XML 26 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES    
Rental revenues and tenant expense reimbursements $ 45,116 $ 40,880
Total revenues 45,116 40,880
COSTS AND EXPENSES    
Property operating expenses 11,908 10,693
Depreciation and amortization 11,100 10,415
General and administrative 5,758 5,963
Acquisition costs 52 0
Total costs and expenses 28,818 27,071
OTHER INCOME (EXPENSE)    
Interest and other income 564 1,522
Interest expense, including amortization (4,006) (4,264)
Gain on sales of real estate investments 0 4,465
Total other income (expense) (3,442) 1,723
Net income 12,856 15,532
Allocation to participating securities (83) (98)
Net income available to common stockholders $ 12,773 $ 15,434
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:    
Net income available to common stockholders - basic (in dollars per share) $ 0.19 $ 0.25
Net income available to common stockholders - diluted (in dollars per share) $ 0.19 $ 0.25
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 67,062,582 61,456,965
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 67,469,721 61,604,250