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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Rental income  $ 144,524 $ 149,885
Expenses:    
Real estate taxes 16,154 16,807
Utility expenses 6,432 7,012
Other operating expenses 25,439 25,880
Depreciation and amortization 64,087 62,943
Loss on impairment of real estate 7,660 0
General and administrative 11,272 7,109
Total expenses 131,044 119,751
Gain on sale of real estate 54,004 10,756
Interest and other income 5 706
Interest expense (including net amortization of debt premiums, discounts and issuance costs of $2,432 and $2,283, respectively) (28,798) (27,159)
Loss on early extinguishment of debt 0 (3,282)
Income before income tax expense and equity in net losses of investees 38,691 11,155
Income tax expense (435) (39)
Equity in net losses of investees (396) (276)
Net income 37,860 10,840
Other comprehensive loss:    
Unrealized loss on financial instrument 0 (61)
Other comprehensive loss 0 (61)
Comprehensive income $ 37,860 $ 10,779
Weighted average common shares outstanding (basic) (in shares) 48,161 48,095
Weighted average common shares outstanding (diluted) (in shares) 48,196 48,095
Per common share amounts (basic and diluted):    
Net income (in dollars per share) $ 0.78 $ 0.23