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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES      
Rental revenues and tenant expense reimbursements $ 276,212 $ 221,930 $ 186,884
Total revenues 276,212 221,930 186,884
COSTS AND EXPENSES      
Property operating expenses 68,903 56,248 49,096
Depreciation and amortization 65,763 50,687 45,875
General and administrative 31,192 26,964 23,489
Acquisition costs and other 1,465 172 271
Total costs and expenses 167,323 134,071 118,731
OTHER INCOME (EXPENSE)      
Interest and other income 809 822 873
Interest expense, including amortization (23,850) (18,054) (15,997)
Gain on sales of real estate investments 112,166 16,627 26,766
Total other income (expense) 89,125 (605) 11,642
Net income 198,014 87,254 79,795
Allocation to participating securities (854) (311) (400)
Net income available to common stockholders $ 197,160 $ 86,943 $ 79,395
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:      
Net income available to common stockholders - basic (in dollars per share) $ 2.61 $ 1.23 $ 1.17
Net income available to common stockholders - diluted (in dollars per share) $ 2.61 $ 1.23 $ 1.16
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 75,498,107 70,534,202 67,762,927
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 75,586,480 70,793,670 68,170,066