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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Revenues $ 251,350 $ 224,186
Operating Expenses    
General and administrative expenses 10,335 9,832
Depreciation and amortization 97,777 79,873
Total operating expenses 187,132 160,709
Operating income 64,218 63,477
Other income 1,989 2,898
Other expenses (1,396) (1,845)
Income from unconsolidated Funds 323 1,551
Interest expense (35,420) (33,293)
Net income 29,714 32,788
Less: Net income attributable to noncontrolling interests (2,791) (4,087)
Net income attributable to common stockholders $ 26,923 $ 28,701
Net income per common share – basic and diluted (usd per share) $ 0.15 $ 0.17
Office rental    
Revenues    
Revenues $ 219,889 $ 197,290
Operating Expenses    
Expenses 69,664 63,449
Office rental | Rental revenues and tenant recoveries    
Revenues    
Revenues 185,827 167,235
Office rental | Parking and other income    
Revenues    
Revenues 34,062 30,055
Multifamily rental    
Revenues    
Revenues 31,461 26,896
Operating Expenses    
Expenses 9,356 7,555
Multifamily rental | Rental revenues    
Revenues    
Revenues 29,086 24,893
Multifamily rental | Parking and other income    
Revenues    
Revenues $ 2,375 $ 2,003