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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Rental revenue $ 21,548 $ 12,670 $ 41,623 $ 22,678
Interest income on loans and direct financing lease receivables 89 82 159 165
Other revenue 56 565 113 571
Total revenues 21,693 13,317 41,895 23,414
Expenses:        
Interest (including $2,524, $1,713, $4,603 and $1,923 to related parties during the three and six months ended June 30, 2018 and 2017, respectively) 8,634 5,160 16,911 8,875
General and administrative 2,987 2,331 6,343 4,275
Property expenses 380 479 727 689
Depreciation and amortization 7,611 4,305 14,079 8,087
Provision for impairment of real estate 907 428 2,756 579
Total expenses 20,519 12,703 40,816 22,505
Income before income tax expense 1,174 614 1,079 909
Income tax expense 87 35 117 42
Income before gain on dispositions of real estate 1,087 579 962 867
Gain on dispositions of real estate, net 2,412 1,468 3,645 1,762
Net income 3,499 2,047 4,607 2,629
Net income attributable to non-controlling interests (99)   (99)  
Net income attributable to stockholders and members 3,400 2,047 4,508 2,629
Comprehensive income attributable to stockholders and members $ 3,400 $ 2,047 $ 4,508 $ 2,629
Basic weighted-average shares outstanding 40,976,901   40,976,901  
Basic net income per share $ 0.01   $ 0.01  
Diluted weighted-average shares outstanding 60,033,453   60,033,453  
Diluted net income per share $ 0.01   $ 0.01