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Consolidated Statements Of Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Rental income $ 71,688,000 $ 68,204,000 $ 210,809,000 $ 197,077,000
Interest income 3,227,000 3,148,000 9,807,000 10,499,000
Revenues 74,915,000 71,352,000 220,616,000 207,576,000
Expenses:        
Depreciation 18,153,000 17,023,000 53,282,000 50,006,000
Interest, including amortization of debt discount and issuance costs 12,374,000 11,746,000 36,207,000 35,139,000
Legal 371,000 215,000 705,000 417,000
Franchise, excise and other taxes 245,000 268,000 857,000 802,000
General and administrative 2,793,000 2,513,000 9,727,000 9,143,000
Loan and realty losses 0 0 1,849,000 0
Total operating expenses 33,936,000 31,765,000 102,627,000 95,507,000
Income before investment and other gains 40,979,000 39,587,000 117,989,000 112,069,000
Investment and other gains 0 0 0 10,088,000
Loss on convertible note retirement 0 (495,000) (738,000) (591,000)
Net income $ 40,979,000 $ 39,092,000 $ 117,251,000 $ 121,566,000
Weighted average common shares outstanding:        
Basic 42,187,077 41,108,699 41,808,017 40,681,582
Diluted 42,434,499 41,448,263 41,932,736 40,937,337
Basic:        
Net income per common share attributable to common stockholders $ 0.97 $ 0.95 $ 2.80 $ 2.99
Diluted:        
Net income per common share attributable to common stockholders $ 0.97 $ 0.94 $ 2.80 $ 2.97