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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Rental income $ 69,253 $ 63,127
Interest income from mortgage and other notes 3,460 3,089
Investment income and other 33 162
Revenues 72,746 66,378
Expenses:    
Depreciation 17,335 16,144
Interest, including amortization of debt discount and issuance costs 11,614 11,661
Legal 111 56
Franchise, excise and other taxes 346 267
General and administrative 4,170 4,108
Total operating expenses 33,576 32,236
Income before equity-method investee, TRS tax benefit, investment and other gains and noncontrolling interest 39,170 34,142
Loss on convertible note retirement (738) 0
Investment and other gains 0 10,088
Net income $ 38,432 $ 44,230
Weighted average common shares outstanding:    
Basic 41,532,154 39,953,804
Diluted 41,576,876 40,108,762
Basic:    
Net income per common share attributable to common stockholders $ 0.93 $ 1.11
Diluted:    
Net income per common share attributable to common stockholders $ 0.92 $ 1.10