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Selected Quarterly Financial Data (Unaudited) - (Tables)
12 Months Ended
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]  
Schedule of Quarterly Financial Information
(In thousands, except per share amounts)
 
January 1, 2017 - March 31, 2017
 
April 1, 2017 - June 30, 2017
 
July 1, 2017 - September 30, 2017
 
October 1, 2017 - December 31, 2017
Revenues:
 
 
 
 
 
 
 
 
Rental
 
$
27,764

 
$
28,327

 
$
28,835

 
$
29,011

Restaurant
 
4,943

 
4,826

 
4,676

 
4,827

Total revenues
 
32,707

 
33,153

 
33,511

 
33,838

Operating expenses:
 
 
 
 
 
 
 
 
General and administrative
 
2,863

 
3,459

 
2,899

 
3,044

Depreciation and amortization
 
5,409

 
5,426

 
5,425

 
5,557

Restaurant expense
 
4,668

 
4,583

 
4,571

 
4,829

Interest expense
 
4,094

 
4,508

 
5,463

 
5,403

Total expenses
 
17,034

 
17,976

 
18,358

 
18,833

Other income
 
5

 
34

 
172

 
113

Realized gain on sale, net
 

 
3,291

 
4,042

 
3,198

Income Before Income Taxes
 
$
15,678

 
$
18,502

 
$
19,367

 
$
18,316

Earnings per share (1):
 
 
 
 
 
 
 
 
Basic
 
$
0.26

 
$
0.30

 
$
0.31

 
$
0.30

Diluted
 
0.26

 
0.30

 
0.31

 
0.30

Distributions declared per share
 
$
0.2425

 
$
0.2425

 
$
0.2425

 
$
0.2750

(In thousands, except per share amounts)
 
January 1, 2016 -
March 31, 2016
 
April 1, 2016 - June 30, 2016
 
July 1, 2016 - September 30, 2016
 
October 1, 2016 - December 31, 2016
Revenues:
 
 
 
 
 
 
 
 
Rental
 
$
26,192

 
$
26,192

 
$
26,363

 
$
26,877

Restaurant
 
4,859

 
4,701

 
4,443

 
4,391

Total revenues
 
31,051

 
30,893

 
30,806

 
31,268

Operating expenses:
 
 
 
 
 
 
 
 
General and administrative
 
3,317

 
2,508

 
2,608

 
2,545

Depreciation and amortization
 
5,187

 
5,101

 
5,059

 
5,230

Restaurant expense
 
4,698

 
4,593

 
4,308

 
4,254

Interest expense
 
4,182

 
3,858

 
3,549

 
3,239

Total expenses
 
17,384

 
16,060

 
15,524

 
15,268

Other income
 
60

 
18

 
10

 
9

Realized gain on sale, net
 

 

 
 
 
16,623

Income Before Income Taxes
 
$
13,727

 
$
14,851

 
$
15,292

 
$
32,632

Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.95

 
$
0.25

 
$
0.25

 
$
0.54

Diluted
 
1.61

 
0.25

 
0.25

 
0.54

Distributions declared per share
 
$
0.2425

 
$
0.2425

 
$
0.2425

 
$
0.2425

(In thousands, except per share amounts)
 
January 1, 2015 -
March 31, 2015
 
April 1, 2015 - June 30, 2015
 
July 1, 2015 - September 30, 2015
 
October 1, 2015 - December 31, 2015
Revenues:
 
 
 
 
 
 
 
 
Rental
 
$

 
$

 
$

 
$
15,134

Restaurant
 
4,890

 
4,624

 
4,413

 
4,395

Total revenues
 
4,890

 
4,624

 
4,413

 
19,529

Operating expenses:
 
 
 
 
 
 
 
 
General and administrative
 

 

 

 
1,856

Depreciation and amortization
 
212

 
185

 
208

 
3,153

Restaurant expense
 
4,513

 
4,335

 
4,088

 
4,060

Interest expense
 

 

 

 
2,203

Total expenses
 
4,725

 
4,520

 
4,296

 
11,272

Income Before Income Taxes
 
$
165

 
$
104

 
$
117

 
$
8,257

Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
NA

 
NA

 
NA

 
$
0.85

Diluted
 
NA

 
NA

 
NA

 
0.84

Distributions declared per share
 
NA

 
NA

 
NA

 
NA

NA – not applicable