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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue:    
Rental income $ 26,400 $ 26,789
Expenses:    
Property operating 1,861 2,053
Property tax 2,426 2,459
Property management fees to affiliates 481 459
Advisory fees to affiliates 2,339 2,301
Performance distribution allocation to affiliates 1,920 2,061
Acquisition fees and expenses to non-affiliates 379 0
General and administrative 866 760
Corporate operating expenses to affiliates 829 678
Depreciation and amortization 11,029 10,998
Total expenses 22,130 21,769
Income before other income (expenses) 4,270 5,020
Other income (expense):    
Interest expense (5,918) (4,271)
Other income, net 1 55
Net (loss) income (1,647) 804
Net loss (income) attributable to noncontrolling interests 7 (1)
Net (loss) income attributable to common stockholders $ (1,640) $ 803
Net (loss) income attributable to common stockholders, basic and diluted (usd per share) $ (0.02) $ 0.01
Weighted average number of common shares outstanding, basic and diluted (shares) 77,588,872 77,258,928
Dividends declared per common share (usd per share) $ 0.14 $ 0.14