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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Rental income $ 77,821 $ 75,247 $ 232,266 $ 218,777
Interest income and other 6,480 6,435 19,306 17,109
Revenues 84,301 81,682 251,572 235,886
Expenses:        
Depreciation 20,836 19,695 62,126 57,206
Interest 12,892 14,661 40,589 41,925
Legal 241 40 826 409
Franchise, excise and other taxes 164 121 553 1,441
General and administrative 2,785 2,802 10,127 9,787
Property taxes and insurance on leased properties 4,187 1,608 7,190 4,205
Loan and realty losses (193) 0 1,002 2,500
Total operating expenses 40,912 38,927 122,413 117,473
Income (Loss) from Equity Method Investments (728) 0 (2,018) 0
Gains (Losses) on Sales of Investment Real Estate 0 0 21,007 0
Net income 42,661 42,755 148,148 118,413
Less: net loss attributable to noncontrolling interest (66) 3 (162) 4
Net income $ 42,595 $ 42,758 $ 147,986 $ 118,417
Weighted average common shares outstanding:        
Basic 44,661,650 43,505,332 44,641,748 43,187,847
Diluted 44,662,403 43,861,089 44,643,514 43,494,714
Basic:        
Net income attributable to common stockholders - basic $ 0.95 $ 0.98 $ 3.31 $ 2.74
Diluted:        
Net income attributable to common stockholders - diluted $ 0.95 $ 0.97 $ 3.31 $ 2.72