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Consolidated Statements Of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Rental income $ 54,459,000 $ 41,669,000 $ 159,624,000 $ 123,335,000
Interest income from mortgage and other notes 2,507,000 1,754,000 7,149,000 5,258,000
Investment income and other 1,316,000 1,055,000 3,573,000 3,182,000
Revenues 58,282,000 44,478,000 170,346,000 131,775,000
Expenses:        
Depreciation 13,485,000 9,596,000 39,502,000 28,373,000
Interest, including amortization of debt discount and issuance costs 9,772,000 7,005,000 27,471,000 20,720,000
Legal 117,000 66,000 295,000 149,000
Franchise, excise and other taxes 114,000 78,000 352,000 790,000
General and administrative 1,691,000 2,164,000 8,050,000 6,948,000
Loan recovery 0 0 (491,000) 0
Total operating expenses 25,179,000 18,909,000 75,179,000 56,980,000
Income before equity-method investee, discontinued operations and noncontrolling interest 33,103,000 25,569,000 95,167,000 74,795,000
Income from equity-method investee (252,000) (53,000) (765,000) 157,000
Investment and other gains 1,126,000 0 1,126,000 0
Net income 33,977,000 25,516,000 95,528,000 74,952,000
Less: net income attributable to noncontrolling interest (377,000) (266,000) (1,062,000) (872,000)
Net income attributable to common stockholders $ 33,600,000 $ 25,250,000 $ 94,466,000 $ 74,080,000
Weighted average common shares outstanding:        
Basic 37,566,221 33,055,992 37,563,503 33,053,386
Diluted 37,583,141 33,088,570 37,611,841 33,087,029
Basic:        
Net income per common share attributable to common stockholders $ 0.89 $ 0.76 $ 2.51 $ 2.24
Diluted:        
Net income per common share attributable to common stockholders $ 0.89 $ 0.76 $ 2.51 $ 2.24