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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Rental income $ 75,247 $ 71,688 $ 218,777 $ 210,809
Interest income and other 6,435 3,227 17,109 9,807
Revenues 81,682 74,915 235,886 220,616
Expenses:        
Depreciation 19,695 18,153 57,206 53,282
Interest 14,661 12,374 41,925 36,207
Legal 40 371 409 705
Franchise, excise and other taxes 121 245 1,441 857
General and administrative 2,802 2,793 9,787 9,727
Property taxes and insurance on leased properties 1,608 0 4,205 0
Loan and realty losses 0 0 2,500 1,849
Total operating expenses 38,927 33,936 117,473 102,627
Income before loss on convertible note retirement 42,755 40,979 118,413 117,989
Loss on convertible note retirement 0 0 0 (738)
Net income 42,755 40,979 118,413 117,251
Net income        
Less: net loss attributable to noncontrolling interest 3 0 4 0
Net income $ 42,758 $ 40,979 $ 118,417 $ 117,251
Weighted average common shares outstanding:        
Basic 43,505,332 42,187,077 43,187,847 41,808,017
Diluted 43,861,089 42,434,499 43,494,714 41,932,736
Basic:        
Net income attributable to common stockholders - basic $ 0.98 $ 0.97 $ 2.74 $ 2.80
Diluted:        
Net income attributable to common stockholders - diluted $ 0.97 $ 0.97 $ 2.72 $ 2.80