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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Property rental $ 271,003 $ 247,886
Tenant reinsurance 29,797 27,034
Management fees and other income 10,746 10,565
Total revenues 311,546 285,485
Expenses:    
Property operations 78,765 72,753
Tenant reinsurance 6,967 5,607
General and administrative 22,678 21,464
Depreciation and amortization 54,659 51,749
Total expenses 163,069 151,573
Income from operations 148,477 133,912
Interest expense (47,360) (40,966)
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes (1,162) (1,209)
Interest income 1,388 1,438
Income before equity in earnings of unconsolidated real estate ventures and income tax expense 101,343 93,175
Equity in earnings of unconsolidated real estate ventures 2,630 3,597
Income tax expense (1,813) (1,342)
Net income 102,160 95,430
Net income allocated to Preferred Operating Partnership noncontrolling interests (3,163) (3,390)
Net income allocated to Operating Partnership and other noncontrolling interests (4,227) (3,784)
Net income attributable to common stockholders $ 94,770 $ 88,256
Earnings per common share    
Basic (in dollars per share) $ 0.74 $ 0.70
Diluted (in dollars per share) $ 0.74 $ 0.70
Weighted average number of shares    
Basic (in shares) 127,037,247 125,772,439
Diluted (in shares) 134,289,716 132,682,560
Cash dividends paid per common share (in dollars per share) $ 0.86 $ 0.78