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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rental revenue $ 137,999 $ 141,071 $ 286,112 $ 284,488
Observatory revenue 86 32,895 19,630 53,464
Lease termination fees 1,033 363 1,244 751
Third-party management and other fees 301 331 647 651
Other revenue and fees 1,611 1,584 3,621 4,183
Total revenues 141,030 176,244 311,254 343,537
Operating expenses:        
Property operating expenses 29,750 40,227 71,218 83,182
Ground rent expenses 2,332 2,332 4,663 4,663
General and administrative expenses 18,149 15,998 34,100 30,024
Observatory expenses 4,002 8,360 12,156 15,935
Real estate taxes 29,579 28,267 58,833 56,499
Impairment charge 4,101 0 4,101 0
Depreciation and amortization 52,783 44,821 98,876 90,919
Total operating expenses 140,696 140,005 283,947 281,222
Total operating income 334 36,239 27,307 62,315
Other income (expense):        
Interest income 1,526 3,899 2,163 7,638
Interest expense (23,928) (20,597) (43,546) (41,286)
Loss on early extinguishment of debt 0 0 (86) 0
Income (loss) before income taxes (22,068) 19,541 (14,162) 28,667
Income tax benefit (expense) 2,450 (611) 2,832 119
Net income (loss) (19,618) 18,930 (11,330) 28,786
Private perpetual preferred unit distributions (1,047) (234) (2,097) (468)
Net (income) loss attributable to non-controlling interests 7,872 (7,609) 5,129 (11,554)
Net income (loss) attributable to common stockholders $ (12,793) $ 11,087 $ (8,298) $ 16,764
Total weighted average shares:        
Basic (in shares) 175,433 176,796 178,029 176,495
Diluted (in shares) 283,384 298,131 288,015 298,100
Earnings per share attributable to common stockholders:        
Basic (in USD per share) $ (0.07) $ 0.06 $ (0.05) $ 0.09
Diluted (in USD per share) (0.07) 0.06 (0.05) 0.09
Dividends per share (in USD per share) $ 0.105 $ 0.105 $ 0.210 $ 0.210