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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Rental (including tenant reimbursements) $ 34,327 $ 11,555 $ 79,803 $ 26,995
Total revenues 34,327 11,555 79,803 26,995
Expenses:        
Property expenses 2,919 357 3,933 941
General and administrative expense 3,339 2,156 9,695 6,667
Depreciation expense 7,646 2,221 19,299 5,054
Total expenses 13,904 4,734 32,927 12,662
Income from operations 20,423 6,821 46,876 14,333
Interest and other income 653 1,537 3,086 3,702
Interest expense (1,861) (1,838) (5,565) (4,462)
Net income 19,215 6,520 44,397 13,573
Preferred stock dividend (338) (338) (1,014) (1,014)
Net income attributable to common stockholders $ 18,877 $ 6,182 $ 43,383 $ 12,559
Net income attributable to common stockholders per share (Note 8):        
Basic $ 0.87 $ 0.56 $ 2.35 $ 1.22
Diluted $ 0.86 $ 0.55 $ 2.33 $ 1.20
Weighted average shares outstanding:        
Basic 21,594,637 10,918,477 18,315,231 10,088,036
Diluted 21,708,725 11,057,697 18,429,228 10,225,574