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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Results of Operations

The following is a summary of the quarterly results of operations for the years ended December 31, 2018 and 2017 (unaudited as to quarterly information) (in thousands, except per share amounts):

 

 

 

Three Months Ended

 

Year Ended December 31, 2018

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues from rental properties

 

$

28,284

 

 

$

29,022

 

 

$

29,570

 

 

$

29,452

 

Earnings from continuing operations

 

 

10,162

 

 

 

13,823

 

 

 

11,017

 

 

 

13,408

 

Net earnings

 

$

10,032

 

 

$

13,540

 

 

$

10,944

 

 

$

13,190

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.25

 

 

$

0.34

 

 

$

0.27

 

 

$

0.33

 

Net earnings

 

$

0.25

 

 

$

0.33

 

 

$

0.27

 

 

$

0.32

 

 

Year Ended December 31, 2017

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

December 31,

 

Revenues from rental properties

 

$

23,897

 

 

$

24,364

 

 

$

24,913

 

 

$

28,158

 

Earnings from continuing operations

 

 

7,716

 

 

 

14,551

 

 

 

9,460

 

 

 

13,321

 

Net earnings

 

$

9,704

 

 

$

15,106

 

 

$

9,340

 

 

$

13,036

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings from continuing operations

 

$

0.22

 

 

$

0.41

 

 

$

0.24

 

 

$

0.33

 

Net earnings

 

$

0.28

 

 

$

0.43

 

 

$

0.24

 

 

$

0.33