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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Rental (including tenant reimbursements) $ 74,914 $ 75,529
Other 540 538
Total revenues 75,454 76,067
Expenses:    
Property expenses 6,709 5,623
General and administrative expense 9,562 10,373
Depreciation and amortization expense 17,150 16,714
Total expenses 33,421 32,710
Income from operations 42,033 43,357
Interest income 1,784 2,233
Interest expense (4,389) (4,520)
Gain (loss) on exchange of Exchangeable Senior Notes   22
Net income 39,428 41,092
Preferred stock dividends (338) (338)
Net income attributable to common stockholders $ 39,090 $ 40,754
Net income attributable to common stockholders per share (Note 8):    
Basic (in dollars per share) $ 1.37 $ 1.45
Diluted (in dollars per share) $ 1.36 $ 1.43
Weighted-average shares outstanding:    
Basic (in shares) 28,145,017 27,949,747
Diluted (in shares) 28,461,986 28,223,698