Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental revenue | 70,679,000 | 69,426,000 | 70,547,000 | 66,634,000 | 65,550,000 | 63,695,000 | 65,299,000 | 62,858,000 | 62,369,000 | 62,002,000 | 61,829,000 | 61,072,000 | 59,951,000 | 59,134,000 | 60,680,000 | 58,881,000 | 59,058,000 | 58,818,000 | 57,756,000 | 57,114,000 | 55,749,000 | 52,002,000 | 55,415,000 | 55,110,000 | 55,487,000 | 55,953,000 | 56,803,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 1,325,000 | 1,408,000 | 1,309,000 | 1,290,000 | 1,738,000 | 3,248,000 | 1,393,000 | 3,825,000 | 1,397,000 | 1,707,000 | 1,220,000 | 1,264,000 | 1,136,000 | 1,159,000 | 1,464,000 | 1,359,000 | 1,198,000 | 1,186,000 | 968,000 | 1,170,000 | 1,011,000 | 1,218,000 | 1,528,000 | 1,472,000 | 1,565,000 | 2,188,000 | 2,947,000 | 2,426,000 | 1,494,000 | 1,431,000 | 1,440,000 | 1,511,000 | 1,338,000 | 1,476,000 | 5,014,000 | 1,537,000 | 1,464,000 | 1,642,000 | 4,398,000 | 1,729,000 | 1,607,000 | 1,480,000 | 1,439,000 | 1,534,000 | 1,222,000 | 2,970,000 | 3,143,000 | 1,205,000 | 1,583,000 | 1,455,000 | 1,232,000 | 1,171,000 | 1,296,000 | 1,511,000 | 1,401,000 | 1,669,000 | 1,285,000 | 1,342,000 | 1,322,000 | 1,008,000 | 1,132,000 | 1,028,000 | 2,868,000 | 1,222,000 | 1,138,000 | 909,000 | 1,211,000 | 1,125,000 | 1,576,000 | 1,177,000 | 893,000 | 1,314,000 | 1,063,000 | 952,000 | 863,000 | 851,000 | 996,000 | 879,000 | 728,000 | 1,008,000 | 2,748,000 | 1,036,000 | 691,000 | 952,000 | 832,000 | 859,000 | 727,000 |
total revenue | 72,004,000 | 70,834,000 | 71,856,000 | 67,924,000 | 67,288,000 | 66,943,000 | 66,692,000 | 66,683,000 | 63,766,000 | 63,709,000 | 63,049,000 | 62,336,000 | 61,087,000 | 60,293,000 | 62,144,000 | 60,240,000 | 60,256,000 | 60,004,000 | 58,724,000 | 58,284,000 | 56,760,000 | 53,220,000 | 56,943,000 | 56,582,000 | 57,052,000 | 58,141,000 | 59,750,000 | 56,496,000 | 56,675,000 | 56,237,000 | 55,907,000 | 58,466,000 | 54,201,000 | 53,233,000 | 52,710,000 | 56,926,000 | 52,902,000 | 52,376,000 | 51,711,000 | 52,088,000 | 51,264,000 | 50,595,000 | 52,286,000 | 52,947,000 | 50,146,000 | 49,756,000 | 48,809,000 | 49,186,000 | 47,934,000 | 47,534,000 | 47,520,000 | 47,104,000 | 46,970,000 | 42,878,000 | 42,779,000 | 41,820,000 | 40,295,000 | 39,551,000 | 40,121,000 | 43,648,000 | 41,735,000 | 40,273,000 | 39,416,000 | 39,689,000 | 40,571,000 | 40,947,000 | 40,105,000 | 38,722,000 | 38,810,000 | 38,014,000 | 37,077,000 | 36,684,000 | 35,903,000 | 34,860,000 | 33,748,000 | 33,467,000 | 32,774,000 | 33,182,000 | 30,752,000 | 30,307,000 | 29,569,000 | 29,044,000 | 27,888,000 | 26,341,000 | |||
yoy | 7.01% | 5.81% | 7.74% | 1.86% | 5.52% | 5.08% | 5.78% | 6.97% | 4.39% | 5.67% | 1.46% | 3.48% | 1.38% | 0.48% | 5.82% | 3.36% | 6.16% | 12.75% | 3.13% | 3.01% | -0.51% | -8.46% | -4.70% | 5.76% | -3.37% | 4.56% | 5.64% | 6.07% | 2.71% | 2.46% | 1.64% | 1.93% | 9.29% | 3.20% | 3.52% | -1.10% | -1.62% | 2.23% | 1.69% | 7.12% | 7.65% | 4.61% | 4.67% | 2.71% | 4.42% | 2.05% | 10.86% | 11.08% | 12.64% | 16.57% | 8.41% | 6.62% | -4.19% | -3.45% | -1.79% | 1.79% | 9.98% | 2.87% | -1.65% | -1.72% | 2.50% | 4.54% | 7.72% | 8.17% | 5.56% | 8.10% | 9.05% | 9.86% | 9.61% | 9.55% | 5.06% | 9.74% | 10.43% | 10.84% | 14.25% | 10.27% | 15.06% | ||||||||||
qoq | 1.65% | -1.42% | 5.79% | 0.95% | 0.52% | 0.38% | 0.01% | 4.57% | 0.09% | 1.05% | 1.14% | 2.04% | 1.32% | -2.98% | 3.16% | -0.03% | 0.42% | 2.18% | 0.75% | 2.68% | 6.65% | -6.54% | 0.64% | -0.82% | -1.87% | -2.69% | -0.32% | 0.78% | 0.59% | -4.38% | 7.87% | 1.82% | 0.99% | -7.41% | 7.61% | 1.00% | 1.29% | -0.72% | 1.61% | 1.32% | -3.23% | -1.25% | 5.59% | 0.78% | 1.94% | -0.77% | 2.61% | 0.84% | 0.03% | 0.88% | 0.29% | 9.54% | 0.23% | 2.29% | 3.78% | 1.88% | -1.42% | -8.08% | 4.58% | 3.63% | 2.17% | -0.69% | -2.17% | -0.92% | 2.10% | 3.57% | -0.23% | 2.09% | 2.53% | 1.07% | 2.18% | 2.99% | 3.30% | 0.84% | 2.11% | -1.23% | 7.90% | 1.47% | 2.50% | 1.81% | 4.15% | 5.87% | |||||
expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses | 12,024,000 | 11,424,000 | 13,742,000 | 11,407,000 | 10,111,000 | 9,656,000 | 10,545,000 | 9,987,000 | 9,720,000 | 8,997,000 | 8,785,000 | 9,760,000 | 8,995,000 | 7,641,000 | 9,538,000 | 8,461,000 | 8,210,000 | 7,524,000 | 8,686,000 | 7,995,000 | 7,416,000 | 6,410,000 | 7,036,000 | 7,305,000 | 7,525,000 | 7,115,000 | 8,001,000 | 7,436,000 | 6,910,000 | 6,732,000 | 7,123,000 | 7,146,000 | 7,418,000 | 6,473,000 | 6,652,000 | 6,787,000 | 6,685,000 | 6,060,000 | 7,995,000 | 6,445,000 | 6,308,000 | 6,196,000 | 7,616,000 | 6,440,000 | 6,316,000 | 6,138,000 | 7,585,000 | 6,463,000 | 6,106,000 | 6,041,000 | 5,949,000 | 6,019,000 | 5,977,000 | 6,009,000 | 5,789,000 | 6,657,000 | 5,829,000 | 5,827,000 | 6,633,000 | 5,492,000 | 5,199,000 | 4,902,000 | 7,679,000 | 6,274,000 | 4,919,000 | 4,845,000 | 5,370,000 | 5,005,000 | 5,360,000 | 4,527,000 | 4,985,000 | 4,833,000 | 4,777,000 | 4,343,000 | 4,805,000 | 4,083,000 | 4,264,000 | 3,963,000 | 3,968,000 | 4,031,000 | 3,437,000 | 3,483,000 | 3,773,000 | 3,122,000 | 3,186,000 | 2,870,000 | 2,892,000 |
real estate taxes | 8,154,000 | 8,016,000 | 7,984,000 | 7,490,000 | 7,620,000 | 7,608,000 | 7,623,000 | 7,061,000 | 7,641,000 | 7,453,000 | 7,495,000 | 6,936,000 | 7,078,000 | 7,156,000 | 7,418,000 | 6,626,000 | 7,154,000 | 7,138,000 | 7,829,000 | 7,533,000 | 7,523,000 | 7,351,000 | 7,153,000 | 6,906,000 | 7,114,000 | 6,819,000 | 7,148,000 | 6,817,000 | 6,937,000 | 6,778,000 | 6,845,000 | 6,873,000 | 6,834,000 | 6,700,000 | 6,590,000 | 6,414,000 | 6,195,000 | 6,137,000 | 5,934,000 | 5,953,000 | 5,933,000 | 5,876,000 | 5,901,000 | 5,723,000 | 5,594,000 | 5,584,000 | 5,453,000 | 5,609,000 | 5,610,000 | 5,433,000 | 5,763,000 | 5,397,000 | 5,546,000 | 5,538,000 | 5,844,000 | 4,604,000 | 4,743,000 | 4,656,000 | 4,482,000 | 4,295,000 | 4,367,000 | 4,452,000 | 4,685,000 | 4,199,000 | 4,531,000 | 4,620,000 | 4,416,000 | 4,078,000 | 4,241,000 | 4,278,000 | 4,011,000 | 3,462,000 | 3,558,000 | 3,538,000 | 3,526,000 | 3,328,000 | 3,129,000 | 2,994,000 | 3,052,000 | 2,870,000 | 2,830,000 | 2,757,000 | 2,583,000 | 2,585,000 | 2,325,000 | 2,488,000 | 2,391,000 |
interest expense, net and amortization of deferred debt costs | 17,066,000 | 16,820,000 | 16,747,000 | 16,768,000 | 12,213,000 | 12,267,000 | 12,448,000 | 12,635,000 | 12,419,000 | 12,278,000 | 11,821,000 | 11,775,000 | 11,103,000 | 10,457,000 | 10,602,000 | 10,865,000 | 10,914,000 | 11,657,000 | 11,988,000 | 12,508,000 | 12,398,000 | 12,019,000 | 9,594,000 | 9,649,000 | 10,325,000 | 10,793,000 | 11,067,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of deferred leasing costs | 14,106,000 | 14,098,000 | 14,523,000 | 14,400,000 | 12,072,000 | 12,001,000 | 12,029,000 | 12,203,000 | 12,096,000 | 12,114,000 | 12,017,000 | 13,533,000 | 13,713,000 | 12,600,000 | 11,281,000 | 11,148,000 | 12,018,000 | 11,524,000 | 11,643,000 | 11,905,000 | 11,256,000 | 11,351,000 | 11,349,000 | 11,298,000 | 11,363,000 | 11,691,000 | 11,342,000 | 10,939,000 | 11,626,000 | 10,817,000 | 11,035,000 | 10,888,000 | 11,131,000 | 10,811,000 | 10,440,000 | 10,458,000 | 10,256,000 | 10,309,000 | 10,180,000 | 9,814,000 | 10,492,000 | 12,472,000 | 16,352,000 | 10,296,000 | 10,268,000 | 9,770,000 | 9,778,000 | 10,092,000 | 8,512,000 | 8,472,000 | 8,324,000 | 7,109,000 | 7,031,000 | 7,317,000 | 7,073,000 | 7,056,000 | 7,084,000 | 7,083,000 | 7,041,000 | 7,364,000 | 8,487,000 | 6,989,000 | 6,943,000 | 6,988,000 | 6,525,000 | 6,503,000 | 6,448,000 | ||||||||||||||||||||
