Revenue

Adjusted Funds from Operations – AFFO (per diluted share)

Weighted Average Common Shares Outstanding

Three Months Ended   Six Months Ended
3/31/2021 3/31/2020 Change (%)   3/31/2021 3/31/2020 Change (%)
Basic 98,298 97,864 0.4%   98,200 97,370 0.9%
Diluted 98,496 97,941 0.6%   98,352 97,466 0.9%

Net Operating Income – NOI

Three Months Ended   Six Months Ended
3/31/2021 3/31/2020 Change (%)   3/31/2021 3/31/2020 Change (%)
Net Operating Income – NOI $38,722 $35,045 10.5%   $75,250 $69,512 8.3%
Basic $0.39 $0.36 8.3%   $0.77 $0.71 8.5%
Diluted 0.39 0.36 8.3%   0.77 0.71 8.5%

Funds From Operations – FFO

Three Months Ended   Six Months Ended
3/31/2021 3/31/2020 Change (%)   3/31/2021 3/31/2020 Change (%)
Funds From Operations – FFO $20,639 $20,199 2.2%   $39,517 $39,520 0.0%
Basic $0.21 $0.21 0.0%   $0.40 $0.41 (2.4)%
Diluted 0.21 0.21 0.0%   0.40 0.41 (2.4)%

Adjusted Funds From Operations – AFFO

Three Months Ended   Six Months Ended
3/31/2021 3/31/2020 Change (%)   3/31/2021 3/31/2020 Change (%)
Adjusted Funds From Operations – AFFO $19,418 $19,352 0.3%   $37,833 $39,284 (3.7)%
Basic $0.20 $0.20 0.0%   $0.39 $0.40 (2.5)%
Diluted 0.20 0.20 0.0%   0.38 0.40 (5.0)%

Dividends Declared per Common Share

Three Months Ended   Six Months Ended
3/31/2021 3/31/2020   3/31/2021 3/31/2020  
Dividends Declared per Common Share $0.18 $0.17     $0.35 $0.34