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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue      
Rental income $ 767,340 $ 775,176 $ 743,885
Income from direct financing leases 1,636 32,336 62,298
Mortgage interest income 70,312 66,202 69,811
Other investment income 40,228 29,225 21,852
Miscellaneous income 2,166 5,446 2,981
Total operating revenues 881,682 908,385 900,827
Expenses      
Depreciation and amortization 281,279 287,591 267,062
General and administrative 63,508 47,683 45,867
Acquisition costs 383   9,582
Impairment on real estate properties 29,839 99,070 58,726
Impairment on direct financing leases 27,168 198,199  
Provision for uncollectible accounts 6,689 14,580 9,845
Total operating expenses 408,866 647,123 391,082
Other operating income      
Gain on assets sold - net 24,774 53,912 50,208
Operating income 497,590 315,174 559,953
Other income (expense)      
Interest income and other - net 313 267 173
Interest expense (192,462) (188,762) (164,103)
Interest - amortization of deferred financing costs (8,960) (9,516) (9,345)
Interest - refinancing costs (21,965) (2,113)
Contractual settlement   10,412  
Realized gain (loss) on foreign exchange 32 311 (232)
Total other expense (201,077) (209,253) (175,620)
Income from continuing operations 296,513 105,921 384,333
Income tax expense (3,010) (3,248) (1,405)
Income from unconsolidated joint venture 381 2,237 439
Net income 293,884 104,910 383,367
Net income attributable to noncontrolling interest (12,306) (4,491) (16,952)
Net income available to common stockholders $ 281,578 $ 100,419 $ 366,415
Basic:      
Net income available to common stockholders $ 1.41 $ 0.51 $ 1.91
Diluted:      
Net income $ 1.40 $ 0.51 $ 1.90
Weighted-average shares outstanding, Basic and Diluted      
Weighted-average shares outstanding, basic (in shares) 200,279 197,738 191,781
Weighted-average shares outstanding, diluted (in shares) 209,711 206,790 201,635
Omega OP      
Revenue      
Rental income $ 767,340 $ 775,176 $ 743,885
Income from direct financing leases 1,636 32,336 62,298
Mortgage interest income 70,312 66,202 69,811
Other investment income 40,228 29,225 21,852
Miscellaneous income 2,166 5,446 2,981
Total operating revenues 881,682 908,385 900,827
Expenses      
Depreciation and amortization 281,279 287,591 267,062
General and administrative 63,508 47,683 45,867
Acquisition costs 383   9,582
Impairment on real estate properties 29,839 99,070 58,726
Impairment on direct financing leases 27,168 198,199  
Provision for uncollectible accounts 6,689 14,580 9,845
Total operating expenses 408,866 647,123 391,082
Other operating income      
Gain on assets sold - net 24,774 53,912 50,208
Operating income 497,590 315,174 559,953
Other income (expense)      
Interest income and other - net 313 267 173
Interest expense (192,462) (188,762) (164,103)
Interest - amortization of deferred financing costs (8,960) (9,516) (9,345)
Interest - refinancing costs   (21,965) (2,113)
Contractual settlement   10,412  
Realized gain (loss) on foreign exchange 32 311 (232)
Total other expense (201,077) (209,253) (175,620)
Income from continuing operations 296,513 105,921 384,333
Income tax expense (3,010) (3,248) (1,405)
Income from unconsolidated joint venture 381 2,237 439
Net income 293,884 104,910 383,367
Net income available to common stockholders $ 293,884 $ 104,910 $ 383,367
Basic:      
Net income available to common stockholders $ 1.41 $ 0.51 $ 1.91
Diluted:      
Net income 1.40 0.51 1.90
Net income (loss) available to Omega OP Unit holders:      
Net income (in dollars per share) 1.41 0.51 1.91
Diluted:      
Net income (in dollars per share) $ 1.40 $ 0.51 $ 1.90
Weighted-average shares outstanding, Basic and Diluted      
Weighted-average shares outstanding, basic (in shares) 209,020 206,521 200,679
Weighted-average shares outstanding, diluted (in shares) 209,711 206,790 201,635
Weighted-average Omega OP Units outstanding, basic (in shares) 209,020 206,521 200,679
Weighted-average Omega OP Units outstanding, diluted (in shares) 209,711 206,790 201,635