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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES        
Rental revenues and tenant expense reimbursements $ 45,742 $ 41,730 $ 90,858 $ 82,610
Total revenues 45,742 41,730 90,858 82,610
COSTS AND EXPENSES        
Property operating expenses 11,934 10,709 23,842 21,402
Depreciation and amortization 11,459 10,648 22,559 21,063
General and administrative 5,665 6,757 11,423 12,720
Acquisition costs 11 1 63 1
Total costs and expenses 29,069 28,115 57,887 55,186
OTHER INCOME (EXPENSE)        
Interest and other income 190 817 754 2,339
Interest expense, including amortization (3,909) (4,053) (7,915) (8,317)
Gain on sales of real estate investments 17,750 0 17,750 4,465
Total other income (expense) 14,031 (3,236) 10,589 (1,513)
Net income 30,704 10,379 43,560 25,911
Allocation to participating securities (194) (64) (277) (162)
Net income available to common stockholders $ 30,510 $ 10,315 $ 43,283 $ 25,749
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:        
Net income available to common stockholders - basic (in dollars per share) $ 0.45 $ 0.16 $ 0.64 $ 0.41
Net income available to common stockholders - diluted (in dollars per share) $ 0.45 $ 0.16 $ 0.64 $ 0.41
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 67,622,005 63,780,645 67,342,293 62,625,224
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 68,029,144 64,075,215 67,749,432 62,919,794