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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)

The following tables set forth quarterly financial information of the Company:

 
Year Ended December 31, 2019
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
172,363

 
$
184,070

 
$
187,475

 
$
192,071

 
$
735,979

 
 
 
 
 
 
 
 
 
 
Net income
8,386

 
41,394

 
29,557

 
62,346

 
141,683

Net (income) attributable to noncontrolling interests in the Operating Partnership
(193
)
 
(1,044
)
 
(737
)
 
(1,577
)
 
(3,551
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(316
)
 
(306
)
 
(297
)
 
(295
)
 
(1,214
)
Dividends on Preferred Stock
(622
)
 
(622
)
 
(622
)
 
(622
)
 
(2,488
)
Net income available for common stockholders
$
7,255

 
$
39,422

 
$
27,901

 
$
59,852

 
$
134,430

Earnings per Common Share – basic:
 
 
 
 
 
 
 
 
 
Net income available for common stockholders
$
0.07

 
$
0.38

 
$
0.27

 
$
0.58

 
$
1.30

Earnings per Common Share – diluted:
 
 
 
 
 
 
 
 
 
Net income available for common stockholders
$
0.07

 
$
0.38

 
$
0.27

 
$
0.58

 
$
1.30



 
Year Ended December 31, 2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
180,438

 
$
178,792

 
$
179,417

 
$
181,388

 
$
720,035

 
 
 
 
 
 
 
 
 
 
Net income
34,246

 
52,998

 
35,009

 
55,377

 
177,630

Net (income) attributable to noncontrolling interests in the Operating Partnership
(888
)
 
(1,381
)
 
(902
)
 
(1,417
)
 
(4,588
)
Net (income) attributable to noncontrolling interests in consolidated affiliates
(286
)
 
(308
)
 
(324
)
 
(289
)
 
(1,207
)
Dividends on Preferred Stock
(623
)
 
(623
)
 
(623
)
 
(623
)
 
(2,492
)
Net income available for common stockholders
$
32,449

 
$
50,686

 
$
33,160

 
$
53,048

 
$
169,343

Earnings per Common Share – basic:
 
 
 
 
 
 
 
 
 
Net income available for common stockholders
$
0.31

 
$
0.49

 
$
0.32

 
$
0.51

 
$
1.64

Earnings per Common Share – diluted:
 
 
 
 
 
 
 
 
 
Net income available for common stockholders
$
0.31

 
$
0.49

 
$
0.32

 
$
0.51

 
$
1.64


The following tables set forth quarterly financial information of the Operating Partnership:
 
 
Year Ended December 31, 2019
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
172,363

 
$
184,070

 
$
187,475

 
$
192,071

 
$
735,979

 
 
 
 
 
 
 
 
 
 
Net income
8,386

 
41,394

 
29,557

 
62,346

 
141,683

Net (income) attributable to noncontrolling interests in consolidated affiliates
(316
)
 
(306
)
 
(297
)
 
(295
)
 
(1,214
)
Distributions on Preferred Units
(622
)
 
(622
)
 
(622
)
 
(622
)
 
(2,488
)
Net income available for common unitholders
$
7,448

 
$
40,466

 
$
28,638

 
$
61,429

 
$
137,981

Earnings per Common Unit – basic:
 
 
 
 
 
 
 
 
 
Net income available for common unitholders
$
0.07

 
$
0.38

 
$
0.27

 
$
0.58

 
$
1.30

Earnings per Common Unit – diluted:
 
 
 
 
 
 
 
 
 
Net income available for common unitholders
$
0.07

 
$
0.38

 
$
0.27

 
$
0.58

 
$
1.30



 
Year Ended December 31, 2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
Rental and other revenues
$
180,438

 
$
178,792

 
$
179,417

 
$
181,388

 
$
720,035

 
 
 
 
 
 
 
 
 
 
Net income
34,246

 
52,998

 
35,009

 
55,377

 
177,630

Net (income) attributable to noncontrolling interests in consolidated affiliates
(286
)
 
(308
)
 
(324
)
 
(289
)
 
(1,207
)
Distributions on Preferred Units
(623
)
 
(623
)
 
(623
)
 
(623
)
 
(2,492
)
Net income available for common unitholders
$
33,337

 
$
52,067

 
$
34,062

 
$
54,465

 
$
173,931

Earnings per Common Unit – basic:
 
 
 
 
 
 
 
 
 
Net income available for common unitholders
$
0.32

 
$
0.49

 
$
0.32

 
$
0.51

 
$
1.64

Earnings per Common Unit – diluted:
 
 
 
 
 
 
 
 
 
Net income available for common unitholders
$
0.32

 
$
0.49

 
$
0.32

 
$
0.51

 
$
1.64