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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Rental income $ 41,353 $ 24,067 $ 81,666 $ 48,172
Interest income from mortgage and other notes 1,748 1,972 3,504 3,941
Investment income and other 1,059 1,063 2,126 2,115
Revenues 44,160 27,102 87,296 54,228
Expenses:        
Depreciation 9,540 4,391 18,777 8,639
Interest, including amortization of debt discount and issuance costs 6,829 1,597 13,715 2,721
Legal 10 290 83 566
Franchise, excise and other taxes 406 93 712 237
General and administrative 1,850 2,325 4,785 5,414
Loan and realty losses 0 0 0 4,037
Total operating expenses 18,635 8,696 38,072 21,614
Income before equity-method investee, discontinued operations and noncontrolling interest 25,525 18,406 49,224 32,614
Income from equity-method investee 52 70 210 91
Income from continuing operations 25,577 18,476 49,434 32,705
Income from discontinued operations 0 1,622 0 3,316
Net income 25,577 20,098 49,434 36,021
Less: net income attributable to noncontrolling interest (283) (178) (606) (358)
Net income attributable to common stockholders $ 25,294 $ 19,920 $ 48,828 $ 35,663
Weighted average common shares outstanding:        
Basic 33,052,750 27,876,176 33,052,083 27,871,120
Diluted 33,087,283 27,913,727 33,086,258 27,907,600
Basic:        
Income from continuing operations attributable to common stockholders $ 0.77 $ 0.66 $ 1.48 $ 1.16
Discontinued operations $ 0.00 $ 0.05 $ 0.00 $ 0.12
Net income per common share attributable to common stockholders $ 0.77 $ 0.71 $ 1.48 $ 1.28
Diluted:        
Income from continuing operations attributable to common stockholders $ 0.76 $ 0.66 $ 1.48 $ 1.15
Discontinued operations $ 0.00 $ 0.05 $ 0.00 $ 0.12
Net income per common share attributable to common stockholders $ 0.76 $ 0.71 $ 1.48 $ 1.27