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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Rental income $ 123,298 $ 132,715 $ 367,418 $ 390,605
Fees and management income 2,581 2,766 7,506 9,078
Other property income 816 528 2,334 1,676
Total revenues 126,695 136,009 377,258 401,359
Operating Expenses:        
Property operating 20,835 23,296 62,226 67,095
Real estate taxes 17,282 18,016 50,847 53,294
General and administrative 9,595 11,537 30,141 38,287
Depreciation and amortization 56,095 58,477 168,692 179,020
Impairment of real estate assets 0 35,710 0 74,626
Total operating expenses 103,807 147,036 311,906 412,322
Other:        
Interest expense, net (20,388) (25,309) (65,317) (76,151)
Gain on disposal of property, net 10,734 5,048 8,616 10,903
Other income (expense), net 196 1,561 9,565 (1,476)
Net income (loss) 13,430 (29,727) 18,216 (77,687)
Net (income) loss attributable to noncontrolling interests (1,646) 3,850 (2,251) 10,045
Net income (loss) attributable to stockholders $ 11,784 $ (25,877) $ 15,965 $ (67,642)
Earnings per common share:        
Net (loss) income per share attributable to stockholders - basic and diluted (see Note 10) $ 0.04 $ (0.09) $ 0.05 $ (0.24)
Comprehensive loss:        
Net income (loss) $ 13,430 $ (29,727) $ 18,216 $ (77,687)
Other comprehensive loss:        
Change in unrealized value on interest rate swaps 5,098 (9,731) (40,013) (47,737)
Comprehensive loss 18,528 (39,458) (21,797) (125,424)
Net (income) loss attributable to noncontrolling interests (1,646) 3,850 (2,251) 10,045
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest (653) 1,293 5,145 6,399
Comprehensive income (loss) attributable to stockholders $ 16,229 $ (34,315) $ (18,903) $ (108,980)