general and administrative | 6,658,000 | 6,415,000 | 6,012,000 | 7,501,000 | 5,680,000 | 6,102,000 | 5,784,000 | 7,334,000 | 5,179,000 | 5,678,000 | 5,268,000 | 6,404,000 | 5,555,000 | 5,665,000 | 4,768,000 | 6,018,000 | 4,626,000 | 4,929,000 | 4,678,000 | 5,317,000 | 4,107,000 | 4,632,000 | 5,050,000 | 6,097,000 | 4,742,000 | 5,140,000 | 4,814,000 | 5,251,000 | 4,141,000 | 4,647,000 | 4,420,000 | 4,998,000 | 4,363,000 | 4,514,000 | 4,301,000 | 4,996,000 | 4,033,000 | 4,407,000 | 4,060,000 | 4,641,000 | 3,802,000 | 4,139,000 | 3,771,000 | 4,421,000 | 3,837,000 | 4,023,000 | 4,680,000 | 4,121,000 | 3,501,000 | 3,925,000 | 3,404,000 | 3,971,000 | 3,272,000 | 3,784,000 | 3,247,000 | 3,854,000 | 3,293,000 | 3,943,000 | 3,166,000 | 4,013,000 | 3,417,000 | 3,689,000 | 2,849,000 | 3,628,000 | 3,259,000 | 3,280,000 | 2,789,000 | 3,417,000 | 2,791,000 | 3,190,000 | 2,923,000 | 3,352,000 | 2,636,000 | 3,188,000 | 2,490,000 | 2,699,000 | 2,416,000 | 2,564,000 | 2,463,000 | 2,533,000 | 2,484,000 | 2,334,000 | 2,234,000 | 2,475,000 | 2,090,000 | 2,121,000 | 1,756,000 |
total expenses | 58,008,000 | 56,773,000 | 59,008,000 | 57,566,000 | 47,696,000 | 47,634,000 | 48,429,000 | 49,220,000 | 47,055,000 | 46,520,000 | 45,386,000 | 46,945,000 | 45,574,000 | 43,296,000 | 44,653,000 | 44,390,000 | 43,371,000 | 43,885,000 | 45,929,000 | 46,886,000 | 45,157,000 | 43,012,000 | 40,114,000 | 41,105,000 | 41,724,000 | 41,391,000 | 42,673,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of property | 120,000 | 181,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 13,996,000 | 14,181,000 | 12,848,000 | 10,358,000 | 19,592,000 | 19,490,000 | 18,263,000 | 17,463,000 | 16,711,000 | 17,189,000 | 17,663,000 | 15,391,000 | 15,513,000 | 16,997,000 | 17,491,000 | 15,850,000 | 16,885,000 | 16,119,000 | 12,795,000 | 11,676,000 | 11,603,000 | 10,208,000 | 16,829,000 | 15,041,000 | 15,328,000 | 16,750,000 | 17,077,000 | 15,509,000 | 16,702,000 | 15,902,000 | 14,947,000 | 14,488,000 | 14,385,000 | 14,421,000 | 17,374,000 | 14,376,000 | 12,723,000 | 13,247,000 | 16,374,000 | 14,085,000 | 13,232,000 | 12,933,000 | 12,681,000 | 12,310,000 | 12,480,000 | 20,487,000 | 12,711,000 | 12,174,000 | 11,508,000 | 7,762,000 | 3,398,000 | 11,461,000 | 9,404,000 | 9,595,000 | 9,320,000 | 8,815,000 | 6,000,000 | 7,147,000 | 8,332,000 | 8,870,000 | 15,503,000 | 6,238,000 | 12,574,000 | 11,417,000 | 11,349,000 | 8,914,000 | 11,550,000 | 10,814,000 | 9,521,000 | 10,229,000 | 9,130,000 | 9,279,000 | 9,624,000 | 8,926,000 | 8,874,000 | 8,855,000 | 8,321,000 | 7,797,000 | 7,707,000 | 7,890,000 | 7,856,000 | 6,871,000 | 6,610,000 | 6,228,000 | 7,355,000 | 6,286,000 | 6,305,000 |
yoy | -28.56% | -27.24% | -29.65% | -40.69% | 17.24% | 13.39% | 3.40% | 13.46% | 7.72% | 1.13% | 0.98% | -2.90% | -8.13% | 5.45% | 36.70% | 35.75% | 45.52% | 57.91% | -23.97% | -22.37% | -24.30% | -39.06% | -1.45% | -3.02% | -8.23% | 5.33% | 14.25% | 7.05% | 16.11% | 10.27% | -13.97% | 0.78% | 13.06% | 8.86% | 6.11% | 2.07% | -3.85% | 2.43% | 29.12% | 14.42% | 6.03% | -36.87% | -0.24% | 1.12% | 8.45% | 163.94% | 274.07% | 6.22% | 22.37% | -19.10% | -63.54% | 30.02% | 56.73% | 34.25% | 11.86% | -0.62% | -61.30% | 14.57% | -33.74% | -22.31% | 36.60% | -30.02% | 8.87% | 5.58% | 19.20% | -12.86% | 26.51% | 16.54% | -1.07% | 14.60% | 2.88% | 4.79% | 15.66% | 14.48% | 15.14% | 12.23% | 5.92% | 13.48% | 16.60% | 26.69% | 6.81% | 9.31% | 4.84% | ||||
qoq | -1.30% | 10.38% | 24.04% | -47.13% | 0.52% | 6.72% | 4.58% | 4.50% | -2.78% | -2.68% | 14.76% | -0.79% | -8.73% | -2.82% | 10.35% | -6.13% | 4.75% | 25.98% | 9.58% | 0.63% | 13.67% | -39.34% | 11.89% | -1.87% | -8.49% | -1.91% | 10.11% | -7.14% | 5.03% | 6.39% | 3.17% | 0.72% | -0.25% | -17.00% | 20.85% | 12.99% | -3.96% | -19.10% | 16.25% | 6.45% | 2.31% | 1.99% | 3.01% | -1.36% | -39.08% | 61.18% | 4.41% | 5.79% | 48.26% | 128.43% | -70.35% | 21.87% | -1.99% | 2.95% | 5.73% | 46.92% | -16.05% | -14.22% | -6.07% | -42.79% | 148.53% | -50.39% | 10.13% | 0.60% | 27.32% | -22.82% | 6.81% | 13.58% | -6.92% | 12.04% | -1.61% | -3.58% | 7.82% | 0.59% | 0.21% | 6.42% | 6.72% | 1.17% | -2.32% | 0.43% | 14.34% | 3.95% | 6.13% | -15.32% | 17.01% | -0.30% | |
