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Condensed Consolidated Statements Of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Rental and parking revenue $ 54,249 $ 47,120 $ 106,539 $ 94,014
Tenant reimbursement revenue 4,774 5,596 9,095 10,085
Real estate-related notes receivable interest income 15 216 31 355
Total revenue 59,038 52,932 115,665 104,454
Expenses:        
Rental and parking expenses 7,373 7,099 14,012 14,683
General and administrative expenses 1,587 1,451 3,168 2,860
Change in fair value of contingent consideration 125 150 245 300
Acquisition related expenses 1,640 509 1,640 3,654
Asset management fees 4,877 4,533 9,664 8,566
Depreciation and amortization 17,349 16,445 34,348 32,228
Total expenses 32,951 30,187 63,077 62,291
Income from operations 26,087 22,745 52,588 42,163
Other income (expense):        
Other interest and dividend income 2,706 2,603 5,411 3,119
Interest expense, net (9,213) (7,004) (19,827) (13,310)
Provision for loan losses (1,666) 0 (1,666) 0
Total other expense (8,173) (4,401) (16,082) (10,191)
Net income 17,914 18,344 36,506 31,972
Net income attributable to noncontrolling interests in consolidated partnerships (1,061) (1,580) (1,989) (3,194)
Net income attributable to common stockholders 16,853 16,764 34,517 28,778
Other comprehensive (loss) income:        
Unrealized (loss) income on interest rate swaps, net (2,606) 1,284 (6,469) (928)
Other comprehensive (loss) income (2,606) 1,284 (6,469) (928)
Other comprehensive loss (income) attributable to noncontrolling interests in consolidated partnerships 0 (148) 0 92
Other comprehensive (loss) income attributable to common stockholders (2,606) 1,136 (6,469) (836)
Comprehensive income 15,308 19,628 30,037 31,044
Comprehensive income attributable to noncontrolling interests in consolidated partnerships (1,061) (1,728) (1,989) (3,102)
Comprehensive income attributable to common stockholders $ 14,247 $ 17,900 $ 28,048 $ 27,942
Weighted average number of common shares outstanding:        
Basic (in shares) 182,743,182 177,731,803 182,372,560 176,928,923
Diluted (in shares) 182,762,094 177,746,071 182,392,594 176,944,475
Net income per common share attributable to common stockholders:        
Basic (in dollars per share) $ 0.09 $ 0.09 $ 0.19 $ 0.16
Diluted (in dollars per share) 0.09 0.09 0.19 0.16
Distributions declared per common share (in dollars per share) $ 0.17 $ 0.17 $ 0.35 $ 0.34