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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Rental income $ 32,228 $ 29,553 $ 64,207 $ 58,029
Tenant recovery income 11,209 10,130 23,094 20,339
Other property income 269 275 565 391
Total revenues 43,706 39,958 87,866 78,759
Expenses:        
Property operating 6,832 6,192 14,158 12,795
Real estate taxes 6,980 6,489 14,003 12,610
General and administrative 4,694 5,467 9,031 10,080
Depreciation and amortization 19,083 17,514 37,971 34,536
Total expenses 37,589 35,662 75,163 70,021
Other:        
Interest expense, net (7,566) (5,452) (15,034) (9,926)
Transaction expenses (180) 0 (496) 0
Other income (expense), net 11 (96) (45) (151)
Net loss $ (1,618) $ (1,252) $ (2,872) $ (1,339)
Earnings per common share:        
Net loss per share - basic and diluted $ (0.03) $ (0.03) $ (0.06) $ (0.03)
Weighted-average common shares outstanding:        
Basic and diluted 46,758 46,529 46,726 46,520
Comprehensive income (loss):        
Net loss $ (1,618) $ (1,252) $ (2,872) $ (1,339)
Other comprehensive income (loss):        
Change in unrealized gain (loss) on interest rate swaps 1,865 (733) 7,878 180
Comprehensive income (loss) $ 247 $ (1,985) $ 5,006 $ (1,159)