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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Rental revenue $ 63,482 $ 58,573
Restaurant revenue 7,994 7,894
Total revenues 71,476 66,467
Operating expenses:    
General and administrative 7,639 6,213
Depreciation and amortization 14,429 13,467
Total operating expenses 32,888 30,325
Interest expense (12,731) (12,281)
Other income 392 240
Income tax expense (63) (27)
Net income 26,186 24,074
Net income attributable to noncontrolling interest (30) (30)
Net Income Available to Common Shareholders $ 26,156 $ 24,044
Basic net income per share (in usd per share) $ 0.26 $ 0.26
Diluted net income per share (in usd per share) $ 0.26 $ 0.26
Weighted average number of common shares outstanding:    
Basic (in shares) 99,708,806 91,719,475
Diluted (in shares) 100,072,018 91,929,760
Dividends declared per common share (in usd per share) $ 0.355 $ 0.345
Property    
Operating expenses:    
Expenses $ 3,265 $ 3,081
Restaurant    
Operating expenses:    
Expenses $ 7,555 $ 7,564