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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Rental income  $ 145,806 $ 167,411 $ 441,294 $ 518,220
Expenses:        
Real estate taxes 16,113 18,824 48,701 55,363
Utility expenses 7,564 9,518 19,777 26,369
Other operating expenses 26,366 30,376 78,033 90,204
Depreciation and amortization 62,227 74,939 189,340 226,373
Loss on impairment of real estate 2,954 8,521 2,954 14,105
Acquisition and transaction related costs 0 0 0 682
General and administrative 7,059 7,990 21,372 25,457
Total expenses 122,283 150,168 360,177 438,553
Gain on sale of real estate 0 11,463 10,822 33,538
Dividend income 0 0 0 1,960
Loss on equity securities, net 0 0 0 (44,007)
Interest and other income 2 358 738 847
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $2,477, $2,560, $7,162 and $8,264, respectively) (27,097) (32,367) (79,461) (104,848)
Loss on early extinguishment of debt 0 (284) (3,839) (769)
Income (loss) before income tax (expense) benefit and equity in net losses of investees (3,572) (3,587) 9,377 (33,612)
Income tax (expense) benefit 54 (156) (220) (509)
Equity in net losses of investees (279) (196) (815) (573)
Net income (loss) (3,797) (3,939) 8,342 (34,694)
Other comprehensive income (loss):        
Unrealized gain (loss) on financial instrument 85 80 200 (287)
Equity in unrealized gain (loss) of investees 0 (46) 0 91
Other comprehensive income (loss) 85 34 200 (196)
Comprehensive income (loss) $ (3,712) $ (3,905) $ 8,542 $ (34,890)
Weighted average common shares outstanding (basic and diluted) (in shares) 48,132 48,073 48,111 48,051
Per common share amounts (basic and diluted):        
Net income (loss) (in dollars per share) $ (0.08) $ (0.08) $ 0.17 $ (0.72)