 5,302 14,042 10,961
Total revenues 32,778 25,817 64,219 51,474
COSTS AND EXPENSES        
Property operating expenses 8,452 7,102 16,999 14,856
Depreciation and amortization 9,076 8,080 18,260 16,342
General and administrative 6,030 4,298 10,209 7,738
Acquisition costs 10 484 11 1,443
Total costs and expenses 23,568 19,964 45,479 40,379
OTHER INCOME (EXPENSE)        
Interest and other income 23 6 58 19
Interest expense, including amortization (3,806) (3,076) (7,572) (6,146)
Gain on sales of real estate investments 10,100   10,100 5,248
Total other income and expenses 6,317 (3,070) 2,586 (879)
Net income 15,527 2,783 21,326 10,216
Preferred stock dividends (891) (891) (1,783) (1,783)
Net income, net of preferred stock dividends 14,636 1,892 19,543 8,433
Allocation to participating securities (107) (15) (141) (72)
Net income available to common stockholders, net of preferred stock dividends $ 14,529 $ 1,877 $ 19,402 $ 8,361
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:        
Net income available to common stockholders, net of preferred stock dividends $ 0.29 $ 0.04 $ 0.40 $ 0.19
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 50,325,668 43,839,910 48,992,899 43,417,508