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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Rental income $ 31,880 $ 26,678
Interest income from mortgage loans 6,578 4,607
Interest and other income 146 195
Total revenues 38,604 31,480
Expenses:    
Interest expense 6,000 3,766
Depreciation and amortization 8,561 6,779
General and administrative expenses 4,457 3,499
Total expenses 19,018 14,044
Operating income 19,586 17,436
Income from unconsolidated joint ventures (272) (116)
Net income 19,858 17,552
Income allocated to participating securities (101) (123)
Income allocated to preferred stockholders   (818)
Net income available to common stockholders $ 19,757 $ 16,611
Earnings per common share    
Basic (in dollars per share) $ 0.53 $ 0.47
Diluted (in dollars per share) $ 0.53 $ 0.47
Weighted average shares used to calculate earnings per common share    
Basic (in shares) 37,446 35,277
Diluted (in shares) 37,459 37,292
Dividends declared and paid per common share (in dollars per share) $ 0.54 $ 0.51