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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Revenues from rental properties $ 36,951 $ 34,650
Interest on notes and mortgages receivable 329 713
Total revenues 37,280 35,363
Operating expenses:    
Property costs 5,272 4,935
Impairments 776 1,031
Environmental 513 221
General and administrative 5,509 4,068
Depreciation and amortization 8,437 7,097
Total operating expenses 20,507 17,352
Gain on dispositions of real estate 7,219 869
Operating income 23,992 18,880
Other income, net 64 495
Interest expense (6,129) (6,675)
Net earnings $ 17,927 $ 12,700
Basic earnings per common share:    
Net earnings $ 0.40 $ 0.30
Diluted earnings per common share:    
Net earnings $ 0.40 $ 0.30
Weighted average common shares outstanding:    
Basic 43,872 41,383
Diluted 43,875 41,391