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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Base rent $ 345,022 $ 298,585 $ 285,716
Recoveries from tenants 169,668 139,537 124,853
Other revenues 14,011 14,278 7,023
Total revenues 528,701 452,400 417,592
Expenses:      
Property operating costs 154,064 130,051 117,339
Real estate taxes and insurance 20,180 21,335 14,195
Depreciation and amortization 107,781 104,044 96,780
General and administrative 23,043 18,064 17,181
Impairment of Long-Lived Assets to be Disposed of 0 122,472 0
Other expenses 11,781 16,859 9,222
Total expenses 316,849 412,825 254,717
Operating income 211,852 39,575 162,875
Interest:      
Expense incurred (48,294) (40,510) (33,583)
Amortization of deferred financing costs (3,712) (3,151) (2,980)
Gain (Loss) on Disposition of Property Plant Equipment 22,833 0 0
Loss on early extinguishment of debt (1,232) 0 (1,701)
Net (loss) income 181,447 (4,086) 124,611
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable 24,248 (5,993) 18,704
Net (loss) income attributable to controlling interests 157,199 1,907 105,907
Preferred stock dividends (20,739) (27,245) (27,245)
Other Preferred Stock Dividends and Adjustments (12,495) 0 0
Net (loss) income attributable to common shares 123,965 (25,338) 78,662
Net income attributable to common units $ 148,213 $ (31,331) $ 97,366
Earnings per share – basic:      
Net income attributable to common shares $ 1.69 $ (0.40) $ 1.19
Weighted average common shares outstanding 73,003,164 65,184,013 65,486,108
Earnings per share – diluted:      
Net income attributable to common shares $ 1.67 $ (0.40) $ 1.18
Weighted average common shares outstanding 73,839,036 65,184,013 66,086,379
Earnings per unit – basic:      
Net income attributable to common units $ 1.69 $ (0.40) $ 1.19
Earnings per unit – diluted:      
Net income attributable to common units $ 1.67 $ (0.40) $ 1.18
Subsidiaries [Member]      
Revenues:      
Base rent $ 345,022 $ 298,585 $ 285,716
Recoveries from tenants 169,668 139,537 124,853
Other revenues 14,011 14,278 7,023
Total revenues 528,701 452,400 417,592
Expenses:      
Property operating costs 154,064 130,051 117,339
Real estate taxes and insurance 20,180 21,335 14,195
Depreciation and amortization 107,781 104,044 96,780
General and administrative 23,043 18,064 17,181
Impairment of Long-Lived Assets to be Disposed of 0 122,472 0
Other expenses 11,781 16,859 9,222
Total expenses 316,849 412,825 254,717
Operating income 211,852 39,575 162,875
Interest:      
Expense incurred (48,294) (40,510) (33,583)
Amortization of deferred financing costs (3,712) (3,151) (2,980)
Gain (Loss) on Disposition of Property Plant Equipment 22,833 0 0
Loss on early extinguishment of debt (1,232) 0 (1,701)
Net (loss) income 181,447 (4,086) 124,611
Preferred stock dividends (20,739) (27,245) (27,245)
Other Preferred Stock Dividends and Adjustments (12,495) 0 0
Net income attributable to common units $ 148,213 $ (31,331) $ 97,366
Earnings per unit – basic:      
Net income attributable to common units $ 1.69 $ (0.40) $ 1.19
Weighted average common units outstanding 87,284,564 80,599,199 81,053,127
Earnings per unit – diluted:      
Net income attributable to common units $ 1.67 $ (0.40) $ 1.18
Weighted average common units outstanding 88,120,436 80,599,199 81,653,398