net income margin % | 19.44% | 20.02% | 17.88% | 15.25% | 29.12% | 29.11% | 27.38% | 26.19% | 26.21% | 26.98% | 28.01% | 24.69% | 25.39% | 28.19% | 28.15% | 26.31% | 28.02% | 26.86% | 21.79% | 20.03% | 20.44% | 19.18% | 29.55% | 26.58% | 26.87% | 28.81% | 28.58% | 26.46% | 25.56% | 25.58% | 25.79% | 29.72% | 26.52% | 23.90% | 25.13% | 28.76% | 26.62% | 25.26% | 25.01% | 24.35% | 24.01% | 24.67% | 39.18% | 24.01% | 24.28% | 23.13% | 15.90% | 6.91% | 23.91% | 19.78% | 20.19% | 19.79% | 18.77% | 13.99% | 16.71% | 19.92% | 22.01% | 39.20% | 15.55% | 28.81% | 27.36% | 28.18% | 22.62% | 29.10% | 26.65% | 23.25% | 25.51% | 23.58% | 23.91% | 25.32% | 24.07% | 24.19% | 24.66% | 23.87% | 23.10% | 23.03% | 24.07% | 23.68% | 22.34% | 21.81% | 21.06% | 25.32% | 22.54% | 23.94% | |||
noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to noncontrolling interests | -3,507,000 | -3,461,000 | -3,049,000 | -2,268,000 | -5,111,000 | -5,042,000 | -4,633,000 | -4,257,000 | -3,892,000 | -4,027,000 | -4,161,000 | -3,528,000 | -3,563,000 | -3,981,000 | -4,126,000 | -3,607,000 | -3,747,000 | -3,373,000 | -2,533,000 | -2,253,000 | -2,236,000 | -1,880,000 | -3,565,000 | -2,223,000 | -3,102,000 | -3,518,000 | -3,630,000 | -3,240,000 | -3,547,000 | -3,359,000 | -2,359,000 | -2,928,000 | -2,902,000 | -2,911,000 | -3,670,000 | -2,911,000 | -2,484,000 | -2,620,000 | -3,426,000 | -2,835,000 | -2,617,000 | -2,537,000 | -2,474,000 | -1,814,000 | -2,374,000 | -2,278,000 | -2,110,000 | -1,978,000 | -1,456,000 | -1,516,000 | -1,456,000 | -1,293,000 | -496,000 | -749,000 | -1,023,000 | -1,164,000 | -2,672,000 | ||||||||||||||||||||||||||||||
net income attributable to saul centers, inc. | 10,489,000 | 10,720,000 | 9,799,000 | 8,090,000 | 14,481,000 | 14,448,000 | 13,630,000 | 13,206,000 | 12,819,000 | 13,162,000 | 13,502,000 | 11,863,000 | 11,950,000 | 13,016,000 | 13,365,000 | 12,243,000 | 13,138,000 | 12,746,000 | 10,262,000 | 9,423,000 | 9,367,000 | 8,328,000 | 13,264,000 | 12,818,000 | 12,226,000 | 13,232,000 | 13,447,000 | 12,269,000 | 13,155,000 | 12,543,000 | 12,588,000 | 11,560,000 | 11,483,000 | 11,510,000 | 13,704,000 | 11,465,000 | 10,239,000 | 10,627,000 | 12,948,000 | 11,250,000 | 10,615,000 | 10,396,000 | 10,207,000 | 10,496,000 | 10,106,000 | 16,054,000 | 10,287,000 | 9,896,000 | 9,398,000 | 6,594,000 | 4,984,000 | 9,483,000 | 7,948,000 | 8,079,000 | 7,864,000 | 7,522,000 | 5,504,000 | 6,398,000 | 7,309,000 | 7,706,000 | 12,831,000 | 5,673,000 | 10,553,000 | 9,646,000 | 9,607,000 | 7,719,000 | 9,741,000 | ||||||||||||||||||||
preferred stock dividends | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,799,000 | -2,798,000 | -2,800,000 | -2,798,000 | -2,798,000 | -2,798,000 | -3,119,000 | -3,210,000 | -2,953,000 | -2,953,000 | -2,953,000 | -2,953,000 | -2,953,000 | -3,403,000 | -2,320,250 | -3,093,000 | -3,094,000 | -3,094,000 | -2,320,250 | -3,093,000 | -3,094,000 | -3,094,000 | -2,320,250 | -3,093,000 | -3,094,000 | -3,094,000 | -2,404,750 | -3,206,000 | -3,207,000 | -3,206,000 | -2,694,250 | -3,206,000 | -3,207,000 | -4,364,000 | ||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 7,691,000 | 7,921,000 | 7,001,000 | 5,291,000 | 11,683,000 | 11,649,000 | 10,832,000 | 10,407,000 | 10,021,000 | 10,363,000 | 10,704,000 | 9,064,000 | 9,152,000 | 10,217,000 | 10,567,000 | 9,444,000 | 10,340,000 | 9,947,000 | 7,464,000 | 6,623,000 | 6,569,000 | 5,530,000 | 10,466,000 | 6,464,000 | 9,016,000 | 10,279,000 | 10,494,000 | 9,316,000 | 10,202,000 | 9,590,000 | 6,857,000 | 5,698,000 | 4,163,000 | 4,294,000 | 4,079,000 | 3,737,000 | 1,719,000 | 2,613,000 | 3,524,000 | 3,921,000 | 9,046,000 | 1,888,000 | 6,768,000 | 5,861,000 | 5,822,000 | 3,934,000 | 7,029,000 | 5,736,000 | 6,443,000 | 7,033,000 | 7,279,000 | 7,624,000 | 6,926,000 | 6,874,000 | 6,855,000 | 6,321,000 | 5,797,000 | 5,707,000 | 5,890,000 | 5,856,000 | 4,871,000 | 4,610,000 | |||||||||||||||||||||||||
