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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue $ 245.9 $ 225.0
Operating expenses:    
Property operating expenses 92.6 83.3
Sales and marketing 4.7 5.3
General and administrative 26.9 22.2
Depreciation and amortization 108.1 102.1
Transaction, acquisition, integration and other related expenses 0.4 0.3
Total operating expenses 232.7 213.2
Operating income 13.2 11.8
Interest expense, net (16.0) (23.7)
Gain on marketable equity investment 14.7 101.2
Loss on early extinguishment of debt (3.4) 0.0
Foreign currency and derivative gains, net 5.1 0.0
Other expense (0.1) (0.1)
Net income before income taxes 13.5 89.2
Income tax benefit 1.2 0.2
Net income (loss) $ 14.7 $ 89.4
Weighted average common shares outstanding - basic (in shares) 114.9 108.3
Weighted average common shares outstanding - diluted (in shares) 115.1 108.8
Income per share - basic (in dollars per share) $ 0.13 $ 0.82
Income per share - diluted (in dollars per share) $ 0.13 $ 0.82