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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Interest on notes and mortgages receivable $ 792 $ 752 $ 2,314 $ 2,259
Total revenues 34,694 29,464 101,052 86,150
Operating expenses:        
Property costs 5,592 5,307 16,955 15,368
Impairments 729 2,167 3,987 6,549
Environmental 1,208 1,045 3,898 931
General and administrative 3,556 3,395 10,998 10,562
Allowance for uncollectible accounts 357 139 364 200
Depreciation and amortization 6,068 4,678 17,569 13,465
Total operating expenses 17,510 16,731 53,771 47,075
Operating income 17,184 12,733 47,281 39,075
Gain (loss) on dispositions of real estate (29) 163 3,636 339
Other income (expense), net (78) 881 510 4,992
Interest expense (6,060) (4,319) (16,425) (12,678)
Earnings from continuing operations 11,017 9,458 35,002 31,728
Discontinued operations:        
Earnings (loss) from discontinued operations (73) (118) (486) 2,422
Net earnings $ 10,944 $ 9,340 $ 34,516 $ 34,150
Basic earnings per common share:        
Earnings from continuing operations $ 0.27 $ 0.24 $ 0.86 $ 0.87
Earnings (loss) from discontinued operations     (0.01) 0.07
Net earnings 0.27 0.24 0.85 0.94
Diluted earnings per common share:        
Earnings from continuing operations 0.27 0.24 0.86 0.87
Earnings (loss) from discontinued operations     (0.01) 0.07
Net earnings $ 0.27 $ 0.24 $ 0.85 $ 0.94
Weighted average common shares outstanding:        
Basic 40,430 38,702 40,016 35,979
Diluted 40,455 38,702 40,031 35,979
Dividends declared per common share $ 0.32 $ 0.28 $ 0.96 $ 0.84
Real Estate [Member]        
Revenues:        
Revenues $ 29,570 $ 24,913 $ 86,877 $ 73,174
Tenant Reimbursements [Member]        
Revenues:        
Revenues $ 4,332 $ 3,799 $ 11,861 $ 10,717