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Consolidated Statements Of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Rental income $ 69,869,000 $ 65,725,000 $ 139,122,000 $ 128,853,000
Interest income 3,087,000 4,101,000 6,580,000 7,352,000
Revenues 72,956,000 69,826,000 145,702,000 136,205,000
Expenses:        
Depreciation 17,794,000 16,819,000 35,129,000 32,963,000
Interest, including amortization of debt discount and issuance costs 12,220,000 11,732,000 23,834,000 23,393,000
Legal 223,000 146,000 334,000 202,000
Franchise, excise and other taxes 266,000 267,000 612,000 534,000
General and administrative 2,765,000 2,521,000 6,935,000 6,630,000
Loan and realty losses 1,849,000 0 1,849,000 0
Total operating expenses 35,117,000 31,485,000 68,693,000 63,722,000
Income before investment and other gains 37,839,000 38,341,000 77,009,000 72,483,000
Investment and other gains 0 0 0 10,088,000
Loss on convertible note retirement 0 (96,000) (738,000) (96,000)
Net income $ 37,839,000 $ 38,245,000 $ 76,271,000 $ 82,475,000
Weighted average common shares outstanding:        
Basic 41,704,819 40,982,244 41,618,487 40,468,024
Diluted 41,786,829 41,245,173 41,681,854 40,679,345
Basic:        
Net income per common share attributable to common stockholders $ 0.91 $ 0.93 $ 1.83 $ 2.04
Diluted:        
Net income per common share attributable to common stockholders $ 0.91 $ 0.93 $ 1.83 $ 2.03