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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES      
Rental revenues and tenant expense reimbursements $ 186,884 $ 171,022 $ 151,657
Total revenues 186,884 171,022 151,657
COSTS AND EXPENSES      
Property operating expenses 49,096 44,201  
Property operating expenses     39,988
Depreciation and amortization 45,875 44,015 40,816
General and administrative 23,489 23,924 21,503
Acquisition costs 271 45 124
Total costs and expenses 118,731 112,185 102,431
OTHER INCOME (EXPENSE)      
Interest and other income 873 3,815 3,664
Interest expense, including amortization (15,997) (16,338) (18,211)
Loss on extinguishment of debt 0 (189) 0
Gain on sales of real estate investments 26,766 9,391 28,610
Total other income (expense) 11,642 (3,321) 14,063
Net income 79,795 55,516 63,289
Allocation to participating securities (400) (351) (401)
Net income available to common stockholders, net of redemption of preferred stock and preferred stock dividends $ 79,395 $ 55,165 $ 62,888
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) $ 1.17 $ 0.86 $ 1.09
Net income available to common stockholders - diluted, net of redemption of preferred stock and preferred stock dividends (in dollars per share) $ 1.16 $ 0.85 $ 1.09
Basic Weighted Average Common Shares Outstanding (in shares) 67,762,927 64,428,406 57,486,399
Diluted Weighted Average Common Shares Outstanding (in shares) 68,170,066 64,722,976 57,486,399