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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Rental income $ 52,701 $ 58,913 $ 48,330
Total revenues 57,260 61,105 49,296
Expenses      
Depreciation and amortization 17,202 15,504 14,323
Property related 2,797 1,482 1,303
Real estate acquisition related 1,064 457 488
Franchise, excise and other taxes 315 141 366
Bad debt expense     216
General and administrative 13,900 11,677 10,596
Total operating expenses 35,278 29,261 27,292
Operating income 21,982 31,844 22,004
Other income (expense)      
Interest and other income 11 9 195
Interest expense (12,487) (7,701) (10,883)
Other income (expense) (12,476) (7,692) (10,688)
Net income 9,506 24,152 11,316
Less: Preferred stock dividends     (13,760)
Less: Net income attributable to noncontrolling interest (3,843) (3,730) (266)
Net income (loss) attributable to common stockholders $ 5,663 $ 20,422 $ (2,710)
Net income (loss) attributable to common stockholders per share      
Basic and diluted $ 0.17 $ 0.64 $ (0.18)
Weighted average shares outstanding      
Basic 31,597 31,447 15,838
Diluted 31,601 31,484 15,838
Dividends declared per common share $ 0.63 $ 0.84 $ 0.63
Mortgage Notes Receivable      
Revenues      
Interest income $ 4,041 $ 2,157 $ 921
Notes Receivable      
Revenues      
Interest income $ 518 $ 35 $ 45