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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUES        
Rental revenues and tenant expense reimbursements $ 65,369 $ 53,295 $ 129,404 $ 103,986
Total revenues 65,369 53,295 129,404 103,986
COSTS AND EXPENSES        
Property operating expenses 15,804 13,171 32,680 26,683
Depreciation and amortization 15,288 11,968 30,270 23,344
General and administrative 7,333 6,866 14,860 12,448
Acquisition costs and other 1,027 117 1,055 172
Total costs and expenses 39,452 32,122 78,865 62,647
OTHER INCOME (EXPENSE)        
Interest and other income 115 221 236 457
Interest expense, including amortization (5,047) (4,016) (10,128) (8,161)
Gain on sales of real estate investments 76,048 0 76,048 0
Total other income (expense) 71,116 (3,795) 66,156 (7,704)
Net income 97,033 17,378 116,695 33,635
Allocation to participating securities (382) (53) (467) (104)
Net income available to common stockholders $ 96,651 $ 17,325 $ 116,228 $ 33,531
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:        
Net income available to common stockholders - basic (in dollars per share) $ 1.28 $ 0.25 $ 1.55 $ 0.49
Net income available to common stockholders - diluted (in dollars per share) $ 1.28 $ 0.25 $ 1.54 $ 0.48
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 75,250,655 69,580,253 75,225,233 69,094,360
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 75,340,872 69,808,430 75,310,343 69,317,407