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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental income $ 46,806 $ 47,744 $ 92,813 $ 92,990
Interest and other income 747 514 1,216 1,019
Total revenues 47,553 48,258 94,029 94,009
Expenses:        
Depreciation and amortization 12,559 13,843 26,134 27,316
Interest expense 6,303 6,534 12,045 12,296
Property taxes 1,254 766 2,674 1,462
Impairment of real estate investments 1,701 0 61,384 0
Provision for loan losses, net 0 0 3,844 0
Property operating expenses 89 0 536 0
General and administrative 4,978 5,798 10,193 10,940
Total expenses 26,884 26,941 116,810 52,014
Other income (loss):        
Gain (loss) on sale of real estate 0 0 186 (192)
Net income (loss) $ 20,669 $ 21,317 $ (22,595) $ 41,803
Earnings (loss) per common share:        
Basic (in usd per share) $ 0.21 $ 0.22 $ (0.24) $ 0.43
Diluted (in usd per share) $ 0.21 $ 0.22 $ (0.24) $ 0.43
Weighted-average number of common shares:        
Basic (in shares) 96,564 96,082 96,487 95,732
Diluted (in shares) 96,598 96,120 96,487 95,755