Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income

v3.8.0.1
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue    
Real estate rental revenue $ 84,881 $ 77,501
Expenses    
Real estate expenses 29,901 27,863
Depreciation and amortization 29,969 26,069
General and administrative 5,821 5,626
Real estate impairment 1,886 0
Operating expenses 67,577 59,558
Other operating income    
Real estate operating income 17,304 17,943
Other (expense) income    
Interest expense (12,827) (11,405)
Loss on extinguishment of debt (1,178) 0
Other income 0 77
Total other income (expense) (14,005) (11,328)
Net income 3,299 6,615
Less: Net loss attributable to noncontrolling interests in subsidiaries 0 19
Net income attributable to the controlling interests $ 3,299 $ 6,634
Basic net income per share:    
Basic net income attributable to the controlling interests per common share (in dollars per share) $ 0.04 $ 0.09
Diluted net income per share:    
Diluted net income attributable to the controlling interests per common share (in dollars per share) $ 0.04 $ 0.09
Weighted average shares outstanding - basic (in shares) 78,483 74,854
Weighted average shares outstanding - diluted (in shares) 78,547 74,966
Dividends declared per share (in dollars per share) $ 0.30 $ 0.30