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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Rental income $ 804,076 $ 767,340 $ 775,176
Income from direct financing leases 1,036 1,636 32,336
Mortgage interest income 76,542 70,312 66,202
Other investment income 43,400 40,228 29,225
Miscellaneous income 3,776 2,166 5,446
Total operating revenues 928,830 881,682 908,385
Expenses      
Depreciation and amortization 301,683 281,279 287,591
General and administrative 57,869 63,508 47,683
Real estate taxes 14,933    
Acquisition and merger related costs 5,115 383  
Impairment on real estate properties 45,264 29,839 99,070
Impairment on direct financing leases 7,917 27,168 198,199
Provision for uncollectible accounts   6,689 14,580
Total operating expenses 432,781 408,866 647,123
Other operating income (loss)      
Gain on assets sold - net 55,696 24,774 53,912
Operating income 551,745 497,590 315,174
Other operating (loss) income      
Interest income and other - net 856 313 267
Interest expense (199,151) (192,462) (188,762)
Interest - amortization of deferred financing costs (9,564) (8,960) (9,516)
Interest - refinancing costs (21,965)
Contractual settlement     10,412
Realized (loss) gain on foreign exchange (42) 32 311
Interest and Other Income, Total (207,901) (201,077) (209,253)
Income tax expense (2,844) (3,010) (3,248)
Income from continuing operations 343,844 296,513 105,921
Income from unconsolidated joint ventures 10,947 381 2,237
Net income 351,947 293,884 104,910
Net income attributable to noncontrolling interest (10,824) (12,306) (4,491)
Net income available to common stockholders/owners $ 341,123 $ 281,578 $ 100,419
Basic:      
Net income available to common stockholders $ 1.60 $ 1.41 $ 0.51
Diluted:      
Net income $ 1.58 $ 1.40 $ 0.51
Weighted-average shares outstanding, Basic and Diluted      
Weighted-average shares outstanding, basic (in shares) 213,404 200,279 197,738
Weighted-average shares outstanding, diluted (in shares) 222,125 209,711 206,790
Omega OP      
Revenue      
Rental income $ 804,076 $ 767,340 $ 775,176
Income from direct financing leases 1,036 1,636 32,336
Mortgage interest income 76,542 70,312 66,202
Other investment income 43,400 40,228 29,225
Miscellaneous income 3,776 2,166 5,446
Total operating revenues 928,830 881,682 908,385
Expenses      
Depreciation and amortization 301,683 281,279 287,591
General and administrative 57,869 63,508 47,683
Real estate taxes 14,933    
Acquisition and merger related costs 5,115 383  
Impairment on real estate properties 45,264 29,839 99,070
Impairment on direct financing leases 7,917 27,168 198,199
Provision for uncollectible accounts   6,689 14,580
Total operating expenses 432,781 408,866 647,123
Other operating income (loss)      
Gain on assets sold - net 55,696 24,774 53,912
Operating income 551,745 497,590 315,174
Other operating (loss) income      
Interest income and other - net 856 313 267
Interest expense (199,151) (192,462) (188,762)
Interest - amortization of deferred financing costs (9,564) (8,960) (9,516)
Interest - refinancing costs     (21,965)
Contractual settlement     10,412
Realized (loss) gain on foreign exchange (42) 32 311
Interest and Other Income, Total (207,901) (201,077) (209,253)
Income tax expense (2,844) (3,010) (3,248)
Income from continuing operations 343,844 296,513 105,921
Income from unconsolidated joint ventures 10,947 381 2,237
Net income 351,947 293,884 104,910
Net income attributable to noncontrolling interest 12    
Net income available to common stockholders/owners $ 351,959 $ 293,884 $ 104,910
Net income (loss) available to Omega OP Unit holders:      
Net income available to owners' $ 1.60 $ 1.41 $ 0.51
Diluted:      
Net income $ 1.58 $ 1.40 $ 0.51
Weighted-average shares outstanding, Basic and Diluted      
Weighted-average shares outstanding, basic (in shares) 220,193 209,020 206,521
Weighted-average shares outstanding, diluted (in shares) 222,125 209,711 206,790
Weighted-average Omega OP Units outstanding, basic (in shares) 220,193 209,020 206,521
Weighted-average Omega OP Units outstanding, diluted (in shares) 222,125 209,711 206,790