per share net income available to common stockholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.32 | 0.33 | 0.355 | 0.48 | 0.48 | 0.45 | 0.44 | 0.42 | 0.43 | 0.45 | 0.38 | 0.38 | 0.43 | 0.44 | 0.293 | 0.44 | 0.42 | 0.32 | 0.243 | 0.28 | 0.24 | 0.45 | 0.325 | 0.39 | 0.45 | 0.46 | 0.298 | 0.45 | 0.43 | 0.31 | 0.313 | 0.38 | 0.38 | 0.49 | 0.285 | 0.33 | 0.35 | 0.46 | 0.26 | 0.36 | 0.35 | 0.34 | 0.323 | 0.33 | 0.62 | 0.34 | 0.37 | 0.29 | 0.28 | ||||||||||||||||||||||||||||||||||||||
per share net income available to common stockholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted: | 0.29 | 0.16 | 0.21 | 0.22 | 0.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of debt | 648,000 | -497,000 | -926,000 | 0 | -4,479,000 | -550,000 | -1,660,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of lease costs | 9,224,750 | 12,195,000 | 12,377,000 | 12,327,000 | 9,463,000 | 12,467,000 | 12,637,000 | 12,748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of derivatives | -1,000 | 10,000 | -12,000 | 72,000 | -1,000 | -1,000 | 3,000 | 1,000 | -3,000 | -7,000 | 2,000 | -6,000 | -6,000 | -4,000 | 1,000 | -5,000 | -2,000 | -114,000 | 46,000 | 51,000 | 10,000 | 38,000 | 17,000 | -16,000 | -3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of property | 127,250 | 509,000 | 2,750 | 11,000 | 1,517,250 | 6,069,000 | 264,250 | 1,057,000 | 3,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
extinguishment of issuance costs upon redemption of preferred shares | -2,328,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share outstanding | 0.398 | 0.53 | 0.53 | 0.53 | 0.39 | 0.52 | 0.52 | 0.52 | 0.383 | 0.51 | 0.51 | 0.51 | 0.353 | 0.47 | 0.47 | 0.47 | 0.323 | 0.43 | 0.43 | 0.43 | 0.3 | 0.4 | 0.4 | 0.4 | 0.27 | 0.36 | 0.27 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.39 | ||||||||||||||||||||||||||||||||||||||||||||||
property revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
base rent | 46,685,000 | 46,189,000 | 45,943,000 | 45,867,000 | 45,705,000 | 45,385,000 | 45,575,000 | 44,476,000 | 44,043,000 | 43,151,000 | 42,580,000 | 42,607,000 | 42,517,000 | 42,431,000 | 41,876,000 | 41,479,000 | 41,546,000 | 41,452,000 | 41,038,000 | 40,563,000 | 40,495,000 | 40,110,000 | 39,553,000 | 39,740,000 | 38,686,000 | 38,403,000 | 38,100,000 | 37,588,000 | 37,625,000 | 34,390,000 | 34,193,000 | 32,697,000 | 31,805,000 | 31,243,000 | 31,834,000 | 31,695,000 | 32,273,000 | 31,776,000 | 31,131,000 | 30,665,000 | 31,400,000 | 31,466,000 | 31,751,000 | 30,382,000 | 30,190,000 | 30,064,000 | 29,531,000 | 29,021,000 | 28,295,000 | 27,736,000 | 27,190,000 | 26,900,000 | 25,784,000 | 25,023,000 | 24,509,000 | 24,132,000 | 23,774,000 | 23,324,000 | 22,751,000 | 21,276,000 | |||||||||||||||||||||||||||
expense recoveries | 8,955,000 | 9,209,000 | 8,601,000 | 8,771,000 | 8,969,000 | 9,447,000 | 8,337,000 | 8,594,000 | 8,258,000 | 8,561,000 | 7,892,000 | 9,558,000 | 8,201,000 | 8,181,000 | 7,797,000 | 8,732,000 | 7,784,000 | 7,734,000 | 7,825,000 | 8,789,000 | 8,024,000 | 7,848,000 | 7,463,000 | 7,614,000 | 7,650,000 | 7,576,000 | 7,456,000 | 7,709,000 | 7,203,000 | 6,994,000 | 6,791,000 | 7,426,000 | 6,951,000 | 6,938,000 | 6,928,000 | 8,727,000 | 7,689,000 | 7,145,000 | 7,048,000 | 7,580,000 | 7,336,000 | 7,652,000 | 6,945,000 | 7,133,000 | 6,572,000 | 6,638,000 | 6,282,000 | 6,598,000 | 5,914,000 | 5,802,000 | 5,407,000 | 5,513,000 | 5,343,000 | 5,004,000 | 4,700,000 | 4,980,000 | 4,352,000 | 4,448,000 | 4,018,000 | 3,894,000 | |||||||||||||||||||||||||||
