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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES      
Rental revenues and tenant expense reimbursements $ 171,022 $ 151,657 $ 132,484
Total revenues 171,022 151,657 132,484
COSTS AND EXPENSES      
Property operating expenses 44,201    
Property operating expenses   39,988 35,874
Depreciation and amortization 44,015 40,816 37,870
General and administrative 23,924 21,503 19,681
Acquisition costs 45 124 10
Total costs and expenses 112,185 102,431 93,435
OTHER INCOME (EXPENSE)      
Interest and other income 3,815 3,664 169
Interest expense, including amortization (16,338) (18,211) (16,777)
Loss on extinguishment of debt (189) 0 0
Gain on sales of real estate investments 9,391 28,610 30,654
Total other income (expense) (3,321) 14,063 14,046
Net income 55,516 63,289 53,095
Redemption of preferred stock 0 0 (1,767)
Preferred stock dividends 0 0 (1,961)
Net income, net of redemption of preferred stock and preferred stock dividends 55,516 63,289 49,367
Allocation to participating securities (351) (401) (352)
Net income available to common stockholders, net of redemption of preferred stock and preferred stock dividends $ 55,165 $ 62,888 $ 49,015
EARNINGS PER COMMON SHARE – BASIC AND DILUTED:      
Net income available to common stockholders - basic, net of redemption of preferred stock and preferred stock dividends (in dollars per share) $ 0.86 $ 1.09 $ 0.95
Net income available to common stockholders - diluted, net of redemption of preferred stock and preferred stock dividends (in dollars per share) $ 0.85 $ 1.09 $ 0.95
Basic Weighted Average Common Shares Outstanding (in shares) 64,428,406 57,486,399 51,357,719
Diluted Weighted Average Common Shares Outstanding (in shares) 64,722,976 57,486,399 51,357,719