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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Rental and other revenues $ 45,498 $ 39,964 $ 90,350 $ 79,480
Operating expenses:        
Property operating expenses 16,836 14,179 33,325 28,297
General and administrative 3,614 3,068 7,070 5,868
Depreciation and amortization 15,701 14,954 31,516 29,369
Total operating expenses 36,151 32,201 71,911 63,534
Operating income 9,347 7,763 18,439 15,946
Interest expense:        
Contractual interest expense (5,982) (5,639) (11,729) (11,883)
Amortization of deferred financing costs and debt fair value (302) (272) (614) (602)
Interest expense, net (6,284) (5,911) (12,343) (12,485)
Net gain on sale of real estate property 0 0 21,658 47,400
Net income 3,063 1,852 27,754 50,861
Net income attributable to non-controlling interests in properties (164) (190) (335) (382)
Net income attributable to the Company 2,899 1,662 27,419 50,479
Preferred stock distributions (1,855) (1,855) (3,710) (3,710)
Net income/(loss) attributable to common stockholders $ 1,044 $ (193) $ 23,709 $ 46,769
Net income/(loss) per common share:        
Basic $ 0.02 $ 0 $ 0.54 $ 1.08
Diluted $ 0.02 $ 0 $ 0.53 $ 1.06
Weighted average common shares outstanding:        
Basic 43,632 43,482 43,593 43,440
Diluted 44,482 43,482 44,445 44,080
Dividend distributions declared per common share $ 0.2 $ 0.15 $ 0.4 $ 0.3