Rental revenues: The increase in Rental Revenues of $5.0 million or 20.4% is due to higher income from the purchase of additional properties, annual lease escalations, and lease renewals.
For the quarters ended June 30, 2024, and June 30, 2023:
FFO was $15.2 million and $12.7 million, respectively.
AFFO was $14.3 million and $13.4 million, respectively.
Net income was $7.0 million and $5.7 million, respectively.
Rental income received was $29.2 million and $21.8 million, respectively.