percentage rent | 208,000 | 119,000 | 249,000 | 418,000 | 490,000 | 67,000 | 519,000 | 382,000 | 363,000 | 57,000 | 596,000 | 363,000 | 455,000 | 157,000 | 558,000 | 438,000 | 400,000 | 187,000 | 453,000 | 452,000 | 422,000 | 215,000 | 338,000 | 600,000 | 427,000 | 259,000 | 453,000 | 406,000 | 473,000 | 209,000 | 453,000 | 375,000 | 531,000 | 238,000 | 331,000 | 358,000 | 551,000 | 214,000 | 328,000 | 233,000 | 710,000 | 253,000 | 232,000 | 314,000 | 734,000 | 249,000 | 312,000 | 202,000 | 843,000 | 326,000 | 272,000 | 326,000 | 639,000 | 407,000 | 507,000 | 504,000 | 491,000 | 440,000 | 260,000 | 444,000 | |||||||||||||||||||||||||||
total property revenue | 58,274,000 | 57,011,000 | 56,224,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from credit losses | 155,000 | 101,000 | 143,000 | 286,000 | 304,000 | 52,000 | 207,000 | 343,000 | 287,000 | 391,000 | 384,000 | 432,000 | -366,000 | 621,000 | 414,000 | 246,000 | 200,000 | 170,000 | 107,000 | 203,000 | 228,000 | 191,000 | 285,000 | 264,000 | 390,000 | 168,000 | 241,000 | 352,000 | 255,000 | 595,000 | 518,000 | 515,000 | 638,000 | 345,000 | 157,000 | 197,000 | 171,000 | 189,000 | 232,000 | 327,000 | 453,000 | 236,000 | 241,000 | 183,000 | 96,000 | 65,000 | 103,000 | 112,000 | 98,000 | 115,000 | 107,000 | 80,000 | 54,000 | 50,000 | 79,000 | 54,000 | 189,000 | 131,000 | 99,000 | 69,000 | |||||||||||||||||||||||||||
total property expenses | 14,408,000 | 13,948,000 | 13,653,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating income | 43,866,000 | 43,063,000 | 42,571,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other revenue | 54,000 | 48,000 | 69,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense and amortization of deferred debt costs | 11,254,000 | 11,022,000 | 11,237,000 | 11,526,000 | 11,640,000 | 11,821,000 | 11,900,000 | 11,864,000 | 11,415,000 | 11,524,000 | 11,655,000 | 11,089,000 | 11,177,000 | 11,229,000 | 11,353,000 | 11,406,000 | 11,497,000 | 11,584,000 | 11,486,000 | 11,467,000 | 11,425,000 | 11,738,000 | 11,709,000 | 11,717,000 | 11,884,000 | 12,322,000 | 12,567,000 | 12,771,000 | 12,761,000 | 11,250,000 | 11,170,000 | 10,294,000 | 8,699,000 | 8,781,000 | 8,887,000 | 8,591,000 | 8,769,000 | 8,942,000 | 8,782,000 | 8,196,000 | 8,705,000 | 8,604,000 | |||||||||||||||||||||||||||||||||||||||||||||
total other incomes | 28,410,000 | 26,419,000 | 27,235,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 15,510,000 | 16,692,000 | 15,405,000 | 14,947,000 | 14,416,000 | 14,386,000 | 14,422,000 | 17,374,000 | 13,360,000 | 12,722,000 | 13,250,000 | 16,381,000 | 14,083,000 | 13,238,000 | 12,922,000 | 12,687,000 | 12,314,000 | 12,479,000 | 14,423,000 | 12,713,000 | 12,112,000 | 12,058,000 | 7,711,000 | 3,388,000 | 9,180,000 | 8,111,000 | 9,611,000 | 9,323,000 | 8,747,000 | 8,656,000 | 8,193,000 | 8,406,000 | 10,049,000 | 10,411,000 | 10,717,000 | 8,368,250 | 11,349,000 | 10,574,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
yoy | 7.59% | 16.03% | 6.82% | -13.97% | 7.90% | 13.08% | 8.85% | 6.06% | -5.13% | -3.90% | 2.54% | 29.12% | 14.37% | 6.08% | -10.41% | -0.20% | 1.67% | 3.49% | 87.04% | 275.24% | 31.94% | 48.66% | -19.77% | -63.66% | 4.95% | -6.30% | 17.31% | 10.91% | -12.96% | -16.86% | -23.55% | 20.08% | -8.27% | 1.35% | |||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | -7.08% | 8.35% | 3.06% | 3.68% | 0.21% | -0.25% | -16.99% | 30.04% | 5.01% | -3.98% | -19.11% | 16.32% | 6.38% | 2.45% | 1.85% | 3.03% | -1.32% | -13.48% | 13.45% | 4.96% | 0.45% | 56.37% | 127.60% | -63.09% | 13.18% | -15.61% | 3.09% | 6.59% | 1.05% | 5.65% | -2.53% | -16.35% | -3.48% | -2.86% | -26.26% | 7.33% | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 26.46% | 25.44% | 25.58% | 25.80% | 29.72% | 24.65% | 23.90% | 25.14% | 28.78% | 26.62% | 25.27% | 24.99% | 24.36% | 24.02% | 24.66% | 27.58% | 24.01% | 24.15% | 24.23% | 15.80% | 6.89% | 19.15% | 17.06% | 20.23% | 19.79% | 18.62% | 20.19% | 