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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
Rental income $ 22,010 $ 21,608
Property expense recovery 4,779 4,364
Total revenue 26,789 25,972
Expenses:    
Property operating 2,053 1,673
Property tax 2,459 2,412
Asset management fees to affiliates 0 2,746
Property management fees to affiliates 459 426
Advisory fees to affiliates 2,301 0
Performance distribution allocation to affiliates 2,061 0
General and administrative 760 922
Corporate operating expenses to affiliates 678 591
Depreciation and amortization 10,998 10,523
Total expenses 21,769 19,293
Income before other income (expenses) 5,020 6,679
Other income (expense):    
Interest expense (4,271) (3,579)
Other income, net 55 24
Net income 804 3,124
Net (income) attributable to noncontrolling interests (1) (1)
Net income attributable to common stockholders $ 803 $ 3,123
Net income (loss) attributable to common stockholders, basic and diluted (usd per share) $ 0.01 $ 0.04
Weighted average number of common shares outstanding, basic and diluted (shares) 77,258,928 74,460,141
Dividends declared per common share (usd per share) $ 0.14 $ 0.14