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Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Revenues from rental properties $ 116,328,000 $ 101,332,000 $ 96,711,000
Tenant reimbursements 16,691,000 15,829,000 15,017,000
Interest on notes and mortgages receivable 3,087,000 2,992,000 3,543,000
Total revenues 136,106,000 120,153,000 115,271,000
Operating expenses:      
Property costs 23,649,000 22,345,000 23,205,000
Impairments 4,902,000 8,279,000 8,566,000
Environmental 4,711,000 3,098,000 2,654,000
General and administrative 14,661,000 13,879,000 14,155,000
Allowance (recoveries) for uncollectible accounts 470,000 205,000 (448,000)
Depreciation and amortization 23,636,000 19,089,000 19,170,000
Total operating expenses 72,029,000 66,895,000 67,302,000
Gains on dispositions of real estate 3,948,000 1,041,000 6,390,000
Operating income 68,025,000 54,299,000 54,359,000
Other income, net 2,730,000 8,518,000 2,027,000
Interest expense (22,345,000) (17,769,000) (16,561,000)
Earnings from continuing operations 48,410,000 45,048,000 39,825,000
Discontinued operations:      
Earnings (loss) from operating activities (704,000) 2,138,000 (1,236,000)
(Loss) gains on dispositions of real estate     (178,000)
Earnings (loss) from discontinued operations (704,000) 2,138,000 (1,414,000)
Net earnings $ 47,706,000 $ 47,186,000 $ 38,411,000
Basic earnings per common share:      
Earnings from continuing operations $ 1.19 $ 1.20 $ 1.16
Earnings (loss) earnings from discontinued operations (0.02) 0.06 (0.04)
Net earnings 1.17 1.26 1.12
Diluted earnings per common share:      
Earnings from continuing operations 1.19 1.20 1.16
Earnings (loss) earnings from discontinued operations (0.02) 0.06 (0.04)
Net earnings $ 1.17 $ 1.26 $ 1.12
Weighted average common shares outstanding:      
Basic 40,171 36,897 33,806
Diluted 40,191 36,897 33,806