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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES        
Rental revenues and tenant expense reimbursements $ 94,247 $ 79,535 $ 179,277 $ 154,186
Total revenues 94,247 79,535 179,277 154,186
COSTS AND EXPENSES        
Property operating expenses 23,772 18,586 44,662 36,967
Depreciation and amortization 23,012 18,232 43,951 36,391
General and administrative 10,543 9,766 21,053 19,086
Acquisition costs and other 36 27 36 75
Total costs and expenses 57,363 46,611 109,702 92,519
OTHER INCOME (EXPENSE)        
Interest and other income 4,332 973 7,225 2,936
Interest expense, including amortization (5,520) (5,900) (10,760) (13,275)
Gain on sales of real estate investments 0 12,257 5,715 12,257
Total other income (expense) (1,188) 7,330 2,180 1,918
Net income 35,696 40,254 71,755 63,585
Allocation to participating securities (156) (180) (310) (286)
Net income available to common stockholders - basic 35,540 40,074 71,445 63,299
Net income available to common stockholders - diluted $ 35,540 $ 40,074 $ 71,445 $ 63,299
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:        
Net income available to common stockholders - basic (in dollars per share) $ 0.37 $ 0.48 $ 0.77 $ 0.78
Net income available to common stockholders - diluted (in dollars per share) $ 0.37 $ 0.48 $ 0.77 $ 0.77
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 96,289,755 83,116,241 92,581,813 81,514,960
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 96,406,139 83,116,241 92,950,015 81,761,199