Revenue

Adjusted Funds from Operations – AFFO (per diluted share)

Weighted Average Common Shares Outstanding

Three Months Ended
12/31/2020 12/31/2019 Change (%)
Basic 98,105 96,881 1.3%   98,082 93,387 5.0%
Diluted 98,211 97,006 1.2%   98,164 93,485 5.0%

Net Operating Income – NOI

Three Months Ended
12/31/2020 12/31/2019 Change (%)
Net Operating Income – NOI $36,529 $34,467 6.0%   $140,736 $131,195 7.3%
Basic $0.37 $0.36 2.8%   $1.43 $1.40 2.1%
Diluted 0.37 0.36 2.8%   1.43 1.40 2.1%

Funds From Operations – FFO

Three Months Ended
12/31/2020 12/31/2019 Change (%)
Funds From Operations – FFO $18,880 $19,322 (2.3)%   $78,483 $81,197 (3.3)%
Basic $0.19 $0.20 (5.0)%   $0.80 $0.87 (8.0)%
Diluted 0.19 0.20 (5.0)%   0.80 0.87 (8.0)%

Adjusted Funds From Operations – AFFO

Three Months Ended
12/31/2020 12/31/2019 Change (%)
Adjusted Funds From Operations – AFFO $18,170 $19,934 (8.8)%   $76,939 $79,695 (3.5)%
Basic $0.19 $0.21 (9.5)%   $0.78 $0.85 (8.2)%
Diluted 0.19 0.21 (9.5)%   0.78 0.85 (8.2)%

Dividends Declared per Common Share

Three Months Ended
12/31/2020 12/31/2019  
Dividends Declared per Common Share $0.17 $0.17     $0.68 $0.68