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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
Income Statement [Abstract]        
Revenue from tenants $ 94,664 $ 96,287 $ 194,899 $ 185,005
Operating expenses:        
Property operating and maintenance 59,788 58,804 121,511 111,603
Impairment charges 13,793 19 31,831 19
Operating fees to related parties 5,936 5,826 11,985 11,594
Acquisition and transaction related 178 31 505 49
General and administrative 4,730 4,314 11,460 10,612
Depreciation and amortization 20,183 20,299 40,378 40,984
Total expenses 104,608 89,293 217,670 174,861
Operating (loss) income before gain on sale of real estate investments (9,944) 6,994 (22,771) 10,144
Gain on sale of real estate investments 0 0 2,306 6,078
Operating (loss) income (9,944) 6,994 (20,465) 16,222
Other income (expense):        
Interest expense (12,580) (12,806) (25,837) (26,749)
Interest and other income 36 0 41 4
Gain (loss) on non-designated derivatives 8 (5) 24 (48)
Total other expenses (12,536) (12,811) (25,772) (26,793)
Loss before income taxes (22,480) (5,817) (46,237) (10,571)
Income tax benefit (expense) 332 (297) 0 (635)
Net loss (22,148) (6,114) (46,237) (11,206)
Net loss attributable to non-controlling interests 87 60 174 41
Preferred stock dividends (750) 0 (1,492) 0
Net loss attributable to common stockholders (22,811) (6,054) (47,555) (11,165)
Other comprehensive loss:        
Unrealized loss on designated derivatives (2,355) (8,416) (39,620) (10,835)
Comprehensive loss attributable to common stockholders $ (25,166) $ (14,470) $ (87,175) $ (22,000)
Basic and diluted weighted-average shares outstanding (in shares) 91,980,953 91,783,557 91,970,957 92,335,665
Basic and diluted net loss per share (in usd per share) $ (0.25) $ (0.07) $ (0.52) $ (0.12)