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Consolidated Statements Of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Rental income $ 57,028,000 $ 52,670,000 $ 112,102,000 $ 105,165,000
Interest income from mortgage and other notes 3,232,000 2,521,000 6,324,000 4,642,000
Investment income and other 944,000 1,122,000 1,796,000 2,257,000
Revenues 61,204,000 56,313,000 120,222,000 112,064,000
Expenses:        
Depreciation 14,695,000 13,004,000 28,429,000 26,017,000
Interest, including amortization of debt discount and issuance costs 10,666,000 9,287,000 20,928,000 17,699,000
Legal 124,000 75,000 250,000 179,000
Franchise, excise and other taxes 273,000 217,000 555,000 444,000
General and administrative 2,120,000 2,514,000 5,048,000 6,358,000
Loan and realty losses (recoveries) 14,726,000 (491,000) 14,726,000 (491,000)
Total operating expenses 42,604,000 24,606,000 69,936,000 50,206,000
Income before equity-method investee, TRS tax benefit, investment and other gains and noncontrolling interest 18,600,000 31,707,000 50,286,000 61,858,000
Loss from equity-method investee (57,000) (283,000) (460,000) (513,000)
Income tax benefit attributable to taxable REIT subsidiary 23,000 113,000 184,000 206,000
Investment and other gains 26,415,000 0 28,080,000 0
Net income 44,981,000 31,537,000 78,090,000 61,551,000
Less: net income attributable to noncontrolling interest (386,000) (355,000) (770,000) (685,000)
Net income attributable to common stockholders $ 44,595,000 $ 31,182,000 $ 77,320,000 $ 60,866,000
Weighted average common shares outstanding:        
Basic 38,520,221 37,566,221 38,460,934 37,562,144
Diluted 38,561,384 37,607,117 38,488,088 37,626,192
Basic:        
Net income per common share attributable to common stockholders $ 1.16 $ 0.83 $ 2.01 $ 1.62
Diluted:        
Net income per common share attributable to common stockholders $ 1.16 $ 0.83 $ 2.01 $ 1.62