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Consolidated Statements Of Income - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Rental income $ 307,208,000 $ 294,182,000 $ 280,813,000
Interest income from mortgage and other notes 25,603,000 23,899,000 13,799,000
Revenues 332,811,000 318,081,000 294,612,000
Expenses:      
Depreciation 83,150,000 76,816,000 71,349,000
Interest expense 52,882,000 56,299,000 49,055,000
Legal expense 1,252,000 507,000 309,000
Franchise, excise and other taxes 534,000 1,550,000 1,166,000
General and administrative 13,304,000 13,399,000 12,547,000
Property taxes and insurance on leased properties 9,653,000 5,798,000 0
Loan and realty losses (recoveries), net 991,000 2,440,000 5,115,000
Total operating expenses 161,766,000 156,809,000 139,541,000
Loss on convertible note retirement 3,924,000 823,000 738,000
Income (Loss) from Equity Method Investments (3,126,000) 0 0
Gain on sale of real estate 21,316,000 0 0
Net income 185,311,000 160,449,000 154,333,000
Less: net income attributable to noncontrolling interest 185,000 (7,000) 0
Net income attributable to common stockholders $ 185,126,000 $ 160,456,000 $ 154,333,000
Weighted average common shares outstanding:      
Basic 44,696,285 43,417,828 41,943,873
Diluted 44,698,004 43,703,248 42,091,731
Basic:      
Net income per common share attributable to common stockholders $ 4.14 $ 3.70 $ 3.68
Diluted:      
Net income per common share attributable to common stockholders $ 4.14 $ 3.67 $ 3.67