Consolidated Statements of Operations - USD ($)
$ in Thousands |
|
3 Months Ended |
Mar. 16, 2015 |
Mar. 31, 2015 |
Mar. 31, 2014 |
| Revenues: |
|
|
|
| Rentals |
|
$ 154,518
|
$ 137,479
|
| Interest income on loans receivable |
|
1,722
|
1,837
|
| Earned income from direct financing leases |
|
795
|
846
|
| Tenant reimbursement income |
|
4,631
|
3,319
|
| Interest income and other |
|
621
|
491
|
| Total revenues |
|
162,287
|
143,972
|
| Expenses: |
|
|
|
| General and administrative |
|
12,600
|
11,067
|
| Property costs |
|
7,407
|
5,282
|
| Real estate acquisition costs |
|
1,093
|
1,281
|
| Interest |
|
57,914
|
54,399
|
| Depreciation and amortization |
|
66,296
|
60,549
|
| Impairments |
|
2,200
|
1,911
|
| Total expenses |
|
147,510
|
134,489
|
| Income from continuing operations before other expense and income tax expense |
|
14,777
|
9,483
|
| Other expense: |
|
|
|
| Loss on debt extinguishment |
|
(1,230)
|
0
|
| Total other expense |
|
(1,230)
|
0
|
| Income from continuing operations before income tax expense |
|
13,547
|
9,483
|
| Income tax expense |
|
(362)
|
(217)
|
| Income from continuing operations |
|
13,185
|
9,266
|
| Discontinued operations: |
|
|
|
| Income from discontinued operations |
|
227
|
3,054
|
| Loss on dispositions of assets |
|
0
|
(7)
|
| Income from discontinued operations |
|
227
|
3,047
|
| Income before gain on dispositions of assets |
|
13,412
|
12,313
|
| Gain on dispositions of assets |
|
9,151
|
1,535
|
| Net income attributable to common stockholders |
|
$ 22,563
|
$ 13,848
|
| Net income per share of common stock—basic: |
|
|
|
| Continuing operations (in USD per share) |
|
$ 0.05
|
$ 0.03
|
| Discontinued operations (in USD per share) |
|
0.00
|
0.01
|
| Net income per share attributable to common stockholders—basic (in USD per share) |
|
0.05
|
0.04
|
| Net income per share of common stock—diluted: |
|
|
|
| Continuing operations (in USD per share) |
|
0.05
|
0.03
|
| Discontinued operations (in USD per share) |
|
0.00
|
0.01
|
| Net income per share attributable to common stockholders—diluted (in USD per share) |
|
$ 0.05
|
$ 0.04
|
| Weighted average common shares outstanding: |
|
|
|
| Basic (in shares) |
|
411,017,895
|
368,684,942
|
| Diluted (in shares) |
|
411,622,434
|
369,387,638
|
| Dividends declared per common share issued (in USD per share) |
$ 0.17
|
$ 0.17
|
$ 0.16625
|