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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Real estate rental revenue $ 73,227 $ 80,259 $ 222,889 $ 228,513
Expenses        
Real estate expenses 28,672 30,692 84,196 84,969
Depreciation and amortization 30,470 37,340 89,789 97,441
General and administrative expenses 6,330 6,461 17,963 19,803
Real estate impairment 0 0 0 8,374
Expenses 65,472 74,493 191,948 210,587
Loss on sale of real estate 0 0 (7,539) (1,046)
Real estate operating income 7,755 5,766 23,402 16,880
Other income (expense)        
Interest expense (8,711) (14,198) (28,307) (41,946)
Gain on extinguishment of debt 0 0 262 0
Total other expense (8,711) (14,198) (28,045) (41,946)
Loss from continuing operations (956) (8,432) (4,643) (25,066)
Discontinued operations:        
Income from operations of properties sold or held for sale 0 2,942 0 16,158
Gain on sale of real estate 0 339,024 0 339,024
Loss on extinguishment of debt 0 (764) 0 (764)
Income from discontinued operations 0 341,202 0 354,418
Net (loss) income (956) 332,770 (4,643) 329,352
Less: Net income attributable to noncontrolling interests in subsidiaries 0 0 0 0
Net (loss) income attributable to the controlling interests $ (956) $ 332,770 $ (4,643) $ 329,352
Basic net (loss) income attributable to the controlling interests per share:        
Continuing operations, basic (in dollars per share) $ (0.01) $ (0.10) $ (0.06) $ (0.31)
Discontinued operations, basic (in dollars per share) 0 4.24 0 4.41
Basic net (loss) income attributable to the controlling interests per share (in dollars per share) [1] (0.01) 4.14 (0.06) 4.10
Diluted net (loss) income attributable to the controlling interests per share:        
Continuing operations, diluted (in dollars per share) (0.01) (0.10) (0.06) (0.31)
Discontinued operations, diluted (in dollars per share) 0 4.24 0 4.41
Diluted net (loss) income attributable to the controlling interests per share (in dollars per share) [1] $ (0.01) $ 4.14 $ (0.06) $ 4.10
Weighted average shares outstanding - basic (in shares) 82,186 79,981 82,142 79,933
Weighted average shares outstanding - diluted (in shares) 82,186 79,981 82,142 79,933
Dividends declared per share (in dollars per share) $ 0.30 $ 0.30 $ 0.90 $ 0.90
Revenue, type [Extensible List] us-gaap:RealEstateMember us-gaap:RealEstateMember us-gaap:RealEstateMember us-gaap:RealEstateMember
Expenses, type [Extensible List] us-gaap:RealEstateMember us-gaap:RealEstateMember us-gaap:RealEstateMember us-gaap:RealEstateMember
[1] Earnings per share may not sum due to rounding