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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue    
Real estate rental revenue $ 77,137 $ 74,856
Expenses    
Real estate expenses 28,734 29,208
Depreciation and amortization 26,038 25,275
Acquisition costs 154 16
General and administrative 5,511 6,080
Operating Expenses 60,437 60,579
Gain on sale of real estate 0 30,277
Real estate operating income 16,700 44,554
Other income (expense)    
Interest expense (14,360) (15,348)
Other income 39 192
Total other income (expense) (14,321) (15,156)
Net income 2,379 29,398
Less: Net loss attributable to noncontrolling interests in subsidiaries 5 108
Net income attributable to the controlling interests $ 2,384 $ 29,506
Basic net income per share:    
Net income per share (in dollars per share) $ 0.03 $ 0.43
Diluted net income per share:    
Net income per share (in dollars per share) $ 0.03 $ 0.43
Weighted average shares outstanding - basic (in shares) 68,301 68,141
Weighted average shares outstanding - diluted (in shares) 68,488 68,191
Dividends declared per share (in dollars per share) $ 0.30 $ 0.30