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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Rental income $ 174,777 $ 108,717
Expenses:    
Real estate taxes 18,392 12,964
Utility expenses 9,381 6,690
Other operating expenses 30,136 22,837
Depreciation and amortization 77,521 44,204
Loss on impairment of real estate 3,204 6,116
Acquisition and transaction related costs 584 0
General and administrative 8,723 9,606
Total expenses 147,941 102,417
Gain on sale of real estate 22,092 0
Dividend income 980 304
Unrealized gain on equity securities 22,128 12,931
Interest income 248 116
Interest expense (including net amortization of debt premiums and discounts and debt issuance costs of $2,841 and $965, respectively) (37,133) (22,766)
Loss on early extinguishment of debt (414) 0
Income before income tax expense and equity in earnings of an investee 34,737 (3,115)
Income tax expense (483) (32)
Equity in net losses of investees (235) (577)
Income (loss) from continuing operations 34,019 (3,724)
Income from discontinued operations 0 10,289
Net income 34,019 6,565
Other comprehensive loss:    
Unrealized loss on financial instrument (98) 0
Equity in unrealized gain (loss) of investees 66 (41)
Other comprehensive loss (32) (41)
Comprehensive income 33,987 6,524
Net income 34,019 6,565
Comprehensive income 0 (278)
Net income (loss) available for common shareholders $ 34,019 $ 6,287
Weighted average common shares outstanding (basic) (in shares) 48,031 24,760
Weighted average common shares outstanding (diluted) (in shares) 48,046 24,760
Income from discontinued operations    
Income (loss) from continuing operations (basic and diluted) (in dollars per share) $ 0.71 $ (0.16)
Income from discontinued operations (in dollars per share) 0.00 0.42
Net income available for common shareholders (basic and diluted) (in dollars per share) $ 0.71 $ 0.25