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Consolidated Statements Of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Rental income $ 52,670,000 $ 41,353,000 $ 105,165,000 $ 81,666,000
Interest income from mortgage and other notes 2,521,000 1,748,000 4,642,000 3,504,000
Investment income and other 1,122,000 1,059,000 2,257,000 2,126,000
Revenues 56,313,000 44,160,000 112,064,000 87,296,000
Expenses:        
Depreciation 13,004,000 9,540,000 26,017,000 18,777,000
Interest, including amortization of debt discount and issuance costs 9,287,000 6,829,000 17,699,000 13,715,000
Legal 75,000 10,000 179,000 83,000
Franchise, excise and other taxes 104,000 406,000 238,000 712,000
General and administrative 2,514,000 1,850,000 6,358,000 4,785,000
Loan recovery (491,000) 0 (491,000) 0
Total operating expenses 24,493,000 18,635,000 50,000,000 38,072,000
Income before equity-method investee, discontinued operations and noncontrolling interest 31,820,000 25,525,000 62,064,000 49,224,000
Income from equity-method investee (283,000) 52,000 (513,000) 210,000
Net income 31,537,000 25,577,000 61,551,000 49,434,000
Less: net income attributable to noncontrolling interest (355,000) (283,000) (685,000) (606,000)
Net income attributable to common stockholders $ 31,182,000 $ 25,294,000 $ 60,866,000 $ 48,828,000
Weighted average common shares outstanding:        
Basic 37,566,221 33,052,750 37,562,144 33,052,083
Diluted 37,607,117 33,087,283 37,626,192 33,086,258
Basic:        
Net income per common share attributable to common stockholders $ 0.83 $ 0.77 $ 1.62 $ 1.48
Diluted:        
Net income per common share attributable to common stockholders $ 0.83 $ 0.76 $ 1.62 $ 1.48