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PRO FORMA FINANCIAL INFORMATION
6 Months Ended
Jun. 30, 2012
PRO FORMA FINANCIAL INFORMATION [Abstract]  
Pro Forma Financial Information
PRO FORMA FINANCIAL INFORMATION

The following table summarizes, on an unaudited pro forma basis, the combined results of operations of the Company for the three and six months ended June 30, 2012 and 2011. The Company acquired six properties and originated two loans receivable during the six months ended June 30, 2012. The following unaudited pro forma information for the three and six months ended June 30, 2012 and 2011 has been prepared to give effect to these transactions and the eleven acquisitions that occurred during the year ended December 31, 2011, as well as the offering of 11.7 million shares of common stock that closed in August 2011, as if they had occurred on January 1, 2011. This pro forma information does not purport to represent what the actual results of operations of the Company would have been had these acquisitions occurred on this date, nor does it purport to predict the results of operations for future periods (in thousands, except share and per share amounts):
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2012
 
2011
 
2012
 
2011
 
 
 
 
 
 
 
 
 
Revenues
 
$
25,847

 
$
25,550

 
$
51,704

 
$
50,963

Depreciation and amortization
 
7,662

 
7,889

 
15,335

 
15,813

Net income
 
6,653

 
6,853

 
12,840

 
13,502

Net income per common share, basic
 
0.18

 
0.19

 
0.35

 
0.37

Net income per common share, diluted
 
0.18

 
0.19

 
0.35

 
0.37

Weighted-average number of common shares outstanding, basic
 
37,147,942

 
36,884,284

 
37,092,683

 
36,870,784

Weighted-average number of common shares outstanding, diluted
 
37,191,687

 
36,956,179

 
37,119,005

 
36,940,575