19.15% | 20.10% | 24.94% | 26.32% | 26.71% | 0% | 20.05% | 28.18% | 26.83% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 41,549,000 | 42,259,000 | 41,851,000 | 41,485,000 | 41,092,000 | 40,841,000 | 40,511,000 | 39,460,000 | 40,545,000 | 38,819,000 | 39,138,000 | 38,789,000 | 39,401,000 | 38,950,000 | 38,116,000 | 37,863,000 | 40,234,000 | 38,034,000 | 37,698,000 | 41,098,000 | 45,798,000 | 38,754,000 | 39,423,000 | 37,909,000 | 37,781,000 | 38,223,000 | 34,222,000 | 34,586,000 | 33,414,000 | 30,246,000 | 29,140,000 | 29,404,000 | 31,074,000 | 30,097,000 | 28,924,000 | 28,842,000 | 28,139,000 | 28,718,000 | 29,683,000 | 27,930,000 | 27,649,000 | 27,470,000 | 26,058,000 | 26,000,000 | 25,675,000 | 24,915,000 | 24,532,000 | 24,100,000 | 23,958,000 | 23,034,000 | 23,488,000 | 21,800,000 | 21,668,000 | 21,313,000 | 20,251,000 | 19,559,000 | 18,012,000 | ||||||||||||||||||||||||||||||
acquisition related costs | 3,000 | 57,000 | 6,000 | 57,000 | 21,000 | 211,000 | 359,000 | 216,000 | 163,000 | 205,000 | -99,000 | -21,000 | -2,439,000 | -74,000 | -1,009,000 | -170,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 6,854,000 | 8,390,000 | 8,416,000 | 10,610,000 | 6,133,250 | 7,146,000 | 7,533,000 | 9,854,000 | 5,484,250 | 7,522,000 | 7,302,000 | 7,113,000 | 6,707,000 | 6,900,000 | 12,847,000 | 7,081,000 | 1,242,750 | 6,192,000 | 3,387,000 | -4,608,000 | 5,956,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share net income attributable to common stockholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.32 | 0.33 | 0.355 | 0.48 | 0.48 | 0.45 | 0.44 | 0.42 | 0.43 | 0.45 | 0.38 | 0.38 | 0.43 | 0.44 | 0.293 | 0.44 | 0.42 | 0.32 | 0.243 | 0.28 | 0.24 | 0.45 | 0.325 | 0.39 | 0.45 | 0.46 | 0.298 | 0.45 | 0.43 | 0.31 | 0.313 | 0.38 | 0.38 | 0.49 | 0.285 | 0.33 | 0.35 | 0.46 | 0.26 | 0.36 | 0.35 | 0.34 | 0.323 | 0.33 | 0.62 | 0.34 | 0.37 | 0.29 | 0.28 | ||||||||||||||||||||||||||||||||||||||
predevelopment expenses | 75,000 | 57,000 | 503,000 | 268,000 | 60,000 | 1,233,000 | 2,349,000 | 797,000 | 1,870,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock redemption | -5,228,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) loss attributable to noncontrolling interests | -4,433,000 | -2,424,000 | -1,168,000 | 1,586,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on casualty settlement | 219,000 | 47,000 | 198,000 | 775,000 | 1,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 12,174,000 | 11,508,000 | 7,762,000 | 3,398,000 | 8,815,000 | 6,000,000 | 7,147,000 | 8,332,000 | 8,889,000 | 11,941,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share net income attributable to common stockholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 0.33 | 0.3 | 0.17 | -0.23 | 0.19 | 0.09 | 0.14 | 0.19 | 0.21 | 0.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | -19,000 | 3,562,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred dividends | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,785,000 | -3,786,000 | -2,097,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in fair value of derivatives | 42,000 | -217,000 | -1,244,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations of property sold | -19,000 | -29,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations, including gain on sale of real estate | 0.