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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Rental income $ 25,484 $ 17,679 $ 51,102 $ 33,830
Operating expense reimbursements 7,493 4,969 15,147 9,913
Total revenues 32,977 22,648 66,249 43,743
Operating expenses:        
Asset management fees to related party 2,248 1,457 4,495 1,457
Property operating 10,308 8,004 20,665 14,722
Impairment charges 0 4,434 0 4,434
Fair value adjustment to contingent purchase price consideration 0 (13,802) 1,784 (13,802)
Acquisition and transaction related 399 3,399 462 3,979
General and administrative 1,805 1,869 4,344 4,261
Depreciation and amortization 16,259 10,679 32,351 20,458
Total operating expenses 31,019 16,040 64,101 35,509
Operating loss 1,958 6,608 2,148 8,234
Other (expense) income:        
Interest expense (3,176) (1,613) (6,347) (3,197)
Loss on disposition of land 0 0 (4) 0
Other income 4 4 10 8
Total other expense, net (3,172) (1,609) (6,341) (3,189)
Net (loss) income (1,214) 4,999 (4,193) 5,045
Other comprehensive (loss) income:        
Change in unrealized loss on derivative (48) 134 (366) (142)
Comprehensive (loss) income $ (1,262) $ 5,133 $ (4,559) $ 4,903
Basic net (loss) income per share (in usd per share) $ (0.01) $ 0.05 $ (0.04) $ 0.05
Diluted net (loss) income per share (in usd per share) $ (0.01) $ 0.05 $ (0.04) $ 0.05