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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rental income $ 115,654 $ 129,030 $ 244,120 $ 257,890
Fees and management income 2,760 3,051 4,925 6,312
Other property income 626 500 1,518 1,148
Total revenues 119,040 132,581 250,563 265,350
Operating Expenses:        
Property operating 19,629 20,933 41,391 43,799
Real estate taxes 16,453 17,930 33,565 35,278
General and administrative 9,806 13,540 20,546 26,750
Depreciation and amortization 56,370 59,554 112,597 120,543
Impairment of real estate assets 0 25,199 0 38,916
Total operating expenses 102,258 137,156 208,099 265,286
Other:        
Interest expense, net (22,154) (25,758) (44,929) (50,842)
(Loss) gain on disposal of property, net (541) (1,266) (2,118) 5,855
Other (expense) income, net (500) (10,573) 9,369 (3,037)
Net (loss) income (6,413) (42,172) 4,786 (47,960)
Net loss (income) attributable to noncontrolling interests 825 5,602 (605) 6,195
Net (loss) income attributable to stockholders $ (5,588) $ (36,570) $ 4,181 $ (41,765)
Earnings per common share:        
Net (loss) income per share attributable to stockholders - basic and diluted (see Note 10) $ (0.02) $ (0.13) $ 0.01 $ (0.15)
Comprehensive loss:        
Net (loss) income $ (6,413) $ (42,172) $ 4,786 $ (47,960)
Other comprehensive loss:        
Change in unrealized value on interest rate swaps (1,747) (23,645) (45,111) (38,006)
Comprehensive loss (8,160) (65,817) (40,325) (85,966)
Net loss (income) attributable to noncontrolling interests 825 5,602 (605) 6,195
Other comprehensive loss attributable to noncontrolling interests 224 3,168 5,798 5,106
Comprehensive loss attributable to stockholders $ (7,111) $ (57,047) $ (35,132) $ (74,665)