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income attributable to the noncontrolling interest | -565,000 | -2,021,000 | -1,771,000 | -1,742,000 | -1,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share net income available to common stockholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.1 | 0.32 | 0.33 | 0.22 | 0.33 | 0.39 | 0.32 | 0.36 | 0.4 | 0.41 | 0.43 | 0.4 | 0.39 | 0.4 | 0.37 | 0.34 | 0.34 | 0.35 | 0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.1 | 0.32 | 0.32 | 0.22 | 0.33 | 0.39 | 0.32 | 0.36 | 0.39 | 0.41 | 0.43 | 0.39 | 0.39 | 0.39 | 0.37 | 0.34 | 0.33 | 0.35 | 0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on property dispositions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income before gain on property dispositions | 11,550,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-operating item: gain on property dispositions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to the noncontrolling interest | -1,809,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share net income attributable to common stockholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.1 | 0.32 | 0.33 | 0.22 | 0.33 | 0.39 | 0.32 | 0.36 | 0.4 | 0.41 | 0.43 | 0.4 | 0.39 | 0.4 | 0.37 | 0.34 | 0.34 | 0.35 | 0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.1 | 0.32 | 0.32 | 0.22 | 0.33 | 0.39 | 0.32 | 0.36 | 0.39 | 0.41 | 0.43 | 0.39 | 0.39 | 0.39 | 0.37 | 0.34 | 0.33 | 0.35 | 0.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions declared per common share outstanding | 0.39 | 0.39 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.44 | 0.44 | 0.42 | 0.42 | 0.42 | 0.42 | 0.42 | 0.42 | 0.4 | 0.39 | 0.39 | 0.39 | 0.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense and amortization of deferred debt | 6,469,250 | 8,568,000 | 8,739,000 | 8,497,000 | 8,325,000 | 8,294,000 | 8,298,000 | 8,145,000 | 8,072,000 | 8,019,000 | 7,658,000 | 7,525,000 | 7,615,000 | 7,409,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income before minority interests and gain on sale of property | 8,628,000 | 11,264,000 | 12,175,000 | 11,073,000 | 9,740,000 | 9,694,000 | 8,256,000 | 8,793,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-operating item: gain on property disposition | 51,250 | 205,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net operating income before minority interests | 12,949,000 | 11,264,000 | 12,175,000 | 11,278,000 | 9,740,000 | 9,694,000 | 8,952,000 | 8,639,000 | 8,329,000 | 8,329,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority share of income | -2,135,000 | -1,743,000 | -1,946,000 | -2,148,000 | -2,200,000 | -2,332,000 | -2,151,000 | -2,135,000 | -2,133,000 | -2,007,000 | -1,851,000 | -1,802,000 | -1,850,000 | -1,838,000 | -1,656,000 | -1,593,000 | -1,500,000 | -1,784,000 | -1,545,000 | -1,557,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income before minority interests | 8,510,500 | 11,956,000 | 11,077,000 | 11,009,000 | 7,371,250 | 10,328,000 | 9,648,000 | 9,509,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of leasing costs | 6,409,000 | 6,463,000 | 6,400,000 | 6,376,000 | 5,888,000 | 7,162,000 | 5,532,000 | 5,615,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions in excess of earnings | -425,000 | -436,000 | -528,000 | -226,000 | -498,000 | -467,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interests | -2,133,000 | -2,007,000 | -1,851,000 | -1,802,000 | -1,850,000 | -1,838,000 | -2,081,000 | -2,029,000 | -2,028,000 | -2,010,000 | -2,043,000 | -2,024,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and amortization of deferred debt expense | 4,977,000 | 7,008,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 5,828,000 | 5,511,000 | 5,347,000 | 4,638,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-operating item gain on sale of property | 572,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests | 8,256,000 | 9,365,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common shareholders | 3,486,500 | 5,355,000 | 4,286,000 | 4,305,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.218 | 0.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dilutive | 0.215 | 0.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 6,407,000 | 6,049,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred debt expense | 227,000 | 217,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.