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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Rental income $ 63,137 $ 55,074
Interest income from mortgage and other notes 3,089 3,160
Investment income and other 162 784
Revenues 66,388 59,018
Expenses:    
Depreciation 16,154 13,733
Interest, including amortization of debt discount and issuance costs 11,661 10,262
Legal 56 126
Franchise, excise and other taxes 267 283
General and administrative 4,108 2,929
Total operating expenses 32,246 27,333
Income before equity-method investee, TRS tax benefit, investment and other gains and noncontrolling interest 34,142 31,685
Loss from equity-method investee 0 (402)
Income tax benefit attributable to taxable REIT subsidiary 0 (161)
Investment and other gains 10,088 1,665
Net income 44,230 33,109
Less: net income attributable to noncontrolling interest 0 (384)
Net income attributable to common stockholders $ 44,230 $ 32,725
Weighted average common shares outstanding:    
Basic 39,953,804 38,401,647
Diluted 40,108,762 38,414,791
Basic:    
Net income per common share attributable to common stockholders $ 1.11 $ 0.85
Diluted:    
Net income per common share attributable to common stockholders $ 1.10 $ 0.85