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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Rental revenues and tenant expense reimbursements $ 110,420 $ 85,030
Total revenues 110,420 85,030
COSTS AND EXPENSES    
Property operating expenses 28,767 20,890
Depreciation and amortization 26,929 20,939
General and administrative 11,734 10,510
Acquisition costs and other 2 0
Total costs and expenses 67,432 52,339
OTHER INCOME (EXPENSE)    
Interest and other income 1,223 2,893
Interest expense, including amortization (7,927) (5,240)
Gain on sales of real estate investments 11,842 5,715
Total other income 5,138 3,368
Net income 48,126 36,059
Allocation to participating securities (208) (154)
Net income available to common stockholders - basic 47,918 35,905
Net income available to common stockholders - diluted $ 47,918 $ 35,905
EARNINGS PER COMMON SHARE - BASIC AND DILUTED:    
Net income available to common stockholders - basic (in dollars per share) $ 0.48 $ 0.40
Net income available to common stockholders - diluted (in dollars per share) $ 0.47 $ 0.40
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 100,767,821 88,873,871
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares) 101,046,910 89,436,149